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Color Concentrates Market by Form, End-Use Industry, Region - Global Forecast to 2021

Color Concentrates Market: Global Forecast until 2021

  • April 2017
  • 144 pages
  • ID: 4880625
In this report:
The market size for color concentrates in the building & construction end-use industry was ##.## kilotons in 2015 and is projected to reach ##.## kilotons by 2021, registering a CAGR of ##.##% between 2016 and 2021.
The automotive end-use industry accounted for a share of ##.##% of the overall color concentrates market in 2015, in terms of volume.

Summary

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"The color focus market is estimated to rise at a compound annual growth rate of 6.50 percent in terms of value during the outlook period."

The color focus market was estimated at ~$4.2B in 2016 and is projected to extend ~$5.8B by 2021, at a compound annual growth rate of 6.50 percent from 2016 to 2021. The growing demand for color concentrates in the packaging end-use industry due to the increasing importance of aesthetics in the packaging of products and rising use of plastics in different industries, including textiles, building & construction, and automotive, among others, is driving the rise of the color focus market.

"Among forms, the liquid segment of the color focus market is presumed to grow at the highest compound annual growth rate (CAGR) from 2016 to 2021."

The liquid form segment of the color focus market is expected to increase at the maximal CAGR during the forecast period due to several properties provided by liquid color focus, which include quick color development, reduced energy consumption in their manufacturing, low material costs, enhanced color dispersion, accuracy in metering, and rised color consistency.

"Among end-use sectors, the packaging segment is leading the color focus market and is expected to rise at the maximal CAGR (Compound annual growth rate) from 2016 to 2021."

The packaging end-use industry segment is leading the color focus market and is expected to grow at the maximal compound annual growth rate (CAGR) during the estimate period. The increase of this segment of the sector can be accredited to increased use of color focus to color plastics, which are extensively used in the packaging market. Plastics are preferred for packaging as they offer high strength, rised flexibility, excellent impermeability, lightness, and high stability. Use of color concentrates not only provides aesthetic appeal to the packaging of products but also helps in product differentiation, thereby influencing preferences of customers.

"The Asia-Pacific color focus market is expected to rise at the highest CAGR (Compound annual growth rate) during the outlook period."

The Asia-Pacific color focus market is expected to grow at the highest compound annual growth rate (CAGR) during the estimate period, owing to increased demand for plastics in the territory resulting from increasing middle class population, fast urbanization, and growing purchase power of consumers. The increasing consumer goods and packaging end-use markets in the area are also fueling the industry demand for color concentrates in the Asia Pacific (APAC) area, thereby contributing to the rise of the color focus market in the territory.

This analysis has been approved through primaries managed with different market experts, global. The primary sources have been sliced into three class, that is, company category, description, and area.

- By Company Type - Tier 1 - 60.0 percent, Tier 2 - 20.0 percent, and 1/3 3 - 20.0 percent

- By Designation - C Level - 20.0 percent, Director Level - 20.0 percent, and Others - 60.0 percent

- By area - Asia-Pacific - 60.0 percent, North america (NA) - 5.0 percent, Europe - 25.0 percent, Middle East & Africa - 5.0 percent, and South America - 5.0 percent

Companies Profiled in the Report:

Clariant, PolyOne Corporation, A. Schulman, Incorporated, Ampacet Corporation, Ferro Corporation, Breen Color Focus, Hudson Color Focus, Penn Color, Incorporated, Colortech Inc., and Plasticoncentrates, Incorporated, among others are the key players in the color focus market.

Segment Research

The industry report affords insight on color concentrates used for distinct applications in several end-use sectors across different areas. It aims at evaluating the size of the color focus market during the outlook period and projects future increase potential of the market across several segments, including form, end-use sector, and area. Moreover, the study also comprises a detailed competitive analysis of the top players in the color focus market, together with their company descriptions, SWOT study, recent evolutions, and key industries strategies.

Main highlights

The analysis will facilitate the market top players/new sector entrants in the color focus market by providing them the closest approximations of the revenues for the global market and its different subsegments. This industry report will facilitate partners to obtain a better understanding of the competitive landscape and gain insights to improve their businesses and devise suitable market strategies. The market research will also assist partners to comprehend the pulse of the sector and acquire info on main market drivers, market restraints, opportunities, and alternatives impacting the increase of the color focus market.

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