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Color Masterbatches Market to reach USD 9.8 Billion by 2021

Color Masterbatches Market to reach USD 9.8 Billion by 2021

Burgeoning demand for plastics along with declining feedstock prices are together set to drive the Asia-Pacific (APAC) Color Masterbatches Market to $5.1 Billion & Global Market to $9.8 Billion by 2021.

Color Masterbatches are solid or liquid additives used for imparting different colors to plastics. These color masterbatches are used on carrier material which can be based on a wax (universal carrier) or on a specific polymer, identical or compatible with the natural polymer used. Under by type the color masterbatches market has been segmented into, standard color masterbatches, white masterbatches, black masterbatches and special effect masterbatches. Color Masterbatches have a wide range of applications in injection molding, blow molding, film extrusion, rotational molding and others. There are disparate end user segments which use color masterbatches in their processing, which include automotive, electronic appliances, medicine packaging, textiles, food and beverage packaging and others.

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The global market in 2015 was $4.7 billion and is dominated by APAC which is poised to exhibit the fastest growth due to favorable macroeconomic conditions such as population growth and financial conditions like increasing FDI investments. China is the largest Color Masterbatches market with a share of 18% currently. China has overtaken the U.S as the world’s leading market of Color Masterbatches and is expected to remain the largest up to 2016. Other major market includes North America which accounted for a significant market share. The Color Masterbatches market in the North American region is anticipated to grow at a CAGR of 9% during the forecast period 2016 to 2021.

The number of manufacturers across the world for Color Masterbatches has increased manifold. These manufacturers are actively investing in scaling up their position in the market and are able to attract profitable deals. Some of the major players are Ampacet Europe, Cabot Plastics International, Clariant Masterbatches, Hubron (International), Kunststof Kemi, Plastika Kritis, PolyOne.

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The overall Color Masterbatches market is characterized by large number of companies but top three companies account for 55% market share due to the wide distribution network and brand reputation. Rapid developments in emerging countries and use of innovative products and materials in coloring plastic have supported the growth of Color Masterbatches additives markets.

The Color Masterbatches market report is a comprehensive study of the market for different types, applications and geography.

The market is analyzed by the following end user areas:

  • Automotive

  • Electronic Appliances

  • Medicine Packaging

  • Textile

  • Food & Beverage Packaging

  • Other

Following key players were also covered as part of the market landscape analysis:

  • A. Schulman

  • Ampacet Corporation

  • Clariant AG

  • Cabot Corporation

  • PolyOne Corporation

The market has also been analyzed for four geographic regions which include North America, APAC, Europe and Rest of the World.

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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.

IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights on the constant flux in the global demand-supply gap of markets. Our strong analyst team enables us to meet the client research needs at a very quick speed with a variety of options for your business.

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