DUBLIN, Nov. 6, 2014 /PRNewswire/ -- Research and Markets has announced the addition of the "Masterbatch Market by Type, and Application - Global Trends & Forecast to 2019" report to their offering.
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Masterbatch are concentrated mixture of pigments or additives, solid or liquid, used for coloring or imparting desired properties to polymers. Pigments, carrier, dispersant, and additives are the raw materials required for masterbatch production. The masterbatch market can be classified into five segments white, black, additive, color, and filler.
Additive masterbatch is the fastest-growing segment that finds its application in customized plastic products of industries, such as automotive, electronic appliances, textile, pharmaceutical packaging, and food & beverages packaging. Color masterbatch is used in the production of plastics for automobiles, electronic appliances, flexible packaging for food and beverages and medicine packaging. Black masterbatch is mainly used in construction, automotive & electronic appliance industries.
The packaging application industry is expected to drive the masterbatch market. Plastics, especially engineered plastics, possess superior mechanical and electrical properties, superior abrasion resistance, superior chemical resistance, and other better properties compared to metals in various end-use industries.
Continuous innovation and need for lighter material in several end-use industries are encouraging the replacement of the metals in these industries. The masterbatch industry is likely to be benefitted from the expected high consumption of plastics. Masterbatch, especially color masterbatch is frequently used in coloring the automotive plastics for use in the interiors of a car.
Asia-Pacific and South America are expected to witness high growth rates during the forecast period (2014-2019). The masterbatch market in Europe and North America is consolidated, whereas the masterbatch market in Asia-Pacific has a fragmented structure, where China alone has around 500 masterbatch manufacturers. Due to the large number of mergers and acquisition taking place, rivalry in the masterbatch industry is expected to reduce during the forecast period.
Asia-Pacific dominated the masterbatch market followed by Europe. Asia-Pacific is the largest market for masterbatch owing to the high demand of plastics from construction and automobile industries. Asia-Pacific and South America are projected to register high growth rates up till 2019.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Masterbatch Market, By Type
8 Market, By Application
9 Regional Analysis
10 Competitive Landscape
11 Competitive Landscape
12 Company Profiles
13 Appendix
Companies Mentioned:
- A. Schulman, Inc.
- Ampacet Corporation
- Cabot Corporation
- Clariant AG
- Hubron International Ltd.
- Plastika Kritis S.A.
- Polyone Corporation
For more information visit http://www.researchandmarkets.com/research/8x88k2/masterbatch
Media Contact: Laura Wood, +353-1-481-1716, press@researchandmarkets.net
