Color Masterbatches Market- Forecast (2018-2023)Posted by Venkatesh on October 5th, 2018 According to the new market research report by IndustryARC titled, “Color Masterbatches Market: By Type (Special Effects, White, Black, Others); By Carrier (PE, PP, PS, ABS, PBT, PVC, Others); By Application (Blow Moulding, Film Extrusion, Others); By End User (Automotive, Electronics, Medical, Textile, Others); By Geography - (2018-2023)”, the market is set to experience a substantial growth owing to the strong demand from the end-user segments across the world. Color masterbatch brings dramatic color to plastic resins and all applications, wherein they find their application. There are different manufacturers who produce color masterbatches for polyolefin polymers and for various industry verticals, delivering hundreds of standard colors as well as custom formulations and color/additive combi-batches. From business machines and appliances to textiles, automotive components and packaging, designers, brand managers and plastics processors rely on cutting-edge color technology and in-depth technical support. Color masterbatches have a wide range of end user applications in automotive, electronic appliances, medicine packaging, textile, food & beverage packaging and others. Among all the end-users, textile end-user segment is projected to register the highest CAGR of 15.9% during the forecast period. In terms of revenue, Food and Beverage Packaging end-user segment is projected to reach 16.1 Million by 2023 at 12.2% CAGR. APAC continues to lead the Color Masterbatches Market share and growth during 2018-2023. Asia-Pacific is the dominating market for global color masterbatches market and held .986 billion in 2017 and estimated to reach 61.5 Million by 2023 at 15.3% CAGR. APAC is dominating the market because of the increasing urbanization and population, followed by the Americas and Europe. Future growth in the international market hinges heavily on the developing economies in Asia-Pacific, South America, and Eastern Europe. China and India, especially, stand out as noteworthy markets, given the mass exodus of production activities (automotive & industrial) from developing countries to low-cost Asian countries. The ensuing increase in foreign investments and rise in the number of new manufacturing establishments will allow Asia-Pacific to emerge as a prime driver of growth. Selected / Sample Analysis done in the Color Masterbatches Market Report: The above graph indicates the pricing trends for color masterbatches market globally, across different end-user verticals from 2018 - 2023. The average price of the master batches mentioned for various applications are likely to follow a similar trend. To access / purchase the full report browse the link below https://industryarc.com/Report/11740/color-masterbatches-market.html Excerpts on Color Masterbatches Market Growth Factors : Strong demand from the packaging and consumer goods industry, low cost production requirements for packaging and more are the chief drivers of color masterbatches. Key Players of the Color Masterbatches Market: A.Schulman and Ampacet Corporation are the two key market players in the color masterbatches market. While Ampacet occupies 21% of the market, Schulman has a market share of 18% in the global market. Ampacet is one of the major players in masterbatches market, with wide range of product offerings that enables plastic product manufacturers to produce consistent colors for their products. Ampacet offers black, white and color masterbatches as well as a wide range of additives. The company supplies a wide range of color masterbatches and hence, is usually priced above the average market price. Color Masterbatches Market Report is Segmented as below. Color Masterbatches Market By Type: Companies Cited / Interviewed BASF SE The Color Masterbatches Market Report is Prepared with the Main Agenda to Cover the following 20 points: Any other major customizations can be discussed with our team, we can provide a separate quote based on your requirements. You can drop in an e-mail to sales@industryarc.com to discuss more about our consulting services. Media Contact: Mr. Venkat Reddy About IndustryARC: IndustryARC is a Research and Consulting Firm that publishes more than 500 reports annually, in various industries such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare. Like it? Share it!More by this author |