Global Masterbatch Market Report 2021: Focus on Packaging, Building & Construction, Automotive, Consumer Goods, Textile, Agriculture
Share this article Share this article ResearchAndMarkets.com's offering. The masterbatch market size is estimated to be USD 11.1 billion in 2020 and is projected to reach USD 14.3 billion by 2025, at a CAGR of 5.1% between 2020 and 2025. Factors such as widely preferred coloring method adopted by manufacturers over powders, pastes, and fluid additives will drive the masterbatch market. The major restraint for the market will be the availability of low quality and cheaper products. However, the increasing demand for biodegradable masterbatch will act as an opportunity for the market. "Color m...
Source: prnewswire.com