The global Masterbatch market is showing signs of recovery for revenues and profits, driven by robust end-user market demand. The masterbatch market report presents market size, COVID-19 recovery forecasts, and market analysis and outlook of white masterbatch, black masterbatch, color masterbatch, additives masterbatch across Packaging, Construction, Automotive, Consumer Goods, Other applications. Further, companies operating in the industry and their strategies and country wise outlook through 2030 is included in the report.

Global masterbatch market- Salient Statistics, 2021

• Masterbatch Market Continues to Grow Steadily at 5.6% CAGR over the Forecast Period.
• The Masterbatch market is a $12.5 billion global industry, accounting for around one-fifth of plastic additives market.
• The European Masterbatch industry generated $4.1 billion in revenue in 2021, while packaging application was the largest application segment worldwide.
• Asia Pacific reported fastest growth rate with China, India and South East Asia playing a major role in additional demand.
• Color type is the dominant mode of types for masterbatches while additive is quickly emerging as a major market.

 

GLOBAL MASTERBATCH MARKET GROWTH OUTLOOK, 2020- 2030

 

Masterbatch Market Analysis, 2021

Masterbatch is a solid or liquid additive for imparting coloring and adding specific properties to base polymer in plastic manufacturing. In an economic manner, these concentrated mixtures boost the appearance and performance of the polymer. Accordingly, these are most preferred over other coloring options such as powders, pastes, and fluid additives as these alternatives have low consistency, low repeatability and poor hygiene levels.

During different processes including molding, injection molding, or extrusion processes, masterbatches add standard, specialty, and customized colors to the plastic. Resins such as polyethylene, polypropylene, and polystyrene are used in the process to obtain required properties.

Different type of masterbatches find applications globally- including White, Color, Black, Additive types. masterbatches are used in various end-use industries for different applications including Packaging, Construction, Automotive, Consumer Goods, and others.

The global market size for masterbatches is valued at $12.5 billion in 2021. The market size is estimated to reach $20.2 billion in 2030, representing a steady growth in market at a Compounded Annual Growth Rate (CAGR) of 5.8% during the forecast period to 2030.

Major factors driving the growth of the market include the cost-effectiveness of masterbatches, rapid industrialization in emerging countries, increasing use of plastics, investments in developing environmentally friendly products and manufacturing processes, and widening applications. On the other hand, competition from small and domestic players, fluctuations in raw material prices and stringent government regulations act as market deterrents.

The global masterbatch market is characterized by presence of large number of small companies operating, which market low price products. Companies are also focusing on providing end to end solutions facilitating ideation from concept to market for clients.

 

Masterbatch Market Trends- Widening End-User Segments of Masterbatches

The global masterbatch market is witnessing increased applications, in particular, in industries with demand for high performance products.

Masterbatch imparts additional functionalities, significantly improves appearance of the polymers during the manufacturing process. Innovation and demand for lightweight materials is encouraging the replacement of metals with plastics.

Masterbatch manufacturers find demand from packaging industry, retail, industrial, and institutional, automotive, Electronic Appliances, and consumer goods sectors. Further, construction industry is also steadily adopting color and additive masterbatches, for manufacturing PVC & PPR pipes, roofing, house wrap, stadium seating, fencing, decking, and wire & cable and others.

 

Masterbatch Market Drivers- Ongoing Demand for Masterbatches from Packaging industry

In packaging sector, masterbatches are added to the raw polymers primarily to enhance end product demand through attractive packaging and also to impart strength, robustness, and functionalities to plastics.

Modern and convenient plastic packaging is being preferred in most industrial segments, in particular, Consumer Care Packaging, Food & Beverage packaging, Industrial Packaging, Household & Cleaning and pharmaceutical packaging segments.

Manufacturing companies including Clariant are focusing on developing chrome colour intended for use in premium packaging, oxygen-scavenging additive masterbatch in medical packaging and application specific others.

Companies are also focusing on biodegradable products developed using eco-friendly compostable and biodegradable masterbatches to address the stringent environmental regulations.

 

North America Masterbatch Market Size Outlook

North America is the second largest market in the world, primarily driven by strong demand from the US. Amid current low market conditions, masterbatch companies tend to lower production costs while meeting client requirements primarily through specific performance enhancements in a masterbatch.

The major driving force for masterbatches in North American is the robust growth in end-user applications-Packaging dominates the North American masterbatch market with wide range of end user applications including snack food, frozen food, dairy products, dried condiments, barrier packaging, lidstock, pet food, liquid packaging.

Fillers in Masterbatches & compounds for breathable films, diaper backsheets, garments, fem-care, Colors, fillers & functional additives for cosmetic tubings and blisters

An increasing trend towards use of additives for multiple functionalities in a wide range of industrial application including: slip-agents, antiblocking, carbon black, conductive black, flame retardants, blowing agents, laser marking is being observed.

