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The Global Black Masterbatches Market size is expected to grow at an annual average of 4% during 2021-2027. This growth is mainly supported by the growing demand for innovative and attractive plastic products in the packaging industry. Most polymer manufacturers have switched their plastic processing methods from compounding to masterbatch. This process is cost-effective and saves processing time compared to composite materials. Black masterbatch manufacturers in the US and Europe are focusing on expanding their manufacturing facilities in emerging economies due to cost-effective labor, low installation costs, tax benefits and high demand for black masterbatch.
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A full report of Global Black Masterbatches Market is available at: https://www.orionmarketreports.com/black-masterbatches-market/59712/
Key Market Players
Key players in this market are LyondellBasell (US), Avient Corporation (US), Ampacet Corporation (US), Cabot Corporation (US), Plastika Kritis S.A. (Greece), Plastiblends India Ltd. (India), Hubron International (UK), Tosaf Group (Israel), and Penn Color, Inc. (US). The global and regional players have sizable shares in the black masterbatch market. The key players in the market are focusing on strategies, such as new product launches, partnerships & agreements, acquisitions, and expansions, to expand their businesses globally
The following Segmentation are covered in this report:
On the basis of end-use:
- Automotive
- Packaging
- Infrastructure
- Electricals & Electronics
- Consumer Goods
- Agriculture
- Fibers
- Others
The report covers the following objectives:
- Proliferation and maturation of trade in the global Black Masterbatches Market.
- The market share of the global Black Masterbatches Market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Black Masterbatches Market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Black Masterbatches Market.
(This release has been published on Global Market Post. Global Market Post is not responsible for any content included in this release.)
