Scope of the Study
Masterbatch is a solid product (normally of plastic, rubber, or elastomer) in which pigments or additives are optimally dispersed at high concentration in a carrier material. The carrier material is compatible with the main plastic in which it will be blended and the final product obtains the color or properties from the masterbatch. The plastic industry is one of the fastest-growing manufacturing sectors and the demand of plastics has surged up as a result of increased market penetration in industries such as packaging, healthcare, aerospace, electronics, automotive, and consumer goods.
The market study is being classified by Type (Antiblocks, UV Absorbers, Anti-Fogging, Chemical Resistant and Others), by Application (Consumer Goods, Packaging, Automobile, Building and Agriculture and Medical) and major geographies with country level break-up.
Prabha Polycolor Pvt. Ltd. (India), Gabriel-Chemie (Austria), Marval Industries, Inc. (United States), Granula (Switzerland), KK Polycolor Asia Ltd. (India), Clariant (Switzerland), Mundhra Masterbatches (India), Polyurethane Machinery Corp. (United States), Vibrant Colortech Pvt. Ltd. (India) and Blend Colours Pvt. Ltd. (India) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are SR Polymers (India), Toyo Ink Mfg. Co., Ltd. (Japan), Lanier Color (United States), RTP Company (United States) and Ampacet Corporation (United States).
Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Functional Masterbatch market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Functional Masterbatch market by Type, Application and Region.
On the basis of geography, the market of Functional Masterbatch has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- The Plastic industry is the key driver
- Increased Market Penetration of Plastic in Numerous Industries
- Increasing Focus on Product Appeal and Packaging Raising Demand for Multi-Functional Packaging Products
- Government Norms to Minimize Plastic Usage Is Hampering Market Growth
- Rising Demand for Plastic from Electronics Industry
Key Target AudienceMasterbatch Manufacturer, Raw Material Supplier, Government Agencies and Others
Customization in the Report Available:The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be informed prior purchase