New Europlas white masterbatch - the trend of plastic manufacturing

Why people say masterbatch become a trend in the plastic industry? Why can EuP affirm their leading position? White masterbatch has become a "makeup" item that effectively supports to plastic products, due to them plastic household items becoming more eye-catching and more attractive. And white masterbatch is gradually becoming a "tool" of the country's economy.

The path of growth of white masterbatch in the market of 90 million people 

White masterbatch is currently in the top growth compared with other exports of Vietnam’s market. With the growth of up to 145.3% in volume and 93% in revenue of this material is getting the attention of many manufacturers, more and more businesses want to jump into this delicious "pie". Although the quantities and revenue of white masterbatch increased sharply, however when compared with the export of raw materials, it was significantly reduced by 21% over the same period and reached only 956.3 USD / ton.

What are the potential markets that manufacturers are interested in exporting white masterbatch?

The white masterbatch products produced in Vietnam are currently exported mainly to the Chinese market (increase up to 463% over the same period last year, touch the point of 36,095 tons and revenue also increased 397.6%, equivalent to 294, however the export price is considered to be the cheapest compared to other markets with US $ 834.1 per tonne). It is easy to see that because China is our neighbor country and with a very strong manufacturing industry, so that it’s understandable that Vietnamese white masterbatch exported to this market is very large. Behind the Chinese market, color masterbatch continues to be exported to neighboring countries like Indonesia with an output of 21,395 tons (US $ 32.6 million). ), followed by the Indian market, in addition, we also exported to Thailand at 10,215 tons. In addition to, Japanese market has a significant decrease than last year when the export volume reached 12 157 tonnes only. These figures are clear evidence that the export markets of the color batch are extremely busy and very rapid growth in a short time.

What are the fluctuations threatening to white masterbatch?

White masterbatch exports to other countries often have strong changes, such as when exported to Thailand, production decreased 8.7% compared to the previous year. And the Indian market has risen sharply (13% over the same period last year). Particularly in Korean market, output, revenue and prices all increased sharply: Prices increased by 26.4%, reaching 1,821.4 USD / ton; production increased by 83.1% to 5,259 tons and revenue increased by 131.5% to USD 9.58 million.

Be cautioned, when exporting Vietnamese products to small and medium markets, both output and revenue increased significantly compared to the same period last year, and export prices also increased steadily in most these markets, showing that Vietnamese white masterbatch is gradually showing their good role and occupy an important position in production and export to your country.