The global colour concentrates market is expected to grow at a substantial CAGR during the forecast period. The global colour concentrate market is driven by an upsurge in the consumption of plastics across several end-use industries. Increasing adoption of colour concentrates in consumer goods and appliances is further expected to bolster the growth of the market over the next few years. However, strict regulations pertaining to the use of plastics can act as a major impediment to market growth over the years to come.
With the sudden outbreak of the pandemic COVID-19 disease, the world is affected, majority of the businesses are shut down and operations across different end-user industries such as packaging and plastic industries are also compromised. Therefore, the global colour concentrates market is massively hit by the pandemic, as the demand is decreased due to lockdowns across major countries in the world.
The global colour concentrates market is segmented based on form, resin type, end-use industry, company, and region. Based on the paper, the market can be categorized into solid colour concentrates and liquid colour concentrates. Out of which, the solid segment is anticipated to dominate the global colour concentrate market during the forecast period. The growth of this segment can be attributed to specific benefits it offers such as low price, less let-down ratio, dry nature, and ease of transportation and storage, among others. Based on end use, the packaging end-use industry segment is estimated to grow at a high pace in the next five years owing to increased demand for colour concentrates for colouring plastics used for lightweight packaging.
The major players operating in the colour concentrates market are LyondellBasell Industries (A. Schulman, Inc.), Polyone Corporation (Clariant AG), Ampacet Corporation, Ferro Corporation, Colortech Inc., Chroma Color Corporation, Penn Color, Inc., Plasticoncentrates, Inc., Plastiblends India Limited, Alok Masterbatches Limited, Tosaf Group, Global Colors Group, RTP Company, Blend Colors Pvt Ltd and others. The key market players are adopting some competitive strategies such as mergers & acquisitions, partnerships, collaborations, and agreements in order to expand their geographic reach and to increase their customer basis.
The Objective of the Study:
- To analyze and estimate the market size of the global colour concentrates market from 2018 to 2021.
- To estimate and forecast the market size of the global colour concentrate market from 2022 to 2028 and the growth rate until 2028.
- To classify and forecast the global colour concentrates market based on form, resin type, end-use industry, company and regional distribution.
- To identify the dominant region or segment in the global colour concentrate market.
- To identify drivers and challenges for the global colour concentrates market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the global colour concentrates market.
- To conduct pricing analysis for the global colour concentrates market.
- To identify and analyze the profile of leading players operating in the global colour concentrate market.
- To identify key sustainable strategies adopted by market players in the global colour concentrates market.
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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers and presence of all major players across the globe.
TechSci Research calculated the market size of the global colour concentrates market using a bottom-up approach, wherein data for various end-user segments was recorded and forecasted for the future years. TechSci Research sourced these values from industry experts and company representatives and externally validated by analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
- Colour concentrates manufacturers
- Market research and consulting firms
- Government bodies such as regulating authorities and policymakers
- Organizations, forums and alliances related to colour concentrate
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
| Attribute | Details |
| Base Year | 2022 |
| Historical Data | 2018 – 2021 |
| Estimated Year | 2023 |
| Forecast Period | 2024 – 2028 |
| Quantitative Units | Revenue in USD Million, Volume in Units and CAGR for 2018-2022 and 2023E-2028F |
| Report coverage | Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends |
| Segments covered | · Form· Resin Type· End User Industry |
| Regional scope | North America; Europe; Asia Pacific; South America; Middle East & Africa |
| Country scope | United States, Mexico, Canada, China, India, Japan, South Korea, Australia; Germany, France, United Kingdom, Spain, Italy, South Africa, UAE, Saudi Arabia; Brazil, Argentina, Colombia; |
| Key companies profiled | LyondellBasell Industries (A. Schulman, Inc.), Polyone Corporation (Clariant AG), Ampacet Corporation, Ferro Corporation, Colortech Inc., Chroma Color Corporation, Penn Color, Inc., Plasticoncentrates, Inc., Plastiblends India Limited, Alok Masterbatches Limited, Tosaf Group, Global Colors Group, RTP Company, Blend Colors Pvt Ltd. |
| Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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Report Scope:
In this report, the global colour concentrate market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
- Global Colour Concentrates Market, By Form:
- Solid Colour Concentrates
- Liquid Colour Concentrates
- Global Colour Concentrates Market, By Resin Type:
- HDPE
- LDPE
- LLDPE
- EVA
- Polypropylene
- Polystyrene
- Others
- Global Colour Concentrates Market, By End-Use Industry:
- Flexible Packaging
- Rigid Packaging
- Building & Construction
- Consumer Goods
- Lamination
- Geotextile
- Automotive
- Others
- Global Colour Concentrates Market, By Region:
- North America
- United States
- Canada
- Mexico
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
- South America
- Brazil
- Argentina
- Colombia
- North America
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the global colour concentrates market.