According to a market report by Lucintel, the future of the global free painting color masterbatch market looks promising with opportunities in the packaging, textile, automobile, electrical & electronics, building & construction, and consumer product markets. The global free painting color masterbatch market is expected to grow with a CAGR of 8.5% from 2024 to 2030. The major drivers for this market are growing understanding of the benefits masterbatch colorants provide for the environment over more conventional techniques like painting or coating, developments in masterbatch formulation technology, as well as, the increased desire for bio-based and environmentally friendly colorants, together with the need for high-performance, heat-resistant masterbatch colorants.
A more than 150-page report to understand trends, opportunity and forecast in free painting color masterbatch market to 2030 by type (standard color, tailor-made color, and specialty color), application (packaging, textiles, automobile, electrical & electronics, building & construction, consumer products, and other), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that standard color will remain the largest segment over the forecast period because it is less expensive and widely accessible from a variety of producers, providing to typical color preferences with predetermined shades.
Within this market, packaging will remain the largest segment due to its extensive use in plastic packaging materials for food, beverages, cosmetics, and other consumer goods.
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APAC will remain the largest region over the forecast period due to the increasing demand for various plastic products across diverse industries like construction, automotive, and consumer goods.
Kandui, Universal Masterbatch, ALOK, Rowa, RTP, PolyOne, Clariant are the major suppliers in the free painting color masterbatch market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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