A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global Color
Masterbatch
Market. The
study, titled “Color
Masterbatch Market - Global Industry Analysis, Size, Share, Growth,
Trends and Forecast 2016 - 2024”,
is available for sale on the firm’s website.
Color
Masterbatch is a concentrated mixture of additives and/or pigments
formed by compressing it into a carrier resin by heating process. It
is then cooled and cut into a granular shape. Masterbatch (MB) is
defined as a solid or liquid additive for plastic which is used for
coloring plastics (color masterbatch) or denoting other properties to
plastics (additive masterbatch). Advantages of color masterbatch are
good dispersion and distribution across plastics, not prone to uneven
color ills, which guarantee better physical and mechanical properties
to the material it is applied. Another advantage is mixing
performance of the subsequent molding equipment requirements are
lower; such as the use of color tablets for injection molding and use
of plunger injection machine, which can get good quality products.
Disadvantages of color masterbatch are coloring process step more
than it dry or pasty colorant to be more even coloring a plastic
granulation processes, the need for more production equipment and
production space, paying more production costs and therefore high
coloring costs, etc.
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Report Preview:
The
color masterbatch market is driven by increasing usage by polymer
manufacturers in their own compounding procedures and increasing use
of color masterbatch as substitute for compounds into engineering
polymer markets. Demand for color masterbatch also seemed to boost
because of higher use of special effects and colors to distinguish
products. Its demand is also helped by the necessity for advanced
performance standard from polymer materials with properties such as
UV stabilization, flame retardation, optical brightness, enhanced
transparency, surface resistivity, prevention of static and yellowing
(oxidative or thermal degradation), scratch resistant, etc. European
Union’s concern for reduction in greenhouse gases is causing a rise
in the demand for light weight vehicles. When plastic content is
increased in vehicles, it reduces their weight and emission of
carbon, which also increases fuel efficiency. This leads to
replacement of metal parts by plastic ones in the vehicles. This
indicates opportunities for growth in color masterbatch market.
Based
on the varying applications, color masterbatch market can be
segmented into : materials used in the aerospace; business machines
and office supply; appliance, electronics and connectors;
construction; automotive and transportation; healthcare;
military/government; consumer and sporting goods; industrial
equipment and power tools packaging for food articles, etc. Based on
the use of carrier coloring agent, color masterbatch market can be
segmented into : polypropylene, polyethylene, polystyrene, etc. Based
on the requirement of color type, color masterbatch market can be
segmented into : standard color, special color, custom-made color,
etc.
In
the world, in terms of demand and production, both, the European
industry is the leading color masterbatch industry. Due to
industrialization, the growth of the packaging industry in Asia is
also motivating the demand of color masterbatch. The reasons for
growth in packaging industry in Asia-Pacific are urbanization and
changing demand of consumers. Many major color masterbatch
manufacturers have moved their production facilities in the
Asia-Pacific due to increasing demand and low manufacturing costs in
the region. Market subtleties in developed regions such as Western
Europe and North America are considerably different from developing
regions such as Asia-Pacific and Africa. Structure of market in
Europe and North America is associated, whereas it is disjointed in
Asia Pacific.
Some
of the key participants in color masterbatch market are Alok
Masterbatches Pvt. Ltd., Americhem, Carolina Color Corporation,
Clariant, Color Master Inc., iDAdditives, Munsell, Shandong Luyan
Color Masterbatch Co. Ltd., O’Neil Color & Compounding, OCSiAl,
Panton, Penn Color Inc., Plastibends, Prayag Polytech Pvt. Ltd., PPG
Industries, RAL, Reedy Chemical Foam & Specialty Additives, RTP
Company, Tradepro Inc.
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to view Sample Report:
The
report offers a comprehensive evaluation of the market. It does so
via in-depth insights, understanding market evolution by tracking
historical developments, and analyzing the present scenario and
future projections based on optimistic and likely scenarios. Each
research report serves as a repository of analysis and information
for every facet of the market, including but not limited to: Regional
markets, technology developments, types, applications, and the
competitive landscape.
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