Masterbatch Market Size Will Grow At A 6.6% From 2014 to 2025: Grand View Research, Inc.

The global masterbatch market is expected to reach USD 15.81 billion by 2025, according to a new report by Grand View Research, Inc. The market is anticipated to grow at a CAGR of 6.6% primarily driven by increasing replacement of metal by plastic is projected to fuel the market growth. In addition, rising demand from the European region is further expected to propel the demand over the forecast period. 

In terms of revenue, color masterbatch was the largest segment in 2016 and the trend is anticipated to continue at a growth rate of 7.1% over the forecast period. Increasing need for improving the surface appearance of plastic components in automotive, building & construction, and consumer goods is expected to contribute to the growth. Additive masterbatch is being widely used on account of various properties it imparts to plastics such as antistatic, antifoaming, antioxidant, antimicrobial, thermo-stabilizer, barrier properties, metal deactivators, antiblock, flame retardant, UV stabilizer, oxygen scavenger, and abrasion resistance. The growth of packaging sector, especially plastic packaging, is anticipated to drive the masterbatch demand.

Masterbatch is used in various end-use industries, such as packaging, building & construction, consumer goods, automotive, agriculture, as it imparts useful functional properties such as smooth surface finish and desired hardness. The increasing spending capability of customers toward purchasing attractively packaged consumer goods is expected to trigger the need for various plastic components, which use masterbatches to improve the appearance and other properties. These factors together are anticipated to boost masterbatch market demand over the forecast period.

Browse full research report on Masterbatch Market: www.grandviewresearch.com/industry-analysis/masterbatch-market                                                                                                                            

Further Key Findings From the Study Suggest:

• Color segment is expected to experience the fastest growth, in terms of value, at a CAGR of 7.1% from 2017 to 2025 as color masterbatch finds application in various end-use industries such as packaging, building & construction, consumer goods, automotive, and agriculture
• Polyethylene emerged as the largest carrier polymer segment, in terms of revenue, in 2016 and is estimated to be valued at USD 5,461.8 million by 2025. The growing popularity on account of useful properties of HDPE, LDPE, and LLDPE is projected to drive the growth.
• Packaging was estimated as the largest end-use industry due to different types of industrial, customer, and retail packaging segments across various geographies
• The U.S. masterbatch market, in terms of revenue, was valued at USD 1,624.3 million in 2016 and is estimated to reach USD 2,920.3 million by 2025. The consumer goods industry in the U.S. is projected to witness the fastest growth over the next eight years owing to the increasing demand from customers.
• Key players including A. Schulman, Inc., Ampacet Corporation, Cabot Corporation, Clariant AG, Plastiblends India Ltd., and Global Colors Group have a prominent presence in the global masterbatch market

Browse more reports of this category by Grand View Research: www.grandviewresearch.com/industry/petrochemicals-and-downstream-derivatives                                                                                                                    

Grand View Research has segmented the global masterbatch market on the basis of type, carrier polymer, end use, and region.

Masterbatch, Type Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014 - 2025)

• White
• Black
• Color
• Additive
• Filler

Masterbatch Carrier Polymer Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014 - 2025)

• Polypropylene (PP)
• Polyethylene (PE)
• Polyvinyl Chloride (PVC)
• Polyethylene Terephthalate (PET)
• Others

Masterbatch Market End Use Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014 - 2025)

• Packaging
• Building & Construction
• Consumer Goods
• Automotive
• Agriculture
• Others

Masterbatch Regional Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014 - 2025)

• North America
• U.S.
• Europe
• Germany
• UK
• France
• Asia Pacific
• China
• India
• Japan
• Central & South America
• Brazil
• Middle East & Africa

Access Press Release By Grand View Research: www.grandviewresearch.com/press-release/global-masterbatch-market  

                                                                              

About Grand View Research:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: www.grandviewresearch.com

Glycolic Acid Market To Witness Growth Gaining Popularity Due To Increasing Awareness About Healthy Skin & Hair Till 2024: Grand View Research

The global glycolic acid market is expected to reach USD 415.0 million by 2024, according to a new report by Grand View Research, Inc. Growing use of the product in various applications including personal care and household is expected to drive demand. The product is extensively used in the manufacturing of cleaning agent formulations as well as skin care creams, thus promoting its growth.

Personal care application is expected to be valued at over USD 96.0 million in 2015 driven by increasing use of the product in cosmeceutical preparations such as skin creams, lotions for treatment of blackheads, acne face lines and the treatment of oiliness. In addition, the demand for glycolic acid based skin peels for face cleansing is expected to bolster the demand over the forecast period.

U.S. glycolic acid market revenue, by application, 2013 - 2024 (USD Million)

Growing use of the product in shampoo formulations for treatment of dandruff and hair conditioning is expected to augment demand over the projected period. However, availability of alternate products such as salicylic acid coupled with stringent regulations by bodies such as Food and Drug Administration (FDA) limiting the concentration of glycolic acid in personal care products is expected to restrain growth.

