Masterbatch Market Research Report- Forecast to 2023Posted by Avinash on March 7th, 2018 Market Overview However, the major factor likely to hamper the growth of the market is the stringent government regulations in place to limit the production of the non-biodegradable materials. Market Segmentation Based on the Type, the market is classified into color, additive, black, white, and filler. Wherein, the color masterbatch segment is projected to expand at the highest CAGR. This growth trend of this segment is attributed to the rising demand for the consumer goods, retail product packaging and indicative packaging. The additive is another important segment, driven mainly by increasing demand from consumer goods applications. Get Sample of Report @ https://www.marketresearchfuture.com/sample_request/5578 By the Polymer Type, the Global Masterbatch Market is divided into polypropylene (PP), polyethylene (PE), Polyvinylchloride (PVC), Polyethylene Terephthalate (PET), polystyrene (PS), and others. Among them, the polyethylene (PE) segment is holding a major share of the market on account of its easy availability, simple manufacturing process, and relative affordability. Apart from this, huge demand from the major application, the, i.e. packaging is likely to propel the growth of this segment in coming years further. On the Basis of the End Use Industries, The Global Masterbatch Market is categorized into packaging, automotive, building & construction, consumer goods, agriculture, textile, and others. The packaging industry is the fastest growing segment among them, which is attributed to the shifting consumer trends towards the use of packaged food and other retail products. Regional Analysis North America is another important region in the Global Masterbatch Market, following closely to Europe. The region is holding a relatively limited share of the Global Masterbatch Market. The U.S. is the largest market in this region due to the considerable growth in automotive, packaging and consumer goods industry. The Middle East & Africa and Latin America are also witnessing considerable growth during the forecast period owing to the huge growth potential of these regions. Get Complete Report @ https://www.marketresearchfuture.com/reports/masterbatch-market-5578 About Market Research Future: MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. Contact: Like it? Share it!More by this author |