The Report “Masterbatch Market by Type (White, Black, Color, Additive, Filler), and Application (Packaging, Building & Construction, Automotive, Consumer Goods, Textile, and Others) – Global Trends & Forecast to 2019″ is now available at RnRMarketResearch.com.
Masterbatch is a solid or liquid mixture of additive or pigments used for coloring or enhancing other properties of polymers, such as UV stabilizing, flame retardation, antistatic and antilocking. Major end-user industries for masterbatch include packaging, building & construction, automotive, consumer goods, textiles, agriculture, and furniture. Steady economic growth, rapid pace of industrialization, increasing production of plastic products and components, packaging products and continuous penetration of masterbatch vis-a-vis competing coloring methods remain the key driving forces in the market.
The report analyzes the global masterbatch market trends and forecasts till 2019. The market size has been provided in terms of market volume (KT) and value ($million). The report also identifies prominent players and provides analysis for each player in terms of company overview, financials, products & services offered recent developments, and company strategy.
Region-wise, Asia-Pacific and South America are leading the global market. Growth in Asia-Pacific is led by rising demand for refined raw materials and products among the region’s plastic processors. Due to the region’s favorable prospects, several companies are expanding in Asian countries to benefit from the low-cost structures and growing local demand for plastics and packaging. Packaging represents the largest end-use market for masterbatch. Manufacturers of consumer products are increasingly seeking packaging materials that facilitate low cost production and ensure effective storage and transportation. Demand is therefore expected to grow for advanced masterbatch that offer both functional performance and aesthetic appeal.
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The global masterbatch market is projected to register a CAGR of 7.1% between 2014 and 2019 to reach $12.1 billion. The packaging segment, that uses masterbatch, is witnessing a CAGR of 7.5% and constitutes a significant part of the overall masterbatch market. However, the automotive segment is projected to grow at a high CAGR of 8.5% by 2019.
The masterbatch industry is moving towards investment in the implementation of technologies to produce new and high-quality products. The companies involved in this market are extensively into research and new product developments.
All these factors, along with the growing packaging, consumer goods and automotive industry, will continue to drive the demand for masterbatch.
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5.2 Market Segmentation
5.2.1 Masterbatch Market, By Application
5.2.2 Masterbatch Market, By Type
5.3 Market Dynamics
18.104.22.168 Efficiency of Customized Color & Additive Masterbatch
22.214.171.124 Plastics: A Preferred Alternative to Steel and Other Conventional Metals in Automotive Industry
126.96.36.199 Rapid Pace of Industrialization in Asia-Pacific and South America
188.8.131.52.1 Growth of the Automotive Industry
184.108.40.206.2 Lower Cost of Production
220.127.116.11 Cost Competitiveness of Color Masterbatch-Color Matching
18.104.22.168 New Innovations in Additive Masterbatch
22.214.171.124 Poland Driving the East European Market
126.96.36.199 Recycling of Plastics Poses As A Hurdle to the Masterbatch Industry
5.4 Winning Imperatives
5.4.1 Focus on Efficient Technology and Innovation
6.2 Value Chain Analysis
6.3 Price Analysis
6.4 Porter’s Five Forces Analysis
6.4.1 Threat 0f New Entrants
6.4.2 Threat From Substitutes
6.4.3 Bargaining Power of Buyers
6.4.4 Bargaining Power of Suppliers
6.4.5 Intensity of Rivalry
12.2 A. Schulman, Inc.
12.3 Clariant AG
12.4 Ampacet Corporation
12.5 Cabot Corporation
12.6 Hubron International Ltd.
12.7 Plastika Kritis S.A.
12.8 Polyone Corporation
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