Browse full research report on Glycolic Acid Market: www.grandviewresearch.com/industry-analysis/glycolic-acid-industry 

                                                                                                                          

Further Key Findings From the Study Suggest:

• The industrial application segment is expected to be valued at over USD 42.0 million by 2024 owing to its increasing application scope in concrete removal, dairy and food equipment cleaner, industrial chemical manufacturing, oil and petrol refining and metal cleaning & finishing. Superior properties exhibited by the product including corrosion resistance, negligible odor, low toxicity, and low inflammability are expected to promote its use over the forecast period.
• In Europe, the market in Italy is expected to exhibit highest growth rate of over 11.5% from 2016 to 2024 owing to increasing demand for glycolic acid in the production of skin care creams and lotions and face peels. In addition, increasing demand for glycolic acid by cosmetics manufacturers in the country is expected to drive the demand for the product over the forecast period.
• Asia Pacific is expected to witness highest CAGR of over 12.0% over the period 2016 to 2024 driven by rising demand for glycolic acid based household cleaners coupled with a growing demand for beauty products. Abundant raw material availability coupled with the presence of a large number of manufacturer base is likely to have a positive impact on market growth.
• Key players in the industry include Parchem, DuPont, CrossChem LP, Phibro Animal Health Corporation and Chemsolv Inc.

Browse more reports of this category by Grand View Research: www.grandviewresearch.com/industry/organic-chemicals-and-compounds                                                                                                                   

Grand View Research has segmented the glycolic acid market on the basis of application and region:

Glycolic Acid Market Application Outlook (Volume, Tons; Revenue, USD Million, 2013 - 2024)

Personal Care

• Household
• Industrial
• Others

Glycolic Acid Market Regional Outlook (Volume, Tons; Revenue, USD Million, 2013 - 2024)

·         North America

• U.S.
• Canada
• Mexico

·         Europe

• Germany
• Italy
• France

·         Asia Pacific

• China
• India
• Japan

·         Latin America

• Brazil

·         Middle East & Africa

• South Africa

Access Press Release By Grand View Research: www.grandviewresearch.com/press-release/global-glycolic-acid-market   

                                                                            

About Grand View Research:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: www.grandviewresearch.com

High Performance Pigments Market Is Getting Traction Due To Growing Automotive Demand

The global High Performance Pigments Market is expected to reach USD 6.32 billion by 2022, according to a new report by Grand View Research, Inc. Growing of automotive coatings demand on account of increasing automobile production particularly in Asia Pacific is expected to remain a key driving factor for the global High Performance Pigments Market. 

U.S. High Performance Pigments Market revenue by product, 2012 - 2022 (USD Million)

The growth of global personal care industry is also expected to have a positive influence on the market growth. Volatile raw material prices coupled with the high price of these pigments is expected to remain a key challenge for market participants. The market displays high competition among its industry participants which has resulted in companies taking strong measures to reduce manufacturing costs and yet provide superior quality products. 

Inorganic high performance pigments emerged as the leading product segment with demand share exceeding 60% of the global market in 2014. However, organic high performance pigments are presumed to witness a faster growth rate on account of changing customer buying patterns and favorable regulatory scenario. 

Browse full research report on High Performance Pigments Market: www.grandviewresearch.com/industry-analysis/high-performance-pigments-market                                                                                                                           

Further Key Findings From the Study Suggest:

• Global High Performance Pigments Market demand was 154.8 kilo tons in 2014 and is expected to reach 233.0 kilo tons by 2022, at a CAGR of 5.2%from 2015 to 2022.
• Coatings were the leading application segment and accounted for 59.9% of total market volume in 2014. Growth of global automotive coatings industry is expected to drive this segment over the forecast period. It is also expected to witness the highest growth of 5.4% over the forecast period. Developments in the ink jet printing technology are expected to lead high performance pigment demand in the ink industry.
• Europe dominated the global market with demand share estimated at 31.8% in 2014. Developed markets of North America and Europe have had their dominance in the past. However, the recent economic downturn critically impacted key end-use industry growth in these regions. Recovery of U.S. automotive industry from the economic downturn is expected to re-establish high performance pigment demand in North America.
• Asia Pacific is expected to witness the highest growth of 6.0% from 2015 to 2022. Increasing automobile production in China, India, Thailand and Indonesia is expected to drive the regional market over the forecast period. 
• The global high performance pigment industry was once recognized by a few multinational corporations. However, the advent of globalization has led new entrants in the industry. Companies have been taking key strategic initiatives to enhance their product portfolio and penetrate the market deeper by targeting applications such as cosmetics, inks, and plastics. Some leading companies in the global market include Sun Chemical, Clariant, BASF, Ferro, Heubach, Sudarshan Chemical Industries Ltd, Merck, Eckart Effect Pigments and Horst Chemicals Zhuhai Co. Ltd.

Browse more reports of this category by Grand View Research: www.grandviewresearch.com/industry/paints-coatings-and-printing-inks                                                                                                                    

Grand View Research has segmented the high performance pigments market on the basis of product, application and region:

High Performance Pigment Product Outlook (Volume, Kilo Tons, Revenue, USD Million, 2012 - 2022)

• Organic
• Inorganic

High Performance Pigment Application Outlook (Volume, Kilo Tons, Revenue, USD Million, 2012 - 2022)

• Coatings
• Plastics
• Inks
• Cosmetics
• Others

High Performance Pigment Regional Outlook (Volume, Kilo Tons, Revenue, USD Million, 2012 - 2022)

• North America
• U.S.
• Europe
• Germany
• France
• UK
• Asia Pacific
• China
• India
• Middle East & Africa
• Central & South America
• Brazil

Access Press Release By Grand View Research: www.grandviewresearch.com/press-release/global-high-performance-pigments-market 

                                                                              

About Grand View Research:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: www.grandviewresearch.com