Additive masterbatch market share forecast to witness considerable growth from 2019-2025

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Additive Masterbatch Market share research by
applications and regions for 2019-2025 Global
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Overview of Additive Masterbatch Market

• 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.
• Additive Masterbatch Market size is projected to
  grow at an ascending rate in the forecast
  timespan owing to positive demand for plastics
  with additional properties during packaging
  processes. Additive masterbatches are liquid or
  solid additive that are put in plastic processes
  to impart additional features such as coloring,
  anti-static, glow in the dark, laser marking,
  flame retardance, etc. The low product cost and
  decent application of the additive during plastic
  manufacturing process is expected to bolster the
  market in the near future. The product enhances
  the plastic properties to provides water,
  chemical, scratch and UV resistance
  characteristics. The growing trends in the
  plastic industry will complement the overall
  product market demand. For instance, the global
  plastic production surged heavily from over 280
  million tons in 2012 to over 345 million tons in
  2017, with China registering for over one-fourth
  of the global plastic production. This heavy
  propulsion for the production of plastic globally
  is projected to augment the market size in the
  coming years. Moreover, the escalating
  industrialization and urbanization in the
  emerging economies coupled with the shifting
  trend for using plastics instead of metals due to
  its high prices will likely fuel the additive
  masterbatch market revenue in the forecast
  timeframe.

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• However, stringent regulations and the growing
  awareness regarding the minimum use of plastics
  may prove to become an obstacle in the growth of
  product industry size. Several developed and
  developing countries have completely banned the
  use of plastic products, that can act as a
  restraint in the product market in the near
  future. Although, strong demand for the
  masterbatches from the food and beverage
  packaging industry is projected to generate
  copious opportunities in the upcoming years.
• 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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• 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.
• Based on end-use industries, the 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 industry. 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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• Additive masterbatch market is contributed by
  numerous key companies involved in the trade i.e.
  PolyOne Corporation, Clariant AG, Plastiblends
  India Ltd., Plastika Kritis S.A., Polyplast
  Muller GmbH, Tosaf Group, DOW Corning
  Corporation, RTP Company, A. Schulman Inc.,
  Ampacet Corporation and O'neil Color
  Compounding.

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Methodology

• Market
  research reports Key analytical components

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