Color concentrates market research and competitive intelligence provider, worldwide sales of Color concentrates are projected to rise at a CAGR of 6.68 %.
Product Overview
Color concentrates are the pigments that contain carrier resin. These are the compounds used to assist the coloring of a distinct variety of plastics and for various other applications. Composition and molecular weight of the carrier resin are the major components used to yield color concentrates. The growing demand from various end user industries such as consumer goods, packaging, construction and automotive is supporting the demand for the color concentrates Market Size and Forecast
The global color concentrate market is anticipated to reach around 6.5 Bn by 2027. The global color concentrate market is expected to expand at a CAGR around 7.0% during 2017-2027. The increasing demand for color concentrates in packaging industries is driving the growth of the color concentrates market across the globe.