Masterbatch Market Size, Demands, Trends, Growth and Forecasts 2014 to 2021
The new research report on Masterbatch Market offered by DecisionDatabases.com provides Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 to 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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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.
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Major player assessed in the report is :
– Ampacet Corporation
– Ferro Corporation
– Schulman Inc.
– Clariant International Ltd.
– GABRIEL-International Ltd.
– Chemie Group
– PolyOne Corporation
– Americhem Inc.
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.
This report is segmented by geography as North America, Europe, Asia Pacific, Latin America and Middle East and Africa. Geographically Asia pacific is the fastest growing market. China is the major reason behind growth of masterbatch market In Asia Pacific followed by India. Europe and North America are dominant regions of this market with rapid growth over the forecast.
SEGMENTATIONS IN REPORT :
1. Masterbatch By Product Type :
– Filler Masterbatch
2. Masterbatch By Applications :
– Building & Construction
– Consumer Goods
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