MEA Color Masterbatch Market is Projected to Reach USD 413.2 Million by 2027
MEA Color Masterbatch Market is projected to reach USD 413.2 million by 2027 with 6.35% CAGR during review period of 2016-2027 | MEA Color Masterbatch Market
Major Key Players : A Schulman, TOSAF Compounds, Polyplast Müller, Polyone Corporation, Hubron, Clariant Masterbatches, Cabot Plastics International, Ampacet , Ferro Corporation,Astra Polymers”
PUNE, MAHARASHTRA, INDIA, May 29, 2017 /EINPresswire.com/ -- Market Highlight— Market Research Future
The MEA color masterbatch has seen a remarkable growth over the past year and it is expected to see the similar growth in next coming years. The several factors that has influenced the MEA market are; growing demand from plastic industry, growing demand of light weight vehicles, increasing demand from Middle East due to rapid industrialization and increasing demand of specialized colors. There are various opportunities which help the color masterbatch market to grow but on the different side there are some factors which have hampered the growth and development of this market. The factors which may hamper the growth are fluctuating prices across the region and shortage of raw materials.
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Regional Analysis
MEA color masterbatch market has seen a potential growth over the past few years. MEA color masterbatch market was valued at USD 205 million in 2015 which is poised to reach USD 119.5 million by the end of forecast period. Whereas the market demand was estimated at 124 thousand tons in 2015 and is expected to reach 221.9 thousand tons by the end of forecast period. In the MEA region, Africa has accounted the market share of 42% in 2015 followed by GCC countries.
Key Players
• A Schulman
• TOSAF Compounds
• Polyplast Müller
• Polyone Corporation
• Hubron, Clariant Masterbatches
• Cabot Plastics International
• Ampacet Corporation
• Ferro Corporation and Astra Polymers
Market Segmentation
The Middle East & Africa Color Masterbatch Market has been segmented into types, carrier resin and application.
By Types
• Black Masterbatch
• Standard Color Masterbatch
• White Masterbatch
• Additive Masterbatch
• Filler Masterbatch
By Carrier Resin
• Polyethylene (PE)
• Polypropylene (PP)
• Polystyrene (PS)
By Application
• Packaging
• Automotive
• Consumer Goods & Retail
• Textile
• Agriculture
• Building & Construction
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Table of Content
1 Report Prologue
2 Market Introduction
3 Research Methodology
4 Market Dynamics
5 Market Factor Analysis
6 Middle East & Africa Color Masterbatch Market, By Type
7 Middle East & Africa Color Masterbatch Market, By Carrier Resin
8 Middle East & Africa Color Masterbatch Market, By Application
9 Middle East & Africa Color Masterbatch Market, By Region
10 Competitive Landscapes
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