Global Color Concentrates Market is projected to register a substantial CAGR of 5.6% in the forecast period of 2019 to 2026. The new market report contains data for historic year 2017, the base year of calculation is 2018 and the forecast period is 2019 to 2026.
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Drivers: Global Color Concentrates Market
- Growing importance of aesthetics in packaging of products
- Increased usage of eco-friendly color concentrates
Restraints:
- Increasing plastic pollution worldwide
- Phase out of single use plastics
Opportunity:
- Color concentrates with sparkle effect
Challenge:
- Increasing problem of color swirling
Market Trends:
Global color concentrates market is segmented into three notable segments on the basis of form, carrier and application.
- On the basis of form, the market is segmented into liquid and solid. The increased demand of solid color concentrates due to their hardening property is the reason why they are considered as the dominating segment in the color concentrates market
- On the basis of carrier, the market is segmented into polyethylene, polypropylene, PC, polystyrene, EVA, ABS, and others. Polyethylene is dominating the color concentrates market, as there is an increased demand of polyethylene due to their easy availability and cost-effectiveness
- On the basis of application, the market is segmented into packaging, automotive, electronics, healthcare, consumer goods, textile, building & construction and others
Key Market Players: Global Color Concentrates Market
Some of the major players operating in this market are Ferro Corporation, Cromex S/A, Chroma Color Corporation, Unicolor Masterbatching and Additives Incorporated, Plastics Color Corporation, AGC Inc., LyondellBasell Industries Holdings B.V., PolyOne, Clariant, 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.
