Coraplast

What Coraplast does

Coraplast Industries is a privately held Indian manufacturer of plastic masterbatches, established in 2000 as part of the Colourtex Group. The company produces colour, white, black and additive masterbatches for plastics converters serving packaging, fibres and textiles, agriculture, appliances, healthcare, wires and cables, consumer products, and compounds applications. It operates manufacturing facilities in Valsad and Daman, India and in Bursa, Turkey, supported by a sales office in Charlotte, North Carolina, and reports an installed masterbatch production capacity exceeding 125,000 metric tons per year across more than 35 countries.

The underlying technology centres on proprietary screw geometries for high-quality pigment dispersion, a colour library of more than 15,000 shades with RAL and Pantone matching, and digital manufacturing operations that capture process parameters in real time across all production machines. Supporting technical services include a custom colour matching lab, an Application Simulation centre with near-plant process equipment, and a Fiber Excellence Center housing multiple pilot spinning and spunbond lines for textile-grade masterbatch development. The company holds ISO 9001:2015, ISO 14001:2015 and ISO 45001:2018 certifications, an EcoVadis Bronze sustainability rating, and Oeko-Tex Eco Passport certification.

Coraplast runs a B2B direct sales motion targeting enterprise plastics manufacturers through field engagement, a multilingual corporate website in eight languages, and downloadable product technical documentation. Pricing is not publicly disclosed and contracts are negotiated directly. The company is a subsidiary of the Colourtex Group, a diversified Indian conglomerate with over fifty years of operating history in textile dyes and pigments and chaired by Shri Jayantibhai Jariwala; there is no public listing, external institutional investment or venture capital backing evident in available source material.

Name

Coraplast

Legal name

Coraplast Industries

Website

https://coraplast.com

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

11–50 employees

Short description

Coraplast Industries is an Indian subsidiary of the Colourtex Group that manufactures colour, white, black and additive plastic masterbatches for packaging, textile, agriculture, appliance, healthcare, wire and cable, and consumer goods converters, with facilities in India and Turkey and sales coverage across 35+ countries.

Ownership category

akta.pro rank

Headquarters

HQ city

Charlotte

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Masterbatch Products: Manufacturing and sale of colour, white, black and additive masterbatches for plastics industries including packaging, textiles, agriculture, healthcare, appliances, and wires & cables. Custom colour matching services included.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Coraplast Industries manufactures and sells colour, white, black, and additive masterbatches used by plastics converters to colour and functionalize polymers across packaging, fibres and textiles, agriculture, healthcare, appliances, wires and cables, and consumer products. It complements these products with a custom colour matching service (access to 15,000+ shades with RAL/Pantone matching), application simulation, and a dedicated Fiber Excellence Center for textile fibre development. The company runs manufacturing operations in India and Turkey and serves customers in 35+ countries.

Product overview

Coraplast offers a comprehensive portfolio of plastic masterbatch products organized into five core product lines: Colours (colour masterbatches for general plastic applications), Whites (TiO2-based white masterbatches), Blacks (carbon black masterbatches), Additives (functional enhancement masterbatches), and Colours for Fibers (specialized masterbatches for textile applications). The company also provides compounds and masterbatches as single pigment dispersions. Beyond products, Coraplast supports customers through three service offerings: Colour Matching Service (access to 15,000+ shade library with RAL/Pantone matching), Application Simulation (process and material testing capabilities), and Fiber Excellence Center (specialized fiber development with pilot production lines). The portfolio serves diverse industries including packaging, agriculture, healthcare, consumer products, appliances, wires and cables, and fibers and textiles.

