Market Research Report

Global Organic Dyes and Pigments Market Research Report: Forecast (2023-2028)

By Product Type (Organic Dyes, Organic Pigments), By Application (Textiles, Leather, Paper, Paints, Coatings & Inks, Food & Beverages, Pharmaceuticals, Cosmetics, Others (Construct...ion, Agriculture, etc.)), By Region (North America, South America, Europe, The Middle East & Africa, Asia-Pacific), By Company (BASF SE, Altana Ag, Cathay Pigments Inc., DIC Corp., Huntsman International LLC, Sun Chemical Corp, Clariant AG, Sudarshan Chemicals, Cabot Corporation, Rockwood Holdings (Albemarle Corporation), Atul Limited, Kiri Industries Ltd., Kronos Worldwide, Inc, Lanxess AG, Tronox Limited, Others (Heubach Corporation, Ferro Corporation, etc.)) Read more

  • Chemicals
  • Feb 2023
  • 193
  • CM10284

Market Definition

Organic dyes and pigments are made from natural materials, such as flowers, fruits, etc. Organic pigments do not attach to the surface of the colored element through the adhesive or film-forming material to achieve the purpose of coloring the object, as they do not have an affinity to the colored substance. Dye and pigments are the primary forms of colorant where dyes are soluble, and pigments are insoluble and are suspended in a medium or binder.

Market Insights & Analysis: Global Organic Dyes and Pigments Market (2023-28)

The Global Organic Dyes and Pigments Market is projected to grow at a CAGR of around 6.01% during the forecast period, i.e., 2023-28. The growth is attributed to the massive requirement for colors from the textile industry in different segments such as uniforms, upholstery, sheets, carpets, fashion, and more. High textile demands are majorly fueling the expansion of the market. Likewise, rising application in the paints and coating industry coupled with rapid urbanization and spreading establishment of new infrastructure with the maintenance of old buildings has, collectively, boded well for the industry in recent years.

Report Coverage Details
Study Period Historical Data: 2018-21
Base Year: 2022
Forecast Period: 2023-28
CAGR (2023-2028) 6.01%
Regions Covered North America: US, Canada, Mexico
Europe: Germany, The UK, France, Russia, Italy, Rest of Europe
Asia-Pacific: China, India, Japan, South Korea, Rest of Asia-Pacific
South America: Brazil, Argentina, Rest of South America
Middle East & Africa: UAE, Saudi Arabia, South Africa, Iraq, Rest of MEA
Key Companies Profiled BASF SE, Altana Ag, Cathay Pigments Inc., DIC Corp., Huntsman International LLC, Sun Chemical Corp, Clariant AG, Sudarshan Chemicals, Cabot Corporation, Rockwood Holdings (Albemarle Corporation), Atul Limited, Kiri Industries Ltd., Kronos Worldwide, Inc, Lanxess AG, Tronox Limited, Others (Heubach Corporation, Ferro Corporation, etc.)
Unit Denominations USD Million/Billion

 

Additional application in various industries, including automotive, printing, and furniture industries, has further raised burgeoning opportunities for dying and pigment applications. This increasing demand for paints and coatings in various sectors drives the market exponentially. Again, governmental initiatives to propel the development of modern infrastructures and other industries are likely to bode well for the industry in the coming years.

Furthermore, the intensifying trend of eco-friendly and sustainable alternative products has led to manufacturers looking for ways to mitigate the impact of their operations on the environment and sustain the consumer’s interest in their brand. As such, many industries are transitioning to organic methods and adopting organically-obtained or less harmful raw materials, instigating the need for such coloring options. Consequently, the requirement for naturally sourced dyes and pigments is anticipated to rise tremendously.


