|
Home | Technology News Search Engine:
|
|
|
|
Home: Technology News:
|
|
|
(IT-NEWSWIRE.COM, August 06, 2018 ) Woodridge, USA August 2018(News) - Color masterbatch market is a concentrated mixture of additives and pigments that is used to impart color and enhance properties such as antifog, antilocking, UV stabilizer and flame retardant. The growing demand for special effects and color-distinguish products among packaging industry are anticipated to drive the overall market. The major advantage of color masterbatch is good color dispersion across polymer materials which enhance both physical and mechanical properties of the applied material. Thus, increasing demand of color masterbatch as substitute for compounds into engineering polymer markets is further expected to boost the growth of overall market.According to MRFR analysis, the global color masterbatch witnessed exponential growth and is projected to reach USD 7,268.3 million by 2027 with an estimated CAGR of 5.88% during forecast period. Rise in packaging sector on account of growth in e-commerce business is also expected to drive the global Color Masterbatch Market. Moreover, increasing demand for ready-to-eat products among millennial is anticipated to augment the market growth. Manufacturers are investing on R&D and innovative ideas for product packaging in order to attract more customers, thereby positively influencing color masterbatch consumption. However, volatility in raw material prices and imbalance in demand and supply of plastic material is hindering the market growth.
Get Free Sample Report: https://www.prominentmarketresearch.com/sample-report/352
Key Players:
• A Schulman Europe,
• TOSAF Compounds,
• Polyplast Müller,
• Polyone Corporation,
• Hubron,
• Clariant Masterbatches,
• Cabot Plastics International.
Ask For Report Discount: https://www.prominentmarketresearch.com/discount-report/352
Key Findings:
Global color masterbatch market is projected to reach USD 7,268.3 million by 2027 with CAGR 5.88% during review period of 2016-2027. Europe was the leading region in 2016 and is expected to grow at a CAGR of 5.91% owing to huge automotive manufacturing base and large number of plastic component manufacturing industries. Asia Pacific accounted for second largest market in the global color masterbatch. This is attributed to growing demand of color masterbatch in building and construction sector. Color masterbatch market is a fragmented market, however, tier 1 and tier 2 manufacturers dominate the market. Major players are incorporating strategies like expansion and acquisition to meet the global demand. The key players involved in such strategies are A Schulman Europe, Clariant, Cabot plastic international and Polyplast Muller.
Buy Report: https://www.prominentmarketresearch.com/checkout/352
Intended Audience:
• Manufacturers and distributors of color masterbatch.
• Suppliers and traders.
• Government, associations and industrial bodies.
• Investors and Trade experts.
• Consulting in chemical experts.
About Us:
Prominent market Research was established in 2018 with an energetic team of competent professional to take on the challenges of market analysis in the capacity of market insight needs. We deliver the benefits of this expertise to you through our market research insights and people to help you make better decisions and achieve better results.
Prominent Market Research
Robin
+1-815-957-4373
sales@prominentmarketresearch.com
Source: EmailWire.Com 
Source: EmailWire.com
|
|
|
|
|
Technology News Headlines
|
|
|
|
|
Technology Business Video Feed
|
|
More Technology Video Feeds
|
|
|
