Organic Pigments Market: This Report Explains How This Industry Will Witness Comprehensive Growth by 2022 - 2031

Allied Market Research's latest report, "Organic Pigments Market by Type (Azo Pigments, Phthalocyanine Pigments, High Performance Pigments (HPPs), Alizarin, Arylide, Others), by End Use Industry (Paints and Coatings, Automotive, Plastics, Printing Inks, Packaging, Textile, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031," projects that the global organic pigments market will reach $8.4 billion by 2031, up from $5.6 billion in 2021, growing at a compound annual growth rate (CAGR) of 4.2% during 2022-2031. The report offers an in-depth analysis of key market trends, regional insights, and the competitive landscape.

Download Sample Pages of Research Overview: https://www.alliedmarketresearch.com/request-sample/12487

Key Growth Drivers:

- Increasing demand in pharmaceuticals and plastic packaging industries is a major factor propelling market growth.
- The adoption of bio-based paints & coatings and high-performance pigments (HPPs) is further driving the market.
However, the high cost of organic pigments could pose a challenge to market expansion.
- Growing construction industry demand is anticipated to unlock new growth opportunities.

Segment Insights:

- High Performance Pigments (HPPs): This segment led the market in 2021 and is expected to remain the most profitable, with a projected CAGR of 4.7% by 2031. The use of HPPs in industries such as automotive manufacturing and cosmetics will continue to fuel demand.
- Printing Inks: In 2021, this segment held the largest market share, driven by applications in flexographic, intaglio, and screen printing. Meanwhile, the paints and coatings segment is projected to grow at a CAGR of 4.7%, supported by increasing demand from the automotive and construction industries.

Regional Highlights:

Asia-Pacific emerged as the largest market in 2021 and is expected to showcase the highest CAGR of 4.6% by 2031. The region's demand for organic pigments from the automotive, packaging, and construction sectors will continue to drive growth.

Leading Industry Players:

Key players in the organic pigments market include BASF SE, LANXESS, Synthesia A.S., Clariant, Sudarshan Chemical Industries Limited, TOYOCOLOR CO., LTD, DIC Corporation, Sun Chemical, Trust Chem Co. Ltd., and Ferro Corporation. The report highlights strategic mergers, acquisitions, partnerships, and product launches by these companies.

𝐎𝐛𝐭𝐚𝐢𝐧 𝐑𝐞𝐩𝐨𝐫𝐭 𝐃𝐞𝐭𝐚𝐢𝐥𝐬: https://www.alliedmarketresearch.com/organic-pigments-market-A12122

Contact:

David Correa

United States

1209 Orange Street,

Corporation Trust Center,

Wilmington, New Castle,

Delaware 19801 USA.

Int'l: +1-503-894-6022

Toll Free: +1-800-792-5285

Fax: +1-800-792-5285

help@alliedmarketresearch.com

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

This release was published on openPR.