Masterbatch Market
Global Masterbatch Market Size, Share & Trends Analysis Report by Type (White, Black, Color, Additive, Filler), by Polymer (Polypropylene (PP), Polyethylene (PE), Polyvinyl Chloride (PVC), Polyurethane (PU), Polyethylene Terephthalate (PET), Others), and by Application (Packaging, Automotive, Consumer Goods, Building & Construction, Textile, and Others) Forecast Period (2022-2028)
The global masterbatch market is anticipated to grow at a considerable CAGR of 4.1% during the forecast period. Masterbatch is a mixture of solid or liquid pigments that are used for coloring and increasing properties of polymers, which include flame retardation, antilocking, stabilizing, and antistatic. It can be used in various technological methods such as spinning, injection, and blow. Rising applications of masterbatch across several industries, such as packaging, agriculture, consumer goods, and automobile, is propelling the growth of global masterbatch market.
Impact of COVID-19 Pandemic on Global Masterbatch Market
All companies were closed and production in industries was temporarily stopped due to COVID-19 and resulted in decline of masterbatch demand. During COVID-19 pandemic masterbatch market witnessed the downfall globally due to shutdown in production and decreased demand of finished products.
Segmental Outlook
The global masterbatch market is segmented based on the type, polymer, and application. Based on the type, the market is segmented into white, black, color, additive, and filler. Based on the polymer, the market is sub-segmented into Polypropylene (PP), Polyethylene (PE), Polyvinyl Chloride (PVC), Polyurethane (PU), Polyethylene Terephthalate (PET), Others. Further, on the basis of application, the market is sub-segmented into packaging, automotive, consumer goods, building & construction, textile, and others. Among the application segment is expected to cater considerable growth over the forecast period, owing to the need for packaging across several industries, such as food & beverages, personal care, medical, household, electrical, and automotive. The emerging countries such as India and China are establishing the infrastructure through the utilization of masterbatch in the building and construction application.
Global Masterbatch Market Share by Type, 2021 (%)
The Color Sub-Segment is Expected to Hold Prominent Share in the Global Masterbatch Market
The color segment is expected to project the market growth during the forecast period. This is due to the increasing use of color masterbatch in different applications, such as automotive, packaging, agriculture and textile.Rising demand for black masterbatches in construction industry is also driving the growth of market. For instance, in November 2020, Cabot Corporation announced the launch of PLASBLAK XP6801D black masterbatch, a unique styrene acrylonitrile (SAN)-based formulation that meets the needs of the styrenics market without the usual trade-off between color and mechanical properties. PLASBLAK XP6801D black masterbatch enables excellent color performance, mechanical properties and UV resistance at a lower masterbatch concentration.
Regional Outlooks
The global masterbatch market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East &Africa, and Latin America). The market can be analyzed for particular region or country level as per the requirement. The increasing demand for polymers that are used to differentiate the products have led to the high demand for masterbatch in European region.
Global Masterbatch Market Growth, by Region 2022-2028
The Asia-Pacific Region is expected to Hold Prominent Share in the Global Masterbatch Market
Asia-Pacific registers a significant share in the global masterbatch market due to the increasing demand for masterbatch in the packaging industry and rises in construction sector in emerging economies of the region, particularly China and India. The extensive use of masterbatch in packaging industry is growing the market in Asia-Pacific region. For instance, in June 2021, Graphene Limited announced the release of a new masterbatch product designed for blending with a range of thermoplastic materials to enhance the mechanical and thermal properties. PureGRAPH MB-LDPE is a graphene-loaded low-density polyethylene (LDPE) masterbatch. It is provided in chip (pelletised) form and utilises First Graphene’s few-layer, high-performing PureGRAPH additives.
Market Players Outlook
The major companies serving the global masterbatch market include BASF SE, Clariant International Ltd., LyondellBasell Industries Holdings B.V., The Dow Chemical Co., Universal Masterbatch LLP, and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. Clariant International Ltd. has a wide range of product portfolio; with which it serves innovative products to a wide range of end customers, such as automotive, agriculture, and packaging.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global masterbatch market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on the Global Masterbatch Market
• Recovery Scenario of Global Masterbatch Market
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. BY Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.2. BASF SE
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. Clariant International Ltd.
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. LyondellBasell Industries Holdings B.V.
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. The Dow Chemical Co.
