Code: MTA4324 | Publication Date: Jun 2025 |
This growth is driven by rising demand in sectors such as construction, automotive coatings, plastics, and printing inks. Urbanization, infrastructure expansion, and a growing paints and coatings sector are significantly influencing pigment consumption. Furthermore, the increasing use of eco-friendly and high-performance pigments (as well as organic and specialty pigments) is changing the competitive dynamic. The market is furthermore witnessing the demand toward sustainable manufacturing processes, driven by stringent environmental regulations and consumers' increasing preference for green products.
Company Name | Heubach Colorants India Ltd. (formerly Clariant India) |
Establishment Year | 1956 |
Headquarter | Navi Mumbai, Maharashtra, India |
Official Website | - |
A leading specialty pigment manufacturer in India, producing pigments and preparations for textiles, paints, leather, and agrochemicals. The local arm of global Heubach Group adds international technology and reach.
Company Name | Atul Ltd. |
Establishment Year | 1947 |
Headquarter | Valsad, Gujarat, India |
Official Website |
A major Indian speciality chemicals company making reactive, sulphur, and pigment dyes. With over 1,300 formulations, it supplies to over 4,000 customers across industries.
Company Name | Vipul Organics Ltd. |
Establishment Year | 1972 |
Headquarter | Maharashtra, India |
Official Website |
Specializes in specialty pigment dispersions and intermediates for coatings, inks, and paper, maintaining strict quality standards and a market cap around INR 1,000 crore.
Company Name | Asahi Songwon Colors Ltd. |
Establishment Year | 1990 |
Headquarter | Gujarat, India |
Official Website |
Produces phthalocyanine pigments for coatings and plastics, focusing on eco-friendly solutions. It has built a global reputation with a market cap around INR 800 crore.
Company Name | Colourtex Industries Pvt. Ltd. |
Establishment Year | 1967 |
Headquarter | Gujarat, India |
Official Website | - |
A major Indian pigment supplier producing reactive dyes, pigments, and intermediates. Its focus is sustainable manufacturing and robust marketing in domestic and export markets.
Company Name | Trust Chem (India) Pvt. Ltd. |
Establishment Year | 1997 |
Headquarter | Mumbai, Maharashtra, India |
Official Website | - |
Manufactures both organic and inorganic pigments for paints, coatings, and textiles, with REACH-compliant, environmentally conscious practices and a market cap of about INR 700 crore.
Company Name | Kiri Industries Ltd. |
Establishment Year | 1974 |
Headquarter | Surat, Gujarat, India |
Official Website |
A prominent producer of pigment intermediates and dyes for textiles, leather, and plastics. Known for sustainable processes and award-winning R&D efforts.
Company Name | Golchha Pigments Pvt Ltd |
Establishment Year | 1986 |
Headquarter | Rourkela, Odisha, India |
Official Website |
One of India’s largest manufacturers of synthetic iron oxide pigments (red/yellow/black), and the first in India to produce micronised red oxides <10 µm.
Company Name | Meghmani Pigments |
Establishment Year | in Gujarat (details on Tradeindia) |
Headquarter | Gujarat, India |
Official Website | - |
One of the world’s largest pigment manufacturers with ~14% global share. Its six ISO-certified facilities supply pigments to over 75 countries.
Company Name | Sudarshan Chemical Industries Ltd. |
Establishment Year | 1951 |
Headquarter | Mumbai, Maharashtra, India |
Official Website |
India’s top pigment producer with around 35% market share. They manufacture a wide range of organic and inorganic pigments used in inks, coatings, plastics, and cosmetics and rank among the top three global players.