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  1. The global masterbatches market size is likely to reach USD 13.32 billion by 2026 owing to the rising number of building and construction activities worldwide. Masterbatches are a liquid or solid additive used for painting or for imparting various properties to the plastics. Coloring masterbatches are utilized for coloring or shading plastic items. It can also be used for conveying properties such as UV Stabilizer, antioxidant, effect, energy, and bio-degradable. A recent report by Fortune Business Insights offers insights into the market and its prime growth trajectories. As per the report titled, “Masterbatches Market Size, Share & Industry Analysis, By Type (White, Black, Color, Additive, and Fillers), By Polymer (Polyethylene, Polypropylene, Polyvinyl Chloride, Polyethylene Terephthalate, and Others), and By End-Use (Packaging, Building & Construction, Consumer Good, Automotive, Agriculture, and Others), and Regional Forecast, 2025-2032,” the value of the market was USD 10,991.04 Million in 2018 and is likely to exhibit a CAGR of 5.3% during the forecast period, 2019 to 2026. What is the Scope of the Report? The report is based on an in-depth analysis of the market and offers a comprehensive ve overview of the same. The report focuses on factors boosting, repelling, challenging, and creating opportunities for the market. It also discusses the table of segmentation of the market based on factors such as type, polymer, end-use, and geography and lists the names of the leading segment with its attributed factors. In addition to this, the report throws light on recent industry developments, current trends, and other interesting insights into the market. It also lists the names of players operating in the market and the major strategies adopted by them to gain a competitive edge in the market. Get a Free Sample PDF Brochure: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/masterbatch-market-102353 Market Drivers Rise in Demand for Plastic from Pharmaceutical Industry for Packaging will Bolster Growth Various factors are responsible for the global masterbatches market growth. These include the rise in construction activities for all residential, commercial, and industrial purposes, increasing demand for automobiles, especially lightweight vehicles, and the increasing preference for plastic goods worldwide. On the contrary, factors such as the fluctuating price of raw materials such as titanium dioxide, polymers, and others with a high volatile nature may pose a major challenge to the overall market. Nevertheless, increasing demand for plastic packaging from sectors such as food and beverage and pharmaceuticals are likely to create lucrative growth opportunities for the market in the coming years. Regional Segmentation Asia Pacific to Continue Dominance with Increasing Consumer Expenditure on Infrastructural Development In 2018, Asia Pacific emerged dominant in the market with a revenue of USD 3,998.14 Million. This is attributed to the high demand for packaging from key economies such as China, India, and Taiwan. Besides this, the rise in consumer expenditure on power and the increasing demand for plastic goods will also help promote the regional market in the forthcoming years. Furthermore, the rapid growth of packaging, consumer goods, and automotive companies and the rise in agriculture sectors is anticipated to help this region continue dominating the market in the coming years. On the other side, the market in Europe will witness remarkable growth on account of the rising demand from industries such as automotive, building and construction, and the rising popularity of lightweight vehicles in the region. Competitive Landscape Fragmented Nature of Market will Intensify Competition The global masterbatches market enjoys a fragmented nature of the market owing to the presence of various players both small and medium-sized. Companies are aiming at a large network of distribution and providing a good supply chain with regulatory expertise. Other players are engaging in collaborative efforts such as joint ventures, partnerships, mergers and acquisitions, contracts and agreements, and others to gain a competitive edge in the market on the one side and earn attracting revenue on the other. List of Masterbatches Market Manufacturers include: Ampacet Corporation PolyOne PLASTIKA KRITIS S.A. Hubron International Penn Color Inc. Clariant Schulman, Inc. Cabot Corporation Plastiblends Tosaf Other Players Major Industry Developments of the Market include: February 2019 – PLA masterbatches were launched by Viba, a masterbatch producer in Italy. It is a range of color concentrating additives or combining masterbatches based on a PLA carrier material and optimized for various processing technologies. December 2019 – Clariant Color and Masterbatches Additives Company were acquired by PolyOne Corporation for introducing specialized technology and solutions to the end-user market for apparel, packaging, and healthcare. Get Your Customization Report: https://www.fortunebusinessinsights.com/enquiry/ask-for-customization/masterbatch-market-102353 About Us: Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in. Address: Fortune Business Insights Pvt. Ltd. 9th Floor, Icon Tower, Baner – Mahalunge Road, Baner, Pune-411045, Maharashtra, India. Phone US: +18339092966 UK: +448085020280 APAC: +91 744 740 1245 Email: sales@fortunebusinessinsights.com Linkedin | Twitter | Blogs
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