Global Color Concentrates Market is expected to register substantial CAGR of 5.6% in the forecast period of 2019 to 2026. The years considered for study are as mentioned below.
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The color concentrates is a highly concentrated market which includes key players and local players. The market has a prominent growth in upcoming years due to wide application area of color concentrates in various industries.
The market has witness developments in terms of merger and acquisitions or product launches to enhance the product portfolio to meet the rising demand of innovative technologies. For instance, in May 2017, Primex Colour, Compounding & Additives launched a new line of thermoplastic elastomers which is used in a wide variety of injection moulded products. The expansion will help the company to increase its color concentrate product portfolio.
AGC Inc. dominated the global color concentrates market. The other key players existing in the market includes LyondellBasell Industries Holdings B.V. and Clariant, Ferro Corporation, Cromex S/A, Chroma Color Corporation, Unicolor Masterbatching and Additives Incorporated, Plastics Color Corporation, PolyOne, Colortech Inc., Accurate Color & Compounding, Inc., Ampacet Corporation, Badger Color Concentrates, F&D PLASTICS, Precision Color Compounds, Primex Color, Compounding & Additives, Royce Global, Inteplast Group, PEACOCK COLOR and Penn Color Inc and Masterbatch & Color Concentrates among others.
AGC Inc.:
AGC Inc. headquartered in Tokyo, Japan was established in 1907. The company is engaged in providing the glass product in four different segments glass, electronics, chemicals and ceramics. They operate through three business segments which include chemicals, electronics, glass and ceramics/ others.
Chemicals segment is the market focused segment and is engaged in the production of color concentrates under the product category, chemicals. The products are utilized for packaging, textile, electronics and many other applications.
- In October 2019, The AGC INC. will take part in K-Fair, which will be held in Düsseldorf, Germany between 16th to 23rd October. The company is looking to increase its sales and achieve new contracts through this exhibition
It has its global networks in Americas, Europe and Japan/Asia. It operates through its subsidiaries, which are AGC Flat Glass (Hong Kong) Co.,Ltd. (Hong kong), PT Asahimas Flat Glass Tbk (Indonesia), AGC Flat Glass (Thailand) Public Co., Ltd (Thailand), Asahi India Glass,Ltd. (India), AGC Flat Glass North America, Inc (USA), AGC Vidros do Brasil Ltda. (Brasil), AGC Flat Glass Italia S.r.l (Italy) and others.
LYONDELLBASELL INDUSTRIES HOLDINGS B.V. (A. SCHULMAN, INC.)
LYONDELLBASELL INDUSTRIES HOLDINGS B.V. (A. SCHULMAN, INC.) headquartered in Rotterdam, Netherlands was established in 2007. The company operates in the field of chemicals, plastics and refining companies all over the world. They operate through five business segments which include Olefins & Polyolefins – Europe, Asia and International (EAI), Olefins & Polyolefins – Americas, Intermediates & Derivatives, Refining and Technology.
Intermediates & derivatives is the market focused segment and is engaged in the production of various types of masterbatches and color concentrates.
- In June 2018, A. Schulman stockholders approved the merger under which LyondellBasell Industries N.V. which will acquire all of the outstanding shares of A. Schulman. Through this joint venture the company serves their customers with best service as per the market need and they can also expand their product portfolio
It has its global networks in North America, Europe, South and Central America, Asia-Pacific, Africa and Middle East. It operates through its subsidiaries, which are Basell Advanced Polyolefins (Suzhou) Co. Ltd. (China), Basell Advanced Polyolefins (Thailand) Company Ltd. (Thailand), Basell Arabie Investissements SAS (France), Basell Mexico S. de R.L. de C.V. (Mexico), Lyondell Quimica do Brasil, Ltda (Brazil).
Clariant:
Clariant is headquartered in Basel, Switzerland was founded in 1995. The company is engaged in the manufacturing of specialty chemicals, pigments, coatings, plastics which are used in agriculture, pharmaceutical, textile, leather industry, energy, oil and mining industry. The company operates through four business segments, which include care chemicals, natural resources, catalysis and plastics & coatings.
Care Chemicals is the market focused segment of the company that is engaged in the manufacturing of products related to color concentrates.
- In February 2018, Clariant, a manufacturer of specialty chemicals, participated in the event at Plastindia 2018 with the subject – 'Expand your Horizon, Boost your Performance' which is held in Ahmedabad, Gujarat between 7th and 12th February. In the event Clariant reveal its extensive portfolio of all the products and their services for the plastics industry
The company has their geographical presence in Europe, Asia-Pacific, North America, Latin America and Middle East & Africa. It operates through its subsidiaries which are Clariant Plastics & Coatings (Argentina), Clariant Clearwater Technologies Ltd (British Virgin Islands), SQE Olivene S.r.l. (Italy), Clariant Bohai Pigments Preparations Ltd. (China), Clariant Masterbatches (Finland) , Clariant Plastics & Coatings (U.K.) Ltd, Clariant Chemicals Ltd (India) , among others.
