Masterbatch Market: Current Analysis and Forecast (2021-2027)

About the Report

About the Report

Over the years, the consumption of plastic has increased manifolds. Its low cost, convenience to use over other materials like metal, aesthetic pleasure, ease to increase the production capacity to bridge the supply-demand gap, and helps in reducing the product weight, and all of this without compromising the quality of the end product are some of the key attributable factors resulting to widespread adoption of plastic. A masterbatch is perhaps the most important element in creating quality plastic products. It consists of pigments and additives that impart much required characteristics and color to the end products. Therefore, with the rising consumption of plastic, the demand for masterbatch will eventually increase. Further, as the demand for quality plastic products is increasing due to improving people's lifestyles with rising consumer disposable income, plastic manufacturers are trying to offer better quality products that consist of several types of additives. These masterbatches contain various types of additives ranging from antiblock masterbatches to laser additives to UV stabilizers, thereby being continually adapted to meet the needs of the market.

Based on type, the market is categorized into white, black, color, additive, and filler/combination. Among these, white held the prominent share in the market as white color is one of the most common colors that is widely used across the industries. Applications range from pipes, cables, packaging films to the injection molding of electronic parts, where a high level of gloss properties and excellent dispersion is required. Further, it provides opacity and base color to the plastic used extensively in the food & beverage and pharmaceutical industries.

Based on polymer, the market is categorized into PP, PE, PVC, PET, and others. Of all, PE held the prominent share in the market and is likely to maintain its position during the forecast period. PE is classified into HDPE, LDPE, and LLDPE, these together cover a wide range and breadth of applications, for instance, HDPE is used in milk cartons, detergent bottles, cereal box liners, toys, buckets, park benches, and rigid pipes. Owing to this, PE consumes a large amount of masterbatch.

Based on end-user, the market is categorized into packaging, building & construction, automotive, consumer goods, agriculture, and others. Among these, packaging accounted for a substantial share of the market and is also likely to showcase robust growth during the forecast period. This can be ascribed to the wide use of packaging from the food & beverage industry to pharmaceuticals. Further, increasing demand for packaged food due to convenience and changing lifestyles along with increasing penetration of the e-retail industry is increasing the demand for packaging products, thereby propelling the demand for masterbatch.

For a better understanding of the market adoption of Masterbatch, the market is analyzed based on its worldwide presence in the countries such as North America (United States, Canada, Rest of North America), Europe (Germany, UK, France, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, and Rest of APAC), and Rest of World. Asia-Pacific accounted for a prominent share in the masterbatch market on account of the presence of vast industrial sectors in countries like China, Japan, India, and South Korea. Further, robust growth in the regional e-retail industries is boosting the demand for packaging products, eventually increasing the market for plastic and masterbatch.

Some of the major players operating in the market include LyondellBasell Industries N.V., Avient Corporation, Ampacet Corporation, Cabot Corporation, Plastika Kritis S.A., Plastiblends India Limited, Hubron International, Tosaf Group, Penn Color Inc., and Americhem Inc. These companies are taking various strategic decisions to increase their market presence and share.

Products


Companies

LyondellBasell Industries N.V., Avient Corporation, Ampacet Corporation, Cabot Corporation, Plastika Kritis S.A., Plastiblends India Limited, Hubron International, Tosaf Group, Penn Color Inc., and Americhem Inc

Table of Contents

Table of Contents

1 MARKET INTRODUCTION

1.1. Market Definitions

1.2. Limitation

1.3. Stake Holders

1.4. Currency used in Report

2 RESEARCH METHODOLOGY OR ASSUMPTION

2.1. Research Process of the Masterbatch Market

2.2. Research Methodology of the Masterbatch Market

2.3. Forecasting Method

2.4. Respondent Profile

2.5. Main Objective of the Masterbatch Market Study

3 MARKET SYNOPSIS

4 EXECUTIVE SUMMARY

5 GLOBAL MASTERBATCH MARKET COVID-19 IMPACT

6 GLOBAL MASTERBATCH MARKET REVENUE (USD MN), 2019-2027F

7 MARKET INSIGHTS BY TYPE

7.1. White

7.2. Black

7.3. Color

7.4. Additive

7.5. Filler/Combination

8 MARKET INSIGHTS BY POLYMER

8.1. Polypropylene (PP)

8.2. Polyethylene (PE)

8.3. Polyvinyl Chloride (PVC)

8.4. Polyethylene Terephthalate (PET)

8.5. Others

9 MARKET INSIGHTS BY END-USER

9.1. Packaging

9.2. Building & Construction

9.3. Automotive

9.4. Consumer Goods

9.5. Agriculture

9.6. Others

10 MARKET INSIGHTS BY REGION

10.1. North America Masterbatch Market

10.1.1. United States

10.1.2. Canada

10.1.3. Rest of North America

10.2. Europe Masterbatch Market

10.2.1. Germany

10.2.2. France

10.2.3. United Kingdom

10.2.4. Italy

10.2.5. Spain

10.2.6. Rest of Europe

10.3. Asia Pacific Masterbatch Market

10.3.1. China

10.3.2. Japan

10.3.3. India

10.3.4. Australia

10.3.5. Rest of Asia Pacific

10.4. Rest of World Masterbatch Market

11 MASTERBATCH MARKET DYNAMICS

11.1. Market Drivers

11.2. Market Challenges

11.3. Impact Analysis

12 MASTERBATCH MARKET OPPORTUNITIES

13 MASTERBATCH MARKET TRENDS

14 LEGAL & REGULATORY FRAMEWORK

15 DEMAND AND SUPPLY-SIDE ANALYSIS

15.1. Demand Side Analysis

15.2. Supply Side Analysis

15.2.1. Top Product Launches

15.2.2. Top Business Partnerships

15.2.3. Top Business Expansions, Investments, and Divestitures

15.2.4. Top Merger and Acquisitions

16 VALUE CHAIN ANALYSIS

17 COMPETITIVE SCENARIO

17.1. Porters Fiver Forces Analysis

17.1.1. Bargaining Power of Buyer

17.1.2. Bargaining Power of Supplier

17.1.3. Intensity of Rivalry

17.1.4. Threats of New Entrant

17.1.5. Threat of Substitute

17.2. Company Share Analysis, by Revenue

18 COMPANY PROFILED

18.1. LyondellBasell Industries N.V.

18.2. Avient Corporation

18.3. Ampacet Corporation

18.4. Cabot Corporation

18.5. Plastika Kritis S.A.

18.6. Plastiblends India Limited

18.7. Hubron International

18.8. Tosaf Group

18.9. Penn Color Inc.

18.10. Americhem Inc.

19 DISCLAIMER

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