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Organic Pigments Market Share & Size | Industry Forecast, 2024-2032

The global organic pigments market size was worth around USD 6.07 Billion in 2023 and is predicted to grow to around USD 8.79 Billion by 2032 with a compound annual growth rate (CAGR) of roughly 4.20% between 2024 and 2032.

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Pigments are commonly used to color a wide range of materials, including plastic, paint, ink, and fiber, among others. Pigments are typically made up of organic and inorganic components. These pigments can affect the form of the substrate on which they are put by selectively absorbing and dispersing light. Organic pigments are made from a variety of synthetic and natural sources.

Unlike natural organic pigments, which are obtained from plants and animals, synthetic organic pigments are carbon-based and predominantly derived from petroleum compounds. Organic pigments are used in the performing arts and as crushed powders to color a range of items. Organic pigments are more desirable in a range of end-use industries since they are less expensive, contain no hazardous ingredients, and have a high color strength.

Throughout the forecast period, the global organic pigments market is expected to develop due to increasing demand for organic pigments from a range of industries, including the textile and plastic industries. It is more pleasant and visually appealing to use organic pigments in visual arts because they come in a variety of unique tones. During the anticipated time period, the following are some of the factors that are expected to drive operations in the global organic pigments market.

Furthermore, it is expected that the growing use of organic pigments in a variety of high-tech applications, such as photo-reprographics, optoelectronic displays, and optical data storage, will provide lucrative growth opportunities for players in the organic pigments market globally in the coming years.

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The Global Organic Pigments Market is segmented based on product, application and region

Global Organic Pigments Market: Product Segment Analysis

● Azo Pigments
● Phthalocyanine Pigments
● High-Performance Pigments (HPPs)
● Others

Global Organic Pigments Market: Application Segment Analysis

● Printing Inks
● Paints and Coatings
● Plastics
● Others

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The global Organic Pigments market profiles key players such as:

● Heubach India
● Clariant
● Shanghai Road Dyestuffs & Chemicals Company Limited
● Lanco Colors
● DIC Corporation
● Neelikon Food Colors & Chemicals Ltd.
● Sun Chemical Corporation
● Sensient Technologies Corporation
● Synthesia
● Vibfast Pigments Pvt. Ltd.
● Neochem Industries

Organic Pigment Market: Regional Analysis

On an individual regional level, the global market for organic pigments is divided into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. In 2023, the Asia-Pacific region was the most important market for organic pigments. This was mostly due to increased demand for the commodity from the region’s construction, packaging, and automotive industries. Furthermore, the Asia Pacific region is seeing tremendous population increase, resulting in a vast customer base for food, beverages, and fast-moving consumer goods (FMCG) products.

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