Masterbatch Market 2030 | Opportunity Analysis, Size, Share, Growth, Trends, Consumption Status and Industry Analysis
Research Reports
Mar 28, 2022
Masterbatch Market Overview
The advancement in packaging technology is estimated to create options for the masterbatch market share in the forecast period. The market’s report is efficiently analyzed as per MRFR, which provides outlooks for the global markets. The global market is predicted to achieve USD 13,839.3 Million by 2025.
The improvement in manufacturing potential and facilities is predicted to create a promising impetus for the masterbatch market in the forthcoming period. The rising call from the aerospace sector is likely to further create new avenues for progress in the duration of the forecast period.
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Key Players
The flexibility in supply chain operations is projected to advance valuable benefits to the market players in the forecast period. Moreover, the large-scale deployment of online media for sales is estimated to further broaden the horizon for the market’s expansion. The disturbance in the global economic growth is likely to be limited in terms of its topographical coverage and distribution over the forecast period. The leaders in the market are estimated to create opportunities for future expansion from the circumstances created by the pandemic. Market disruption is likely to unlock the hidden potential of the market in the future. The emphasis on high-revenue innovation investments is likely to develop in the coming months. The extensive investment in several businesses in the market and operational technology competencies are naturally progressing towards digital tools and are developing new proficiencies required to reveal additional resources of long-term worth. The government push in several national markets is estimated to gain momentum in the upcoming period.
The prominent companies in the masterbatch market are DongGuan HengCai Plastic Pigment Ltd (China), GCR Group (Spain), POLYPLAST (Germany), Plastiblends (India), Clariant (Switzerland), PolyOne (US), RTP Company (US), Astra Polymers (Saudi Arabia), ALOK (India), Plastika Kritis SA (Greece), Americhem Inc (US), Ampacet corporation (US), Schulman Inc (US), Prayag Polytech (India), Cabot Corporation (US), Hubron International (UK), Tosaf (Israel), and GABRIEL-CHEMIE Group (Austria).
Masterbatch Market Segmentation
The segmental assessment of the masterbatch market is carried out on the basis of type, applications, and region. The applications segment of the masterbatch market consists of automotive, electrical & electronics, building & construction, packaging, and consumer products. The regions segment of the masterbatch market consists of Asia Pacific, Europe, South America, Africa, the Middle East, and North America. The type segment of the masterbatch market consists of color, black, white, and additive.
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Regional Classification
The regional investigation of the masterbatch market consists of Asia Pacific, Europe, South America, Africa, the Middle East, and North America. The Asia Pacific masterbatch market has persisted in the lead position due to various polyethylene types that are obtaining traction in the region, some of which consist of linear low-density polyethylene, low-density polyethylene, and high-density polyethylene. Polyethylene’s rising use as a carrier polymer in the packaging, building & construction, and automotive in the region has aided in fostering the Asia Pacific masterbatch market share. The European regional market has taken the following lead in the international market. It is principally segmented into national markets such as Italy, France, Germany, UK, and Russia. Germany is one of the largest manufacturing hubs globally and is estimated to observe steady development in production amenities, which has achieved the surging demand for the masterbatch market. The North American regional market proves a strong growth capacity and can gain a progress rate of over 6.0% to achieve USD 3,000 million by 2025. Because of the high industrialization degree, increasing uptake of consumer advantages, and wide-ranging construction and building activities, the North American region is estimated to be a strong candidate in the global masterbatch market over the forecast period.
Recent Development
Jul 2021 Kandui Industries has presented a thermochromic masterbatch, an additive masterbatch that allows reversible color-changing properties. These masterbatches have an initiation temperature, which helps change the end product’s color. This feature is often used in the coding of fabrics, adding a safety feature to the unique branding. The corporation took about a year to generate the masterbatch. It met a twofold challenge in the product’s formation, tackling the warmth sensitivity of pigments and attaining a lesser pigment particle size.
Jul 2021 Epsilon Carbon (ECPL), India’s important coal tar derivates corporation, has founded India’s first integrated carbon black center located in Karnataka. With a volume of 115,000 tonnes per annum (TPA), the carbon black unit has effectively custom-built its operations and is by now running near to its full volume. The combined facility creates both tread and carcass grades of ASTM carbon blacks for non-tyre, tyre rubber, and plastic masterbatch partners worldwide.
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Table of Content
1 Executive Summary
2 Market Introduction
2.1 Definition 20
2.2 Scope Of The Study 20
2.3 List Of Assumptions 21
2.4 Market Structure 21
2.5 Key Takeaways 22
3 Market Insights
4 Research Methodology
4.1 Research Process 28
4.2 Primary Research 29
4.3 Secondary Research 30
4.4 Market Size Estimation 30
4.5 Forecast Model 31
5 Market Dynamics
5.1 Introduction 33
5.2 Drivers 34
5.2.1 Increasing Demand For Plastics In Automotive Industry Due To Stringent Emission Regulations 34
5.2.2 Surging Demand From The Rapidly Growing Packaging Industry 35
5.3 Restraints 35
5.3.1 Problems Pertaining To The Cost And Complexity Of Color Masterbatch 35
5.4 Opportunities 36
5.4.1 Growing Popularity Of Masterbatch As An Efficient Coloring Method 36
5.5 Trends 36
5.5.1 Growing Use Of Plastics As A Potential Replacement For Conventional Materials 36
6 Market Impact Analysis
6.1 Supply Chain Analysis 38
6.1.1 Raw Material 38
6.1.2 Masterbatch Producers 38
6.1.3 Distributors 39
6.1.4 Application 39
6.2 Porter’s Five Forces Model 39
6.2.1 Threat Of New Entrants 40
6.2.2 Threat Of Rivalry 40
6.2.3 Threat Of Substitutes 40
6.2.4 Bargaining Power Of Supplier 40
6.2.5 Bargaining Power Of Buyer 40
7 Global Masterbatch Market, By Type
7.1 Introduction 42
7.2 COLOR 44
7.3 WHITE 45
7.4 BLACK 46
7.5 ADDITIVE 47
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