Additive Masterbatch Market will be observing an extensive growth over 2020-2025, Asia Pacific dominated the regional landscape

The additive masterbatch market is projected to be led by Asia Pacific owing to the significant surge in its industrialization and population. Asia Pacific is the largest consumer of plastics across the globe. With China producing over one-fourth of the global plastic production, Asia Pacific is anticipated to generate the maximum product demand during the forecast period.

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According to carrier resin, the industry is classified into polyethylene (PE), polystyrene (PS), polypropylene (PP), polyvinyl chloride (PVC), polyethylene terephthalate (PET) and few others such as poly carbonate, polybutylene terephthalate etc. Polyethylene is estimated to lead the additive masterbatch market share in the near future owing to its superior characteristics such as moisture resistance, low density and high toughness. These additives are widely used during the production of plastic wraps, plastic sheets & bags, lids, toys, pipes, buckets and containers etc. swelling the product market size in the upcoming years.

Company profiled in the additive masterbatch industry report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

1. PolyOne Corporation
2. Clariant AG
3. Plastiblends India Ltd.
4. Plastika Kritis S.A.
5. Polyplast Muller GmbH
6. Tosaf Group
7. DOW Corning Corporation
8. RTP Company
9. A. Schulman Inc.
10. Ampacet Corporation
11. O'neil Color & Compounding

Based on its types, the additive masterbatch market is segmented into flame retardant, antimicrobial, antioxidant and few others such as anti-static, UV stabilizer, anti-block etc. Antimicrobial masterbatches prevent any type of microbic growth in the plastic articles. It prevents the plastic from unpleasant odors, polymer degradation and discoloration. Likewise, the flame retardant masterbatches aids the plastic to reduce the flame spread, smoke & fume creation and heat release, that is expected to swell the product market size in the coming years.

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By Type, 2014-2025

1. Antimicrobial
2. Flame retardant
3. Antioxidant
4. Others (anti-static, UV stabilizer, anti-block etc.)

By Carrier Resin, 2014-2025

1. Polyethylene (PE)
2. Polystyrene (PS)
3. Polypropylene (PP)
4. Polyvinyl Chloride (PVC)
5. Polyethylene Terephthalate (PET)
6. Others (poly carbonate, polybutylene terephthalate etc.)

Based on end-use industries, the additive masterbatch market is categorized into building & construction, packaging, agriculture, consumer goods, automotive and few others such as electrical & electronics. Owing to the changing lifestyle and the upgraded standard of living, is bolstering the packaging market for the need for improved design, enhanced protection and moisture resistance.

Packaging industry is expected to drive the market share in the coming years owing to the major use of plastics in the additive masterbatch market. The plastics imparts durability, resistance to harsh chemicals, moisture and corrosion, low thermal conductivity etc. in considerably low cost. This surging trend in packaging industry is expected to swell the market in the forecast span.

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