Global Masterbatch Market is expected to reach 19.69 billion by 2027 growing at a CAGR of 8.1% during 2019 to 2027.
Some of the key players profiled in the Masterbatch Market include A. Schulman, Inc., Alok Masterbatches, Americhem, Inc., Ampacet Corporation, Astra Polymers, Cabot Corporation, Clariant, Gabriel-Chemie Group, GCR Group, Heima, Hengcai, Hubron, Plastiblends, Plastika Kritis S.A, PolyOne, Polyplast Mueller GmbH, Prayag Polytech, RTP Company, Tosaf and Wave Semuliao Group.
Replacement of metals with plastics in automotive applications and widely preferred coloring method are the major factors driving the market growth. However, availability of low quality and cheaper products is restraining the market growth.
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Masterbatch is a concentrated mixture of pigments and additives encapsulated in a heat process into a carrier resin which is first cooled and then cut into a granular shape. The processor is allowed to colour the raw polymer economically throughout the manufacturing process of plastics. Masterbatch is a liquid or solid mixture of various pigments used for coloring or improving other properties of polymers such as flame retardation, antistatic, ultraviolet (UV) stabilizing, and ant locking.
Based on polymer, the polypropylene (PP) segment accounted for considerable market share during the forecast period due to wide usage in the consumer products, flexible packaging, automotive, carpets, fibers, biaxially oriented polypropylene (BOPP) film, and reusable products such as containers, papers, laboratory equipment, furniture, and medical instrument.
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By geography, Asia Pacific held largest market share during forecast period due to the growing automobile production facilities in the region and shift of European automobile manufacturers to low-cost markets of Asia.
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Types Covered: • White • Black • Filler • Special Effect • Additive
Polymers Covered: • Polypropylene (PP) • Polyethylene • Ployvinyl Chloride (PVC) • Polyethylene Terephthalate (PET) • Polyurethanes (PUR) • Polystyrene (PS)
• Other Polymers
Processes Covered: • Blow Molding • Extrusion Coating • Film Extrusion • Injection Molding • Pipe, Conducit, and Tubing • Rotational Molding • Sheet and Thermofoming
• Wire and Cable
Applications Covered: • Anti-Fog Agent • Antifouling Agent • Anti-Microbial • Anti-Oxidant • Antistatic Agent • Corrosion Inhibitor • Extrusion Aids • Flame Retardant • Lubricant • Phosphorescence • Ultraviolet Resistance • Microelectronics • Monitor
End Users Covered: • Packaging • Building & Construction • Automotive • Consumer Goods • Fiber & Textile • Agriculture • Food & Beverage • Healthcare • Pharmaceutical • Household • Transportation
Product Types Covered: • Solid Masterbatches
• Liquid Masterbatches
Distribution Channels Covered: • Direct/Institutional Sales
• Retail Sales
• North America o US o Canada o Mexico • Europe o Germany o France o Italy o UK o Spain o Rest of Europe • Asia Pacific o Japan o China o India o Australia o New Zealand o South Korea o Rest of Asia Pacific • South America o Argentina o Brazil o Chile o Rest of South America • Middle East & Africa o Saudi Arabia o UAE o Qatar o South Africa
o Rest of Middle East & Africa
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