Organic Pigments for Ink Market Analysis: Its CAGR, Market Segmentation and Global Industry Overview
The "Organic Pigments for Ink Market" is focused on controlling cost, and improving efficiency. Moreover, the reports offer both the demand and supply aspects of the market. The Organic Pigments for Ink market is expected to grow annually by 8.3% (CAGR 2024 - 2031).
This entire report is of 174 pages.
Organic Pigments for Ink Introduction and its Market Analysis
Organic pigments for ink are colorants derived from natural sources that are used in various industries such as printing, packaging, and textiles. The market for organic pigments for ink is projected to experience significant growth due to increasing demand for vibrant and high-quality printing materials. Major factors driving revenue growth in this market include technological advancements, growing emphasis on sustainable and eco-friendly products, and expanding application areas.
Companies operating in this market include DIC Group, Heubach GmbH, Crenovo, Synthesia ., Sudarshan Chemical Industries Limited, Ferro Corporation, Sun Chemical, Tah Kong Chemical Industrial Corporation, Crown Color Technology Co., Ltd, Toyo Ink SC Holdings Co., Ltd, Apollo Colors Inc, and Changzhou Longyu Pigment Chemical Co., Ltd.
The report's findings indicate a strong demand for organic pigments for ink across various industries, with a focus on innovation and product development. Recommendations include investing in research and development to stay ahead of changing market trends and expanding product offerings to meet customer needs.
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Organic pigments for ink market is witnessing a significant growth with increasing demand for vibrant and long-lasting colors in various printing applications. Azo pigments, known for their high color strength and excellent lightfastness, are a popular choice in the market. Non-azo pigments, on the other hand, are preferred for their improved chemical resistance and environmental-friendly nature.
The market is segmented based on the type of printing ink applications including letterpress, planographic, gravure, and screen printing. Each segment caters to specific printing requirements and provides different color options for businesses.
Regulatory and legal factors play a crucial role in shaping the market conditions for organic pigments. Compliance with safety standards, environmental regulations, and chemical restrictions are essential for manufacturers to stay competitive in the market. It is important for businesses to stay informed about these factors and adapt their production processes accordingly to ensure market growth and sustainability. With increasing awareness about the environmental impact of chemicals used in inks, organic pigments are being preferred over synthetic ones, making way for a more sustainable future in the printing industry.
Top Featured Companies Dominating the Global Organic Pigments for Ink Market
The organic pigments for ink market is highly competitive with several key players. Some of the prominent companies operating in this market include DIC Group, Heubach GmbH, Crenovo, Synthesia ., Sudarshan Chemical Industries Limited, Ferro Corporation, Sun Chemical, Tah Kong Chemical Industrial Corporation, Crown Color Technology Co., Ltd, Toyo Ink SC Holdings Co., Ltd, Apollo Colors Inc, and Changzhou Longyu Pigment Chemical Co., Ltd.
These companies provide a wide range of organic pigments that are used in various types of inks, including printing inks, packaging inks, and others. They offer high-quality pigments that provide excellent color strength, lightfastness, and chemical resistance. These companies invest heavily in research and development to innovate and develop new organic pigments that meet the changing demands of the ink industry.
DIC Group, Sun Chemical, Ferro Corporation, and Sudarshan Chemical Industries Limited are some of the key players in the organic pigments for ink market with significant sales revenue. For instance, Sun Chemical, a leading global manufacturer of printing inks and pigments, reported sales revenue of over $7 billion in 2020. Sudarshan Chemical Industries Limited, a major player in the pigments industry, reported sales revenue of over $400 million in 2020.
Overall, these companies play a crucial role in driving the growth of the organic pigments for ink market by offering innovative products, expanding their product portfolios, and catering to the evolving needs of various end-user industries. Their strong market presence, focus on quality, and commitment to sustainable practices contribute to the overall development of the organic pigments for ink market.
- DIC Group
- Heubach GmbH
- Crenovo
- Synthesia a.s.
- Sudarshan Chemical Industries Limited
- Ferro Corporation
- Sun Chemical
- Tah Kong Chemical Industrial Corporation
- Crown Color Technology Co., Ltd
- Toyo Ink SC Holdings Co., Ltd
- Apollo Colors Inc
- Changzhou Longyu Pigment Chemical Co., Ltd
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Organic Pigments for Ink Market Analysis, by Type:
- Azo Pigments
- Non-azo Pigments
Azo pigments are synthetic organic compounds known for their vibrant colors and excellent lightfastness, making them popular for a variety of ink applications. On the other hand, non-azo pigments are derived from natural sources and offer a wider range of colors, often used in eco-friendly inks. The diverse properties of both types of organic pigments cater to different market needs, driving the demand for organic pigments in the ink industry. Additionally, consumers' increasing preference for environmentally friendly products has further fueled the demand for non-azo pigments, contributing to the growth of the organic pigments for ink market.
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Organic Pigments for Ink Market Analysis, by Application:
- Letterpress Printing Ink
- Planographic Printing Ink
- Gravure Ink
- Screen Printing Ink
Organic pigments are widely used in various printing inks, such as letterpress, planographic, gravure, and screen printing inks, due to their vivid colors, good lightfastness, and high temperature stability. In letterpress printing ink, organic pigments are used to create sharp and clear images on paper. In planographic printing ink, they are used for their ability to adhere well to the printing plate. Gravure ink utilizes organic pigments for their high color strength and consistency. Screen printing ink relies on organic pigments for their durability and versatility. The fastest growing application segment in terms of revenue is screen printing ink due to its wide range of applications in various industries.
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Organic Pigments for Ink Industry Growth Analysis, by Geography:
North America:
- United States
- Canada
Europe:
- Germany
- France
- U.K.
- Italy
- Russia
Asia-Pacific:
- China
- Japan
- South Korea
- India
- Australia
- China Taiwan
- Indonesia
- Thailand
- Malaysia
Latin America:
- Mexico
- Brazil
- Argentina Korea
- Colombia
Middle East & Africa:
- Turkey
- Saudi
- Arabia
- UAE
- Korea
The organic pigments for ink market is expected to show steady growth in regions such as North America (NA), Asia Pacific (APAC), Europe, USA, and China due to increasing demand from the packaging, printing, and textile industries. APAC is expected to dominate the market with a market share of around 40%, followed by Europe and North America. The market share of the organic pigments for ink market is projected to grow at a CAGR of around 5% in APAC, 4% in Europe, and 3% in North America by 2026. The growing demand for sustainable and eco-friendly inks is driving the growth of the market in these regions.
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