COLOR MASTERBATCH MARKET

The growth of color masterbatch market is driven by the development in some fundamental industries such as packaging, consumer goods, buiding & construction

Color masterbatch volume is rising time by time in plastic industry, the production scale and consumption volume increase a lot making the activities in color masterbatch business more attractive 

I. Color masterbatch in Packaging

Color masterbatch is widely used in packaging industry as packaging products like bottle, package, box often have many different colors. Packaging is a crucial process for protection and transportation of goods. Packaging is widely used for goods utilized at the retail, industrial, and institutional levels. The increase in handling and transport of goods due to globalization, liberalization, changing consumer lifestyles, and economic development has led to the increase in demand for better protection and handling of goods. The availability of a wide variety of plastics and their adherence to regulatory standards make them the most extensively used material for packaging. Plastics can be molded, extruded, and blown and cast into films, sheets, foams, and pellets. They also help provide better aesthetic appeal to the packaging, as they offer ease of providing the required color, shape, size, utility, printing, weight, protection, and others. The growth in use of plastics in the packing industry is driving the demand for color masterbatch. The growing importance of color in marketing and branding activities is further fueling growth of the color masterbatch market. The demand for standard color, specialty color, and tailor-made color is very high in the packaging industry.

Beside, in the plastic packaging industry, color masterbatch is the colorant that mostly being applied comparing to pigment or dyes due to if benefit in the processing phase. 

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II. Consumer Goods

Thermoplastic materials such as PS, PP, PVC, and HDPE are extruded and molded for producing various consumer goods. Consumer goods comprise a number of applications such as electronics, stationary, toys, kitchenware, footwear, safety gear, cosmetic articles, and household products. Consumer goods based on plastics, utilize large volume of color masterbatch for enhancing their properties and aesthetic appeal. Color masterbatch is widely used for manufacturing goods in this segment.

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III. Building and Construction

Plastics are widely used in the construction industry for both interior and exterior applications such as domes, roofing, flooring, storage containers, insulation, windows, pipes, cables, fixtures, panels, and railings. Plastics utilized in the building & construction industry are PVC, PU, PS, PE, PP, composites, and others. They also provide enhanced aesthetics, durability, performance, and cost savings. It is estimated that a year’s energy savings from the use of plastics in the building & construction industry is adequate to meet the average annual energy needs of, approximately, five million households in North America. With increased emphasis on cost saving and enhanced sustainability, the use of plastics in this application is projected to increase, thus driving the demand for color masterbatch.

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SEE MORE

For more information please contact:
SUNRISE COLOURS VIETNAM CO., LTD
Add: Office: No. 208 Tam Trinh Street, Yen So Ward, Hoang Mai District, Hanoi City

Phone: 0084 243 645 2586     Fax: 0084 243 645 2586

Moblie/What'sapp/Wechat: +84 385 295 177

Email: rosie@sunrisecolour.com

Website: http://sunrisecolour.com

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