Global Synthetic Pigments Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Inorganic Pigments and Organic Pigments

By Application;

Paints & Coatings, Plastics, Printing Inks, Textiles, Cosmetics & Personal Care, and Others

By End User Industry;

Automotive, Construction, Consumer Goods, Aerospace, and Healthcare

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn102640930 Published Date: May, 2025 Updated Date: June, 2025

Synthetic Pigments Market Overview

Synthetic Pigments Market (USD Million)

Synthetic Pigments Market was valued at USD 44,511.97 million in the year 2024. The size of this market is expected to increase to USD 84,557.22 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 9.6%.


Global Synthetic Pigments Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 9.6 %


Study Period2025 - 2031
Base Year2024
CAGR (%)9.6 %
Market Size (2024)USD 44,511.97 Million
Market Size (2031)USD 84,557.22 Million
Market ConcentrationMedium
Report Pages393
44,511.97
2024
84,557.22
2031

Major Players

  • BASF SE
  • Clariant International Ltd.
  • DIC Corporation
  • Huntsman Corporation
  • Lanxess AG

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Synthetic Pigments Market

Fragmented - Highly competitive market without dominant players


The synthetic pigments market continues to thrive, fueled by widespread adoption in industries such as coatings, plastics, textiles, and personal care. These pigments are prized for their consistent coloration, enhanced durability, and resilience to environmental exposure. Over 65% of paint and coating formulations now rely on synthetic pigments, underscoring their integral role in high-performance product development.

Performance-Centric Usage in Plastics
Synthetic pigments are also in high demand within the plastic manufacturing industry, where they are used in around 58% of colored plastic products. These pigments support applications requiring UV stability, thermal resistance, and chemical durability, helping manufacturers meet stringent performance benchmarks in sectors ranging from packaging to automotive.

Eco-Friendly Innovations Transforming the Market
With a focus on safety and sustainability, roughly 40% of recent innovations in this market emphasize green chemistry and low-toxicity formulations. Industry players are actively redesigning pigment chemistries to reduce environmental impact without compromising on performance, aligning with broader trends in eco-conscious manufacturing.

Rise in Cosmetic and Personal Care Usage
Synthetic pigments are increasingly essential in cosmetics, especially in products demanding color intensity and formulation versatility. More than 35% of makeup items, including lipsticks and eyeshadows, incorporate synthetic pigments for precise color matching and long-lasting wear. Their ability to deliver vivid tones makes them indispensable to the beauty industry’s creative processes.

Regulations Steering Sustainable Production
The move toward cleaner production is shaping the market’s trajectory. Nearly 45% of producers are now adopting regulatory-compliant pigment solutions that are non-toxic and environmentally safer.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By End User Industry
    4. Market Snapshot, By Region
  4. Synthetic Pigments Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing demand from end-use industries
        2. Technological advancements in pigment manufacturing
        3. Increasing urbanization and infrastructure development
        4. Rising consumer preference for sustainable and eco-friendly pigments
        5. Expansion in emerging markets
      2. Restraints
        1. Stringent environmental regulations
        2. Fluctuating raw material prices
        3. Competition from natural pigments
        4. Challenges in pigment dispersion and stability
      3. Opportunities
        1. Development of high-performance pigments
        2. Expansion into new applications such as 3D printing
        3. Increasing investments in research and development
        4. Growth in the cosmetics and personal care industry
        5. Adoption of smart coatings and specialty pigments
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Synthetic Pigments Market, By Type, 2021 - 2031 (USD Million)
      1. Inorganic Pigments
      2. Organic Pigments
    2. Synthetic Pigments Market, By Application, 2021 - 2031 (USD Million)
      1. Paints & Coatings
      2. Plastics
      3. Printing Inks
      4. Textiles
      5. Cosmetics & Personal Care
      6. Others
    3. Synthetic Pigments Market, By End User Industry, 2021 - 2031 (USD Million)
      1. Automotive
      2. Construction
      3. Consumer Goods
      4. Aerospace
      5. Healthcare
    4. Synthetic Pigments Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN(Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. BASF SE
      2. Clariant International Ltd.
      3. DIC Corporation
      4. Huntsman Corporation
      5. Lanxess AG
      6. Heubach Group
      7. Sun Chemical
      8. Venator Materials PLC
      9. Kronos Worldwide Inc.
      10. The Chemours Company
  7. Analyst Views
  8. Future Outlook of the Market