Learn about the global synthetic pigments market through The Business Research Company, which provides information on synthetic pigments market size, synthetic pigments market drivers and restraints, synthetic pigments market players, the COVID-19 impact on the synthetic pigments market, and more.

The synthetic pigments market reached a value of nearly $35,909.2 million in 2020, having increased at a compound annual growth rate (CAGR) of 1.3% since 2015. The synthetic pigments market is expected to grow from $35,909.2 million in 2020 to $44,771.6 million in 2025 at a rate of 4.5%. The synthetic pigments market is then expected to grow at a CAGR of 3.1% from 2025 and reach $52,107.7 million in 2030.

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 pigments market.

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The synthetic pigments market consists of sales of pigments by entities that produce synthetic pigments which are generally solvent-insoluble substances that impart color to other materials without chemically binding to them. Synthetic pigments are generally applied on target materials along with an adhesive substance or a binding agent. The pigments are mostly applied on products as finely grounded solid particles mixed with a liquid.

Global Synthetic Pigments Market Segments Include:

By Product Type: Organic Pigments, Inorganic Pigments

By End-Use Industry: Paints And Coatings, Plastics, Printing Inks, Textiles, Cosmetics And Personal Care Other Industries.

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Western Europe was the largest region in the synthetic pigments market, accounting for 32.1% of the total in 2020.

Many synthetic pigments manufacturers are adopting IoT (Internet of Things) technology to connect equipment and smart devices to obtain real time insights and identify inefficiencies in the manufacturing process. The data obtained is processed, analyzed, and interpreted by plant managers and senior level management to improve quality, achieve optimum production levels, and reduce operational costs. IoT is a network of physical devices embedded with sensors, software, and electronics that continuously exchange data. IoT also help manufacturers in predictive maintenance of equipment and reducing downtime.

TBRC’s synthetic pigments market report covers:

Major Market Players: The Chemours Company, Tronox Holdings plc,BASF SE, Kronos Worldwide, Inc, Venator Materials PLC

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Synthetic Pigments Market 2022 -Global Forecast To 2030 is one of a series of new reports from The Business Research Company that provides synthetic pigments market overviews, analyses and forecasts market size, share, synthetic pigments market players, synthetic pigments market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s synthetic pigments market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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