Paint Pigments Market Share, Size, Global Trends, Forecast Till 2030 – Delvens

The global Paint Pigments market size was estimated at USD 28.62 billion in 2023 and is projected to reach USD 40.83 billion in 2030 at a CAGR of 5.21% during the forecast period 2023-2030.

Paint pigments are finely ground, coloured particles that are mixed into paint to give it colour. These pigments are responsible for the various hues and shades of paint. They can be derived from natural resources like minerals, plants, and animals, or they can be synthetically produced. Pigments are combined with a binder, such as oil, water, or acrylic, to create the paint mixture that can be applied to surfaces. The specific type and combination of pigments used determine the paint’s colour, opacity and other characteristics.