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Pulished Date April, 2021
ID: 8216
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Color Concentrates Market By Type (Solid, Liquid), By End-use (Consumer Goods, Packaging, Construction, Automotive), By Region (Latin America, North America, Asia Pacific, Europe, Middle East and Africa) - Industry Analysis, Size, Share, Growth, Trends, and Forecast (2021 – 2026)

Pulished: April, 2021
ID: 8216
Pages: 170

Color Concentrates Market Size, Share & Trends (2021 - 2026)

The global Color Concentrates Market was valued at $ 6.24 billion in 2021 and is predicted to grow to $ 8.26 billion by 2026, at an annual development rate of 8.2% from 2021 to 2026.

A strong attraction in the plastics and packaging business is driving expansion in the global color concentrate industry. The market for color concentrates has grown significantly in recent years, and this expansion is predicted to continue in the near future, due to the growing call for color concentrates in various end-use companies, such as packaging, consumer goods, building and construction and the automobile, among others. The growing appeal of plastics in various companies is also driving the expansion of the worldwide market. Color concentrates are employed in plastic polymers to color plastic, which is smooth and opaque. They are employed as solid color masterbatches and additives. Color concentrates offer many important advantages, such as better performance, better storage, cleaning, and ease of use, and they offer many important advantages over pre-colored resins, liquid colors, or raw pigments in most applications. The plastic color concentrates are also employed in liquid form and are carefully added in small amounts in the manufacture of plastic products.

The color concentrates market has seen strong expansion in recent years, and this expansion is predicted to continue in the near future, due to the escalating call in various end-use industries such as packaging, consumer goods, building and construction, and the automobile, among others. The augmenting call for plastics in various industries is also driving the expansion of the global color concentrates market.

Recent Developments 

  • As part of the worldwide introduction of the latest products, Ampacet Corporation introduced FusionFx, four impressive color palettes that use proprietary masterbatch technology to produce a random order of color hits. These effects allow designers to create a unique product that celebrates the unique expression and natural beauty of nature's imperfections.

  • PolyOne Corporation (NYSE: POL), a leading worldwide provider of specialty polymer materials, services and solutions, announced that it has entered into an agreement with Clariant to purchase its worldwide blend of colors and additives.

DRIVERS

The worldwide market for color concentrates is driven by escalated employment in the cosmetics packaging industry. The rising demand for packaged foods is also supporting the growth of color concentrates in the packaging industry. The worldwide market for color concentrates is also driven by the expanding usage of plastics, as these materials have superior characteristics, especially heat resistance, chemical stability, and can be easily mixed with plastics. The surge in need from end-use industry including packaging, agriculture, consumer goods, paint, agriculture (such as nursery film, greenhouse film, and mulch) among other things is contributing to market development. The market for color concentrates has grown significantly over the years and has gained popularity in the packaging and electronics market. It is considered the most durable and economical dye to use for different applications.

RESTRAINTS

The main limiting factors for the global color concentrate market are the high cost of the color matching process and the escalating call for pre-colored compounds. This is predicted to spark innovations in the color concentrate market as manufacturers take initiatives to produce cost-effective prodcuts. However, rising costs due to color matching are holding back the expansion of the color concentrate market. Furthermore, recycling plastics is a major challenge for the worldwide business.

OPPORTUNITIES

The escalating use of aesthetics in packaging and the rising demand for plastics are driving the market appeal for color concentrates. Furthermore, the industrialization of emerging economies and the introduction of universal carrier resins are driving the market attractiveness for these concentrates.

CHALLENGES

The main challenge that companies face today is the recycling of plastics. Color concentrates are mixed with plastics that cannot be recycled. Only 9% of the world's plastics are recycled, while others go to landfill. The higher cost of the color palette hinders the call for color concentrates. Also, it is not suitable for use in certain applications.

Color Concentrates Market Segmentation as per the research report until 2026.

Color Concentrates Market - By Form

  • Solid
  • Liquid

The solid segment dominates the market for color concentrates. The expansion of this market segment can be attributed to several properties that solid color concentrates offer, including low price, lowest drop rate, inexpensive investment, dry nature, ease of transportation and storage, excellent control, color and waste reduction, among others. The liquids segment of the color concentrates industry is predicted to grow at the highest CAGR during the foreseen period.

Color Concentrates Market - By End-use 

  • Packaging
  • consumer goods
  • Building and construction
  • Automotive
  • others

The packaging industry leads the market for color concentrates and is predicted to achieve the highest CAGR during the outlook period. The expansion of the end-use packaging business in the color concentrate industry is driven by growing call for colored plastics in lightweight packaging.

