Bio-based Pigments and Dyes Market

Bio-based Pigments and Dyes Market Outlook (2024 to 2034)

Worldwide revenue from the bio-based pigments and dyes market is estimated to stand at US$ 31.29 billion in 2024 and is slated to increase at a CAGR of 4.5% to reach US$ 48.58 billion by 2034.

The market for bio-based pigments is driven by the worldwide trend of decreasing dependency on fossil fuels, which is echoed by several industries trying to reduce their carbon footprints. Without a doubt, this tendency has to be taken into account in the broader context of business responsiveness and adherence to sustainability standards. It is ascribed, in part, to statutory mandates.

The global trend of less reliance on fossil fuels, which is mirrored by several businesses attempting to lessen their carbon footprints, is driving the market for bio-based pigments and dyes. This trend has to be considered in the larger context of corporate sustainability standards compliance and response. It is partially attributed to legal requirements. The market is also driven by the worldwide trend of decreased reliance on fossil fuels, which is reflected by several enterprises trying to reduce their carbon footprints. This tendency is taken into account within the broader framework of business sustainability standards compliance and reaction and explained by the needs of the law.

Pigments are insoluble substances that are used to provide color to a variety of materials, including paints, inks, plastics, papers, rubber, concrete blocks, tiles, and cosmetics. They play a crucial role in our daily lives. Pigments include Prussian blue, azo pigments, mica powder, ultramarine, YinMn blue, and Alizarin red. Pigments provide substrates with vivid hues, which improves the visual attractiveness of items. When exposed to light, the electrons in pigment molecules hold varying degrees of energy. Colors occur because of their capacity to either reflect or absorb certain wavelengths of light.

With the market evolving around the world, particularly in South Asia & Pacific, the market in India is forecasted to advance at a CAGR of 6.7% between 2024 and 2034, holding a market share of 58.6% by the end of 2034

Report Attribute	Detail
Bio-based Pigments and Dyes Market Size (2024E)	US$ 31.29 Billion
Forecasted Market Value (2034F)	US$ 48.58 Billion
Global Market Growth Rate (2024 to 2034)	4.5% CAGR
Eastern Europe Market Value (2024E)	US$ 1.78 Billion
Mexico Market Value (2034F)	US$ 1.83 Billion
Microorganisms Segment Growth Rate (2024 to 2034)	4.6% CAGR
Canada Market Value (2024E)	US$ 1.36 Billion
Key Companies Profiled	Pili; Stony Creek Colors; Sea colors; Treffert; Clariant; Horizon Research Lab.

Primary Drivers Influencing the Bio-based Pigments and Dyes Market

The inherent values and characteristics of natural safety drive demand for bio-based pigments and dyes. Aggregate claims for bio-based pigments and dyes are emerging from the pharmaceuticals, cosmetics, and food and beverage industries. These industries are likely to fetch more demand in the forecast duration owing to the consistent growth in these markets.

Rising environmental consciousness is propelling demand for sustainable pigments and dyes in the market. The majority of preference for bio-based products is because customers see them as alternatives for synthetic options likely to drive demand trajectory upward in the forecast duration.

Use in multifaceted applications and strengths in colors are characteristics marking the mainstay of bio-based pigments and dyes. The products matching the needs of customers are increasing the scope for customer loyalty in upcoming years, impacting positively on the manufacturers’ innovation.

Bio-based Pigments and Dyes: Alternatives that are the right for the future environment

Bio pigments find application in the making of bioplastic, which is considered a strong alternative to conventional plastic products. The industrially produced plastic previously consisted of cellulose factors. Moreover, with rise in research and gradual environmental awareness invited new interesting ways the making bioplastics.

The material properties, such as durability and degree of deformation, be controlled during the manufacturing process. These bio-based pigments and dyes have application production of long-life items.

There are “colorants” that determine the material’s appearance. There are broadly two kinds of colorants used to color products: pigments and dyes. These pigments may be either organic or inorganic in structure. Moreover, they are insoluble both during the processing of plastics and even as a final product. Organic pigments normally being preferred due to lower opacity and greater color strength.

