Global Masterbatch Market Size, By Type, By Application, By Region, Trend Analysis, Competitive Market Share & Forecast, 2020-2027

Global Masterbatch Market is Forecast to Touch USD Billion by 2027, Growing at a CAGR of During 2020 to 2027

According to the author, the Global Masterbatch Market is further projected to reach USD billion by 2027, growing at a CAGR of significant number during the forecast period. Masterbatch is a solid supplement used majorly for plastic coloring (color masterbatch) or imparting the characteristics of plastic (additive masterbatch). The masterbatch is a concentrated mix of pigments or/and additives encased/encapsulated during a heat process into a carrier resin, which is later cooled and shaped into a granular shape eventually. Usage of masterbatch allows the processor to color raw polymer economically during the manufacturing process of plastics, polymers, etc.

Growing Demands for lightweight Vehicles and Greener fuel sources

As per the modifications in high-end technology is taking place abruptly. Transportation has become a significant part of urban society, and that the number of advancements being made in this vertical is evident for that. With that, there’s an increase in demand for light weighing vehicles, due to properties they possess. Such as being fast, being able to work on solar power or batteries, etc. The escalation of these vehicles has been addressed due European Union’s concern for the reduction of greenhouse gases, that are emitted from conventional or heavy vehicles.

Growing demands for Plastics from Pharma and related industries

The factors are inclusive of construction activities for all industrial, residential, and commercial purposes. With the increase in demand for automobiles, especially lightweight vehicles, and the increasing preference for plastic goods and products worldwide. in hindsight, there are the fluctuating rates of raw materials like polymers, titanium oxide, and others with a high volatile nature may project some challenges to the overall market growth, at some point. However, the increased demand for packaging plastics from market segments such as pharmaceuticals, beverages, and food are likely to emerge as lucrative growth opportunities for the relevant market. Also, due to the pandemic this demand has only increased.

The Asia Pacific will witness a significant rise

The market size of Asia for Masterbatch was at a value of 3,998.14 Million in the year 2018, and as a reflection to which it is again expected to reassert its dominance once again in the projected period. The presence of countries such as China, India, and Taiwan would be responsible for this growth. Additionally, the increase in expenditure money and purchasing power among the populations will eventually pump the demand, and hence the market would witness the expected rates of growth.

The leading market players for the global Masterbatch market are Ampacet Corporation, A. Schulman, Inc., Clariant, PolyOne Corporation, Cabot Corporation, Creta Plastics, Tosaf Compounds Ltd., Dainichiseika Color & Chemicals Mfg. Co., Ltd. Penn Color Inc., Plastiblends, RTP Company, Primex Color, Compounding & Additives, K.D. FEDDERSEN, Hubron International, High Technology Masterbatches S.L., AMERICHEM, Astra Polymers, Jiangsu Pulaike Hongmei Masterbatch Co., Ltd., CONSTAB, Alok Masterbatches Pvt. Ltd, Vanetti S.p.a., Rajiv Plastic Industries among many others.

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1. Research Framework

1.1. Research Objective
1.2. Product Overview
1.3. Market Segmentation

2. Research Methodology

2.1. Qualitative Research
2.1.1. Primary & Secondary Research
2.2. Quantitative Research
2.3. Market Breakdown & Data Triangulation
2.3.1. Secondary Research
2.3.2. Primary Research
2.4. Breakdown of Primary Research Respondents, By Region
2.5. Assumption & Limitation

3. Executive Summary

4. Global Masterbatch Market Insights

4.1. DROC Analysis
4.1.1. Growth Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. Recent Development
4.3. Porter’s Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Intensity of Rivalry
4.4. Impact of Covid-19 on Global Masterbatch Market Industry.

