The Global Phthalocyanine Pigments Market was valued at US$ 1635.7 Million in 2022 and is projected to reach US$ 2240 Million by 2029, growing at a Compound Annual Growth Rate (CAGR) of 4.6% during the forecast period (2023–2029). This consistent growth is underpinned by the material’s unparalleled properties: exceptional tinting strength, brilliant color properties, and outstanding lightfastness and chemical resistance. Demand is accelerating across key end-use industries like printing inks, paints & coatings, and plastics, driven by urbanization, infrastructure development, and the robust packaging sector.

As industries worldwide push for more vibrant, durable, and sustainable color solutions, the role of specialized pigment manufacturers becomes increasingly critical. In this analysis, we profile the Top 10 Companies in the Phthalocyanine Pigments Industry—a collection of global chemical giants and specialized producers who are innovating in formulation, sustainability, and application-specific solutions.

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🔟 1. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: Heliogen® Blue and Green pigments, Paliogen® and Paliotol® ranges

BASF is a global leader in the chemical industry and a premier supplier of high-performance pigments. Its comprehensive portfolio of Phthalocyanine Blues and Greens is renowned for superior durability and consistency, serving demanding applications in automotive coatings, industrial paints, and plastics. The company’s significant investment in R&D ensures a pipeline of innovative and environmentally compliant pigment solutions.

Innovation & Sustainability Focus:

• Development of “Eco+” compliant pigments with reduced environmental impact
• Advanced pigment dispersion technologies for easier application
• Global production network ensuring supply chain resilience

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9️⃣ 2. Clariant International Ltd.

Headquarters: Muttenz, Switzerland
Key Offering: Hostaperm® Blue and Green, PV Fast Blue

Clariant’s Pigments business unit is a key player, offering a wide array of organic pigments, including high-grade Phthalocyanines. Their products are essential for creating vibrant colors in plastics, coatings, and specialty inks. Clariant emphasizes sustainable product portfolios and has been actively developing solutions that meet stringent regulatory standards across different regions.

Innovation & Sustainability Focus:

• Focus on high-performance, regulatory-compliant pigments (e.g., REACH, FDA)
• Innovations in pigment preparations for enhanced processing
• Commitment to sustainability through its EcoTain® label for superior products

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8️⃣ 3. DIC Corporation

Headquarters: Tokyo, Japan
Key Offering: Fastogen Blue, Symuler Phthalocyanine Blue and Green

DIC Corporation, through its Sun Chemical subsidiary, is one of the world’s largest producers of printing inks and pigments. Its Phthalocyanine pigments are industry benchmarks, particularly in the printing ink sector. The company’s global footprint and vertical integration from raw materials to finished pigment preparations give it a significant competitive edge.

Innovation & Sustainability Focus:

• Leading innovations for digital and packaging printing inks
• Development of sustainable pigment solutions with a focus on circular economy principles
• Extensive technical support and color matching services globally

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7️⃣ 4. Heubach GmbH

Headquarters: Langelsheim, Germany
Key Offering: Heuco® Blue and Green pigments

Heubach is a globally recognized, specialized pigment manufacturer with a rich history. The company offers a broad spectrum of high-quality Phthalocyanine pigments known for their reliability and performance. Following its strategic combination with Clariant’s Pigments business, the new Heubach Group has significantly expanded its portfolio and global reach, strengthening its position as a leading color and effect pigment supplier.

Innovation & Sustainability Focus:

• Strong focus on product quality and batch-to-batch consistency
• Investment in sustainable manufacturing processes
• Expansion of product offerings for high-growth markets like coatings and plastics

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6️⃣ 5. Sudarshan Chemical Industries Ltd.

Headquarters: Pune, India
Key Offering: Sudaperm® Phthalocyanine Blue and Green

Sudarshan is a major Indian multinational and a significant global supplier of organic pigments, including Phthalocyanines. It holds a dominant position in the Asian market and has a growing international presence. The company is known for its cost-effective manufacturing and strong focus on the coatings and plastics industries.

