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“Global Additive Masterbatch Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2027” is a recent report generated by MarketResearch.biz. The global additive masterbatch market report has been segmented on the basis of type, carrier resin, end-use industries, and region.
Introduction
Additive masterbatch is a compound primarily utilized in plastic manufacturing process. It commonly available in either liquid or solid form. These product contains a carrier material with pigments submerged into it and high concentration additives. Additive masterbatch is primarily utilized to improve the functional properties and performance of plastic products. In addition, it helps in producing durable and high strength plastic products. Additive masterbatch offer various properties such as water resistance, scratch resistance, and chemical resistance.
Dynamics
Growing demand for additive masterbatch across different end-use sectors such as building & construction and automotive is a major factor expected to drive growth of the global market over the next 10 years. In addition, increasing adoption of additive masterbatch in packaging and electrical and electronics industries is another factor projected to drive growth of the potential market over next 10 years.
In addition, rapid development in various end-use industries in emerging economies and increasing adoption of plastics materials over other conventional materials are other factors estimated to drive growth of the global market over the forecast period. Technological advancements in manufacturing process of additive masterbatch is another major factor expected to drive the growth of the global market.
However, availability of low cost substitutes is a major factor expected to restraint growth of the target market to certain extent.
Segmental Analysis:
On the basis of type, antimicrobial additive segment is expected to dominate the global additive masterbatch market, owing to its increasing adoption to control the microbes in plastic products. The antimicrobial additive segment revenue is projected to register highest CAGR over the forecast.
On the basis of carrier resin, polyethylene resin segment is expected to dominate the global additive masterbatch market, owing to its enhanced properties, such as high toughness, moisture resistance, and low density, in comparison to other resins. The polyethylene resin segment revenue is expected to register highest CAGR in the next few years.
On the basis of end-use industries, the packaging segment is expected to account for significant share in terms of revenue in the global market, owing to increasing demand for these products from packaging industry due to changing consumer lifestyle, rapid urbanization, geographic and economic trends, rising health awareness, and rapid development in packaging technology and material. The packaging segment revenue is also estimated to register highest CAGR over the forecast.
Regional Analysis:
Asia Pacific additive masterbatch market is estimated to account for significant share in terms of revenue in the global market. Asia Pacific additive masterbatch market is also expected to register fastest growth in terms of revenue over the next 10 years, owing to increasing demand from various end-use industries such as packaging, healthcare, and consumer goods. In addition, increasing investment in building and construction sectors in countries in this region is among additional factor expected to drive growth of the target market over the forecast period.
Global additive masterbatch market segmentation:
Segmentation by type:
- Antimicrobial
- Antioxidant
- Flame-retardant
Segmentation by carrier resin:
- Polyethylene
- Polypropylene
- Polystyrene
Segmentation by end-use industries:
- Packaging
- Automotive
- Electronics and Electrical
- Building & Construction
- Agriculture
Segmentation by region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn -
- Clariant AG
- Schulman, Inc.
- PolyOne Corporation
- Plastika Kritis S.A.
- Plastiblends India Limited
- Ampacet Corporation
- Dow Silicones Corporation
- O'Neil Color & Compounding Corporation
- Penn Color, Inc.
- Polyplast Müller GmbH
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