Title: Global Masterbatch Market 2025: Industry Survey, Growth, Competitive Landscape and Forecasts to 2025
1 Global Masterbatch Market 2025
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2025
2Global Masterbatch Market 2025
Global Masterbatch Market 2025 Industry
Survey, Growth, Competitive Landscape and
Forecasts to 2025
- The global market for masterbatch is set to reach
USD 11,903.45 million by the end of 2023, asserts
Market Research Future (MRFR). MRFR analysis also
concludes that the global market is expected to
grow at a CAGR of 5.54 during the forecast
period (2018-2023). - The future of the global market is likely to be
lucrative owing to opportunities in numerous
end-use industries, which include packaging,
building and construction, consumer goods,
transportation, electrical and electronics, and
textile. Moreover, growing demand for plastic as
substitutes for various materials like metal,
concrete, and steel in various end-use industries
has worked tremendously in favor of the market. - MRFRs report provides a detailed segmental
analysis of the market on the basis of type,
application, end-use industry, and region. - By type, the market is segmented on the basis of
color, white, black, and additive. Among these,
the color masterbatch segment captured the
largest share of the market in 2017 and projected
to value USD 4202.4 million by the end of 2023.
One of the main factors responsible for this
growth is the excellent color distribution of
color masterbatch throughout the final plastic
product. Moreover, color masterbatches are easy
to store, feed, and handle, when compared to
powdered form pure colorants, a characteristic
likely to propel its demand and drive the market
growth.
3Global Masterbatch Market 2025
- Competitive Landscape
- Schulman, Inc.
- Cabot Corporation
- Clariant, PolyOne
- Plastika Kritis S.A.,Ampacet Corporation
- Americhem, Inc.
- Astra Polymers,Hubron International
- GABRIEL-CHEMIE Group
- Prayag Polytech, DongGuan HengCai Plastic Pigment
Ltd. - Plastiblends, POLYPLAST, GCR Group, Tosaf, and
RTP Company - Enquiry of the Report https//www.marketresearch
future.com/enquiry/5578
4Global Masterbatch Market 2025
Regional Analysis
- The global masterbatch market has been studied
with respect to five key regions Asia Pacific,
North America, Europe, Latin America, and the
Middle East Africa. - Asia Pacific dominated the global market in 2017
with a 42.78 share and expects to reach USD
4,782.10 million by the end of 2023. The market
in the region is presumed to grow at a modest
CAGR of 6.13 on account of increasing demand for
masterbatch in the packaging industry. Moreover,
the growth trajectory can also be attributed to
demand from the established automotive and
transportation industry in the region. Rising
consumer awareness coupled with favorable
government initiatives in developing economies
such as China, India, Malaysia, and South Korea
have fueled the market growth as well. - On the other hand, North America is projected to
be the second-largest masterbatch market, with
the United States (U.S.) ruling the regional
market. This position has been achieved due to
the substantial growth in automotive, packaging
and consumer goods industries. Hence, strong
establishment of industries and strong presence
of market players in the region have resulted in
the remarkable performance of the market. - Europe is another substantial market where
economies such as Germany, the UK, France, Italy,
and Russia play significant roles in adding to
this growth. Meanwhile, the markets in Latin
America and the Middle East Africa claimed
relatively smaller shares of the global
masterbatch market in 2017 due to undeveloped
infrastructures, slow economic growth as well as
slow industrialization. - Access Full Report Details and Order this Premium
- Report https//www.marketresearchfuture.com/r
eports/masterbatch-market-5578 -
5Global Masterbatch Market 2025
Application Major Players in this Research
- Packaging
- Consumer products
- Building and construction
- Automobile industry
- Electrical and electronics
- Consumer goods
- Agriculture
- Textile
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