The Special Effects Masterbatches Market report presents an extensive and high-quality research study with key factors
SEATTLE, WA, USA, Dec 31, 2021 /EINPresswire.com/ – The Special Effects Masterbatches Market report presents an extensive and high-quality research study with key factors expected to have a major impact on special effects masterbatches during the forecast period. The report presents key market segments assessed on the basis of its growth rate and share. This report also provides an analysis of the impact of the COVID-19 pandemic on the industrial labeling industry. The report explains the historical and current trends shaping the growth of Special Effects Masterbatches.
Special effects masterbatches usually contain special pigments or fillers to achieve different coloring effects. These masterbatches have various applications in cosmetics, fashion products, toys, chairs, safety products and in the field of electrical and automotive applications.
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The major players operating in the global special effects masterbatches market include. Americhem Inc., Ampacet Corporation, Clariant AG, ColorPlas Polyadditives LLP, Gabriel-Chemie Group, Hampton Colors, PolyOne Corporation, RTP Company, Universal Masterbatch LLP and Viba SpA
Main market drivers:
The launch of new products is expected to propel the growth of the global special effects masterbatches market during the forecast period. For example, in 2020 Ampacet Corporation launched a special effects masterbatch that provides a textured and frosted matte finish for PET applications in all market segments.
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Covid-19 impact assessment
Globally, as of 4:57 p.m. CET on December 3, 2021, 263,563,622 confirmed cases of COVID-19, including 5,232,562 deaths, have been reported to the WHO. As of December 3, 2021, a total of 7,864,123,038 doses of vaccine have been administered. The pandemic has led to increased investment in automation in the plastics sector. The industry has also witnessed a shift from buying on price to buying on time, with lead time being the ultimate deciding factor.
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Key points to remember
The launch of new products is expected to propel the growth of the global special effects masterbatches market during the forecast period. For example, in October 2021, Ampacet Corporation launched a new series of special effect dyes for HDPE and PP.
The major players operating in the global Special Effects Masterbatches market are focused on adopting merger and acquisition strategies to expand their product portfolio. For example, in November 2021, Chroma Color Corporation acquired J. Meyer & Sons, Inc., a manufacturer of color concentrates and masterbatches in Germany.
The major players operating in the global special effects masterbatches market are focused on launching new products to expand their product portfolio. For example, in August 2021, Colloids Ltd. has launched a series of thermoplastic graphene masterbatches.
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