Indian Dyes & Pigments Market 2025-2035

Description

List of Tables

Indian Dyes & Pigments Market Size, Share & Trends Analysis Report by Product Type (Dyes, Pigments) and by Application (Textiles, Paints & Coatings, Plastics, Printing Inks, Leather, Paper, and Others), Forecast Period (2025-2035)

Industry Overview

The Indian dyes & pigments market was valued at $3.6 billion in 2024 and is projected to reach approximately $7.5 billion by 2035, growing at a CAGR of 7.0% during the forecast period (2025-2035). Its key drivers include the strong textile industry, rising demand from the automotive and cosmetics sectors, and increased exports. Factors influencing the market include low labor costs, access to raw materials, technological advancements, and a growing demand for sustainable and eco-friendly products.

Market Dynamics

Booming Textile Industry

India's textile sector is a major driver of the dyes and pigments market. As one of the largest producers of textiles globally, the demand for high-quality colorants in fabric processing is substantial. The growth of the textile industry, driven by both domestic consumption and exports, directly influences the demand for dyes and pigments, particularly reactive dyes known for their vibrant colors and high fixation rates with cotton.

Paints and Coatings Demand

The paints and coatings industry is another major contributor to the dyes and pigments market. The sector accounted for a significant share of the market and is estimated to be one of the fastest-growing application sectors. Architectural and decorative coatings account for a major consumption of pigments. The rising construction and infrastructure activities in the country act as a significant driver for the market.

Government Initiatives and Export Opportunities

Government policies such as the Production Linked Incentive (PLI) scheme aim to boost domestic manufacturing and reduce dependence on imported raw materials. These initiatives encourage investment in sustainable and eco-friendly dyeing technologies, enhancing the competitiveness of Indian manufacturers in global markets. Additionally, the increasing export of textiles and garments, including home textiles and fashion apparel, further drives the demand for dyes and pigments.

Shift Towards Sustainable and Eco-Friendly Products

Environmental concerns and stringent regulations are prompting manufacturers to adopt sustainable practices. The growing preference for eco-friendly dyes and pigments, including bio-based and low-VOC options, is reshaping the market. Companies are investing in green chemistry and advanced manufacturing technologies to meet these demands, aligning with global trends towards sustainability and reducing environmental impact.

Market Segmentation

Based on the product type, the market is segmented into dyes, reactive dyes, vat dyes, acid dyes, direct dyes, disperse dyes, others, pigments, inorganic pigments, and organic pigments.
Based on the application, the market is segmented into textiles, paints & coatings, plastics, printing inks, leather, paper, and others.

Dyes Segment to Lead the Market with the Largest Share

Among all segments, dyes hold the largest share in the Indian dyes and pigments market. In 2023, dyes accounted for approximately 71.25% of the market revenue. This dominance is attributed to the extensive use of dyes in textile manufacturing, which is the largest application segment. The demand for vibrant and colorfast fabrics drives the use of dyes, making the textile industry a significant contributor to the market's growth.

Textiles: Key Segment in Market Growth

The textiles segment stands out as the key growth driver in the Indian dyes & pigments market. India is one of the key textile producers and exporters globally, which creates a consistently high demand for dyes and pigments. Within this sector, there is a strong shift towards reactive dyes due to their excellent color fastness, vibrancy, and suitability for natural fibers such as cotton, which dominates the Indian textile industry. The rise of fast fashion, coupled with increasing consumer preference for high-quality, durable, and eco-friendly fabrics, has further fueled the demand for advanced dyeing solutions.

Additionally, the growing adoption of sustainable and environmentally friendly textile processing techniques, driven by stricter regulations and consumer awareness, is pushing manufacturers to opt for organic and low-impact dyes. Technical textiles, which are used in sectors such as healthcare, automotive, and construction, also present new avenues for market growth due to their specialized dyeing requirements.

