Liquid Masterbatches Market 2022
Global Liquid Masterbatches Market to Reach a Value of About US$ 11,600 Mn in the Year 2022, Mineral Oil Segment is the Largest in Product Type and grow at a robust CAGR during the assessment period.
The report on Liquid Masterbatches Market provided based on the recent developments and data that has been collated from the previous year’s looks to provide a thorough understanding. The market overview provided in the initial section looks to provide the reader with adequate information regarding the product and services. It focuses on the market definition along with the product applications and end-user industries. The report covers a period spanning from 2022 to 2030. Competitive analysis and prominent industry trends have been included in the in-depth study provided in the main section of the report.
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Liquid masterbatches are used as a raw material in the processing of plastics in order to impart color or other special properties to the end product. There is an increased use of plastics the world over and this is driving the liquid masterbatches market along with a growing demand from end use sectors like automobiles, packaging and healthcare. The other factor propelling the growth of the liquid masterbatches market include increasing demand for colorful and innovative solutions from the luxury goods packaging industry.
Due to such increasing demand of plastics used for packaging, the demand for liquid materbatches also rises consequently. Same can be said of the automotive sector, where there is an increasing preference for the manufacturing of vehicles with light weight, thereby replacing the metal components. In the manufacturing of such light weight vehicles, plastics and polymers are used on a large scale, which in turn is boosting the liquid masterbatches market.
The global liquid masterbatches market is slated to touch a value of about US$ 11,600 Mn in the year 2022 and grow at a robust CAGR during the assessment period.
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Key Companies-
The report has also included the profiles of some of the leading companies in the liquid masterbatches market like Marval Industries Inc., Clariant AG, BASF SE, Americhem Inc., Uniform Color Company, Inc., Polyone Corporation, Cabot Corporation, A. Schulman, Standridge Color Corporation, Ampacet Corporation, RTP CO, Ferro-Plast Srl and Techmer PM Inc.
4 Forecast Highlights on Global Liquid Masterbatches Market
- As per the forecast of Persistence Market Research, the mineral oil segment is slated to touch a value of nearly US$ 3,260 Mn in the year 2022. This represents a robust CAGR growth during the assessment period of 2017-2022. The mineral oil segment is estimated to account for more than one-fourth of the revenue share of the product type segment by the year 2017 and is forecasted to gain market share by 2022 over 2017.
- As per the forecast of Persistence Market Research, the automotive segment will reach a value of nearly US$ 270 Mn in the year 2017. This represents a robust CAGR growth during the forecast period. The automotive segment is forecasted to account for a miniscule percentage of the total revenue share of the end-user segment by the end of the year 2017 and is expected to gain in market share by 2022 as compared with the year 2017.
- As per the forecast of Persistence Market Research, the black color type segment is slated to reach a value of nearly US$ 3,850 Mn in 2022. The black color type segment is expected to lose market share by the end of the year 2022. The largest share is contributed by the Europe region in the black color type segment.
- Persistence Market Research forecasts the Germany liquid masterbatches market to exhibit a compound annual growth rate (CAGR) of 5.7% from 2017 to 2022.
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Liquid Masterbatches Market – Report Highlights
- A detailed overview of parent market of Liquid Masterbatches Market
- Changing Liquid Masterbatches Market dynamics in the industry
- In-depth segmentation of Liquid Masterbatches Market
- Historical, current, and projected Liquid Masterbatches Market size regarding volume and value
- Recent industry trends and developments in Liquid Masterbatches Market
- Competitive landscape of Liquid Masterbatches Market
- Strategies for key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on Liquid Masterbatches Market performance
- Must-have information for Liquid Masterbatches Market players to sustain and enhance their market footprint
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