Pigments Market Size | Industry Trends & Forecast 2025

Code: MTA10316 Publication Date: Oct 2025

What is the size of Pigments Market?

According to 6Wresearch internal database and industry insights, the Global Pigments Market was valued at USD 21.5 Billion in 2024 and is expected to reach USD 29.6 Billion by 2031, growing at a compound annual growth rate of 4.60% during the forecast period (2025-2031).

The main drivers of this growth are the integration of advanced inorganic and speciality pigments across paints & coatings, the rising industrial and construction demand for durable high-performance colouration solutions, and increasing regulatory pressure driving reformulation toward eco-friendly pigment systems.

Growth Factors for Pigments Industry

  • Growing interest in high-performance and speciality pigments for automotive and electronics applications.
  • Demand for pigments is being driven by rising infrastructure and building activities in emerging economies.
  • Popularity among coating and plastics manufacturers due to the role of pigments in enhancing UV resistance, colour stability and functional aesthetics.
  • Expansion of e-commerce and online retail channels for paints, coatings and pigment-based products.
  • Innovation in ready-to-use pigment formulations and effect pigments delivering metallic, pearlescent and UV-curable options.

Pigments Market Trends

Trends in the Pigments markets involve the continued uptake of inorganic and speciality pigment chemistries into paints & coatings, plastics and printing inks and also in end-uses as performance requirements evolve. There is an increasing desire for sustainable pigments that can fulfil low-VOC and heavy-metal-free requirements. Increasingly, digital and 3D-printing applications are generating demand for innovative pigment formulations. Companies are exploring digital marketing and influencer partnerships to reach industrial and decorative-based end-users who are seeking colourants of higher quality.

Emerging Developments in the Pigments Market

Developments in the pigments market include the expansion of high-performance pigment blends that can combine speciality inorganic, organic and effect pigments for durability in more demanding end-use formulations. Producers are expanding the availability of single-serve pigment pack formats and “ready-to-dispense” pigment systems designed for coaters and plastic compounders. The distribution of pigments via e-commerce and subscription-based supply is becoming more relevant due to the reduction in geographical barriers to global reach, which is allowing pigment suppliers to more effectively serve manufacturers in emerging markets.

List of Leading Companies in the Pigments Market

Some of the leading companies include:

  • BASF SE
  • DIC Corporation
  • Lanxess AG
  • Kronos Worldwide, Inc.
  • The Chemours Company
  • Heubach GmbH
  • Sudarshan Chemical Industries Limited

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