Monday, 22 September 2014

Masterbatch Market Growing Seeing Launch of New Products and Technology

Masterbatches are additives or pigments, which are in concentrated form, used for coloring or imparting desired properties to polymers. Masterbatch allows the molder to improve the appearance and performance of the raw polymer or resin in a cost-effective manner during the plastics manufacturing process. They are broadly classified into four types: black, white, color, and additive. Masterbatches are used in many end-user sectors such as Packaging, Consumer Goods, Textiles, Agriculture, Building and Construction, Automotive, and Furniture.
Analysts forecast the Global Masterbatch market to grow at a CAGR of 5.37 percent over the period 2013-2018.
The report recognizes the following companies as the key players in the Global Masterbatch Market: Ampacet Corp., A. Schulman Inc., Clariant International Ltd. and PolyOne Corp.
Other Prominent Vendors in the market are: Americhem, Cabot, Changzhou Hongmei Plastic Masterbatch, Chromaflo Technologies, Dow Corning, Ferro, Gabriel Chemie, Hubron, Ingenia Polymer, Plastiblends India, Plastika Kritis, Polyplast Muller Group, RTP, Teknor Apex, Tosaf Group, Yangxi Huaqiang Color Masterbatch Factory
One key trend emerging in this market is the launch of new products and technologies. Many manufacturers are implementing innovative technologies, which help in producing sophisticated products as per customers' demand.
Covered in this Report
The Global Masterbatch market can be categorized into four segments based on type: Black, White, Color, and Additive. The Color and Additive masterbatch segments are growing at a fast rate.
Global Masterbatch Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Masterbatch Market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
According to the report, one of the most important drivers in the market is the growth of the end-user market. Masterbatches allow manufacturers to improve the appearance and performance of the raw polymer in a cost-effective manner during the plastic manufacturing process.
Further, the report states that one of the major challenges that confront the market is the fluctuation in the prices of raw materials such as crude oil, which affects the production of masterbatches.
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