3.5.1. Overview
3.5.2. Financial Analysis
3.5.3. SWOT Analysis
3.5.4. Recent Developments
3.6. Universal Masterbatch LLP
3.6.1. Overview
3.6.2. Financial Analysis
3.6.3. SWOT Analysis
3.6.4. Recent Developments
3.7. Key Strategy Analysis
3.8. Impact of Covid-19 on Key Players
4. Market Segmentation
4.1. Global Masterbatch Market by Type
4.1.1. White
4.1.2. Black
4.1.3. Color
4.1.4. Additive
4.1.5. Filler
4.2. Global Masterbatch Market by Polymer
4.2.1. Polypropylene (PP)
4.2.2. Polyethylene (PE)
4.2.3. Polyvinyl Chloride (PVC)
4.2.4. Polyurethane (PU)
4.2.5. Polyethylene Terephthalate (PET)
4.2.6. Others (Polystyrene, Polycarbonate, and Polyamide)
4.3. Global Masterbatch Market by Application
4.3.1. Packaging
4.3.2. Building & construction
4.3.3. Automotive
4.3.4. Consumer Goods
4.3.5. Textile
4.3.6. Others (Agriculture and Household)
5. Regional Analysis
5.1. North America
5.1.1. US
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Americhem
6.2. Ampacet Corp.
6.3. Avient Corp
6.4. Cabot Corp
6.5. Coperion GmbH
6.6. Hubron International (OBG Pharmaceuticals Ltd)
6.7. Ingenia Polymers Corp.
6.8. Jiangsu Pulaike Hongmei Masterbatch Co., Ltd.
6.9. Penn Color Inc.
6.10. Plastiblends India Ltd.
6.11. PLASTIKA KRITIS S.A.
6.12. PMC Group, Inc.
6.13. Polyplast Müller GmbH
6.14. Prayag Polytech
6.15. RTP Co.
6.16. Soltex Petroproducts Ltd.
6.17. Teknor Apex Co., Inc.
6.18. Tosaf Group
6.19. Uniform Color Co.
1. GLOBAL MASTERBATCH MARKET RESEARCH AND ANALYSIS BY TYPE, 2018-2025 ($ MILLION)
2. GLOBAL WHITE MASTERBATCH MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
3. GLOBAL BLACK MASTERBATCH MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
4. GLOBAL COLOR MASTERBATCH MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
5. GLOBAL ADDITIVE MASTERBATCH MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
6. GLOBAL FILLER MASTERBATCH MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
7. GLOBAL MASTERBATCH MARKET RESEARCH AND ANALYSIS BY POLYMER, 2018-2025 ($ MILLION)
8. GLOBAL POLYPROPYLENE MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
9. GLOBAL POLYETHYLENE MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
10. GLOBAL POLYVINYL CHLORIDE MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
11. GLOBAL POLYURETHANE MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
12. GLOBAL POLYETHYLENE TEREPHTHALATE MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
13. GLOBAL OTHER POLYMERS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
14. GLOBAL MASTERBATCH MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)
15. GLOBAL PACKAGING MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
16. GLOBAL BUILDING & CONSTRUCTION MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
17. GLOBAL AUTOMOTIVE MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
18. GLOBAL CONSUMER GOODS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
19. GLOBAL TEXTILE MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
20. GLOBAL OTHER APPLICATIONS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
21. GLOBAL MASTERBATCH MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2018-2025 ($ MILLION)
22. NORTH AMERICA MASTERBATCH MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
23. NORTH AMERICAN MASTERBATCH MARKET RESEARCH AND ANALYSIS BY TYPE, 2018-2025 ($ MILLION)
24. NORTH AMERICAN MASTERBATCH MARKET RESEARCH AND ANALYSIS BY POLYMER, 2018-2025 ($ MILLION)
25. NORTH AMERICAN MASTERBATCH MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)
26. EUROPEAN MASTERBATCH MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
27. EUROPEAN MASTERBATCH MARKET RESEARCH AND ANALYSIS BY TYPE, 2018-2025 ($ MILLION)
28. EUROPEAN MASTERBATCH MARKET RESEARCH AND ANALYSIS BY POLYMER, 2018-2025 ($ MILLION)
29. EUROPEAN MASTERBATCH MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)
30. ASIA-PACIFIC MASTERBATCH MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
31. ASIA-PACIFIC MASTERBATCH MARKET RESEARCH AND ANALYSIS BY TYPE, 2018-2025 ($ MILLION)
32. ASIA-PACIFIC MASTERBATCH MARKET RESEARCH AND ANALYSIS BY POLYMER, 2018-2025 ($ MILLION)
33. ASIA-PACIFIC MASTERBATCH MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)
34. REST OF THE WORLD MASTERBATCH MARKET RESEARCH AND ANALYSIS BY TYPE, 2018-2025 ($ MILLION)
35. REST OF THE WORLD MASTERBATCH MARKET RESEARCH AND ANALYSIS BY POLYMER, 2018-2025 ($ MILLION)
36. REST OF THE WORLD MASTERBATCH MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)
1. GLOBAL MASTERBATCH MARKET SHARE BY TYPE, 2018 VS 2025 (%)
2. GLOBAL MASTERBATCH MARKET SHARE BY POLYMER, 2018 VS 2025 (%)
3. GLOBAL MASTERBATCH MARKET SHARE BY APPLICATION, 2018 VS 2025 (%)
4. GLOBAL MASTERBATCH MARKET SHARE BY GEOGRAPHY, 2018 VS 2025 (%)
5. US MASTERBATCH MARKET SIZE, 2018-2025 ($ MILLION)
6. CANADA MASTERBATCH MARKET SIZE, 2018-2025 ($ MILLION)
7. UK MASTERBATCH MARKET SIZE, 2018-2025 ($ MILLION)
8. FRANCE MASTERBATCH MARKET SIZE, 2018-2025 ($ MILLION)
9. GERMANY MASTERBATCH MARKET SIZE, 2018-2025 ($ MILLION)
10. ITALY MASTERBATCH MARKET SIZE, 2018-2025 ($ MILLION)
11. SPAIN MASTERBATCH MARKET SIZE, 2018-2025 ($ MILLION)
12. ROE MASTERBATCH MARKET SIZE, 2018-2025 ($ MILLION)
13. INDIA MASTERBATCH MARKET SIZE, 2018-2025 ($ MILLION)
14. CHINA MASTERBATCH MARKET SIZE, 2018-2025 ($ MILLION)
15. JAPAN MASTERBATCH MARKET SIZE, 2018-2025 ($ MILLION)
16. REST OF ASIA-PACIFIC MASTERBATCH MARKET SIZE, 2018-2025 ($ MILLION)
17. REST OF THE WORLD MASTERBATCH MARKET SIZE, 2018-2025 ($ MILLION)
