DUBLIN, May 14, 2019 /PRNewswire/ — The “Masterbatch Market by Type (Color, Additive, White, Black, Filler), Polymer (PP, LDPE & LLDPE, HDPE, PVC, PET, PUR, PS), Application (Packaging, Building & Construction, Automotive, Consumer Goods, Textile, Agriculture) – Global Forecast to 2023″ report has been added to ResearchAndMarkets.com’s offering. The masterbatch market size was USD 10,501.1 million in 2017 and is projected to reach USD 14,047.0 million by 2023, at a CAGR of 5.0% between 2018 and 2023. Masterbatch is a blend of pigments, additives, and polymer materials (carrier resin). It is used as a chemical ingredient to enhance the properties of plastics and impart shades of color. Masterbatch is widely available in granular shape for easy processing of plastic products. Color, additive, black, white, and filler are the different types of masterbatches used in polymers such as PP, LDPE & LLDPE, HDPE, PVC, PET, PS, and PUR. Some of the important applications of masterbatch are packaging, building & construction, automotive, consumer goods, textile, and agriculture.This growth is mainly supported by the increasing need for innovativ...