The Global LED & LCD Display Pigments Market was valued at significant multi-billion USD in 2022 and is projected to grow steadily through 2029, driven by rising demand for high-resolution displays in consumer electronics, automotive infotainment systems, and digital advertising. This growth is underpinned by the accelerating transition to energy-efficient LED technology and the continuous innovation in color performance and stability of display pigments.
As the visual technology landscape evolves toward brighter, more vibrant, and more durable screens, the essential components that create these colors—display pigments—are in the spotlight. In this blog, we profile the Top 10 Companies in the LED & LCD Display Pigments Industry—a collection of chemical giants and specialized manufacturers that are defining the color quality and efficiency of modern displays.
🔟 1. BASF SE
Headquarters: Ludwigshafen, Germany
Key Offering: High-performance organic pigments, specialty chemicals for displays
BASF is a global leader in the chemical industry, supplying a wide range of advanced pigments crucial for LCD color filters and LED encapsulation. Their product portfolio includes pigments that offer exceptional color strength, thermal stability, and lightfastness, which are critical for high-end displays in smartphones, televisions, and monitors.
Innovation Initiatives:
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Development of next-generation pigments for Quantum Dot displays
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Focus on environmentally sustainable production processes
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Strong R&D investments in nano-pigments for enhanced color gamut
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LED & LCD Display Pigments Market – View in Detailed Research Report
9️⃣ 2. DIC Corporation
Headquarters: Tokyo, Japan
Key Offering: Phthalocyanine pigments, high-performance pigments for LCD color resists
DIC Corporation is a major force in the pigment industry, with a significant market share in display pigments. The company provides essential blue and green phthalocyanine pigments that are fundamental for creating the RGB color system in LCD panels. Their products are known for high purity and consistency.
Innovation Initiatives:
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Expansion of pigment production capacity in Asia to meet rising demand
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R&D into pigments for flexible and foldable displays
8️⃣ 3. Solvay S.A.
Headquarters: Brussels, Belgium
Key Offering: Specialty polymers and high-purity chemicals for display manufacturing
Solvay provides critical materials for the display industry, including specialty chemicals used in the formulation of color filters and light-management layers. Their solutions enhance the optical performance and longevity of both LCD and LED displays, serving top-tier panel manufacturers globally.
Innovation Initiatives:
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Development of halogen-free and sustainable material solutions
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Collaborations with display makers to improve energy efficiency
7️⃣ 4. Dai Nippon Printing Co., Ltd. (DNP)
Headquarters: Tokyo, Japan
Key Offering: Color filters, photomasks, and functional films for displays
DNP is a key player in the display supply chain, manufacturing the crucial color filters that use specialized pigments to produce red, green, and blue subpixels. Their advanced patterning technologies ensure high color accuracy and resolution for 4K, 8K, and beyond.
Innovation Initiatives:
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Investment in finer pixel technologies for ultra-high-definition displays
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Development of materials for micro-LED displays
Download FREE Sample Report:
LED & LCD Display Pigments Market – View in Detailed Research Report
6️⃣ 5. Toyo Ink SC Holdings Co., Ltd.
Headquarters: Tokyo, Japan
Key Offering: Display pigment dispersions, colorants for LCD and OLED
Toyo Ink is a leading supplier of pigment dispersions and colorants specifically formulated for the electronics industry. Their products are integral to the color filter arrays in LCDs and are also finding applications in the emerging printed electronics and OLED sectors.
Innovation Initiatives:
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Focus on developing pigments with improved thermal and UV stability
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Expansion of electronic materials business through strategic acquisitions
5️⃣ 6. Clariant AG
Headquarters: Muttenz, Switzerland
Key Offering: High-performance pigments, specialty chemicals
Clariant produces a range of organic pigments that offer brilliant shades and excellent durability, making them suitable for demanding display applications. Their expertise in surface treatment and formulation helps improve the dispersion of pigments in various display component matrices.
Innovation Initiatives:
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Development of pigments compliant with stringent environmental regulations (e.g., REACH)
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Investment in R&D for digital printing applications in display manufacturing
4️⃣ 7. Sun Chemical Corporation
Headquarters: Parsippany, New Jersey, USA
Key Offering: Pigments, dyes, and advanced materials for electronics
As part of the DIC Group, Sun Chemical is a major global provider of pigments and performance materials. The company supplies critical colorants used in the layers of display panels, contributing to color reproduction, brightness, and overall display quality.
Innovation Initiatives:
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Integration of DIC’s global pigment technologies for display applications
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Focus on developing solutions for next-generation display technologies
3️⃣ 8. Merck KGaA
Headquarters: Darmstadt, Germany
Key Offering: Liquid crystals, OLED materials, effect pigments
While renowned for its liquid crystals, Merck’s Performance Materials segment also offers sophisticated pigments and materials that enhance light management in displays. Their expertise is critical for both LCDs, where liquid crystals are key, and for advanced lighting and display effects.
Innovation Initiatives:
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Pioneering research in liquid crystal and OLED material science
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Development of materials for immersive display experiences like VR/AR
2️⃣ 9. Sudarshan Chemical Industries Limited
Headquarters: Pune, India
Key Offering: Organic pigments, pigment preparations
Sudarshan is a leading Indian manufacturer of organic pigments with a growing presence in the global market. The company produces a range of high-performance pigments that are used in various applications, including specialty coatings and, increasingly, in the components of display modules.
Innovation Initiatives:
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Capacity expansion to serve the global electronics market
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Investment in R&D for pigments with higher color strength and purity
1️⃣ 10. Ferro Corporation (Now part of Prince International Corporation)
Headquarters: Cleveland, Ohio, USA
Key Offering: Specialty pigments, glass coatings, frits
Ferro, now part of Prince International Corporation, has a long history of providing specialty materials, including pigments used in glass and ceramic applications. Their expertise is valuable for display cover glasses, filters, and other components where durable, stable coloration is required.
Innovation Initiatives:
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Leveraging combined resources post-acquisition for enhanced R&D
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Development of functional coatings for anti-reflective and anti-glare display surfaces
Get Full Report Here:
LED & LCD Display Pigments Market – View in Detailed Research Report
🌍 Outlook: The Future of Display Pigments Is Brighter and More Efficient
The LED and LCD display pigments market is undergoing a significant evolution. While traditional pigments for standard LCDs remain vital, the industry is heavily investing in materials for next-generation displays, including Quantum Dots, Micro-LEDs, and flexible OLEDs, which demand pigments with unprecedented levels of performance and stability.
📈 Key Trends Shaping the Market:
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Rising demand for wider color gamuts (Rec. 2020 standard) driving pigment innovation
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Shift toward energy-efficient displays increasing need for high-performance light-management materials
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Growth of automotive displays and large-format public screens creating new application areas
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Increasing regulatory focus on environmentally sustainable and heavy-metal-free pigments
Get Full Report Here:
LED & LCD Display Pigments Market – View in Detailed Research Report
The companies listed above are not only supplying the colors for today’s screens—they’re developing the advanced materials that will define the visual experiences of tomorrow.
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