Plastic Color Concentrates market Report speaks about the Market analysis. The process is analyzed thoroughly with respect three points, viz. Types, Application and Manufacturers with associated Plastic Color Concentrates Cost Analysis (material cost, labour cost, etc.) and Plastic Color Concentrates market size.
Short Overview Of Plastic Color Concentrates Market Report
The Asia-Pacific plastic color concentrates market is expected to witness a CAGR of approximately 7% during the forecast period, 2018 to 2023, majorly driven by increasing demand of plastic from the automotive industry. The rising usage in the consumer goods sector such as electronics goods, furniture is also likely to stimulate the market growth.
Demand from Automotive Industry Driving the Market
Plastic is used in the automotive industry to meet the economic and ecological needs by reducing vehicle weight, in turn ensuring fuel economy. The utilization of plastic color concentrates makes automobile resistant to harsh environmental conditions and more attractive and durable. Asia-Pacific is currently the manufacturing hub of automobiles and its components. Increase in production, particularly in China, India, Taiwan, Thailand and Indonesia, is anticipated to stimulate plastic color concentrates market demand.
Liquid Color Concentrates Expected to Witness Highest Growth
The solid color concentrates segment is leading the color concentrates market, owing to its low price, less cost of installation, ease of transportation and storage, reduced waste etc. The liquid color concentrates segment is expected to grow at a high rate during the forecast period. The high growth can be attributed to the rapid color development, reduced energy consumption in their manufacturing, increased color consistency and low material costs.
Automotive Manufacturing Contributing Huge Demand in China
In terms of consumption in 2017, China accounted for the largest market share in Asia-Pacific region. China is the automotive manufacturing hub in the region, which is contributing huge demand of plastic color concentrates in the country. India is expected to grow at a high rate, owing to high growth in the automotive and building & construction industry. The building and construction industry contributes around 8% to the countryâs GDP. In the construction sector, the government has initiated projects such as 100 smart cities and âHousing for All by 2022â and 500 AMRUT cities which will invite investments and is expected to immensely drive the residential construction and commercial construction market, which, in turn, is anticipated to boost the plastic color concentrates market.
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Top key players:
- PolyOne Corporation
- A. Schulman
- Cabot Corporation
- Ampacet Corporation
- Hubron International
- Ferro Corporation
- Polyplast Muller Group
- Jiangsu Pulaike Hongmei Masterbatch Co.
- Cheng-Feng Pigment
- Hubei Zixin Biological Technology Co.
- Sun Chemical
- Tosaf Group
Main points include in This Market Research Report contains additional information of following points are as follows:
- Market growth
- Market Trends
- Market Forecast
- Market Size
- Cost Analysis
Reason to Purchase this ReportTo understand the impact of various product type on the market.Analyzing various perspectives of the market with the help of Porterâs five forces analysisTo understand the dominating product type and end-user industry in the marketCountries expected to witness the fastest growth during the forecast periodIdentify the latest developments, market shares and strategies employed by the major market players.3 months analyst support along with the Market Estimate sheet in excel.
Plastic Color Concentrates market along with Report Research Design:
Plastic Color Concentrates Market Historic Data (2013-2017):
- Industry Trends:Global Revenue, Status and Outlook.
- Competitive Landscape: By Manufacturers, Development Trends.
- Product Revenue for Top Players: Market Share, Growth Rate, Current Market Situation Analysis.
- Market Segment: By Types, By Applications, By Regions/ Geography.
- Sales Revenue: Market Share, Growth Rate, Current Market Analysis.
Plastic Color Concentrates Market Influencing Factors:
- Market Environment:Government Policies, Technological Changes, Market Risks.
- Market Drivers: Growing Demand, Reduction in Cost, Market Opportunities and Challenges.
Plastic Color Concentrates Market Forecast (2018-2023):
- Market Size Forecast:Global Overall Size, By Type/Product Category, By Applications/End Users, By Regions/Geography.
- Key Data (Revenue):Market Size, Market Share, Growth Rate, Growth, Product Sales Price.
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Trend and forecast analysis: Market trend, forecast and Analysis to 2023 by segments and region.
Segmentation analysis: Global Plastic Color Concentrates market size by various applications such as product, material, shape, and end use in terms of value and volume shipment.
Regional analysis: Global Plastic Color Concentrates market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
Growth opportunities: Analysis on growth opportunities in different applications and regions in the global Plastic Color Concentrates
Strategic analysis:This includes new product development, and competitive landscape in the global Plastic Color Concentrates
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Plastic Color Concentrates Market report also include data type such as capacity, production, market share, price, growth rate, consumption, import, export etc. Industry chain, manufacturing process, cost structure, marketing channel are also analyzed in this report.