Plastic Pigments Market - Historic Data (2019-2024), Global Trends 2025, Growth Forecasts 2037
Plastic Pigments Market in 2025 is estimated at USD 15.11 billion. The global Market size was over USD 14.12 billion in 2024 and is anticipated to witness a CAGR of around 8.8%, crossing USD 42.27 billion revenue by 2037. Asia Pacific is expected to achieve USD 14.79 billion by 2037, driven by increasing construction activities and large-scale projects like “Smart City” in China and India.
The expansion of the plastic industry is the driving force behind the growth. Plastic's versatility has prompted the population to produce more plastic, which is expected to fuel market growth. Plastic pigments are organic or inorganic particles that are added to the polymer base to give the finished product a specific color or functional advantage. For instance, the most widely used inorganic pigment in the plastics industry is titanium dioxide, which is also known as the best white pigment in the world. Furthermore, owing to its superior physical characteristics, it is commonly used in coatings and plastics.
The rising packaging industry across the globe is believed to fuel market growth. Owing to the expansion of the packaging industry, the demand for plastic pigments also increases since producers require more pigments to produce colored plastic packaging. Besides this, plastic pigments are also used in the creation of personalized packaging.