Masterbatch Market Trends

  • Report ID: 5154
  • Published Date: Oct 14, 2024
  • Report Format: PDF, PPT

Global Masterbatch Market TOC

 

  1. An Introduction to the Research Study
    1. Preface
    2. Market Taxonomy
    3. Definition of the Market and the Segments
    4. Acronyms and Assumptions
  2. The Research Procedure
    1. Sources of Data
      1. Secondary
      2. Primary
        1. Manufacturer Front
        2. Supplier/Distributor Front
        3. End user front
    2. Calculation and Derivation of Market Size
      1. Top-down approach
      2. Bottom-up approach
  3. Recommendation by Analyst for C-Level Executives
  4. An Abstract of the Report
  5. Evaluation of Market Fluctuations and Outlook
    1. Market Growth Drivers
    2. Market Growth Deflation
    3. Market Trends
      1. End user based
      2. Product based
  6. Fundamental Market Prospects
  7. Decarbonization Strategy and Carbon Credit Benefits for Market Players
  8. Regulation & Standards Landscape
  9. Economic Outlook: US, Europe
  10. Industry Value Chain Analysis
  11. Impact of COVID-19 on the Global Masterbatch Market
  12. Recent Trends in the Masterbatch Market
  13. Pricing Analysis
  14. End-use Analysis
  15. Global Masterbatch Market Outlook & Projections, Opportunity Assessment, 2023-2036
    1. Market Overview
    2. Market Revenue by Value (USD Million) and Compound Annual Growth Rate (CAGR)
    3. Market Segmentation Analysis 2023-2036
      1. By Product
        1. Color, Market Value (USD million), CAGR, 2023-2036F
        2. White, Market Value (USD million), CAGR, 2023-2036F
        3. Black, Market Value (USD million), CAGR, 2023-2036F
        4. Additives, Market Value (USD million), CAGR, 2023-2036F
        5. Others, Market Value (USD million), CAGR, 2023-2036F
      2. By Carrier Polymer
        1. Polypropylene (PP), Market Value (USD million), CAGR, 2023-2036F
        2. LDPE & LLDPE, Market Value (USD million), CAGR, 2023-2036F
        3. HDPE, Market Value (USD million), CAGR, 2023-2036F
        4. Polyvinyl Chloride (PVC), Market Value (USD million), CAGR, 2023-2036F
        5. Polyethylene Terephthalate (PET), Market Value (USD million), CAGR, 2023-2036F
        6. Polyurethane (PUR), Market Value (USD million), CAGR, 2023-2036F
        7. Polystyrene (PS), Market Value (USD million), CAGR, 2023-2036F
        8. Others, Market Value (USD million), CAGR, 2023-2036F
      3. By End-user
        1. Packaging, Market Value (USD million), CAGR, 2023-2036F
        2. Building & Construction, Market Value (USD million), CAGR, 2023-2036F
        3. Consumer Goods, Market Value (USD million), CAGR, 2023-2036F
        4. Automotive, Market Value (USD million), CAGR, 2023-2036F
        5. Agriculture, Market Value (USD million), CAGR, 2023-2036F
        6. Petrochemicals, Market Value (USD million), CAGR, 2023-2036F
        7. Others, Market Value (USD million), CAGR, 2023-2036F
      4. By Region
        1. North America, Market Value (USD million), CAGR, 2023-2036F
        2. Asia Pacific, Market Value (USD million), CAGR, 2023-2036F
        3. Europe, Market Value (USD million), CAGR, 2023-2036F
        4. Latin America, Market Value (USD million), CAGR, 2023-2036F
        5. Middle East & Africa, Market Value (USD million), CAGR, 2023-2036F
  16. North America Masterbatch Market Outlook & Projections, Opportunity Assessment, 2023-2036
    1. Market Overview
    2. Market Revenue by Value (USD Million) and Compound Annual Growth Rate (CAGR)
    3. Market Segmentation Analysis 2023-2036
      1. By Product
        1. Color, Market Value (USD million), CAGR, 2023-2036F
        2. White, Market Value (USD million), CAGR, 2023-2036F
        3. Black, Market Value (USD million), CAGR, 2023-2036F
        4. Additives, Market Value (USD million), CAGR, 2023-2036F
        5. Others, Market Value (USD million), CAGR, 2023-2036F
      2. By Carrier Polymer
        1. Polypropylene (PP), Market Value (USD million), CAGR, 2023-2036F
        2. LDPE & LLDPE, Market Value (USD million), CAGR, 2023-2036F
        3. HDPE, Market Value (USD million), CAGR, 2023-2036F
        4. Polyvinyl Chloride (PVC), Market Value (USD million), CAGR, 2023-2036F
        5. Polyethylene Terephthalate (PET), Market Value (USD million), CAGR, 2023-2036F
        6. Polyurethane (PUR), Market Value (USD million), CAGR, 2023-2036F
        7. Polystyrene (PS), Market Value (USD million), CAGR, 2023-2036F
        8. Others, Market Value (USD million), CAGR, 2023-2036F
      3. By End-user
        1. Packaging, Market Value (USD million), CAGR, 2023-2036F
        2. Building & Construction, Market Value (USD million), CAGR, 2023-2036F
        3. Consumer Goods, Market Value (USD million), CAGR, 2023-2036F
        4. Automotive, Market Value (USD million), CAGR, 2023-2036F
        5. Agriculture, Market Value (USD million), CAGR, 2023-2036F
        6. Petrochemicals, Market Value (USD million), CAGR, 2023-2036F
        7. Others, Market Value (USD million), CAGR, 2023-2036F
      4. By Country
        1. US, Market Value (USD million), CAGR, 2023-2036F
        2. Canada, Market Value (USD million), CAGR, 2023-2036F
  17. Asia Pacific Masterbatch Market Outlook & Projections, Opportunity Assessment, 2023-2036
    1. Market Overview
    2. Market Revenue by Value (USD Million) and Compound Annual Growth Rate (CAGR)
    3. Market Segmentation Analysis 2023-2036
      1. By Product
      2. By Carrier Polymer
      3. By End-user
      4. By Country
        1. China, Market Value (USD million), CAGR, 2023-2036F
        2. Japan, Market Value (USD million), CAGR, 2023-2036F
        3. India, Market Value (USD million), CAGR, 2023-2036F
        4. South Korea, Market Value (USD million), CAGR, 2023-2036F
        5. Australia, Market Value (USD million), CAGR, 2023-2036F
        6. Singapore, Market Value (USD million), CAGR, 2023-2036F
        7. Rest of Asia Pacific, Market Value (USD million), CAGR, 2023-2036F
  18. Europe Masterbatch Market Outlook & Projections, Opportunity Assessment, 2023-2036
    1. Market Overview
    2. Market Revenue by Value (USD Million) and Compound Annual Growth Rate (CAGR)
    3. Market Segmentation Analysis 2023-2036
      1. By Product
      2. By Carrier Polymer
      3. By End-user
      4. By Country
        1. Germany, Market Value (USD million), CAGR, 2023-2036F
        2. UK, Market Value (USD million), CAGR, 2023-2036F
        3. France, Market Value (USD million), CAGR, 2023-2036F
        4. Italy, Market Value (USD million), CAGR, 2023-2036F
        5. Spain, Market Value (USD million), CAGR, 2023-2036F
        6. Russia, Market Value (USD million), CAGR, 2023-2036F
        7. Netherlands, Market Value (USD million), CAGR, 2023-2036F
        8. Rest of Europe, Market Value (USD million), CAGR, 2023-2036F

