The Global Masterbatch Market accounted for USD 9.97 billion is projected to grow at a CAGR of 5.2% during the forecast period of 2019 to 2026.
Masterbatch is a concentrated blend of pigments and additives which can be either in plastics, rubber or elastomers and is used in automotive industry during manufacturing. This helps manufacturers make a product cost effective, safe, with reduced carbon emission along with fuel efficiency. Apart from automotive, it can be used in packaging, building & construction, agriculture, consumer goods and textile industries.
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Major Key players profiled in this report are:
Clariant, Cabot Corporation, A. Schulman, Hubron International, Ampacet Corporation, PolyOne Corporation, Plastika Kritis S.A., Penn Color, Inc., Rtp Company, AMERICHEM, AF Color, High Technology Masterbatches S.L, Changzhou Pulaike Hongmei Masterbatch Co., Ltd., Alok Masterbatch, Meilian Chemical Co., Ltd., O’neil Color & Compounding and Gabriel-Chemie Gesellschaft m.b.H. among others.
Major Market Drivers:
- Increasing demand for plastics in the automotive industry
- Growing importance of eco-friendly colors and additives
- Awareness about the importance of masterbatch in making packaging attractive
Masterbatch Market research report answers many critical business questions and challenges related to industry and prove to be a go-to solution. This market report deals with the market research of the ABC industry by considering several parameters that are affecting the business growth. An all-inclusive market information and data of the report will surely grow business and improve return on investment (ROI). The report acts as a precious backbone for the expansion of industry. It is a valuable source for the best market and business solutions for ABC industry in this rapidly altering market place.
On the basis of type, global masterbatch market is segmented into color, additive, filler, black and white. Color masterbatch is sub segmented into standard, tailor-made and specialty color. Specialty color is further sub segmented into metallic, pearlescent, phosphorescent and fluorescent.
On the basis of polymer, global masterbatch market is segmented into polypropylene, polyethylene, polyurethane, polystyrene, polyvinyl chloride, polyethylene terephthalate, polycarbonate, polyamide, and acrylonitrile butadiene styrene. Polyethylene is sub segmented into low-density polyethylene and high density polyethylene.
On the basis of application, global masterbatch market is segmented into packaging, revenue pocket matrix, building & construction, automotive, agriculture, consumer goods and textiles. Packaging is sub segmented into rigid packaging and flexible packaging. Building and construction is sub segmented into pipes & fittings, siding, fences & fenestrations and doors & windows. Automotive is sub segmented into interior and exterior. Consumer Goods are sub segmented into electronics, furniture and footwear.
On the basis of geography, global masterbatch market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific, and Middle East & Africa.
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