Global Synthetic Pigments Market Report 2024

Synthetic Pigments Global Market Report 2024 – By Product Type (Inorganic Pigments, Organic Pigments), By End User Industry (Paints and Coatings, Plastics, Printing Inks, Textiles, Cosmetics and Personal Care, Other End Use Industries) – Market Size, Trends, And Global Forecast 2024-2033

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Synthetic Pigments Market Definition And Segments

The synthetic pigment is a carbon-based molecule made from petroleum compounds, acids, and other chemicals. The synthetic pigments are used in products containing insoluble materials and minerals to endure high heat, intense light, and exposure to weather or chemical agents.

The main product types of synthetic pigments market are inorganic pigments and organic pigments. Inorganic pigments are metal oxides and/or synthetic chemicals, which have very simple compositions but are finding wide use in paints and coatings. The various end-use industries are paints and coatings, plastics, printing inks, textiles, cosmetics, personal care, and other end-use industries.

The synthetic pigments market covered in this report is segmented –

1) By Product Type: Inorganic Pigments, Organic Pigments

2) By End User Industry: Paints and Coatings, Plastics, Printing Inks, Textiles, Cosmetics and Personal Care, Other End Use Industries

The synthetic pigments market size has grown strongly in recent years. It will grow from $49.55 billion in 2023 to $54.37 billion in 2024 at a compound annual growth rate (CAGR) of 9.7%. The growth in the historic period can be attributed to emerging markets growth, government incentives, low interest rate environment, increasing textile demand and rise in affordable housing.

The synthetic pigments market size is expected to see strong growth in the next few years. It will grow to $76.43 billion in 2028 at a compound annual growth rate (CAGR) of 8.9%. The growth in the forecast period can be attributed to rising demand for high performance pigments and high demand from end user industries. Major trends in the forecast period include adopting iot technology to enhance manufacturing efficiencies, implement big data analytics in operations to reduce energy consumption, adopting sustainable and ecofriendly processes to manufacture organic pigments, low production costs, investing in technology advancements, investing in r&d to develop products with enhanced properties and focus on entering into merger and acquisition agreements with emerging companies.

Expanding Horizons With High-Performance Pigments Redefine End-Use Industries

The demand for high-performance pigments and advanced technology engineered pigments such as cool pigments, nano pigments, and pigments made from superior dispersion technologies is expected to drive the synthetic pigment market. These new and advanced pigments have the capability to cater to the fast-growing novel end-use industries and technologies such as 3D printing, the automotive industry, and others. For instance, DIC Corporation, a Japan-based chemical company, launched Sunbrite Yellow 74, an azo-based high-performance pigment on the market. High-performance pigments are becoming more affordable, and their market share is expected to increase rapidly.

Textile Industry's Influence Driving Growth In The Synthetic Pigments Market

Increasing demand from the textile industry is expected to propel the growth of the synthetic pigments market going forward. The textile industry refers to a sector of the economy involved in producing textiles, which are materials primarily composed of fibers. Synthetic pigments are often more cost-effective than natural dyes, making them attractive for large-scale textile production. For instance, in May 2023, according to Textile World, a US-based magazine covering the textile industry, textile and apparel exports in the US totaled $34 billion in 20022, up from $28.4 billion in 2021. Therefore, the increasing demand for the textile industry drives the synthetic pigments market.

Major companies operating in the synthetic pigments market report are The Chemours Company, Tronox Holdings PLC, BASF SE, Kronos Worldwide Inc., Venator Materials PLC, Lanxess AG, Clariant, Merck Group, Altana AG, DIC Corporation, Hangzhou Tiankun Chem Co. Ltd., Qingdao Haiwan Specialty Chemicals Co. Ltd., Hangzhou Chungyo Chemicals, Hangzhou Han-color Chemical Co. Ltd., Kiri Industries Ltd., Heubach India, Atul Ltd., Clariant Chemicals (India) Ltd., K. Sakai & Co. Ltd., Asahi Songwon Colors Ltd., Atul Ltd., Sudarshan Chemical Industries Ltd., Taoka Chemical Co. Ltd., Toyo Ink SC Holdings Co. Ltd., Dainichiseika Color & Chemicals Mfg. Co. Ltd.

