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Top pigment companies in India | Top Market Players 2025

Code: MTA3954 Publication Date: Jun 2025

Top pigment companies in India

India Pigment Market is forecast to grow at a CAGR of 8.5% in the coming years.

The major driver of growth is the increase in paints & coatings demand, which will benefit from a fast pace of construction, growing automobile production, and improvements to infrastructure. Other developments include the transfer from import-reliant supply chains to more domestic and export trade, environmental regulations creating a need for consistent inorganic pigments, and growing innovation into environmentally-friendly solutions and specialty pigments.

The further expansion of this market will be driven by modernisation to textile manufacturing, increasing demand for plastic and flexible packaging, and policies encourageng alternatives to organic pigments and safer colourants, and government support in the form of PLI schemes to support the development of domestic chemical production in India.

1. Heubach Colorants India Ltd.

Company NameHeubach Colorants India Ltd.
Establishment Year1956
HeadquarterNavi Mumbai, Maharashtra
Official WebsiteÌý-

Formerly known as Clariant Chemicals India Ltd., Heubach Colorants is a leading manufacturer of specialty pigments and dyes. They serve various sectors, including textiles, leather, paints, plastics, and printing, with a focus on sustainable and high-performance products.

2. Meghmani Pigments Ltd.

Company NameMeghmani Pigments Ltd.
Establishment Year1986
HeadquarterAhmedabad, Gujarat
Official WebsiteÌý-

Meghmani Pigments is one of India's largest pigment manufacturers, holding a 14% global market share. The company operates six ISO-certified production facilities and exports to over 75 countries, focusing on technological advancements and innovation.

3. AksharChem India Ltd.

Company NameAksharChem India Ltd.
Establishment Year1989
HeadquarterMehsana, Gujarat
Official WebsiteÌý-

AksharChem is renowned for its vinyl sulphone and pigment intermediates. The company operates with a zero-liquid discharge policy, ensuring environmental sustainability while delivering high-quality pigment solutions.

4. VIBFAST Pigments Pvt. Ltd.

Company NameVIBFAST Pigments Pvt. Ltd.
Establishment Year1992
HeadquarterAhmedabad, Gujarat
Official Website

VIBFAST specializes in manufacturing a wide range of pigments, including Phthalocyanine, Azo, HPP, Chrome, and Ultramarine Blue. The company emphasizes quality and innovation, offering products that are REACH-registered and certified for halal and kosher standards.

5. Colourtex Industries Pvt. Ltd.

Company NameSaint Gobain
Establishment Year1967
HeadquarterSurat, Gujarat
Official Website

Colourtex is a prominent player in the pigment industry, offering a diverse range of products. Their modern manufacturing facilities and commitment to environmental sustainability make them a trusted name in the sector.

6. Axim India Pvt. Ltd.

Company NameAxim India Pvt. Ltd.
Establishment Year1995
HeadquarterMumbai, Maharashtra
Official Website

Axim India specializes in pigment powder and emulsion preparations, catering to various industries. Their commitment to quality and customer satisfaction has established them as a reliable supplier in the pigment sector.

7. Fineotex Chemical Ltd.

Company NameFineotex Chemical Ltd.
Establishment Year1979
HeadquarterMumbai, Maharashtra
Official Website

Fineotex Chemical manufactures specialty performance chemicals and enzymes for various industries, including textiles, water treatment, and construction. Their commitment to quality and innovation has earned them recognition in the chemical manufacturing sector.

8. Narayan Group of Companies

Company NameNarayan Group of Companies
Establishment Year1985
HeadquarterAhmedabad, Gujarat
Official Website

Narayan Group is a leading manufacturer of pigments in India, with five manufacturing facilities and an installed capacity of 18,000 MT/year. They have a strong presence in over 30 countries, focusing on quality and competitive pricing.

9. Trust Chem (India) Pvt. Ltd.

Company NameTrust Chem (India) Pvt. Ltd.
Establishment Year1995
HeadquarterMumbai, Maharashtra
Official WebsiteÌý-

Trust Chem is an international pigment manufacturer offering a wide range of organic and inorganic pigments. With modern manufacturing facilities, they cater to both national and international markets.

10. Pidilite Pigments

Company NamePidilite Pigments
Establishment Year1959
HeadquarterMumbai, Maharashtra
Official Website

Pidilite Pigments is a leading manufacturer of organic pigments, serving industries such as coatings, plastics, and printing. With over 68 manufacturing units across India, they emphasize innovation and quality in their products.

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