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Synthetic Pigments Global Market Report 2021: COVID 19 Impact and Recovery to 2030

Starting Price : $4000.00 | Pages : 175 | Published : January 2021 | SKU CODE : 7299 | Format :


The synthetic pigments market consists of the sales of synthetic pigments and related services that is used in the field of paints, inks, plastics containing insoluble materials and minerals to endure high heat, intense light and exposure to weather or chemical agents.

The global synthetic pigments market is expected to grow from $37.03 billion in 2020 to $40.07 billion in 2021 at a compound annual growth rate (CAGR) of 8.2%.The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $45.95 billion in 2025 at a CAGR of 3%.

The synthetic pigments market covered in this report is segmented by type into inorganic pigments, organic pigments.

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. These new and advanced pigments have the capability to cater to the fast-growing novel end-use industries and technologies such as 3D-printing, automotive industry, and others. For instance, DIC Corporation, a Japan-based chemical company launched Sunbrite Yellow 74, an azo based high performance pigment in the market. High performance pigments are becoming more affordable and their market share is expected to increase rapidly.

The growing awareness about adverse health effects of certain synthetic pigments is pushing pigments manufacturers to shift from chemical-based synthetic pigments to natural pigments, negatively impacting the market. Manufacturers are focusing on shifting from chemical pigments to natural pigments to cater to the consumer preferences for new textiles colors, which are also environmentally-friendly. Synthetic pigments also have adverse effects on the health of people and the environment due to which emerging economies are shifting to natural pigments. Several developed and developing countries have imposed a ban on the import of synthetic pigments. The use of azo pigments is banned in developing countries such as India owing to their environmental and health impacts.

Recently, there has been an increasing migration of manufacturing capacities from the West to low-cost countries in the Asia-Pacific region. This is mainly due to stringent environmental compliance in Europe and North America. Gradually maturing production technologies and the presence of strong downstream customer bases within countries such as China and India have been propelling the demand for pigments in these countries in recent years. Examples of companies that have moved their manufacturing facilities to the Asia region are Huntsman Corp, DyStar and Clariant.

In August 2019, DIC Corporation, a Japanese chemical company entered into an agreement to acquire BASF’s global pigments business, known as BASF Colors & Effects for an undisclosed amount. Acquisition of BASF will strengthen DIC Corporation in global pigments business. BASF is German based producer of chemicals and also well known for portfolio in segments such as chemicals, materials, industrial solutions, surface technologies, nutrition & care and agricultural solutions.

The major players covered in the global synthetic pigments market are BASF SE, Archroma, DyStar, Huntsman, Clariant, Synthesia, Cromatos, Atul, Waterside colours, DIC Corp., Lanxess AG, DupontMerck KGAA, OCI Company Ltd, The Chemours Company, Venator Materials PLC, Tronox Limited.

The countries covered in the global synthetic pigments market are Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, UK, USA, Australia.

The regions covered in the global synthetic pigments market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The global synthetic pigments market is segmented -

1) By Product Type: Inorganic Pigments, Organic Pigments

2) By End Use Industry: Paints And Coatings, Plastics, Printing Inks, Textiles, Cosmetics And Personal Care, Others

    Table Of Contents

    1. Executive Summary

    2. Synthetic Pigments Market Characteristics

    3. Synthetic Pigments Market Trends And Strategies

    4. Impact Of COVID-19 On Synthetic Pigments

    5. Synthetic Pigments Market Size And Growth

    5.1. Global Synthetic Pigments Historic Market, 2015-2020, $ Billion

    5.1.1. Drivers Of The Market

    5.1.2. Restraints On The Market

    5.2. Global Synthetic Pigments Forecast Market, 2020-2025F, 2030F, $ Billion

    5.2.1. Drivers Of The Market

    5.2.2. Restraints On the Market

    6. Synthetic Pigments Market Segmentation

    6.1. Global Synthetic Pigments Market, Segmentation  By Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    Inorganic Pigments

    Organic Pigments  

    6.2. Global Synthetic Pigments Market, Segmentation  By End Use Industry, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    Paints And Coatings

    Plastics

    Printing Inks

    Textiles

    Cosmetics And Personal Care

    Others  

    7. Synthetic Pigments Market Regional And Country Analysis

    7.1. Global Synthetic Pigments Market, Split By Region, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    7.2. Global Synthetic Pigments Market, Split By Country, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    8. Asia-Pacific Synthetic Pigments Market  

    8.1. Asia-Pacific Synthetic Pigments Market Overview  

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Synthetic Pigments Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    9. China Synthetic Pigments Market  

    9.1. China Synthetic Pigments Market Overview  

    9.2. China Synthetic Pigments Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F,$ Billion

    10. India Synthetic Pigments Market  

    10.1. India Synthetic Pigments Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    11. Japan Synthetic Pigments Market  

    11.1. Japan Synthetic Pigments Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    12. Australia Synthetic Pigments Market  

    12.1. Australia Synthetic Pigments Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    13. Indonesia Synthetic Pigments Market  

    13.1. Indonesia Synthetic Pigments Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    14. South Korea Synthetic Pigments Market  

    14.1. South Korea Synthetic Pigments Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    15. Western Europe Synthetic Pigments Market  

    15.1. Western Europe Synthetic Pigments Market Overview

    15.2. Western Europe Synthetic Pigments Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    16. UK Synthetic Pigments Market  

    16.1. UK Synthetic Pigments Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    17. Germany Synthetic Pigments Market  