Furthermore, increasing exports of Indian textiles, particularly to North America, Europe, and the Asia-Pacific markets, is generating a significant pull effect on dye consumption. Textile mills are increasingly investing in modern dyeing equipment and innovative pigment formulations to meet both domestic and international standards, which is boosting the overall dyes and pigments market. Overall, the textiles segment not only holds the largest share but also exhibits robust growth potential, driven by a combination of industrial expansion, technological advancement, environmental considerations, and rising global demand for Indian fabrics.

Market Players Outlook

The major companies operating in the global Indian dyes & pigments market include Atul Ltd., Bodal Chemicals Ltd., Kiri Industries Ltd., Sudarshan Chemical Industries Ltd., Vidhi Specialty Food Ingredients Ltd., among others. Market players are leveraging partnerships, collaborations, mergers, and acquisition strategies for business expansion and innovative product development to maintain their market positioning.

Recent Developments

In February 2025, an Indian Minister emphasized the importance of the Basic Chemicals, Cosmetics & Dyes Export Promotion Council (CHEMEXCIL) in India's chemical exports. Established in 1963, CHEMEXCIL facilitates global trade of dyes, chemicals, cosmetics, and essential oils. Exports increased by 4.76% from April 2023 to December 2024, with a target of USD 31.53 billion for 2024-25.

The Report Covers:

Market value data analysis of 2024 and forecast to 2035.
Annualized market revenues ($ million) for each market segment.
Country-wise analysis of major geographical regions.
Key companies operating in the Indian dyes & pigments market. Based on the availability of data, information related to new products and relevant news is also available in the report.
Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
Analysis of market-entry and market expansion strategies.
Competitive strategies by identifying 'who-stands-where' in the market.

Product Code: OMR2024017

1. Report Summary

Current Industry Analysis and Growth Potential Outlook
Indian Dyes & Pigments Market Sales Analysis - Product Type | Application $ Million)
1.1. Research Methodology
Primary Research Approach
Secondary Research Approach
1.2. Market Snapshot

2. Market Overview and Insights

2.1. Scope of the Study
2.2. Analyst Insight & Current Market Trends
- 2.2.1. Key Indian Dyes & Pigments Market Trends
- 2.2.2. Market Recommendations

3. Market Determinants

3.1. Market Drivers
- 3.1.1. Drivers For the Indian Dyes & Pigments Market: Impact Analysis
3.2. Market Pain Points and Challenges
- 3.2.1. Restraints For the Indian Dyes & Pigments Market: Impact Analysis
3.3. Market Opportunities
- 3.3.1. Opportunities for the Indian Dyes & Pigments Market: Impact Analysis

4. Competitive Landscape

4.1. Competitive Dashboard - Indian Dyes & Pigments Market Revenue and Share by Manufacturers
Dyes & Pigments Comparison Analysis
Top Market Player Ranking Matrix
4.2. Key Company Analysis
- 4.2.1. Atul Ltd.
  - 4.2.1.1. Overview
  - 4.2.1.2. Product Portfolio
  - 4.2.1.3. Financial Analysis (Subject to Data Availability)
  - 4.2.1.4. SWOT Analysis
  - 4.2.1.5. Business Strategy
- 4.2.2. Bodal Chemicals Ltd.
  - 4.2.2.1. Overview
  - 4.2.2.2. Product Portfolio
  - 4.2.2.3. Financial Analysis (Subject to Data Availability)
  - 4.2.2.4. SWOT Analysis
  - 4.2.2.5. Business Strategy
- 4.2.3. Kiri Industries Ltd.
  - 4.2.3.1. Overview
  - 4.2.3.2. Product Portfolio
  - 4.2.3.3. Financial Analysis (Subject to Data Availability)
  - 4.2.3.4. SWOT Analysis
  - 4.2.3.5. Business Strategy
- 4.2.4. Sudarshan Chemical Industries Ltd.
  - 4.2.4.1. Overview
  - 4.2.4.2. Product Portfolio
  - 4.2.4.3. Financial Analysis (Subject to Data Availability)
  - 4.2.4.4. SWOT Analysis
  - 4.2.4.5. Business Strategy
- 4.2.5. Vidhi Specialty Food Ingredients Ltd.
  - 4.2.5.1. Overview
  - 4.2.5.2. Product Portfolio
  - 4.2.5.3. Financial Analysis (Subject to Data Availability)
  - 4.2.5.4. SWOT Analysis
  - 4.2.5.5. Business Strategy
4.3. Top Winning Strategies by Market Players
- 4.3.1. Merger and Acquisition
- 4.3.2. Product Launch
- 4.3.3. Partnership And Collaboration
5. Indian Dyes & Pigments Market Sales Analysis By Product Type ($ Million)
5.1. Dyes
- 5.1.1. Reactive Dyes
- 5.1.2. Vat Dyes
- 5.1.3. Acid Dyes
- 5.1.4. Direct Dyes
- 5.1.5. Disperse Dyes
- 5.1.6. Others
5.2. Pigments
- 5.2.1. Inorganic Pigments
- 5.2.2. Organic Pigments
6. Indian Dyes & Pigments Market Sales Analysis By Application ($ Million)
6.1. Textiles
6.2. Paints & Coatings
6.3. Plastics
6.4. Printing Inks
6.5. Leather
6.6. Paper
6.7. Others

