Research and Markets: The Masterbatch Market In India Is Projected To Surpass US$1.1 Billion By 2020
August 26, 2015 | By Business Wire News
DUBLIN
Research and Markets (http://www.researchandmarkets.com/research/czcqkm/india_masterbatch) has announced the addition of the “India Masterbatch Market Forecast and Opportunities, 2020” report to their offering.
Growth in the Indian masterbatch market is anticipated on account of increasing plastic and polymer consumption coupled with rising demand from packaging industry, especially flexible packaging. Segment-wise, white masterbatch dominated the country’s masterbatch market in 2014 and the segment is anticipated to hold its leadership position till 2020. White masterbatch demand is increasing due to its ability to provide opacity as well as base color to the plastic used extensively in milk pouches, milk bottles, plastic bags, food material packaging and pharmaceutical packaging. The largest end use industry for masterbatch applications in India is the packaging sector and the segment is projected to dominate though 2020.
Masterbatches are manufactured by the combination of pigments and additives, and are used to impart color and other desired properties to plastics during a manufacturing process. Masterbatches are broadly classified into four categories, namely, white, black, color and additive. They are being used in a wide range of applications in packaging industry, construction sector, pharmaceutical sector, electrical & electronics industry and production of household appliances. Demand for masterbatches is directly influenced by the growth in packaging and automotive industries, which over the last decade have been witnessing robust growth in India on account of rising purchasing power of consumers and expanding middle class population.
Key Topics Covered
- Research Methodology
- Analyst View
- Product Overview
- Global Masterbatch Market Overview
- India Masterbatch Market Outlook
- India White Masterbatch Market Outlook
- India Black Masterbatch Market Outlook
- India Color Masterbatch Market Outlook
- India Additive Masterbatch Market Outlook
- Market Dynamics
- Market Trends & Developments
- Policy & Regulatory Landscape
- India Economic Profile
- Competition Benchmarking
- Competitive Landscape
- Strategic Recommendations
Companies Mentioned
- A. Schulman Plastics India
- Alok Masterbatches
- Ampacet Speciality Product
- Blend Colors
- Cabot India
- Clariant Chemicals (India)
- Orbit Masterbatches
- Plastiblends India
- Poddar Pigments
- Polmann India
For more information visithttp://www.researchandmarkets.com/research/czcqkm/india_masterbatch
View source version on businesswire.com: http://www.businesswire.com/news/home/20150826005885/en/
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