Pigment Dispersions Market Report and Forecast 2025-2034

The global pigment dispersions market size stood at USD 51.29 Billion in 2024 and is projected to reach USD 84.35 Billion by 2034, growing at a CAGR of 5.10% between 2025 and 2034.

The growing pigment dispersions market for pigment dispersions in the Asia-Pacific, like India, China, and Australia, is expected to be driven by the growing construction industry in the region.

Pigment Dispersions are used to create a stable suspension for liquid coatings, paints, or inks. The method of dispersion is pigment wetting, grinding phase, and pigment suspension stability. Pigment dispersion is the method in which pigment powder is broken down by mechanical shear in individual particles so that after this phase, the pigment agglomerates are broken back together to form larger structures.

Market Segmentation

The pigment dispersions market can be divided based on segments like dispersion type, pigment type, application, and end-use.

Market Breakup by Dispersion Type

• Water-Based Dispersions
• Solvent-Based Dispersions

Market Breakup by Pigment Type

• Organic Pigments
• Inorganic Pigments

Market Breakup by Application

• Paints and Coatings
• Inks
• Plastics
• Others

Market Breakup by End Use

• Building and Construction
• Automotive
• Packaging
• Paper and Printing
• Textile
• Others

Market Breakup by Region

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa

Market Analysis

The increasing demand in the building and construction sector for paints and coatings is driving the pigment dispersions market growth. Pigment dispersion based on water is commonly used in significant applications such as paints and coatings and inks for printing and plastics. The building and construction segment was the largest consumer of pigment dispersions in 2020, whereas, during the forecast period, the automotive sector is expected to be the fastest-growing end-use sector. Due to its low VOC, excellent gloss, elevated tinting strength, fluidity, and storage stability characteristics, water-based dispersion is the more prominent and faster-growing dispersion form. The development of the market for pigment dispersions in the Asia-Pacific is driven primarily by the strong demand in the construction and manufacturing sector. The growing population and increasing end-use sectors have resulted in innovation and growth, making the Asia-Pacific a major industrial hub worldwide. It is anticipated that high growth and innovation, together with sector consolidations, will lead to the fast growth of the market in the region. Pigment dispersions are also essential for the manufacturing of various cosmetics products; thus, the growth of the cosmetics industry is also expected to drive the pigment dispersions market growth. However, owing to its damaging impact on health and environment, strict restrictions on the manufacturing of pigments are a significant constraint to the pigment dispersions market growth.

Competitive Landscape

The report presents a detailed analysis of the following key players in the global pigment dispersions market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

• DIC Corporation
• Clariant AG
• BASF SE
• Chromaflo Technologies Corporation
• Cabot Corporation
• Heubach GmbH
• Penn Color, Inc.
• Pidilite Industries Ltd
• Others

The report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.