7. Company Profiles

7.1. Aarti Industries Ltd.
- 7.1.1. Quick Facts
- 7.1.2. Company Overview
- 7.1.3. Product Portfolio
- 7.1.4. Business Strategies
7.2. AksharChem (India) Ltd.
- 7.2.1. Quick Facts
- 7.2.2. Company Overview
- 7.2.3. Product Portfolio
- 7.2.4. Business Strategies
7.3. Atul Ltd.
- 7.3.1. Quick Facts
- 7.3.2. Company Overview
- 7.3.3. Product Portfolio
- 7.3.4. Business Strategies
7.4. Bhageria Industries Ltd.
- 7.4.1. Quick Facts
- 7.4.2. Company Overview
- 7.4.3. Product Portfolio
- 7.4.4. Business Strategies
7.5. Bodal Chemicals Ltd.
- 7.5.1. Quick Facts
- 7.5.2. Company Overview
- 7.5.3. Product Portfolio
- 7.5.4. Business Strategies
7.6. Heubach Colourants India
- 7.6.1. Quick Facts
- 7.6.2. Company Overview
- 7.6.3. Product Portfolio
- 7.6.4. Business Strategies
7.7. Hindprakash Industries Ltd.
- 7.7.1. Quick Facts
- 7.7.2. Company Overview
- 7.7.3. Product Portfolio
- 7.7.4. Business Strategies
7.8. Ishan Dyes & Chemicals Ltd.
- 7.8.1. Quick Facts
- 7.8.2. Company Overview
- 7.8.3. Product Portfolio
- 7.8.4. Business Strategies
7.9. Jaysynth Orgochem Ltd.
- 7.9.1. Quick Facts
- 7.9.2. Company Overview
- 7.9.3. Product Portfolio
- 7.9.4. Business Strategies
7.10. Kiri Industries Ltd.
- 7.10.1. Quick Facts
- 7.10.2. Company Overview
- 7.10.3. Product Portfolio
- 7.10.4. Business Strategies
7.11. Meghmani Organics Ltd.
- 7.11.1. Quick Facts
- 7.11.2. Company Overview
- 7.11.3. Product Portfolio
- 7.11.4. Business Strategies
7.12. Poddar Pigments Ltd.
- 7.12.1. Quick Facts
- 7.12.2. Company Overview
- 7.12.3. Product Portfolio
- 7.12.4. Business Strategies
7.13. Shree Pushkar Chemicals & Fertilisers Ltd.
- 7.13.1. Quick Facts
- 7.13.2. Company Overview
- 7.13.3. Product Portfolio
- 7.13.4. Business Strategies
7.14. Sudarshan Chemical Industries Ltd.
- 7.14.1. Quick Facts
- 7.14.2. Company Overview
- 7.14.3. Product Portfolio
- 7.14.4. Business Strategies
7.15. Ultramarine Pigments / Ultramarine India Ltd.
- 7.15.1. Quick Facts
- 7.15.2. Company Overview
- 7.15.3. Product Portfolio
- 7.15.4. Business Strategies