5. Global Masterbatch Market Overview

5.1. Market Size & Forecast by Value, 2020-2027
5.1.1. By Value (USD Million)
5.1.2. By Volume (Million Unit)
5.2. Market Share & Forecast
5.2.1. By Type
5.2.1.1. Additive
5.2.1.2. Black
5.2.1.3. Color
5.2.1.4. White
5.2.1.5. Filler
5.2.2. By Application
5.2.2.1. Packaging,
5.2.2.2. Building & Construction
5.2.2.3. Automotive
5.2.2.4. Consumer Goods
5.2.2.5. Textile
5.2.2.6. Agriculture
5.2.4. By Region
5.2.2.1. North America
5.2.2.2. Europe
5.2.2.3. Asia Pacific
5.2.2.4. Latin America
5.2.2.5. Middle East & Africa

6. North America Masterbatch Market

6.1. Market Size & Forecast by Value, 2020-2027
6.1.1. By Value (USD Million)
6.1.2. By Volume (Million Unit)
6.2. Market Share & Forecast
6.2.1. By Type
6.2.2. By Application
6.2.3. By Country
6.2.3.1. United States
6.2.3.2. Canada

7. Europe Masterbatch Market

7.1. Market Size & Forecast by Value, 2020-2027
7.1.1. By Value (USD Million)
7.1.2. By Volume (Million Unit)
7.2. Market Share & Forecast
7.2.1. By Type
7.2.2. By Application
7.2.3. By Country
7.2.3.1. Germany
7.2.3.2. Poland
7.2.3.3. Russia
7.2.3.4. Italy
7.2.3.5. France
7.2.3.6. United Kingdom
7.2.3.7. Spain
7.2.3.8. Rest of Europe

8. Asia Pacific Masterbatch Market

Market Size & Forecast by Value, 2020-2027
8.1.1. By Value (USD Million)
8.1.2. By Volume (Million Unit)
8.2. Market Share & Forecast
8.2.1. By Type
8.2.2. By Application
8.2.3. By Country
8.2.3.1. China
8.2.3.2. India
8.2.3.3. Japan
8.2.3.4. Malaysia
8.2.3.5. Singapore
8.2.3.6. Rest of Asia Pacific

9. Latin America Masterbatch Market

9.1. Market Size & Forecast by Value, 2020-2027
9.1.1. By Value (USD Million)
9.1.2. By Volume (Million Unit)
9.2. Market Share & Forecast
9.2.1. By Type
9.2.2. By Application
9.2.3. By Country
9.2.3.1. Brazil
9.2.3.2. Mexico
9.2.3.3. Rest of Latin America

10. The Middle East & Africa Masterbatch Market

10.1. Market Size & Forecast by Value, 2020-2027
10.1.1. By Value (USD Million)
10.1.2. By Volume (Million Unit)
10.2. Market Share & Forecast
10.2.1. By Type
10.2.2. By Application
10.2.3. By Country
10.2.3.1. Saudi Arabia
10.2.3.2. GCC
10.2.3.3. UAE
10.2.3.4. South Africa
10.2.3.5. Rest of Middle East & Africa

11. Competitive Landscape

11.1. List of Key Players and Their Offerings
11.2. Market/Ranking Share Analysis
11.3. Competitive Benchmarking, By Operating Parameters

12. Company Profile (Company Overview, Financial Matrix, Competitive landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook) *

12.1. Ampacet Corporation
12.2. A. Schulman, Inc.
12.3. Clariant, PolyOne Corporation
12.4. Cabot Corporation
12.5. Creta Plastics
12.6. Tosaf Compounds Ltd.
12.7. Dainichiseika Color & ChemicalS Mfg. Co., Ltd.
12.8. Penn Color Inc.
12.9. Plastiblends
12.10. RTP Company
12.11. Primex Color,
12.12. Compounding & Additives,
12.13. K.D. FEDDERSEN, Hubron International,
12.14. High Technology Masterbatches S.L.,
12.15. AMERICHEM, Astra Polymers,
12.16. Jiangsu Pulaike Hongmei Masterbatch Co. Ltd.,
12.17. CONSTAB, Alok Masterbatches Pvt. Ltd,
12.18. Vanetti S.p.a. Rajiv Plastic Industries