The new research report on Masterbatch Market offered by DecisionDatabases.com provides Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014–2021.
Masterbatch is an additive in solid and liquid form. It is a concentrated pigment used to impart and enhance the properties of plastic and packaging materials. Masterbatch is used in packaging of food and beverages, industrial goods and consumer goods. UV resistance, anti-slip, lubrication and flame retardation are featuring aspects imparted by masterbatch additives to base plastic.
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Masterbatch is extensively used in packaging industry owing to high benefits provided by it. Applications segment the global masterbatch market into building & construction, textiles, packaging, automotive, consumer goods and others. Based on products type global masterbatch market is classified as black, white, additives, color and filler masterbatch. Packaging is the most prominent application segment for masterbatch market. Followed by packaging consumer goods and building & construction are significant application segments empowering the growth this market. Color masterbatch is the major segment used in construction and automobile industry.
Extensive use of plastic in packaging industry is the most significant factor to upsurge the growth of global masterbatch market. Moreover, Increasing industrialization and Rise in the consumption of packaged food and beverages is fueling the growth of this market. Innovations in packaging products by vendors to increase product sale is expected to open new opportunities for this market. Rapid growth in the automobile industry is expected to drive this market for the forecast period.
Major player assessed in the report are :
- Ampacet Corporation
- Ferro Corporation
- Schulman Inc.
- Clariant International Ltd.
- GABRIEL-International Ltd.
- Chemie Group
- PolyOne Corporation
Geographically, this market has been segmented into regions such as North America, Europe, Latin America, Asia Pacific and the Middle East & Africa. The study details country-level aspects based on each segment and gives estimates in terms of market size.
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SEGMENTATIONS IN REPORT :
1. Masterbatch By Product Type :
- Filler Masterbatch
2. Masterbatch By Applications :
- Building & Construction
- Consumer Goods
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