Demand Growth in the Masterbatch Plastic Packaging Coloring for the Terminal
2015.03.13 11:20More and more consumer goods manufacturers to seek can reduce production cost, and can ensure the effective storage and transport packaging materials. And packaging represents the largest masterbatch of terminal market, masterbatch market value in 2019 is expected to rise to $12.1 billion.
The Swiss clariant has developed an antioxidant masterbatch, can be used in packaging field.
Masterbatch markets around the world hand in hand packing well.
The period 2014-2019, the global masterbatch market compound annual growth rate is expected to reach 7.1%, to 2019 market value is expected to rise to $12.1 billion. Packaging demand for masterbatch compound annual growth rate will reach 7.5%. In the overall masterbatch occupy the important position in the market. Automobile industry demand for masterbatch compound annual growth rate is higher, will reach 8.5%.
Regional markets, Asia Pacific and South America are in a leading position in the global market. The asia-pacific region to demand mainly comes from local plastic masterbatch, plus the rising demand for fine raw materials and products for industry and commerce. In view of local good prospects for development, some companies plan to use in the region of low cost structure and the demand for plastic and packing space, expansion in the local market.
Packaging on behalf of the color masterbatch largest terminal application market. More and more consumer goods manufacturers to seek can reduce production cost, and can ensure the effective storage and transport packaging materials. Therefore, the market for the functional and aesthetic combination of high performance demand masterbatch is expected to increase.
With the increase of investment and the implementation of the new technology, new high quality products to achieve production, which promote the development of color masterbatch industry.