Press release
Masterbatch Market Trend to 2024 Clariant, BASF, The Dow Chemical Company, Cabot Corporation, RTP Company, Ampacet Corporation, Tosaf Group, A. Schulman, Inc., Hubron International and PolyOne Ltd
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Masterbatch Market is forecast to exceed USD 14 billion; according to a new research report . The market will be growing with a CAGR of around 5.4% in projected timeframe. Increasing application of plastic over metal in automobile industry will augment market growth. Several government investment initiatives and supporting policy outlined for automotive producers in Asia Pacific will enhance market growth during forecast period.
Further positive shift in buyer preferences towards better living standards coupled with growing consumer purchasing power in the region will gain significant returns for automotive industry. Thus, global masterbatch market will be positively driven by automotive industry, indorsing growth for various masterbatch products over coming years.
The demand for masterbatch product is restrained by growing masterbatch products prices. Variation in market dynamics coupled with rise in raw material prices is inflating the price of masterbatch products. Hence rise in market prices will undesirably impact the industry over the forecast timeframe. Further, strict government regulation implemented to protect human health and environmental pollution worldwide, limits the usage of specific pigments in masterbatch product due to harmful health hazard which will negatively impact market demand over the forecast period.
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Automotive industry is likely to witness high demand from Asia Pacific. Further government high investment in this sector, will augment polymers market in projected timeframe. Agriculture segment is significantly contributing toward market growth at CAGR of over 6.0%, market is substantially driven by increasing cultivation activities and rapidly growing population.
Masterbatch market has several number of local and global masterbatch producer and distributors functioning across the globe. The prominent market leaders are RTP, BASF, Clariant, Cabot Corporation, PolyOne, Tosaf Group., Plastika Kritis and Ampacet. Few of the companies of this industry follow market integration to enhance their product portfolio and supply chain.
Partial Chapter of the Table of Content
Chapter 2. Executive Summary
2.1. Masterbatch industry 360° synopsis, 2013 – 2024
2.1.1. Business trends
2.1.2. Product by end-user trends
2.1.3. End-user trends
2.1.4. Regional trends
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Chapter 3. Masterbatch Industry Insights
3.1. Industry segmentation
3.2. Industry size and forecast, 2013 - 2024
3.3. Industry ecosystem analysis
3.3.1. Vendor matrix
3.3.2. Distributor channel analysis
3.3.3. Profit margin
3.3.4. Value addition at each stage
3.4. Industry impact forces
3.4.1. Growth drivers
3.4.1.1. Increasing application of plastics over metals in automotive industry
3.4.1.2. Increasing demand for biodegradable masterbatch
3.4.2. Industry pitfalls & challenges
3.4.2.1. Increasing price of masterbatch product
3.5. Growth potential analysis
3.6. Regulatory trends
3.6.1. U.S.
3.6.2. Europe
3.6.3. China
3.7. Porter’s analysis
3.7.1. Buyer’s power
3.7.2. Supplier’s power
3.7.3. Threat of substitutes
3.7.4. Threat of new entrants
3.7.5. Degree of competition
3.8. Competitive landscape
3.8.1. Company market share analysis, 2016
3.8.2. Strategy dashboard
3.8.3. List of manufacturing plants
3.9. PESTEL analysis
3.10. Cost structure analysis
3.10.1. Research & development costs
3.10.2. Manufacturing & equipment costs
3.10.3. Raw material costs
3.10.4. Distribution costs
3.10.5. Operating costs
3.10.6. Miscellaneous costs
3.11. Regional pricing analysis
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