Irving, TX -- (SBWire) -- 07/27/2017 --According to a new market report published by Lucintel, the future of the global masterbatch market is attractive with opportunities in various end use industries, including packaging, building and construction, consumer goods, transportation, electrical and electronics, and textiles industries. The global masterbatch market is expected to reach an estimated $10.9 billion by 2022 and it is forecast to grow at a CAGR of 4.2% from 2017 to 2022. The major driver for growth of this market is increasing demand for plastic as substitutes for various materials like metal, concrete, and steel in various end use industries.
Browse 98 Market Data Tables and 124 Figures spread through 186 Pages and in-depth TOC on "Masterbatch Market - Global Forecast to 2022" http://www.lucintel.com/ds/masterbatch-market-2017-2022.aspx
In this market, packaging, building and construction, consumer goods, transportation, electrical and electronics, and fiber and textiles are the major end use industries. On the basis of its comprehensive research, Lucintel forecasts that the packaging is expected to remain the largest segment by value and volume and will experience the highest growth over the forecast period supported by increasing consumption of packaged consumer goods.
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By product type, color, black, white, and additives are the major masterbatch utilized to manufacture plastic products. Color masterbatch is expected to be the largest market by value and volume because it's used for special effect and colors to distinguish products.
By carrier resin type, polyethylene (PE), polypropylene (PP), and polystyrene (PS) are the major carrier resin utilized to manufacture masterbatch. PE resin is expected to be the largest market by value and volume due to growth in demand of PE based plastic products.
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Asia Pacific (APAC) is expected to remain the largest region by value and volume; APAC is also expected to experience the highest growth over the forecast period due to growth in end use industries. Increasing urbanization, rising construction and infrastructure activities, changing consumer lifestyles, economic development, and demand for plastic products especially in China and India are the major growth drivers.
Emerging trends, which have a direct impact on the dynamics of the industry, include growing demand of anti-shrinkage and flame retardant masterbatches for PP pipes and PC sheets, and increasing demand for biodegradable masterbatch products. Clariant AG, Polyone Corporation, A.Schulman, Ampacet Corporation, and Cabot Corporation are among the major suppliers of the masterbatch market.
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The study includes a forecast for the global masterbatch market by product type, process, carrier resin, end use industry, and region as follows:
By Product Type (Volume (Million Pounds) and $M shipment analysis for 2011- 2022):
- Color
- White
- Black
- Additive
- Filler
By End Use Industry [Volume (Million Pounds) and $M shipment analysis for 2011- 2022):
- Packaging
- Building and Construction
- Consumer Goods
- Transportation
- Electrical and Electronics
- Fiber and Textiles
- Others
By Carrier Resin (Volume (Million Pounds) and $M shipment analysis for 2011- 2022):
- Polyethylene (PE)
- Polypropylene (PP)
- Polystyrene (PS)
- PA(Polyamide)
- EVA(Ethyl vinyl acetate)
- ABS(Acrylonitrile butadiene styrene)
- SAN (Styrene Acrylonitrile)
- PC(Polycarbonate)
By Process (Volume (Million Pounds) and $M shipment analysis for 2011- 2022):
- Film Extrusion
- Blow Molding
- Injection Molding
- Pipe, Conducit, and Tubing
- Extrusion Coating
- Sheet and Thermofoming
- Wire and Cable
- Rotational Molding
- Other Extrusion
By Region (Volume (Million Pounds) and $M shipment analysis for 2011- 2022):
-North America
US
Canada
Mexico
-Europe
Germany
Italy
France
Benelux
-Asia Pacific
China
Japan
South Korea
India
-Rest of the World
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This 186-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link http://www.lucintel.com/toc/masterbatch-market-2017-2022.aspx helpdesk@lucintel.com
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About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit http://www.lucintel.com
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Lucintel
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This report answers following 11 key questions:
Q.1 What are some of the most promising potential, high-growth opportunities for the global masterbatch market by product type (color, white, black, additive, and filler), function type (PE, PP, PS, PC, EVS, SAN, and ABS), end use industry (packaging, consumer goods, electrical and electronics, transportation, fiber and textiles, building and construction, and others), by process (film extrusion, blow molding, injection molding, pipe, conducit and tubing, extrusion coating, sheet and thermoforming , wire and cable, rotational molding, and other extrusion) and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q. 2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.5 What are the business risks and threats to the market?
Q.6 What are emerging trends in this market and the reasons behind them?
Q.7 What are some changing demands of customers in the market?
Q.8 What are the new developments in the market? Which companies are leading these developments?
Q.9 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last 5 years in this market?
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