1 / 5

Masterbatch Market PDF

Masterbatch or MB is an additive for plastics that is majorly used to color plastic (color masterbatch) or confer beneficial physical properties to plastic (additive masterbatch). It is a highly concentrated mixture of pigments and additives, which generally occurs in the form of liquid or solid pellets.

pagrawal11
Download Presentation

Masterbatch Market PDF

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. Masterbatch Market Research Report - Global Forecast till 2025 Masterbatch Market Research Report - Global Forecast till 2025 P a g e | 1 Copyright © 2017 Market Research Future.

  2. Masterbatch Market Research Report - Global Forecast till 2025 1Summary The Global Masterbatch Market is projected to register a healthy CAGR of 6.52% during the assessment period (2019–2025). The demand for masterbatch is continuously growing across the globe on account of increasing demand for the advanced, high-performance materials from the major end-use industries, namely automotive, aerospace, packaging, and consumer goods, among others. Key Players: According to MRFR analysis, the key players in the global Masterbatch market are A. Schulman, Inc (US), Cabot Corporation (US), Clariant (Switzerland), PolyOne (US), Plastika Kritis SA (Greece), Ampacet corporation (US), Americhem, Inc (US), Astra Polymers (Saudi Arabia), ALOK (India), Hubron International (UK), GABRIEL-CHEMIE Group (Austria), Prayag Polytech (India), DongGuan HengCai Plastic Pigment Ltd (China), Plastiblends (India), POLYPLAST (Germany), GCR Group (Spain), Tosaf (Israel), RTP Company (US). P a g e | 2 Copyright © 2017 Market Research Future.

  3. Masterbatch Market Research Report - Global Forecast till 2025 2Market Overview Global Masterbatch Market is set to reach USD 11,903.45 million by the end of 2023, asserts Market Research Future (MRFR). MRFR analysis also concludes that the global market is expected to grow at a CAGR of 5.54% during the forecast period (2018-2023). The future of the global market is likely to be lucrative owing to opportunities in numerous end-use industries, which include packaging, building and construction, consumer goods, transportation, electrical and electronics, and textile. Moreover, growing demand for plastic as substitutes for various materials like metal, concrete, and steel in various end-use industries has worked tremendously in favor of the market. Regional Analysis: The global masterbatch market has been studied with respect to five key regions – Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Asia Pacific dominated the global market in 2017 with a 42.78% share and expects to reach USD 4,782.10 million by the end of 2023. The market in the region is presumed to grow at a modest CAGR of 6.13% on account of increasing demand for masterbatch in the packaging industry. Moreover, the growth trajectory can also be attributed to demand from the established automotive and transportation industry in the region. Rising consumer awareness coupled with favorable government initiatives in developing economies such as China, India, Malaysia, and South Korea have fueled the market growth as well. P a g e | 3 Copyright © 2017 Market Research Future.

  4. Masterbatch Market Research Report - Global Forecast till 2025 3Pages Segmentation By type, the market is segmented on the basis of color, white, black, and additive. Among these, the color masterbatch segment captured the largest share of the market in 2017 and projected to value USD 4202.4 million by the end of 2023. One of the main factors responsible for this growth is the excellent color distribution of color masterbatch throughout the final plastic product. Moreover, color masterbatches are easy to store, feed, and handle, when compared to powdered form pure colorants, a characteristic likely to propel its demand and drive the market growth. By application, the market is segmented on the basis of packaging, consumer products, building and construction, automobile industry, electrical and electronics, and others. Among these, the packaging application segment accounted for 38.90% of the market in 2017. The segment is holding its position among all segments on account of shifting trends in favor of using packaged consumer products. On the other hand, the automobile industry segment is expected to grow at the highest CAGR of 6.14% throughout the forecast period, due to the growing preference for engineered plastics which is deemed to be a strong and effective alternative to various metals, such as aluminum, steel, and other metal alloys, in the automotive industry. Intended Audience  Masterbatch Manufacturers  Suppliers and Traders  Government, Associations, and Industrial Bodies  Investors and Trade Experts  Consulting in Masterbatch Experts P a g e | 4 Copyright © 2017 Market Research Future.

  5. Masterbatch Market Research Report - Global Forecast till 2025 P a g e | 5 Copyright © 2017 Market Research Future.

More Related