Indonesia Masterbatch Market A Dive from 7.2% CAGR in 2023-28| MarkNtel Advisors
MarkNtel Advisors has recently released an all-encompassing report on Indonesia Masterbatch market. The report thoroughly explores the present and future market scenarios, providing valuable insights into market size, share, and competitor segmentation. It also delivers an overview of manufacturers, regions, product categories, and application areas. This extensive research is designed to empower clients with the knowledge required to comprehend and capitalize on market trends for their business strategies.
Forecast 2023-28: Revealing Indonesia Masterbatch Market Insights and Analysis
The Indonesia Masterbatch Market is expected to grow at around 7.2% CAGR during the forecast period, i.e., 2023-28.
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Driving Innovation: Exploring the Indonesia Masterbatch Market and its Growth Trends
Key Driver: Surging Demand for the Polystyrene Resins to Upscale the Market Growth
The demand for polystyrene resins is likely to grow considerably in the country over the forecast years and, subsequently, bode well for the masterbatch market expansion. It owes to the rapidly expanding hospitality sector of the country due to the increasing influx of business & leisure travelers, which has accelerated the development of luxurious hotels, multi-cuisine restaurants, etc. Consequently, it is infusing the demand for various consumer goods & electric appliances in the hospitality industry and promoting the Indonesia Masterbatch Market growth.
Indonesia Masterbatch Market: Key Players
-Cabot Corp.
-Kasakata Chemicals
-Plasticolors Eka Perkasa
-Dunia Kimia Jaya
-Holco Indo Jaya (HIJ )
-Halim Samudra Interutama
-Berkat Utama
-Indonesia Polymer Compound
-Takhta Sinar Mulia
-Intera Lestari Polimer
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Indonesia Masterbatch Market Segmentation Outline:
By Product Type
-Black
-White
-Color
-Additive
By Application
-Film Extrusion
-Injection Molding
-Blow Molding
-Roto Molding
-Others (Pipe extrusion, multifilament etc.)
By End Users
-Automotive
-Packaging
-Consumer Goods
-Agriculture
-Construction
-Retail
By Resin
-Polyethylene
-Polystyrene
-Others (Polypropylene, Polycarbonate etc.)
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