Growth of the End-User Market Boosting Growth in the Global Masterbatch Market: Technavio Report

Renewable energy

 

London, 10 September 2014: TechNavio, the independent tech-focused global research firm, has published a report on the Global Masterbatch Market 2014-2018, which is expected to post a CAGR of 5.37 percent during the forecast period of 2013-2018.

Masterbatches are additives or pigments in the form of concentrated mixtures used for coloring or imparting desired properties to polymers. They allow the processor to improve the appearance and performance of raw polymer economically during the plastics manufacturing process. Masterbatches allow manufacturers to improve the appearance and performance of the raw polymer in a cost-effective manner during the plastic manufacturing process.

Key Market Drivers

  • Growth in End-user Market
  • Rapid Pace of Industrialization
  • Rapid Expansion and Development in APAC Region
  • Increased Application of Packaging

Key Market Trends

  • Launch of New Products and Technology
  • Use of Customized Masterbatches
  • Growing E-commerce Practices
  • Strategic Alliances and Partnerships

Key Market Vendors

  • Ampacet Corp.
  • Schulman Inc.
  • Clariant International Ltd.
  • PolyOne Corp.

“The Global Masterbatch market is experiencing increased demand because of the evolving demand among the end-user sectors for high functional and performance products,” says Faisal Ghaus, Vice President of TechNavio.

“Moreover, with an increase in industrialization in many emerging economies, the demand for and growth of the Masterbatch market will increase.”

To define the market circumstances in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.

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