 

  1. Latin America Masterbatch Market Outlook & Projections, Opportunity Assessment, 2023-2036
    1. Market Overview
    2. Market Revenue by Value (USD Million) and Compound Annual Growth Rate (CAGR)
    3. Market Segmentation Analysis 2023-2036
      1. By Product
      2. By Carrier Polymer
      3. By End-user
      4. By Country
        1. Brazil, Market Value (USD million), CAGR, 2023-2036F
        2. Argentina, Market Value (USD million), CAGR, 2023-2036F
        3. Mexico, Market Value (USD million), CAGR, 2023-2036F
        4. Rest of Latin America, Market Value (USD million), CAGR, 2023-2036F
  2. Middle East & Africa Masterbatch Market Outlook & Projections, Opportunity Assessment, 2023-2036
    1. Market Overview
    2. Market Revenue by Value (USD Million) and Compound Annual Growth Rate (CAGR)
    3. Market Segmentation Analysis 2023-2036
      1. By Product
      2. By Carrier Polymer
      3. By End-user
      4. By Country
        1. GCC, Market Value (USD million), CAGR, 2023-2036F
        2. Israel, Market Value (USD million), CAGR, 2023-2036F
        3. South Africa, Market Value (USD million), CAGR, 2023-2036F
        4. Middle East & Africa, Market Value (USD million), CAGR, 2023-2036F
  3. Comprehensive Analysis of Leading Players in the Market
    1. Market share of Key Competitors in the Market, (%) 2022
    2. Benchmarking of the Competitors
    3. Competitor Cost Advantage Analysis
    4. Profile of the Major Vendors
      1. LyondellBasell Industries Holdings B.V.
      2. Avient Corporation
      3. Ampacet Corporation
      4. Cabot Corporation
      5. Plastika Kritis S.A.
      6. Plastiblends
      7. Hubron International
      8. Tosaf Inc.
      9. Penn Color Inc.
      10. Astra Polymers
      11. Americhem
      12. Gabriel-Chemie Gesellschaft m.b.H.
      13. Coperion GmbH
      14. TREFFERT GMBH & CO. KG
      15. Ingenia Polymers Corp.