Global Organic Dyes and Pigments Market Research Report: Forecast (2023-2028)

Global Organic Dyes and Pigments Market Key Driver:

Rising Applications in The Printing Industry - Organic pigments are widely used in printing, especially in food packaging applications. Printing inks utilize optical density, rub resistance, and rheological and flow properties of organic pigments used in jet inks and UV inks. The demand for organic dyes and pigments as printing ink in packaging has been on the rise, coupled with growing environmental sustainability concerns among consumers. Besides, the surge in disposable income and improved living standards with rising purchasing power is fueling infrastructural development, automobiles, and textiles, further pushing the expansion of dyes and pigments.

Global Organic Dyes and Pigments Market Possible Restraint:

Stringent Regulations Regarding Dyes and Pigment Manufacturing - The strict regulations against carbon emissions and water pollution during manufacturing might hamper the market growth. Besides, the primary chemicals, including benzene, toluene, naphthalene, and others required during the manufacturing process, are facing major regulations and restrictions due to their ill effects on health. Continuous exposure to these chemicals could cause sleepiness, stumbling, irregular heartbeat, fainting, or even death. Thus, the regulations to prevent such ill effects could hinder the flow of the market. 

On the other hand, the raw materials for manufacturing dye and pigment are mainly supplied from the Asian Pacific region; thus, there is an increasing dependency risk on a single region. Likewise, the fluctuations in the production costs owing to changing raw material costs like benzene and the higher costs of organic pigments compared to inorganic alternatives could impede the market growth.

Global Organic Dyes and Pigments Market Growth Opportunity:

Manufacturers Relocating or Establishing New Branches in The Asia Pacific - Developing urbanization in the countries of the Asia-Pacific region has attracted many giant corporations to either shift or establish branches in the area. Along similar lines, the organic dye & pigment manufacturers are also moving their production bases to the region to benefit from the low cost of production, establishing bases in the expanding industries and serving the local emerging markets. In addition, the more robust regional market of sectors such as textiles, plastics, construction, and others is also attracting manufacturers to flourish their business globally, creating new opportunities for the industry.

Global Organic Dyes and Pigments Market Key Trend:

Sudden Drift of Consumers to Eco-Friendly Products - The rising prevalence of people choosing eco-friendly, sustainable products whenever the choice is offered has opened new avenues for the market. Likewise, people's environmental consciousness and authenticity have come to aid for organic products, including dyes and pigments, which have been boding well for various industries, including fashion, food, cosmetics, and more. Market participants have responded well to this consumer shift and have come up with new segments and products catering to the environmental friendly approach, resulting in the higher application of organic dyes and pigments in the coloring of clothing, printing, cosmetics, and more. Altogether, eco-consumerisms have created endless opportunities for the market by fully embracing sustainability and environmental consciousness.

Global Organic Dyes and Pigments Market (2023-28): Segmentation Analysis

The Global Organic Dyes and Pigments Market study of MarkNtel Advisors evaluates & highlights the major trends & influencing factors in each segment & includes predictions for the period 2023–2028 at the global, regional, and national levels. Based on the Product Type, and Application the market has been further classified as:

Based on Product Type,

  • Organic Dyes
  • Organic Pigments

Among the two, Organic Dyes are anticipated to experience major market expansion during the forecast period, aided by the soluble properties of the dyes combined with the requirement of mordant dyes from the textile industry. Also, dyes soak completely into the fabric and change it chemically, with the color staying permanently through repeated use, prevailing their significance in the market. Furthermore, the broader application of dyes in packaging, textiles, printing, and more is encouraging the market expansion.

Based on Application

  • Textiles
  • Leather
  • Paper
  • Paints, Coatings & Inks
  • Food & Beverages
  • Pharmaceuticals
  • Cosmetics
  • Others (Construction, Agriculture, etc.)

The Textiles industry is projected to emerge as an area of lucrative possibilities during the forecast years, following the trend of its rising application during the historical period. The pollution produced by implementing chemical dyes has opened new avenues for organic dyes in the textile industry for textile printing and other applications to seek more productive and environmentally conserving processes. Various segments of the textile industry consume organic dyes and pigments, including clothing, home textile, leather tanning, and technical textiles. The foreshadowing expansion of the textile industry and its various applications are projected to create endless opportunities for the market.

Global Organic Dyes and Pigments Market Regional Projection

Geographically, the Global Organic Dyes and Pigments Market expands across:

  • North America
  • South America
  • Europe
  • Middle East & Africa
  • Asia-Pacific

Globally, the Asia-Pacific region is anticipated to dominate the industry with the largest market share during the forecast period, attributed to the presence of some of the largest producers of organic coloring dyes and pigments in the region. The growing demand for organic pigments and regulations on using environment-friendly products have fueled market growth. Various manufacturers are also moving their production bases to the area to benefit from low-cost production. The market is additionally experiencing a growth spurt with the elevation of multiple industries like automobile, plastic, and textile, employing organic dyes or pigments.

Moreover, stringent regulations on printing ink in food contact products and the prevalent adoption of organic dyes in cosmetic has further accelerated the Asia-Pacific market. In addition, since inorganic pigments are considered toxic to human health, the preference for organic dyes is on the rise, along with surging urbanization leading to various growth in the region.

Global Organic Dyes and Pigments Industry Recent Developments 

  • In March 2022, Heubach group and SK Capital Partners closed the acquisition of Clariant AG’s global colorants business. 
  • In July 2021, DCL acquired Sun Chemical Corp’s manufacturing facility in Goose Creek, South Carolina, USA.
  • In June 2021, BASF completed selling its global pigments business to DIC.

Gain a Competitive Edge with Our Global Organic Dyes and Pigments Market Report

  1. Global Organic Dyes and Pigments Market report provides a detailed and thorough analysis of market size, growth rate, competitive landscape, and key players. This comprehensive analysis helps businesses gain a holistic understanding of the market dynamics and make informed decisions.
  2. This report also highlights current market trends and future projections, allowing businesses to identify emerging opportunities and potential challenges. By understanding market forecasts, companies can align their strategies and stay ahead of the competition.
  3. Global Organic Dyes and Pigments Market report aids in assessing and mitigating risks associated with entering or operating in the market.
  4. The report would help in understanding market dynamics, regulatory frameworks, and potential challenges, businesses can develop strategies to minimize risks and optimize their operations.

Frequently Asked Questions

   A. The Organic Dyes and Pigments Market is projected to grow at a CAGR of around 6.01% during 2023-28.

   A. The rising application in the printing industry is expected to drive the organic dyes and pigments market during 2023-28.

   A. BASF SE, Altana Ag, Cathay Pigments Inc., DIC Corp., Huntsman International LLC, Sun Chemical Corp, Clariant AG, Sudarshan Chemicals, Cabot Corporation, Rockwood Holdings (Albemarle Corporation), Atul Limited, Kiri Industries Ltd., Kronos Worldwide, Inc, Lanxess AG, Tronox Limited, Others (Heubach Corporation, Ferro Corporation, etc.) are the top players in the Organic Dyes and Pigments Market during 2023-28.

   A. Textiles is anticipated to emerge as an area of remunerative opportunities for the leading players in the Organic Dyes and Pigments Market during the forecast period.

   A. Globally, Asia Pacific would provide lucrative prospects for the organic dyes and pigments market in the years ahead.

   A. Consumers surging drift to eco-friendly products is the key trend shaping the growth of the organic dyes and pigments market during 2023-28.

   A. Manufacturers relocating or establishing new branches in the Asia pacific is the growth opportunity driving the organic dyes and pigments market through 2028.

   A. Stringent regulations regarding dyes and pigment manufacturing are the possible restraints affecting the growth of the organic dyes and pigments market through 2028.

