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The global masterbatch market size is
likely to reach USD 13.32 billion by 2026 owing to the rising number of
building and construction activities worldwide. Masterbatch are a liquid or
solid additive used for painting or for imparting various properties to the
plastics. Coloring Masterbatch 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, “Masterbatch
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, 2019-2026,” 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.
Source: https://www.fortunebusinessinsights.com/masterbatch-market-102353
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.
Market Drivers
Rise in Demand for
Plastic from Pharmaceutical Industry for Packaging will Bolster Growth
Various factors are
responsible for the global Masterbatch 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.
The global masterbatch market size is
likely to reach USD 13.32 billion by 2026 owing to the rising number of
building and construction activities worldwide. Masterbatch are a liquid or
solid additive used for painting or for imparting various properties to the
plastics. Coloring Masterbatch 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, “Masterbatch
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, 2019-2026,” 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.
Source: https://www.fortunebusinessinsights.com/masterbatch-market-102353
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.
Market Drivers
Rise in Demand for
Plastic from Pharmaceutical Industry for Packaging will Bolster Growth
Various factors are
responsible for the global Masterbatch 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.
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