#Market Analysis & Forecasts

2023-11-23

Organic pigments market size worth $8.4 billion by 2031

The global organic pigments market will experience huge growth owing to huge demand for organic pigments from the pharmaceuticals and plastic packaging industry.

Allied Market Research published a report, "Organic Pigments Market by Type (Azo Pigments, Phthalocyanine Pigments, High Performance Pigments (HPPs), Alizarin, Arylide, Others), by End Use Industry (Paints and Coatings, Automotive, Plastics, Printing Inks, Packaging, Textile, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031". As per the report, the global organic pigments market is projected to garner a revenue of $8.4 billion by 2031. The market was valued at $5.6 billion in 2021 and will grow at a CAGR of 4.2% during the 2022-2031 period. The report offers a detailed analysis of the latest market trends, regional scenario, and the competitive landscape of the industry.

Prime Growth Determinants

The growth of the global organic pigments market is on account of surge in demand for organic pigments from the pharmaceuticals and plastic packaging industries. Moreover, increasing adoption of bio-based paints & coatings and high-performance pigments will further boost the market. On the other hand, the high cost of organic pigments might create hurdles in the full-fledged growth of the market. Nonetheless, the huge demand for organic pigments from the global construction industry might open up new growth opportunities in the market.

The high performance pigments (HPPs) segment to be the most profitable by 2031

By type, the high performance pigments segment held the highest market share in 2021. Furthermore, the same segment is estimated to grow with the highest CAGR of 4.7% during the forecast period. The huge applicability of high-performance pigments in the automotive manufacturing industry and cosmetics industry will help the market to gain a lead in the coming period.

The printing inks segment to grow rapidly by 2031

By end use industry, the printing inks segment held the largest market share in 2021 owing to the massive use of printing inks in flexographic and intaglio printing, screen printing, etc. On the other hand, the paints and coatings segment is likely to demonstrate a CAGR of 4.7% in the analysis timeframe. Escalating demand for paints and coatings from the automotive and construction industry is anticipated to augment the growth rate of the market in the near future.

Asia-Pacific to provide lucrative opportunities by 2031

By region, the Asia-Pacific organic pigments market gathered the highest revenue in 2021 and is projected to showcase the highest CAGR of 4.6% during the analysis timeframe. Extensive demand for organic pigments from different end-use industries including automotive manufacturing, packaging, and construction will strengthen the position of the market.

Major Companies in the Industry:

• BASF SE

• LANXESS

• Synthesia A.S.

• Clariant

• Sudarshan Chemical Industries Limited

• TOYOCOLOR CO., LTD

• DIC Corporation

• Sun Chemical

• Trust Chem Co. Ltd.

• Ferro Corporation

Strategic alliances such as mergers, acquisitions, collaborations, partnerships, etc., that have been formed by these companies have also been extensively covered in this report. Furthermore, product launches by leading companies have been analyzed in detail.

https://www.alliedmarketresearch.com/organic-pigments-market-A12122

textile.4U publishes special edition “Top 100 Textile Recycling Companies 2025”

With a comprehensive 176-page special edition, textile.4U is dedicating its latest issue entirely to one of the most dynamic and influential topics in today’s textile industry: textile recycling. The new issue, published exclusively in high-quality print, presents the Top 100 textile recycling companies researched and selected by TexData – organizations that already play a key role in the transition to circular textiles or are expected to have a significant impact in the near future.

Responsible Textile Recovery Act of 2024 signed by Governor

Senator Josh Newman (D-Fullerton) is proud to announce that Senate Bill 707 (SB 707), the Responsible Textile Recovery Act of 2024, has been signed into law by the Governor of California, Gavin Newsom. This groundbreaking legislation establishes the country’s first Extended Producer Responsibility (EPR) textile recycling program, marking a significant step forward in the state’s efforts to combat waste and promote sustainability.

Modtissimo promotes sustainability with 28 coordinates in the Green Circle

Modtissimo is proving more and more to be a textile and clothing show that delivers the latest innovations in the area of sustainability, with the iTechStyle Green Circle being the main showcase for companies' creations. In this 60+4 edition, taking place on 12 and 13 September, 28 coordinates will be exhibited in a section organised by CITEVE and curated by Paulo Gomes.

The EU and Egypt team up to mobilise private sector investments at Investment Conference and sign a Memorandum of Understanding underpinning €1 billion in macro-financial assistance for Egypt

At the EU-Egypt Investment Conference, co-organised by the EU and the Government of Egypt on 29-30 June, the EU and Egypt are teaming up to intensify private sector investments in Egypt. They are also signing a Memorandum of Understanding (MoU) for the disbursement to Egypt of up to €1 billion in Macro-Financial Assistance.

Fluff pulp market maintains steady growth

Despite being impacted by political and economic woes, the global fluff pulp market in 2024 will reach 7.3 million air dried tonnes with a value of $9.7 billion, according to a new Smithers produced study, The Future of Fluff Pulp to 2029. This is up from 6.2 million air dried tonnes valued at $5.5 billion in 2019.

Economic and geopolitical headwinds influence industrial nonwovens growth to 2029

The global consumption of industrial nonwovens in 2024 is 5.3 million tonnes or 83.4 billion square metres (m2), valued at $21.2 billion, according to The Future of Industrial Nonwovens to 2029 from Smithers. Growth rates for 2019-24 were 6.9% (tonnes), 6.9% (m2) and 6.7% ($). This reflects a recovery in some markets from Covid-19 as well as an adjustment to the Russian invasion of Ukraine in 2022 and its repercussions (inflation, energy supply/price, global economic growth reductions).

Kick-off for the Textile Production of the Future: Establishment of a Textile Technology and Development Centre in Mönchengladbach, Germany

The Institut für Textiltechnik (ITA) of RWTH Aachen University, together with its partners, is pleased to announce that it has received approval for its joint initiative, ‘Textile Factory 7.0’. The goal of the project is the establishment of a technology and development centre for the textile industry in Mönchengladbach.

Orthopac RVMC-20 plus: German Engineering for Smarter Weft Straightening

In times of rising cost pressure and growing quality demands, textile producers worldwide are searching for solutions that combine precision, efficiency, and sustainability. With its latest innovation, the Orthopac RVMC-20 plus, Mahlo once again demonstrates the strength of German engineering: improving proven technology to meet today’s challenges.