Color Masterbatches Market Predicted to value US$ 13.6 Bn by 2022
Posted by Swapna on December 14th, 2017
Color masterbatches are combinations of pigments and additives that are used in various applications, for instance, roofing, storage containers, cables, electronics, cosmetic objects, toys, belts, silage sheets, pipes etc. They have numerous benefits owing to which several synthetic fiber and plastic producers use color masterbatches – they come in form of pellets which makes it easier to apply, store or move as compared to powdered pigments, it is easier to handle and feed the color concentrates during manufacturing where color masterbatches are used, binding agent used in the masterbatches can be easily matched to the polymer which is used for enhanced melt processing, they offer good control on transparency as well as opacity of colored objects and special effects can be added to enhance color thus distinguishing between different objects. Moreover, for certain applications, polymer material needs special properties like UV balance, surface resistivity, optical brightness, enhanced transparency, avoiding yellowing, flame retardation and scratch resistance, with a view to achieve improved performance, which is provided by color masterbatches. These factors have favored the expansion of the global Color Masterbatches Market in recent years.
According to Persistence Market Research, the global color masterbatches market is projected to grow at 5.1% CAGR during the period of assessment, 2017-2022.
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5 Key Highlights on the Global Color Masterbatches Market
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The research report has also profiled key players in the global color masterbatches market. These include players such as Marval Industries Inc., RTP CO, Americhem, Uniform Color Company, Inc., Cabot Corporation, Ferro-Plast Srl, Standridge Color Corporation, Techmer PM Inc., Ampacet Corporation, Clariant AG, A. Schulman, Polyone Corporation and BASF SE.
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About the AuthorSwapna
Joined: August 30th, 2017
Articles Posted: 43
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