How big is the pigment market | Manufacturers & Suppliers 2025

Code: MTA7928 Publication Date: Aug 2025

How big is the pigment market?

According to 6Wresearch internal database and industry insights, the Pigment Market was valued at USD 27.8 Billion in 2024 and is projected to reach USD 37.5 Billion by 2031, growing at a compound annual growth rate (CAGR) of 4.4% during the forecast period of 2025 to 2031.

The growth of the pigment market is driven by rising demand from the paints and coatings industry, expanding applications in plastics and printing inks, and the increasing use of eco-friendly and high-performance pigments.

Key Growth Drivers of the Pigment Market

  • Growing demand by the paints and coatings industry on account of increasing construction and automobile factors
  • Increasing application of pigments in plastics, packaging and printing inks
  • Increase in use of high-performance and specialty pigments in industry
  • Regulatory pressure that drives towards eco-friendly, sustainable pigment solutions
  • Increase in urbanization and infrastructure development world over

Pigment Market Trends

The pigment market is witnessing trends such as the growing adoption of organic and natural pigments as sustainable alternatives to synthetic counterparts, driven by consumer awareness and regulatory pressures. Nano pigments and pigments that perform well over various products with more durability, weather resistance and functionality are also gaining popularity especially in the automotive industry or aerospace industry.

Emerging Developments in the Pigment Market

The pigment market is experiencing developments like advancements in functional pigments with antibacterial, UV-resistant, and infrared-reflective properties. Investments are being made by companies in green chemistry to synthesize pigments to minimize on environment. The tendency to achieve strategic partnerships between pigment supply companies and users of the pigments in the field is leading to the emergence of tailor-fit pigments solutions to address the needs of the electronics, packaging and smart coating industries.

List of Leading Companies in the Pigment Market

Below is a comprehensive list of the leading market players driving growth in this sector:

1. BASF SE

Company NameBASF SE
Establishment Year1865
HeadquarterLudwigshafen, Germany
Official WebsiteClick Here

A leading pigment manufacturer, offering high-performance, organic, and effect pigments used in coatings, plastics, printing, and cosmetics with sustainable and innovative solutions worldwide.

2. Clariant AG

Company NameClariant AG
Establishment Year1995
HeadquarterMuttenz, Switzerland
Official WebsiteClick Here

Provides a broad portfolio of pigments for coatings, plastics, and printing inks, emphasizing eco-friendly, high-performance, and specialty pigments for industrial and consumer applications.

3. DIC Corporation

Company NameDIC Corporation
Establishment Year1908
HeadquarterTokyo, Japan
Official WebsiteClick Here

Manufactures pigments for printing inks, coatings, and plastics, with advanced technology and strong global presence, supporting diverse industries with reliable colour solutions worldwide.

4. Ferro Corporation

Company NameFerro Corporation
Establishment Year1919
HeadquarterMayfield Heights, Ohio, United States
Official WebsiteClick Here

Produces inorganic and organic pigments, specializing in colour solutions for ceramics, coatings, plastics, and construction, delivering durability and innovation for industrial and decorative applications.

5. Kronos Worldwide, Inc.

Company NameKronos Worldwide, Inc.
Establishment Year1916
HeadquarterDallas, Texas, United States
Official WebsiteClick Here

Major producer of titanium dioxide pigments used in paints, coatings, plastics, and paper, offering high-performance solutions that ensure brightness, opacity, and durability globally.

6. LANXESS AG

Company NameLANXESS AG
Establishment Year2004
HeadquarterCologne, Germany
Official WebsiteClick Here

Provides specialty pigments for construction materials, coatings, plastics, and inks, recognized globally for their high quality, weather resistance, and sustainable production processes across industries.

7. Sudarshan Chemical Industries Ltd.

Company NameSudarshan Chemical Industries Ltd.
Establishment Year1951
HeadquarterPune, India
Official WebsiteClick Here

Manufactures a wide range of organic and inorganic pigments, serving paints, plastics, textiles, and inks, with growing global presence and innovation in sustainable solutions.

8. Venator Materials PLC

Company NameVenator Materials PLC
Establishment Year2017
HeadquarterWynyard, United Kingdom
Official WebsiteClick Here

Specializes in titanium dioxide and performance pigments for coatings, plastics, and construction, offering innovative colour solutions with strong emphasis on sustainability and global market reach.

9. Tronox Holdings plc

Company NameTronox Holdings plc
Establishment Year1964
HeadquarterStamford, Connecticut, United States
Official WebsiteClick Here

Leading producer of titanium dioxide pigments, delivering advanced colour solutions for coatings, plastics, and paper, with strong commitment to efficiency and sustainability globally.

10. Heubach GmbH

Company NameHeubach GmbH
Establishment Year1806
HeadquarterLangelsheim, Germany
Official WebsiteClick Here

Offers a comprehensive range of organic, inorganic, and anticorrosive pigments, serving coatings, plastics, and specialty markets, with focus on innovative, sustainable, and high-performance solutions.

How big is the pigment market: FAQs

It was valued at USD 27.8 Billion in 2024 and is projected to reach USD 37.5 Billion by 2031.
The pigment market is expected to grow at a CAGR of 4.4% from 2025 to 2031.
High demand from paints, coatings, plastics, and printing inks, along with sustainable pigment innovations.
Organic pigments, nanotechnology, functional pigments, and circular economy practices.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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