Rubber Color Masterbatch Market Size, Share & Industry Analysis, By Product type (Silicone Rubber Color Masterbatch, EPDM Rubber Color Masterbatch, Others), By Application (Pigment, Fiber, Film, Others) and Regional Forecast, 2024-2032

Masterbatch is a condensed combination of pigments enclosed in  resin during the thermal pretreatment, which is then chilled and sliced into granulated size. Masterbatch helps the device to color raw polymer efficiently during the process of processing of plastics. Masterbatches for polymer volume colouration are especially focused to transform  thermoplastic polymers to brilliant colours. The design of polymer coloring is related to knowing  the interactions that pigments and dyes  have with the underlying resin, additives, and mineral fillers as well as the lastly application of the materia is  undertaken.

Increasing application in automotive industry leads to the growth of rubber color masterbatch market. Continuous innovation and demand for lightweight materials in several end-use industries is encouraging the replacement of metals. In the automotive industry, the need for replacing metals with plastics and rubber components to reduce the overall weight of vehicles is increasing, which is leading to the growth of the market. However, availibility of alternatives are anticipated to limit the market growth.

Market Segmentation:

Based on product type, the market for rubber color masterbatch is further segmented into silicone rubber color, masterbatch, EPDM rubber color masterbatch, and others. Based on application, the market for rubber color masterbatch is further segmented into pigment, fiber, film, and  others. From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Key Players Covered:

The global rubber color masterbatch market is fairly fragmented, with a number of global & regional players operating. Some of the key players in the rubber color masterbatch market includes Aron Universal Limited, Prisma Color Limited, Hangzhou Xiaoluan Imp & Exp Co.,Ltd, Universal Masterbatch LLP(UNICOL), PT Basis Pancakarya, Thai Bamroong Chemicals Co., Ltd., Shanghai Yuku Chemical Technology Co., Ltd. and others.

Key Insights

• New Advancements in Production Technologies


• Key Trends in the Rubber Color Masterbatch Market


• New Product Launches, Expansions, Key Players


• Ranking of Key Players in the Market

Regional Analysis:

In terms of Geography, the rubber color masterbatch market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia-Pacific region dominates the rubber color masterbatch market. Due to the fast increase in demand for  applications in the the automotive industry and supportive government regulations towards the automotive industry, Japan, China, India leads the market. Europe holds the second-largest share in the market due to the the rapid industrialisation, coupled with increasing ratio of exports which is assumed to drive the growth of the market in the region. North America has a prominent market share due to the  competitive business situation with the rise of many domestic companies with high technical capabilities. Middle East and Africa are predicted to the lack of spending power by the people in the regions coupled with limited number of manufacturers. Latin America is seeing relatively slow growth due to the availibilty of alternatives in the market.

Segmentation

Rubber Color Masterbatch Industry Developments

• In April 2016, A. Schulman, Inc., an American manufacturer of plastic compounding materials, has announced plans to expand its color masterbatch plant in China. The new plant was built to allow the company to produce color additives and to expand its footprint on the Chinese markets.


• In February 2016, Clariant AG, a specialty chemical corporation, has announced that it plans to increase its manufacturing capacity across the globe. Such growth has allowed the company to fulfil its mandate for masterbatches around the globe by simply increasing its product offerings.