Pigments market to reach $37.99 billion by 2030

The Business Research Company says the global pigments market will grow from $28.49 billion in 2025 to $37.99 billion by 2030, lifted by construction, automotive, packaging and industrial demand. Asia-Pacific held the largest share in 2025 and is forecast to be the fastest-growing region.

Why it matters: - The pigments market sits inside paints, coatings, plastics, inks and industrial manufacturing, so its growth tracks broader activity across construction, vehicles, packaging and electronics. - Rising demand for durable colorants points to continued spending on materials that improve performance, appearance and longevity. - The forecast signals opportunity for suppliers tied to high-growth end markets, especially electric vehicles, smart packaging and advanced coatings.

What happened: - The Business Research Company released its Global Market Report 2026 on the pigments market. - The report estimates the market will rise from $28.49 billion in 2025 to $30.12 billion in 2026. - The report forecasts the market will reach $37.99 billion by 2030. - The company pegs the market’s CAGR at 5.7% from 2025 to 2026 and 6.0% through 2030. - Asia-Pacific held the largest pigments market share in 2025. - Asia-Pacific is expected to grow the fastest over the forecast period. - The report covers Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, the Middle East and Africa. - A free sample is available here. - The full report is available here.

The details: - The report links recent market growth to industrialization, rising automotive production, higher demand for construction paints and coatings, wider plastics use and growth in printing inks and publishing. - Forecast growth is tied to coatings demand in electric vehicles, smart packaging and labeling, advanced aerospace and industrial coatings, electronics and displays, and specialty materials for sophisticated manufacturing. - Key trends expected to shape the market include high-durability pigments for automotive coatings. - The report also flags growing use of high-opacity inorganic pigments in construction materials. - Expansion in packaging inks and flexible packaging coloration is another trend cited in the report. - Wider adoption of specialty pigments in plastics and consumer goods is also expected. - The report points to a shift toward liquid and dispersion pigment formulations that simplify processing. - Pigments are finely ground, insoluble chemical compounds that add color by absorbing and reflecting light selectively. - Pigments are used to deliver stable coloration, opacity and durability in paints, coatings, plastics, inks and other industrial products. - The materials are engineered to withstand light, heat, chemicals and environmental factors. - Construction activity is a major growth driver because pigments add color, durability and UV resistance to paints, coatings, concrete and finishes. - Eurostat reported in June 2025 that construction production rose 3.0% in the euro area and 2.5% across the EU in April 2025 compared with April 2024.

Between the lines: - The report suggests pigments demand is becoming more specialized as manufacturers look for performance gains, not just color. - The strongest demand themes are tied to sectors with long product life cycles and strict material requirements, which can support pricing power for higher-end pigment formulations. - Asia-Pacific’s lead reflects the region’s industrial base and construction momentum, which may keep it at the center of pigment volume growth.

What's next: - The market’s next phase will likely be shaped by electric vehicle coatings, packaging innovation, and higher-spec industrial applications. - The report’s new 2026 features include market attractiveness scoring, TAM analysis, company scoring matrix graphics and tables, Excel dashboards, market hotspots infographics, and updated graphics and tables. - The Business Research Company also lists expert contact details and social channels for follow-up on the report.