Global Plastic Pigments
Market Report
2025
Plastic Pigments market was valued at USD 11.2 billion in 2022 and it will reach USD 20.12 billion by 2030, registering a CAGR of 7.6% for the forecast period 2023-2030.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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The Plastic Pigments market was valued at USD 11.2 billion in 2022 and it will reach USD 20.12 billion by 2030, registering a CAGR of 7.6% for the forecast period 2023-2030.
2024 | 2025 | 2032 | 2033 | CAGR | |
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Global Plastic Pigments Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | 7.6% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Type |
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Market Split by Application |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Plastic Pigments Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Plastic pigments are organic or inorganic particles added to the polymer base to give a specific color or functional benefits to the plastic. Organic and Inorganic pigments are the two types of plastic pigments. Organic pigments are hard to disperse and forms clumps in the final product whereas inorganic pigments like metal oxides, sulphides, carbon black, etc, get more easily dispersed in the resin. The inorganic pigment titanium dioxide is the most widely used pigment in the plastic industry. The increasing use of plastic in various end-use industries, such as automotive, food and beverage, healthcare, construction, consumer goods, and others, boots the Plastic Pigment Market. The harmful impact of Plastic Pigments on the environment will hinder the growth of the Plastic Pigments Market.
According to the CEIC data, India Motor Vehicles Sales grew by 2.8% in March 2022. The rising income of the middle class and the increased population of youth is rapidly increasing the use of vehicles. The total plastics used in the vehicle is about 14%. The use of plastics is increasing in the manufacturing of vehicle as plastics are lightweight which gives high fuel efficiency and reduce weight and carbon emissions. Increasing the use of vehicles led to the use of more plastic pigments as they have thermal stability, dust, and weather resistance. The growing use of plastic in the automobile industry will drive the Plastic Pigments Market.
A driving force for the plastic pigment industry is increasing demand from the construction sector, led by paints and coatings applications. Paints and coatings are required in the construction industry for architectural, protective, and decorative finishes. As the construction and infrastructure development activities of the world continue to grow driven by fast-paced urbanization, growing populations, and huge government spending on housing, commercial buildings, and public infrastructure the need for high-performance coatings continues to escalate. This, in turn, stimulates the demand for pigments, which are essential for coloration, visual appeal, and protection from nature. For instance, with 68% of the world population projected to live in urban areas by 2050, India is expected to see an additional 416 million urban dwellers.
(Source - https://wri-india.org/blog/measuring-urbanization-why-india-needs-re-think-its-methodology )
In addition, the rise in renovation and repair activities in residential, commercial, and industrial spaces also supports the market quite extensively. Painting and renovation of existing buildings or structures require huge quantities of coatings, hence driving the consumption of pigments. These applications are crucial not just for aesthetic improvements but also for durability and maintenance of structure, supporting steady demand. With continuing growth in both new building and reconstruction activities around the world, demand for plastic pigments for use in paints and coatings is likely to stay robust, supporting overall market growth.
Plastic pigments are harmful to the environment from manufacturing to use. During the application of inorganic plastic pigments, they release the volatile organic compound (VOC) which pollutes the air as well as is harmful to the ozone in the lower atmosphere. The emitted VOC in the atmosphere affects human health by damaging the lungs, liver, and kidneys, and can cause throat infections. The manufacturing of plastic pigments generates waste that contains toxic chemicals and heavy metals. When it goes into the waterways it disturbs the aquatic life cycle. Hence, such harmful impacts of plastic pigments can hinder the growth of the market.
Covid 19 negatively impacted the Plastic Pigments market. During the covid 19 demand for plastic pigment decreased due slow growth of the end-user industry. Production costs were increased due to a shortage of labour and raw material. Operations of end-user industries such as automobile, plastic, and paint were stopped for a few days because of the severity of the disease. The supply chain is disturbed due to government regulations on transportation.
