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 (U.S., Canada, Mexico)
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.
North America color concentrates market is expected to grow with a steady CAGR in the forecast period of 2019 to 2026.
Market Segmentation
North America 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 North America 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