India Master batch Market is segmented by product, by polymer, and by end use. In terms of product, India Master batch Market is divided into white, black and additive. Based on a polymer, India Master batch Market segmentation include polyethylene, polypropylene, and others. While packaging, building & construction, automobile and other are an end user of India Master batch Market.
Increasing demand from industries such as packaging, healthcare, aerospace, electronics, automotive, consumer goods, etc., is the factor driving the growth of India master batch market. Expanding manufacturing sector is expected to augment demand for master batch in India by 2026. Growing demand from packaging and automotive industries in the country act as an opportunities for master batch market. Use of biocompatible master batch for healthcare applications, nanoparticle-based master batches is trending in the India master batches market. Launch of innovative high-performance products and novel foam enhancement technology are the key development took place in the India master batches market. Government schemes such as ‘Smart City Plan' and ‘Make in India' campaigns are impelling growth to the India master batch market.
Among product type, white master batch dominated the Indian market in 2017 and will remain on a dominant position till 2026 on account of its ability to provide opacity and base color to plastic. The white master batch is being used extensively in food & beverage and pharmaceutical industries.
The packaging industry is forecasted to remain the major end user for master batch in India over the forecast period. Increase in the trend of innovative and environmentally friendly packaging from food & beverage and pharmaceutical sectors is expected to drive sales of master batch for manufacturing packaging materials in India. Automobile segment to gain growth owing to the manufacturing of lightweight vehicle and trending composite material fabrication.
Ampacet Speciality Product, Blend Colours, Clariant Chemicals (India) Limited, A. Schulman Plastics India Private Limited, Orbit Master batches, Polmann India and Cabot India Limited, A.Schulman Plastics India Private Limited and Alok Master batches Pvt. Ltd. Are leading players in the India master batches market.
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Scope of the India Master batch Market
By Product Type:
- White
- Black
- Additive
By Polymer Type:
- Polyethylene
- Polypropylene
- Others
By End Use Type:
- Packaging
- Building & Construction
- Automotive
- Others
Key Player analysed in India Master batch Market:
- A.Schulman Plastics India Private Limited
- Alok Masterbatches Pvt. Ltd.
- Ampacet Speciality Product Pvt. Ltd.
- Blend Colors Pvt. Ltd.
- Cabot India Limited
- Clariant Chemicals (India) Limited
- Orbit Masterbatches Pvt. Ltd.
- Plastiblends India Ltd.
- Poddar Pigments Ltd.
- Polmann India Ltd.
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And when we talk about profit-making, organizations invariably put more focus on exploring new avenues of generating revenue.
However, interestingly, very few care to talk about the existing business processes.
In the method of batch production — also referred to as batch processing —the different constituents of a product are assembled through step-by-step processes.
The raw materials move through the production line in batches, allowing enough room for a gap between steps throughout creation as a batch moves through.
Let’s take a deeper look at how a batch production system helps reduce costs and increase profits:
By better management of inventory: A batch production software, through its inventory management module, helps with planning inventory usage, replenishment, surplus and turnover tracking, and achieving very high levels of inventory accuracy, among other things, besides reducing inventory shrinkage.
