According to a market report by Lucintel, the future of the global black masterbatch market looks promising with opportunities in the packaging, fiber, building & construction, electrical & electronic, automotive, and chemical/compounding applications. The global black masterbatch market is expected to reach an estimated $3 billion by 2030 from $2 billion in 2024 at a CAGR of 4.2% from 2024 to 2030. The major drivers for this market are increasing need for black polyester fibers and rising use of plastics in automotive sector.
A more than 150-page report to
understand trends, opportunity and
forecast in global black masterbatch market to 2030 by type (standard, specialty, and tailor-made),
carrier resin (plastic and elastomer/rubber), application (packaging, fibers,
building & construction, electrical & electronics, automotive, chemical/compounding,
and others), and region (North America, Europe, Asia Pacific, and the Rest of
the World).
Lucintel
forecasts that standard is expected to witness the highest growth over the
forecast period due to its robust mechanical qualities, resistance to weather,
and heat resistance.
Download
sample by clicking on black masterbatch
market.
Within
this market, packaging will remain the largest segment.
North
America will remain the largest region over the forecast period due to
increasing populations disposable income and presence of major consumer base in
the region.
Polyplast,
Polyone, RTP, Prayag Polytech, ALOK, Kandui Industries, Tosaf, Heima, Yiyuan,
Shencai are the major suppliers in the black 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 helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal, ZACKS,
and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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