Black Masterbatches Market by End-use Industry and Region - Global Forecast to 2026 prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
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The masterbatch market size is estimated to be USD 11.1 billion in 2020 and is projected to reach USD 14.3 billion by 2025, at a CAGR of 5.1% between 2020 and 2025.
Factors such as widely preferred coloring method adopted by manufacturers over powders, pastes, and fluid additives will drive the masterbatch market. The major restraint for the market will be the availability of low quality and cheaper products. However, the increasing demand for biodegradable masterbatch will act as an opportunity for the market. Color masterbatch is the largest type for masterbatch in 2019
The color segment is estimated to account for the largest share of the market. The growing need for color masterbatch in the various applications to increase the aesthetic appeal of the product is driving the color masterbatch market. The technological advancements in color masterbatch have also aided in developing a wide range of colo
Global Masterbatch Markets Report 2021-2025: Realistic, Pessimistic, Optimistic, and Non-COVID-19 Scenarios and Non-COVID-19 Scenarios benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.