Post-pandemic all the activities resumed and witnessed a positive impact. The government released border restriction laws and regulations, which lessened the disturbance to business operations and the supply chain. Also, the automotive industry is gradually returning to normalcy causing a hike up in demand.
Opportunity
The changing trend towards organic pigments is actually one of the major drivers of market demand in the pigment sector. Organic pigments are either from natural origins or synthesized using organic chemical processes, which means they tend to be less environmentally and health-hazardous than some inorganic pigments. This change in preference is inspired by growing sensitivity to the environmental effects and health dangers linked with some inorganic pigments which contain heavy metals or other toxic materials. Organic pigments provide a safer and more sustainable option, supporting the increasing emphasis on green and health-oriented procedures.
Governments and regulatory authorities around the world are enforcing tougher regulations and standards for the application of certain pigments, particularly those with heavy metals. These regulations are designed to reduce environmental pollution, decrease the risk of toxicity, and make products safer. Consequently, demand for organic pigments that meet these regulations is increasing, which is boosting the market for organic pigments. For instance, the U.S. Environmental Protection Agency (EPA) has classified certain dyes and pigments, particularly those containing hazardous substances like aniline, as hazardous waste (K181).
(Source - https://archive.epa.gov/epawaste/hazard/web/html/dyes-ffs.html )
The increased availability and technological advancements in organic pigment technology have also supported their increased market demand. The manufacturers have invested in R&D to increase the number of available organic pigments, providing greater color variety, improved performance, and stability. These process developments in organic pigment manufacturing have also led to higher quality, consistency, and cost savings, thus becoming more attractive to end-users.
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The Chemours Company, a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials, unveiled Ti-Pure™ TS-1510, a highly efficient rutile titanium dioxide (TiO2) pigment designed to increase processing performance in plastics applications, including polyolefin masterbatch.
In June 2023, BASF declared the launch of its latest portfolio of high-performance plastic pigments for applications in the automobile sector. According to reports, the pigments possess superior weatherability, thermal resistance, and chemical resistance.
(Source - https://www.basf.com/us/en/media/smart-scientists/pigment-color-innovation )
In August 2023, Lanxess reported to unveil its new line of sustainable plastic pigments. The pigments, as claimed, will be produced using renewable raw materials and are tailored to fulfill increasing demand for sustainable plastics.
(Source - https://lanxess.com/en/media/press-releases/2025/02/lanxess-expands-scopeblue-portfolio-new-micronized-yellow-pigments-with-a-reduced-carbon-footprint )
Top Companies Market Share in Plastic Pigments Industry: (In no particular order of Rank)
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The rapid urbanization and industrialization in the developing nations of the Asia-Pacific region will drive the Plastic Pigments market during the forecast period. Rising disposable income and purchasing power of the middle class boost the demand for more end-use industries like automobile, packaging, cosmetics, healthcare, and construction industry. According to the Yale Environment Review in 2019, China is the largest producer of plastics with 25% of overall world plastic production. Also, the Asia-Pacific region consists of the largest food packaging companies. Hence Asia-Pacific region is the largest producer as well as consumer of plastics which is likely to have a positive impact on the market. The booming automobile industry in developing countries like India, China, Singapore, and Indonesia will boost the Plastic Pigments market. The increasing population of countries such as India, China, and Japan lead to demand for construction activity therefore, there is high demand for Plastic Pigments from the construction industry. All such components make the Plastic Pigments market dominate the Asia-Pacific region during the forecast period.
The current report Scope analyzes Plastic Pigments Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Plastic Pigments Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Plastic Pigments Industry growth. Plastic Pigments market has been segmented with the help of its Type, Application , and others. Plastic Pigments market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
The Organic Plastic Pigments segment is expected to hold the largest market share from the years 2023-2030.
