Masterbatch is a solid or liquid
additive for plastic which is used for coloring plastic or imparting
other properties to plastic. It is a concentrated blend of dyes or
additives condensed during heating process into a carrier resin which is
cooled and cut into a respective shape. Mater batch allow the process
to color raw polymer economically during the plastic manufacturing
process.
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Additive masterbatch is a new durable
and advance innovation in market. The rising demand of innovative
product is driving the additive masterbatch market.
Additive Masterbatch Market: Dynamics
Additive masterbatch has enhance the
properties of plastic. Plastic carry the property of water resistance,
scratch resistance chemical residence, additive masterbatch is enhancing
the same. The rising demand of plastic durability is driving the
additive market grow. The flame retardant additive masterbatch is
significant for fire avoidance in the respective industries. While
processing plastic flame retardant are mixed to get flame retardant
property additive masterbatch. The increasing demand of plastic material
in food & beverage, pharmaceutical, consumer goods and other
industry raising the market of additive masterbatch market. The additive
masterbatch application can be in various forms like color plastic bag,
plastic toys, sheet, wrap basket, lids pipes and others.
Additive Masterbatch Market: Segmentation
The global demand of additive
masterbatch can be segmented on the basis of product type, by carrier
resin, end use and region basis. Product type can be further segmented
into antimicrobial, antioxidant, flame retardants. Carrier resin can be
classified by PE, PP,PS. End use of additive masterbatch can be
packaging , building & construction, consumer goods, automotive,
agriculture. Antimicrobial is the fasted growing type of additive
masterbatch among others and also capture major share of additive
masterbatch in market. Polyethylene is low density, high durability, and
moisture resistance due to which it is most preferable carrier resin
among others.
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Additive Masterbatch Market: Regional Overview
The additive masterbatch is segmented
among five region Europe, North America, Asia pacific, Latin America and
Middle East & Africa. Asia pacific is a largest shareholder of
additive masterbatch market due to increase in plastic consumption in
this region. The increasing demand of plastic material is driving the
market of additive masterbatch market worldwide. The use of plastic
product in the region like Middle East & Africa are attracting the
additive masterbatch market. The country like china and India are
emerging market for the additive masterbatch due to increasing
manufacturing of plastic products.
Additive Masterbatch Market: Key Players
The global key vendors of additive masterbatch
are Plastika Kritis S.A, A. Schulman, Inc., PolyOne Corporation,
Clariant AG and Plastiblends India Ltd. The other key players in the
market are Tosaf Group, RTP Company, Polyplast Muller GmbH, O’neil Color
& Compounding, DOW Corning Corporation, Ampacet Corporation.The
leading players mainly concentrate on new product launches to enhance
their market reach and make innovative products available to a large
number of customers among others. A majority of masterbatch packaging
companies are largely headquartered in Europe and North America.
However, there is growing influence of regional and China based players
in the market especially in Asia Pacific region. The market is expected
to create substantial opportunities for players worldwide.
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