The “Masterbatch Market” report gives a massive source to analyze the industry and other fundamental technicalities identifying with it. The examination discloses the total assessment and veritable parts of the Masterbatch Market. This study exhibits a straightforward outline of the industry, that integrates applications, blueprints, industry chain structure, and definitions. This report prepares a case for investments in different regions based on a practical view of their regulatory outline, manufacturing dynamics, and availability of skills and resources in that region.
The global masterbatch market size is expected to value
at USD 15.81 billion by 2025, during the forecast period. The market is subject
to witness a substantial growth due to the rise in the demand for plastics to
substitute metal in end-user industries such as automobile, construction,
consumer’s goods, and packaging. Additionally, rise in the demand from various
regions across the globe are key factors responsible for the growth of the
market in recent years. Color masterbatch is one of the fastest growing segment
with substantial revenue generation in recent years. Globally, the market is
predicted to grow at CAGR of 6.6% in forecast period, providing numerous
opportunity for market players to invest for research and development in the
masterbatch market.
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Rising demand associated with enhancement in the surface
appearance of plastic components in various industries is anticipated to boost
demand of the masterbatch market over the forecast period. Additive masterbatch
is considered as one of the fastest growing segment due to vital properties
associated with its adoption that include antistatic, anti-foaming, anti-oxidant,
antimicrobial, thermal stabilizer, and barrier properties. Other important
properties such as metal deactivators, anti-blocking agent, flame deterrence,
ultra-violet stabilizer, oxygen scavenger, and erosion resistance are also
contributing to rising demand of additive masterbatch. With recent advancements
in the plastic packaging sector are expected to propel growth of masterbatch
market over the forecast period.
Masterbatch is important variant in different end-user
industries including packaging sector, construction sector, consumer goods
market, automobile, and crop harvesting. Rising adoption of the masterbatch is
directly related to its functional properties like smoother surface finish and
desired hardness. Rising preference towards packaged goods by consumers is
predicted to impact the need for different plastic products. In such cases,
adoption of masterbatches to enhance overall surface appearance of the plastic
component has become vital. Such factors are tremendously contributing to the
growth of masterbatch industry demand in recent years.
The market is divided into regional market segment such
as North America, Europe, Asia-Pacific, Latin America and Africa. Europe has
shown major growth in recent years owing to the rise adoption of latest
methodologies and existence prominent industry players in the region.
Asia-Pacific region is predicted to hold major market share in the masterbatch
market with massive growth in forecast period.
Countries such as India, China and Singapore are leading
the Asia-Pacific market with increasing growth of packaging industry, consumer
good market, and automobile sectors along with rise in building and
construction activities. The key players in the masterbatch industry are A.
Schulman Incorporations, Ampacet Co., Cabot Co., Clariant AG, Plastiblends
India Limited, and Global Colors Group.
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