Global Organic Pigments Market has been driven by Growing Demand of Bio-Based Paints and Coatings to Boost Organic Pigments in Pharmaceuticals Industry in the forecast period of 2019 to 2026

Organic Pigments Market is projected to register a substantial CAGR of 5.5% in the forecast period of 2019 to 2026. The new market report contains data for the historic year 2017, the base year of calculation is 2018 and the forecast period is 2019 to 2026.        

Organic Pigments Market

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Drivers: Organic Pigments Market

  • Increasing number of colour shades
  • Increasing demand of organic pigment in pharmaceuticals industry

Restraints:

  • Fluctuating prices of raw materials
  • High cost of organic pigments colours is restricting its usage

Opportunity:

  • Low-cost manufacturing of natural colorants

Challenge:

  • Wastewater from organic pigments

Market Trends:

Global Organic Pigments Market is segmented into three notable segments which are based on type, application and colour.

  • On the basis of type, the market is segmented into azo pigments, phthalocyanine pigments, carbazole violet, high performance pigments and others. In 2019, azo pigments segment is expected to dominate the market with the largest market share because it account for most of the organic red, orange and yellow pigments and also is highly insoluble in water as compared to other pigments.
  • On the basis of application, the market is segmented into printing inks, paints & coatings, plastics, ceramics, glass, minerals, leather & textile, cosmetics, electronics and others
  • On the basis of color, the market is segmented into yellow, red, blue, green, violet and others

Key Market Players: Organic Pigments Market

Some of the major players operating in global organic pigments market are FERRO CORPORATION, Dainichiseika Color & Chemicals Mfg. Co., Ltd., Sudarshan Chemical Industries Limited, LANXESS, Atul Ltd, Synthesia, a.s., Heubach GmbH, Trust Chem Co., Ltd., CATHAY INDUSTRIES, Merck KGaA, BASF SE, DIC CORPORATION, Clariant, Carl Schlenk AG, Apollo Colors Inc, The Chemours Company, Jet-Mate Canada Inc., TOYOCOLOR CO., LTD, Organic Dyes and Pigment, Dominion Colour Corporation, First Source Worldwide and many others.

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