Press release
Pigments & Dyes Market Set to Reach USD 51.2 Billion by 2035, Driven by Sustainability and Multi-Sector Innovation
Pigments and Dyes Market
During 2024, the world industry for dyes and pigments witnessed subtle evolutions in several regions and sectors. In Europe, the tariff imposition of a maximum of 39.7% on imports from China on titanium dioxide (TiO2) had a significant effect on paint producers.
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Key Takeaways from Market Study:
The global pigments and dyes market is estimated at USD 34.8 billion in 2025.
The market is projected to reach USD 51.2 billion by 2035.
The industry is expected to grow at a CAGR of 3.0% from 2025 to 2035.
The textiles segment holds approximately 62% market share in 2025.
The U.S. pigments and dyes market is forecasted to expand at a CAGR of 4.8% through 2035.
China is expected to register a CAGR of 6.5% during the forecast period.
South Korea is projected to grow at a CAGR of 5.0% by 2035.
Germany's market is set to grow at a CAGR of 4.2% through 2035.
France is forecasted to expand at a CAGR of 3.8% during the forecast period.
The U.K. market is projected to grow at a CAGR of 3.5% through 2035.
Leading Players Driving Innovation in the Pigments and Dyes Market:
Prominent players include Atlanta AG, Asahi Songwon Colors Ltd., Atul Ltd., BASF SE, Cathay Industries USA, Clariant AG, DIC Corp., DyStar Singapore Pte. Ltd., Ferro Corp., Sun Chemical Corporation, Synthesia SA, Sudarshan Chemical Industries Ltd., Huntsman Corp., LANXESS AG, Kronos Worldwide Inc., Kiri Industries Ltd., Tronox Inc., and Merck KGaA, which drive innovation, sustainability, and regional market growth through advanced technologies and strategic investments.
Key Drivers Fueling Growth:
Trade Policy Impacts in Europe: In 2024, the imposition of up to 39.7% tariffs on titanium dioxide imports from China created ripple effects across the European pigment sector, resulting in cost hikes, supply chain reorientation, and increased pressure for local innovation.
Evolving Beauty Standards: With the rise of "skinification" in cosmetics, which blends skincare benefits with color products, the demand for high-quality pigments with improved skin compatibility and performance has grown significantly.
Inclusive and Multicultural Demands: Expanding diversity in global populations is accelerating the need for a broader and more inclusive color spectrum in cosmetics and hair dyes, prompting manufacturers to increase their R&D investments.
Eco-Friendly and High-Performance Formulations: A growing shift toward biodegradable, low-VOC, and high-stability pigments is aligning with tightening environmental regulations and increasing consumer awareness around sustainability.
Regional Growth Leaders:
China is expected to lead market expansion, with a CAGR of 6.5%, fueled by rising infrastructure investments, robust manufacturing activity, and rapid urban development.
South Korea will closely follow with 5.0% growth, driven by textile, electronics, and personal care sectors emphasizing vibrant, durable, and sustainable pigments.
Japan, Germany, France, Italy, UK, and USA are all projected to post steady growth ranging from 3.5% to 4.8%, supported by advanced R&D ecosystems and strong domestic demand across automotive, construction, fashion, and luxury goods.
Market Segments in Focus:
The textile segment is expected to maintain a dominant position, capturing over 60% of global market share in 2025. This is largely attributed to fast fashion trends, rising disposable incomes in emerging economies, and increasing investment in performance fabrics and sustainable dyes.
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More Valuable Insights on Offer:
Fact.MR, in its new offering, presents an unbiased analysis of the global Pigments and Dyes Market, presenting historical data for 2020 to 2024 and forecast statistics for 2025 to 2035.
The pigments and dyes market is segmented based on classification, application, and region. In terms of classification, the market includes disperse dyes, reactive dyes, sulphur dyes, and other types, each serving specific industrial purposes depending on solubility, bonding capabilities, and material compatibility.
By application, the market is divided into textiles, inks & paints, leather, and paper, reflecting the widespread use of pigments and dyes across both consumer and industrial sectors.
Regionally, the market is segmented into North America, Latin America, Europe, East Asia, South Asia, Oceania, and the Middle East & Africa (MEA), highlighting the global nature of demand and the influence of regional economic, environmental, and industrial trends.
Check out More Related Studies Published by Fact.MR Research:
Bio-based Pigments and Dyes Market - https://www.factmr.com/report/1050/bio-based-pigments-and-dyes-market
Pigments Market - https://www.factmr.com/report/pigments-market
Organic Dye and Pigment Market - https://www.factmr.com/report/2512/organic-dyes-and-pigments-market
Textile Dyes Market - https://www.factmr.com/report/textile-dyes-market
Pigment Emulsion Market - https://www.factmr.com/report/4409/pigment-emulsion-market
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