Demand of the Masterbatches in the plastic Industry

The demand for masterbatches is growing in end users likes packaging industry, building & construction, consumer goods, automotive and textiles. India is expected to see the major rise of demand masterbatches within the next 5 years. Automotive is the one of the areas, where the demand for masterbatches is expected to rise further. Plastics in the automotive industry are used mainly for vehicle interiors. Lately, the plastics are also used for exteriors applications. Vehicle components like  bumpers, , dash board , seating, screen lights ,  covers , windows, insulations ,seat belts , air bags  and door panels, are now coming in plastics .This increasing demand for plastics in the automotive industry has led to the increase in demand for masterbatches. Automotive industry is driving demand for masterbatches in other parts of the world also. Among the various masterbatches, the additive masterbatch is seeing the fastest growth.

Additive masterbatches is used in processing of plastics and helps in reducing the cost. Additive masterbatches also adds a number of properties to plastics.

The growth of population, urbanization and consumerism has increased the need for plastic goods and their uses in different industry. The growing manufacturing industry has increased the plastic industry capacity and this in turn has led to increase in demand for masterbatches, which are used in plastic manufacturing process. Besides these basic factors, the Government policies for manufacturing sector, tight emission control, and need to produce environmentally friendly products are all producing   innovations in the plastics and related industries. The demand of masterbatches has also grown because, many small players has emerged to provide customized solution to clients. These clients need only small quantities of masterbatches, but they contribute significantly to the overall demand of the masterbatches.

Earlier only the standard and stock color masterbatches were available. .Now the color masterbatches are an import part of the masterbatches. Latterly the customer based creation of color and different shades it produces are growing in demand. This demand has come up because the colors have gained important in marketing, branding and other different marketing strategies of end users.  Color is projected to play a key role in raising the growth of the overall masterbatch market due to its unique properties, which makes color masterbatches suitable for use in various industrial applications. Color Masterbatches Manufacturer in India are increasing doing color customization to produce colors masterbatches for various industries.  The companies need different colors for brands and logo awareness, which should be different from their rivals or competitors. And this is fueling demand for color masterbatches .Similarly the Black Masterbatches Manufacturer in India has started the production of the black masterbatches, on customers’ specifications, to match the end users requirement like protection from UV for outdoor applications and conductivity. They also make high jet black MB and black MB for engineering plastic.