Color Concentrates Market - By Region

  • North America 

  • Europe 

  • Asia Pacific

  • Latin America 

  • Middle East & Africa 

The Asia-Pacific color concentrates market is predicted to record the highest CAGR during the projection period due to the increasing demand for these concentrates in medical, pharmaceutical, cosmetic, and food and beverage packaging. Asia-Pacific is a major customer for color concentrates, followed by regions in North America and Europe. In Asia Pacific, China is considered the most important market due to the increase in calls from various end-use companies. India, Japan, Indonesia and Thailand are the main countries contributing to the expansion of the color concentrates industry in Asia Pacific.

The worldwide market for color concentrates is growing in North America due to brand promotion activities, innovation, and an environment conducive to the development of products with enhanced properties. Europe also has a significant share in the worldwide market for color concentrates due to the presence of the main players. The hike in imports of color concentrates to Latin America, the Middle East and Africa due to their excellent cleaning properties are predicted to increase the attractiveness in these regions. China is foreseen to be the most important market for color concentrates due to the growing automotive sector in the country.

Key Players:

Some of the significant players working in this industry are Ferro Corporation, Cromex S/A, Chroma Color Corporation, Unicolor Masterbatching and Additives Incorporated, Plastics Color Corporation, AGC Inc., LyondellBasell Businesses 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 and Penn Color Inc, and Masterbatch & Color Concentrates among others.