Other factors that need to be focused on by manufacturers include color particle size and dispersion. On the other hand, dyes are capable of dissolving into materials that keep the transparent appearance of products intact. However, manufacturers need to research the durability of bio-based pigments and dyes for more sustainable product creation.

Restraints in Product Management

There is a certain amount of confusion associated with the term natural pigment owing to no legal definition for what could be natural. There is no specific definition adopted for natural, which leads to confusion among both consumers and manufacturers in the bio-based pigment and dyes industry. With the lower risk advantage and non-carcinogenic properties, there is rising interest in the development of natural colors.

Segment wise analysis

Changing Textile industry: Bio Pigments, Natural Polymers, Bacterial Dyes

The textile industry is likely to see fasted CAGR in terms of demand for bio-based pigments and dyes owing to rising apparel demand propelled by an accelerating population rate. The rising population globally has contributed to growth in textile-led demand for natural polymers.

After bioplastics, bio-ink is elevating the application sector for bio-based pigments and dyes in the forecast period. The coloration process has been associated with the textile sector since ancient times, so as the environmental challenges in the dying process.

Major challenges of the textile dying process are water contamination and the use of harmful synthetic chemicals. The bio-based pigments and dyes can address this issue to a great extent. There is rising research on the use of fungal pigments in the textile industry. Their non-toxicity, higher yield during production, and natural safety are likely to make bio-based pigments and dyes popular as promising alternatives for synthetic dyes in the forecast period.

Microbial pigments are in demand owing to research on food colors

Microbial pigments are useful in food sectors such as carotenoids, melanins, and violaceus, in food color making. The need to change food colors from synthetic to natural drives the demand for microbial pigments. The research in natural food colors has contributed to shifting the perspective toward microbial pigments.

The World Health Organization (WHO) and the United States Food and Drug Administration (FDA) have authorized the use of controlled dosages of these colors in cosmetics, food, and drugs. This anticipated rising demand for microbial pigments in the assessment period.

Regional Insights

The sales in the Asia Pacific region are centered in two countries – India and China. The main reason for this rise is the higher rate of population growth. The rising populace demands more from the food and textile industry, where dyes and pigments have direct applications. This is anticipated to become a major market for the food and apparel sector. This region is expected to rise with the fastest CAGR for the forecast period.

The North American region, including Canada likely to see positive statistics in forecast duration owing to the rise in research in biotechnology.

Moreover, European countries like Germany and France are likely to see sluggish growth prospects owing to steady trends in the pharmaceuticals and food sectors. The top 13 manufacturers in the paint industry in Europe have acquired noteworthy market share, which signifies the dominance of a few companies in this region.

Recent development

Corporations and states across the globe are paying attention to rising concerns about global warming and pollution levels. The governments in this regard have started to form regulations and create awareness of environmentally sustainable manufacturing.

Guided by the need for sustainability, manufacturers across the globe shifted focus from synthetic to bio-based products. The paint coating industry is not an exception. This industry has a scattered share yet high competition. The local manufacturers in the paint industry have higher power to bargain and take advantage of customer loyalty. At the same time, international players are trying mergers and acquisitions to increase their brand identity and geographical reach.

• In the Asia-pacific region, in 2019, Nippon Paint recorded the highest market share with approx. 7.74%. The company was followed by Akzonobel (4.54%), Sherwin Williams (4.20%), and Kansai Paint (4.20%).
• Stony creek colors company recently developed farms to fashion supply chain network which integrates the color with life technology to progress with plant-based dyes for their apparel product range.
• In 2021 RPM International company purchased a Texas manufacturing plant intended to meet the rising demand of customers and enhance operational efficiencies.

Segmentation of Bio-based Pigments and Dyes Market Research

• By Production :

  • Microorganisms
  • Plant Origin Material

• By Application :

  • Textiles
  • Pharmaceuticals
  • Cosmetics
  • Pens & Inks
  • Bio Plastic
  • Food & Beverage

• By Region :

  • North America
  • Western Europe
  • Eastern Europe
  • Latin America
  • East Asia
  • South Asia & Pacific
  • Middle East & Africa