Masterbatch Market Worth $12.1 Billion by 2019
DALLAS, October 2, 2014 /PRNewswire/ --
According to the new research 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", published by MarketsandMarkets, defines and segments the global masterbatch market with an analysis and forecast for types, and applications by volume as well as value.
Browse 104 market data tables with 72 figures spread through 183 pages and in-depth TOC on"Masterbatch Market - Global Trends & Forecast to 2019"
http://www.marketsandmarkets.com/Market-Reports/masterbatches-market-168014686.html
Early buyers will receive 10% customization on reports.
"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. 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.
For Inquiry Before Buying:http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=168014686
"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. 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.
Browse Related Reports:
Engineering Plastics Market by Type (Acrylonitrile butadiene styrene, Fluor polymer, Polyamide, Polycarbonate, Polyoxymethylene, Thermoplastic Polyesters, and Others), Applications and Geography - Trends & Forecasts (2013- 2018)
http://www.marketsandmarkets.com/Market-Reports/engineering-plastics-market-687.html
Dyes and Pigments Market - Dyes (Reactive, Disperse, Acid, Direct, Basic, VAT), Organic Pigments (Azo, Phthalocyanines, High Performance) & Inorganic Pigments (TiO2, Iron Oxide, Carbon Black & Others) - Global Trends & Forecast to 2018
About MarketsandMarkets
MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.
MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers thirteen industry verticals; including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, telecommunications and IT, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, aerospace & defense.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Contact:
Mr. Rohan
North - Dominion Plaza
17304 Preston Road
Suite 800, Dallas, TX 75252
Tel: +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical
Share this article