Global Pigments Market Size & Outlook, 2022-2030
Global pigments market, 2018-2030 (US$M)
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Global pigments market highlights
- The global pigments market generated a revenue of USD 12,562.5 million in 2022 and is expected to reach USD 17,479.0 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 4.2% by 2030.
- In terms of segment, inorganic pigments accounted for a revenue of USD 9,414.8 million in 2022.
- Organic Pigments is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2022.
- Country-wise, Spain is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 12,562.5 million |
| Market revenue in 2030 | USD 17,479.0 million |
| Growth rate | 4.2% (CAGR from 2022 to 2030) |
| Largest segment | Inorganic pigments |
| Fastest growing segment | Organic Pigments |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Organic Pigments, Inorganic Pigments |
Other key industry trends
- In terms of revenue, the North America accounted for 10.2% of the global pigments market in 2022.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, Spain is the fastest growing regional market and is projected to reach USD 188.2 million by 2030.
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Pigments Market Scope
Pigments Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global pigments market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to pigments market will help companies and investors design strategic landscapes.
Inorganic pigments was the largest segment with a revenue share of 74.94% in 2022. Horizon Databook has segmented the Global pigments market based on organic pigments, inorganic pigments covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Pigments Product Outlook (Revenue, USD Million, 2018-2030)
- Reactive Dyes
- Vat Dyes
- Acid Dyes
- Direct Dyes
- Disperse Dyes
- Others
- Organic Pigments
- Inorganic Pigments
- Global Pigments Application Outlook (Revenue, USD Million, 2018-2030)
- Printing Inks
- Textiles
- Paper
- Leather
- Others
- Plastics
- Paints & Coatings
- Construction
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Target buyers of Global pigments market databook
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Our clientele includes a mix of pigments market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global pigments market , including forecasts for subscribers. This global databook contains high-level insights into Global pigments market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global pigments market size, by regions, 2018-2030 (US$M)
Top 10 countries: Pigments market size, 2022 (US$M)
Global pigments market share, by product, 2022 & 2030 (%, US$M)
Pigments market: Opportunity assessment by country
Global pigments market, by region, 2022 (US$M)
| Product | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 1,088.2 | 1,131.5 | 1,103.6 | 1,226.4 | 1,278.5 | 1,333.9 | 1,392.9 | 1,455.8 | 1,524.2 | 1,596.3 | 1,672.9 | 1,755.7 | 1,843.9 | 4.7% |
| Europe | 2,420.0 | 2,470.1 | 2,379.1 | 2,585.8 | 2,652.3 | 2,724.9 | 2,804.2 | 2,890.6 | 2,936.9 | 3,013.5 | 3,091.0 | 3,165.6 | 3,244.7 | 2.6% |
| Asia Pacific | 6,376.2 | 6,645.3 | 6,603.0 | 7,230.0 | 7,547.6 | 7,883.4 | 8,238.6 | 8,614.5 | 9,038.7 | 9,474.0 | 9,937.4 | 10,435.9 | 10,965.4 | 4.8% |
| Latin America | 611.0 | 628.0 | 596.6 | 663.9 | 682.7 | 702.3 | 722.6 | 743.6 | 772.6 | 798.7 | 826.2 | 856.9 | 888.8 | 3.4% |
| MEA | 353.3 | 363.9 | 368.8 | 387.9 | 401.5 | 416.2 | 432.3 | 449.8 | 462.6 | 479.9 | 498.2 | 516.5 | 536.3 | 3.7% |
| Overall | 10,848.5 | 11,238.7 | 11,051.0 | 12,094.0 | 12,562.5 | 13,060.7 | 13,590.4 | 14,154.1 | 14,734.9 | 15,362.4 | 16,025.8 | 16,730.6 | 17,479.0 | 4.2% |
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