Masterbatch Market – Detailed Analysis of Current Industry Figures with Forecasts Growth By 2024

The research report on ‘ Masterbatch market’ now available with Market Study Report, LLC, offers a detailed analysis of the factors influencing the global business sphere. This report also provides precise information pertaining to market size, commercialization aspects and revenue estimation of this business. The report further elucidates the status of leading industry players thriving in the competitive spectrum of the ‘ Masterbatch market’.plastic color masterbatch

Masterbatches are solid or liquid mixture of additive or pigments used for coloring or enhancing other properties of polymers such as UV stabilizing, flame retardation, antistatic and antilocking. It allows the processor to color raw polymer economically during the plastics manufacturing process. It is widely used in packaging industry, automobile industry, building & construction industry and electrical & electronics industry.
Masterbatch is widely used in packaging industry, automobile Industry, building & construction Industry, electrical & electronics industry. As to the masterbatch downstream application, packaging industry is its largest downstream market, which shares 26.2% of the consumption in 2015. According to the different function, masterbatch is divided into white masterbatch, black masterbatch, color masterbatch, additive masterbatch and plastic filler masterbatch. Black masterbatch is the most common kind, accounting for more than 29.1% of the total masterbatch production.

At present, the production of masterbatch distributed evenly in Europe, USA, China and India, taking about 28.3 %, 15.6%, 33.4%, 5.7% respectively in 2015. Masterbatch industry in India is highly fragmented with a few major players & large number of small and medium players who account for majority of the market share. To meet the strong demand of masterbatch, many manufacturers established manufacturing plants in Europe.
The global production of masterbatch increased from 2910 K MT in 2011 to 3810 K MT in 2015 at an average annual growth rate of more than 6 %. In the world wide, the top five manufacturers of masterbatch are Clariant, Ampacet Corporation, A. Schulman, Inc, Americhem, Inc, Cabot Corporation. And the production of Clariant occupied about 8.9% in 2015

One of the most important pointers that makes the Masterbatch market report worth a purchase is the wide-ranging overview of the competitive spectrum of the business vertical. On the basis of competitive hierarchy, the report efficiently segments the Masterbatch market into Clariant, Ampacet Corporation, A. Schulman, Inc., Americhem, Inc., Cabot Corporation, PolyOne, GCR Group, Tosaf, Plastika Kritis S.A, RTP Company, Polyplast Mueller GmbH, Plastiblends, Astra Polymers, Alok Masterbatches, Hubron, Hengcai, Gabriel-Chemie Group, Prayag Polytech, Wave Semuliao Group and Heima. In essence, these firms have been contending with one another to attain a dominant status in the industry.

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