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Who is the largest pigment manufacturer in India | Market Leader 2025

Code: MTA4324 Publication Date: Jun 2025

Who is the largest pigment manufacturer in India?

According to ÂÌñÉç internal database and industry insights, India pigment market is projected to grow, reflecting a compound annual growth rate (CAGR) of approximately 9.2%.

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.

 List of the pigment manufacturer in India

1. Heubach Colorants India Ltd. (formerly Clariant India)

Company NameHeubach Colorants India Ltd. (formerly Clariant India)
Establishment Year1956
HeadquarterNavi 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.

2. Atul Ltd.

Company NameAtul Ltd.
Establishment Year1947
HeadquarterValsad, 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.

3. Vipul Organics Ltd.

Company NameVipul Organics Ltd.
Establishment Year1972
HeadquarterMaharashtra, 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.

4. Asahi Songwon Colors Ltd.

Company NameAsahi Songwon Colors Ltd.
Establishment Year1990
HeadquarterGujarat, 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.

5. Colourtex Industries Pvt. Ltd.

Company NameColourtex Industries Pvt. Ltd.
Establishment Year1967
HeadquarterGujarat, 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.

6. Trust Chem (India) Pvt. Ltd.

Company NameTrust Chem (India) Pvt. Ltd.
Establishment Year1997
HeadquarterMumbai, 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.

7. Kiri Industries Ltd.

Company NameKiri Industries Ltd.
Establishment Year1974
HeadquarterSurat, 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.

8. Golchha Pigments Pvt Ltd

Company NameGolchha Pigments Pvt Ltd
Establishment Year1986
HeadquarterRourkela, 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.

9. Meghmani Pigments

Company NameMeghmani Pigments
Establishment Yearin Gujarat (details on Tradeindia)
HeadquarterGujarat, 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.

10. Sudarshan Chemical Industries Ltd.

Company NameSudarshan Chemical Industries Ltd.
Establishment Year1951
HeadquarterMumbai, 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.

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