What is White Masterbatch Market?
Masterbatch is a solid or liquid additive for plastic used for coloring plastics or importing other properties to the plastics. White masterbatchs are manufactured with high-quality and micronized Titanium dioxide and specific polymer as per the applications. It is used to give white color to the plastic products. It is also used to provide transparency and brightness in the final plastic product.
The market study is being classified by Type (Solid Masterbatch and Liquid Masterbatch), by Application (Automotive, Consumer Goods, Packaging, Agriculture, Construction and Others) and major geographies with country level break-up.
Clariant AG (Switzerland), A. Schulman, Inc. (United States), Ampacet Corporation (United States), Polyone Corporation (United States), Cabot Corporation (United States), Plastika Kritis S.A. (Greece), Plastiblends India Ltd (India), Hubron International (United Kingdom), Tosaf Group (Israel) and Penn Color, Inc. (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Americhem, Inc. (United States), Astra Polymers (Saudi Arabia), Dongguan Hengcai Plastic Pigment Co Ltd. (China), Prayag Polytech (India) and RTP Company (United States).
Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global White Masterbatch market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global White Masterbatch market by Type, Application and Region.
On the basis of geography, the market of White Masterbatch has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Rising Use of Plastic as a Substitution for Metal
- Increased Use and Consumption of PVC and CPVC in Numerous Products
Market Trend
- Demand for Biodegradable Masterbatches
Restraints
- Fluctuations in the Raw Material Prices
Opportunities
- Growing Demand from Construction Industry
- Rising Awareness among the Consumers about Attractive Interiors
Challenges
- Cost of the Final Product
Key Target Audience
White Masterbatch Manufacturers, Raw Material Suppliers/ Buyers, Distributors, Government Body & Associations and End-user