Color Masterbatches Market is estimated to hit $11.64 Million by 2023
- Vasu T
- Nov 21, 2018
- 5 min read
According to the new market research report by IndustryARC titled, “Color Masterbatches Market: By Type (Special Effects, White, Black, Others); By Carrier (PE, PP, PS, ABS, PBT, PVC, Others); By Application (Blow Moulding, Film Extrusion, Others); By End-User (Automotive, Electronics, Medical, Textile, Others); By Geography - (2018-2023)”, the market is set to experience a substantial growth owing to the strong demand from the end-user segments across the world.
Color masterbatch brings dramatic color to plastic resins and all applications, wherein they find their application. There are different manufacturers who produce color masterbatches for polyolefin polymers and for various industry verticals, delivering hundreds of standard colors as well as custom formulations and color/additive combi-batches. From business machines and appliances to textiles, automotive components and packaging, designers, brand managers, and plastics processors rely on cutting-edge color technology and in-depth technical support. Color masterbatches have a wide range of end-user applications in automotive, electronic appliances, medicine packaging, textile, food & beverage packaging, and others. Among all the end-users, a textile end-user segment is projected to register the highest CAGR of 15.9% during the forecast period. In terms of revenue, Food and Beverage Packaging end-user segment are projected to reach $4916.1 Million by 2023 at 12.2% CAGR.
APAC continues to lead the market share and growth during 2018-2023.
Asia-Pacific is the dominating market for global color masterbatches Industry and held $2.986 billion in 2017 and estimated to reach $6361.5 Million by 2023 at 15.3% CAGR. APAC is dominating the market because of the increasing urbanization and population, followed by the Americas and Europe. Future growth in the international market hinges heavily on the developing economies in Asia-Pacific, South America, and Eastern Europe. China and India, especially, stand out as noteworthy markets, given the mass exodus of production activities (automotive & industrial) from developing countries to low-cost Asian countries. The ensuing increase in foreign investments and a rise in the number of new manufacturing establishments will allow Asia-Pacific to emerge as a prime driver of growth.
The American region is projected to grow at a rate of 9.5% CAGR during the forecast period.
Selected / Sample Analysis done in the full Report:
The above graph indicates the pricing trends for color masterbatches market globally, across different end-user verticals from 2018 - 2023. The average price of the masterbatches mentioned for various applications is likely to follow a similar trend.
Color masterbatches are supposed to be amongst the cheapest additives for polymers, owing to their specific quality as well as the quantity of use in any application. In this market price, it is directly related to the demand of the products and is anticipated to have a stagnant price in the coming future, despite the presence of aggressively growing end-user verticals such as automotive and packaging sector.
There is a constant decline in the prices for masterbatches due to the declining prices in their feedstocks. On average, the price of color masterbatches is estimated to remain stagnant during the forecast period from 2018 to 2023.
Excerpts on Market Growth Factors Mentioned in the Full Report:
Strong demand from the packaging and consumer goods industry, low-cost production requirements for packaging and more are the chief drivers of color masterbatches.
Rising demand for plastic products and a decline in feedstock prices have instigated the color masterbatches to demand globally.
Food and beverage packaging had the highest share for color masterbatches market due to the increasing demand for packaged products in countries like China, India, Germany, France, and the U.S.
To access the full report browse the link below
Key Players of the Color Masterbatches Industry:
A. Schulman and Ampacet Corporation are the two key market players in the color masterbatches market. While Ampacet occupies 21% of the market, Schulman has a market share of 18% in the global market. Ampacet is one of the major players in the masterbatches market, with a wide range of product offerings that enable plastic product manufacturers to produce consistent colors for their products. Ampacet offers black, white and color masterbatches as well as a wide range of additives. The company supplies a wide range of color masterbatches and hence, is usually priced above the average market price.
Color Masterbatches Industry Report is Segmented as below.
Color Masterbatches Industry By Type:
Standard Color Masterbatches
White Masterbatches
Black Masterbatches
Special Effect Masterbatches
Others
Color Masterbatches Industry By Carrier:
PE (Polyethylene)
PP (Polypropylene)
PS (Polystyrene)
ABS (Acrylonitrile butadiene styrene)
PBT (Polybutylene terephthalate)
PVC (Polyvinyl Chloride)
Others
Color Masterbatches Industry By Application:
Injection Molding
Blow Molding
Film Extrusion
Rotational Molding
Others
Color Masterbatches Industry By End User:
Automotive
Electronic Appliances
Medicine Packaging
Textile
Food and Beverage Packaging
Others
Color Masterbatches Market By Geography ( Covers 15+ Countries )
Color Masterbatches Market Entropy
Companies Cited / Interviewed
PolyOne Corporation
Polyplast Müller GmbH
CLARIANT AG
Cabot Corporation
Milliken & Company Inc.
Company 9
Company 10
Company 11
Company 12+
What can you expect from the report?
The Color Masterbatches Market Report is Prepared with the Main Agenda to Cover the following 20 points:
Market Size by Product Categories
Market trends
Manufacturer Landscape
Distributor Landscape
Pricing Analysis
Top 10 End-user Analysis
Product Benchmarking
Product Developments
Mergers & Acquisition Analysis
Patent Analysis
Demand Analysis ( By Revenue & Volume )
Country-level Analysis (15+)
Competitor Analysis
Market Shares Analysis
Value Chain Analysis
Supply Chain Analysis
Strategic Analysis
Current & Future Market Landscape Analysis
Opportunity Analysis
Revenue and Volume Analysis
Frequently Asked Questions:
Does IndustryARC publish country, or application based reports in Color Masterbatches?
Response: Yes, we do have separate reports and database as mentioned below:
Americas Market for Color Masterbatches (2018-2023)
APAC Market for Color Masterbatches (2018-2023)
Europe Market for Color Masterbatches (2018-2023)
Black Masterbatches Market for Color Masterbatches (2018-2023)
Food and Beverage Industry Market for Color Masterbatches (2018-2023)
Does IndustryARC provide customized reports and charge additionally for limited customization?
Response: Yes, we can customize the report by extracting data from our database of reports and annual subscription databases. We can provide the following free customization
Increase the level of data in the application or end user industry.
Increase the number of countries in geography or product chapter.
Find out market shares for other smaller companies or companies which are of interest to you.
Company profiles can be requested based on your interest.
Patent analysis, pricing, product analysis, product benchmarking, value and supply chain analysis can be requested for a country or end-use segment.
Any other major customizations can be discussed with our team, we can provide a separate quote based on your requirements. You can drop in an e-mail to sales@industryarc.com to discuss more our consulting services.
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