Saudi Arabia Masterbatch Market Forecast and Opportunities, 2020 - Growing Demand for Biodegradable Masterbatches
DUBLIN, Aug. 04, 2015 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/d9wf3k/saudi_arabia) has announced the addition of the "Saudi Arabia Masterbatch Market Forecast and Opportunities, 2020" report to their offering.
The masterbatch market in Saudi Arabia is projected to surpass USD167 million by 2020
Rising government investments in downstream sector coupled with growing demand from end user industries such as packaging, building & construction and consumer appliances is forecast to propel the country's masterbatch market through 2020. Presently, the largest end user industry for masterbatch applications in Saudi Arabia is the packaging sector, and the segment is projected to dominate though 2020. Demand for masterbatches from plastic processing industries is predominantly being fueled by huge amount of money invested by the country's government in petrochemical and plastics sector.
Clariant accounts for the largest share in the country's masterbatch market, followed by Astra Polymer, Ingenia Polymers and Cabot.
Masterbatch, a concentrated solid or liquid mix of pigments and/or additives encapsulated into a carrier polymer resin, is used to include pigments or performance-enhancing additives to natural polymers. Easy availability of raw material, surging demand from end use industries and growing trend towards green building solutions and plastics is driving demand for masterbatches in Saudi Arabia. Masterbatches are being used in a wide range of applications in building and construction sector, production of household appliances and automotive sector. Over the last five years, the masterbatch market in Saudi Arabia has been witnessing introduction of high-quality, standardized masterbatches for use in construction, plastic, fiber and agriculture industries.
Market Trends & Developments
- Growing Demand for Biodegradable Masterbatches
- Implementation of Green Buildings Initiatives
- Growing Demand for Plastics from Automobile Sector - An Opportunity
- Major Players Focus on Market Expansion
- Increasing Focus on Plastics Recycling
Key Topics Covered:
1. Research Methodology
2. Analyst View
3. Product Overview
4. Saudi Arabia Polymer Industry Overview
5. Saudi Arabia Masterbatch Market Outlook
6. Saudi Arabia White Masterbatch Market Outlook
7. Saudi Arabia Black Masterbatch Market Outlook
8. Saudi Arabia Color Masterbatch Market Outlook
9. Saudi Arabia Additive Masterbatch Market Outlook
10. Pricing Analysis
11. Value Chain Analysis
12. Import-Export Analysis
13. Market Dynamics
14. Market Trends & Developments
15. Policy & Regulatory Landscape
16. Saudi Arabia Economic Profile
17. Competitive Landscape
18. Strategic Recommendations
Companies Mentioned
- A. Schulman, Inc
- Al Zhoor Plastic Factory
- Ampacet Corporation
- Astra Polymers Compounding Co Ltd
- Cabot Corporation
- Clariant Masterbatches (Saudi Arabia)
- Energya Plastics Saudi Arabia
- Ingenia Polymers Corp
- Juffali PolyOne Masterbatch Co. Ltd
- PolyAlwan Co
For more information visit http://www.researchandmarkets.com/research/d9wf3k/saudi_arabia
Media Contact: Laura Wood , +353-1-481-1716, press@researchandmarkets.net
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