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Additive Masterbatch Market to Record a Sluggish CAGR of 3.3% through 2017-2025
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The report analyzes the global additive masterbatch market across the key geographies of North America, Europe, Latin America, Asia Pacific, and the Middle East & Africa. Europe will continue to lead the global market in terms of market share, and is estimated to hold a value share of more than 35% throughout the forecast period. The region will also witness significant opportunities for growth. The APAC region will grow at a significant pace during the forecast period and hold about 30% market share towards the close of 2025. APAC will register a CAGR of 4.3% in terms of value – the highest among all the regional markets.
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The global additive masterbatch market is segmented on the basis of 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) and Application (Automotive, Agriculture, Building & Construction, Packaging, Electrical & Electronics).
In terms of volume, the flame retardant and UV stabilizer segments will witness significant growth opportunities in the global additive masterbatch market. The flame retardant segment is projected to hold a dominant share throughout the forecast period (more than 35%). This segment will create total incremental $ opportunity of US$ 428.9 Mn between 2017 and 2025. Flame retardant will also be the most attractive market segment by type.
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In this report, Persistence Market Research has profiled some of the top companies operating in the global additive masterbatch market. The following company profiles can be found in the report – Clariant International AG, A. 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).
Tier-1 manufacturers of additive masterbatch such as AG, A Schulman, PolyOne Corporation, Ampacet Corp. etc., account for around 40%-55% of the overall market. Tier-2 manufacturers such as Cromex S/A, etc. account for 15%-30% share of the global market while the Tier-3 category – generally comprising small and medium manufacturers of additive masterbatch – account for about 10%-25% market share.
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Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
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