Epoxy curing agent News my country’s color masterbatch market continues to expand and has good application prospects in coloring processes

my country’s color masterbatch market continues to expand and has good application prospects in coloring processes

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​​​According to different colors, masterbatch can be divided into color masterbatch, white masterbatch and black masterbatch. Color masterbatch refers to colored particles made by evenly loading a super-normal amount of pigments into resin. Color masterbatch has the advantages of good chemical stability, good pigment dispersion, and good light resistance. It is widely used in automobile manufacturing, plastic packaging, chemical fiber, electronic products, household appliances and other fields.

Color masterbatch is usually composed of dispersants, additives, pigments, and resins. In the production process, color masterbatch uses thermoplastic resin as the base material, adds super-normal pigments to color it, and then adds dispersants and additives to obtain the finished product. Color masterbatch belongs to high-end color masterbatch. Benefiting from the improvement of technological maturity and sufficient supply of raw materials, the development speed of my country’s color masterbatch industry is accelerating, and the market share is constantly increasing. In 2022, my country’s color masterbatch will account for nearly 50% of the color masterbatch market.

Color masterbatch is widely used in automobile manufacturing, plastic packaging, electronic products, chemical fibers, household appliances and other fields. In the field of automobile manufacturing, color masterbatch can be used to produce automobile interior materials and auto parts; in the field of plastic packaging, color masterbatch can be used to color multi-layer composite plastic films, cast films, and packaging bags. Benefiting from strong application demand, my country’s color masterbatch market continues to expand. According to the “2023-2028 China Color Masterbatch Industry Market In-depth Research and Development Prospects Forecast Report released by the Industrial Research Center, In 2022, my country’s color masterbatch market size will reach 23.65 billion yuan.

Coloring is one of the important links in the production process of chemical fibers and plastic products. Traditional coloring processes are prone to environmental pollution problems. Color masterbatch is an environmentally friendly material. It has the advantages of no sewage discharge and dust pollution when used in the coloring process. In recent years, as the concept of green environmental protection continues to deepen, colored masterbatch has gradually gained broad application prospects in coloring processes.

There are many color masterbatch manufacturers in my country, the market is dominated by small and medium-sized enterprises, and the industry concentration is low. Ningbo Masterbatch Co., Ltd., Suzhou Baolidi Material Technology Co., Ltd., and Guangdong Meilian New Materials Co., Ltd. are the main manufacturers of color masterbatch in my country. Baoliidi focuses on the research and development, production and sales of masterbatch, and its products are widely used in many fields. According to Baolidi’s corporate annual report, the company’s color masterbatch business revenue will reach 150 million yuan in 2021.

Industry analysts said that color masterbatch has excellent performance, wide range of uses, and has broad application prospects in coloring processes. Benefiting from the deepening of green environmental protection concepts and the increasingly strong downstream demand, the scale of my country’s color masterbatch market continues to expand. As the technological maturity of local companies increases, the production and quality of color masterbatch in my country have further improved. It is expected that companies with high-performance color masterbatch production capabilities will occupy a larger space in the Chinese market in the future.

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