Water Based Pigments Market

By Product;

Organic and Inorganic

By Distribution Channel;

Online and Offline-[Retail Stores]

By Application;

Paints & Coatings, Inks and Others

By End-Use;

Construction and Automotive

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn919644526 Published Date: August, 2025 Updated Date: September, 2025

Water Based Pigments Market Overview

Water Based Pigments Market (USD Million)

Water Based Pigments Market was valued at USD 8,413.29 million in the year 2024. The size of this market is expected to increase to USD 10,631.87 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 3.4%.


Water Based Pigments Market

*Market size in USD million

CAGR 3.4 %


Study Period2025 - 2031
Base Year2024
CAGR (%)3.4 %
Market Size (2024)USD 8,413.29 Million
Market Size (2031)USD 10,631.87 Million
Market ConcentrationHigh
Report Pages305
8,413.29
2024
10,631.87
2031

Major Players

  • Clariant
  • Northwest Dispersions
  • Chromatech Incorporated
  • Proquimac
  • Huntsman
  • Neelikon Food Colours & Chemicals Ltd.
  • LANXESS
  • Radha Krishna Pigments Co.
  • Ultramarine and pigments ltd.
  • Kao Corporation

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Water Based Pigments Market

Fragmented - Highly competitive market without dominant players


The Water Based Pigments Market is witnessing rapid expansion, fueled by the rising demand for eco-friendly and sustainable solutions. With over 60% adoption in coatings and printing applications, these pigments are preferred for their low emission characteristics and safe formulations. Their increasing role in industries reflects a strong shift toward reducing hazardous chemicals while maintaining high performance.

Growing Adoption in Coatings and Printing
Water based pigments have established a strong foothold in coatings with over 45% share, largely supported by construction and automotive industries. In parallel, the printing segment accounts for 30%, driven by demand for safe pigments in packaging, labeling, and publishing. Their cost-efficiency and broad compatibility make them a prime choice for industrial and consumer applications.

Eco-Safe and Regulatory Compliance
More than 70% of manufacturers are transitioning to water soluble pigments, guided by stringent environmental regulations. These shifts are reshaping industry practices as companies actively replace solvent-based variants with safer alternatives. This regulatory push ensures that water based pigments remain essential for industries focused on environmental sustainability.

Innovation and Product Enhancements
Technological progress has led to significant improvements in durability, dispersion quality, and color strength. Nearly 40% of recent pigment innovations are water based, signaling a focus on sustainability without compromising performance. These innovations enable their integration into high-quality coatings, advanced printing, and niche applications.

Diversification of Applications
Approximately 20% of the demand stems from textiles, plastics, and personal care, demonstrating their expanding relevance across industries. Their adaptability and eco-friendly profile position them as a long-term sustainable solution. This multi-industry adoption highlights the future-ready nature of water based pigments in global markets.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Distribution Channel
    3. Market Snapshot, By Application
    4. Market Snapshot, By End-Use
    5. Market Snapshot, By Region
  4. Water Based Pigments Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing demand for eco-friendly and sustainable products
        2. Increasing applications in paints and coatings industry
        3. Rising consumer preference for non-toxic and water-based solutions
      2. Restraints
        1. Higher production costs compared to solvent-based pigments
        2. Limited color range compared to traditional pigments
        3. Challenges in achieving long-term durability and performance
      3. Opportunities
        1. Expansion in emerging markets
        2. Innovations in water-based pigment formulations
        3. Increased demand for water-based pigments in the textile industry
    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. Water Based Pigments Market, By Product, 2021 - 2031 (USD Million)
      1. Organic
      2. Inorganic
    2. Water Based Pigments Market, By Distribution Channel, 2021 - 2031 (USD Million)

      1. Online

      2. Offline

        1. Retail Stores

    3. Water Based Pigments Market, By Application, 2021 - 2031 (USD Million)
      1. Paints & Coatings
      2. Inks
      3. Others
    4. Water Based Pigments Market, By End-Use, 2021 - 2031 (USD Million)

      1. Construction

      2. Automotive

    5. Water Based 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. Clariant
      2. Northwest Dispersions
      3. Chromatech Incorporated
      4. Proquimac
      5. Huntsman
      6. Neelikon Food Colours & Chemicals Ltd.
      7. LANXESS
      8. Radha Krishna Pigments Co.
      9. Ultramarine and pigments ltd.
      10. Kao Corporation
  7. Analyst Views
  8. Future Outlook of the Market