出版:MarketsandMarkets(マーケッツアンドマーケッツ) 出版年月:2024年4月
Organic Pigments Market – Global Forecast to 2029
有機顔料市場 : 原料 (合成&天然)、タイプ [アゾ、フタロシアニン、高機能顔料 (HPP)]、用途 (印刷インキ、塗料&コーティング、プラスチック)&地域別 – 2029年までの世界予測
Organic pigments Market by Source (Synthetic and Natural), Type (Azo, Phthalocyanine, High-Performance Pigments(HPPs)), Application (Printing inks, Paints & Coatings, Plastics), and Region – Global Forecast to 2029
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シングルユーザライセンス | USD 4,950 |
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コーポレートライセンス | USD 8,150 |
エンタープライズサイトライセンス | USD 10,000 |
種別 | 英文調査報告書 |
Report Overview
The organic pigments market is projected to grow from USD 4.4 billion in 2024 to USD 6.0 billion by 2029, at a CAGR of 6.5% during the forecast period.
有機顔料市場は、予測期間中に6.5%のCAGRで、2024年の44億米ドルから2029年までに60億米ドルに成長すると予測されています。
Phthalocyanine pigments are blue and green pigments, which are insoluble and resistant to migration. They have several applications, ranging from printing inks and paints & coatings to plastics. However, these pigments are mainly used in printing inks and paints & coatings applications, as they provide bright, clean shades of blue and green and have excellent weather-fastness and lightfastness. Phthalocyanine pigments are losing market share, as some of the variants of this type of pigment show toxicity and can be carcinogenic.
“The synthetic source of organic pigments dominated the overall market, in terms of value.”
Global organic pigments market has been segmented on the basis of source into synthetic and natural. Synthetic pigments are the ones that utilize petroleum compounds, acids, and other chemicals, usually under high heat or pressure for manufacturing. They are generally synthesized using ring-based aromatic compounds. These chemicals produce almost infinite variations in the molecular structure. Among these limitless structures, the molecules with the least toxicity, the most color fastness, and the most economical ones are selected for manufacturing.
“Plastics application of organic pigments accounted for third-largest market share the overall market, in terms of value.”
In the plastics application, organic pigments offer excellent tinting strength, ease of dispersion, and high exterior durability. Apart from improving aesthetics and providing coloring effects, organic pigments enhance the stability of plastics. This increases their resistance to adverse weather conditions. They are extensively used in polyvinyl chloride and engineered resins, owing to broad compatibility and ease of processing. Some of the major exterior plastic applications of organic pigments include vinyl siding, fencing, outdoor furniture, and composite decking. Organic pigments are also used in a wide variety of extruded and injection-molded products.
“During the forecast period, the organic pigments market in North America region is projected to register third-highest CAGR.”
The growth of the organic pigments market in this region is mainly driven by the growing construction, automotive, and aerospace, and defense industries. The market in the region is characterized by the presence of established players with a wide geographical presence. Most of the players in the organic pigments market are from North America. The demand for organic pigments in the country is mainly generated by the growing printing and packaging industries. The country is witnessing huge demand for digital printing in the textile industry due to the ongoing revolution in the fashion industry and rapid adoption of digital printing against conventional printing, which, in turn, is expected to drive the growth of the organic pigments market in the printing inks application in the US.
This study has been validated through primary interviews with industry experts globally. These primary sources have been divided into the following three categories:
- By Company Type- Tier 1- 40%, Tier 2- 33%, and Tier 3- 27%
- By Designation- C Level- 50%, Director Level- 30%, and Executives- 20%
- By Region- North America- 15%, Europe- 50%, Asia Pacific (APAC) – 20%, Latin America-5%, Middle East & Africa -10%.
The report provides a comprehensive analysis of company profiles:
Prominent companies include DIC Corporation (Japan), Heubach GmbH (Germany), and Dainichiseika Color & Chemicals Mfg. Co., Ltd. (Japan), Lily Group Co. Ltd. (China), Sunlour Pigment Co., Ltd. (China), Anshan Hifichem Co., Ltd. (China), Longkou Union Chemical Co., Ltd. (China), Meghmani Organics Ltd. (India), Asahi Songwon Colors Ltd. (India), and Sudarshan Chemical Industries Limited (India).
Reseach Coverage
This research report categorizes the Organic Pigments Market by Type (Azo Pigments, Phthalocyanine Pigments, HPPs and Other Types), Source (Synthetic and Natural), Application (Printing inks, Paints & Coatings, Plastics and Other Applications), and Region (North America, Europe, Asia Pacific, the Middle East & Africa, and South America). The scope of the report includes detailed information about the major factors influencing the growth of the organic pigments market, such as drivers, restraints, challenges, and opportunities. A thorough examination of the key industry players has been conducted in order to provide insights into their business overview, solutions, and services, key strategies, contracts, partnerships, and agreements. New product and service launches, mergers and acquisitions, and recent developments in the organic pigments market are all covered. This report includes a competitive analysis of upcoming startups in the organic pigments market ecosystem.
Reasons to buy this report:
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall organic pigments market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
• Analysis of key drivers (Efficient properties compared to inorganic pigments, Increasing restraints in food packaging applications), restraints (Higher cost of organic pigments, Increasing eco-friendly regulations and restrictions on raw materials), opportunities (Growing demand for HPPs), and challenges (Increasing environmental regulations) influencing the growth of the organic pigments market
• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the organic pigments market.
• Market Development: Comprehensive information about lucrative markets – the report analyses the organic pigments market across varied regions.
• Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the organic pigments market.
Competitive Assessment: In-depth assessment of market shares, growth strategies and service offerings of leading players like DIC Corporation (Japan), Heubach GmbH (Germany), and Dainichiseika Color & Chemicals Mfg. Co., Ltd. (Japan), Lily Group Co. Ltd. (China), Sunlour Pigment Co., Ltd. (China), Anshan Hifichem Co., Ltd. (China), Longkou Union Chemical Co., Ltd. (China), Meghmani Organics Ltd. (India), Asahi Songwon Colors Ltd. (India), and Sudarshan Chemical Industries Limited (India) among others in the organic pigments market.
