Short Description
By Form (Solid, Liquid), Carrier (Polyethylene, Polypropylene, PC, Polystyrene, EVA, ABS, Others), Application (Packaging, Automotive, Electronics, Healthcare, Consumer Goods, Textile, Building & Construction, Others), Country (China, India, Japan, Australia, South Korea, Singapore, Thailand, Indonesia, Malaysia, Philippines, Rest of Asia-Pacific)
Market Definition
Color concentrate are colorants that are used mostly for coloring of polymer resins. It is used in various applications of packaging and automotive end-user that requires colored plastic. Some of the key applications of color concentrates in packaging end-user are: films, sheets and labels for food and beverage packaging, packaging of healthcare equipment and medicines along with packaging and plastic parts of consumer goods. The color concentrates are used as a pre-coloring during the manufacturing of plastic resins.
The dyes, pigment and masterbatches can also be used as a substitute of color concentrates. However, color concentrates provide a better texture for packaging materials and helps in increasing the product volume as well. By adding color concentrate, a carrier resin can deliver 1% to 3% more yield in the final compound. The market for color concentrates is expected to grow with a substantial CAGR, owing to its high demand from packaging industry.
Asia-Pacific color concentrates market is expected to grow with the substantial CAGR in the forecast period of 2019 to 2026.
Market Segmentation
Asia-Pacific color concentrates market is segmented into three notable segments on the basis of form, carrier and application.
- On the basis of form, the market is segmented into liquid and solid
- On the basis of carrier, the market is segmented into polyethylene, polypropylene, PC, polystyrene, EVA, ABS and others
- On the basis of application, the market is segmented into packaging, automotive, electronics, healthcare, consumer goods, textile, building & construction and others
Market Players
The key market players for Asia-Pacific color concentrates market are listed below:
- Ferro Corporation
- Cromex S/A
- Chroma Color Corporation
- Unicolor Masterbatching and Additives Incorporated
- Plastics Color Corporation
- AGC Inc.
- LyondellBasell Industries Holdings B.V.
- PolyOne
- Clariant
- Colortech Inc.
- Accurate Color & Compounding, Inc.
- Ampacet Corporation
- Badger Color Concentrates
- F&D PLASTICS
- Precision Color Compounds
- Primex Color, Compounding & Additives
- Royce Global
- Inteplast Group
- PEACOCK COLOR
- Penn Color Inc. Masterbatch & Color Concentrates