The Global Phthalocyanine Pigments Market was valued at USD 2.45 Billion in 2023 and is projected to reach USD 3.68 Billion by 2031, growing at a Compound Annual Growth Rate (CAGR) of 5.2% during the forecast period (2024–2031). This growth is driven by increasing demand from paints & coatings, plastics, and printing ink applications, along with advancements in sustainable pigment technologies.
As industries prioritize high-performance and eco-friendly color solutions, key players are innovating with enhanced durability, heat stability, and regulatory compliance. This report profiles the Top 10 Companies in the Phthalocyanine Pigments Market—global leaders shaping the future of industrial coloration.
🔟 1. BASF SE
Headquarters: Ludwigshafen, Germany
Key Offering: Paliogen® and Heliogen® pigment ranges (Copper Phthalocyanine variants)
BASF leads the market with high-purity phthalocyanine pigments for automotive, packaging, and architectural applications. Their R&D focuses on improving lightfastness while reducing heavy metal content, with expanding production capacity in Asia.
Innovation Focus:
- Bio-based pigment development
- Low-VOC formulations for eco-friendly coatings
- Digital color matching integration
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9️⃣ 2. Clariant International
Headquarters: Muttenz, Switzerland
Key Offering: Hostaperm®, Novoperm®, and Graphtol® pigment series
Clariant specializes in high-performance pigments with exceptional weather resistance, focusing on sustainable production processes compliant with global environmental regulations.
Innovation Focus:
- Water-based pigment dispersions
- Closed-loop manufacturing
- Energy-efficient production technologies
8️⃣ 3. DIC Corporation
Headquarters: Tokyo, Japan
Key Offering: Fastogen® and LIONOL® pigment lines
DIC dominates Asia-Pacific markets with comprehensive pigment portfolios for plastics and inks, expanding through strategic acquisitions and technical service enhancements.
Innovation Focus:
- High-transparency automotive pigments
- Nanotechnology-enhanced formulations
- Digital printing solutions
Download FREE Sample Report: https://www.24chemicalresearch.com/download-sample/215813/global-phthalocyanine-pigments-market-2023-2031-877
7️⃣ 4. Yabang Group
Headquarters: Changzhou, China
Key Offering: Yabang® phthalocyanine blue and green pigments
Yabang is China’s leading pigment manufacturer with vertically integrated production, supplying cost-effective solutions for paints, plastics and inks across global markets.
Innovation Focus:
- Cost-efficient production processes
- Customized pigment solutions
- Asian market expansion
6️⃣ 5. Eckart GmbH
Headquarters: Hartenstein, Germany
Key Offering: Effect pigments and metallic powders
Eckart specializes in high-performance metal effect pigments for automotive and industrial coatings, with advanced surface treatment technologies.
Innovation Focus:
- Special effect pigments
- Metallic and pearlescent finishes
- Automotive-grade solutions
5️⃣ 6. Meghmani Organics Limited
Headquarters: Ahmedabad, India
Key Offering: Phthalocyanine Green and Blue pigments
Meghmani is a leading Indian manufacturer with integrated production capabilities and strong export presence in emerging markets.
Innovation Focus:
- Cost-competitive formulations
- Emerging market penetration
- Manufacturing efficiency improvements
Download FREE Sample Report: https://www.24chemicalresearch.com/download-sample/215813/global-phthalocyanine-pigments-market-2023-2031-877
4️⃣ 7. Heubach GmbH
Headquarters: Langelsheim, Germany
Key Offering: Heubach Color product lines
Heubach provides high-performance pigments with superior durability for demanding industrial applications, focusing on sustainability and regulatory compliance.
Innovation Focus:
- Heavy-metal free formulations
- REACH-compliant pigments
- High-durability solutions
3️⃣ 8. Sudarshan Chemical Industries
Headquarters: Pune, India
Key Offering: Organic pigments and preparations
Sudarshan is a major Asian pigment producer with growing global presence, combining cost efficiency with technical innovation.
Innovation Focus:
- Expansion into high-value pigment segments
- Manufacturing technology upgrades
- Global distribution network expansion
2️⃣ 9. Pidilite Industries
Headquarters: Mumbai, India
Key Offering: Industrial and specialty chemicals
Pidilite’s pigment division provides tailored solutions for the Indian subcontinent with strong distribution and application expertise.
Innovation Focus:
- Local market customization
- Application-specific formulations
- Distribution channel optimization
1️⃣ 10. Jaysynth Dyestuff
Headquarters: Mumbai, India
Key Offering: Organic dyes and pigments
Jaysynth provides cost-effective pigment solutions with strong presence in Asian and African markets, specializing in textile and industrial applications.
Innovation Focus:
- Emerging market penetration
- Application-specific color solutions
- Cost optimization
Get Full Report Here: https://www.24chemicalresearch.com/reports/215813/global-phthalocyanine-pigments-market-2023-2031-877
🌍 Outlook: Eco-Friendly and High-Performance Pigments Lead Market Evolution
The phthalocyanine pigments market is transforming with increasing environmental regulations and performance demands. Key players are investing in sustainable and high-performance solutions to meet evolving industry requirements.
📈 Key Market Trends:
- Growing demand for heavy-metal free pigments
- Increasing adoption in plastics and packaging
- Expansion of digital printing applications
- Shift toward sustainable production processes
Get Full Report Here: https://www.24chemicalresearch.com/reports/215813/global-phthalocyanine-pigments-market-2023-2031-877
These market leaders are not only providing essential coloration solutions—they’re driving the future of pigment technology toward sustainability and enhanced performance.
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