Table of Contents
1 INTRODUCTION 36
1.1 STUDY OBJECTIVES 36
1.2 MARKET DEFINITION 36
1.2.1 INCLUSIONS & EXCLUSIONS 37
1.3 STUDY SCOPE 37
FIGURE 1 ORGANIC PIGMENTS: MARKET SEGMENTATION 37
1.3.1 REGIONS COVERED 38
1.3.2 YEARS CONSIDERED 38
1.4 CURRENCY CONSIDERED 39
1.5 UNITS CONSIDERED 39
1.6 LIMITATIONS 39
1.7 STAKEHOLDERS 39
1.8 SUMMARY OF CHANGES 40
1.8.1 IMPACT OF RECESSION 40
2 RESEARCH METHODOLOGY 41
2.1 RESEARCH DATA 41
FIGURE 2 ORGANIC PIGMENTS MARKET: RESEARCH DESIGN 41
2.1.1 SECONDARY DATA 42
2.1.1.1 Key data from secondary sources 42
2.1.2 PRIMARY DATA 43
2.1.2.1 Key data from primary sources 43
2.1.2.2 Key primary participants 43
2.1.2.3 Breakdown of primary interviews 44
2.1.2.4 Key industry insights 44
2.2 MARKET SIZE ESTIMATION 45
2.2.1 BOTTOM-UP APPROACH 45
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 45
2.2.2 TOP-DOWN APPROACH 45
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 45
2.3 IMPACT OF RECESSION 46
2.4 BASE NUMBER CALCULATION 46
2.4.1 APPROACH 1: SUPPLY-SIDE ANALYSIS 46
FIGURE 5 METHODOLOGY FOR “SUPPLY-SIDE” SIZING OF ORGANIC PIGMENTS MARKET 46
2.4.2 APPROACH 2: DEMAND-SIDE ANALYSIS 47
FIGURE 6 METHODOLOGY FOR “DEMAND-SIDE” SIZING OF ORGANIC PIGMENTS MARKET 47
2.5 MARKET FORECAST APPROACH 47
2.5.1 SUPPLY SIDE 47
2.5.2 DEMAND SIDE 47
2.6 DATA TRIANGULATION 48
FIGURE 7 ORGANIC PIGMENTS MARKET: DATA TRIANGULATION 48
2.7 FACTOR ANALYSIS 49
2.8 RESEARCH ASSUMPTIONS 49
2.9 RESEARCH LIMITATIONS 50
2.10 RISK ASSESSMENT 50
3 EXECUTIVE SUMMARY 51
FIGURE 8 HPPS TO REGISTER FASTEST GROWTH IN ORGANIC PIGMENTS MARKET DURING FORECAST PERIOD 51
FIGURE 9 SYNTHETIC ORGANIC PIGMENTS DOMINATED MARKET IN 2023 52
FIGURE 10 PAINTS & COATINGS APPLICATION TO LEAD ORGANIC PIGMENTS MARKET DURING 2024–2029 52
FIGURE 11 ASIA PACIFIC LED ORGANIC PIGMENTS MARKET IN 2023 53
4 PREMIUM INSIGHTS 54
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN ORGANIC PIGMENTS MARKET 54
FIGURE 12 MODERATE GROWTH EXPECTED IN ORGANIC PIGMENTS MARKET DURING FORECAST PERIOD 54
4.2 ORGANIC PIGMENTS MARKET, BY TYPE AND REGION 54
FIGURE 13 ASIA PACIFIC AND AZO PIGMENTS SEGMENT ACCOUNTED FOR LARGEST SHARES IN 2023 54
4.3 ORGANIC PIGMENTS MARKET, BY SOURCE 55
FIGURE 14 SYNTHETIC ORGANIC PIGMENTS ACCOUNTED FOR LARGER SHARE IN 2023 55
4.4 ORGANIC PIGMENTS MARKET, BY APPLICATION, 2024 VS. 2029 55
FIGURE 15 PRINTING INKS TO DOMINATE ORGANIC PIGMENTS MARKET DURING FORECAST PERIOD 55
4.5 ORGANIC PIGMENTS MARKET GROWTH, BY KEY COUNTRY 56
FIGURE 16 CHINA TO BE FASTEST-GROWING ORGANIC PIGMENTS MARKET DURING FORECAST PERIOD 56
5 MARKET OVERVIEW 57
5.1 INTRODUCTIONS 57
5.2 MARKET DYNAMICS 57
FIGURE 17 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN ORGANIC PIGMENTS MARKET 57
5.2.1 DRIVERS 58
5.2.1.1 Superior properties than inorganic pigments 58
TABLE 1 AUTOMOBILE PRODUCTION STATISTICS, BY COUNTRY (2023) 58
TABLE 2 AUTOMOBILE PRODUCTION STATISTICS, BY REGION (2020) 58
5.2.1.2 High demand for enhanced aesthetics 58
TABLE 3 GENERAL PROPERTIES OF ORGANIC AND INORGANIC PIGMENTS 59
5.2.1.3 Increasing restraints on food packaging applications 59
5.2.2 RESTRAINTS 60
5.2.2.1 Increasing restrictions on raw materials 60
TABLE 4 RISK FACTORS RELATED TO INTERMEDIARIES OF ORGANIC PIGMENTS 60
5.2.2.2 Higher cost of organic pigments 60
5.2.3 OPPORTUNITIES 61
5.2.3.1 Growing demand from color filters 61
TABLE 5 INCREASE IN GLOBAL DEMAND FOR ELECTRONICS THAT UTILIZE LCD/LED DISPLAYS 61
5.2.3.2 Rising demand for HPPs 61
5.2.4 CHALLENGES 61
5.2.4.1 Low supply 61
5.3 PORTER’S FIVE FORCES ANALYSIS 62
FIGURE 18 ORGANIC PIGMENTS MARKET: PORTER’S FIVE FORCES ANALYSIS 62
5.3.1 THREAT OF NEW ENTRANTS 62
5.3.2 THREAT OF SUBSTITUTES 63
5.3.3 BARGAINING POWER OF BUYERS 63
5.3.4 BARGAINING POWER OF SUPPLIERS 63
5.3.5 INTENSITY OF COMPETITIVE RIVALRY 63
TABLE 6 ORGANIC PIGMENTS MARKET: PORTER’S FIVE FORCES ANALYSIS 64
5.4 ECOSYSTEM MAP 64
FIGURE 19 ECOSYSTEM MAP 64
FIGURE 20 ORGANIC PIGMENTS MARKET: KEY STAKEHOLDERS IN ECOSYSTEM 65
5.5 PRICING ANALYSIS 65
5.5.1 AVERAGE SELLING PRICE, BY APPLICATION (KEY PLAYERS) 66
FIGURE 21 AVERAGE SELLING PRICE FOR TOP 3 APPLICATIONS (USD/KG) 66
5.5.2 AVERAGE SELLING PRICE, BY TYPE 66
FIGURE 22 AVERAGE SELLING PRICE BASED ON TYPE (USD/KG) 66
5.5.3 AVERAGE SELLING PRICE, BY SOURCE 67
FIGURE 23 AVERAGE SELLING PRICE BASED ON SOURCE (USD/KG) 67
5.5.4 AVERAGE SELLING PRICE, BY REGION 67
TABLE 7 AVERAGE SELLING PRICE OF ORGANIC PIGMENTS, BY REGION 67
5.6 VALUE CHAIN ANALYSIS 68
FIGURE 24 VALUE CHAIN ANALYSIS 68
5.7 TRADE ANALYSIS 69
5.7.1 EXPORT SCENARIO FOR HS CODE 320417 69
FIGURE 25 EXPORT OF SYNTHETIC ORGANIC PIGMENTS, BY KEY COUNTRY, 2019–2023 (USD THOUSAND) 69
5.7.2 IMPORT SCENARIO FOR HS CODE 320417 70
FIGURE 26 IMPORT OF SYNTHETIC ORGANIC PIGMENTS, BY KEY COUNTRY, 2019–2023 (USD THOUSAND) 70
5.8 TECHNOLOGY ANALYSIS 70
5.9 KEY STAKEHOLDERS AND BUYING CRITERIA 71
5.9.1 KEY STAKEHOLDERS IN BUYING PROCESS 71
FIGURE 27 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE APPLICATIONS 71
TABLE 8 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE APPLICATIONS 71
5.9.2 BUYING CRITERIA 72
FIGURE 28 KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS 72
TABLE 9 KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS 72
5.10 PATENT ANALYSIS 72
5.10.1 INTRODUCTION 72
5.10.2 METHODOLOGY 73
5.10.3 DOCUMENT TYPE 73
TABLE 10 GLOBAL PATENTS 73
