Press release
Oxygen Scavenger Masterbatch Market Demand, Size Analysis, DROT, PEST, Porter’s, Region & Country Forecast Till 2026
According to the current analysis of Reports and Data, the global Oxygen Scavenger Masterbatch Market was valued at USD 18.2 Million in 2018 and is expected to reach USD 32 Million by the year 2026, at a CAGR of 7.3%. Oxygen scavenger masterbatch preserves perishable items by significantly reducing the oxygen content in the plastics used in packaging. Oxygen Scavenger Masterbatch, also known as oxygen absorbent masterbatch or additive, is used in active packaging applications to absorb oxygen from the food packaging environment and extend the shelf life of the item. It helps maintain the freshness, taste, and color of a range of packaged foods, including processed meats, pet snacks, packaged coffee powders, dried meats, and ready-to-eat meals. Increasing demand for meat & dairy products around the globe will propel oxygen scavenger masterbatch demand by 2025. The presence of oxygen in perishable food products has been found to affect the packaged food shelf life negatively. These trends are driving specialty masterbatch demand in the food packaging sector. Oxygen absorber masterbatch significantly reduces oxygen content within the packaging products and helps in extending the life of packaged food. Growing meat & dairy product consumption will drive the demand for smart and intelligent packaging, which will further increase oxygen absorber masterbatch market demand by 2025.
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Top Companies Profiled in the Report:
Clariant AG, Albis Plastic GmbH, Henkel AG & Co., KGaA, Gabriel-Chemie Gesellschaft GmbH, NanoBioMatters Industries S.L, Tosaf Inc., PolyOne Corporation, Mitsubishi Gas Chemical Company, Inc., CSP Technologies, Inc., Sealed Air Corporation, Mondi Plc, and Berry Global, Inc.
Market Overview:
The materials and chemicals industry uses diverse raw materials, from air and minerals to oil to create an immense variety of products (such as petrochemicals, agrochemicals and fragrances). The chemical industry produce basic chemicals (sold within the chemical industry), specialty chemicals (for paints and inks, crop protection), and consumer chemicals (sold directly to public such as detergents). The development of digital technologies (such as advance analytics) and increasing environment concerns has led materials and chemicals industries to explore decarbonization technologies
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Global Oxygen Scavenger Masterbatch Market Segmentation:
Product (Revenue, USD Million; Volume in Kilo Tons, 2016–2026)
Organic Oxygen Scavenger Masterbatch
Inorganic Oxygen Scavenger Masterbatch
Application (Revenue, USD Million; Volume in Kilo Tons, 2016–2026)
Flexible Packaging
Rigid Packaging
Regional Analysis covers:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
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Thank you for reading our report. For customization of the report, contact Reports and Data for an Analyst Brief. Our Report offer actionable insights into industry to help customers and investors understand the market dynamics and formulate strategic investment plans.
Major Highlights of the Global Oxygen Scavenger Masterbatch Market Report:
The study analyzes the various manufacturing processes of the products offered by this industry, alongside determining their respective market shares and contribution to the overall business development.
It offers critical insights related to the production capacity, estimated growth, and revenues amassed by each regional segment over the projected timeframe.
The report encompasses crucial information, for instance, product pricing patterns, total revenue generated, and anticipated growth rate of each product and application type.
The report further emphasizes the product portfolios of each of these companies and the respective specifications and applications of these products.
Production capacity, manufacturing costs, gross margins, pricing models, and revenue shares of these companies have also been discussed at the end of this report.
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Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.
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