Market Synopsis of Global Color Masterbatch Market
Color Masterbatch is a mixture of pigments or additives which are compressed during heat process into a carrier resin. Then the mixture is cooled and cut into granular shape. Masterbatch is solid additive which is processed to color raw polymer during plastic manufacturing process. There are three types of masterbatch which include white masterbatch, standard color masterbatch, black masterbatch, additive masterbatch and others. In which the black masterbatch accounted for largest market share of 30 % in 2015, with market value of USD 1,140 million and is projected to grow at the higher CAGR of 5.60% during forecasted period. Standard color masterbatch was the second largest market in 2015, valued at USD XX million in 2015, it is projected to grow at a CAGR of 5.91%.
On the Basis of Region, the market is segmented into North America, Europe, Asia-Pacific, South America and Middle East & Africa. Globally, Europe holds largest market share with increase in development of application industry. Europe accounted for largest market share of 35% in 2015, with market value of USD 1,330 million and is projected to grow at CAGR of 5.91% during the forecasted period. Asia-Pacific was second largest market in 2015, valued at USD XX million in 2015 and is projected to grow at CAGR of 6.63%. However, Asia-Pacific is sharing highest CAGR of 6.63%.
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Europe accounted for the largest market share of 35.00% in 2015, with a market value of USD 1,330.0 million and is projected to grow at a CAGR of 5.91% during the forecast period
Black Masterbatch accounted for the largest market share of 30.00% in 2015, with a market value of USD 1,140.0 million and is projected to grow at a CAGR of 5.60% during the forecast period
Packaging accounted for the largest market share of 34.00% in 2015, with a market value of USD 1,292.0 million and is projected to grow at the highest CAGR of 6.42% during the forecast period
Reasons to buy
This report includes in-depth study analysis of Color Masterbatch market
It covers market segmentation by type, by application and by regions.
It helps in identifying region-wise major suppliers and understand consumption patterns.
The report will provide useful and premium insights that will support in investments of Color Masterbatch and allied companies providing details on the fast-growing segments and regions.
In addition, it will provide key findings that will help the companies to improve profitability by using supply chain strategies, cost effectiveness of various products mentioned in the report.
The data used in the report is primarily based on primary interviews with the major producing companies and industry experts and supported by authentic industry data from secondary sources.
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