The global masterbatch market will grow at a rate of 3.7 per year
12/05/2018
In 2016, the global plastic masterbatch
consumption was more than 4 million tons, of which the Asia-Pacific masterbatch
market accounted for 40% of the global masterbatch market demand, and one-third
of the global masterbatch market revenue also came from the Asia-Pacific
region.
In addition, 24% of the global masterbatch market
revenue comes from North America and 19% from Western Europe.
Ceresana expects that by 2024, the global
masterbatch market will grow at a rate of 3.7% per year. The report examined
white masterbatch, black masterbatch, colored masterbatch and additives.
Masterbatch is mainly used for plastic dyeing, and additives can improve the
properties of plastics.
Many different types of additives can also be
integrated, such as stabilizers, antioxidants, antistatic agents, and flame
retardants.
Black and white masterbatch demand is the largest
The most important masterbatch type in 2016 is
white masterbatch, followed by color masterbatch, including inorganic pigment
dispersions and organic pigment dispersions. In the past eight years, the
global market demand for white masterbatch has increased at a rate of 2.2% per
year. Titanium dioxide is the most important product of white masterbatch. The
plastics industry needs to color toys, electronic equipment, automotive parts,
homes, plastic films and other products, so the demand for titanium dioxide is
relatively large. In addition, titanium dioxide absorbs UV radiation, thereby
avoiding the fading of colored products due to sun exposure.
The black masterbatch is mainly derived from the
carbon black additive. Carbon black is commonly used in conductive packaging,
films, fibers, forms, tubes and cables. The current end product is a garbage
bag. Carbon black, a color additive, has advantages in many plastic
applications, especially for engineered polymers. Its color is difficult to
change, even in extreme outdoor environments, it is difficult to fade.
Plastic applications are everywhere
The most important applications of masterbatch in
plastics are packaging, construction, transportation, electrical and electronic
and industrial products. In 2016, the application of masterbatch in packaging
accounted for 31% of global masterbatch demand in 2016. The second largest in
the masterbatch application market is the construction industry, followed by
industrial products and transportation.
In the field of packaging, flexible packaging such
as films, bags, and such "packaging" include all masterbatch
鲁公网安备 37142302000114号
