Synthetic Pigments Global Market Report 2026

Synthetic pigments are carbon-based molecules created from a combination of petroleum compounds, acids, and other chemicals. These pigments find application in products that incorporate insoluble materials and minerals, enabling them to withstand conditions such as high heat, intense light, and exposure to weather or chemical agents.

The primary product categories within the synthetic pigments market include inorganic pigments and organic pigments. Inorganic pigments consist of metal oxides and/or synthetic chemicals with straightforward compositions, and they are extensively utilized in paints and coatings. The diverse array of industries using synthetic pigments encompasses paints and coatings, plastics, printing inks, textiles, cosmetics, personal care, and various other end-use sectors.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs have influenced the synthetic pigments market by increasing the cost of imported organic and inorganic pigment intermediates. Paints, plastics, and printing ink segments are most affected, particularly in asia pacific and europe. Higher tariffs have raised production costs and limited pricing flexibility for manufacturers. At the same time, tariffs are promoting regional pigment production, encouraging technology upgrades, and strengthening local supply chains, supporting long term market growth.

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. This 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.

The synthetic pigments market size has grown strongly in recent years. It will grow from $46.99 billion in 2025 to $49.98 billion in 2026 at a compound annual growth rate (CAGR) of 6.4%. The growth in the historic period can be attributed to growth of paints and coatings industry, expansion of plastics manufacturing, long term use in inks, rising construction activity, industrial pigment demand.

The synthetic pigments market size is expected to see strong growth in the next few years. It will grow to $65.19 billion in 2030 at a compound annual growth rate (CAGR) of 6.9%. The growth in the forecast period can be attributed to growth of automotive coatings, increasing infrastructure projects, expansion of plastic packaging, rising demand for durable pigments, innovation in specialty pigments. Major trends in the forecast period include growing demand for heat resistant pigments, rising use in automotive coatings, expansion of organic pigment applications, increasing adoption in printing inks, rising focus on weather resistance.

The growing automotive industry is expected to drive the expansion of the synthetic pigments market going forward. The automotive industry includes the design, development, manufacturing, marketing, and sale of motor vehicles such as cars, trucks, and motorcycles, along with their components and related services. Its growth is being fueled by rising global demand for vehicles, advancements in electric and autonomous technologies, and an increasing focus on sustainable and efficient transportation solutions. Synthetic pigments are essential in the automotive sector because they deliver durable, vibrant, and customizable colors with enhanced resistance to environmental factors such as UV radiation, heat, and chemicals. For example, in January 2024, the European Automobile Manufacturers' Association (ACEA), a Belgium-based lobbying and standards organization, reported that the EU car market grew by 13.9% in 2023, with sales reaching 867,052 units compared to the previous year, resulting in a total annual volume of 10.5 million units. Many major markets achieved double-digit growth, including Italy (+18.9%), Spain (+16.7%), and France (+16.1%), while Germany experienced more moderate growth of 7.3%. Therefore, the expansion of the automotive industry is contributing to the growth of the synthetic pigments market.

Major companies in the synthetic pigments market are developing advanced pigment technologies such as Lumina HD to strengthen their competitive position. Lumina HD pigments are high-definition effect pigments made from fine-fraction synthetic mica and are used in automotive coatings as well as applications in aerospace, general industrial coatings, and powder coatings. For example, in May 2023, Sun Chemical, a U.S.-based chemical company, introduced Lumina HD, a new series of high-definition effect pigments based on fine synthetic mica. These pigments offer superior performance characteristics including exceptional chroma, improved distinctness of image, and subtle sparkle, providing designers with new creative possibilities for developing unique shades in the red, maroon, and blue color ranges.

In April 2023, Cathay Industries, a U.S.-based manufacturer and supplier of iron oxide pigments, acquired the iron oxide business of Venator Materials PLC for $140 million. Through this acquisition, Cathay gained eight manufacturing sites and one administrative site across six countries and four continents. This major investment underscores Cathay's commitment to expanding its global presence and improving customization capabilities to better support its customers and partners. Venator Materials PLC is a UK-based producer of synthetic pigments.

Major companies operating in the synthetic pigments market 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., Sudarshan Chemical Industries Ltd., Taoka Chemical Co. Ltd., Toyo Ink SC Holdings Co. Ltd., Dainichiseika Color & Chemicals Mfg. Co. Ltd.

Asia-Pacific was the largest region in the synthetic pigments market in 2025. 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, South East Asia, 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, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, 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.

Synthetic Pigments Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses synthetic pigments market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for synthetic pigments ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The synthetic pigments market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
• The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
• The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
• The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
• The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
• The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
• Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.

Scope

• Markets Covered:1) By Product Type: Inorganic Pigments; Organic Pigments
• 2) By Form: Powder; Liquid; Paste / Dispersions
• 3) By End User Industry: Paints and Coatings; Plastics; Printing Inks; Textiles; Cosmetics and Personal Care; Other End Use Industries
• Subsegments:
• 1) By Inorganic Pigments: Titanium Dioxide (TiO2); Iron Oxides; Chromium Oxide; Cadmium Pigments; Ultramarine Blue; Other Inorganic Pigments
• 2) By Organic Pigments: Azo Pigments; Phthalocyanine Pigments; Quinacridone Pigments; Diketopyrrolopyrrole (DPP) Pigments; Other Organic Pigments
• Companies Mentioned: 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.; Sudarshan Chemical Industries Ltd.; Taoka Chemical Co. Ltd.; Toyo Ink SC Holdings Co. Ltd.; Dainichiseika Color & Chemicals Mfg. Co. Ltd.
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain
• Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time Series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
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