Color Masterbatch Market Share Opportunities, Demand and Forecasts 2022- 2030
Key Players Clariant AG (Switzerland) Schulman Inc. (US) Polyone Corporation (US) Plastiblends India Ltd (India) Ampacet Corporation (India) Penn Color Inc. (US) RTP Company (US) Tosaf Group (Israel) PolyOne Corporation (US) BASF SE (US) Market Synopsis The global color masterbatch market is estimated to record a CAGR of 5.45% during the review period. The black masterbatch is available in low-cost pigments, which is likely to drive the global color masterbatch market in 2022. Attributes such as light stability and conductivity are projected to escalate the market for masterbatch market further. Also, there has been a soaring demand for masterbatch from the plastic industry, which is an essential factor of market growth at a global level. Also, there has been surging demand for lightweight materials in various end-user industries is further fueling the demand. Further, the benefits of technical properties such as opacity, color consistency, and good dispersion are likely to escalate