Global Organic Dyes and Pigments Market Research Report (2023-2028) - Table of Contents

 

  1. Market Segmentation
  2. Introduction
    1. Product Definition
    2. Research Process
    3. Assumptions
  3. Executive Summary
  4. Global Organic Dyes and Pigments Market Regulations & Policies
  5. Global Organic Dyes and Pigments Market Trends & Insights
  6. Global Organic Dyes and Pigments Market Dynamics
    1. Growth Drivers
    2. Challenges
  7. Global Organic Dyes and Pigments Market Hotspot & Opportunities
  8. Global Organic Dyes and Pigments Market Outlook, 2018- 2028F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Product Type
        1. Organic Dyes
        2. Organic Pigments
      2. By Application
        1. Textiles
        2. Leather
        3. Paper
        4. Paints, Coatings & Inks
        5. Food & Beverages
        6. Pharmaceuticals
        7. Cosmetics
        8. Others (Construction, Agriculture, etc.)
      3. By Region
        1. North America
        2. South America
        3. Europe
        4. The Middle East & Africa
        5. Asia-Pacific
      4. By Company
        1. Competition Characteristics
        2. Revenue Shares
  9. North America Organic Dyes and Pigments Market Outlook, 2018-2028F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Product Type
      2. By Application
      3. By Country
        1. The US
        2. Canada
        3. Mexico
    3. The US Organic Dyes and Pigments Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Application
    4. Canada Organic Dyes and Pigments Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Application
    5. The Mexico Organic Dyes and Pigments Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Application
  10. South America Organic Dyes and Pigments Market Outlook, 2018-2028F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Product Type
      2. By Application
      3. By Country
        1. Brazil
        2. Argentina
        3. Rest of South America
    3. Brazil Organic Dyes and Pigments Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Application
    4. Argentina Organic Dyes and Pigments Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Application
  11. Europe Organic Dyes and Pigments Market Outlook, 2018-2028F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Product Type
      2. By Application
      3. By Country
        1. The UK
        2. Italy
        3. Germany
        4. France
        5. Russia
        6. Rest of Europe
    3. The UK Organic Dyes and Pigments Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Application
    4. Italy Organic Dyes and Pigments Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Application
    5. Germany Organic Dyes and Pigments Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Application
    6. France Organic Dyes and Pigments Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Application
    7. Russia Organic Dyes and Pigments Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Application
  12. The Middle East & Africa Organic Dyes and Pigments Market Outlook, 2018-2028F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Product Type
      2. By Application
      3. By Country
        1. Saudi Arabia
        2. The UAE
        3. Iraq
        4. South Africa
        5. Rest of the Middle East & Africa
    3. Saudi Arabia Organic Dyes and Pigments Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Application
    4. The UAE Organic Dyes and Pigments Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Application
    5. Iraq Organic Dyes and Pigments Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Application
    6. South Africa Organic Dyes and Pigments Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Application
  13. Asia-Pacific Organic Dyes and Pigments Market Outlook, 2018-2028F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Product Type
      2. By Application
      3. By Country
        1. China
        2. Japan
        3. India
        4. South Korea
        5. Rest of Asia-Pacific
    3. China Organic Dyes and Pigments Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Application
    4. Japan Organic Dyes and Pigments Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Application
    5. India Organic Dyes and Pigments Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Application
    6. South Korea Organic Dyes and Pigments Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Application
  14. Competition Outlook
    1. Competition Matrix
      1. Product Portfolio
      2. Target Markets
      3. Research & Development
      4. Strategic Alliances
      5. Strategic Initiatives
    2. Company Profiles (Business Description, Solutions Offered, Business Segments, Financials, Future Plans)
      1. BASF SE
      2. Altana Ag
      3. Cathay Pigments Inc.
      4. DIC Corp.
      5. Huntsman International LLC
      6. Sun Chemical Corp
      7. Clariant AG
      8. Sudarshan Chemicals
      9. Cabot Corporation
      10. Rockwood Holdings (Albemarle Corporation)
      11. Atul Limited
      12. Kiri Industries Ltd.
      13. Kronos Worldwide, Inc
      14. Lanxess AG
      15. Tronox Limited
      16. Others (Heubach Corporation, Ferro Corporation, etc.)
  15. Disclaimer


Organic Dyes and Pigments Market - Segmentation Slide