Liquid Masterbatches Market Expected To Value US$ 11,600 Million By 2022

Global Liquid Masterbatches Market to Reach a Value of About US$ 11,600 Mn in the Year
2022, Mineral Oil Segment is the Largest in Product Type
Liquid masterbatches are used as a raw material in the processing of plastics in order to impart color
or other special properties to the end product. There is an increased use of plastics the world over
and this is driving the liquid masterbatches market along with a growing demand from end use
sectors like automobiles, packaging and healthcare.
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The other factor propelling the growth of the liquid masterbatches market include increasing
demand for colorful and innovative solutions from the luxury goods packaging industry. Due to
such increasing demand of plastics used for packaging, the demand for liquid materbatches also
rises consequently.
Same can be said of the automotive sector, where there is an increasing preference for the
manufacturing of vehicles with light weight, thereby replacing the metal components. In the
manufacturing of such light weight vehicles, plastics and polymers are used on a large scale, which
in turn is boosting the liquid masterbatches market.
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The global liquid masterbatches market is slated to touch a value of about US$ 11,600 Mn in the
year 2022 and grow at a robust CAGR during the assessment period.
The report has also included the profiles of some of the leading companies in the liquid
masterbatches market like Marval Industries Inc., Clariant AG, BASF SE, Americhem Inc.,
Uniform Color Company, Inc., Polyone Corporation, Cabot Corporation, A. Schulman, Standridge
Color Corporation, Ampacet Corporation, RTP CO, Ferro-Plast Srl and Techmer PM Inc.
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Due to such increasing demand of plastics used for packaging, the demand for liquid materbatches also rises consequently. Same can be said of the automotive sector, where there is an increasing preference for the manufacturing of vehicles with light weight, thereby replacing the metal components.