DUBLIN, May 26, 2015 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/vzgr4z/europe) has announced the addition of the"Europe Masterbatch Market Forecast and Opportunities, 2020" report to their offering.
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The masterbatches market in Europe is projected to surpass USD4.70 billion by 2020
Increasing demand of different masterbatch formulations from flexible and rigid packaging segments and growing demand for light weight vehicles is forecast to buoy market growth in the coming years. Growing demand for innovative and attractively packaged food items, increasing demand for contamination free packaging from the pharmaceutical sector, rising sales of light weight vehicles due to implementation of stringent emission standards by the government and surging demand for bioplastics from various end use applications is forecast to fuel demand for various masterbatch formulations in the region over the next five years.
Masterbatches are manufactured by pigments, additives and carrier resins, and are classified as white, black, color, additive and filler masterbatches. They are used to impart color and other desired properties to plastics during manufacturing. In Europe, filler masterbatches are extensively used in production of raffia bags and woven sack bags for packaging industry.
White masterbatches are projected to demonstrate robust growth in the coming years due to their widespread applications in packaging industry in milk pouches, plastic bags, disposable plates, cups & spoons and pharmaceutical packaging. Color masterbatches finds applications in food & beverage packaging, electrical & electronics, and building & construction industry. Similarly, Black masterbatches are extensively used in coating of construction and automotive industries and others.
Europe Masterbatch Market Forecast & Opportunities, 2020 report elaborates following aspects related to mastebatch market in Europe:
- Europe Masterbatch Market Size, Share & Forecast
- Segmental Analysis - By Type (White, Black, Color, Additive & Filler)
- Policy & Regulatory Landscape
- Changing Market Trends & Emerging Opportunities
- Competitive Landscape & Strategic Recommendations
Trends & Developments
- Rising Trend Towards Mergers & Acquisitions
- Surging Demand for Bioplastics
- Growing Plastic Consumption in Light Weight Vehicles
- Manufacturers Shift to Emerging Economies
- Increasing Use of Polyester
- A. Schulman Inc.
- Clariant International Limited
- Ampacet Europe S.A.
- PolyOne Corporation
- Cabot Corporation
- Polyplast Muller GmbH
- Plastika Kritis S.A.
- Tosaf Group
- Hubron International Ltd.
- Kunststof Kemi AS
For more information visit http://www.researchandmarkets.com/research/vzgr4z/europe
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SOURCE Research and Markets