Pigments can be considered as the heart and the soul of the textile industry, although pigments and dyes are used in a most of industries, right from coating to construction and everything in between. However, it is estimated that around 70% of pigments produced are consumed by the textile industry alone.  Thus, textile industry is the primary consumer of pigments.

According to the research conducted by the Global Industry Analysts Inc, the global pigment market is set to grow to 9.9 million tons in volume and $26.53 billion in value, by 2017. The massive growth of the pigment and dyes industry is attributed to the growth in the key industries that are using the pigments. But in addition, the demand is also on the rise because of the growing consciousness of the people towards environmentally friendly products. Also, we see a shift towards high pigment concentration and bright aesthetics, which also helps in boosting the demand of dyes and pigments. Thus, we would be witnessing an unprecedented high demand for organic pigments and high performance dyes.

Asia- Pacific region has emerged as the leading consumer of pigments and dyes owing to several factors. The growth can be attributed to the migration of manufacturing industry from the western world to the east because of the low operational cost and strict environment compliance laws. The demand for organic pigments and dyes would be largest in China, while India ranks second in the consumption of organic pigments and dyes.

While currently the demand for in organic pigments is much greater in terms of value and volume, the organic pigment shows the volume growth at accelerated pace. Research indicates that both traditional and classic products would continue to lead the market; the surge would also be seen in the low end products.

The growing demand for neon and fluorescent colors in the fashion industry in the recent years has created demand for brightly colored pigments. Also, since the pigments are cost effective and leave less carbon footprint, we would see massive surge for the pigments in the coming years.

All in all, pigments offer low cost, eco-friendly printing and dyeing solution to textile and as such, we will see thrust in demand for many, many years to come.