Press release
Additive Masterbatch Market to Offer Ample Growth Opportunities by 2031| Key Players- Clariant International AG, A. Schulman and more
Additive Masterbatch Market Forecast to 2030
The revenue generated by the additive masterbatch market is anticipated to reach US$ 7.58 billion by 2030 with a CAGR of 6.35%, according to estimates for the global market.
The Additive Masterbatch Market is a rapidly growing industry that has seen major advances in production technologies, material selection, and product applications over the past decade. Additive masterbatches are specialized materials used to add a range of properties to a wide variety of substrates during the manufacturing process, including surface finishes, improved performance, additional durability, enhanced physical or chemical characteristics, and aesthetic improvements. Additives are typically added in the form of an encapsulated powder or liquid solution. Additives are selected based upon their effectiveness at delivering specific desired outcomes that reflect customer requirements.
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The global additive masterbatch market is poised for significant growth over the next eight years. A new publication by Persistence Market Research titled "Additive Masterbatch Market: Global Industry Analysis 2012-2020 & Forecast 2020-2030" forecasts the global additive masterbatch market to register a CAGR of 6.3% in terms of volume.
Major end-use industries served by the Additive Masterbatch market include packaging, automotive, electrical & electronics, medical & healthcare, building & construction and many others. Additive masterbatches provide excellent cost savings for these industries when compared to traditional methods of adding additives directly into products during production.
Key Companies-
• Clariant International AG
• Schulman, Inc.
• Cabot Corporation
• Cromex S/A
• Ampacet Corporation
• Polyone Corporation
• Hubron International
• Polyplast Muller GmbH
• MARVAL INDUSTRIES, INC.
• GRAFE ADVANCED POLYMERS GMBH
• Kunststof-Kemi Skandinavia A/S
• Tosaf Group
• KRAIBURG TPE (Thermoplastic Elastomer Manufacturer)
• Others.
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Additive Masterbatch Market Segmentation-
Additive Masterbatch Market By Type
• CO2 Barrier
• Oxygen Scavenger
• Metal Deactivators
• Anti-Foaming Agents
• Antioxidant
• Anti-Block
• Anti-Static
• Flame Retardant
• Anti-Microbial
• UV-Stabilizer
• Thermo-Stabilizer
• Laser-Marking
Additive Masterbatch Market By Application
• Automotive
• Agriculture
• Building & Construction
• Packaging
• Electrical & Electronics
Additive Masterbatch Market By Region
• North America
• Europe
• Latin America
• Asia Pacific
• Middle East & Africa
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Manufacturers have increasingly been focusing on developing innovative new products and expanding their presence globally by setting up manufacturing facilities abroad with an aim towards tapping into new markets and tapping into growth potentials across different regions globally particularly Asia Pacific region which is projected to witness highest growth rate over the forecast period due largely increased industrial activities coupled with positive outlook towards adoption of Additives Masterbatches amongst manufacturers across diverse end-use industries present in this region .
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