LONDON, Oct. 19, 2016 /PRNewswire/ -- The market size of
additive masterbatch is projected to reach USD 3.40 billion by 2021, registering a CAGR of
6.0% between 2016 and 2021. The rising demand for durable and
advanced products is driving the market for additive masterbatch.
The rise in use of plastics in heavy and light packing drives the
demand for additive masterbatch. China is the largest market for additive
masterbatch o because of rising demand from the end-use industries
such as automotive, packaging, and others.
"Antimicrobial additive masterbatch to dominate the market
during the forecast period"
The high demand for antimicrobial additive masterbatch is backed
by growing use of plastics in day-to-day activities. Additive
masterbatch is used in several end-use industries such as consumer
goods, construction & building, automotive, and agriculture.
The flame retardant additive masterbatch is important for fire
prevention in the abovementioned industries to delay ignition time.
Flame retardant additives are mixed while processing plastics to
obtain essential flame retardant property.
"Asia-Pacific to be the
fastest-growing market during the forecast period"
Asia-Pacific is the
fastest-growing additive masterbatch market, in terms of value. The
increased consumption of plastics in the region has led to the
expansion of plastic manufacturing plants. The per capita
consumption of plastics is estimated to rise significantly during
the forecast period. The rising demand for plastics in food,
pharmaceutical, and consumer goods packaging applications is
driving the market for additive masterbatch.
Breakdown of profile of primary interviews for the
report
- By Company Type – Tier 1 – 30%, Tier 2 – 43%, and Tier 3 –
27%
- By Designation – C Level – 21%, Director Level – 23%, and
Others – 56%
- By Region – North America –
37%, Europe – 23%, Asia-Pacific – 26%, and RoW – 14%
Some of the key companies profiled in this report are A.
Schulman, Inc. (U.S.), Clariant AG (Switzerland), Polyone Corporation (U.S.),
Plastiblends India Ltd. (India),
and Plastika Kritis S.A. (Greece),
and others.
Reasons to buy this report:
From an insight perspective, this research report has focused on
various levels of analysis — industry analysis (industry trends),
market share analysis of top players, supply chain analysis, and
company profiles, which together comprise and discuss the basic
views on the competitive landscape; emerging and high growth
segments of the additive masterbatch market; high growth regions;
and market drivers, restraints, and opportunities.
The report provides insights on the following
pointers:
- Market Penetration: Comprehensive information on additive
masterbatch offered by the top players in the global additive
masterbatch market
- Product Development/Innovation: Detailed insights on upcoming
technologies, R&D activities, and new product launches in the
additive masterbatch market.
- Market Development: Comprehensive information about lucrative
emerging markets – the report analyzes the markets for additive
masterbatch across regions.
- Market Diversification: Exhaustive information about new
products, untapped geographies, recent developments, and
investments in the global additive masterbatch market.
- Competitive Assessment: In-depth assessment of market shares,
strategies, products, and manufacturing capabilities of the leading
players in the additive masterbatch market.
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