Lucintel Forecasts The Global Black Masterbatch Market To Reach $3 Billion By 2030

By Author: Lucintel LLC
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According to a market report by Lucintel, the future of the global black masterbatch market looks promising with opportunities in the packaging, fiber, building & construction, electrical & electronic, automotive, and chemical/compounding applications. The global black masterbatch market is expected to reach an estimated $3 billion by 2030 from $2 billion in 2024 at a CAGR of 4.2% from 2024 to 2030. The major drivers for this market are increasing need for black polyester fibers and rising use of plastics in automotive sector.
A more than 150-page report to understand trends, opportunity and forecast in global black masterbatch market to 2030 by type (standard, specialty, and tailor-made), carrier resin (plastic and elastomer/rubber), application (packaging, fibers, building & construction, electrical & electronics, automotive, chemical/compounding, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that standard is expected to witness the highest growth over the forecast period due to its robust mechanical qualities, resistance to weather, ...
... and heat resistance.
Download sample by clicking on black masterbatch market.
Within this market, packaging will remain the largest segment.
North America will remain the largest region over the forecast period due to increasing populations disposable income and presence of major consumer base in the region.
Polyplast, Polyone, RTP, Prayag Polytech, ALOK, Kandui Industries, Tosaf, Heima, Yiyuan, Shencai are the major suppliers in the black masterbatch market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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