FIGURE 29 GLOBAL PATENT ANALYSIS, BY DOCUMENT TYPE 73
FIGURE 30 GLOBAL PATENT PUBLICATION TREND ANALYSIS: LAST 6 YEARS 74
5.10.4 INSIGHTS 74
5.10.5 LEGAL STATUS OF PATENTS 74
FIGURE 31 LEGAL STATUS OF PATENTS 74
5.10.6 JURISDICTION ANALYSIS 75
FIGURE 32 GLOBAL JURISDICTION ANALYSIS 75
5.10.7 TOP APPLICANTS’ ANALYSIS 75
FIGURE 33 DAINIPPON INK & CHEMICALS HAS HIGHEST NUMBER OF PATENTS 75
5.10.8 PATENTS BY DAINIPPON INK & CHEMICALS 76
5.10.9 PATENTS BY MITSUBISHI CHEM CORP 76
5.10.10 PATENTS BY DIC CORPORATION 77
5.10.11 TOP 10 PATENT OWNERS IN LAST 10 YEARS 78
5.11 REGULATORY LANDSCAPE 78
5.11.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 78
TABLE 11 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 78
TABLE 12 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 79
TABLE 13 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 79
TABLE 14 REST OF THE WORLD: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 79
5.11.2 STANDARDS IN ORGANIC PIGMENTS MARKET 80
TABLE 15 CURRENT STANDARD CODES FOR ORGANIC PIGMENTS 80
5.12 KEY CONFERENCES AND EVENTS, 2024–2025 80
TABLE 16 KEY CONFERENCES AND EVENTS, 2024–2025 80
5.13 CASE STUDY ANALYSIS 81
5.13.1 CASE STUDY 1: AGREEMENT STRATEGIES BY DIC CORPORATION TO CATER TO GROWING DEMAND FOR ORGANIC PIGMENTS 81
5.13.2 CASE STUDY 2: BUSINESS EXPANSION BY LILY GROUP CO LTD. 82
5.14 TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS 82
FIGURE 34 REVENUE SHIFT OF ORGANIC PIGMENTS MARKET 82
5.15 ORGANIC PIGMENTS INVESTMENT LANDSCAPE 83
FIGURE 35 INVESTOR DEALS AND FUNDING IN GLOBAL ORGANIC PIGMENTS MARKET SOARED IN 2023 83
5.16 COMPANY VALUATION 83
FIGURE 36 MOST VALUED ORGANIC PIGMENTS FIRMS IN 2023 (USD BILLION) 83
6 ORGANIC PIGMENTS MARKET, BY APPLICATION 84
6.1 INTRODUCTION 85
FIGURE 37 PAINTS & COATINGS SEGMENT TO LEAD MARKET DURING FORECAST PERIOD 85
TABLE 17 ORGANIC PIGMENTS MARKET, BY APPLICATION, 2020–2023 (KILOTON) 85
TABLE 18 ORGANIC PIGMENTS MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 86
TABLE 19 ORGANIC PIGMENTS MARKET, BY APPLICATION, 2024–2029 (KILOTON) 86
TABLE 20 ORGANIC PIGMENTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 86
6.2 PRINTING INKS 87
6.2.1 WIDE USAGE IN FOOD PACKAGING TO DRIVE DEMAND 87
TABLE 21 ORGANIC PIGMENTS MARKET IN PRINTING INKS APPLICATION, BY REGION, 2020–2023 (KILOTON) 87
TABLE 22 ORGANIC PIGMENTS MARKET IN PRINTING INKS APPLICATION, BY REGION, 2020–2023 (USD MILLION) 87
TABLE 23 ORGANIC PIGMENTS MARKET IN PRINTING INKS APPLICATION, BY REGION, 2024–2029 (KILOTON) 88
TABLE 24 ORGANIC PIGMENTS MARKET IN PRINTING INKS APPLICATION, BY REGION, 2024–2029 (USD MILLION) 88
6.3 PAINTS & COATINGS 89
6.3.1 WIDE USAGE IN DECORATIVE COATINGS TO DRIVE DEMAND 89
FIGURE 38 ASIA PACIFIC TO LEAD ORGANIC PIGMENTS MARKET FOR PAINTS & COATINGS APPLICATION 89
TABLE 25 ORGANIC PIGMENTS MARKET IN PAINTS & COATINGS APPLICATION, BY REGION, 2020–2023 (KILOTON) 89
TABLE 26 ORGANIC PIGMENTS MARKET IN PAINTS & COATINGS APPLICATION, BY REGION, 2020–2023 (USD MILLION) 90
TABLE 27 ORGANIC PIGMENTS MARKET IN PAINTS & COATINGS APPLICATION, BY REGION, 2024–2029 (KILOTON) 90
TABLE 28 ORGANIC PIGMENTS MARKET IN PAINTS & COATINGS APPLICATION, BY REGION, 2024–2029 (USD MILLION) 90
6.4 PLASTICS 91
6.4.1 EASE OF PROCESSING TO DRIVE MARKET 91
TABLE 29 ORGANIC PIGMENTS MARKET IN PLASTICS APPLICATION, BY REGION, 2020–2023 (KILOTON) 91
TABLE 30 ORGANIC PIGMENTS MARKET IN PLASTICS APPLICATION, BY REGION, 2020–2023 (USD MILLION) 91
TABLE 31 ORGANIC PIGMENTS MARKET IN PLASTICS APPLICATION, BY REGION, 2024–2029 (KILOTON) 92
TABLE 32 ORGANIC PIGMENTS MARKET IN PLASTICS APPLICATION, BY REGION, 2024–2029 (USD MILLION) 92
6.5 OTHER APPLICATIONS 93
TABLE 33 ORGANIC PIGMENTS MARKET IN OTHER APPLICATIONS, BY REGION, 2020–2023 (KILOTON) 93
TABLE 34 ORGANIC PIGMENTS MARKET IN OTHER APPLICATIONS, BY REGION, 2020–2023 (USD MILLION) 93
TABLE 35 ORGANIC PIGMENTS MARKET IN OTHER APPLICATIONS, BY REGION, 2024–2029 (KILOTON) 93
TABLE 36 ORGANIC PIGMENTS MARKET IN OTHER APPLICATIONS, BY REGION, 2024–2029 (USD MILLION) 94
7 ORGANIC PIGMENTS MARKET, BY SOURCE 95
7.1 INTRODUCTION 96
FIGURE 39 SYNTHETIC SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD 96
TABLE 37 ORGANIC PIGMENTS MARKET, BY SOURCE, 2020–2023 (KILOTON) 96
TABLE 38 ORGANIC PIGMENTS MARKET, BY SOURCE, 2020–2023 (USD MILLION) 96
TABLE 39 ORGANIC PIGMENTS MARKET, BY SOURCE, 2024–2029 (KILOTON) 96
TABLE 40 ORGANIC PIGMENTS MARKET, BY SOURCE, 2024–2029 (USD MILLION) 97
7.2 SYNTHETIC 97
7.2.1 DOMINATED MARKET WITH SIGNIFICANT MARKET SHARE 97
FIGURE 40 ASIA PACIFIC TO LEAD ORGANIC PIGMENTS MARKET IN SYNTHETIC SEGMENT 97
TABLE 41 SYNTHETIC: ORGANIC PIGMENTS MARKET, BY REGION, 2020–2023 (KILOTON) 98
TABLE 42 SYNTHETIC: ORGANIC PIGMENTS MARKET, BY REGION, 2020–2023 (USD MILLION) 98
TABLE 43 SYNTHETIC: ORGANIC PIGMENTS MARKET, BY REGION, 2024–2029 (KILOTON) 98
TABLE 44 SYNTHETIC: ORGANIC PIGMENTS MARKET, BY REGION, 2024–2029 (USD MILLION) 99
7.3 NATURAL 99
7.3.1 EXPECTED TO GROW AT HIGHER CAGR 99
FIGURE 41 ASIA PACIFIC TO LEAD ORGANIC PIGMENTS MARKET IN NATURAL SEGMENT 99
TABLE 45 NATURAL: ORGANIC PIGMENTS MARKET, BY REGION, 2020–2023 (KILOTON) 100
TABLE 46 NATURAL: ORGANIC PIGMENTS MARKET, BY REGION, 2020–2023 (USD MILLION) 100
TABLE 47 NATURAL: ORGANIC PIGMENTS MARKET, BY REGION, 2024–2029 (KILOTON) 100