In current COVID-19 times, Masterbatch companies are emphasizing on delivering cost-effective and customized solutions with high performance.

In the automotive industry, masterbatch is used for wide range of products including for film, sheet extrusion, blow molding, Pipe extrusion for reduced energy consumption, low weight and superior functionality.

 

United States Masterbatch Market Size Outlook - The market is relatively mature owing to low plastic consumption despite plastics accounting for significant share in economy and labor force in the country. A large portion of companies are evaluating options for exports to developing markets in Latin America and Asia Pacific. Further, companies are also investing significantly in offering tailor-made solutions.

Canada Masterbatch Market Size Outlook - Canadian plastics market is a sophisticated, multi-faceted sector encompassing plastic products manufacturing, machinery, moulds, and resins. In addition to vast skilled labor, manufacturing facilities, the country has strong export-oriented plastics market, which drives the demand for masterbatch consumption.

Mexico Masterbatch Market Size Outlook - Automotive sector is the main driver for advanced plastic polymers in the country. Rapid economic growth coupled with steady increase in purchasing power of middle class supports the market growth. Color masterbatch remains the dominant type in the country, largely from consumer goods and other industry applications.

 

Masterbatch Companies Profiled in the Report

• LyondellBasell AG
• Avient Corporation
• Ampacet Corporation
• Cabot Corporation
• Plastika Kritis S.A.
• Plastiblends India Ltd
• Hubron International
• Tosaf Group
• Penn Color, Inc
• PolyOne Corporation
• Clariant AG

 

Masterbatch Market Segmentation-

Applications

• Packaging
• Construction
• Automotive
• Consumer Goods
• Other Applications

Color Type

• White
• Black
• Color
• Additives

Region

• North America
• Europe
• Asia Pacific
• Middle East and Africa
• Latin America

 

 

1.TABLE OF CONTENTS.................................................................................................................... 2

1.1 List of Tables................................................................................................................................ 6

1.2 List of Figures............................................................................................................................... 8

 

2.EXECUTIVE SUMMARY................................................................................................................. 11

2.1 Summary..................................................................................................................................... 11

2.2 MASTERBATCH Industry Outlook, 2020 – 2030.......................................................................... 12

2.3 Abbreviations.............................................................................................................................. 13

 

3.INTRODUCTION TO MASTERBATCH MARKET......................................................................... 14

3.1 Market Segments - Types, Applications, and Countries.................................................................. 14

3.2 Report Guide............................................................................................................................... 15

3.3 Research Methodology................................................................................................................ 16

 

4.MACRO FACTORS SUPPORTING THE MASTERBATCH MARKET OUTLOOK.................... 17

4.1 Economic Factors.......................................................................................................................... 17

4.2 Demographic Factors..................................................................................................................... 18

 

5.OVERVIEW OF MASTERBATCH MARKET............................................................................... 19

5.1 MASTERBATCH Industry Panorama, 2021.................................................................................. 19

5.2 Major MASTERBATCH Companies.............................................................................................. 20

5.3 Market Trends................................................................................................................................... 21

5.4 Largest Applications.................................................................................................................... 24

5.5 Dominant Types........................................................................................................................... 25

5.5.1 Color Masterbatch....................................................................................................................... 26

5.5.2 White Masterbatch............................................................................................................................ 29

5.5.3 Black Masterbatch............................................................................................................................31

5.5.4 Additives Masterbatch….................................................................................................................. 32

5.6 Regional Outlook......................................................................................................................... 34

 

6.GLOBAL OUTLOOK ACROSS COVID-19 SCENARIOS.................................................................... 35

6.1 Low Growth Case Forecasts................................................................................................................... 36

6.2 Reference Case Forecasts................................................................................................................. 36

6.3 High Growth Case Forecasts............................................................................................................... 36

 

7.TRENDS IN END USER MARKETS................................................................................................. 37

7.1 Packaging............................................................................................................................... 38

7.2 Construction................................................................................................................................... 40

7.3 Consumer Goods...................................................................................................................................... 42

7.4 Automotive...................................................................................................................................... 44

7.5 Other Applications...................................................................................................................................... 46

 

 

8.NORTH AMERICA MASTERBATCH MARKET ANALYSIS ........................................................ 47

8.1 North America MASTERBATCH Market Size Outlook.................................................................. 47

8.2 Trends and Opportunities............................................................................................................. 48

8.2.1 Color Masterbatch dominates the North American MASTERBATCH Market........................................... 48

8.2.2 Packaging has the largest market share in North American MASTERBATCH Market...................................... 49

8.2.3 The US dominates the North American MASTERBATCH Market................................................ 50

8.3 Market Outlook by Country........................................................................................................... 51

8.3.1 United States MASTERBATCH Market Size Outlook................................................................. 51

8.3.2 Canada MASTERBATCH Market Size Outlook......................................................................... 52

8.3.3 Mexico MASTERBATCH Market Size Outlook.......................................................................... 53

