Color Concentrates Market 2019 Industry Research & Forecast With Mexichem Specialty Compounds, Colortech, PolyOne, Breen Color Concentrates, Ferro Corporation, Ampacet Corporation, Penn Color
The key areas covered in the report are market definition, market segmentation, competitive analysis and research methodology. What is more, the market research data of Color Concentrates Market report is interpreted by using established and advanced tools such as SWOT analysis and Porter’s Five Forces Analysis. This market report also provides the list of major competitors along with the strategic insights and analysis of the key factors influencing the Color Concentrates industry. For a booming business, it is quite necessary to get knowledgeable about consumer’s demands, preferences, attitudes and their varying tastes about the particular product. And this Color Concentrates Market report is right there to solve this purpose comprehensively.
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Global color concentrates market is expected to rise from its initial estimated value of USD 4.90 billion in 2018 to an estimated value of USD 8.05 billion by 2026, registering a CAGR of 6.4% in the forecast period of 2019-2026. This rise in market value can be attributed to the increase in demand for plastics. Few of the major competitors currently working in global color concentrates market are Clariant, Polyone Corporation, A. Schulman, Inc., Ampacet Corporation, Ferro Corporation, Breen Color Concentrates, Colortech Inc., Chroma Color Corporation, Penn Color, Inc., Plasticoncentrates, Inc., Colortech Inc., PolyOne, Mexichem Specialty Compounds Inc., and many more.
Key Developments in the Market:
In April 2019, Chroma Color Corp. integrated the production and technical expertise of four different firms to serve the needs of a consolidating processor market. This will affect global market as it will provide customers with easy-to-use colors and would reduce lead times.
In March 2019, Chroma Color acquired Polymer Concentrates. Chroma Color’s business will exceed $160 million in sales by this acquisition and also their market share will also increase. The company is focusing to have extensive technical and manufacturing expertise.
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Market Drivers:
Increasing demand for plastics
Growing importance of aesthetics in packaging
Industrialization in developing countries
Segmentation: Global Color Concentrates Market
By Form
Solid
Liquid
By End-Use Industry
Packaging
Consumer Goods
Building & Construction
Automotive
Others
By Geography
North America (U.S., Canada, Mexico)
South America (Brazil, Argentina, Rest of South America)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland, Rest of Europe)
Asia-Pacific ( Japan, China, South Korea, India, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia Pacific)
Middle East & Africa (South Africa, Egypt, Saudi Arabia, United Arab Emirates, Israel, Rest of Middle East & Africa)
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