Masterbatch Market is Expected to Grow at a CAGR of 5.29% by 2030 - PowerPoint PPT Presentation

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Masterbatch Market is Expected to Grow at a CAGR of 5.29% by 2030

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Masterbatch Market Analysis: Plant Capacity, Production, Operating Efficiency, Technology, Demand & Supply, End-User Industries, Distribution Channel, Regional Demand, 2015-2030”. Masterbatch market registered demand of 5.63 million tons in 2020 and is predicted to reach 9.06 million tons by 2030, growing at a healthy CAGR of 5.29% through 2030 attributed to its use as an additive for enhancing the color aesthetics and improving the mechanical properties such as texture, durability, etc. of polymers or plastics. – PowerPoint PPT presentation

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Title: Masterbatch Market is Expected to Grow at a CAGR of 5.29% by 2030


1
Masterbatch Market is Expected to Grow at a CAGR
of 5.29 by 2030
According to ChemAnalyst report, Masterbatch
Market Analysis Plant Capacity, Production,
Operating Efficiency, Technology, Demand
Supply, End-User Industries, Distribution
Channel, Regional Demand, 2015-2030. Masterbatch
market registered demand of 5.63 million tons in
2020 and is predicted to reach 9.06 million tons
by 2030, growing at a healthy CAGR of 5.29
through 2030 attributed to its use as an
additive for enhancing the color aesthetics and
improving the mechanical properties such as
texture, durability, etc. of polymers or
plastics. A Masterbatch exists in either solid or
liquid form and is classified into four different
types i.e. Black, White, Color and additive
masterbatch, depending upon the required
properties and aesthetics in the derived
products. All these types find applications in
various domains such as White masterbatch has a
wide range of applications including lamination,
coating, protective films, fibers and in non-
woven, pipes, blow and injection moulding. Black
masterbatch consist of specially selected carbon
blacks that not only impart coloration but also
offer enhanced properties like superior UV
protection, high jetness and food contact
approval. Therefore, black masterbatch is
employed in various applications including thin
films, thick films and sheet extrusion, pipes and
irrigation laterals, polyester staple fiber,
non-woven fabrics, PET sheet. Colour masterbatch
are high grade pigments that offer colour
flexibility and thermal stability making them
most desirable for plastic products. In
addition, these products due to their exception
qualities are
2
being employed in various applications such as
insulation cables, injection moulding and blow
moulding of bottles. Read Full Report Here
https//www.chemanalyst.com/industry-
report/masterbatch-market-319 Majority of the
share of total masterbatch is consumed mainly in
polymer production as in automotive and
construction sectors manufacturers are replacing
the conventional metal structure with the
polymers materials owing to their better
properties thereby, incrementing the demand for
masterbatch in the coming years. Since the
outbreak of Covid-19, a trajectory rise has been
witnessed in the demand for masterbatch
especially in additive masterbatch due to upsurge
in the consumption of polymers for packaging
amidst pandemic following by the incline in the
e-commerce. Though, there was a decline in the
demand of masterbatch from automotive and
construction sectors as these are the most
drastically hit sectors in the first half of
2020. However, in the latter half of 2020 the
industries become operational with their full
efficacy and efficiency after the upliftment in
the lockdowns, the demand for Masterbatch is
bounced back at a substantial pace following the
high demand from various end use industries and
speedy recovery of automobile and construction
sectors coupled with the efforts of the
governments of various countries to recuperate
their respective economies. Read Free Request
Sample Online https//www.chemanalyst.com/ChemAn
alyst/RequestForm Regionally, Asia pacific
accounted for the major share of the global
Masterbatch market and is anticipated to grow at
a promising rate due to rapid growth in
automotive and Polymer industries coupled with
the massive investments in construction projects
in the region. Additionally, flourishing food and
beverage industry in the region is also going to
boost the future Masterbatch demand in APAC
region with the increasing shift towards packed
food. North America and Europe are also expected
to witness a significant Masterbatch market
growth over the forecast period.
3
According to ChemAnalyst report, Masterbatch
Market Analysis Plant Capacity, Production,
Operating Efficiency, Technology, Demand
Supply, End-User Industries, Distribution
Channel, Regional Demand, 2015-2030, Some of the
major players operating in global Masterbatch
market include Avient (PolyOne) Corporation,
Basell Polyolefins, Cabot Corporation,
Plastiblends India Pvt Ltd, Ampacet Speciality
Product Pvt. Ltd, M S Polymer-Technik Elbe Gmbh,
Tosaf Group, Ingenia Polymers Corporation,
Changzhou Hongmei Plastic Masterbatch Co., Ltd.,
Hubron International, and others. Global
Masterbatch market, being linked to packaging,
automotive and consumer goods industries, has
shown a robust growth alongside growing
population, urbanization, rise in per capita
income and changing customers preferences. A
significant growth is witnessed in its market, as
Masterbatch are the most cost effective in
compared to other coloring methods as well as
easy and convenient method of adding colors to
product and there are no safety hazards or health
risks associated with them. Moreover, several
manufacturers are more focused to produce
biodegradable masterbatch that is gaining
popularity in food packaging industry along with
other consumer goods, is likely to offer a
potential boost to the Masterbatch industry in
the forecast years. At this, it is extremely
important to keep an eye which region will grab
the biggest market share in the upcoming years.
said Mr. Karan Chechi, Research Director with
TechSci Research, a research based global
management consulting firm promoting
ChemAnalyst. About Us ChemAnalyst is a one
stop digital platform that offers comprehensive
market intelligence data and in-depth analysis
of the Indian chemical and petrochemical
industry. ChemAnalysts team of 100 analysts are
engaged in tracking chemical prices daily,
production capacity, demand and supply outlook,
manufacturing plant locations, foreign trade
data and news/deals for more than 400 major
chemicals produced in India. ChemAnalyst is
promoted by TechSci Research which is an award
winning research based management consulting firm
providing market research and advisory solutions
to the customers worldwide, spanning a range of
industries including Chemicals Material,
Automotive, Consumer Retail, ICT, Energy
Power, Aerospace Defense, Water and Waste
Management, BFSI and more.
4
Contact Us Nilesh Vishwakarma B-44 Sector-57
Noida, National Capital Region Tel
0120-4523948 Mob 91-8882336899 Email
info_at_chemanalyst.com Website https//www.chemana
lyst.com/
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