TABLE 48 NATURAL: ORGANIC PIGMENTS MARKET, BY REGION, 2024–2029 (USD MILLION) 101
8 ORGANIC PIGMENTS MARKET, BY TYPE 102
8.1 INTRODUCTION 103
FIGURE 42 HPPS TO WITNESS FASTEST GROWTH DURING FORECAST PERIOD 103
TABLE 49 ORGANIC PIGMENTS MARKET, BY TYPE, 2020–2023 (KILOTON) 103
TABLE 50 ORGANIC PIGMENTS MARKET, BY TYPE, 2020–2023 (USD MILLION) 103
TABLE 51 ORGANIC PIGMENTS MARKET, BY TYPE, 2024–2029 (KILOTON) 104
TABLE 52 ORGANIC PIGMENTS MARKET, BY TYPE, 2024–2029 (USD MILLION) 104
8.2 AZO PIGMENTS 104
8.2.1 MOST DIVERSE GROUP OF SYNTHETIC ORGANIC PIGMENTS 104
FIGURE 43 ASIA PACIFIC TO LEAD AZO ORGANIC PIGMENTS MARKET 105
TABLE 53 AZO ORGANIC PIGMENTS MARKET, BY REGION, 2020–2023 (KILOTON) 105
TABLE 54 AZO ORGANIC PIGMENTS MARKET, BY REGION, 2020–2023 (USD MILLION) 105
TABLE 55 AZO ORGANIC PIGMENTS MARKET, BY REGION, 2024–2029 (KILOTON) 106
TABLE 56 AZO ORGANIC PIGMENTS MARKET, BY REGION, 2024–2029 (USD MILLION) 106
8.3 PHTHALOCYANINE PIGMENTS 106
8.3.1 WIDE USAGE IN PRINTING INKS AND PAINTS & COATINGS APPLICATIONS TO DRIVE MARKET 106
TABLE 57 PHTHALOCYANINE ORGANIC PIGMENTS MARKET, BY REGION, 2020–2023 (KILOTON) 107
TABLE 58 PHTHALOCYANINE ORGANIC PIGMENTS MARKET, BY REGION, 2020–2023 (USD MILLION) 107
TABLE 59 PHTHALOCYANINE ORGANIC PIGMENTS MARKET, BY REGION, 2024–2029 (KILOTON) 107
TABLE 60 PHTHALOCYANINE ORGANIC PIGMENTS MARKET, BY REGION, 2024–2029 (USD MILLION) 108
8.4 HIGH-PERFORMANCE PIGMENTS (HPPS) 108
8.4.1 PROJECTED TO GROW AT HIGHEST CAGR 108
TABLE 61 HPPS: ORGANIC PIGMENTS MARKET, BY REGION, 2020–2023 (KILOTON) 108
TABLE 62 HPPS: ORGANIC PIGMENTS MARKET, BY REGION, 2020–2023 (USD MILLION) 109
TABLE 63 HPPS: ORGANIC PIGMENTS MARKET, BY REGION, 2024–2029 (KILOTON) 109
TABLE 64 HPPS: ORGANIC PIGMENTS MARKET, BY REGION, 2024–2029 (USD MILLION) 109
8.5 OTHER TYPES 110
TABLE 65 OTHER ORGANIC PIGMENTS MARKET, BY REGION, 2020–2023 (KILOTON) 110
TABLE 66 OTHER ORGANIC PIGMENTS MARKET, BY REGION, 2020–2023 (USD MILLION) 110
TABLE 67 OTHER ORGANIC PIGMENTS MARKET, BY REGION, 2024–2029 (KILOTON) 111
TABLE 68 OTHER ORGANIC PIGMENTS MARKET, BY REGION, 2024–2029 (USD MILLION) 111
9 ORGANIC PIGMENTS MARKET, BY REGION 112
9.1 INTRODUCTION 113
FIGURE 44 CHINA TO BE FASTEST-GROWING COUNTRY IN ORGANIC PIGMENTS MARKET 113
TABLE 69 ORGANIC PIGMENTS MARKET, BY REGION, 2020–2023 (KILOTON) 113
TABLE 70 ORGANIC PIGMENTS MARKET, BY REGION, 2020–2023 (USD MILLION) 114
TABLE 71 ORGANIC PIGMENTS MARKET, BY REGION, 2024–2029 (KILOTON) 114
TABLE 72 ORGANIC PIGMENTS MARKET, BY REGION, 2024–2029 (USD MILLION) 114
9.2 NORTH AMERICA 115
9.2.1 RECESSION IMPACT 115
FIGURE 45 NORTH AMERICA: ORGANIC PIGMENTS MARKET SNAPSHOT 116
9.2.2 NORTH AMERICA: ORGANIC PIGMENTS MARKET, BY TYPE 116
TABLE 73 NORTH AMERICA: ORGANIC PIGMENTS MARKET, BY TYPE, 2020–2023 (KILOTON) 116
TABLE 74 NORTH AMERICA: ORGANIC PIGMENTS MARKET, BY TYPE, 2020–2023 (USD MILLION) 117
TABLE 75 NORTH AMERICA: ORGANIC PIGMENTS MARKET, BY TYPE, 2024–2029 (KILOTON) 117
TABLE 76 NORTH AMERICA: ORGANIC PIGMENTS MARKET, BY TYPE, 2024–2029 (USD MILLION) 117
9.2.3 NORTH AMERICA: ORGANIC PIGMENTS MARKET, BY SOURCE 117
TABLE 77 NORTH AMERICA: ORGANIC PIGMENTS MARKET, BY SOURCE, 2020–2023 (KILOTON) 117
TABLE 78 NORTH AMERICA: ORGANIC PIGMENTS MARKET, BY SOURCE, 2020–2023 (USD MILLION) 118
TABLE 79 NORTH AMERICA: ORGANIC PIGMENTS MARKET, BY SOURCE, 2024–2029 (KILOTON) 118
TABLE 80 NORTH AMERICA: ORGANIC PIGMENTS MARKET, BY SOURCE, 2024–2029 (USD MILLION) 118
9.2.4 NORTH AMERICA: ORGANIC PIGMENTS MARKET, BY APPLICATION 118
TABLE 81 NORTH AMERICA: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2020–2023 (KILOTON) 118
TABLE 82 NORTH AMERICA: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 119
TABLE 83 NORTH AMERICA: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2024–2029 (KILOTON) 119
TABLE 84 NORTH AMERICA: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 119
9.2.5 NORTH AMERICA: ORGANIC PIGMENTS MARKET, BY COUNTRY 120
TABLE 85 NORTH AMERICA: ORGANIC PIGMENTS MARKET, BY COUNTRY, 2020–2023 (KILOTON) 120
TABLE 86 NORTH AMERICA: ORGANIC PIGMENTS MARKET, BY COUNTRY, 2020–2023 (USD MILLION) 120
TABLE 87 NORTH AMERICA: ORGANIC PIGMENTS MARKET, BY COUNTRY, 2024–2029 (KILOTON) 120
TABLE 88 NORTH AMERICA: ORGANIC PIGMENTS MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 120
9.2.5.1 US 121
9.2.5.1.1 Increasing packaged food consumption to drive demand 121
TABLE 89 US: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2020–2023 (KILOTON) 121
TABLE 90 US: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 122
TABLE 91 US: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2024–2029 (KILOTON) 122
TABLE 92 US: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 122
9.2.5.2 Mexico 123
9.2.5.2.1 High demand from plastics application to drive market 123
TABLE 93 MEXICO: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2020–2023 (KILOTON) 123
TABLE 94 MEXICO: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 123
TABLE 95 MEXICO: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2024–2029 (KILOTON) 123
TABLE 96 MEXICO: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 124
9.2.5.3 Canada 124
9.2.5.3.1 High demand from printing inks application to drive market 124
TABLE 97 CANADA: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2020–2023 (KILOTON) 124
TABLE 98 CANADA: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 125
