Press release
Masterbatches Market is Expected to Expand at US$ 50.79 Bn in 2027|POLYONE Corporation, Clariant AG
Masterbatches Market 2022-2027
On the basis of a robust growth of CAGR- 5.9%, global masterbatches market is expected to witness tremendous growth during the projected period of 8-years, i.e. between 2017 and 2027. This growth is expected to be primarily fuelled by industrialization in developing regions and rising demand in infrastructural development. According to this report, global masterbatches market is estimated to be valued at US$ 32.8 Bn in 2017 and is expected to expand at US$ 50.79 Bn in 2027.
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In a new report titled, "Masterbatches Market: Global Industry Analysis (2012-2016) and Forecast (2017-2027)," Persistence Market Research has not only offered the forecast analysis but has also represented the historical data of the global masterbatches market.
Key Players:
The report has profiled some of the important players prevalent in the global like - POLYONE Corporation, Clariant AG, Ampacet Corporation, A. Schulman, Americhem, Techmer, Standridge Color Corportation, BASF SE, TOSAF, Cabot Corporation, FERRO-PLAST S.r.l., Marval industries, Inc., RTP Co., Uniform Color Company, Dongguan GreenTech Plastics Co., Ltd and more.
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Masterbatches Market.
Global Masterbatches Market: Trends
Emerging growth in medical applications
Increasing demand for different masterbatch formulations for flexible and rigid packaging
Growing advancement in blow molding technology
High demand for film extrusion masterbatches
Growing demand for color masterbatches in the food & beverage industry
Specialty masterbatches in the plastic and fiber segment
Embracing color masterbatches in various end-use applications
Increasing demand for masterbatches in the packaging and automotive industry
Additives - the fastest growing segment of masterbatches
Pet type anti-block masterbatch
Flame retardant masterbatches for thermoplastics
Global Masterbatches Market: Forecast by Product
On the basis of product type, the global masterbatches market is segmented into solid masterbatch and liquid masterbatch. Solid masterbatch and liquid masterbatch both are sub-segmented into functional additives, color, black, and white. With an estimated 69.5% of overall market share by value in 2017, the solid masterbatches type is the most prominent product type. Further, the rising demand for color masterbatches in wide range applications, mainly in packaging and automotive, leads to the growth of the product type segment of global masterbatches market during the forecast period. The liquid masterbatches segment is expected to expand at a CAGR of 5.8% in terms of value over the forecast period.
Global Masterbatches Market: Forecast by Application
On the basis of application, the global masterbatches market is segmented into packaging, transportation, cosmetics and pharmaceuticals, electronic and electrical, construction, consumer products and others. Transportation segment is sub-segmented into automotive, aerospace, and marine. The packaging segment is expected to account for a 33.7% value share by 2027, and is expected to expand at relatively high growth rate of 6.4% over the forecast period.
Global Masterbatches Market: Forecast by Region
Five regions have been covered in this report namely, North America, Latin America, Europe, APAC, and MEA. The European masterbatches market is estimated to account for US$ 14.62 Bn by 2017 end, and is projected to expand at a CAGR of 6.1% in terms of value over the forecast period. Technology, product enhancement, and diverse end-user applications of masterbatches are the prime factors boosting the demand in the region. APAC is projected to expand at a CAGR of 6.3% over the forecast period to account for 18.9% value share by 2027. On the other hand North America is expected to grab 23.2% value share in 2017, which is likely to drop down to 23% in 2027.
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Key Stakeholders
Masterbatches Market Manufacturers
Masterbatches Market Distributors/Traders/Wholesalers
Masterbatches Market Subcomponent Manufacturers
Industry Association
Downstream Vendors
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Masterbatches Market - Report Highlights
A detailed overview of parent market of Masterbatches Market
Changing Masterbatches Market dynamics in the industry
In-depth segmentation of the Masterbatches Market
Historical, current, and projected Masterbatches Market size regarding volume and value
Recent industry trends and developments in Masterbatches Market
Competitive landscape of the Masterbatches Market
Strategies for key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on Masterbatches Market performance
Must-have information for Masterbatches Market players to sustain and enhance their market footprint
Key Questions Answered in the Masterbatches Market Report
How is the Masterbatches Market expected to grow over the projected period?
What direction is the Masterbatches Market expected to take in terms of volume and value during the forecast period?
What is the impact of macroeconomic factors on the Masterbatches Market in future?
What are the key market drivers in the Masterbatches Market?
What are significant opportunities and improvement areas for Masterbatches Market manufacturers?
What are the key developments and trends taking over the Masterbatches Market?
Which are the emerging countries that are expected to create significant growth opportunities in the Masterbatches Market?
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