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Study Deliverables                  

                1.3 Base Currency, Base Year and Forecast Periods                          

                1.4 General Study Assumptions                

2. Research Methodology                                           

                2.1 Introduction                               

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Econometric Modelling      

                                2.2.4 Expert Validation  

                2.3 Analysis Design                         

                2.4 Study Timeline                          

3. Overview                                       

                3.1 Executive Summary                

                3.2 Key Inferences                         

                3.3 Epidemology                              

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                    

                4.1 Market Drivers                          

                4.2 Market Restraints                    

                4.3 Key Challenges                         

                4.4 Current Opportunities in the Market                              

5. Market Segmentation                                              

                5.1 Type                              

                                5.1.1 Introduction           

                                5.1.2 Solid           

                                5.1.3 Liquid        

                                5.1.5 Y-o-Y Growth Analysis, By Product               

                                5.1.6 Market Attractiveness Analysis, By Product             

                                5.1.7 Market Share Analysis, By Product               

                5.2 End Use Industry                     

                                5.2.1 Introduction           

                                5.2.2 Consumer Products            

                                5.2.3 Packaging

                                5.2.4 Constrution            

                                5.2.5 Automotive            

                                5.2.6 Y-o-Y Growth Analysis, By Type     

                                5.2.7 Market Attractiveness Analysis, By Type   

                                5.2.8 Market Share Analysis, By Type     

6. Geographical Analysis                                              

                6.1 Introduction                               

                                6.1.1 Regional Trends    

                                6.1.2 Impact Analysis     

                                6.1.3 Y-o-Y Growth Analysis        

                                                6.1.3.1 By Geographical Area

                                                6.1.3.2 By Product

                                                6.1.3.3 By Type

                                                6.1.3.4 By Application

                                                6.1.3.5 By Indication

                                6.1.4  Market Attractiveness Analysis     

                                                6.1.4.1 By Geographical Area

                                                6.1.4.2 By Product

                                                6.1.4.3 By Type

                                                6.1.4.4 By Application

                                                6.1.4.5 By Indication

                                6.1.5  Market Share Analysis      

                                                6.1.5.1 By Geographical Area

                                                6.1.5.2 By Product

                                                6.1.5.3 By Type

                                                6.1.5.4 By Application

                                                6.1.5.5 By Indication

                6.2 North America                          

                                6.1.1 Introduction           

                                6.1.2 United States         

                                6.1.3 Canada     

                6.3 Europe                         

                                6.2.1 Introduction           

                                6.2.2 U.K             

                                6.2.3 Spain         

                                6.2.4 Germany 

                                6.2.5 Italy            

                                6.2.6 France       

                6.4 Asia-Pacific                 

                                6.3.1 Introduction           

                                6.3.2 China         

                                6.3.3 India          

                                6.3.4 Japan         

                                6.3.5 Australia   

                                6.3.6 South Korea           

                6.5 Latin America                             

                                6.4.1 Introduction           

                                6.4.2 Brazil          

                                6.4.3 Argentina

                                6.4.4 Mexico     

                                6.4.5 Rest of Latin America          

                6.6 Middle East & Africa                               

                                6.5.1 Introduction           

                                6.5.2 Middle-East            

                                6.5.3 Africa         

7. Strategic Analysis                                       

                7.1 PESTLE analysis                         

                                7.1.1 Political     

                                7.1.2 Economic 

                                7.1.3 Social         

                                7.1.4 Technological         

                                7.1.5 Legal          

                                7.1.6 Environmental       

                7.2 Porter’s Five analysis                              

                                7.2.1 Bargaining Power of Suppliers        

                                7.2.2 Bargaining Power of Consumers    

                                7.2.3 Threat of New Entrants     

                                7.2.4 Threat of Substitute Products and Services              

                                7.2.5 Competitive Rivalry within the Industry     

8. Market Leaders' Analysis                                        

                8.1 Ampacet Corporation                            

                                8.1.1 Overview 

                                8.1.2 Product Analysis   

                                8.1.3 Financial analysis  

                                8.1.4 Recent Developments       

                                8.1.5 SWOT analysis       

                                8.1.6 Analyst View          

                8.2 Ferro Corporation                    

                8.3 A. Schulman, Inc.                     

                8.4 Penn Color, Inc.                        

                8.5 PolyOne Corporation                             

9. Competitive Landscape                                           

                9.1 Market share analysis                            

                9.2 Merger and Acquisition Analysis                       

                9.3 Agreements, collaborations and Joint Ventures                         

                9.4 New Product Launches                         

10. Market Outlook and Investment Opportunities                                         

Appendix                                           

                a) List of Tables                

                b) List of Figures                              

  1. Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped

  2. Segment-level analysis in terms of by type,by region  along with market size forecasts and estimations to detect key areas of industry growth in detail