TABLE 99 CANADA: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2024–2029 (KILOTON) 125
TABLE 100 CANADA: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 125
9.3 EUROPE 126
9.3.1 RECESSION IMPACT 126
FIGURE 46 EUROPE: ORGANIC PIGMENTS MARKET SNAPSHOT 127
9.3.2 EUROPE: ORGANIC PIGMENTS MARKET, BY TYPE 127
TABLE 101 EUROPE: ORGANIC PIGMENTS MARKET, BY TYPE, 2020–2023 (KILOTON) 127
TABLE 102 EUROPE: ORGANIC PIGMENTS MARKET, BY TYPE, 2020–2023 (USD MILLION) 128
TABLE 103 EUROPE: ORGANIC PIGMENTS MARKET, BY TYPE, 2024–2029 (KILOTON) 128
TABLE 104 EUROPE: ORGANIC PIGMENTS MARKET, BY TYPE, 2024–2029 (USD MILLION) 128
9.3.3 EUROPE: ORGANIC PIGMENTS MARKET, BY SOURCE 129
TABLE 105 EUROPE: ORGANIC PIGMENTS MARKET, BY SOURCE, 2020–2023 (KILOTON) 129
TABLE 106 EUROPE: ORGANIC PIGMENTS MARKET, BY SOURCE, 2020–2023 (USD MILLION) 129
TABLE 107 EUROPE: ORGANIC PIGMENTS MARKET, BY SOURCE, 2024–2029 (KILOTON) 129
TABLE 108 EUROPE: ORGANIC PIGMENTS MARKET, BY SOURCE, 2024–2029 (USD MILLION) 129
9.3.4 EUROPE: ORGANIC PIGMENTS MARKET, BY APPLICATION 130
TABLE 109 EUROPE: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2020–2023 (KILOTON) 130
TABLE 110 EUROPE: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 130
TABLE 111 EUROPE: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2024–2029 (KILOTON) 130
TABLE 112 EUROPE: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 130
9.3.5 EUROPE: ORGANIC PIGMENTS MARKET, BY COUNTRY 131
TABLE 113 EUROPE: ORGANIC PIGMENTS MARKET, BY COUNTRY, 2020–2023 (KILOTON) 131
TABLE 114 EUROPE: ORGANIC PIGMENTS MARKET, BY COUNTRY, 2020–2023 (USD MILLION) 131
TABLE 115 EUROPE: ORGANIC PIGMENTS MARKET, BY COUNTRY, 2024–2029 (KILOTON) 131
TABLE 116 EUROPE: ORGANIC PIGMENTS MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 132
9.3.5.1 Germany 132
9.3.5.1.1 High usage of organic pigments in automotive industry to drive demand 132
TABLE 117 GERMANY: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2020–2023 (KILOTON) 133
TABLE 118 GERMANY: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 133
TABLE 119 GERMANY: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2024–2029 (KILOTON) 133
TABLE 120 GERMANY: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 133
9.3.5.2 France 134
9.3.5.2.1 High growth of organic pigments in paints & coatings application to drive market 134
TABLE 121 FRANCE: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2020–2023 (KILOTON) 134
TABLE 122 FRANCE: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 134
TABLE 123 FRANCE: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2024–2029 (KILOTON) 134
TABLE 124 FRANCE: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 135
9.3.5.3 UK 135
9.3.5.3.1 Continued growth of packaging industry & increasing demand for sustainable inks to drive market 135
TABLE 125 UK: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2020–2023 (KILOTON) 135
TABLE 126 UK: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 136
TABLE 127 UK: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2024–2029 (KILOTON) 136
TABLE 128 UK: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 136
9.3.5.4 Italy 136
9.3.5.4.1 Demand from transportation industry to drive market 136
TABLE 129 ITALY: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2020–2023 (KILOTON) 137
TABLE 130 ITALY: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 137
TABLE 131 ITALY: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2024–2029 (KILOTON) 137
TABLE 132 ITALY: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 137
9.3.5.5 Spain 138
9.3.5.5.1 Increasing consumption of plastics to drive demand 138
TABLE 133 SPAIN: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2020–2023 (KILOTON) 138
TABLE 134 SPAIN: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 138
TABLE 135 SPAIN: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2024–2029 (KILOTON) 138
TABLE 136 SPAIN: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 139
9.3.5.6 Rest of Europe 139
TABLE 137 REST OF EUROPE: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2020–2023 (KILOTON) 139
TABLE 138 REST OF EUROPE: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 139
TABLE 139 REST OF EUROPE: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2024–2029 (KILOTON) 140
TABLE 140 REST OF EUROPE: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 140
9.4 ASIA PACIFIC 140
9.4.1 RECESSION IMPACT 141
FIGURE 47 ASIA PACIFIC: ORGANIC PIGMENTS MARKET SNAPSHOT 141
9.4.2 ASIA PACIFIC: ORGANIC PIGMENTS MARKET, BY TYPE 142
TABLE 141 ASIA PACIFIC: ORGANIC PIGMENTS MARKET, BY TYPE, 2020–2023 (KILOTON) 142
TABLE 142 ASIA PACIFIC: ORGANIC PIGMENTS MARKET, BY TYPE, 2020–2023 (USD MILLION) 142
TABLE 143 ASIA PACIFIC: ORGANIC PIGMENTS MARKET, BY TYPE, 2024–2029 (KILOTON) 142
TABLE 144 ASIA PACIFIC: ORGANIC PIGMENTS MARKET, BY TYPE, 2024–2029 (USD MILLION) 142
9.4.3 ASIA PACIFIC: ORGANIC PIGMENTS MARKET, BY SOURCE 143
TABLE 145 ASIA PACIFIC: ORGANIC PIGMENTS MARKET, BY SOURCE, 2020–2023 (KILOTON) 143
TABLE 146 ASIA PACIFIC: ORGANIC PIGMENTS MARKET, BY SOURCE, 2020–2023 (USD MILLION) 143
TABLE 147 ASIA PACIFIC: ORGANIC PIGMENTS MARKET, BY SOURCE, 2024–2029 (KILOTON) 143
TABLE 148 ASIA PACIFIC: ORGANIC PIGMENTS MARKET, BY SOURCE, 2024–2029 (USD MILLION) 143
