Press release
Organic Pigments Market Growth | Trends, Demand & Forecast 2024-2031 | BASF SE, Clariant AG, Ferro Corporation.
The Global Organic Pigments Market reached US$ 5,610.12 million in 2022 and is projected to witness lucrative growth by reaching up to US$ 8,412.56 million by 2031. The market is growing at a CAGR of 4.6% during the forecast period (2024-2031).Organic Pigments Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.
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The Organic Pigments Market revolves around carbon-based pigments used in paints, coatings, plastics, textiles, and printing inks. Growth is driven by increasing demand for eco-friendly and high-performance colorants, advancements in pigment technology, and expanding applications in automotive and packaging industries. Rising environmental regulations and the shift toward sustainable and non-toxic pigments further propel market expansion.
List of the Key Players in the Organic Pigments Market:
BASF SE, Clariant AG, Dominion Colour Corporation, Ferro Corporation, Heubach GmbH, Lansco Colors, Sudarshan Chemical Industries Ltd., Sun Chemical Corporation and Synthesia.
Industry Development:
On January 24, 2023, The Heubach Group, a global leader in inorganic and organic pigments, unveiled its Ultrazur product line at PlastIndia 2023. This new range of ultramarine blue pigments offers four distinct shades, from greenish to reddish, designed for both conventional and complex applications.
On March 21, 2023, DayGlo Colour Corp, an Ohio-based company, introduced rice protein-based fluorescent pigments specifically formulated for use in cosmetics, bringing a unique and sustainable approach to color formulation.
On August 10, 2021, Sun Chemical, headquartered in New Jersey, expanded its Reflecks MultiDimensions product line with the launch of Reflecks MD Midnight Cherry and Reflecks MD Midnight Sapphire. These new color travel effect pigments offer dynamic, shifting hues, enhancing visual appeal in various applications.
Growth Forecast Projected:
The Global Organic Pigments Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
Research Process:
Both primary and secondary data sources have been used in the global Organic Pigments Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Segment Covered in the Organic Pigments Market:
By Type: Azo Pigments, Phthalocyanine Pigments, High-Performance Pigments (HPPs), Others.
By Application: Printing Inks, Paints & Coatings, Plastics, Others (Textiles, Cosmetics, Food).
By Source: Natural Organic Pigments, Synthetic Organic Pigments.
Regional Analysis for Organic Pigments Market:
The regional analysis of the Organic Pigments Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Top-down and bottom-up approach for regional analysis
➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market
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People Also Ask:
➠ What is the global sales, production, consumption, import, and export value of the Organic Pigments market?
➠ Who are the leading manufacturers in the global Organic Pigments industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?
➠ What opportunities and challenges do vendors in the global Organic Pigments industry face?
➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?
➠ What are the key factors and limitations affecting the growth of the Organic Pigments market?
➠ What are the various sales, marketing, and distribution channels in the global industry?
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