The global masterbatch market is projected to witness a considerable growth rate by exhibiting a significant CAGR of 4.1%, during the forecast period. Global Masterbatch Market is majorly driven by technically advanced new development. New development strategy is the core strength of major market players to have a competitive edge over their competitors. Moreover, as R&D for product development requires huge capital expenditure, the key players are rapidly adopting growth strategies such as mergers, collaboration, and partnership in order to strengthen their revenue.
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The demand for masterbatch and plastics in the construction sector, flooring performance safety windows, pipes, doors, cables, and storage tanks is growing rapidly. The demand for masterbatch material type is increasing due to rising consumer awareness about attractive interiors. The increasing usage of masterbatch by polymer manufacture and increasing use of color into engineer polymer market is driving the masterbatch market. Masterbatch is used by different technologies include injection, spinning, and blow. Among all the application, packaging accounts for the largest share and it uses all type of masterbatch.
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Global Masterbatch Market- Segmentation
By type
- White
- Black
- Color
- Additive
- Filler
By Polymer
- Polypropylene (PP)
- Polyethylene (PE)
- Polyvinyl Chloride (PVC)
- Polyurethane (PU)
- Polyethylene Terephthalate (PET)
- Others (Polycarbonate and Polyamide)
By Application
- Packaging
- Automotive
- Consumer Goods
- Building & Construction
- Textile
- Others (Agriculture)
Global Masterbatch Market– Segment by Region
North America
- United States
- Canada
Europe
- Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
Company Profiles
- Americhem
- Ampacet Corp.
- BASF SE
- Cabot Corp.
- Clariant International Ltd.
- Coperion GmbH
- Hubron International Ltd.
- Ingenia Polymer Corp.
- Jiangsu Pulaike Hongmei Masterbatch Co., Ltd.
- LyondellBasell Industries N.V.
- Optima Colour
- Penn Color, Inc.
- Plastiblends India Ltd.
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