Health And Environment Concerns With The Shift From Chemical To Natural Pigments

The growing awareness about the adverse health effects of certain synthetic pigments is pushing pigment manufacturers to shift from chemical-based synthetic pigments to natural pigments, negatively impacting the market. Manufacturers are focusing on shifting from chemical pigments to natural pigments to cater to consumer preferences for new textile colors that are also environmentally friendly. Synthetic pigments also have adverse effects on the health of people and the environment due to how emerging economies are shifting to natural pigments. Several developed and developing countries have imposed a ban on the import of synthetic pigments. The use of azo pigments is banned in developing countries such as India owing to their environmental and health impacts.

Manufacturing Migration Pigment Production Shifts To Asia-Pacific

Recently, there has been an increasing migration of manufacturing capacities from the West to low-cost countries in the Asia-Pacific region. This is mainly due to stringent environmental compliance in Europe and North America. Gradually maturing production technologies and the presence of strong downstream customer bases within countries such as China and India have been driving the demand for pigments in these countries in recent years. Examples of companies that have moved their manufacturing facilities to the Asia region are Huntsman Corp., DyStar, and Clariant.

Lumina Hd Pigments Setting New Standards In The Synthetic Pigment Industry

Major companies operating in synthetic pigments are developing innovative pigments such as Lumina HD to gain a competitive edge in the market. Lumina HD pigments are high-definition effect pigments based on fine fraction synthetic mica useful for automotive stylings and other coatings applications, including aerospace, general industrial and powder coatings. For instance, in May 2023, Sun Chemical, a US-based chemical company launched Lumina HD, a new family of high-definition effect pigments based on fine fraction synthetic mica. These deliver the highest performance properties including exceptional chroma, enhanced distinctness of image and subtle sparkle and provide designers new latitude to create unique shades in the red to maroon and blue color areas.

Dic Corporation's Strategic Acquisition Of Basf's Global Pigments Business

In June 2021, DIC Corporation, a Japanese chemical company completed the acquisition of BASF’s global pigments business, known as BASF Colors & Effects, for an undisclosed amount. The acquisition of BASF will strengthen DIC Corporation in the global pigments business. BASF is a German-based producer of chemicals and is also well known for its portfolio in segments such as chemicals, materials, industrial solutions, surface technologies, nutrition & care, and agricultural solutions.

Asia-Pacific was the largest region in the synthetic pigments market in 2023. Western Europe was the second-largest region in the synthetic pigments market report. The regions covered in the synthetic pigments market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the synthetic pigments market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain

The synthetic pigments market consists of the sales of alizarin, azo-pigments, phthalocyanine, quinacridone, and metal compounds. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The synthetic pigments market research report is one of a series of new reports from The Business Research Company that provides synthetic pigments market statistics, including synthetic pigments industry global market size, regional shares, competitors with a synthetic pigments market share, detailed synthetic pigments market segments, market trends and opportunities, and any further data you may need to thrive in the synthetic pigments industry. The synthetic pigments market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

    Table Of Contents

    1. Executive Summary

    2. Synthetic Pigments Market Characteristics

    3. Synthetic Pigments Market Trends And Strategies

    4. Synthetic Pigments Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On The Market

    4.2. Ukraine-Russia War Impact On The Market

    4.3. COVID-19 Impact On The Market

    5. Global Synthetic Pigments Market Size and Growth

    5.1. Global Synthetic Pigments Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Synthetic Pigments Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Synthetic Pigments Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Synthetic Pigments Market Segmentation

    6.1. Global Synthetic Pigments Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Inorganic Pigments

    Organic Pigments

    6.2. Global Synthetic Pigments Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Paints and Coatings

    Plastics

    Printing Inks

    Textiles

    Cosmetics and Personal Care

    Other End Use Industries

    7. Synthetic Pigments Market Regional And Country Analysis

    7.1. Global Synthetic Pigments Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Synthetic Pigments Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Synthetic Pigments Market