The global Plastic Pigments market by type is segmented into Organic Plastic Pigments and Inorganic Plastic Pigments. Organic Plastic Pigments are available in a wide range of colours and are highly compatible with different resins. They exhibit better lightfastness, which refers to their ability to resist fading of colour. The basic composition of organic pigment is carbon and metallic compounds. Organic pigments are widely used by end-use industries as they are environment-friendly. As organic pigments help in minimizing pollution, the segment is expected to hold the largest market share during the forecast period.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Plastic Pigments Industry. Request a Free Sample PDF!
The Automotive industry is estimated to gain the largest Plastic Pigments market share during the forecast period.
The end-use industry divides the market into Automotive, Building & Construction, Consumer Goods, and Packaging. Plastic pigments provide lightfastness, durability, and weather resistance to vehicles. The pigments help to colour the interior as well as exterior parts of the vehicles. They are used in the bumpers, dashboards, door panels, seats, and trims which offer exceptional colour consistency, opacity, and superior gloss. According to the India Brand Equity Foundation, the total production of passenger vehicles, three-wheelers, two-wheelers, and quadricycles was 1,557,238 units in 2022. This shows the growth of the automobile industry which will result in the use of more plastics pigments. Hence, increasing the use of plastic pigments in vehicles will boost the automotive industry market share during the forecast period.
The above Graph is for representation purposes only. This chart does not depict actual Market share.
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Manoj Phagare is a dynamic and results-driven research analyst with a passion for transforming raw data into actionable insights. Armed with a solid foundation in market research and data analysis and working in various domains including chemical & materials and paints & coatings. He thrive on the challenge of uncovering patterns, trends, and opportunities that drive strategic decision-making.His analytical mindset, coupled with effective communication skills, allows him to bridge the gap between data analysis and practical business applications.
In his current role, Manoj is a key player in market research and competitive analysis. He have a proven track record of synthesizing disparate data sources, employing statistical models, and delivering comprehensive insights. He have played a pivotal role in shaping evidence-based strategies that fueled the success of key business initiatives and Collaborating with cross-functional teams.Manoj remains an invaluable asset in the dynamic landscape of market research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Plastic Pigments Market is witnessing significant growth in the near future.
In 2023, the Organic Plastic Pigments segment accounted for noticeable share of global Plastic Pigments Market and is projected to experience significant growth in the near future.
The Automotive segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Sudarshan Chemicals Industries Limited , BASF SE and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Type | Organic Plastic Pigments, Inorganic Plastic Pigments |
Application | Automotive, Building & Construction, Consumer Goods, Packaging |
List of Competitors | Sudarshan Chemicals Industries Limited, Clariant AG, BASF SE, Atul Limited, DIC Corporation, Tronox Limited, Mazda Colours Ltd., Lanxess. |
This chapter will help you gain GLOBAL Market Analysis of Plastic Pigments. Further deep in this chapter, you will be able to review Global Plastic Pigments Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Plastic Pigments. Further deep in this chapter, you will be able to review North America Plastic Pigments Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Plastic Pigments. Further deep in this chapter, you will be able to review Europe Plastic Pigments Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Plastic Pigments. Further deep in this chapter, you will be able to review Asia Pacific Plastic Pigments Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Plastic Pigments. Further deep in this chapter, you will be able to review South America Plastic Pigments Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Plastic Pigments. Further deep in this chapter, you will be able to review Middle East Plastic Pigments Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Plastic Pigments. Further deep in this chapter, you will be able to review Middle East Plastic Pigments Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Plastic Pigments. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Plastic Pigments market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 13 Research Methodology and Sources
Why Organic Plastic Pigments have a significant impact on Plastic Pigments market? |
What are the key factors affecting the Organic Plastic Pigments and Inorganic Plastic Pigments of Plastic Pigments Market? |
What is the CAGR/Growth Rate of Automotive during the forecast period? |
By type, which segment accounted for largest share of the global Plastic Pigments Market? |
Which region is expected to dominate the global Plastic Pigments Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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