Color concentrates, a blend of pigments and carrier resins, are becoming increasingly crucial for a range of applications, including paints, packaging, agriculture, and consumer goods. The market’s growth is propelled by the need for enhanced aesthetics and functionality in various end-use sectors. The selection of carrier resin composition and molecular weight plays a pivotal role in creating effective color concentrates. Manufacturers are working closely with clients to develop tailored colors that meet specific requirements.
Color concentrates are typically added to base resins at controlled ratios, with the carrier polymer constituting a significant proportion of the final compound. This emphasizes the importance of meticulous selection. The liquid form segment is expected to exhibit remarkable growth due to its advantages, such as energy efficiency, accurate metering, and rapid color development. The packaging industry is a key contributor to the color concentrates market, anticipated to display substantial growth over the forecast period.
As per the recent research conducted by a leading market insights provider FMI, the global Color Concentrates market size will expand at a healthy CAGR over the forecast period between 2023 and 2027. The aim of this study is to analyze key market dynamics affecting the sales of Color Concentrates and provide vital insights to business owners to get benefited from forthcoming opportunities.
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The report conducts an in-depth analysis into factors affecting the change in consumer behavior and purchasing patterns. It highlights the key growth prospects for the demand and sales across seven major regions. It also provides refines sales projections and assist market players in identifying the remunerative segments among the verticals.
Upsurge in the Trend of Green Chemistry to Facilitate the Growth in the Color Concentrates Market
Governments of several countries are emphasizing on implementing regulations on chemicals that are hazardous for environment, owing to the rising concerns regarding environment sustainability. Hence, growing trend of green chemistry or sustainable chemistry is being witnessed across the chemical industry.
Citing this trend, chemical manufacturers are reviewing their business strategies and shifting their focus towards adopting eco-friendly practices for the production of sustainable alternatives or less toxic chemicals. This is expected to favor the growth in the Color Concentrates market.
Key Color Concentrates Market Takeaways and Projections
- The US will lead the North America Color Concentrates market, projecting the fastest growth in the region between forecast period
- Germany will collectively hold the largest share in the Europe market over the assessment period.
- India will emerge as a highly remunerative market in South Asia, contributing significant revenue share in the region through forecast period.
- China will dominate the East Asia market, accounting for the largest demand share during the forecast period.
- In terms of segments, will hold the lion’s share in the market, expanding at a robust CAGR during the next ten years.
Competitive Landscape Analysis
The survey offers insights into critical trends and opportunities across technology industry and studies their impact on demand-supply forces in the Color Concentrates market. It also profiles a list of prominent companies including
- Clariant Corporation
- PolyOne Corporation
- Ampacet Corporation
- Ferro Corporation
- Breen Color Concentrates
- Colortech Inc.
- Penn Color, Inc.
- Plasticoncentrates Inc.
- Americhem Inc.
- Hudson Color Concentrates
- A. Schulman, Inc.
- Carolina Color Corporation
- Dainichiseika Color & Chemicals Mfg. Co., Ltd.
- Far East Plastic Colours Co., Ltd.
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Key Segments Profiled in the Color Concentrates Industry Survey
On the basis of form, the color concentrates market can be segmented into:
- Solid
- Liquid
On the basis of end-use industry, the color concentrates market can be segmented into:
- Packaging
- Consumer Goods
- Building & Construction
- Automotive
Why Buy FMI’s Report?
- Extensive analysis on high growth niche markets across major regions
- Detailed assessment on key segments and sub-segments
- Recent and upcoming strategies tracked of manufacturers for the Color Concentrates market
- Reliable information on new product launches, technological advancements, and more
- Valuable insights on the impact of regulatory framework on the global Color Concentrates market
About Future Market Insights, Inc. (FMI)
Future Market Insights, Inc. (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10 years.
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