DUBLIN--(BUSINESS WIRE)--The "Global Plastic Color Concentrates Market - Segmented by Application, Product Type and Geography - Growth, Trends and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
The Global Plastic Color Concentrates market is estimated to register a significant CAGR during the forecast period. Masterbatch is expected to be the largest end-user segment, as of 2017.
Plastic materials, owing to their superior material characteristics, such as heat resistance, strength-to-weight ratio, and chemical stability, are increasingly being used to replace traditional materials, including bronze, stainless steel, and cast iron during automotive production. Plastic color concentrates, such as masterbatch ensure that the above needs are sufficed by offering new design opportunities in terms of color and form.
Masterbatch allows the manufacturer to color raw polymer economically during the plastics manufacturing process. Color masterbatch, which is used for coloring plastics, is widely used in various end-user industries, such as automotive, appliances etc., to make products look visually appealing. These end-user industries depend heavily on color for their marketing and branding strategies.
The growth of the market in the region is directly linked to the growing plastic industries in different countries in the region. China accounts for the largest share of the market in Asia-Pacific. In 2016, China was the largest producer of plastic materials in the world, accounting for 27.8% of the global plastics production. Moreover, China is the largest in terms of purchasing power parity and the second-largest economy in terms of nominal GDP.
Companies Mentioned
- A.Schulman
- Ampacet Corp.
- BASF SE
- Cabot Corp.
- Changzhou Hongmei Plastic Masterbatch Co. Ltd.
- Clariant International
- Dow Plastics International
- Ferro Coporation
- GABRIEL-CHEMIE GROUP
- Hubron International
- Kunststof-KEMI Skandinavia
- plastika kritis s.a
- PolyOne Corp.
- Polyplast Muller Group
- Tosaf Group
Key Topics Covered:
1. Introduction
2. Executive Summary
3. Market Insights
4. Market Dynamics
5. Market Segmentation and Analysis
6. Future of the Market
7. Regional Market Analysis
8. Competitive Landscape
9. Company Profiles
10. Disclaimer
For more information about this report visit https://www.researchandmarkets.com/research/3999pg/global_plastic?w=4
