PUNE, India, April 5, 2017 /PRNewswire/ --
The report "Color Concentrates Market by Form (Solid and Liquid), End-Use Industry (Packaging, Consumer Goods, Building & Construction, Automotive), Region (Asia-Pacific, Europe, Middle East & Africa, North America, South America) - Global Forecast to 2021", published by MarketsandMarkets™, the market was valued at USD 4.24 Billion in 2016 and is projected to reach USD 5.80 Billion by 2021, at a CAGR of 6.5% from 2016 to 2021.
Browse 80 market data Tables and 44 Figures spread through 144 Pages and in-depth TOC on "Color Concentrates Market"
Early buyers will receive 10% customization on this report.
The increasing use of color concentrates for coloring plastics is driving the growth of the Color Concentrates Market. Moreover, growing importance given to the aesthetics in the packaging industry is another driver fueling the growth of the Color Concentrates Market.
Among forms, the solid segment is the leading the Color Concentrates Market
Among forms, the solid segment is leading the Color Concentrates Market during the forecast period. The growth of the solid segment of the Color Concentrates Market can be attributed to various properties offered by solid color concentrates, which include, low price, less let down ratio, inexpensive investments, dry nature, ease of transportation and storage, excellent color control, and reduced waste, among others.
Request for Sample PDF Brochure @ http://www.marketsandmarkets.com/pdfdownload.asp?id=71191242
Among end-use industries, the packaging segment is leading the Color Concentrates Market.
The packaging end-use industry is leading the Color Concentrates Market. The growth of the packaging end-use industry segment of the Color Concentrates Market can be attributed to increased use of color concentrates for coloring plastics used for packaging various types of products. Use of color concentrates of different shades for packaging enhances the product appeal of goods. A high degree of aesthetic appeal of products not only helps in product differentiation but also influences preferences of customers.
The Asia-Pacific Color Concentrates Market is projected to grow at the highest CAGR during the forecast period.
The Asia-Pacific region is a lucrative market for color concentrates. The growth of the Asia-Pacific Color Concentrates Market is due to increased demand for color concentrates from various end-use industries, such as packaging, consumer goods, building & construction, and automotive, among others. Moreover, industrial growth in the Asia-Pacific region, along with increasing buying power of consumers has further boosted the demand for color concentrates in the region; thereby fueling the growth of the Asia-Pacific Color Concentrates Market. China is the largest market for color concentrates in the Asia-Pacific region, whereas the India Color Concentrates Market is projected to grow at the highest CAGR during the forecast period.
Make an Inquiry @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=71191242
Key Players in the Color Concentrates Market
The key market players operating in the Color Concentrates Market are Clariant (Switzerland), PolyOne Corporation (U.S.), A. Schulman, Inc. (U.S.), Ampacet Corporation (U.S.), Ferro Corporation (U.S.), Breen Color Concentrates (U.S.), Hudson Color Concentrates (U.S.), Penn Color, Inc. (U.S.), Colortech Inc. (U.S.), and Plasticoncentrates, Inc.
Browse Related Reports:
Masterbatch Market by Type (White, Black, Color, Additive, Filler, and Others) and by Application (Packaging, Building & Construction, Automotive, Consumer Goods, Textile, and Others) - Global Trends & Forecasts to 2020
Color Masterbatch Market by Type (Standard Color, Tailor-made Color, Specialty Color), Carrier Resin (PE, PP, PS) and End-use Industry (Packaging, Building & Construction, Consumer Goods, Automotive, Agriculture) - Global Trends & Forecasts to 2021
Subscribe Reports from Chemicals & Materials Domain: http://www.marketsandmarkets.com/Knowledgestore.asp
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, and strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarket's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
701 Pike Street
Suite 2175, Seattle,
WA 98101, United States
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets