Masterbatch Market Trend Is Projected To Continue Over The Forecast Period

 Masterbatch Industry Overview

The global masterbatch market size was valued at USD 5.60 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 6.3% from 2022 to 2030. The replacement of metal with plastics in the end-use industries including automotive and transportation, building and construction, consumer goods, and packaging is expected to be a key factor driving the global market over the forecast period. The product is available in solid and liquid forms and is used for imparting color and enhancing useful properties of polymers such as antistatic, antifog, antilocking, UV stabilizing, and flame retardation. Various types of carrier polymers such as polypropylene, polyethylene, polyvinyl chloride, and polyethylene terephthalate are preferred along with the product for use in injection molding and extrusion processes.

 

The U.S. market size was valued at USD 877.38 million in 2021. The rising demand from the packaging industry in the U.S. is expected to boost market growth. There has been considerable growth in the packaging market in the U.S. on account of growth in the e-commerce business. The consumer goods manufacturers are providing attractive product packaging to attract a large number of customers to boost sales of their products. Different types of masterbatch are used in combination with polymers to make attractive packaging, which is projected to increase the product demand over the forecast period.

Gather more insights about the market drivers, restrains and growth of the Global Masterbatch market



The increasing focus on the use of plastic in the automotive industry to reduce the vehicle weight and thereby improve the fuel efficiency is driving the demand for different types of plastic that use the product for imparting functional properties. The emerging economies of the Asia Pacific such as China, India, and Japan have witnessed an increase in automobile production activities. This is further expected to boost the demand for plastic components in the region over the forecast period. However, stringent environmental regulations related to the nonbiodegradability of plastics pose a challenge to the market as such regulations affect the adoption rate of plastics, which, in turn, has implications on the demand for the product.


Browse through Grand View Research's Paints, Coatings & Printing Industry Research Reports.

  • Silicone Additives Market - The global silicone additives market is poised to witness significant growth during the forecast period. Growing demand for the product in the manufacturing of plastics & composites for electronics, appliances, automotive components, medical equipment, among others is likely to propel the market over the forecast period.

  • Ink Additives Market - The global ink additives market is projected to witness considerable growth during the forecast period owing to increasing demand from the packaging industry. Additives improve the performance, color, appearance, finish, printability, three-dimensional effect, and adhesion of ink.

Masterbatch Market Segmentation

Grand View Research has segmented the global masterbatch market on the basis of type, carrier polymer, end-use, and region:

Masterbatch Type Outlook (Volume, Kilotons; Revenue, USD Million, 2019 - 2030)

  • White
  • Black
  • Color
  • Additive
  • Filler

Masterbatch Carrier Polymer Outlook (Volume, Kilotons; Revenue, USD Million, 2019 - 2030)

  • Polypropylene (PP)
  • Polyethylene (PE)
  • Polyvinyl Chloride (PVC)
  • Polyethylene Terephthalate (PET)
  • Biodegradable Plastics
  • Others

Masterbatch End-use Outlook (Volume, Kilotons; Revenue, USD Million, 2019 - 2030)

  • Packaging
  • Building & Construction
  • Consumer Goods
  • Automotive & Transportation
  • Agriculture
  • Others

Masterbatch Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2019 - 2030)

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa (MEA)


Key Companies profiled:
Some prominent players in the global masterbatch market include:

  • Schulman, Inc.
  • Ampacet Corporation
  • Cabot Corporation
  • Clariant AG
  • Hubron International Ltd.
  • Penn Color, Inc.
  • Plastiblends India Ltd.
  • Global Colors Group
  • PolyOne Corporation
  • Tosaf Group


Order a free sample PDF of the Masterbatch Market Intelligence Study, published by Grand View Research.

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

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