    8.1. Asia-Pacific Synthetic Pigments Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Synthetic Pigments Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Synthetic Pigments Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China Synthetic Pigments Market

    9.1. China Synthetic Pigments Market Overview

    9.2. China Synthetic Pigments Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Synthetic Pigments Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Synthetic Pigments Market

    10.1. India Synthetic Pigments Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Synthetic Pigments Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Synthetic Pigments Market

    11.1. Japan Synthetic Pigments Market Overview

    11.2. Japan Synthetic Pigments Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Synthetic Pigments Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Synthetic Pigments Market

    12.1. Australia Synthetic Pigments Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Synthetic Pigments Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Synthetic Pigments Market

    13.1. Indonesia Synthetic Pigments Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Synthetic Pigments Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea Synthetic Pigments Market

    14.1. South Korea Synthetic Pigments Market Overview

    14.2. South Korea Synthetic Pigments Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Synthetic Pigments Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe Synthetic Pigments Market

    15.1. Western Europe Synthetic Pigments Market Overview

    15.2. Western Europe Synthetic Pigments Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Synthetic Pigments Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Synthetic Pigments Market

    16.1. UK Synthetic Pigments Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Synthetic Pigments Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Synthetic Pigments Market

    17.1. Germany Synthetic Pigments Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Synthetic Pigments Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Synthetic Pigments Market

    18.1. France Synthetic Pigments Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.2. France Synthetic Pigments Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Synthetic Pigments Market

    19.1. Italy Synthetic Pigments Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.2. Italy Synthetic Pigments Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Synthetic Pigments Market

    20.1. Spain Synthetic Pigments Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.2. Spain Synthetic Pigments Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Synthetic Pigments Market

    21.1. Eastern Europe Synthetic Pigments Market Overview

    21.2. Eastern Europe Synthetic Pigments Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Synthetic Pigments Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Synthetic Pigments Market

    22.1. Russia Synthetic Pigments Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Synthetic Pigments Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America Synthetic Pigments Market

    23.1. North America Synthetic Pigments Market Overview

    23.2. North America Synthetic Pigments Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Synthetic Pigments Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA Synthetic Pigments Market

    24.1. USA Synthetic Pigments Market Overview

    24.2. USA Synthetic Pigments Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Synthetic Pigments Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Synthetic Pigments Market

    25.1. Canada Synthetic Pigments Market Overview

    25.2. Canada Synthetic Pigments Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Synthetic Pigments Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America Synthetic Pigments Market

    26.1. South America Synthetic Pigments Market Overview

    26.2. South America Synthetic Pigments Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Synthetic Pigments Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Synthetic Pigments Market

    27.1. Brazil Synthetic Pigments Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Synthetic Pigments Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East Synthetic Pigments Market

    28.1. Middle East Synthetic Pigments Market Overview

    28.2. Middle East Synthetic Pigments Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Synthetic Pigments Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa Synthetic Pigments Market

    29.1. Africa Synthetic Pigments Market Overview

    29.2. Africa Synthetic Pigments Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Synthetic Pigments Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Synthetic Pigments Market Competitive Landscape And Company Profiles

    30.1. Synthetic Pigments Market Competitive Landscape

    30.2. Synthetic Pigments Market Company Profiles

    30.2.1. The Chemours Company

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. Tronox Holdings plc

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. BASF SE

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. Kronos Worldwide Inc.

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. Venator Materials PLC

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Synthetic Pigments Market Other Major And Innovative Companies

