India Masterbatch Comprehensive Techno-Commercial Market Analysis and Forecast, 2013-2030

The demand for masterbatch in India stood at 443 thousand tonnes in 2018 and is projected to grow at a CAGR of 11.78% during 2019-2030 to reach 1667 thousand tonnes by 2030. Masterbatch witnesses huge demand from the packaging industry for innovative and attractive packaging methods. Moreover, increasing penetration of masterbatch in industries such as agriculture, healthcare, aerospace, automotive and consumer goods is a major factor driving growth of the Indian masterbatch market. Expanding real estate sector is resulting in huge demand for wiring and cable applications across commercial set ups, which in turn is fueling the demand for masterbatch. Furthermore, government initiatives such as “National Electric Mobility Mission” and “Automotive Mission Plan 2026” and increasing disposable income would boost the demand for vehicles, thereby positively impacting the country’s masterbatch market through 2030.

Years Considered for this Report:

Historical Years: 2013-2017
Base Year: 2018
Estimated Year: 2019
Forecast Period: 2020-2030

Objective of the Study:

• The primary objective of the study was to evaluate and forecast masterbatch demand, inventory, and the demand - supply gap in India.


• To categorize the demand for masterbatch based on type, end-use, polymer, application, sales channel and region.


• To study trade dynamics and company share in the Indian masterbatch market.


• To identify major customers of masterbatch in India.


• To identify and profile major companies operating in the Indian masterbatch market.


• To identify major news, deals and expansion plans in the Indian masterbatch market.

Some of the major players operating in the country’s masterbatch market are Plastiblends India Limited, Poddar Pigments Limited, Alok Master Batches Private Limited, Clariant Chemicals (India) Limited, Cabot India Limited, etc.

To extract data for the Indian masterbatch market, primary research surveys were conducted with masterbatch manufacturers, suppliers, distributors, wholesalers and end-users. While interviewing, the respondents were also inquired about their competitors. Through this technique, the author was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, the author analyzed various end-user segments and projected a positive outlook for the Indian masterbatch market over the coming years.

The author calculated the demand for masterbatch in India by analyzing the historical data and demand forecast which was carried out considering the consumption of end-use industries. The author sourced these values from industry experts and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by the author.

Key Target Audience:

• Masterbatch manufacturers and other stakeholders


• Organizations, forums and alliances related to masterbatch distribution


• Government bodies such as regulating authorities and policy makers


• Market research organizations and consulting companies

The study is useful in providing answers to several critical questions that are important for industry stakeholders, such as masterbatch manufacturers, distributors and policymakers. The report also provides useful insights about which market segments should be targeted over the coming years to strategize investments and capitalize on growth opportunities.

Available Customizations:

With the given market data, the author offers customizations according to a company’s specific needs.

*Note - Custom Research License:

10% specific customization is available free of any additional cost, for both the single user and enterprise license, as above. However, alternatively, if you are looking for additional content data or insight related to the scope of the report, you may purchase the new “Custom Research License”. Please enquire for pricing.

The custom research will be delivered in printable PDF format along with the report’s data excel sheet. This license offers 80 analyst hours. It is strongly recommended for an organization which wants to execute short ‘bespoke’ research projects related to the scope of the purchased report.