Asia-Pacific colour Concentrates Market, By Form (Solid, Liquid), Carrier (Polyethylene, Polypropylene, PC, Polystyrene, EVA, ABS and Others), End User (Packaging, Automotive, Electronics, Healthcare, Consumer Goods, Textile, Building and Construction and Others), Country (China, India, Japan, Australia, South Korea, Singapore, Thailand, Indonesia, Malaysia, Philippines and Rest of Asia-Pacific) Industry Trends and Forecast to 2028.
Market Analysis and Insights : Asia-Pacific Colour Concentrates Market
Data Bridge Market Research analyses that the color concentrates market will witness a CAGR of 7.50% for the forecast period of 2021-2028. Rising demand for color concentrates by the buildings and construction industry and growth and expansion of various end user verticals especially in the developing economies such as India and China are the major factors attributable to the growth of the color concentrates market.
Colour concentrates are the compounds that are used by a wide range of end user verticals for colouring of wide variety of plastics. Colour concentrates offer durable layers and are cost effective solutions.
Growing demand for plastics from various end-user industries and rise in demand of for applications such as packaging, agriculture, consumer goods, paint and agriculture are the major drivers that will influence the growth of market. Furthermore, rapid urbanization and industrialization, growing importance of aesthetics in packaging, rise in the level of investments in developing countries and growing personal disposable income will accelerate the market growth rate.
However, fluctuations in the prices of raw material, supply chain disruptions owing to the after effects of pandemic and competition from pre-coloured compounds will hamper the growth of the market. Also, entry barriers for small to medium-sized enterprises in developing countries and stringent regulations regarding plastic usage and impact of COVID-19 pandemic will also impede the growth rate of market.
This color concentrates market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on color concentrates market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Asia-Pacific Colour Concentrates Market Scope and Market Size
The color concentrates market is segmented on the basis of form, carrier and end user. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- On the basis of form, the color concentrates market is segmented into solid and liquid.
- On the basis of carrier, the color concentrates market is segmented into polyethylene, polypropylene, PC, polystyrene, EVA, ABS and others.
- On the basis of end user, the color concentrates market is segmented into packaging, automotive, electronics, healthcare, consumer goods, textile, building and construction and others.
Asia-Pacific Colour Concentrates Market Country Level Analysis
The color concentrates market is analysed and market size, volume information is provided by country, form, carrier and end user as referenced above.
The countries covered in the color concentrates market report are China, India, Japan, Australia, South Korea, Singapore, Thailand, Indonesia, Malaysia, Philippines and Rest of Asia-Pacific.
China and Asia-Pacific dominate the color concentrates market and will continue to flourish its dominance during the forecast period owing to the growth and expansion of various end user verticals. Apart from China, India, Japan, Indonesia and Thailand are other major markets in this region.
The country section of the color concentrates market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Asia-Pacific Colour Concentrates Market Share Analysis
The color concentrates market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to color concentrates market.
The major players covered in the color concentrates market report are Ferro Corporation, Cromex S/A, Chroma Color Corporation, Unicolor Masterbatching and Additives Incorporated, Plastics Color Corporation, AGC Inc., LyondellBasell Industries Holdings B.V., Avient Corporation, 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., among other. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.