Pigments are compounds that impart colors by transmitting or reflecting absorbed light of selected wavelengths. Besides coloration properties, pigments help to improve several functional features such as hiding power, opacity, transparency, light fastness, and durability. Pigments are widely employed in various end-users industries such as paints & coatings, printing inks, plastics, construction materials, personal care, and paper. Synthetic pigments are broadly classified into three major product segments: inorganic, organic, and specialty pigments. Inorganic pigments dominated the pigments market in the recent past. In terms of volume. Asia Pacific accounted for the largest share of the pigments market in 2014, followed by North America and Europe. Asia Pacific is expected to be the largest consumer of pigments during the forecast period.