Differentiator

Problem solved

Functional benefit

Products and services

• Colours (Colour Masterbatches) Colour masterbatches providing a wide spectrum of shades for plastic products across industries including packaging, consumer goods, and healthcare.
• Whites (White Masterbatches) White masterbatches based on high-quality TiO2 providing whiteness, opacity, and brightness across various plastic applications.
• Blacks (Black Masterbatches) Black masterbatches based on various carbon black combinations providing excellent dispersion and colouring properties for multiple polymer matrices.
• Additives (Additive Masterbatches) Enhancement additive masterbatches including anti-block, antistatic, UV stabilizer, slip, VCI, flame retardant, PPA, anti-fog, scratch resistance, antioxidant, clarifier, desiccant, biodegradable oxide, antibacterial, and fog protection grades for plastics.
• Colours for Fibers Specialized colour masterbatches for textile fibres including polyester, polypropylene, and PA6, featuring spinability, colour fastness, and screen life for microfibre, staple fibre, continuous filament, and spunbond nonwovens.
• Compounds & Masterbatches (Single Pigment Dispersions / Mono-Masterbatches) Single pigment dispersions (SPD) and mono-masterbatches for dust-free handling and excellent dispersion in film and fibre applications.
• Colour Matching Service Custom colour development service offering access to a 15,000+ shade library, quick turnaround, in-lab application testing on pilot lines, and instant RAL or Pantone matching for plastics converters.
• Application Simulation High-precision equipment and process setup for near-plant-like results, with dedicated application experts supporting material processability and product life cycle management.
• Fiber Excellence Center Specialized center for developing dyes and functional additives for all types of textile fibres, filaments, and nonwovens, featuring multiple high-speed spinning pilot lines, spunbond lines, and industry equipment for rapid shade development.

Quantifiable outcome

• 125,000+ metric tons annual masterbatch production capacity
• +3 more outcomes

Segments8 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• Colourtex GroupcoreStrategic or Co-development PartnerCoraplast is part of Colourtex Group, which has been serving the textile industry for more than five decades and is the largest Textile & Leather Dyestuffs Manufacturer in the Indian subcontinent. The group also has diverse interests in Textiles, Pharmaceuticals and Masterbatches. Group Chairman: Shri Jayantibhai Jariwala. Website: www.colourtex.co.in

Scale indicators5 records

Recent moves4 records

Expansion highlights5 records

Direct peers

• Sukano: Swiss specialty masterbatch producer focused on PET and polyolefin colorants including fibres, packaging, and durables. Comparable specialized fiber-and-packaging focus with proprietary colour-matching capability.
• Plastiblends India Ltd. Indian masterbatch manufacturer producing colour, white, black, and additive masterbatches for similar end-use sectors including packaging, textiles, and agriculture. Closest direct Indian-headquartered peer with similar size and product mix.
• Hubron International: UK-based masterbatch manufacturer offering white, black, colour and additive masterbatches to packaging, fibres, and industrial plastics customers. Comparable product breadth and B2B service model.
• Tosaf Group: Israel-based global masterbatch and additive manufacturer serving packaging, fibers, and agricultural plastics. Direct competitor with comparable multi-region manufacturing (Israel, Turkey, China, Europe) and similar customer verticals.
• Ampacet Corporation: One of the world's largest independent masterbatch manufacturers offering colour, white, black, and additive masterbatches across packaging, fibers, and other plastics applications. Directly comparable global product portfolio and B2B sales motion.
• Penn Color: US-headquartered colourant and masterbatch producer supplying plastics, packaging, and fibers. Operates with similar application-lab and colour-matching service capabilities, and serves comparable end markets.

Broad incumbents

• Avient Corporation: US-based specialty polymer materials company with a Color & Additives masterbatch segment serving packaging, healthcare, and industrial applications. Larger, publicly-listed incumbent with overlapping product lines and similar vertical segmentation.
• Cabot Corporation: Major global carbon black and specialty chemicals producer that competes directly in black masterbatches and adjacent specialty additives for plastics and wire & cable applications. Larger publicly-listed incumbent with overlap in core black masterbatch.
• Clariant Masterbatches (Heubach): Historically the global masterbatch leader under Clariant before divestiture to SK Capital/Heubach, serving packaging, healthcare, and durables. A larger incumbent that competes across Coraplast's full vertical and product matrix.

Regional players

• Plastika Masterbatch: Masterbatch producer with a strong presence in the Middle East and Africa serving packaging and industrial plastics. Comparable regional focus in geographies where Coraplast markets aggressively.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Coraplast