Oceanic Dyechem understands the global pigments market was valued at over USD 22 billion in 2020, and the market is projected to register a CAGR of over 6% during the forecast period (2021-2026).Pigments are majorly used in paints and coatings production. These are engineered, enabling them to withstand the tough demands without compromising the coating performance. Major factors driving the market studied are rising demand from the paints and coatings industry.