This research report presents some interesting facts about the market opportunities across several applications of the global additive masterbatch market.
Albany, NY -- (SBWIRE) -- 09/06/2017 -- There are numerous opportunities of growth for key vendors operating in the global additive masterbatch market. Market Research Reports Search Engine comes up with this new research report titled "Additive Masterbatch Market: Global Industry Analysis 2012-2016 & Forecast 2017-2025," and offers ideas to the competitive ecosystem about various key strategies for the rise in sales turnover, new product development and the expansion of market footprint. The global additive masterbatch market is expected to expand at a sluggish CAGR during the projected period, i.e. 2017-2025. This research report presents some interesting facts about the market opportunities across several applications of the global additive masterbatch market.
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Factors that Fuel the Growth of the Global Additive Masterbatch Market
- Increasing utilization of plastics in the automotive industry is one of the significant reasons behind the growth of the global additive masterbatch market. Due to some inherent advantages and stringent government regulations related to emission control, the use of plastic has been increased in the automotive industry
- Robust growth of the packaging industry and thereby rising demand for packaging materials is also likely to boost the growth of the global additive masterbatch market
- Another factor that is providing traction to the global additive masterbatch market is an increasing use of lightweight and beautiful packaging material in electronic and electrical products
- Rapid industrialization and urbanization across the globe is anticipated to create positive impact on plastic products in the years to come. Consequently, this rising demand for plastic is likely to augment the demand for additive masterbatch
Global Additive Masterbatch Market: Forecast By Application
This segment is categorized into automotive, agriculture, building and construction, packaging and electrical and electronics. Packaging segment is expected to remain significantly opportunistic through 2025. This segment is expected to exhibit positive growth during the forecast period. The packaging segment is anticipated to create total incremental $ opportunity of US$ 551.9 Mn between 2017 and 2025. The segment is expected to account for more than 45% share in the global market. The packaging segment is expected to be highly attractive by CAGR and market share index throughout the forecast period.
Global Additive Masterbatch Market: Forecast By Type
Anti-Microbial, CO2 Barrier, Metal Deactivators, Anti-Foaming Agents, Anti-Block, Anti-Static, Flame Retardant, UV-Stabilizer, Oxygen Scavenger, Thermo-Stabilizer, Laser-Marking and Antioxidant are some of the segments that fall under the type category of the global additive masterbatch market. Among all additives segments, the flame retardant segment is anticipated to account for a relatively large market share in terms of value. Flame retardants and UV stabilizers are highly preferred in various applications, such as building and construction, automotive, household appliances and many other applications.
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Global Additive Masterbatch Market: Forecast By Region
Europe followed by Asia Pacific is poised to be the prominent regional market in terms of additive masterbatch consumption. Europe is anticipated to hold a leading share in the global additive masterbatch market throughout the forecast period. Prompt growth of plastic and packaging sectors in APAC is in turn expected to drive the additive masterbatch market.
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