Color Masterbatch Market 2018 Sales, Revenue, Gross Margin, Market Share by Top Companies 2027

05/set/2018 07:12:22 Market Research Future Contatta l'autore

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Industry / Innovation / Related News:

March 23, 2018 - KraussMaffei Berstorff (US), a leading global provider of plastic manufacturing technology, presented their latest innovation - Berstorff ZE 28 BluePower, a feature and liquid- and solids-metering system that enables single-step production of color masterbatches. This technology enables masterbatches to run without the need for 'mono-concentrated' production steps.

March 23, 2018 - Badger Color Concentrates, Inc. (US), a leading global manufacturer of master-batch and liquid color for the plastics industry announced that it will grow its business efficiently, the company is investing in IQMS 'Manufacturing ERP Software.

March 23, 2018 - Clariant International Ltd. (Switzerland), one of the leading global manufacturers of master-batch and liquid color, announced the global price increase for its entire range of masterbatches and compound products by 4-7 percent. Feedstock coupled with the rising prices of polymers, titanium dioxide, carbon black, dyes, additives and pigments, driven by several factors, including supply-demand dynamics.

Worldwide Color Masterbatch Market - Geographical Analysis

Globally, Europe holds largest market share with increase in development of application industry. Europe accounted for largest market share of 35% in 2015, with market value of USD 1,330 million and is projected to grow at CAGR of 5.91% during the forecasted period. Asia-Pacific was the second largest market in 2015, valued significantly in 2015 and is projected to grow at CAGR of 6.63%.

While, Europe acquired 35.00% of market share in 2015 that valued USD 1,330.0 million. The region is further projected to grow at 5.91% CAGR of during 2016-2023.

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Worldwide Color Master Batch Market - Synopsis

The Global Color Masterbatch Market is growing with the rapid pace; mainly due to its burgeoning applications. According to a recent study report published by Market Research Future, the global market of Color Masterbatch is expected to gain prominence over the forecast period. CAGR during the review period (2016-2023). The market is expected to show voluminous growth by 2023.

The Global Color Masterbatch Market is a combination of the increasing application of compounding procedures and the use of color masterbatches as substitutes for compounds into engineering polymer markets. Also, the augmented demand for color masterbatch is the predominant reason for the market growth of color masterbatch.

Factors such as -requirement for advanced standard performance from polymer materials with properties such as UV stabilization, flame retardation, optical brightness, enhanced transparency, surface resistivity, prevention of static and yellowing (oxidative or thermal degradation), scratch resistant, etc. are providing impetus to the market growth during the forecasted period.

In addition, the government is obliged to increase its value in the greenhouse gases are causing a rise in the demand for light weight vehicles. Vehicle parts made with plastic makes them light on weight and carbon emissions increasing overall fuel efficiency. This leads to the replacement of metal parts by the plastic ones in the vehicles. This indicates opportunities for growth in color masterbatch market.

Basically a mixture of pigments (additives) compressed during heat process into a carrier resin Color masterbatch, is a solid additive which is processed to color raw polymer during plastic manufacturing process. Mastermatch, not prone to uneven color, which guarantees better physical and mechanical properties to the material, is applied. While, its disadvantages includes, requirement of more production equipment & production space, high coloring & production costs, etc.

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