 

9.EUROPE NON WOVEN WIPES MARKET ANALYSIS ...................................................................... 54

9.1 Europe MASTERBATCH Market Size Outlook............................................................................. 54

9.2 Trends and Opportunities............................................................................................................. 55

9.2.1 Color Masterbatch dominates the European MASTERBATCH Market................................................... 55

9.2.2 Packaging has the largest market share in European MASTERBATCH Market............................................... 56

9.2.3 Germany dominates the European MASTERBATCH Market...................................................... 57

9.3 Market Outlook by Country........................................................................................................... 58

9.3.1 Germany MASTERBATCH Market Size Outlook....................................................................... 58

9.3.2 United Kingdom MASTERBATCH Market Size Outlook............................................................. 59

9.3.3 France MASTERBATCH Market Size Outlook........................................................................... 60

9.3.4 Spain MASTERBATCH Market Size Outlook............................................................................ 61

9.3.6 Italy MASTERBATCH Market Size Outlook............................................................................... 62

9.3.5 Other Europe MASTERBATCH Market Size Outlook................................................................. 62

 

10.ASIA PACIFIC MASTERBATCH MARKET ANALYSIS ............................................................ 63

10.1 Asia Pacific MASTERBATCH Market Size Outlook.................................................................... 63

10.2 Trends and Opportunities............................................................................................................ 64

10.2.1 Color Masterbatch dominates the Asia Pacific MASTERBATCH Market.............................................. 64

10.2.2 Packaging has the largest market share in Asia Pacific MASTERBATCH Market......................................... 65

10.2.3 China dominates the Asia Pacific MASTERBATCH Market...................................................... 66

10.3 Market Outlook by Country......................................................................................................... 67

10.3.1 China MASTERBATCH Market Size Outlook........................................................................... 67

10.3.2 Japan MASTERBATCH Market Size Outlook.......................................................................... 68

10.3.3 India MASTERBATCH Market Size Outlook............................................................................ 69

10.3.4 Other Asia Pacific MASTERBATCH Market Size Outlook........................................................ 70

 

11.LATIN AMERICA  MASTERBATCH MARKET ANALYSIS ....................................................... 71

11.1 Latin America MASTERBATCH Market Size Outlook.................................................................. 71

11.2 Trends and Opportunities............................................................................................................ 72

11.2.1 Color Masterbatch dominates the Latin American Pacific MASTERBATCH Market............................... 72

11.2.2 Packaging has the largest market share in Latin American MASTERBATCH Market...................................................... 73

11.2.3 Brazil dominates the Latin America MASTERBATCH Market.................................................... 74

11.3 Market Outlook by Country......................................................................................................... 75

11.3.1 Brazil MASTERBATCH Market Size Outlook........................................................................... 75

11.3.2 Argentina MASTERBATCH Market Size Outlook..................................................................... 76

11.3.3 Other Latin America MASTERBATCH Market Size Outlook...................................................... 77

 

12.MIDDLE EAST AND AFRICA MASTERBATCH MARKET ANALYSIS ....................................... 78

12.1 Middle East and Africa MASTERBATCH Market Size Outlook.................................................... 78

12.2 Trends and Opportunities............................................................................................................ 79

12.2.1 Color Masterbatch dominate the Middle East and Africa Pacific MASTERBATCH Market.................... 79

12.2.2 Packaging has the largest market share in Middle East and Africa MASTERBATCH Market......................... 80

12.2.3 Middle East dominates the MEA MASTERBATCH Market....................................................... 81

12.3 Market Outlook by Country......................................................................................................... 82

12.3.1 Middle East MASTERBATCH Market Size Outlook................................................................. 82

12.3.2 Africa MASTERBATCH Market Size Outlook.......................................................................... 83

 

13.COMPETITIVE LANDSCAPE ....................................................................................................... 84

13.1 LyondellBasell AG

13.1.1 Overview

13.1.2 SWOT Analysis

13.1.3 Key Financials

13.2 Avient Corporation

13.2.1 Overview

13.2.2 SWOT Analysis

13.2.3 Key Financials

13.3 Ampacet Corporation

13.3.1 Overview

13.3.2 SWOT Analysis

13.3.3 Key Financials

13.4 Cabot Corporation

13.4.1 Overview

13.4.2 SWOT Analysis

13.4.3 Key Financials

13.5 Plastika Kritis S.A.

13.5.1 Overview

13.5.2 SWOT Analysis

13.5.3 Contact Information

13.6 Plastiblends India Ltd

13.7 Hubron International

13.8 Tosaf Group

13.9 Penn Color, Inc

13.10 PolyOne Corporation

13.11 Clariant AG

 

14.APPENDIX................................................................................................................................. 169

14.1 About USD Analytics................................................................................................................ 169

14.2 Sources and Research Methodology......................................................................................... 169

14.3 Copyright................................................................................................................................. 170

 

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