DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "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" report to their offering.
The color concentrates 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.
The increasing demand for color concentrates in the packaging end-use industry due to the growing importance of aesthetics in the packaging of products and increasing use of plastics in various industries, such as textiles, building & construction, and automotive, among others, is driving the growth of the color concentrates market.
The liquid form segment of the color concentrates market is projected to grow at the highest CAGR during the forecast period due to various properties offered by liquid color concentrates, which include rapid color development, reduced energy consumption in their manufacturing, low material costs, enhanced color dispersion, accuracy in metering, and increased color consistency.
The packaging end-use industry segment is leading the color concentrates market and is projected to grow at the highest CAGR during the forecast period. The growth of this segment of the market can be attributed to increased use of color concentrates to color plastics, which are extensively used in the packaging industry. Plastics are preferred for packaging as they offer high strength, increased flexibility, excellent impermeability, lightness, and high stability. Use of color concentrates not only provides aesthetic appeal to the packaging of products but also helps in product differentiation, thereby influencing preferences of customers.
The Asia-Pacific color concentrates market is projected to grow at the highest CAGR during the forecast period.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Macroeconomic Indicators
7 Various Resin Types Used to Manufacture Color Concentrates Introduction
8 Color Concentrates Market, By Form
9 Color Concentrates Market, By End-Use Industry
10 Color Concentrates Market, By Region
11 Competitive Landscape
12 Company Profiles
- A. Schulman, Inc.
- Ampacet Corporation
- Breen Color Concentrates
- Colortech Inc.
- Ferro Corporation
- Hudson Color Concentrates
- Penn Color, Inc.
- Plasticoncentrates, Inc.
- Polyone Corporation
For more information about this report visit http://www.researchandmarkets.com/research/qn36r3/color