(MENAFN- The Express Wire)
Posted on Jan 27 2022 3:57 AM
'Key companies covered Ampacet Corporation, PolyOne, Plastika Kritis S.A., Hubron (International) Limited, Penn Color, Inc., Clariant, A. Schulman, Inc., Cabot Corporation, Plastiblends India ltd., Tosaf compounds, and more players profiled in masterbatch market research report
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The global masterbatch market size is likely to reach USD 16.35 billion by 2026 owing to the rising number of building and construction activities worldwide. Masterbatches are liquid or solid additive used for painting or for imparting various properties to the plastics. Coloring Masterbatch are utilized for coloring or shading plastic items. It can also be used for conveying properties such as UV Stabilizer, antioxidant, effect, energy, and bio-degradable. A recent report by Fortune Business Insights offers insights into the market and its prime growth trajectories. As per the report titled, “Masterbatch Market Size, Share & Industry Analysis, By Type (White, Black, Color, Additive, and Fillers), By Polymer (Polyethylene, Polypropylene, Polyvinyl Chloride, Polyethylene Terephthalate, and Others), By End-Use (Packaging, Building & Construction, Consumer Good, Automotive, Agriculture, and Others), and Regional Forecast, 2019-2026,” the value of the market was USD 10.99 billion in 2018 and is likely to exhibit a CAGR of 5.3% during the forecast period, 2019 to 2026.
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Name: Mr. Ashwin Arora
Email: sales [@] fortunebusinessinsights [.] com
Phone: US +1424 253 0390 / UK +44 2071 939123
What is the Scope of the Report?
The report is based on an in-depth analysis of the market and offers a comprehensive ve overview of the same. The report focuses on factors boosting, repelling, challenging, and creating opportunities for the market. It also discusses the table of segmentation of the market based on factors such as type, polymer, end-use, and geography and lists the names of the leading segment with its attributed factors. In addition to this, the report throws light on recent industry developments, current trends, and other interesting insights into the market. It also lists the names of players operating in the market and the major strategies adopted by them to gain a competitive edge in the market.
Masterbatch Market Drivers:
Rise in Demand for Plastic from the Pharmaceutical Industry for Packaging will Bolster Growth
Various factors are responsible for the global Masterbatch market growth. These include the rise in construction activities for all residential, commercial, and industrial purposes, increasing demand for automobiles, especially lightweight vehicles, and the increasing preference for plastic goods worldwide. On the contrary, factors such as the fluctuating price of raw materials such as titanium dioxide, polymers, and others with a high volatile nature may pose a major challenge to the overall market. Nevertheless, increasing demand for plastic packaging from sectors such as food and beverage and pharmaceuticals are likely to create lucrative growth opportunities for the market in the coming years.
Regional Segmentation:
Asia Pacific to Continue Dominance with Increasing Consumer Expenditure on Infrastructural Development
In 2018, Asia Pacific emerged dominant in the market with a revenue of USD 3,998.14 Million. This is attributed to the high demand for packaging from key economies such as China, India, and Taiwan. Besides this, the rise in consumer expenditure on power and the increasing demand for plastic goods will also help promote the regional market in the forthcoming years. Furthermore, the rapid growth of packaging, consumer goods, and automotive companies and the rise in agriculture sectors is anticipated to help this region continue dominating the market in the coming years.
On the other side, the market in Europe will witness remarkable growth on account of the rising demand from industries such as automotive, building and construction, and the rising popularity of lightweight vehicles in the region.
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Competitive Landscape:
Fragmented Nature of Market will Intensify Competition
The global Masterbatch market enjoys a fragmented nature of the market owing to the presence of various players both small and medium-sized. Companies are aiming at a large network of distribution and providing a good supply chain with regulatory expertise. Other players are engaging in collaborative efforts such as joint ventures, partnerships, mergers and acquisitions, contracts and agreements, and others to gain a competitive edge in the market on the one side and earn attracting revenue on the other.
List of Masterbatch Market Manufacturers include:
- Ampacet Corporation
- PolyOne
- PLASTIKA KRITIS S.A.
- Hubron International
- Penn Color Inc.
- Clariant
- Schulman, Inc.
- Cabot Corporation
- Plastiblends
- Tosaf
- Other Players
Major Industry Developments of the Market include:
February 2019 – PLA Masterbatch were launched by Viba, a masterbatch producer in Italy. It is a range of color concentrating additives or combining Masterbatch based on a PLA carrier material and optimized for various processing technologies.
December 2019 – Clariant Color and Masterbatch Additives Company were acquired by PolyOne Corporation for introducing specialized technology and solutions to the end-user market for apparel, packaging, and healthcare.
Detailed Table of Content:
- Introduction
- Research Scope
- Market Segmentation
- Research Methodology
- Definitions and Assumptions
- Executive Summary
- Market Dynamics
- Market Drivers
- Market Restraints
- Market Opportunities
- Key Insights
- Key Emerging Trends – For Major Countries
- Key Developments: Mergers, Acquisition, Partnership, etc.
- Latest Technological Advancement
- Insights on Regulatory Scenario
- Porters Five Forces Analysis
- Global Masterbatch Market Analysis, Insights and Forecast, By Type, 2015-2026
- Key Findings / Summary
- Market Analysis, Insights and Forecast – By Type
- White
- Black
- Color
- Additive
- Fillers
TOC Continued…!
Browse In-depth Summary of This Research [email protected]
Name: Mr. Ashwin Arora
Email: sales [@] fortunebusinessinsights [.] com
Phone: US +1424 253 0390 / UK +44 2071 939123
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Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.
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