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Masterbatch Market by Type, Polymer, Application - Global Forecast to 2022

Masterbatch Market: Global Forecast until 2022

  • May 2017
  • 179 pages
  • ID: 4933552
In this report:
Brazil, Russia, India, China, and South Africa (BRICS) together account for ##% of the global demand, which is expected to increase with the growth in their economies.
North America also has a strong demand for LDPE & LLDPE masterbatch, which is projected to register a CAGR of ##.##%, between 2017 and 2022, in terms of value.

Summary

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The overall masterbatch market is estimated to rise at a compound annual growth rate of 5.10 percent between 2017 and 2022

The overall masterbatch market is estimated to grow ~$13.4B by 2022, at a compound annual growth rate of 5.10 percent between 2017 and 2022. Modernizations in masterbatch and the sector demand for lightweight materials in the automotive sector is encouraging the replacement of metals with plastics and therefore driving the sector. Nevertheless, the masterbatch market is restrained due to low-cost offerings of masterbatch, which affect the quality of end-use products in emerging countries.

The color segment is the most important type segment of the overall masterbatch market

Established on category, the color segment recorded for the biggest share of the overall masterbatch market in 2016. This big share is essentially attributed to the growing use of color in manufacturing different plastic applications, including packaging, building & construction, automotive, consumer goods, agriculture, textile, and others.

The polypropylene segment is the most important polymer segment of the overall masterbatch market

Established on polymer, the polypropylene segment is forecasted to be the biggest industry size between 2017 and 2022. The market demand for masterbatch in this industry segment is primarily driven due to the efficient, smooth, and dispersion properties of polypropylene for end-use applications of plastics.

The packaging segment is the most important and the quickest-increasing application segment of the overall masterbatch market

Established on application, the packaging segment is expected to grow at the highest compound annual growth rate (CAGR) between 2017 and 2022. The growth in handling and transport of goods due to globalization, liberalization, changing consumer lifestyles, and economic development has led to the rise in demand for better protection and handling of goods. This demand has in turn has led to the growth in consumption of packaging in every market, thus driving the industry demand for masterbatch.

APAC to be the biggest masterbatch market

The Asia-Pacific area is forecast to lead the overall masterbatch market between 2017 and 2022. Territories in the Asia-Pacific region including China, India (IN), Taiwan, Indonesia (ID), and South Korea (KR) are main consumers of masterbatch. Additionally, the growing demand for masterbatch in the packaging, building & construction, consumer goods, automotive, textile, and agriculture application is further anticipated to drive the increase of the masterbatch market in the Asia Pacific (APAC) area.

Breakdown of profiles of primary Q&A for the market research

• By Company category: Tier 1 - 25.0 percent, Tier 2 -33.0 percent, and Tier 3 - 42.0 percent

• By Description: C-suite - 25.0 percent, D-level - 33.0 percent, and Others - 42.0 percent

• By Area: EU - 54.0 percent, North America (NA) - 23.0 percent, Asia-Pac - 15.0 percent, and rest of the world - 8.0 percent

Some of the top firms decribed in this industry report are Clariant (CLN), A. Schulman Inc., PolyOne Corporation, Ampacet Corporation, Penn Color, Incorporated, Plastiblends India Ltd., Tosaf Group, Hubron Ltd., Cabot Corporation, and Plastika Kritis S.A., among others.

Scope of the Report

The overall masterbatch market has been split on the basis of type, polymer, application, and area. Established on category, the overall masterbatch market has been categorized into color, additive, white, black, and filler. With respect to polymer, the industry has been broken down into PP, LDPE & LLDPE, HDPE, PET, PVC, PUR, PS and others. Established on application, the sector has been categorized into packaging, building & construction, automotive, consumer goods, textile, agriculture, and others. With respect to area, the overall masterbatch market has been categorized into Asia Pacific (APAC), Europe (EU), North America continent, South America region, and the Middle East (ME) & African continent.

Key Benefits

• Market segmentation established on category, polymer, application, and area

• Market dynamics including drivers, market restraints, and alternatives

• Porter's Five Forces Analysis

• Profile of main actors in the overall masterbatch market

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