 

Masterbatch Market Trends

Growth Drivers

  • Increasing Adoption in Automotive Industry – The increasing focus on replacing metal with plastic in the automotive industry to reduce vehicle weight and thereby improve fuel efficiency is driving the demand for a variety of plastics that use the masterbatch for imparting several functional properties. According to the International Energy Agency statistics, electric car sales reached a record high in 2021, despite the restrictions imposed due to the COVID-19 pandemic. The electric car sales globally amounted to nearly 6.6 million in 2021, which was double the total sales recorded in 2020. Besides, according to the International Organization of Motor Vehicle Manufacturers (OICA), 80,145,988 automobiles were manufactured in 2021, and 77,621,582 were manufactured in 2020.
  • Rising Demand for Biodegradable Masterbatches – The threat posed by plastics to the environment has given way to the use of biodegradable masterbatches. Today’s consumers are demanding that polymers used in manufacturing be biodegradable plastics and compostable. The government is also pushing corporates and manufacturers, especially those in the plastics industry towards sustainability and renewability of their offerings and execute initiatives to reduce their carbon footprint. For instance, according to the International Trade Council, Saudi Arabia released regulations requiring manufacturers, brand owners, and importers to prove that their plastic products are oxo-biodegradable, by using a masterbatch during the manufacturing of their products which has been approved by SASO (Saudi Standards, Metrology and Quality Organisation). The legislation ensures that plastic products made with d2w technology will not be an environmental nuisance.
  • Cost Benefit of Masterbatches- When opposed to employing pure pigments or additives, masterbatches provide more cost-effective alternatives. They allow for the efficient dispersion of additives, colorants, and other functional components in finished products, resulting in improved performance and cost savings for manufacturers.

Challenges

  • Fluctuation in Raw Material Prices - Since polymers are crude oil derivatives, their prices are as unpredictable as the prices of crude oil. The prices of key raw materials such as polymers and other chemicals namely titanium dioxide, are highly volatile owing to the fluctuations in demand. Crude oil production by the Organization of the Petroleum Exporting Countries (OPEC) is an important factor that affects oil prices. The frequent changes in crude oil prices may negatively impact the market growth.
  • Availability of low-quality and cheaper products
  • Supply chain disruption due to war & other external factors

Masterbatch Market: Key Insights

Base Year

2024

Forecast Year

2025-2037

CAGR

5.9%

Base Year Market Size (2024)

USD 14.82 billion

Forecast Year Market Size (2037)

USD 30.73 billion

Regional Scope

  • North America (U.S., and Canada)
  • Asia-Pacific (Japan, China, India, Singapore, South Korea, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, Netherlands, Rest of Europe)
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America)
  • Middle East and Africa (GCC, Israel, South Africa, Rest of Middle East and Africa)

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Browse Key Market Insights with Data Illustration:


Author Credits:  Rajrani Baghel


  • Report ID: 5154
  • Published Date: Oct 14, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of masterbatch is assessed at USD 15.51 billion.

The masterbatch market size was valued at USD 14.82 billion in 2024 and is set to reach USD 30.73 billion by the end of 2037, registering around 5.9% CAGR during the forecast period i.e., between 2025-2037. The high preference for masterbatches as a coloring method and increasing adoption in the automotive industry will boost the market growth.

Asia Pacific is poised to witness 6% growth rate till 2037, due to numerous factors such as the surge in population, easy availability of raw materials, rising adoption of innovative technologies, and low cost of labor.

The major players in the market include LyondellBasell Industries Holdings B.V., Avient Corporation, Ampacet Corporation, Cabot Corporation, Plastika Kritis S.A., Plastiblends, Hubron International, Tosaf Inc., Penn Color Inc., Astra Polymers, Americhem, Gabriel-Chemie Gesellschaft m.b.H., Coperion GmbH, TREFFERT GMBH & CO. KG, Ingenia Polymers Corp.
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