The global Color Masterbatch market is estimated to be USD xxxx million in 2019 and is expected to reach USD xxxx million by 2026, with a CAGR of xxxx% during the forecast period.
Color Masterbatch is a solid or liquid additive for plastic used for coloring plastics (color masterbatch) or imparting other properties to plastics (additive masterbatch). Masterbatch is a concentrated mixture of pigments and/or additives encapsulated during a heat process into a carrier resin which is then cooled and cut into a granular shape. Masterbatch allows the processor to color raw polymer economically during the plastics manufacturing process.
Market Insights
Color Masterbatch market is expected to witness growth due to the rising use of plastic in the automotive sector and the upsurge demand for industrial and household industry application.
Out of this, other factors are triggering the market as well, for instance, their utilization as the most preferred coloring method can give rise to numerous benefits like it possesses superior mechanical, physical, thermal, electronic properties when comparing with metals, even more, it is quite an effective solution for adding colorant with or without additives to polymer resin at the factory.
For applications, Packaging industry remains a leading segment among the global market, which thanks to the developing living standard along with the rapid globalization throughout the world, this, in turn, soaring great demand for such technologies in the packaging industry, especially for industrial and household use.
Amid global regions, the report highlights the market in Asia-Pacific areas prevails the largest market in terms of share, that is credited to the rising demand from the retail industry and the packaging sector as well. Important nations may likely to exhibit notable growth during the forecast period include Indonesia, India, Brazil, and other fast-growing developing countries.
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Competitive Outlook
The major global Color Masterbatch market competitors include Polyone, Plastika Kritis, Americhem, Plastiblends, A. Schulman, Ampacet, Tosaf, Penn Color, Polyplast Müller, Clariant, Cabot Corporation, Global Colors Group, etc.
Type Outlook
• PP
• PE
• PVC
• PET
End-User Industry Outlook
• Packaging
• Building & Construction
• Consumer Goods
• Automotive
• Agriculture
• Others
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Regions Covered in the Report:
North America
• United States
• Canada
• Mexico
Europe
• Germany
• UK
• France
• Italy
• Nordic Countries (Denmark, Finland, Iceland, Norway and Sweden)
• Spain
• Belgium
• Poland
• Russia
• Turkey
• Others
Asia-Pacific
• China
• Japan
• India
• South Korea
• Australia and New Zealand
• ASEAN Countries (Indonesia, Thailand, Malaysia, Singapore, Philippines, Vietnam, Others)
Latin America, Middle East & Africa
• GCC Countries (Saudi Arabia, United Arab Emirates, Qatar, Others)
• Brazil
• Nigeria
• South Africa
• Argentina
• Others
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The research report provides in-depth analysis on:
• The estimation of the growth rate, market size and share of the Color Masterbatch Market throughout the forecast period.
• The assessments for the regional market layout characteristics in the world.
• The SWOT of the Color Masterbatch Market.
• Leading manufacturers' profiles, product features, business features, target customer features.
• Significant trends for the growth prospects of the Color Masterbatch Market by 2026.
• The report tracks detailed information about merges, innovations, policies and recent developments in the industry.
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