Color Masterbatch Market, Share, Growth Analysis, Trends, Demand by 2027


Posted August 12, 2021 by chitradeo00777

Color masterbatches is made up of rubber, plastic, and elastomer in which pigments are dispersed optimally, this solids are cut into small pieces, which is further processed
 
Color masterbatches is made up of rubber, plastic, and elastomer in which pigments are dispersed optimally, this solids are cut into small pieces, which is further processed and used to make value added products in various industries which includes packaging, building & construction, consumer goods, automotive, textile and agriculture among others.

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Increasing scrutiny towards the vehicular emission across the globe has resulted in extreme pressure on OEMs to alter their vehicle design without jeopardizing the performance of the vehicle. Hence, more and more lightweight materials are being adopted in automotive sector. For instance, 10% of the average weight of a medium size passenger vehicle is of the plastic materials. Also, new regional norms like Corporate Average Fuel Efficiency (CAFE) and EU to cut down the emission from vehicles are propelling the market for plastics in automotive. Hence, driving the market for color masterbatch.

Key Players:

A Schulman Europe, Tosaf Compounds, Polyplast Müller, Polyone Corporation, Hubron, Clariant Masterbatches, Ampacet, and Cabot Plastics International among others. are some of the prominent players at the forefront of competition in the Global Color Masterbatch Market and are profiled in MRFR Analysis.

Color Masterbatch Market – Competitive Analysis

Color masterbatch market is a fragmented market with Tier `1 manufacturers and domestic players. The major trends noted among the manufacturers are expansion, joint-ventures, and acquisitions to capture the market share and increase their market presence in line with the increasing demand for masterbatch. For instance, Ampacet has announced its new production plant for masterbatches in Australia for catering the ever-growing demand for masterbatches from the food, shipping, industrial and retail industries.

In similar lines, A Schulman Inc, opened a new color master batch facility in Hangzhou High Tech Industrial Park CEDZ, Jiangsu, China in 2016. This expansion in China and other growing markets throughout the Asia Pacific will produce A. Schulman's premium color additives for packaging, automotive, agricultural, sports, and leisure & home customers.

Industry/ Innovation/ Related News:

November, 2017- Ampacet, a global leader in the masterbatch market has launched its new production line for production of white masterbatch in Dudelange, Luxemborg. The main aim of the company with this newly opened production line is to maximise the overall customer experience by optimizing the lead time enhancing the delivery flexibility.

July, 2017- In 2017, Ampacet has announced its new production plant for masterbatches in Australia for catering the ever-growing demand for masterbatches from the food, shipping, industrial and retail industries. The newly opened plant will enable the company to further strengthen its presence in the Oceania region.

March, 2017- In 2017, Ampacet invested in new production lines across its various manufacturing facilities in Europe in line with increasing the production capacity of color additives, black and white masterbatches at its Messacny facility in Belgium. Second capacity increase was at its Dudelange facility in Luxemborg.

July, 2016- In 2016, A Schulman Inc, enters a partnership with Snetor Chimie headquarters in Courbevoie (France) - this partnership will allow the expansion of its master batch footprint on the African continent

April, 2016- In 2016, A Schulman Inc, opens a new color master batch facility hangshu High Tech Industrial Park CEDZ, Jiangsu, China. This expansion in China and other growing markets throughout the Asia Pacific will produce A. Schulman's premium color additives for packaging, automotive, agricultural, sports, and leisure & home customers

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Primary Research

3.3 Secondary Research

3.4 Forecast Model

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Last Updated August 12, 2021