Arylamide Pigments Market Size

Arylamide Pigments Market size is anticipated to reach USD 29 Billion by the end of 2036, growing at a CAGR of 6% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of arylamide pigments was USD 13 Billion. Since this category of pigments offers a wide variety of hues and tints, it is anticipated that its sales will increase due to the growing need for pigments in a variety of end-use sectors, including paintings & coatings, inks, plastics, paper, pulp, etc. For instance, China and the United States are the world's two biggest producers of paper. China's paper production has surged to a high of 117 million metric tons in 2020, whereas the United States has seen a decline in paper production in recent decades.  Therefore, the growing production of paper is also accelerating the market growth. As a result, the need for a wider range of ink colors is increasing internationally, which is driving up the consumption of pigments, particularly those in the arylamide category. As a result, the textile industry is expanding, which is driving up demand for high-end clothing and increasing the need for pigments.

Arylamide pigments are witnessing a major trend in the industry because of their better performance attributes when compared to other pigment kinds. Producers are concentrating on creating sophisticated arylamide pigments with improved qualities and more potential applications. In order to obtain a competitive advantage in the arylamide pigments market, major businesses in the highly competitive field spend on research and development.