9.4.4 ASIA PACIFIC: ORGANIC PIGMENTS MARKET, BY APPLICATION 144
TABLE 149 ASIA PACIFIC: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2020–2023 (KILOTON) 144
TABLE 150 ASIA PACIFIC: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 144
TABLE 151 ASIA PACIFIC: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2024–2029 (KILOTON) 144
TABLE 152 ASIA PACIFIC: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 145
9.4.5 ASIA PACIFIC: ORGANIC PIGMENTS MARKET, BY COUNTRY 145
TABLE 153 ASIA PACIFIC: ORGANIC PIGMENTS MARKET, BY COUNTRY, 2020–2023 (KILOTON) 145
TABLE 154 ASIA PACIFIC: ORGANIC PIGMENTS MARKET, BY COUNTRY, 2020–2023 (USD MILLION) 145
TABLE 155 ASIA PACIFIC: ORGANIC PIGMENTS MARKET, BY COUNTRY, 2024–2029 (KILOTON) 146
TABLE 156 ASIA PACIFIC: ORGANIC PIGMENTS MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 146
9.4.5.1 China 146
9.4.5.1.1 Presence of strong printing, packaging, and labeling industries to propel market 146
TABLE 157 CHINA: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2020–2023 (KILOTON) 147
TABLE 158 CHINA: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 147
TABLE 159 CHINA: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2024–2029 (KILOTON) 147
TABLE 160 CHINA: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 148
9.4.5.2 Japan 148
9.4.5.2.1 High growth of organic pigments in paints & coatings application 148
TABLE 161 JAPAN: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2020–2023 (KILOTON) 148
TABLE 162 JAPAN: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 149
TABLE 163 JAPAN: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2024–2029 (KILOTON) 149
TABLE 164 JAPAN: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2024–2029, (USD MILLION) 149
9.4.5.3 India 149
9.4.5.3.1 Rapid urbanization, increasing literacy rates, and growth of FMCG sector to boost demand 149
TABLE 165 INDIA: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2020–2023 (KILOTON) 150
TABLE 166 INDIA: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 150
TABLE 167 INDIA: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2024–2029 (KILOTON) 150
TABLE 168 INDIA: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 151
9.4.5.4 South Korea 151
9.4.5.4.1 Presence of major electronics companies to drive demand for organic pigments 151
TABLE 169 SOUTH KOREA: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2020–2023 (KILOTON) 151
TABLE 170 SOUTH KOREA: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 151
TABLE 171 SOUTH KOREA: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2024–2029 (KILOTON) 152
TABLE 172 SOUTH KOREA: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 152
9.4.5.5 Rest of Asia Pacific 152
TABLE 173 REST OF ASIA PACIFIC: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2020–2023 (KILOTON) 152
TABLE 174 REST OF ASIA PACIFIC: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 153
TABLE 175 REST OF ASIA PACIFIC: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2024–2029 (KILOTON) 153
TABLE 176 REST OF ASIA PACIFIC: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 153
9.5 SOUTH AMERICA 154
9.5.1 RECESSION IMPACT 154
9.5.2 SOUTH AMERICA: ORGANIC PIGMENTS MARKET, BY TYPE 154
TABLE 177 SOUTH AMERICA: ORGANIC PIGMENTS MARKET, BY TYPE, 2020–2023 (KILOTON) 154
TABLE 178 SOUTH AMERICA: ORGANIC PIGMENTS MARKET, BY TYPE, 2020–2023 (USD MILLION) 154
TABLE 179 SOUTH AMERICA: ORGANIC PIGMENTS MARKET, BY TYPE, 2024–2029 (KILOTON) 155
TABLE 180 SOUTH AMERICA: ORGANIC PIGMENTS MARKET, BY TYPE, 2024–2029 (USD MILLION) 155
9.5.3 SOUTH AMERICA: ORGANIC PIGMENTS MARKET, BY SOURCE 155
TABLE 181 SOUTH AMERICA: ORGANIC PIGMENTS MARKET, BY SOURCE, 2020–2023 (KILOTON) 155
TABLE 182 SOUTH AMERICA: ORGANIC PIGMENTS MARKET, BY SOURCE, 2020–2023 (USD MILLION) 155
TABLE 183 SOUTH AMERICA: ORGANIC PIGMENTS MARKET, BY SOURCE, 2024–2029 (KILOTON) 156
TABLE 184 SOUTH AMERICA: ORGANIC PIGMENTS MARKET, BY SOURCE, 2024–2029 (USD MILLION) 156
9.5.4 SOUTH AMERICA: ORGANIC PIGMENTS MARKET, BY APPLICATION 156
TABLE 185 SOUTH AMERICA: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2020–2023 (KILOTON) 156
TABLE 186 SOUTH AMERICA: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 156
TABLE 187 SOUTH AMERICA: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2024–2029 (KILOTON) 157
TABLE 188 SOUTH AMERICA: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 157
9.5.5 SOUTH AMERICA: ORGANIC PIGMENTS MARKET, BY COUNTRY 157
TABLE 189 SOUTH AMERICA: ORGANIC PIGMENTS MARKET, BY COUNTRY, 2020–2023 (KILOTON) 157
TABLE 190 SOUTH AMERICA: ORGANIC PIGMENTS MARKET, BY COUNTRY, 2020–2023 (USD MILLION) 158
TABLE 191 SOUTH AMERICA: ORGANIC PIGMENTS MARKET, BY COUNTRY, 2024–2029 (KILOTON) 158
TABLE 192 SOUTH AMERICA: ORGANIC PIGMENTS MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 158
9.5.5.1 Brazil 159
9.5.5.1.1 Increase in demand for highly efficient and durable colors in various industries to drive market 159
TABLE 193 BRAZIL: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2020–2023 (KILOTON) 159
TABLE 194 BRAZIL: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 159
TABLE 195 BRAZIL: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2024–2029 (KILOTON) 159
TABLE 196 BRAZIL: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 160
9.5.5.2 Argentina 160
