Oct 17, 2022   SOURCE: BusinessWire

Global Masterbatch Market Report to 2030 - Featuring Basell Polyolefins, Cabot and Plastiblends India Among Others - ResearchAndMarkets.com

The "Global Masterbatch Market Analysis: Plant Capacity, Production, Operating Efficiency, Technology, Demand & Supply, Product Type, End Use, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030" report has been added to ResearchAndMarkets.com's offering.

The global Masterbatch demand stood at 5.63 Million Tonnes in 2020 and is forecast to reach 9.06 Million Tonnes by 2030, growing at a healthy CAGR of 5.29% until 2030.

Some of the leading manufacturers operating in the global masterbatch market include Avient (PolyOne) Corporation, Basell Polyolefins, Cabot Corporation, Plastiblends India Pvt Ltd, Ampacet Speciality Product Pvt. Ltd, M S Polymer-Technik Elbe Gmbh, Tosaf Group, Ingenia Polymers Corporation, Changzhou Hongmei Plastic Masterbatch Co., Ltd., Hubron International, and others.

A masterbatch is an additive that enhances the aesthetics of polymers along with improvising their mechanical properties. Masterbatch is bifurcated into four different types depending upon the aesthetics and properties required in the downstream products. Since a large share of masterbatch is consumed mainly in polymer production, there is a consistent increment in masterbatch demand from the automotive and construction industry. As players are continuously replacing the traditional metal structures with polymer materials due to their superior properties, significant growth in the masterbatch market can be expected in the coming years.

The demand for masterbatch has increased ever since the outbreak of COVID-19, following the unprecedented rise in demand for polymers for plastic packaging amidst the fears of contagion amongst the people. Although the masterbatch consumption was negatively affected in the construction and automotive industry due to the drastic fall observed in the end-user sectors in Q2 of 2020, the demand is expected to bounce back at a substantial pace following the efforts of various governments to revive their respective sputtering economies.

Increasing demand for biodegradable masterbatches in the food-grade packaging industry is paving way for the entry of new players in the domestic market. On 1 July 2020, PolyOne Corporation announced the acquisition of the masterbatch businesses of Clarinet Chemicals India Limited and Clariant Corporation. Post the acquisition of the two renowned enterprises, PolyOne Corporation also announced that it will now be referred to as Avient Corporation.

Asia Pacific region dominates the consumption share of masterbatch globally and is expected to continue being the largest consumer in the forecast period following the rapid industrialization and shift in European manufacturing houses to Asia due to comparatively less production costs. Furthermore, North America is likely to observe a substantial increase in demand, backed by the enhanced stress on the development of eco-friendly polymers and masterbatches in compliance with government norms.

Availability of cheap and low-quality materials to produce plastic at reduced costs can act as a major restraint for the growth of the masterbatch market. Besides, a ban on single-use plastics due to pollution concerns can impact the steady growth of masterbatch in the coming years.

Years Considered for this Report:

  • Historical Years: 2015 - 2019
  • Base Year: 2020
  • Estimated Year: 2021
  • Forecast Period: 2022 - 2030

Objective of the Study:

  • The primary objective of the study was to evaluate and forecast Masterbatch capacity, production, demand, inventory, and demand-supply gap globally.
  • To categorize Masterbatch demand based on type, end use, and region.
  • To identify major customers of Masterbatch globally.
  • To evaluate and forecast Masterbatch pricing globally.
  • To identify and profile major companies operating in the global Masterbatch market.
  • To identify major news, deals, and expansion plans in the global Masterbatch market.

Key Topics Covered:

1. Global Masterbatch Market Outlook, 2015-2030

1.1. Capacity, By Volume

1.1.1. By Company

1.2. Production, By Volume

1.2.1. By Company

1.3. Operating Efficiency

1.3.1. By Company

2. Global Masterbatch Demand Outlook, 2015-2030, By Volume

2.1. By Product

2.2. By End Use

2.3. By Region

2.4. By Company

3. North America Masterbatch Market Outlook, 2015-2030

4. North America Masterbatch Demand Outlook, 2015-2030, By Volume

5. Asia Pacific Masterbatch Market Outlook, 2015-2030

6. Asia Pacific Masterbatch Demand Outlook, 2015-2030, By Volume

7. Europe Masterbatch Market Outlook, 2015-2030

8. Europe Masterbatch Demand Outlook, 2015-2030, By Volume

9. MEA Masterbatch Market Outlook, 2015-2030

10. MEA Masterbatch Demand Outlook, 2015-2030, By Volume

11. South America Masterbatch Market Outlook, 2015-2030

12. South America Masterbatch Demand Outlook, 2015-2030, By Volume

13. By Region

14. News and Deals

For more information about this report visit https://www.researchandmarkets.com/r/jkc9d5