2. Masterbatch Market worth $12.1 Billion by 2019
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” defines and segments the global
masterbatch market with an analysis and forecast
for types, and applications by volume as well as
value.
3. Masterbatch Market worth $12.1 Billion by 2019
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104 data tables
72 figures
183 pages and in-depth TOC on “Masterbatch Market”
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“Asia-Pacific is the key market for Masterbatch”
Asia-Pacific, North America, and Europe dominated the masterbatch market in
2013 and accounted for over 85% of the market, by volume and value.
Country-wise, China is the top consumer of masterbatch products globally, and
is also the largest market for masterbatch products registering a CAGR higher
than the global average till 2019.
4. Masterbatch Market worth $12.1 Billion by 2019
The U.S. is the second-largest masterbatch consumer in the world. Diverse
end-use markets range from automobile, construction, package, consumer
goods, wire & cable, and electronic appliances among others. Growing GDP,
rapid pace of industrialization, ballooning production and industrial bases,
increased output of plastic components, consumer goods and packaging
products and continuing penetration of masterbatch vis-à-vis competing
coloring methods remain key growth driving forces in the post-recession
period. Future growth in the international market hinges heavily onto
developing economies in Asia-Pacific, South America, and Eastern Europe.
China and India, especially, stand out as noteworthy markets, given the
mass exodus of production activities (automotive & industrial) from
developing countries to low-cost Asian countries. The ensuing increase in
foreign investments and rise in the number of new manufacturing
establishments will witness Asia-Pacific emerge into a prime driver of
growth.
5. Masterbatch Market worth $12.1 Billion by 2019
“Packaging is the topmost application segment, and color dominates as
the key type in the Masterbatch market”
Packaging take the topmost positions in the masterbatch market with
around 40% share by value in 2013. The fastest growth rate till 2019 in the
masterbatch market is projected to come from applications, such as
automotive and consumer goods. The increasing plastic consumption in the
automotive industry is expected to benefit masterbatch market over the
next five years. Color dominates the masterbatch market by type, in terms
of volume and value. Packaging industry uses all types of masterbatch, but
the most commonly used are color and white masterbatch.
6. Masterbatch Market worth $12.1 Billion by 2019
Food and beverage manufacturers continue to enhance their focus on
attractive product packaging, by using various custom colored masterbatch,
in order to gain consumer attention. Further, with the advent of new
packaging technologies such as antioxidant, UV resistant, heat resistant,
antimicrobial, and anti-fog packaging, the usage of additive masterbatch
has surged significantly over the last few years.
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