Poland Masterbatches Market - Forecast (2020 - 2025)

The growth of masterbatches market in Poland is escalating due to the high adoption of different types of masterbatches across industries such as automotive, electrical, electronics, and building & construction. Most of these industries are using masterbatches to manufacture their exterior and interior components because of its unique properties. Moreover, in medical and food & beverages industries, masterbatches are used for packaging applications to protect their appliances and equipment from UV rays. The growing need for improving the surface appearance of plastic components in industries such as automotive, building & construction, and consumer goods is increasing the demand for masterbatches in Poland during the forecast period 2020 - 2025.

Poland Masterbatches Market Outlook

The overall market of Poland masterbatches has shown positive growth in the recent years owing to increase in penetration of masterbatch into engineering polymer markets as replacement for compounds and the growing usage by polymer manufacturers in their own compounding operations. Color masterbatches dominate the Poland market in terms of revenue with a share of 23% in 2020. The market is foreseen to reach $44.78m in 2025 growing at a CAGR of 4.73% during the forecast period of 2020 - 2025. UV masterbatch is the fastest growing segment with a CAGR of 5.47% and is estimated to reach $19.74m by 2025 during the forecast period of 2020 - 2025.

Poland Masterbatches Market Growth Drivers

Poland is Europe’s major hub for plastics packaging along with having a capacity for all commodity polymers. Poland is expected to show a high growth in masterbatches in the near future, mainly driven by ongoing investments in car production and electrical goods manufacturing. The packaging market in Poland has been developing dynamically in the past few years. The constant growth for modern packaging in Poland has increased the demand for masterbatches.

Poland Masterbatches Market Challenges

Growing government regulations regarding environmental concerns as well as rising crude oil prices are the key factors hampering the growth of the Poland masterbatches market. Poland had imposed recycling fee for plastic bags. Under the new regulations, the fee applies to the foils with a thickness of 15 to 50 micrometers. This will strongly encourage consumers to limit the use of plastic bags in Poland, which will slow down the growth of masterbatches market.

Poland Masterbatches Market Research Scope

The base year of the study is 2020, with forecast done up to 2025. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. It also provides information on unit shipments. These provide the key market participants with the necessary business intelligence and help them understand the future of the Poland Masterbatches market. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. The key areas of focus include the types of Poland Masterbatches, and their specific applications in different industries.

Poland Masterbatches Report: Industry Coverage

• Poland Masterbatches Market by type of masterbatch: Additive, Color, White, UV, Liquid and Others.

• Poland Masterbatches Market by carrier resin: PE, PET, ABS, PS, PVC and Others.

• Poland Masterbatches Market by application: Molding and Extrusion.

• Poland Masterbatches Market by end-user: Automotive, Electronics and Electrical, Building and Construction, Consumer goods, Medical Packaging, Food & Beverage Packaging and Others.

Poland Masterbatches Market Key Players Perspective

Global Colors Polska SA, Clariant AG, PolyOne Corporation, A Schulman PPG, and Ampacet Polska are the major players in this market.

Poland Masterbatches Market Trends

The key trend that is gaining importance in the Poland masterbatches market is the growing demand for biodegradable resins. The demand for biodegradable plastics is extensively increasing in daily consumer goods applications, especially in the packaging industry. The growing need for waste management has also propelled the bio-based resin industry.