    17.1. Germany Synthetic Pigments Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    18. France Synthetic Pigments Market  

    18.3. France Synthetic Pigments Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    19. Eastern Europe Synthetic Pigments Market  

    19.1. Eastern Europe Synthetic Pigments Market Overview

    19.2. Eastern Europe Synthetic Pigments Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    20. Russia Synthetic Pigments Market  

    20.1. Russia Synthetic Pigments Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    21. North America Synthetic Pigments Market  

    21.1. North America Synthetic Pigments Market Overview

    21.2. North America Synthetic Pigments Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    22. USA Synthetic Pigments Market  

    22.1. USA Synthetic Pigments Market Overview

    22.2. USA Synthetic Pigments Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    23. South America Synthetic Pigments Market  

    23.1. South America Synthetic Pigments Market Overview

    23.2. South America Synthetic Pigments Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    24. Brazil Synthetic Pigments Market  

    24.1. Brazil Synthetic Pigments Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    25. Middle East Synthetic Pigments Market  

    25.1. Middle East Synthetic Pigments Market Overview

    25.2. Middle East Synthetic Pigments Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    26. Africa Synthetic Pigments Market  

    26.1. Africa Synthetic Pigments Market Overview

    26.2. Africa Synthetic Pigments Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    27. Synthetic Pigments Market Competitive Landscape And Company Profiles

    27.1. Synthetic Pigments Market Competitive Landscape

    27.2. Synthetic Pigments Market Company Profiles

    27.2.1. BASF SE

    27.2.1.1. Overview

    27.2.1.2. Products and Services

    27.2.1.3. Strategy

    27.2.1.4. Financial Performance

    27.2.2. Archroma

    27.2.2.1. Overview

    27.2.2.2. Products and Services

    27.2.2.3. Strategy

    27.2.2.4. Financial Performance

    27.2.3. DyStar

    27.2.3.1. Overview

    27.2.3.2. Products and Services

    27.2.3.3. Strategy

    27.2.3.4. Financial Performance

    27.2.4. Huntsman

    27.2.4.1. Overview

    27.2.4.2. Products and Services

    27.2.4.3. Strategy

    27.2.4.4. Financial Performance

    27.2.5. Clariant

    27.2.5.1. Overview

    27.2.5.2. Products and Services

    27.2.5.3. Strategy

    27.2.5.4. Financial Performance

    29. Key Mergers And Acquisitions In The Synthetic Pigments Market

    29. Synthetic Pigments Market Future Outlook and Potential Analysis

    30. Appendix

    30.1. Abbreviations

    30.2. Currencies

    30.3. Research Inquiries

    30.4. The Business Research Company

    30.5. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2015-2020, $ Billion
  • Table 2: Global Forecast Market Growth, 2020-2025F, 2030F, $ Billion
  • Table 3: Global Synthetic Pigments Market, Segmentation  By Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 4: Global Synthetic Pigments Market, Segmentation  By End Use Industry, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 5: Global Synthetic Pigments Market, Split By Region, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 6: Global Synthetic Pigments Market, Split By Country, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 7: Asia-Pacific, Synthetic Pigments Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 8: China, Synthetic Pigments Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 9: India, Synthetic Pigments Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 10: Japan, Synthetic Pigments Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 11: Australia, Synthetic Pigments Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 12: Indonesia, Synthetic Pigments Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 13: South Korea, Synthetic Pigments Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 14: Western Europe, Synthetic Pigments Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 15: UK, Synthetic Pigments Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 16: Germany, Synthetic Pigments Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 17: France, Synthetic Pigments Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 18: Eastern Europe, Synthetic Pigments Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 19: Russia, Synthetic Pigments Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 20: North America, Synthetic Pigments Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 21: USA, Synthetic Pigments Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 22: South America, Synthetic Pigments Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 23: Brazil, Synthetic Pigments Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 24: Middle East, Synthetic Pigments Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 25: Africa, Synthetic Pigments Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 26: BASF SE Financial Performance
  • Table 27: Archroma Financial Performance
  • Table 28: DyStar Financial Performance
  • Table 29: Huntsman Financial Performance
  • Table 30: Clariant Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2015-2020, $ Billion
  • Figure 2: Global Forecast Market Growth, 2020-2025F, 2030F, $ Billion
  • Figure 3: Global Synthetic Pigments Market, Segmentation  By Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 4: Global Synthetic Pigments Market, Segmentation  By End Use Industry, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 5: Global Synthetic Pigments Market, Split By Region, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 6: Global Synthetic Pigments Market, Split By Country, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 7: Asia-Pacific, Synthetic Pigments Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 8: China, Synthetic Pigments Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 9: India, Synthetic Pigments Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 10: Japan, Synthetic Pigments Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 11: Australia, Synthetic Pigments Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 12: Indonesia, Synthetic Pigments Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 13: South Korea, Synthetic Pigments Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 14: Western Europe, Synthetic Pigments Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 15: UK, Synthetic Pigments Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 16: Germany, Synthetic Pigments Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 17: France, Synthetic Pigments Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 18: Eastern Europe, Synthetic Pigments Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 19: Russia, Synthetic Pigments Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 20: North America, Synthetic Pigments Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 21: USA, Synthetic Pigments Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 22: South America, Synthetic Pigments Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 23: Brazil, Synthetic Pigments Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 24: Middle East, Synthetic Pigments Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 25: Africa, Synthetic Pigments Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 26: BASF SE Financial Performance
  • Figure 27: Archroma Financial Performance
  • Figure 28: DyStar Financial Performance
  • Figure 29: Huntsman Financial Performance
  • Figure 30: Clariant Financial Performance
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