Global Water Based Pigments Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product;

Organic and Inorganic.

By Application;

Paints & Coatings, Inks, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn919644526 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Water Based Pigments Market (USD Million), 2021 - 2031

In the year 2024, the Global Water Based Pigments Market was valued at USD 8,413.29 million. The size of this market is expected to increase to USD 10,631.87 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 3.4%.

The Global Water-Based Pigments Market has experienced significant growth as industries increasingly seek eco-friendly alternatives to solvent-based pigments. Water-based pigments are made using water as the primary solvent, reducing the environmental impact compared to traditional solvent-based options. With growing environmental concerns and stricter regulations on volatile organic compounds (VOCs), water-based pigments are gaining popularity in various applications, including paints, coatings, textiles, and cosmetics. The market is driven by the shift toward sustainable products and the rising demand for low-toxicity, non-flammable, and easy-to-clean pigment solutions that meet the needs of both industrial and consumer applications.

In addition to environmental benefits, water-based pigments offer superior performance characteristics. These pigments provide vibrant color and excellent dispersion properties, which makes them highly suitable for use in a range of industries, from automotive coatings to consumer products. The demand for water-based pigments is also fueled by technological advancements that enhance their durability, brightness, and resistance to UV light, making them ideal for both indoor and outdoor applications. As consumers and businesses alike become more environmentally conscious, the market for water-based pigments continues to expand, with an increasing focus on innovation and product development to meet various performance and regulatory requirements.

The water-based pigments market. North America and Europe lead in terms of adopting environmentally friendly solutions due to stringent environmental regulations and an increasing emphasis on sustainability. In the Asia Pacific region, rapid industrialization, coupled with rising demand for water-based pigments in the automotive, construction, and consumer goods sectors, is expected to drive market expansion. As awareness about the benefits of water-based products continues to grow, the market for water-based pigments is poised for continued growth, with innovation and sustainability at the forefront of development.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Water Based Pigments Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing demand for eco-friendly and sustainable products
        2. Increasing applications in paints and coatings industry
        3. Rising consumer preference for non-toxic and water-based solutions
      2. Restraints
        1. Higher production costs compared to solvent-based pigments
        2. Limited color range compared to traditional pigments
        3. Challenges in achieving long-term durability and performance
      3. Opportunities
        1. Expansion in emerging markets
        2. Innovations in water-based pigment formulations
        3. Increased demand for water-based pigments in the textile industry
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Water Based Pigments Market, By Product, 2021 - 2031 (USD Million)
      1. Organic
      2. Inorganic
    2. Global Water Based Pigments Market, By Application, 2021 - 2031 (USD Million)
      1. Paints & Coatings
      2. Inks
      3. Others
    3. Global Water Based Pigments Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Clariant
      2. Northwest Dispersions
      3. Chromatech Incorporated
      4. Proquimac
      5. Huntsman
      6. Neelikon Food Colours & Chemicals Ltd.
      7. LANXESS
      8. Radha Krishna Pigments Co.
      9. Ultramarine and pigments ltd.
      10. Kao Corporation
  7. Analyst Views
  8. Future Outlook of the Market