Oxygen Scavenger Masterbatch Market Growth Analysis

Market Insights

Oxygen Scavenger Masterbatch Market is likely to witness a CAGR of 7.8% during the forecast period. The oxygen scavenger masterbatch market demand for food packaging is expected to be driven by ongoing technological innovation and trends in the food & beverage packaging sector over the forecast period.

What is oxygen scavenger masterbatch?

Oxygen scavenger masterbatch, also called additives or oxygen absorber masterbatch, is used in active packaging applications to absorb oxygen from the packing environment of food products and extend their shelf life. It aids in the preservation of freshness, flavor, and color in packaged foods.

Segment Analysis

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By Product Type

The market is segmented as organic and inorganic. The organic segment is expected to witness significant growth rate in the market during the forecast period. The growth of the segment is driven by the increasing research and development activities being carried out across the globe for enhancing product performance. These products significantly reduce oxygen content in packaging products as they capture oxygen by oxidizing carbon-carbon double bonds.

By Application Type

The market is segmented as flexible packaging and rigid packaging. The flexible packaging application segment is anticipated to account for the major share of the market during the forecast period on account of the growing awareness of the benefits of sustainable packaging, combined with rapid technological improvements, which is expected to boost the oxygen scavenger masterbatch market growth for food packaging.

By Region

Asia-Pacific is estimated to witness colossal gains in the market for oxygen scavenger masterbatch during the forecast period. The region’s growth can be attributed to the developments in the food & beverage industry in the emerging economies of the region. Furthermore, major countries including China, India, and Australia are witnessing substantial growth in the consumption of alcoholic beverages, dairy products, and meat products, which is likely to bolster the demand for oxygen scavenger masterbatch in the coming years. North America and Europe are also expected to offer sizeable growth opportunities over the forecast period.

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The oxygen scavenger masterbatch market is segmented into the following categories-

By Product Type:

• Organic (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Inorganic (Type Analysis: Iron-based and Others)

By Application Type:

• Flexible Packaging (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Rigid Packaging (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

By End-User Type:

• Meat, Poultry & Fish (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Fruits & Vegetables (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Dairy Products (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Alcoholic Beverages (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Snacks & Confectionaries (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

By Region:

• North America (Country Analysis: the USA, Canada, and Mexico) 
• Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
• Rest of the World (Sub-Region Analysis: Latin America, the Middle East, 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.

Key Players

Some of the key players in the oxygen scavenger masterbatch market are-

• Albis Plastic GmbH
• Clariant AG
• Gabriel-Chemie Gesellschaft GmbH
• Henkel AG & Co.
• KGaA
• NanoBioMatters
• Tosaf Inc.
• Polyone.

Report Features

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.

What deliverables will you get in this report?

Research Methodology

This report offers high-quality insights and is the outcome of a 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 books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to three players)
• SWOT analysis of key players (up to three players)

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.

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 to sales@stratviewresearch.com.