Oxygen Scavenger Masterbatch Market 2020 | Industry overview, Supply, Demand Analysis and forecast 2027 | Clariant AG, Albis Plastic GmbH, Henkel AG & Co., KGaA

Oxygen Scavenger Masterbatch preserves the perishable items by reducing the amount of O2 present in the plastic bags used the packaging of those items. It is widely used for packaging application to absorb the oxygen amount to enhance longevity of packaged products. Oxygen scavenger masterbatch helps in keeping the freshness, colour of the items, and odour in control. The presence of O2 in the packaged food has been noted to affect the quality of the perishable products. The value of the market was marked as USD 18.2 million in 2018 and is forecast to reach USD 32 million by 2027 at the CAGR of 7.3% over the forecast period.

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Market Drivers
The expansion of the market can be attributed to the high demand of dairy products and increased meat consumption, leading to increased focus on smart packaging. Changing consumer food preferences and the growing demand for disruptive, tangible, and recurring food packaging will positively impact the market demand by 2027. Another important aspect of growth is the development of new technologies in the food and beverage packaging industry worldwide.

Key participants include Clariant AG, Albis Plastic GmbH, Henkel AG & Co., KGaA, Gabriel-Chemie Gesellschaft GmbH, NanoBioMatters Industries S.L, Tosaf Inc., PolyOne Corporation, Mitsubishi Gas Chemical Company, Inc., CSP Technologies, Inc., Sealed Air Corporation, Mondi Plc, and Berry Global, Inc.

For the purpose of this report, Reports and Data has segmented the Oxygen Scavenger Masterbatch market on the basis of product, application, end-use, and region:

Product (Revenue, USD Million; Volume in Kilo Tons, 2016–2026)
• Organic Oxygen Scavenger Masterbatch
• Inorganic Oxygen Scavenger Masterbatch

Application (Revenue, USD Million; Volume in Kilo Tons, 2016–2026)
• Flexible Packaging
• Rigid Packaging

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End-Use (Revenue, USD Million; Volume in Kilo Tons, 2016–2026)
• Meat, Poultry & Fish
• Snacks & Confectionaries
• Fruits & Vegetables
• Dairy Products
• Alcoholic Beverages
• Others

Regional Analysis
The regional analysis of the market is distributed amongst the Latin America, Asia Pacific, Middle East and Africa, Europe and North America. North America witnessed a significant growth the 2018 and is forecast to be the dominating the market revenue share over 2017-2027. Asia Pacific and Europe are also estimated to show a notable growth in the upcoming years.

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Summary of the Report:
• The report offers a growth estimate for 8 years along with a forecast for market valuation
• A thorough qualitative and quantitative analysis of the Global Oxygen Scavenger Masterbatch Market
• Advanced analytical tools such as SWOT analysis and Porter’s Five Forces analysis along with feasibility analysis and investment return analysis
• Comprehensive study of the prominent players engaged in the market along with their product portfolio and business expansion strategies
• Strategic recommendations for new entrants and established players
• Extensive analysis of drivers, restraints, limitations, growth prospects and opportunities, and threats
• In-depth regional analysis to offer a panoramic view of the Oxygen Scavenger Masterbatch market along with a better understanding of the market’s competitive scenario

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