Press release
MEA Color Masterbatch Market Projected To Grow Radiantly at USD 413.2 million by 2027
Market HighlightsAlthough color masterbatch have a large number of advantages, the most important is their versatility. The increasing need for plastic and packaging across all modern applications is driving the growth of color masterbatch market. This has also resulted in the development of newer and improved application and performance properties; color masterbatch that are fast, easy, and low cost are in demand. Such newly developed color masterbatch include fast curing white, black and standard color masterbatches.
Key Findings
• MEA color masterbatch market is projected to reach USD 413.2 million by 2027 with 6.35% CAGR during review period of 2016-2027
• Africa region accounted for largest share due to growing application industries in this region
• Among types, Black Masterbatch has acquired the market share of 26% in 2015 with the market value of USD 53.1 million in 2015 growing at a CAGR of 7.31% till forecast period.
• Among applications, packaging industry emerged as the leading application industry in MEA color masterbatch market.
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Key Market Players
The key players in MEA color masterbatch market report included are
• A Schulman,
• TOSAF Compounds,
• Polyplast Müller,
• Polyone Corporation,
• Hubron,
• Clariant Masterbatches,
• Cabot Plastics International,
• Ampacet Corporation,
• Ferro Corporation
• Astra Polymers.
Market Segmentation Analysis
MEA color masterbatch market has been segmented into type, carrier resin and application. Among types, the market has been divided into Black Masterbatch, Standard Color Masterbatch, White Masterbatch, Additive Masterbatch and Filler Masterbatch. Black masterbatches has accounted the largest market in terms of value and volume. This market was valued at USD 55.0 million in 2015 which is projected to reach USD 119.5 million by 2027 with a CAGR of 7.31%. The major reason behind this exponential growth is due to the increasing number of small and medium scale producers and several key manufacturers focus shifting towards MEA market and increasing demand from plastic and consumer goods industries have propelled the demand.
Taste the market data and market information presented through more than 50 market data tables and figures spread in 110 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Middle East & Africa Color Masterbatch Market - Trends & Forecast, 2016-2027”
Market Segmentation
The Middle East & Africa Color Masterbatch Market has been segmented into types, carrier resin and application.
By Types
• Black Masterbatch
• Standard Color Masterbatch
• White Masterbatch
• Additive Masterbatch
• Filler Masterbatch
By Carrier Resin
• Polyethylene (PE)
• Polypropylene (PP)
• Polystyrene (PS)
By Application
• Packaging
• Automotive
• Consumer Goods & Retail
• Textile
• Agriculture
• Building & Construction
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Table of Content
1 Report Prologue
2 Market Introduction
2.1 Definition
2.2 Scope Of The Study
2.3 Research Objective
2.4 Assumptions & Limitations
2.4.1 Assumptions
2.4.2 Limitations
2.5 Market Segmentation
2.5.1 Types
2.5.1.1 Introduction
2.5.1.2 White Masterbatch
2.5.1.3 Standard Color Masterbatch
2.5.1.4 Black Color Masterbatch
2.5.1.5 Additive Masterbatch
2.5.1.6 Filler Masterbatch
2.5.2 Carrier Resin
2.5.2.1 Introduction
2.5.2.2 Polyethylene (PE)
2.5.2.3 Polypropylene (PP)
2.5.2.4 Polystyrene (PS)
2.5.3 Application 22
2.5.3.1 Introduction 22
Continue…………
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