    31.1. Lanxess AG

    31.2. Clariant

    31.3. Merck Group

    31.4. Altana AG

    31.5. DIC Corporation

    31.6. Hangzhou Tiankun Chem Co. Ltd

    31.7. Qingdao Haiwan Specialty Chemicals Co. Ltd

    31.8. Hangzhou Chungyo Chemicals

    31.9. Hangzhou Han-color Chemical Co. Ltd.

    31.10. Kiri Industries Ltd.

    31.11. Heubach India

    31.12. Atul Ltd.

    31.13. Clariant Chemicals (India) Ltd.

    31.14. K. Sakai & Co. Ltd.

    31.15. Asahi Songwon Colors Ltd.

    32. Global Synthetic Pigments Market Competitive Benchmarking

    33. Global Synthetic Pigments Market Competitive Dashboard

    34. Key Mergers And Acquisitions In The Synthetic Pigments Market

    35. Synthetic Pigments Market Future Outlook and Potential Analysis

    35.1 Synthetic Pigments Market In 2028 - Countries Offering Most New Opportunities

    35.2 Synthetic Pigments Market In 2028 - Segments Offering Most New Opportunities

    35.3 Synthetic Pigments Market In 2028 - Growth Strategies

    35.3.1 Market Trend Based Strategies

    35.3.2 Competitor Strategies

    36. Appendix

    36.1. Abbreviations

    36.2. Currencies

    36.3. Historic And Forecast Inflation Rates

    36.4. Research Inquiries

    36.5. The Business Research Company

    36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Synthetic Pigments Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Synthetic Pigments Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Synthetic Pigments Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Synthetic Pigments Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Asia-Pacific, Synthetic Pigments Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Asia-Pacific, Synthetic Pigments Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: China, Synthetic Pigments Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: China, Synthetic Pigments Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: India, Synthetic Pigments Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: India, Synthetic Pigments Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: Japan, Synthetic Pigments Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: Japan, Synthetic Pigments Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: Australia, Synthetic Pigments Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: Australia, Synthetic Pigments Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: Indonesia, Synthetic Pigments Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Indonesia, Synthetic Pigments Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: South Korea, Synthetic Pigments Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: South Korea, Synthetic Pigments Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Western Europe, Synthetic Pigments Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Western Europe, Synthetic Pigments Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: UK, Synthetic Pigments Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: UK, Synthetic Pigments Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Germany, Synthetic Pigments Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: Germany, Synthetic Pigments Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: France, Synthetic Pigments Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: France, Synthetic Pigments Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: Italy, Synthetic Pigments Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: Italy, Synthetic Pigments Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Spain, Synthetic Pigments Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: Spain, Synthetic Pigments Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: Eastern Europe, Synthetic Pigments Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: Eastern Europe, Synthetic Pigments Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: Russia, Synthetic Pigments Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: Russia, Synthetic Pigments Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: North America, Synthetic Pigments Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: North America, Synthetic Pigments Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: USA, Synthetic Pigments Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: USA, Synthetic Pigments Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: Canada, Synthetic Pigments Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Canada, Synthetic Pigments Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: South America, Synthetic Pigments Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: South America, Synthetic Pigments Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Brazil, Synthetic Pigments Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Brazil, Synthetic Pigments Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Middle East, Synthetic Pigments Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Middle East, Synthetic Pigments Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Africa, Synthetic Pigments Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Africa, Synthetic Pigments Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: The Chemours Company Financial Performance
  • Table 52: Tronox Holdings plc Financial Performance
  • Table 53: BASF SE Financial Performance
  • Table 54: Kronos Worldwide Inc. Financial Performance
  • Table 55: Venator Materials PLC Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Synthetic Pigments Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Synthetic Pigments Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Synthetic Pigments Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Synthetic Pigments Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Asia-Pacific, Synthetic Pigments Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Asia-Pacific, Synthetic Pigments Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: China, Synthetic Pigments Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: China, Synthetic Pigments Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: India, Synthetic Pigments Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: India, Synthetic Pigments Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: Japan, Synthetic Pigments Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: Japan, Synthetic Pigments Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: Australia, Synthetic Pigments Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: Australia, Synthetic Pigments Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: Indonesia, Synthetic Pigments Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Indonesia, Synthetic Pigments Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: South Korea, Synthetic Pigments Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: South Korea, Synthetic Pigments Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Western Europe, Synthetic Pigments Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Western Europe, Synthetic Pigments Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: UK, Synthetic Pigments Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: UK, Synthetic Pigments Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Germany, Synthetic Pigments Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: Germany, Synthetic Pigments Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: France, Synthetic Pigments Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: France, Synthetic Pigments Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: Italy, Synthetic Pigments Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: Italy, Synthetic Pigments Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Spain, Synthetic Pigments Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: Spain, Synthetic Pigments Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: Eastern Europe, Synthetic Pigments Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: Eastern Europe, Synthetic Pigments Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: Russia, Synthetic Pigments Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: Russia, Synthetic Pigments Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: North America, Synthetic Pigments Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: North America, Synthetic Pigments Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: USA, Synthetic Pigments Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: USA, Synthetic Pigments Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: Canada, Synthetic Pigments Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Canada, Synthetic Pigments Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: South America, Synthetic Pigments Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: South America, Synthetic Pigments Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Brazil, Synthetic Pigments Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Brazil, Synthetic Pigments Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Middle East, Synthetic Pigments Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Middle East, Synthetic Pigments Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Africa, Synthetic Pigments Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Africa, Synthetic Pigments Market, Segmentation By End User Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: The Chemours Company Financial Performance
  • Figure 52: Tronox Holdings plc Financial Performance
  • Figure 53: BASF SE Financial Performance
  • Figure 54: Kronos Worldwide Inc. Financial Performance
  • Figure 55: Venator Materials PLC Financial Performance
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Frequently Asked Questions

