China will become the world's largest masterbatch demand market

2019 masterbatch market value could rise to $ 12.1 billion. Packaging represents the biggest end-use market for color masterbatches. Many makers of consumer products are increasingly sought to both reduce production costs, and ensures efficient storage and transport packaging material.
2014-2019, Color Masterbatch market worldwide compounded annual growth rate is expected to reach 7.1%. by 2019 market value could rise to $ 12.1 billion. Packaging demand for masterbatch compounded annual growth rate will reach 7.5%. Masterbatch occupies an important position in the market as a whole. Automotive sector demand for masterbatch compounded annual growth rate higher, at 8.5%.
China has become one of Asia's largest masterbatch producing and consuming countries, but also the world's fastest-growing and largest amount of future color masterbatch market, multifunction, high pigment content and high technology content products will become the next few years China masterbatch development direction.

According to the General Secretary of China dyestuff industry association professional Committee of color masterbatch Qiao Hui introduced: after more than 30 years of development, China color masterbatch production capacity has reached 250,000 tons, GDP amounted to 5 billion yuan. Asia masterbatch annual demand growth of about 7%~9%, and China demand for color master batch growth has been maintained at above 20% in recent ten years. China will become the world's largest and fastest-growing market demand for Color masterbatch.
In the development of varieties, Chinese masterbatch manufacturer development and production of fiber, film, wire and cable, polyolefin, PVC, injection molding and other products, has been basically meet the domestic market demand of middle and low color masterbatch. Currently plastic masterbatch producers nearly 300, but small and medium-sized enterprises accounted for a large proportion, technical force is still weak. Domestic color masterbatch quality is not enough, varieties are still not complete, white and Black Masterbatch production accounted for 80% of high-grade masterbatch, color, there is still much to rely on imports. Therefore, masterbatch industry towards to meet the market demand for multifunctional and high technological content and high pigment content direction that can lower costs in the future , adapt to household appliances, and packaging industry of high-end color masterbatch for plastics and other raw materials demand. In fact, Chinese masterbatch industry have the ability to develop high-grade color masterbatch, Beijing University of chemical technology newly developed polymer masterbatch is a fluorinated ethylene propylene heat-resistant, corrosion-resistant high performance masterbatch.
Industry experts point out that, in order to meet the future development trend of China color masterbatch, the domestic pigments, dispersions, carrier and equipment-related companies should also raise the technological content of products, provides the high quality pigments, dispersions, special brands of equipment and application software for carrier and advanced equipment. Color masterbatch manufacturer should strengthen the comprehensive quality management, produce stable quality, variety, functional masterbatch, contribute to the development of Chinese plastic and fiber industry.