  3. Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics

  4. Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis

  5. Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development

  6. A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment

  7. Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies

  8. An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions

  9. Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

  1. Global Color Concentrates  Market By Region, From 2021-2026( USD Billion )

  2. Global Color Concentrates  Market By Type , From 2021-2026( USD Billion )

  3. Global Solid  Market By Region, From 2021-2026( USD Billion )

  4. Global Liquid Market By Region, From 2021-2026( USD Billion )

  5. Global Color Concentrates  Market By End Use Industry, From 2021-2026( USD Billion )

  6. Global Consumer Goods Market By Region, From 2021-2026( USD Billion )

  7. Global Packaging Market By Region, From 2021-2026( USD Billion )

  8. Global Construction Market By Region, From 2021-2026( USD Billion )

  9. Global Automotive Market By Region, From 2021-2026( USD Billion )

  10. North America Color Concentrates  Market By Type , From 2021-2026( USD Billion )

  11. North America Solid  Market By Region, From 2021-2026( USD Billion )

  12. North America Liquid Market By Region, From 2021-2026( USD Billion )

  13. North America Color Concentrates  Market By End Use Industry, From 2021-2026( USD Billion )

  14. North America Consumer Goods Market By Region, From 2021-2026( USD Billion )

  15. North America Packaging Market By Region, From 2021-2026( USD Billion )

  16. North America Construction Market By Region, From 2021-2026( USD Billion )

  17. North America Automotive Market By Region, From 2021-2026( USD Billion )

  18. United States Color Concentrates  Market By Type , From 2021-2026( USD Billion )

  19. United States Color Concentrates  Market By End Use Industry, From 2021-2026( USD Billion )

  20. Canada Color Concentrates  Market By Type , From 2021-2026( USD Billion )

  21. Canada Color Concentrates  Market By End Use Industry, From 2021-2026( USD Billion )

  22. Europe Color Concentrates  Market By Type , From 2021-2026( USD Billion )

  23. Europe Solid  Market By Region, From 2021-2026( USD Billion )

  24. Europe Liquid Market By Region, From 2021-2026( USD Billion )

  25. Europe Color Concentrates  Market By End Use Industry, From 2021-2026( USD Billion )

  26. Europe Consumer Goods Market By Region, From 2021-2026( USD Billion )

  27. Europe Packaging Market By Region, From 2021-2026( USD Billion )

  28. Europe Construction Market By Region, From 2021-2026( USD Billion )

  29. Europe Automotive Market By Region, From 2021-2026( USD Billion )

  30. U.K. Color Concentrates  Market By Type , From 2021-2026( USD Billion )

  31. U.K. Color Concentrates  Market By End Use Industry, From 2021-2026( USD Billion )

  32. Germany Color Concentrates  Market By Type , From 2021-2026( USD Billion )

  33. Germany Color Concentrates  Market By End Use Industry, From 2021-2026( USD Billion )

  34. France Color Concentrates  Market By Type , From 2021-2026( USD Billion )

  35. France Color Concentrates  Market By End Use Industry, From 2021-2026( USD Billion )

  36. Italy Color Concentrates  Market By Type , From 2021-2026( USD Billion )

  37. Italy Color Concentrates  Market By End Use Industry, From 2021-2026( USD Billion )

  38. Spain Color Concentrates  Market By Type , From 2021-2026( USD Billion )

  39. Spain Color Concentrates  Market By End Use Industry, From 2021-2026( USD Billion )

  40. Asia Pacific Color Concentrates  Market By Type , From 2021-2026( USD Billion )

  41. Asia Pacific Solid  Market By Region, From 2021-2026( USD Billion )

  42. Asia Pacific Liquid Market By Region, From 2021-2026( USD Billion )

  43. Asia Pacific Color Concentrates  Market By End Use Industry, From 2021-2026( USD Billion )

  44. Asia Pacific Consumer Goods Market By Region, From 2021-2026( USD Billion )

  45. Asia Pacific Packaging Market By Region, From 2021-2026( USD Billion )

  46. Asia Pacific Construction Market By Region, From 2021-2026( USD Billion )

  47. Asia Pacific Automotive Market By Region, From 2021-2026( USD Billion )

  48. Japan Color Concentrates  Market By Type , From 2021-2026( USD Billion )

  49. Japan Color Concentrates  Market By End Use Industry, From 2021-2026( USD Billion )

  50. China Color Concentrates  Market By Type , From 2021-2026( USD Billion )

  51. China Color Concentrates  Market By End Use Industry, From 2021-2026( USD Billion )

  52. India Color Concentrates  Market By Type , From 2021-2026( USD Billion )

  53. India Color Concentrates  Market By End Use Industry, From 2021-2026( USD Billion )

  54. Australia Color Concentrates  Market By Type , From 2021-2026( USD Billion )

  55. Australia Color Concentrates  Market By End Use Industry, From 2021-2026( USD Billion )

  56. South Korea Color Concentrates  Market By Type , From 2021-2026( USD Billion )

  57. South Korea Color Concentrates  Market By End Use Industry, From 2021-2026( USD Billion )

  58. Latin America Color Concentrates  Market By Type , From 2021-2026( USD Billion )

  59. Latin America Solid  Market By Region, From 2021-2026( USD Billion )

  60. Latin America Liquid Market By Region, From 2021-2026( USD Billion )

  61. Latin America Color Concentrates  Market By End Use Industry, From 2021-2026( USD Billion )

  62. Latin America Consumer Goods Market By Region, From 2021-2026( USD Billion )

  63. Latin America Packaging Market By Region, From 2021-2026( USD Billion )

  64. Latin America Construction Market By Region, From 2021-2026( USD Billion )

  65. Latin America Automotive Market By Region, From 2021-2026( USD Billion )

  66. Brazil Color Concentrates  Market By Type , From 2021-2026( USD Billion )

  67. Brazil Color Concentrates  Market By End Use Industry, From 2021-2026( USD Billion )

  68. Argentina Color Concentrates  Market By Type , From 2021-2026( USD Billion )

  69. Argentina Color Concentrates  Market By End Use Industry, From 2021-2026( USD Billion )

  70. Mexico Color Concentrates  Market By Type , From 2021-2026( USD Billion )

  71. Mexico Color Concentrates  Market By End Use Industry, From 2021-2026( USD Billion )

  72. Rest of Latin America Color Concentrates  Market By Type , From 2021-2026( USD Billion )

  73. Rest of Latin America Color Concentrates  Market By End Use Industry, From 2021-2026( USD Billion )

  74. Middle East and Africa Color Concentrates  Market By Type , From 2021-2026( USD Billion )

  75. Middle East and Africa Solid  Market By Region, From 2021-2026( USD Billion )

  76. Middle East and Africa Liquid Market By Region, From 2021-2026( USD Billion )

  77. Middle East and Africa Color Concentrates  Market By End Use Industry, From 2021-2026( USD Billion )

  78. Middle East and Africa Consumer Goods Market By Region, From 2021-2026( USD Billion )

  79. Middle East and Africa Packaging Market By Region, From 2021-2026( USD Billion )

  80. Middle East and Africa Construction Market By Region, From 2021-2026( USD Billion )

  81. Middle East and Africa Automotive Market By Region, From 2021-2026( USD Billion )

  82. Middle East Color Concentrates  Market By Type , From 2021-2026( USD Billion )

  83. Middle East Color Concentrates  Market By End Use Industry, From 2021-2026( USD Billion )

  84. Africa Color Concentrates  Market By Type , From 2021-2026( USD Billion )

  85. Africa Color Concentrates  Market By End Use Industry, From 2021-2026( USD Billion )

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