9.5.5.2.1 Increased public spending on food and pharmaceutical commodities to support market 160
TABLE 197 ARGENTINA: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2020–2023 (KILOTON) 160
TABLE 198 ARGENTINA: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 160
TABLE 199 ARGENTINA: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2024–2029 (KILOTON) 161
TABLE 200 ARGENTINA: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 161
9.5.5.3 Rest of South America 161
TABLE 201 REST OF SOUTH AMERICA: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2020–2023 (KILOTON) 161
TABLE 202 REST OF SOUTH AMERICA: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 162
TABLE 203 REST OF SOUTH AMERICA: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2024–2029 (KILOTON) 162
TABLE 204 REST OF SOUTH AMERICA: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 162
9.6 MIDDLE EAST & AFRICA 163
9.6.1 RECESSION IMPACT 163
9.6.2 MIDDLE EAST & AFRICA: ORGANIC PIGMENTS MARKET, BY TYPE 163
TABLE 205 MIDDLE EAST & AFRICA: ORGANIC PIGMENTS MARKET, BY TYPE, 2020–2023 (KILOTON) 163
TABLE 206 MIDDLE EAST & AFRICA: ORGANIC PIGMENTS MARKET, BY TYPE, 2020–2023 (USD MILLION) 164
TABLE 207 MIDDLE EAST & AFRICA: ORGANIC PIGMENTS MARKET, BY TYPE, 2024–2029 (KILOTON) 164
TABLE 208 MIDDLE EAST & AFRICA: ORGANIC PIGMENTS MARKET, BY TYPE, 2024–2029 (USD MILLION) 164
9.6.3 MIDDLE EAST & AFRICA: ORGANIC PIGMENTS MARKET, BY SOURCE 165
TABLE 209 MIDDLE EAST & AFRICA: ORGANIC PIGMENTS MARKET, BY SOURCE, 2020–2023 (KILOTON) 165
TABLE 210 MIDDLE EAST & AFRICA: ORGANIC PIGMENTS MARKET, BY SOURCE, 2020–2023 (USD MILLION) 165
TABLE 211 MIDDLE EAST & AFRICA: ORGANIC PIGMENTS MARKET, BY SOURCE, 2024–2029 (KILOTON) 165
TABLE 212 MIDDLE EAST & AFRICA: ORGANIC PIGMENTS MARKET, BY SOURCE, 2024–2029 (USD MILLION) 165
9.6.4 MIDDLE EAST & AFRICA: ORGANIC PIGMENTS MARKET, BY APPLICATION 166
TABLE 213 MIDDLE EAST & AFRICA: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2020–2023 (KILOTON) 166
TABLE 214 MIDDLE EAST & AFRICA: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 166
TABLE 215 MIDDLE EAST & AFRICA: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2024–2029 (KILOTON) 166
TABLE 216 MIDDLE EAST & AFRICA: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 167
9.6.5 MIDDLE EAST & AFRICA: ORGANIC PIGMENTS MARKET, BY COUNTRY 167
TABLE 217 MIDDLE EAST & AFRICA: ORGANIC PIGMENTS MARKET, BY COUNTRY, 2020–2023 (KILOTON) 167
TABLE 218 MIDDLE EAST & AFRICA: ORGANIC PIGMENTS MARKET, BY COUNTRY, 2020–2023 (USD MILLION) 167
TABLE 219 MIDDLE EAST & AFRICA: ORGANIC PIGMENTS MARKET, BY COUNTRY, 2024–2029 (KILOTON) 168
TABLE 220 MIDDLE EAST & AFRICA: ORGANIC PIGMENTS MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 168
9.6.5.1 Saudi Arabia 168
9.6.5.1.1 Growing automotive industry to drive market 168
TABLE 221 SAUDI ARABIA: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2020–2023 (KILOTON) 169
TABLE 222 SAUDI ARABIA: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 169
TABLE 223 SAUDI ARABIA: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2024–2029 (KILOTON) 169
TABLE 224 SAUDI ARABIA: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 169
9.6.5.2 UAE 170
9.6.5.2.1 Growing demand from printing ink applications to drive market 170
TABLE 225 UAE: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2020–2023 (KILOTON) 170
TABLE 226 UAE: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 170
TABLE 227 UAE: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2024–2029 (KILOTON) 170
TABLE 228 UAE: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 171
9.6.5.3 Rest of Middle East & Africa 171
TABLE 229 REST OF MIDDLE EAST & AFRICA: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2020–2023 (KILOTON) 171
TABLE 230 REST OF MIDDLE EAST & AFRICA: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 171
TABLE 231 REST OF MIDDLE EAST & AFRICA: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2024–2029 (KILOTON) 172
TABLE 232 REST OF MIDDLE EAST & AFRICA: ORGANIC PIGMENTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 172
10 COMPETITIVE LANDSCAPE 173
10.1 INTRODUCTION 173
10.2 KEY PLAYERS’ STRATEGIES/RIGHT TO WIN 173
10.2.1 STRATEGIES ADOPTED BY ORGANIC PIGMENT MANUFACTURERS 173
10.3 REVENUE ANALYSIS 174
FIGURE 48 REVENUE ANALYSIS OF MARKET PLAYERS 174
10.4 MARKET SHARE ANALYSIS 175
FIGURE 49 SHARES OF TOP COMPANIES IN ORGANIC PIGMENTS MARKET 175
TABLE 233 DEGREE OF COMPETITION: ORGANIC PIGMENTS MARKET 175
10.5 BRAND/PRODUCT COMPARATIVE ANALYSIS 176
FIGURE 50 ORGANIC PIGMENTS MARKET: TRENDING BRANDS/PRODUCTS 176
10.6 COMPANY EVALUATION MATRIX 177
10.6.1 STARS 177
10.6.2 EMERGING LEADERS 177
10.6.3 PERVASIVE PLAYERS 177
10.6.4 PARTICIPANTS 177
FIGURE 51 ORGANIC PIGMENTS MARKET: COMPANY EVALUATION MATRIX, 2023 178
10.6.5 COMPANY FOOTPRINT 179
FIGURE 52 COMPANY PRODUCT FOOTPRINT 179
TABLE 234 COMPANY TYPE FOOTPRINT 179
TABLE 235 COMPANY APPLICATION FOOTPRINT 180
10.6.5.1 Company region footprint 180
TABLE 236 COMPANY REGION FOOTPRINT 180
10.7 START-UPS/SMES EVALUATION MATRIX 181
10.7.1 PROGRESSIVE COMPANIES 181
10.7.2 RESPONSIVE COMPANIES 181
10.7.3 DYNAMIC COMPANIES 181
10.7.4 STARTING BLOCKS 181
FIGURE 53 ORGANIC PIGMENTS MARKET: START-UPS/SMES EVALUATION MATRIX, 2023 182
10.7.5 COMPETITIVE BENCHMARKING 183
TABLE 237 ORGANIC PIGMENTS MARKET: KEY START-UPS/SMES 183