Innovation & Sustainability Focus:

• Strategic expansions to increase production capacity
• Focus on developing environmentally friendly pigment variants
• Strong R&D capabilities aimed at customizing solutions for regional needs

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5️⃣ 6. Meghmani Organics Limited

Headquarters: Ahmedabad, India
Key Offering: Megha™ Phthalocyanine Blue and Green pigments

Meghmani Organics is a leading Indian manufacturer of pigments, agrochemicals, and basic chemicals. Its pigment division is a key producer of Phthalocyanine Blues and Greens, catering to both domestic and international markets. The company benefits from backward integration, which provides stability in raw material sourcing.

Innovation & Sustainability Focus:

• Backward integration for key raw materials like Copper Phthalocyanine crude
• Focus on expanding market share in the paints and printing ink sectors
• Implementation of environmentally sustainable manufacturing practices

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4️⃣ 7. Yabang Group

Headquarters: Jilin, China
Key Offering: Phthalocyanine Blue BGS, Phthalocyanine Green G

Yabang is one of China’s prominent producers of dyes and organic pigments. The company has a substantial manufacturing capacity for Phthalocyanine pigments and serves a wide range of industries. Its competitive pricing and large-scale production make it a key supplier in the global market, especially in the Asia-Pacific region.

Innovation & Sustainability Focus:

• Large-scale, cost-efficient production capabilities
• Increasing focus on improving product quality to meet international standards
• Expansion of export markets beyond Asia

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3️⃣ 8. Pidilite Industries Ltd.

Headquarters: Mumbai, India
Key Offering: Pigments for adhesives, art materials, and construction chemicals

Pidilite, known for its consumer and specialty chemicals like Fevicol, is also a significant player in the pigment market through its subsidiary, Pidilite Dispersions. While not a primary manufacturer of Phthalocyanine crude, it is a major formulator and distributor of pigment preparations and dispersions used in various applications, leveraging its strong distribution network.

Innovation & Sustainability Focus:

• Strong brand recognition and distribution network in India and abroad
• Focus on user-friendly pigment dispersions for retail and industrial customers
• Innovation in application-specific pigment solutions

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2️⃣ 9. Eckart GmbH (Altana)

Headquarters: Hartenstein, Germany
Key Offering: High-performance pigment preparations and effect pigments

Eckart, a member of the Altana group, is a world leader in metallic effect pigments and pigment preparations. While its core strength lies in metallic effects, it offers sophisticated pigment preparations that often include Phthalocyanines to create unique color effects for coatings, printing inks, and plastics, targeting premium and specialty applications.

Innovation & Sustainability Focus:

• Expertise in combining effect pigments with organic colors for innovative finishes
• Focus on sustainable pigment technologies, including water-based systems
• Strong presence in the automotive and packaging coating sectors

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1️⃣ 10. North American Chemical Corporation

Headquarters: Illinois, USA
Key Offering: Phthalocyanine Blue 15 series

North American Chemical is a key supplier of pigments in the Americas. It specializes in providing quality Phthalocyanine Blue pigments to the paint, coating, plastic, and ink industries in North and South America. The company focuses on reliable supply and consistent quality, serving a loyal customer base across the hemisphere.

Innovation & Sustainability Focus:

• Strategic focus on the Americas market with localized supply chains
• Commitment to consistent product quality and customer service
• Adherence to North American environmental and safety regulations

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🌍 Outlook: A Colorful Future Driven by Performance and Sustainability

The Phthalocyanine Pigments market is evolving beyond providing mere color. The focus is shifting towards high-performance characteristics, environmental compliance, and tailored solutions for next-generation applications. As regulatory pressures intensify and end-user industries demand more from their materials, innovation in this sector is accelerating.

📈 Key Trends Shaping the Market:

• Growing demand for eco-friendly and heavy-metal-free pigments driven by global regulations like REACH.
• Increasing adoption in high-growth sectors such as flexible packaging and digital printing.
• R&D focus on improving dispersion properties and heat stability for advanced engineering plastics.
• Expansion of production capacities, particularly in the Asia-Pacific region, to meet rising global demand.

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The companies leading this market are not just selling pigments; they are providing the essential building blocks for vibrant, durable, and sustainable products across the global economy.