Global Color Masterbatch Market Witnessed Exponential Growth And Is Projected To Reach USD 7,268.3 Million By 2027 With An Estimates CAGR Of 5.88% During Forecast Period

Global Color Masterbatch Market information: by type (white, standard, black, additive, others), by application (consumer goods & retail, textile, packaging, automotive, others) and by region – Forecast till 2027

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Market Synopsis of Global Color Masterbatch Market
Color masterbatch is a concentrated mixture of additives and pigments that is used to impart color and enhance properties such as antifog, antilocking, UV stabilizer and flame retardant. The growing demand for special effects and color-distinguish products among packaging industry are anticipated to drive the overall market. The major advantage of color masterbatch is good color dispersion across polymer materials which enhance both physical and mechanical properties of the applied material. Thus, increasing demand of color masterbatch as substitute for compounds into engineering polymer markets is further expected to boost the growth of overall market.
According to MRFR analysis, the global color masterbatch witnessed exponential growth and is projected to reach USD 7,268.3 million by 2027 with an estimates CAGR of 5.88% during forecast period. Rise in packaging sector on account of growth in e-commerce business is also expected to drive the global color masterbatch market. Moreover, increasing demand for ready-to-eat products among millennial is anticipated to augment the market growth. Manufacturers are investing on R&D and innovative ideas for product packaging in order to attract more customers, thereby positively influencing color masterbatch consumption. However, volatility in raw material prices and imbalance in demand and supply of plastic material is hindering the market growth. Additionally, stringent regulations related to emission of harmful gases in environment is set to challenge industry participants over the forecast period.
The replacement of metal by plastic polymer in various end-use industries such as automotive, construction, packaging and consumer goods are likely to boost the global color masterbatch market. Automotive emerged as the leading end-use industry and accounted for over 28% of the overall market share and is projected to reach USD 2,089.6 million by 2027. Increasing automotive production and sales in the emerging economies of Asia Pacific and Latin America is set to drive the growth over the forecast period. Over the years, there has been immense increase in the use of lightweight plastic and polymer-based components in the automotive industry to reduce the emission and vehicle body weight. Countries like China, Germany, and the U.S. has registered increase in production of lightweight vehicles, thus directly influencing the growth of color masterbatch demand. In addition, rising usage of colored polymers for electronics industry can help the manufacturers to increase their purchase of raw material of color masterbatch.
Global Color Masterbatch Market Share, by Application, 2016 (%)

Sources: MRFR Analysis
Regional Analysis
The global color masterbatch market is segmented into five key regions Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa. Among them, Europe accounted for the largest market share in 2016, and is projected to grow at the highest CAGR of 5.91% to reach USD 2,551.5 million by the end of 2027. Rising automotive production in countries such as Germany and Spain among others coupled with cost effective availability of plastic is a key factor for regional market growth. Asia Pacific is also slated to witness significant growth and accounted for 29.9% of the overall market share in 2016. Rapid urbanization leading to changing consumer lifestyle is expected to augment the global color masterbatch market. Moreover, rise in construction & infrastructure projects in India, Brazil and Indonesia is further projected to drive the product demand over the forecast period. North America is another significant region in the global color masterbatch market.
Growing packaging sector including retail, industrial and consumer packaging that is convenient, sustainable and flexible are driving demand for plastic which inherently drives color masterbatch market demand in the U.S. Latin America and Middle East & Africa are estimated to grow at a moderate rate during the forecast period.
Segmentation
The global color masterbatch market is segmented on the basis type, application and region.
On the basis of type the market is divided into white masterbatch, standard masterbatch, black masterbatch and additive masterbatch among others.
By application, the market is segmented into consumer goods & retail, textile, packaging and automotive among others.
Geographically, the global color masterbatch market is spanned across: Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa.
Key Players
The prominent players operational in the global color masterbatch market are A Schulman Europe, TOSAF Compounds, Polyplast Müller, Polyone Corporation, Hubron, Clariant Masterbatches and Cabot Plastics International among others.
Key Findings
Global color masterbatch market is projected to reach USD 7,268.3 million by 2027 with CAGR 5.88% during review period of 2016-2027. Europe was the leading region in 2016 and is expected to grow at a CAGR of 5.91% owing to huge automotive manufacturing base and large number of plastic component manufacturing industries. Asia Pacific accounted for second largest market in the global color masterbatch. This is attributed to growing demand of color masterbatch in building and construction sector. Color masterbatch market is a fragmented market, however, tier 1 and tier 2 manufacturers dominate the market. Major players are incorporating strategies like expansion and acquisition to meet the global demand. The key players involved in such strategies are A Schulman Europe, Clariant, Cabot plastic international and Polyplast Muller.

