are made up of polymer materials that consist of additives, carriers and pigments or dye which is attached to the resin with equal proportion. Color masterbatch is used for coloring of plastics materials by using carriers such as poly ethylene (PE), poly propylene (PP), polystyrene (PS) and others. Color masterbatch is extensively used in packaging industry and also used to enhance performance of plastic products. Increased production of plastic compounds, increased usage of packaging goods and rapid industrialization are the key drivers for the growth of the market.
The report explains that Global color masterbatches market is segmented on the basis of types, carrier, application, end users and geography. Based on types, color masterbatches is classified into standard color, white, black, special effects and others. Color masterbatches are used in different applications such as injection molding, blow molding, film extrusion, rotational molding and others. Color masterbatches are applied on different carriers such as poly ethylene (PE), poly propylene (PP), polystyrene (PS), acrylonitrile butadiene styrene (ABS), Polybutylene terephthalate (PBT), polyvinyl chloride (PVC) and others. The color masterbatches market is further segmented on the basis of different end users such as automotive, electronic appliances, medicine packaging, textile, food & beverage packaging and other. Each of these segments is further broken down to give an in-depth analysis of the market. The color masterbatches market report analyses the color masterbatches in various applications and covers the market demand with respect to regions.
The color masterbatch market
is driven by increased demand from the end-use industries such as packaging, building & construction, consumer goods, automotive, and textiles. Asia-Pacific, with its growing economy and rapidly expanding commercial and industrial base is projected to witness the highest growth in the masterbatch market between 2016 and 2021. The increasing use of plastics in the automotive industry is yet another driving factor for the growing demand of color masterbatches.
Initially, only the standard color masterbatches were available off-the-shelf, eventually the range of stock colors increased as per demand. However, in recent times, the demand for customized colors has increased, as colors have gained large importance in the branding, marketing, and differentiating strategies of end users. Sample Companies Profiled in this Report are:
- A Schulman Europe
- Ampacet Europe
- Cabot Plastics International
- Clariant Masterbatches
- Hubron (International)
The report analyses the market demand with respect to various regions. Competitive landscape for top five color masterbatches market is highlighted and market players are profiled with attributes of company overview, financial overview, product portfolio and recent developments.