TABLE 238 ORGANIC PIGMENTS MARKET: COMPETITIVE BENCHMARKING OF KEY START-UPS/SMES 183
10.8 VALUATION AND FINANCIAL METRICS OF ORGANIC PIGMENT MANUFACTURERS 184
FIGURE 54 EV/EBITDA OF KEY MANUFACTURERS 184
FIGURE 55 YEAR-TO-DATE (YTD) PRICE TOTAL RETURN AND 5-YEAR STOCK BETA OF KEY MANUFACTURERS 184
10.9 COMPETITIVE SCENARIO AND TRENDS 185
10.9.1 PRODUCT LAUNCHES 185
TABLE 239 ORGANIC PIGMENTS MARKET: PRODUCT LAUNCHES, JANUARY 2020–FEBRUARY 2024 185
10.9.2 DEALS 185
TABLE 240 ORGANIC PIGMENTS MARKET: DEALS, JANUARY 2020–FEBRUARY 2024 185
10.9.3 EXPANSIONS 186
TABLE 241 ORGANIC PIGMENTS MARKET: EXPANSIONS, JANUARY 2020–FEBRUARY 2024 186
11 COMPANY PROFILES 187
(Business overview, Products/Solutions/Services offered, Recent Developments, MnM view, Right to win, Strategic choices, Weaknesses and competitive threats) *
11.1 KEY COMPANIES 187
11.1.1 DIC CORPORATION 187
TABLE 242 DIC CORPORATION: COMPANY OVERVIEW 187
FIGURE 56 DIC CORPORATION: COMPANY SNAPSHOT 188
TABLE 243 DIC CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 188
TABLE 244 DIC CORPORATION: DEALS, JANUARY 2020- FEBRUARY 2024 189
11.1.2 HEUBACH GMBH 191
TABLE 245 HEUBACH GMBH: COMPANY OVERVIEW 191
TABLE 246 HEUBACH GMBH: PRODUCTS/SOLUTIONS/SERVICES OFFERED 191
TABLE 247 HEUBACH GMBH: DEALS, JANUARY 2020- FEBRUARY 2024 192
11.1.3 DAINICHISEIKA COLOR & CHEMICALS MFG. CO., LTD. 193
TABLE 248 DAINICHISEIKA COLOR & CHEMICALS MFG. CO., LTD.: COMPANY OVERVIEW 193
FIGURE 57 DAINCHISEIKA COLOR & CHEMICALS MFG. CO., LTD.: COMPANY SNAPSHOT 194
TABLE 249 DAINICHISEIKA COLOR & CHEMICALS MFG. CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 194
11.1.4 LILY GROUP CO., LTD. 196
TABLE 250 LILY GROUP CO., LTD: COMPANY OVERVIEW 196
TABLE 251 LILY GROUP CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 196
TABLE 252 LILY GROUP CO., LTD.: EXPANSIONS, JANUARY 2020–FEBRUARY 2024 197
11.1.5 SUNLOUR PIGMENT CO., LTD. 198
TABLE 253 SUNLOUR PIGMENT CO., LTD.: COMPANY OVERVIEW 198
TABLE 254 SUNLOUR PIGMENT CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 198
11.1.6 MEGHMANI ORGANICS LTD. 200
TABLE 255 MEGHMANI ORGANICS LTD.: COMPANY OVERVIEW 200
FIGURE 58 MEGHMANI ORGANICS LTD.: COMPANY SNAPSHOT 201
TABLE 256 MEGHMANI ORGANIC S LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 201
11.1.7 ASAHI SONGWON COLORS LTD. 203
TABLE 257 ASAHI SONGWON COLORS LTD.: COMPANY OVERVIEW 203
FIGURE 59 ASAHI SONGWON COLORS LTD.: COMPANY SNAPSHOT 203
TABLE 258 ASAHI SONGWONG COLORS LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 204
11.1.8 SUDARSHAN CHEMICAL INDUSTRIES LIMITED 205
TABLE 259 SUDARSHAN CHEMICAL INDUSTRIES LIMITED: COMPANY OVERVIEW 205
FIGURE 60 SUDARSHAN CHEMICAL INDUSTRIES LTD.: COMPANY SNAPSHOT 206
TABLE 260 SUDARSHAN CHEMICAL INDUSTRIES LIMITED: PRODUCTS/SOLUTIONS/ SERVICES OFFERED 206
TABLE 261 SUDARSHAN CHEMICAL INDUSTRIES LIMITED: PRODUCT LAUNCHES, JANUARY 2020–MARCH 2024 207
11.1.9 ATUL LTD. 208
TABLE 262 ATUL LTD.: COMPANY OVERVIEW 208
FIGURE 61 ATUL LTD.: COMPANY SNAPSHOT 209
TABLE 263 ATUL LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 209
11.1.10 PIDILITE INDUSTRIES LTD. 211
TABLE 264 PIDILITE INDUSTRIES LTD.: COMPANY OVERVIEW 211
FIGURE 62 PIDILITE INDUSTRIES LTD.: COMPANY SNAPSHOT 212
TABLE 265 PIDILITE INDUSTRIES LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 212
11.1.11 ANSHAN HIFICHEM CO., LTD. 214
TABLE 266 ANSHAN HIFICHEM CO., LTD.: COMPANY OVERVIEW 214
TABLE 267 ANSHAN HIFICHEM CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 214
11.1.12 LONGKOU UNION CHEMICAL CO., LTD. 215
TABLE 268 LONGKOU UNION CHEMICAL CO., LTD.: COMPANY OVERVIEW 215
TABLE 269 LONGKOU UNION CHEMICAL CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 215
*Details on Business overview, Products/Solutions/Services offered, Recent Developments, MnM view, Right to win, Strategic choices, Weaknesses and competitive threats might not be captured in case of unlisted companies.
11.2 OTHER COMPANIES 217
11.2.1 VIBRANTZ (FERRO CORPORATION) 217
TABLE 270 VIBRANTZ (FERRO CORPORATION): COMPANY OVERVIEW 217
11.2.2 TRUST CHEM CO., LTD. 217
TABLE 271 TRUST CHEM CO., LTD.: COMPANY OVERVIEW 217
11.2.3 TOYOCOLOR CO., LTD. 218
TABLE 272 TOYOCOLOR CO., LTD.: COMPANY OVERVIEW 218
11.2.4 CHANGZHOU NORTH AMERICAN CHEMICAL GROUP 218
TABLE 273 CHANGZHOU NORTH AMERICAN CHEMICAL GROUP: COMPANY OVERVIEW 218
11.2.5 VOXCO PIGMENTS 219
TABLE 274 VOXCO PIGMENTS: COMPANY OVERVIEW 219
11.2.6 SYNTHESIA 219
TABLE 275 SYNTHESIA: COMPANY OVERVIEW 219
11.2.7 GHARDA CHEMICALS LTD. 220
TABLE 276 GHARDA CHEMICALS LTD.: COMPANY OVERVIEW 220
11.2.8 CATHAY INDUSTRIES 220
TABLE 277 CATHAY INDUSTRIES: COMPANY OVERVIEW 220
11.2.9 APOLLO COLORS LTD. 221
TABLE 278 APOLLO COLORS INC.: COMPANY OVERVIEW 221
11.2.10 LANXESS 221
TABLE 279 LANXESS: COMPANY OVERVIEW 221
11.2.11 INDIAN CHEMICAL INDUSTRIES 222
TABLE 280 INDIAN CHEMICAL INDUSTRIES: COMPANY OVERVIEW 222
11.2.12 HANGZHOU EMPEROR CHEMICAL CO., LTD. 222
TABLE 281 HANGZHOU EMPEROR CHEMICAL CO., LTD.: COMPANY OVERVIEW 222
11.2.13 KOEL COLORS PRIVATE LIMITED 223
TABLE 282 KOEL COLORS PRIVATE LIMITED: COMPANY OVERVIEW 223
11.2.14 OGILVY CHEMICAL 223
TABLE 283 OGILVY CHEMICAL: COMPANY OVERVIEW 223
12 APPENDIX 224
12.1 DISCUSSION GUIDE 224
12.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 227
12.3 CUSTOMIZATION OPTIONS 229
12.4 RELATED REPORTS 229
12.5 AUTHOR DETAILS 230