What is the definition of the synthetic pigments market?

The synthetic pigment is a carbon-based molecule made from petroleum compounds, acids, and other chemicals. The synthetic pigments are used in products containing insoluble materials and minerals to endure high heat, intense light, and exposure to weather or chemical agents. For further insights on the synthetic pigments market, request a sample here

How will the synthetic pigments market drivers and restraints affect the synthetic pigments market dynamics? What forces will shape the synthetic pigments industry going forward?

The synthetic pigments market growth is aided by demand for high-performance pigments and advanced technology engineered pigments. However, some synthetic pigments market restraints include growing awareness about the adverse health effects of certain synthetic pigments which is pushing pigment manufacturers to shift from chemical-based synthetic pigments to natural pigments. For further insights on the synthetic pigments market, request a sample here

What is the forecast market size or the forecast market value of the synthetic pigments market?

The synthetic pigments market is expected to reach $65.49 billion in 2027 at a rate of 7.8%. For further insights on the synthetic pigments market, request a sample here

How is the synthetic pigments market segmented?

The global synthetic pigments market is segmented as
1) By Product Type: Inorganic Pigments, Organic Pigments
2) By End User Industry: Paints and Coatings, Plastics, Printing Inks, Textiles, Cosmetics and Personal Care, Other End Use Industries
For further insights on the synthetic pigments market,
request a sample here

Which region has the largest share of the synthetic pigments market? What are the largest region's market size and growth rate?

Asia-Pacific was the largest region in the synthetic pigments market in 2022. For detailed insights on the largest region's market size and growth rate, request a sample here.

Who are the major players in the synthetic pigments market?

Key competitors in the synthetic pigments market are, BASF SE, Archroma, DyStar, Huntsman, Clariant, Synthesia, Cromatos, Atul, Waterside colours, DIC Corp., Lanxess AG, DupontMerck KGAA, OCI Company Ltd, The Chemours Company, Venator Materials PLC, Tronox Limited. For further insights on the synthetic pigments market, request a sample here.

What are the key trends in the synthetic pigments market?

Major trends influencing the synthetic pigments market include an increasing migration of manufacturing capacities from the West to low-cost countries in the Asia-Pacific region. This is mainly due to stringent environmental compliance in Europe and North America. Gradually maturing production technologies and the presence of strong downstream customer bases within countries such as China and India have been driving the demand for pigments in these countries in recent years. For further insights on the synthetic pigments market, request a sample here.

What are the major opportunities in the synthetic pigments market? What are the strategies for the synthetic pigments market?

For detailed insights on the major opportunities and strategies in the synthetic pigments market, request a sample here.

How does the synthetic pigments market relate to the overall economy and other similar markets?

For detailed insights on synthetic pigments market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the synthetic pigments industry?

For detailed insights on the mergers and acquisitions in the synthetic pigments industry, request a sample here.

What are the key dynamics influencing the synthetic pigments market growth? SWOT analysis of the synthetic pigments market.

For detailed insights on the key dynamics influencing the synthetic pigments market growth and SWOT analysis of the synthetic pigments industry, request a sample here.