Press release
Masterbatch Market Growth Analysis 2024 By Top Key Players - A. Schulman, Inc., Plastiblends, DIC Corporation, Hubron International, Tosaf Group, Penn Color, Clariant, Cabot Corporation, PolyOne
Latin America holds a significant share of the masterbatch market which made a revenue of more than USD 250 million in 2024. Increasing demand for the product from Brazil and Mexico would augment the masterbatch market development in the study period. Growing production of automotive parts and components in Latin America owing to local as well as international demand will positively influence the regional masterbatch demand over the coming years.
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Masterbatch Market will likely surpass USD 13 billion by 2024; according to a new research report. Masterbatch market would witness a significant gain in the upcoming years due to the advancements in the automotive industry. Innovation in the automotive industry has led to replacement of metal auto parts for plastic ones. This would drive the demand for polymers in automotive industry, promoting masterbatch market growth by the end of forecast period. Government investment proposals and stable policy outline for automobile manufacturers in Asia Pacific along with shifting customer preferences toward better living standards with increasing per capita income in the region will significantly impact market growth by 2024. Rising demand for biodegradable products could be another driver supporting this growth.
The major packaging applications of this product are laminations, coating, agriculture, protective films, thin wall packaging, fibers and non-woven, labels, bottles, injection molded articles, etc. This product segment is most likely to exhibit a growth rate of approximately 5% in the forecast period. Construction is an important end-user section owing to the product usage in plumbing systems such as pipes, valves, tanks; electrical systems such as switches, wires & cables; insulation materials, etc. The product is an ideal fit for these applications as it offers various performance features like UV resistance, color fastness, mechanical stability, flame retardancy puncture and tear resistance. This sector would propel at a rate of more than 5% in the study period.
Advances in the electronics industry will enhance the demand for masterbatches as it offers required aesthetic and performance characteristics to electronic devices. Rapid urbanization coupled with rising disposable income of consumers in developing countries would elevate the requirement for consumer goods which would further elevate the demand in the masterbatch market in the study period. But issues like expensive raw materials, strict government regulations and widening supply-demand gap could deter the masterbatch market progress in the forecast period.
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Major companies of the masterbatch market are A. Schulman, Inc., Plastiblends, DIC Corporation, Hubron International, Tosaf Group, Penn Color, Clariant, Cabot Corporation, PolyOne, RTP Company, Ampacet Corporation etc.
Table of Content:
Chapter 1. Methodology and Scope
1.1. Methodology
1.1.1. Initial data exploration
1.1.2. Statistical model and forecast
1.1.3. Industry insights and validation
1.1.4. Definitions & forecast parameters
1.1.4.1. Definitions
1.1.4.2. Forecast parameters
1.2. Data sources
1.2.1. Primary
1.2.2. Secondary
Chapter 2. Executive Summary
2.1. Masterbatch industry 360 degree 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
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 plastic over metals in automotive industry
3.4.1.2. Increasing demand for biodegradable masterbatches
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. Patent landscape
3.8. Porter's analysis
Chapter 4. Masterbatch Market, Product By End-User
4.1. Masterbatch market share by product, 2017 & 2024
4.2. Black
4.2.1. Market estimates and forecast, 2013 - 2024
4.2.2. Market estimates and forecast, by end-user, 2013 - 2024
4.2.3. Market estimates and forecast, by region, 2013 - 2024
4.3. White
4.3.1. Market estimates and forecast, 2013 - 2024
4.3.2. Market estimates and forecast, by end-user, 2013 - 2024
4.3.3. Market estimates and forecast, by region, 2013 - 2024
4.4. Color
4.4.1. Market estimates and forecast, 2013 - 2024
4.4.2. Market estimates and forecast, by end-user, 2013 - 2024
4.4.3. Market estimates and forecast, by region, 2013 - 2024
4.5. Additive
4.5.1. Market estimates and forecast, 2013 - 2024
4.5.2. Market estimates and forecast, by end-user, 2013 - 2024
4.5.3. Market estimates and forecast, by region, 2013 - 2024
Chapter 5. Masterbatch Market, By End-user
5.1. Masterbatch market share by end-user, 2017 & 2024
5.2. Automotive
5.2.1. Market estimates and forecast, 2013 - 2024
5.2.2. Market estimates and forecast, by region, 2013 - 2024
5.3. Consumer goods
5.3.1. Market estimates and forecast, 2013 - 2024
5.3.2. Market estimates and forecast, by region, 2013 - 2024
5.4. Packaging
5.4.1. Market estimates and forecast, 2013 - 2024
5.4.2. Market estimates and forecast, by region, 2013 - 2024
5.5. Agriculture
5.5.1. Market estimates and forecast, 2013 - 2024
5.5.2. Market estimates and forecast, by region, 2013 - 2024
5.6. Construction
5.6.1. Market estimates and forecast, 2013 - 2024
5.6.2. Market estimates and forecast, by region, 2013 - 2024
5.7. Others
5.7.1. Market estimates and forecast, 2013 - 2024
5.7.2. Market estimates and forecast, by region, 2013 - 2024
Chapter 6. Masterbatch Market, By Region
Chapter 7. Company Profiles
More Details on this Report At: https://www.marketstudyreport.com/reports/masterbatch-market
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United States Color Masterbatch Market Report 2018
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https://www.marketstudyreport.com/reports/united-states-color-masterbatch-market-report-2018/?utm_source=RR-PSR
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