Global Colour Concentrates Market 2028 – Forecast & Projected Growth
The global colour concentrates market is expected to grow at a substantial CAGR during the forecast period. The global colour concentrates market is driven by an upsurge in the consumption of plastics across several end-use industries. Increasing adoption of colour concentrates in consumer goods and appliances is further expected to bolster the growth of the market over the next few years. However, strict regulations pertaining to the use of plastics can act as a major impediment to market growth over the years to come. With the sudden outbreak of the pandemic COVID-19 disease, the world is affected, majority of the businesses are shut down and operations across different end-user industries such as packaging and plastic industries are also compromised. Therefore, the global colour concentrates market is massively hit by the pandemic, as the demand is decreased due to lockdowns across major countries in the world. The global colour concentrates market is segmented b...