Organic Pigments Market is supposed to grow with CAGR of around 5% during 2019-2026

Organic pigments refer to the pigments or colors based on carbon rings and carbon chains. However, they can also contain metallic (inorganic) elements which help in the stabilization of the properties of the organic component in organic pigments. Global organic pigments market is expected to rise with a CAGR of 5% during the forecast period 2019-2026. Organic pigments are light in weight thereby resulting in high volume, small particle size as compared to inorganic pigments, resistant to water, possess natural gloss, good-to-excellent lightfast ratings, high tinting strength, etc. However, certain organic pigments such as carmine, rose madder etc. are prone to fading and have poor lightfast ratings.

Regulations on VOC(volatile organic compounds) emissions is one of the major factors driving the growth of global organic pigments market. Due to the adverse effects of VOC on the environment such as air pollution, smog, etc, government organisations across several countries worldwide have formulated VOC regulations to regulate the adoption of VOC in paints, coatings, sealants, adhesives, printing inks, etc. For instance: Environment Protection Department, Government of Hong Kong have implemented Air Pollution Control VOC Regulation in order to prohibit the import of regulated products with VOC contents exceeding the prescribed limits mentioned in the VOC Regulation into Hong Kong. Also, Government of Canada have formulated VOC Concentration Limits for Architectural Coatings Regulations to reduce the emission of VOC and protect the environment and health of Canadian residents. These VOC regulations set maximum VOC concentration limits for 53 categories of architectural coatings. These concentration limits  may vary from 100 grams per litre (g/L) to 800 g/L depending on the category and are mentioned in the Schedule of the Regulations. Several other countries such as U.S, China, India, Mexico, etc. have limited the adoption of VOC, thereby promoting the growth of global organic pigment market.

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Geographically, Asia Pacific is both dominating and fastest growing market region for global organic pigments market in terms of market revenue share. This is due to the significant presence of several manufacturers of organic pigments in Asia Pacific region such as Dainippon Ink & Chemicals (Japan), Dainichiseika Color & Chemicals Mfg Co Ltd   (Japan), Heubach (India), Pidilite Industries Limited (India), Toyo Color Co. ltd. (Japan) etc. Additional factors such as growing urbanization and industrialization in developing Asia Pacific countries such as India, China, Japan, growing infrastructure development, etc. are expected to positively influence the growth of Asia Pacific organic pigment market. However, the organic pigment market is expected to witness significant growth in Africa and Middle East due to execution of large construction projects especially in Saudi Arabia, Qatar and Nigeria.

Global organic pigments market report covers segmentation analysis of product types and applications. Report further covers segments of product types of organic pigments which includes monoazo pigments, diazo pigments, phthalocyanine pigments, quinacridone pigments, acid and base dye pigments and others. Azo pigments such as monoazo and diazo pigments is the leading product type segment as these pigments are colorless earth and clay materials, which when processed using azo compounds impart colors. The pigment carrier is a significant aspect which affects the light fastness of azo pigments or diazine derivative pigments. Report further covers segments of applications of organic pigments which includes printing inks, paints and coatings, plastics, rubber, textile and others. Printing inks is the leading application segment as Organic pigments are preferred in printing inks because of their rich tinctorial strength. Disazo pigments and naphthol AS pigments are the commonly used organic pigments in the manufacture of printing inks.

Major market players of the global organic pigments market are: BASF SE (Germany), Clariant International (Switzerland), Dow-Dupont (U.S.), Lanxess Ag (Germany) and Others all such companies are adopting various strategies such as merger & acquisition, collaboration, partnership and product launch. Whereas, product launch is the key strategy adopted by the companies in the global organic pigments market. For Example; in 2017, Clariant International AG launched Telasperse PVC (Polyvinyl chloride) pigment preparation for plasticized and non-plasticized PVC. This new range of pigments consists 7 colors – one blue, three reds and three yellows along with additional two blacks and a white. Telasperse PVC products are dust-free and free-flowing powder pigment preparations which are fully dispersed with approximately 40-50% organic pigment. This product launch was done by the company to open new opportunities for PVC customers and compounders manufacturing such products as films and sheets, thereby increasing the customer base of the company.

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