Masterbatch is a solid or liquid additive for plastic used for
coloring plastics or imparting other properties to plastics. The Masterbatch
used to impart color to the plastic is known as Color Masterbatch. Color Masterbatches are used in industries like Automotive, Electronic Appliances,
Medical Packaging, Textile and Others.
Due to wide employment of them in
various industries, the Color Masterbatches business is set to grow in the
coming years.
Research claims that the Global Color Masterbatches Market is
estimated to generate $9.09 Billion
by 2020.
Usage of plastic is evident all
over the world. This plastic is implied in various forms, sizes, shapes and
colors. To impart the color, manufacturers are using Color Masterbatches to get
the job done. This is one of the prime drivers for Color Masterbatches Market.
Demand for plastics from major
industries like Automotive, Electronic Appliance, Medicine Packaging, Textile,
Food Packaging and others is also pushing the Color Masterbatches Market ahead.
Asia-Pacific region was one of the top performers in recent years
in the Color Masterbatches Market, due to growing plastic industry in China and
India.
South America also has a lot of
potential in the Color Masterbatches Market due to growing industries like
Automotive, Consumer Goods and Automotive.
Some of the major market share holders in the market are shown below.
- Alok Masterbatches Pvt. Ltd.
- BASF SE
- Colourtone Masterbatch Ltd.
- Clariant AG
- Global Colors Polska S.A.
Avail a Sample Market Brochure on “Color Masterbatches Market”:
CONTACT:
Sanjay
Matthews
Sales
Manager
#:
+1-614-588-8538 (Ext: 101)
No comments:
Post a Comment