Masterbatch market is expected to reach $10.9 billion by 2022


Posted July 27, 2017 by Lucintel

The global masterbatch market is expected to reach an estimated $10.9 billion by 2022 and it is forecast to grow at a CAGR of 4.2% from 2017 to 2022.

 
According to a new market report published by Lucintel, the future of the global masterbatch market is attractive with opportunities in various end use industries, including packaging, building and construction, consumer goods, transportation, electrical and electronics, and textiles industries. The global masterbatch market is expected to reach an estimated $10.9 billion by 2022 and it is forecast to grow at a CAGR of 4.2% from 2017 to 2022. The major driver for growth of this market is increasing demand for plastic as substitutes for various materials like metal, concrete, and steel in various end use industries....Read more
http://www.lucintel.com/masterbatch-market-2017-2022.aspx
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Tags masterbatch industry , masterbatch market , masterbatch market demand , masterbatch market report , masterbatch market size
Last Updated July 27, 2017