Chemical

According to a new market report published by Lucintel the future of the masterbatch market looks promising with opportunities in packaging, building and construction, consumer goods, transportation, electrical and electronics, and fiber & textiles end uses. The masterbatch market is expected to reach an estimated $13.0 billion by 2027 with a CAGR of 5.0% 2021 to 2027.

The major drivers for growth in this market are increasing demand for light weight plastic as substitutes for various materials like metal, concrete, and steel in various end use industries.

In this market, color, black, white, additives and filler are the major masterbatch utilized to manufacture plastic products. Lucintel forecasts that, color masterbatch is expected to be the largest market by value and volume and it is also expected to witness fastest growth over the forecast period because it’s used for special effect and colors to distinguish products.

Within the global masterbatch market, packaging will remain the largest end use by value and volume due to increasing consumption of packaged consumer goods. Fibers/textile is expected to witness highest growth over the forecast period.

Asia Pacific (APAC) is expected to remain the largest region by value and volume and it is also expected to experience the highest growth over the forecast period due to growth in end uses and increasing urbanization, rising construction and infrastructure activities, changing consumer lifestyles, economic development, and demand for plastic products especially in China and India.

Emerging trends, which have a direct impact on the dynamics of the masterbatch industry, includes growing use of silicone masterbatch in automotive PP/TPO compounds and increasing demand for biodegradable masterbatch. Lyondell Basell, Cabot, PolyOne (Avient), Ampacet, PlastiBlends, Tosaf, Polyplast, Poddar Pigments, and Gabrie-Chenie GmbH are companies are among the major suppliers of masterbatch.

Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global masterbatch by product type, end use, carrier resin, process, and region. Lucintel has prepared a comprehensive research report entitled “Growth Opportunities in the Global Masterbatch Market 2022-2027: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global masterbatch by product type, end use, carrier resin, process, and region as follows:



















































This 207 -page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/masterbatch-market.aspx or write us at helpdesk@lucintel.com.

About Lucintel

Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

This report answers following 11 key questions:

Q.1 What are some of the most promising potential, high growth opportunities for the global masterbatch by end use (packaging, consumer goods, electrical and electronics, transportation, fiber and textiles, building and construction, and others), product type (color, white, black, additive, and filler) resin carrier type (PE, PP, PS, PA, EVA, ABS, SAN, and PC), process (film extrusion, blow molding, injection molding, pipe, conduit and tubing, extrusion coating, sheet and thermoforming, wire and cable, rotational molding, and other extrusion), and region (North America, Europe, and Asia Pacific & ROW)?

Q.2 Which segments will grow at a faster pace and why?

Q.3 Which regions will grow at a faster pace and why?

Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?

Q.5 What are the business risks and threats to the market?

Q.6 What are the emerging trends in this market and the reasons behind them?

Q.7 What are the changing demands of customers in the market?

Q.8 What are the new developments in the market? Which companies are leading these developments?

Q.9 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?

Q.10 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via material or product substitution?

Q.11 What M & A activities have taken place in the last 5 years in this market?