Masterbatch Market Key Vendors, Raw Materials Analysis and Future Projections till 2022
The Global Masterbatch Market is subject to witness a substantial growth due to the rise in the demand for plastics to substitute metal in end-user industries such as automobile, construction, consumeru2019s goods, and packaging. Additionally, the rise in demand from various regions across the globe are key factors responsible for the growth of the market in recent years. Color masterbatch is one of the fastest growing segment with substantial revenue generation in recent years. Globally, the market is predicted to grow at CAGR of 5.9% in forecast period, providing numerous opportunity for market players to invest for research and development in the masterbatch market.
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