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Organic Pigments Market Dynamics
Major factors driving growth of the organic pigments market include their increasing use in plastic, paint, coatings and textile industries. Moreover, upswing in number of textile industries and increasing demand of plastic products owing to various macro-economic factors is expected to boost the demand of organic pigments, in turn, fuelling the growth of global organic pigments market over the forecast period.
Unstable prices, various environmental regulations and limited availability of raw materials are some of the factors expected to impede the growth of global organic pigments market.
Manufacture of organic pigments with good light fastness property is gaining traction among global manufacturers. Besides, developing countries such as China & India are shifting towards becoming the center of global organic pigments market, both from the demand and supply side. Regulatory environment, labor laws and wages in Asia Pacific are expected to remain major factors impacting this global market shift. Moreover, owing to their ability to providing a wide color spectrum compared to their inorganic counterpart, organic pigments are expected to substitute inorganic pigments for some specific applications over the coming years.
Organic Pigments Market: Regional Outlook
Global organic pigments market is segmented into seven key regions namely North America, Latin America, Eastern Europe, Western Europe, Asia-Pacific Excluding Japan (APEJ), Japan and Middle East and Africa (MEA). Upsurge in development of textile & plastic industries in Asia-pacific is expected to boost the demand of organic pigments market in the region by 2026 end.
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Organic Pigments Market: Key Players
Key players involved in the value chain of organic pigments market include BASF SE, Heubach India, DIC Corporation, Clariant, Lansco Colors, Sensient Technologies Corporation, Sun Chemical Corporation, Synthesia, Neochem Industries, Vibfast Pigments Pvt. Ltd., Neelikon Food Colors & Chemicals Ltd., Shanghai Road Dyestuffs & Chemicals Company Limited and others.
The report covers exhaustive analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Current Trends/Issues/Challenges
- Key players
Regional analysis includes:
- North America
- Latin America
- Asia Pacific excluding Japan
- Japan
- Western Europe
- Eastern Europe
- Middle East & Africa
Global organic pigments market is segmented on the basis of source of production and application.
On the basis of production source, global organic pigments market is categorized into
- natural
- synthetic
On the basis of application, global organic pigments market is segmented into
- paints and coatings
- plastics
- printing inks
- textiles
- cosmetics
- food
- chemical
- others.
Report Highlights:
- A brief introduction of global market of organic pigments
- Market trends
- In-depth market segmentation
- Recent industry trends and developments
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth