$10 Billion Masterbatch (Color, Additive, White, Black, Filler) Market 2017 – Global Forecast to 2022 – Research and Markets

DUBLIN–(BUSINESS WIRE)–Research and Markets has announced the addition of the “Masterbatch
Market by Type (Color, Additive, White, Black, Filler), Polymer (PP,
LDPE & LLDPE, HDPE, PVC, PET, PUR, PS), Application (Packaging, Building
& Construction, Automotive, Consumer Goods, Textile, Agriculture) –
Global Forecast to 2022” report to their offering.

The global masterbatch market was valued at USD 10.45 Billion in 2017,
and is projected to reach USD 13.41 Billion by 2022, at a CAGR of 5.1%
during the forecast period.

Innovations in masterbatch and the demand for lightweight materials in
the automotive industry is encouraging the replacement of metals with
plastics and therefore driving the market. However, the masterbatch
market is restrained due to low-cost offerings of masterbatch, which
affect the quality of end-use products in emerging countries.

Based on type, the color segment accounted for the largest share of the
global masterbatch market in 2016. This large share is mainly attributed
to the increasing use of color in manufacturing various plastic
applications, such as packaging, building & construction, automotive,
consumer goods, agriculture, textile, and others.

Based on polymer, the polypropylene segment is projected to be the
largest market size between 2017 and 2022. The demand for masterbatch in
this segment is mainly driven due to the efficient, smooth, and
dispersion properties of polypropylene for end-use applications of
plastics.

Based on application, the packaging segment is projected to grow at the
highest CAGR between 2017 and 2022. The increase in handling and
transport of goods due to globalization, liberalization, changing
consumer lifestyles, and economic development has led to the increase in
demand for better protection and handling of goods. This demand has in
turn has led to the increase in consumption of packaging in every
sector, thus driving the demand for masterbatch.

The Asia-Pacific region is expected to lead the global masterbatch
market between 2017 and 2022. Countries in the Asia-Pacific region such
as China, India, Taiwan, Indonesia, and South Korea are key consumers of
masterbatch. In addition, the increasing demand for masterbatch in the
packaging, building & construction, consumer goods, automotive, textile,
and agriculture application is further expected to drive the growth of
the masterbatch market in the Asia-Pacific region.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Masterbatch Market, By Type

7 Masterbatch Market, By Polymer

8 Masterbatch Market, By Application

9 Masterbatch Market, By Region

10 Competitive Landscape

11 Company Profiles

• A. Schulman, Inc.
• AF Color
• Alok Masterbatch
• Americhem Inc.
• Ampacet Corporation
• Astra Polymers Compounding Co. Ltd.
• Cabot Corporation
• Changzhou Pulaike Hongmei Masterbatch Co., Ltd.
• Clariant AG
• Constab Polyolefin Additives GmbH
• Dainichiseika Color & Chemicals Mfg. Co., Ltd.
• Gabriel-Chemie Gesellschaft M.B.H.
• High Technology Masterbatches S.L
• Hubron (International) Ltd.
• Meilian Chemical Co., Ltd.
• O’Neil Color & Compounding
• Penn Color, Inc.
• Plastiblends India Ltd.
• Plastika Kritis S.A.
• Polyone Corporation
• Prayag Polytech Pvt Ltd
• Rajiv Plastics Industries (RPI)
• RTP Company
• Tosaf Group
• Vanetti S.P.A

For more information about this report visit http://www.researchandmarkets.com/research/vtcw5t/masterbatch

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Related
Topics: Plastics,
Dyes
and Pigments