A Fresh report titled “Masterbatch Market” delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 153 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. An exclusive data offered in this report is collected by research and industry experts team.
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The Masterbatch Market size is projected to grow from US$ 11.0 Billion in 2018 to US$ 14.0 Billion by 2023 at a CAGR of 5.0% during the forecast period. Masterbatch Market spread across 153 pages, profiling 16 companies and supported with 123 tables and 44 figures is now available in this research report.
Top Companies profiled in the Masterbatch Market include:
Clariant AG (Switzerland)
Ampacet Corporation (US)
A.Schulman, Inc. (US)
Polyone Corporation (US)
Cabot Corporation (US)
Plastika Kritis S.A. (Greece)
Plastiblends India Ltd (India)
Cabot Corporation (UK)
Tosaf Group (Israel)
Penn Color, Inc. (US)
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The Increasing demand for packaging products and wide use for coloring plastics in the end-use industries are driving the masterbatch market. As the overall masterbatch market is highly unorganized, small players in the market offer low-quality products, which is restraining the market growth.
By Application, the packaging segment is expected to lead the masterbatch market during the forecast period. This is due to the need for packaging in food & beverage, personal care, medical, household, electrical & electronics, building & construction, automotive, and other industries. The emerging economies are developing the infrastructure by using masterbatch in building & construction applications.
By Type, the color segment is expected to lead the masterbatch market during the forecast period. The dominance of color is projected to grow owing to its increasing use in various applications such as packaging, building & construction, automotive, consumer goods, agriculture, and textile, among others. The growth of the color masterbatch market is primarily triggered by the rising demand from the packaging segment.
APAC is expected to lead the masterbatch market during the forecast period, owing to the presence of a huge population and the increasing demand for packaging products in the region. The presence of large and small-sized masterbatch manufacturers in this region also drives the market.
Breakdown of Primary Participants’ Profile:
- By Company Type: Tier 1:67%, Tier 2:22%, and Tier 3:11%
- By Designation: C-Level Executives- 11%, Directors- 16%, and Others – 73%
- By Region: APAC – 45%, Americas – 22%, Middle East & Africa- 21%, and Europe- 12%
- To forecast the size of the market with respect to five main regions, namely, North America, Europe, Asia Pacific (APAC), South America, and the Middle East & Africa along with their key countries
- To define, describe, and forecast the masterbatch market size, in terms of value and volume
- To provide detailed information regarding the major factors (drivers, opportunities, restraints, and challenges) influencing the market growth
- To estimate and forecast the market size by type, polymer, and application
- To analyze opportunities in the market for stakeholders and provide a competitive landscape of the market leaders
- To track and analyze recent developments, such as expansions, acquisitions, new product launches, and partnership & agreements, in the market
- To strategically profile the key market players and comprehensively analyze their core competencies
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