The Global Masterbatch Market accounted for USD 9.97 billion in 2016 and is projected to grow at a CAGR of 5.2% during the forecast period of 2019 to 2026. The upcoming market report contains data for historic year 2015, the base year of calculation is 2016 and the forecast period is 2019 to 2026.
Get a Sample Copy of this Report: https://databridgemarketresearch.com/request-a-sample/?dbmr=global-masterbatch-market
The objective of Global Masterbatch Market report is to provide a detailed analysis of Chemical and Materials industry and its impact based on applications and on different geographical regions, strategically analyse the growth trends, and future prospects. By keeping in mind the way people live, believe, and expend, market research analysis has been carried out to provide quality market insights. The company profiles of all the key players and brands that are dominating the market with moves like product launches, joint ventures, mergers and acquisitions which in turn is affecting the sales, import, export, revenue and CAGR values are mentioned in the report.
Masterbatch is a concentrated blend of pigments and additives which can be either in plastics, rubber or elastomers and is used in automotive industry during manufacturing. This helps manufacturers make a product cost effective, safe, with reduced carbon emission along with fuel efficiency. Apart from automotive, it can be used in packaging, building & construction, agriculture, consumer goods and textile industries.
Major Market Drivers:
- Increasing demand for plastics in the automotive industry
- Growing importance of eco-friendly colors and additives
- Awareness about the importance of masterbatch in making packaging attractive
- Availability of cheaper substitutes
Major Key players profiled in this report are:
Clariant, Cabot Corporation, A. Schulman, Hubron International, Ampacet Corporation, PolyOne Corporation, Plastika Kritis S.A., Penn Color, Inc., Rtp Company, AMERICHEM, AF Color, High Technology Masterbatches S.L, Changzhou Pulaike Hongmei Masterbatch Co., Ltd., Alok Masterbatch, Meilian Chemical Co., Ltd., O’neil Color & Compounding and Gabriel-Chemie Gesellschaft m.b.H. among others.
On the basis of type, global masterbatch market is segmented into color, additive, filler, black and white. Color masterbatch is sub segmented into standard, tailor-made and specialty color. Specialty color is further sub segmented into metallic, pearlescent, phosphorescent and fluorescent.
On the basis of polymer, global masterbatch market is segmented into polypropylene, polyethylene, polyurethane, polystyrene, polyvinyl chloride, polyethylene terephthalate, polycarbonate, polyamide, and acrylonitrile butadiene styrene. Polyethylene is sub segmented into low-density polyethylene and high density polyethylene.
On the basis of application, global masterbatch market is segmented into packaging, revenue pocket matrix, building & construction, automotive, agriculture, consumer goods and textiles. Packaging is sub segmented into rigid packaging and flexible packaging. Building and construction is sub segmented into pipes & fittings, siding, fences & fenestrations and doors & windows. Automotive is sub segmented into interior and exterior. Consumer Goods are sub segmented into electronics, furniture and footwear.
On the basis of geography, global masterbatch market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific, and Middle East & Africa.
For More Enquiry You Can Click Here: https://databridgemarketresearch.com/inquire-before-buying/?dbmr=global-masterbatch-market
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
Data Bridge Market Research