Press release
Liquid Masterbatch Market is Predicted to Grow at US$ 19.2 billion by 2034 | Fact.MR Analysis
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Liquid masterbatches are a type of plastic compound that is dissolved in a solvent and then extruded through a small opening, similar to a spinneret. The liquid is propelled through the hole under pressure and solidifies into thread-like structures. Once taken away from the spinneret and allowed to cool, these threads can be cut into pellets or other desired shapes.
This substance, which comes in liquid and solid forms, is used to enhance the antistatic, antifog, antilocking, UV stabilizing, and flame-retardant qualities of polymers while also adding color. A variety of carrier polymers are favored in addition to the product for use in injection molding and extrusion procedures.
Need for color and functional additives in a variety of applications is driving the expansion of the market. Furthermore, the worldwide market for liquid masterbatches is expanding due to consumers' desire for eco-friendly and lightweight products.
Key Takeaways from Market Study:
The global liquid masterbatch market is set to reach US$ 11.78 billion in 2024.
Demand for liquid masterbatches is projected to rise at a CAGR of 5% from 2024 to 2034.
The market is projected to reach US$ 19.2 billion by 2034-end.
The market in East Asia is forecasted to expand at a CAGR of 5.5% through 2034.
Demand for plasticizers or PVC is projected to increase at a CAGR of 5.8% through the forecast period.
North America is estimated to account for 28.6% share of the global market in 2024.
Browse Full Report: https://www.factmr.com/report/liquid-masterbatch-market
"One of the main factors projected to drive the global liquid masterbatch market during the forecast period is the replacement of metal by plastics in the end-use sectors, such as automotive and transportation, building and construction, consumer products, and packaging," says a Fact.MR analyst.
Leading Players Driving Innovation in the Liquid Masterbatch Market:
Cabot Corporation | Tosaf | Avient | Clariant | Americhem | BASF SE | Ferro-Plast Srl | A. Schulman | RTP CO.
Growing Emphasis on Sustainable and Eco-Friendly Masterbatch Solutions in Manufacturing:
Increasing awareness of sustainability concerns and pressing environmental challenges are leading to a rise in the demand for environmentally friendly masterbatch solutions. There is an evident trend in the manufacturing sector toward the search for sustainable alternatives as governments, businesses, and consumers become aware of the need to implement ecologically responsible practices.
Potential environmental benefits of liquid masterbatches are one of the main reasons for their popularity. Liquid masterbatches may have advantages over their solid counterparts in terms of decreased energy costs related to production and lower carbon footprints. Liquid masterbatches may be made with fewer raw materials, which would make the production cycle more resource-efficient and sustainable.
Ampacet announced the release of PET UVA in June 2023. This masterbatch protects the food within the packaging from damaging UV rays, prolonging its shelf life and minimizing waste. UVA in PP and PE is also provided by the firm.
Segmentation of Liquid Masterbatch Market Research:
By Product Type :
Additives
Mineral Oils
Phthalates
Plasticizers or PVC
Polyurethane
Resins
By Color :
Black
White
By End Use :
Packaging
Aerospace
Marine
Cosmetics & Pharmaceuticals
Electronics & Electricals
Construction
Consumer Products
Check out More Related Studies Published by Fact.MR Research:
Vinyl Flooring Plasticizers Market: https://www.factmr.com/report/1509/vinyl-flooring-plasticizers-market
Gasoline Additives Market: https://www.factmr.com/report/3129/gasoline-additives-market
Fertilizer Additives Market: https://www.factmr.com/report/3052/fertilizer-additives-market
Rubber Additives Market: https://www.factmr.com/report/1785/rubber-additives-market
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