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Masterbatch Market Report
The Masterbatch Market is Segmented by Type (Color, White, Black, Additive, and Filler), by Polymer Type (PP, LDPE/LLDPE, HDPE, PVC, PUR, PET, PS, and Others), by Application Type (Packaging, Building & Construction, Consumer Goods, Automotive, Textile, Agriculture, and Others), and by Region ...
Impact of COVID-19 on Masterbatch Market
Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.
Note: The summary below might not have included insights on covid impact since we have large number of reports.
Masterbatch market is likely to witness a CAGR of 5.2% during the forecast period. The prime factors that are driving the masterbatch market are the expanding packaging industry along with the organic growth of the building & construction, consumer goods, automotive, textile, and agriculture industries.
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Masterbatch Market - Snapshot |
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Growth |
5.2% for the next five years |
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Major Type |
Color Type |
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Dominant Application Type |
Packaging |
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Region with the highest demand |
Asia-Pacific |
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Key Players |
Clariant AG, Ampacet Corporation, A. Schulman, Inc., Polyone Corporation, Cabot Corporation, Plastika Kritis S.A., Plastiblends India Ltd., Hubron International, Tosaf Group, and Penn Color, Inc. |
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Based on the type, the market is segmented as color, white, black, additive, and filler. The color type held the largest share of the market in 2019, and is expected to remain dominant during the forecast period. Increasing use of color masterbatch in packaging, building & construction, automotive, consumer goods, agriculture, and textile industries is the major factor behind the dominance of the segment.
On the basis of application type, the market is segmented as packaging, building & construction, consumer goods, automotive, textile, agriculture, and others. The packaging segment holds the largest share of the market and is also expected to witness a healthy growth during the forecast period. Expanding range of packaging in a wide array of industries including building & construction, consumer goods, electricals & electronics, personal care, medical, household, and other industries is the major factor driving the growth of the segment.
In terms of regions, Asia-Pacific is estimated to be the largest as well as fastest-growing masterbatch market during the forecast period, with China, Singapore, South Korea, Japan, and India being the major countries with lucrative growth opportunities. The growth of the market is majorly driven by significant economic development in the regions, rapidly expanding construction industry, and presence of huge consumer base. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.
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Masterbatch is an additive used for coloring plastics or imparting other properties to plastics during the manufacturing process. Masterbatches can be of various types such as color, white, black, additive, and filler. They are widely used in packaging, building & construction, consumer goods, automotive, textile, agriculture, and others. They are usually imparted with polymers such as PP, LDPE/LLDPE, HDPE, PVC, PUR, PET, PS, and others.
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
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Masterbatch Market Research Report - Features |
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Market Segmentation |
4 |
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Regions Covered |
4 |
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Countries/Sub-Regions Covered |
15 |
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No. of Figures & Tables |
>150 |
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Company Profiles |
10 |
The masterbatch market is segmented into the following categories.
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Some of the major suppliers in the masterbatch market are-
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Market Segmentation
Competitive Benchmarking
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com
The masterbatch market is expected to witness an impressive growth of 5.2% CAGR in the foreseeable future.
Clariant AG, Ampacet Corporation, A. Schulman, Inc., Polyone Corporation, Cabot Corporation, Plastika Kritis S.A., Plastiblends India Ltd., Hubron International, Tosaf Group, and Penn Color, Inc are among the key players in the masterbatch market.
Asia-pacific is expected to be the largest masterbatch market during the next five years.
The packaging segment is expected to witness a healthy growth in the masterbatch market in the coming years.
The color type is expected to remain dominant in the masterbatch market during the next five years.
The prime factors that are driving the masterbatch market are the expanding packaging industry along with the organic growth of the building & construction, consumer goods, automotive, textile, and agriculture industries.
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