Color Masterbatches Market
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<strong>Color</strong> <strong>Masterbatches</strong> <strong>Market</strong> to Reach a Valuation of About US$ 13.6 Bn by 2022<br />
<strong>Color</strong> masterbatches are combinations of pigments and additives that are used in various<br />
applications, for instance, roofing, storage containers, cables, electronics, cosmetic objects, toys,<br />
belts, silage sheets, pipes etc. They have numerous benefits owing to which several synthetic fiber<br />
and plastic producers use color masterbatches – they come in form of pellets which makes it easier<br />
to apply, store or move as compared to powdered pigments, it is easier to handle and feed the color<br />
concentrates during manufacturing where color masterbatches are used, binding agent used in the<br />
masterbatches can be easily matched to the polymer which is used for enhanced melt processing,<br />
they offer good control on transparency as well as opacity of colored objects and special effects can<br />
be added to enhance color thus distinguishing between different objects. Moreover, for certain<br />
applications, polymer material needs special properties like UV balance, surface resistivity, optical<br />
brightness, enhanced transparency, avoiding yellowing, flame retardation and scratch resistance,<br />
with a view to achieve improved performance, which is provided by color masterbatches. These<br />
factors have favored the expansion of the global color masterbatches market in recent years.<br />
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According to Persistence <strong>Market</strong> Research, the global color masterbatches market is projected to<br />
grow at 5.1% CAGR during the period of assessment, 2017-2022.<br />
5 Key Highlights on the Global <strong>Color</strong> <strong>Masterbatches</strong> <strong>Market</strong> : Europe region to show positive<br />
growth during the assessment period. it is anticipated to witness moderate growth during 2017-2022<br />
period and is expected to dominate the global market in terms of high market share Asia-Pacific<br />
excluding Japan (APEJ) region shows high potential due to increased adoption of color<br />
masterbatches in various industries such as packaging and automotive. China and India are major<br />
contributors to the growth of color masterbatches in the APEJ region, making it a potential region<br />
for the color masterbatches market. Several manufacturers are investing in this region to develop<br />
manufacturing plants due to low cost, high labor availability and increasing demand for color<br />
masterbatches<br />
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In the application category, the scratch and mar additives segment is anticipated to ascend at a<br />
higher CAGR of 5.8%. The growth of this segment can be attributed to the anti-scratch property<br />
that color masterbatches deliver which is widely used on polymers to perform special functions<br />
especially in interiors of car, consumer goods and electronic devices , Marine segment by end user<br />
category is projected to witness fast pace to register a robust 5.9% CAGR followed by electronics<br />
and electrical segment during the period of forecast. However, color masterbatches are widely used<br />
in packaging segment, which leads the global market .Standard color and specialty color<br />
masterbatches are anticipated to witness similar growth pace during the assessment period; but<br />
standard color masterbatches have experienced higher revenue than specialty color masterbatches<br />
during 2016 -2017 and is likely to continue this trend in the coming years. However, tailor-made<br />
color masterbatches are projected to experience high market share by the end of 2022<br />
The research report has also profiled key players in the global color masterbatches market. These<br />
include players such as Marval Industries Inc., RTP CO, Americhem, Uniform <strong>Color</strong> Company,<br />
Inc., Cabot Corporation, Ferro-Plast Srl, Standridge <strong>Color</strong> Corporation, Techmer PM Inc., Ampacet<br />
Corporation, Clariant AG, A. Schulman, Polyone Corporation and BASF SE.<br />
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