Masterbatch Market Worth 13.41 Billion USD by 2022

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Browse 118 market data tables and 87 figures spread through 167 pages and in-depth TOC on "Masterbatch Market"

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The growth of the global masterbatch market is mainly driven by the increasing demand for plastics in varied applications and the replacement of metal, concrete, and steel goods with lightweight plastics, and preferred coloring plastics in most of the industrial sectors, such as automotive, consumer goods, and building & construction.

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The color segment of the global masterbatch market is projected to grow at the highest CAGR between 2017 and 2022 

Based on type, the global masterbatch market has been segmented into color, additive, white, black, and filler. The color segment is expected to grow at the highest CAGR from 2017 to 2022. This growth is mainly attributed to the rising demand from retail, industry, and institutions. The increase in handling and transport of goods due to globalization, liberalization, changing consumer lifestyles, and economic development has led to the increase in demand for better protection and handling of goods.

The LDPE & LLDPE segment of the global masterbatch market is expected to grow at the highest CAGR between 2017 and 2022 

Based on polymer, the LDPE & LLDPE segment of the global masterbatch market is expected to grow at the highest CAGR during the forecast period. LDPE & LLDPE offer superior physical properties such as impact resistance, tensile strength, and also help in reducing processing cycle time. These are used for various applications, such as, packaging consumer goods, automotive, agriculture, and others.

The packaging segment of the global masterbatch market is expected to grow at the highest CAGR during the forecast period 

Based on application, the packaging segment is expected to grow at the highest CAGR between 2017 and 2022. This growth is mainly attributed to the rising demand from retail, industry, and institutions. The increase in handling and transport of goods due to globalization, liberalization, changing consumer lifestyles, and economic development has led to the increase in demand for better protection and handling of goods.

Asia-Pacific to be the fastest-growing market for masterbatch during the forecast period 

The Masterbatch Market in the Asia-Pacific region is expected to grow at the highest CAGR between 2017 and 2022. This growth is mainly attributed to the rise in the construction of infrastructure in the Asia-Pacific in countries, such as India, Taiwan, Indonesia, and China.  The masterbatch market in the region has a large number of small and domestic players providing customized solutions at low cost.

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The global masterbatch market is led by various market players, such as Clariant AG (Switzerland), A. Schulman Inc. (U.S.), PolyOne Corporation (U.S.), Ampacet Corporation (U.S.), Penn Color, Inc. (U.S.), Plastiblends India Ltd. (India), Tosaf Group (Israel), Hubron (International) Ltd. (U.K.), Cabot Corporation (U.S.), and Plastika Kritis S.A. (Greece), among others.

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Color Masterbatch Market by Type (Standard Color, Tailor-made Color, Specialty Color), Carrier Resin (PE, PP, PS) and End-use Industry (Packaging, Building & Construction, Consumer Goods, Automotive, Agriculture) - Global Trends & Forecasts to 2021
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Additive Masterbatch Market by Type (Antimicrobial, Antioxidant, Flame Retardants), Carrier Resin (PE, PP, PS), and End-use Industry (Packaging, Building & Construction, Consumer Goods, Automotive, Agriculture) - Global Trends & Forecasts to 2021
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