Plastic Pigments Set to Grow at 7.50% CAGR, Reaching USD 24.79 Billion by 2030

According to recent findings, the Global Plastic Pigments Market size was valued at around USD 16.06 billion in 2024 and is expected to reach USD 24.79 billion in 2030. Along with this, the market is estimated to grow at a CAGR of around 7.50% during the forecast period, i.e., 2025-30.

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Plastic Pigments Overview:

The presence of huge oil gas reserves in the country, along with the discovery of new oil gas wells, would push the requirement for proppants during the forecast period. According to the Organization of Petroleum Exporting Countries (OPEC), in 2022, Saudi Arabia consisted of around 17% of the world’s proven petroleum reserves, including 267,192 million barrels of crude oil reserves. Hence, the demand for proppants is estimated to rise considerably in Saudi Arabia with the development of the oil gas industry during 2025-2030.

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Plastic Pigments Outlook and Future Trends :

Surging Investments in the RD of Advanced Plastics for 3D Printing – With the constant technological advancements upgradation in technology, advanced painting solutions are being developed to be utilized in 3D printing. These paints are specially designed with UV-resistant characters so that the structure produced using 3D printing can sustain for a longer time with improved versatility. This category of plastic material is used as ink in 3D printing uses specialized plastic pigments, which make the plastic the color safe for use. The growing use of 3D printing in various domains, such as real estate, healthcare, automobile, and many others, would enhance the demand for plastic-based inks, thus influencing market growth in the coming years.

Global Plastic Pigments Segmentation Analysis:

By Type

Organic
- Phthalocyanine Pigments
- High-Performance Pigments
Inorganic
- Titanium Dioxide
- Iron Oxide Pigments
- Chromium Oxide
- Carbon Black
- Cadmium Pigments

According to reports, Organic plastic pigments are made from carbon-based molecules offer a broader range of color options, improved durability, and better lightfastness compared to inorganic pigments

By End User

Packaging
- Food Beverage Packaging
- Consumer Goods Packaging
- Healthcare Pharmaceutical Packaging
Building Construction
Consumer Goods
Automotive
Others (Healthcare, Textiles, Electronics, etc.)

According to reports, Here, the Packaging Industry has played a significant role in supporting the growth of the market globally.

By Region

North America
South America
Europe
The Middle East Africa
Asia-Pacific.

According to reports, Among all the regions, North America holds the leading share of the Plastic Pigments Market, mainly due to the extensive presence of end-user groups such as automobiles, construction, and healthcare, among many others.

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Some of the Market players in the Global Plastic Pigments are:

Venator Materials Plc
BASF
DIC Corporation
LANXESS
Ferro Corporation
Cabot Corporation
Clariant
Chemours
Kronos Worldwide Inc.
Heubach GmbH
Tronox
Sudarshan Chemical Industries Ltd
Others.

Plastic Pigments Recent Development:

2024: Sudarshan Chemical Industries Ltd. agreed to acquire Germany-based Heubach Group through a mix of asset and share purchases. It expands SCIL’s global footprint to 19 sites and bolsters its portfolio with Heubach’s advanced pigment technologies and presence in Europe and the Americas. The deal is contingent upon regulatory approvals and shareholder consent. This merger strengthens SCIL’s position in the global pigments market, enhances technological capabilities, and aligns with its ambitions to become a major player outside Asia.

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Key Highlights of the Report – Unlock Valuable Market Insights

Market Size, Share Future Projections – Understand the current market dimensions and forecasted growth trajectory.
In-Depth Pricing Analysis – Get clarity on pricing trends and cost structures across segments.
Company Strategies Developments – Discover recent mergers, acquisitions, partnerships, and innovations.
Key Stakeholders Value Chain Insights – Identify the main players and their roles within the industry ecosystem.
Import Export Dynamics – Analyze global trade flows, regional export trends, and supply chain movements.
Competitive Benchmarking – Gain a clear view of the leading companies and their market positioning.
Emerging Growth Opportunities – Spot untapped areas and niche markets for potential investment.
Market Trends Growth Drivers – Stay ahead with insights into evolving consumer behavior and industry indicators.

Research Methodology Summary

A systematic approach is used to ensure accurate market insights, combining both bottom-up and top-down methods. Data triangulation validates findings from multiple angles.

Key Steps:

Define objectives and research design
Collect data through surveys and interviews
Analyze and validate data using reliable tools
Forecast trends and deliver actionable insights

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