According to Fortune Business Insights the global masterbatch market was valued at USD 10.99 billion in 2018 and is projected to grow to USD 16.35 billion by 2026, registering a CAGR of 5.3% during the forecast period. Masterbatch is a solid or liquid additive used in the plastics industry to color raw polymer or impart other desired properties to plastics. It consists of a concentrated mixture of pigments or additives that is encapsulated into a carrier resin during a heat process and then cooled and cut into a granular shape.
Masterbatch is a concentrated mixture of pigments or additives encapsulated into a carrier resin, which is then used to color or enhance the properties of plastics during the manufacturing process. It allows for efficient and consistent dispersion of color and functional additives (such as UV stabilizers, flame retardants, or anti-static agents) in plastic products. Masterbatches come in various types including black, white, color, additive, and filler.
Get a Free Sample PDF Brochure:
https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/masterbatch-market-102353
Masterbatch Market Segmentation:
By Type:
The market is segmented into white, black, color, additive, and filler masterbatches.
-
White masterbatch holds the largest share, primarily due to its high titanium dioxide content (~75%), offering excellent opacity, brightness, and high refractive index.
-
Black masterbatch contains about 50% carbon black and is widely used for its UV protection, conductivity, and deep black pigmentation.
-
Color masterbatch is expected to grow rapidly owing to its excellent light and weather fastness, with broad usage in bottles, cables, and household items.
By Polymer:
Segmentation includes polyethylene, polypropylene, PVC, PET, and others.
-
Polyethylene dominates due to its versatility across HDPE, LDPE, and LLDPE, widely used in packaging and construction.
-
Polypropylene is growing fast, valued for its antibacterial and antimicrobial properties, and its use in consumer and construction applications.
By End-Use:
Key end-use industries are packaging, building & construction, consumer goods, automotive, agriculture, and others.
-
Packaging is the leading segment, driven by demand for durable and functional plastic packaging.
-
Building & construction is expanding quickly, supported by the increased use of masterbatch-enhanced plastics for durability, UV resistance, and longevity.
-
Automotive applications use masterbatches to enhance resistance to heat, UV, and environmental stress, especially in interior and exterior plastic components.
Market Drivers:
Rise in Demand for Plastic from Pharmaceutical Industry for Packaging will Bolster Growth
Various factors are responsible for the global masterbatches market growth. These include the rise in construction activities for all residential, commercial, and industrial purposes, increasing demand for automobiles, especially lightweight vehicles, and the increasing preference for plastic goods worldwide. On the contrary, factors such as the fluctuating price of raw materials such as titanium dioxide, polymers, and others with a high volatile nature may pose a major challenge to the overall market. Nevertheless, increasing demand for plastic packaging from sectors such as food and beverage and pharmaceuticals are likely to create lucrative growth opportunities for the market in the coming years.
List of Masterbatches Market Manufacturers include:
- Ampacet Corporation
- PolyOne
- PLASTIKA KRITIS S.A.
- Hubron International
- Penn Color Inc.
- Clariant
- Schulman, Inc.
- Cabot Corporation
- Plastiblends
- Tosaf
- Other Players
Competitive Landscape:
Fragmented Nature of Market will Intensify Competition
The global masterbatches market enjoys a fragmented nature of the market owing to the presence of various players both small and medium-sized. Companies are aiming at a large network of distribution and providing a good supply chain with regulatory expertise. Other players are engaging in collaborative efforts such as joint ventures, partnerships, mergers and acquisitions, contracts and agreements, and others to gain a competitive edge in the market on the one side and earn attracting revenue on the other.
Major Industry Developments of the Market include:
February 2019 – PLA masterbatches were launched by Viba, a masterbatch producer in Italy. It is a range of color concentrating additives or combining masterbatches based on a PLA carrier material and optimized for various processing technologies.
December 2019 – Clariant Color and Masterbatches Additives Company were acquired by PolyOne Corporation for introducing specialized technology and solutions to the end-user market for apparel, packaging, and healthcare.
Get Your Customization Report:
https://www.fortunebusinessinsights.com/enquiry/ask-for-customization/masterbatch-market-102353
About Us:
Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.
Address:
Fortune Business Insights Pvt. Ltd.
9th Floor, Icon Tower, Baner –
Mahalunge Road, Baner, Pune-411045,
Maharashtra, India.
Phone
US: +18339092966
UK: +448085020280
APAC: +91 744 740 1245
Email: sales@fortunebusinessinsights.com
Comments
0 comment