Geographic Analysis
The report covers brief analysis of geographical region includes
World
• Asia Pacific
o China
o India
o Japan
o Rest of Asia Pacific
• Europe
o Germany
o UK
o Spain
o Italy
o France
o Rest of Europe
• North America
o US
o Canada
• Middle East & Africa
• Latin America
Intended Audience
• Manufacturers and distributors of color masterbatch.
• Suppliers and traders.
• Government, associations and industrial bodies.
• Investors and Trade experts.
• Consulting in chemical experts.
DC description
 Masterbatch
 Pigments masterbatch
 Black masterbatch
 Polymer minerals
 Additive masterbatch
 Colorful plastics

Table of Contents

1 Report Prologue 13

2 Market Introduction 16
2.1 Definition 16
2.2 Scope of the Study 16
2.3 Research Objective 16
2.4 Assumptions & Limitations 17
2.4.1 Assumptions 17
2.4.2 Limitations 17
2.5 Market Structure 17
2.6.1 Types 18
2.6.1.1 Introduction 18
2.6.1.2 White Masterbatch 18
2.6.1.3 Standard Color Masterbatch 18
2.6.1.4 Black Color Masterbatch 18
2.6.1.5 Additive Masterbatch 19
2.6.2 Application 19
2.6.2.1 Introduction 19
2.6.2.2 Consumer Goods & Retail 19
2.6.2.3 Textile 19
2.6.2.4 Packaging 19
2.6.2.5 Automotive 20
2.6.2.6 Others 20

3 Research Methodology 21
3.1 Primary Research 22
3.2 Secondary Research 22

4 Market Dynamics 23
4.1 Introduction 23
4.2 Drivers 24
4.2.1 Growing Demand from Plastic Industry 24
4.2.2 Growing Demand of Lightweight Vehicles 25
4.2.3 Increasing Demand from APAC Region Due to Rapid Industrialization 25
4.2.4 Increasing Demand for Specialized Colors 26
4.3 Restraints 26
4.3.1 Fluctuating Prices Across the Regions 27
4.3.2 Shortage of Raw Material 27
4.4 Opportunities 28
4.4.1 Growing Construction & Electronics Markets 28
4.4.2 Increasing Plastic Production 28

5 Market Analysis 29
5.1 Supply Chain Analysis 29
5.1.1 Raw Material 29
5.1.2 Compounding & Manufacturing Process 29
5.1.3 End User 30

6 Color Masterbatch Market, By Type 31
6.1 Global Color Masterbatch Market, By Type 31
6.2 White Masterbatch 33
6.3 Standard Color Masterbatch 37
6.4 Black Masterbatch 40
6.5 Additive Masterbatch 44
6.6 Others 48

7 Color Masterbatch Market, By Application 53
7.1 Color Masterbatch Market, By Application 53
7.2 Consumer Goods & Retail 55
7.3 Textile 59
7.4 Packaging 63
7.5 Automotive 67
7.6 Others 71

8 Color Masterbatch Market, By Region 75
8.1 Color Masterbatch Market By Region 75
8.2 North America 76
8.2.1 US 78
8.2.2 Canada 81
8.3 Europe 83
8.3.1 Germany 86
8.3.2 UK 88
8.3.3 France 90
8.3.4 Spain 92
8.3.5 Italy 94
8.3.6 Rest of Europe 96
8.4 Asia-Pacific 99
8.4.1 China 101
8.4.2 Japan 103
8.4.3 India 106
8.4.4 Rest of Asia-Pacific 108
8.5 South America 110
8.6 Middle East & Africa 112

9 Company Landscape 116
9.1 Key Developments of major market players 116

10 Company Profiles 120
10.1 A Schulman Europe 120
10.1.1 Company Overview 120
10.1.2 Product/Business Segment Overview 120
10.1.3 Financial Updates 122
10.1.4 Key Developments 124
10.2 TOSAF Compounds 126
10.2.1 Company Overview 126
10.2.2 Product/Business Segment Overview 126
10.2.3 Financial Updates 127
10.2.4 Key Developments 127
10.3 Polyplast Müller 128
10.3.1 Company Overview 128
10.3.2 Product/Business Segment Overview 128
10.3.3 Financial Updates 128
10.3.4 Key Developments 129
10.4 Polyone Corporation 130
10.4.1 Company Overview 130
10.4.2 Product/Business Segment Overview 130
10.4.3 Financial Updates 131
10.4.4 Key Developments 132
10.5 Hubron 133
10.5.1 Company Overview 133
10.5.2 Product/Business Segment Overview 133
10.5.3 Financial Updates 133
10.5.4 Key Developments 134
10.6 Clariant Masterbatches 134
10.6.1 Company Overview 134
10.6.2 Product/Business Segment Overview 135
10.6.3 Financial Updates 136
10.6.4 Key Developments 138
10.7 Cabot Plastics International 138
10.7.1 Company Overview 138
10.7.2 Product/Business Segment Overview 139
10.7.3 Financial Updates 139
10.7.4 Key Developments 140

11 Conclusion 141

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