(MENAFN- Comserve) Shibuya-ku, Tokyo, Japan, Japan, Nov 22, 2021, 01:35 /Comserve / -- MarkNtel Advisors' research report titled“Saudi Arabia Masterbatch Market Analysis, 2020”, the Masterbatch market is projected to register a CAGR of around 6% during 2020-25.
According to MarkNtel Advisors' research report titled“Saudi Arabia Masterbatch Market Analysis, 2020”, the Masterbatch market is projected to register a CAGR of around 6% during 2020-25. The white masterbatch is a raw material used in a wide range of applications such as lamination, extrusion coating, protective films etc.. The white masterbatch acquired the highest market share in the Saudi Arabia Masterbatch market in 2019 due to its wide arena of usage in the packaging industry.
The rise in the polymers and packaging industry further fuelled the demand for white masterbatches as these chemicals are majority used in thermo-forming, protective films, blow moulding and injection moulding. Moreover, large-scale investments by polymers manufacturers and rapid industrialization across Saudi Arabia. In the healthcare industry, these masterbatches are used to produce surgical masks, medical apparatus, medical machines, gloves, and other medical and surgical devices. The growth in investments across the healthcare sector can greatly catalyze the demand for white masterbatches in Saudi Arabia.
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The Final Report will cover the impact analysis of COVID-19 on this industry: Saudi Arabia Masterbatches Market Insights by Emerging Trends, Future Growth, Revenue Analysis, Demand Forecast 2020
The construction sector captured a significant market share in the Saudi Arabia masterbatch market in 2019. In terms of building and construction activities, a masterbatch is widely used for applications with regard to house wrap and lumber wrap which are protecting packaging which is used to safeguard woods . Masterbatches are also consumed to produce various household appliances for better heat stability, gloss, and shine. The upcoming projects for the construction in hospitality, residential, and healthcare sectors are anticipated to strongly contribute to the growth of Saudi Arabia Masterbatch market.
According to MarkNtel Advisors, the key players capturing a considerable market share in the Saudi Arabia Masterbatch market include Clariant Masterbatches, Ingenia Polymers, Astra Polymers, LyondellBasell, Ampacet Corporation, PolyAlwan Plastic Factory, etc. The companies are acquiring various firms to gain a competitive edge in the industry and enhance their respective growth.
Fill This Form and get the Sample Copy of This Report:
The Final Report will cover the impact analysis of COVID-19 on this industry: Saudi Arabia Masterbatches Market Insights by Emerging Trends, Future Growth, Revenue Analysis, Demand Forecast 2020
Key Questions Answered in the Market Research Report
1. What are the key overall market statistics or market estimates (Market Overview, Market Size- By Value, Forecast Numbers, Market Segmentation, Market Shares) of Saudi Arabia Masterbatches Market?
2. What are the region wise industry size, growth drivers and challenges key market trends?
3. What are the key innovations, upgrades, opportunities, regulations in the Saudi Arabia Masterbatches Market?
4. Who are the key competitors or market players and how they perform in Saudi Arabia Masterbatches Market on the basis of competitive benchmarking matrix?
TABLE OF CONTENT
1. Introduction
1.1. Research Process
1.2. Assumption
1.3. Market Segmentation
1.4. Market Definition
2. Executive Summary
3. Macroeconomic Outlook
4. Saudi Arabia Masterbatch Market Outlook, 2015-2025F
4.1. Market Size & Analysis
4.1.1. Quantity Sold
4.1.2. Market Revenues
4.2. Market Share & Analysis
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