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North America Filler Masterbatch Market Size, Share & Trends Analysis Report By Carrier Polymer, By Application (Injection & Blow Molding, Films & Sheets, Tapes, and Others), By End-Use, By Country and Growth Forecast, 2023 - 2030

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    Report

  • 103 Pages
  • March 2024
  • Region: North America
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5949527
The North America Filler Masterbatch Market would witness market growth of 6.5% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 431.46 hundred Tonnes, showcasing a growth of 3.9% (2019-2022).

Filler masterbatches play a crucial role in providing color consistency, UV resistance, and chemical stability to plastic components used in consumer goods manufacturing. Additionally, in the automotive industry, filler masterbatches are utilized in interior and exterior components, including dashboards, panels, and trim, to enhance strength, reduce weight, and improve surface finish. Therefore, the Mexico market will use 1936.9 hundred tonnes of filler masterbatch in consumer goods by 2030.



The US market dominated the North America Filler Masterbatch Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $90,163.8 Thousands by 2030. The Canada market is experiencing a CAGR of 6.8% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 7.5% during (2023 - 2030).

One of the primary uses of filler masterbatch is in the plastics industry, where it acts as a reinforcement agent for polymer matrices. Incorporating fillers such as calcium carbonate, talc, or glass fibers enhances the mechanical properties of plastics. This reinforcement improves tensile strength, modulus, and impact resistance, making it an ideal solution to produce high-strength plastic products. Applications include packaging materials, automotive components, and industrial containers.

Filler masterbatch is pivotal in the coloration and aesthetic enhancement of polymer products. Manufacturers can achieve consistent and vibrant colors by incorporating pigments into the masterbatch, ensuring uniform dispersion throughout the product. This is particularly crucial in industries with significant product aesthetics, such as consumer goods, cosmetics packaging, and household items. Automotive applications benefit significantly from filler masterbatch, especially in producing lightweight yet sturdy components.

E-commerce companies increasingly adopt sustainable practices, including using recyclable packaging materials in North America. E-commerce businesses often seek customized packaging solutions to enhance branding and provide a unique customer experience in North America. Anti-counterfeiting methods are more important in North America due to the increase of counterfeit products, particularly in e-commerce. Hence, the factors mentioned above will drive the regional market growth.

Based on Carrier Polymer, the market is segmented into Polyethylene (PE), and Polypropylene (PP). Based on Application, the market is segmented into Injection & Blow Molding, Films & Sheets, Tapes, and Others. Based on End-Use, the market is segmented into Packaging, Building & Construction, Consumer Goods, Agriculture, Automotive & Transportation, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

  • Alok Masterbatches Pvt. Ltd.
  • PMJ Joint Stock Company
  • Phu Lam Import-Export Co., Ltd
  • ADC Plastic Joint Stock Company (ADC Plastic., JSC)
  • Vinares Vietnam JSC
  • Vietnam Colour Trading and Manufacturing Co., LTD.
  • Pha Le Plastics Manufacturing & Technology Joint Stock Company
  • An Tien Industries JSC (An Phat Holdings JSC)
  • Us Masterbatch Joint Stock Company
  • Plastiblends India Limited (Kolsite Group)

Market Report Segmentation

By Carrier Polymer (Volume, Hundred Tonnes, USD Million, 2019-2030)
  • Polyethylene (PE)
  • Polypropylene (PP)
By Application (Volume, Hundred Tonnes, USD Million, 2019-2030)
  • Injection & Blow Molding
  • Films & Sheets
  • Tapes
  • Others
By End-Use (Volume, Hundred Tonnes, USD Million, 2019-2030)
  • Packaging
  • Building & Construction
  • Consumer Goods
  • Agriculture
  • Automotive & Transportation
  • Others
By Country (Volume, Hundred Tonnes, USD Million, 2019-2030)
  • US
  • Canada
  • Mexico
  • Rest of North America

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Filler Masterbatch Market, by Carrier Polymer
1.4.2 North America Filler Masterbatch Market, by Application
1.4.3 North America Filler Masterbatch Market, by End-Use
1.4.4 North America Filler Masterbatch Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter’s Five Forces Analysis
Chapter 4. North America Filler Masterbatch Market by Carrier Polymer
4.1 North America Polyethylene (PE) Market by Region
4.2 North America Polypropylene (PP) Market by Region
Chapter 5. North America Filler Masterbatch Market by Application
5.1 North America Injection & Blow Molding Market by Country
5.2 North America Films & Sheets Market by Country
5.3 North America Tapes Market by Country
5.4 North America Others Market by Country
Chapter 6. North America Filler Masterbatch Market by End-Use
6.1 North America Packaging Market by Country
6.2 North America Building & Construction Market by Country
6.3 North America Consumer Goods Market by Country
6.4 North America Agriculture Market by Country
6.5 North America Automotive & Transportation Market by Country
6.6 North America Others Market by Country
Chapter 7. North America Filler Masterbatch Market by Country
7.1 US Filler Masterbatch Market
7.1.1 US Filler Masterbatch Market by Carrier Polymer
7.1.2 US Filler Masterbatch Market by Application
7.1.3 US Filler Masterbatch Market by End-Use
7.2 Canada Filler Masterbatch Market
7.2.1 Canada Filler Masterbatch Market by Carrier Polymer
7.2.2 Canada Filler Masterbatch Market by Application
7.2.3 Canada Filler Masterbatch Market by End-Use
7.3 Mexico Filler Masterbatch Market
7.3.1 Mexico Filler Masterbatch Market by Carrier Polymer
7.3.2 Mexico Filler Masterbatch Market by Application
7.3.3 Mexico Filler Masterbatch Market by End-Use
7.4 Rest of North America Filler Masterbatch Market
7.4.1 Rest of North America Filler Masterbatch Market by Carrier Polymer
7.4.2 Rest of North America Filler Masterbatch Market by Application
7.4.3 Rest of North America Filler Masterbatch Market by End-Use
Chapter 8. Company Profiles
8.1 Alok Masterbatches Pvt. Ltd.
8.1.1 Company Overview
8.1.2 Recent strategies and developments:
8.1.2.1 Partnerships, Collaborations, and Agreements:
8.1.2.2 Product Launches and Product Expansions:
8.2 PMJ Joint Stock Company
8.2.1 Company Overview
8.3 Phu Lam Import-Export Co., Ltd
8.3.1 Company Overview
8.4 ADC Plastic Joint Stock Company (ADC Plastic., JSC)
8.4.1 Company Overview
8.5 Vinares Vietnam JSC
8.5.1 Company Overview
8.6 Vietnam Colour Trading and Manufacturing Co., LTD.
8.6.1 Company Overview
8.7 Pha Le Plastics Manufacturing & Technology Joint Stock Company
8.7.1 Company Overview
8.8 An Tien Industries JSC (An Phat Holdings JSC)
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.9 Us Masterbatch Joint Stock Company
8.9.1 Company Overview
8.10. Plastiblends India Limited (Kolsite Group)
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Research & Development Expenses

Companies Mentioned

  • Alok Masterbatches Pvt. Ltd.
  • PMJ Joint Stock Company
  • Phu Lam Import-Export Co., Ltd
  • ADC Plastic Joint Stock Company (ADC Plastic., JSC)
  • Vinares Vietnam JSC
  • Vietnam Colour Trading and Manufacturing Co., LTD.
  • Pha Le Plastics Manufacturing & Technology Joint Stock Company
  • An Tien Industries JSC (An Phat Holdings JSC)
  • Us Masterbatch Joint Stock Company
  • Plastiblends India Limited (Kolsite Group)

Methodology

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