Color Masterbatch Helping Various Plastic-Based Industries
Given the properties and features of color masterbatch, a wide range of plastic-based industries are drawing benefits from color masterbatch. In layman’s language, color masterbatch is a concentrated mixture of additives and pigments which is manufactured by compressing it into a carrier resin by heating process. Afterward, it is cooled and cut into granular form, making it industry-ready.
Owing to rapid industrialization across the globe, the color masterbatch market is witnessing rapid growth!
Benefits of using color masterbatch
Why do plastic industries use color masterbatch while manufacturing different types of plastic products?
As far as the benefits of color masterbatches are concerned, these granules offer brilliant dispersion and distribution through plastic. At the same time, these are not prone to uneven colors and enable better physical and mechanical properties of the applied material. As a result, a variety of plastic-based industries use color masterbatch in manufacturing a variety of plastic products.
Application in automobile engineering
Here let’s understand the application of color masterbatch in automobile engineering plastic. Engineering plastics are widely used in the automobile industry for manufacturing a wide range of automobile components, including steering wheels, airbags, seatbelts, bumpers, and dashboards.
The automobile industry is one of the major contributors to the growing color masterbatch market.
Color masterbatch market size and growth (2023-28)
The color masterbatch market is growing at a rapid speed, riding on consistent demand from a variety of industries across the globe.
The color masterbatch market accounted for USD 5.86 billion in 2022. Whereas it is projected to reach USD 9.75 billion in 2028. Experts say that the market is fueled by the increasing use by manufacturers of polymers. The demand is also fueled due to the increased use of special effects and color masterbatch to distinguish products.
If you are into color masterbatch manufacturing, then these statistics will surely lift your spirit!