The Global Masterbatch Market size is expected to grow at an annual average of 5% during 2021-2027. The replacement of metals with plastics in the automotive industry will drive the masterbatch market. APAC is the largest consumer of masterbatch in automotive applications and is expected to dominate during the forecast period. Increasing automotive production facilities and other developments in this region and the movement of European automakers to low-cost markets in Asia are expected to support the growth of the masterbatch market in automotive applications. APAC is followed by Europe and North America in terms of volume and value.
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A full report of Global Masterbatch Market is available at: https://www.orionmarketreports.com/masterbatch-market/15324/
The following Segmentation are covered in this report:
On the basis of Type:
- Color
- White
- Black
- Additive
- Filler
On the basis of Polymer:
- PP
- LDPE LLDPE
- HDPE
- PVC
- PET
- PUR
- PS
- Others
On the basis of Application:
- Packaging
- Building & Construction
- Automotive
- Consumer Goods
- Textile
- Agriculture
- Others
The report covers the following objectives:
- Proliferation and maturation of trade in the global Masterbatch Market.
- The market share of the global Masterbatch 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 Masterbatch Market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Masterbatch Market.
(This release has been published on Global Market Post. Global Market Post is not responsible for any content included in this release.)
