Global Masterbatch Market � Industry Trends and Forecast to 2028

Databmr10 Sep, 2022Business

Data Bridge Market Research analyses that the masterbatch market will witness a CAGR of 6.07% for the forecast period of 2021-2028. Growth in the application of colour masterbatch, growing use of masterbatch for a wide range of end use applications such as packaging, building and construction, consumer goods, automotive, textile, agriculture, transportation, cosmetics and pharmaceuticals, electronics and electrical and others and surge in industrialization especially in the developing countries are the major factors attributable to the growth of the masterbatch market.