Clariant (Switzerland), A. Schulman, Inc. (U.S.), PolyOne Corporation (U.S.), Plastika Kritis S.A. (Greece) and Plastiblends India Ltd. (India) account for a major share in the Additive Masterbatch Market - Report by MarketsandMarkets™

The report "Additive Masterbatch Market by Type (Antimicrobial, Antioxidant, Flame Retardants), Carrier Resin (PE, PP, PS), and End-use Industry (Packaging, Building & Construction, Consumer Goods, Automotive, Agriculture) - Global Trends & Forecasts to 2021", The market size of additive masterbatch is projected to reach USD 3.40 Billion by 2021, registering a CAGR of 6.0% between 2016 and 2021. Growth of the additive masterbatch market is triggered by rising demand from the packaging and automotive segments. It is widely used for industrial and household purposes, as well as for automotive bumpers, insulation panels, car bodies, and other applications.

Browse 84 market data Tables and 43 Figures spread through 151 Pages and in-depth TOC on "Additive Masterbatch Market"

https://www.marketsandmarkets.com/Market-Reports/additive-masterbatch-market-227086700.html

“Antimicrobial is the fastest-growing type of additive masterbatch”
The additive masterbatch market is segmented into antimicrobial additive, antioxidant additive, flame-retardant, and other additives, based on type. Antimicrobial additive accounts for a major share of the additive masterbatch market as it is used to control microbes in plastic products. The packaging industry drives the demand for additive masterbatch owing to rapid urbanization, development of retail & e-commerce, and the growing cosmetics and healthcare sectors in emerging countries such as China, India, and Brazil.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownload.asp?id=227086700

“Polyethylene carrier resin to dominate the additive masterbatch market”
Polyethylene is the most preferred type of carrier resin because of its superior properties, such as low density, high toughness, and moisture resistance, in comparison to the other resins.. LDPE & LLDPE are extensively used in additive masterbatch as they have various applications, including plastic bags & sheets, plastic wraps, toys, lids, buckets & containers, pipes, and others.

“Asia-Pacific to be the largest market during the forecast period”
The additive masterbatch market is broadly segmented into five regions, namely, Asia-Pacific, North America, Europe, the Middle East & Africa, and South America. Asia-Pacific is the largest market of additive masterbatch, in terms of value and volume. The increased consumption of plastics in the region has led to the expansion of plastic manufacturing plants. The per capita consumption of plastics is estimated to rise significantly during the forecast period. The rising demand for plastics in food, pharmaceutical, and consumer goods packaging is driving the market for additive masterbatch. The consumers demand appealing color and functionality for plastic products. Thus, additive masterbatch is added to enhance the properties of plastics, including scratch resistance, water resistance, chemical resistance, and others.

Global additive masterbatch market is dominated by various market players, such as Clariant AG (Switzerland), A. Schulman, Inc. (U.S.), PolyOne Corporation (U.S.), Plastika Kritis S.A. (Greece), and Plastiblends India Ltd. (India), among others.

"New Product Launches and Expansions are the Key Strategies Adopted by the Leading Players of the Global Additive Masterbatch Market"

Clariant AG launched a liquid additive masterbatch, which reduces discoloring of PET bottles. The new technology can be used in a variety of PET processes, including injection molding, blow molding, and extrusion. This new technology is expected to help the company have a competitive edge over its competitors.

A schulman proposed to add masterbatch production capacity of its production site in Givet, France. This expansion is expected to boost the company’s production for additive and black and white masterbatch in Europe. The company is focusing on expanding its production facilities to meet the demand for additive masterbatch in pharmaceutical and industrial applications.

Speak with our Expert @ https://www.marketsandmarkets.com/speaktoanalyst.asp?id=227086700

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
newsletter@marketsandmarkets.com

This release was published on openPR.