Masterbatch Market Size & Forecast Report, 2014 - 2025

The global masterbatch market size is expected to value at USD 15.81 billion by 2025, during the forecast period. The market is subject to witness substantial growth due to the rise in the demand for plastics to substitute metal in end-user industries such as automobile, construction, consumer goods, and packaging. Additionally, the rise in demand from various regions across the globe is the key factor responsible for the growth of the market in recent years. Color masterbatch is one of the fastest-growing segments with substantial revenue generation in recent years. Globally, the market is predicted to grow at a CAGR of 6.6% in the forecast period, providing numerous opportunities for market players to invest in research and development in the masterbatch market.

Rising demand associated with an enhancement in the surface appearance of plastic components in various industries is anticipated to boost the demand of the masterbatch market over the forecast period. Additive masterbatch is considered as one of the fastest-growing segments due to vital properties associated with its adoption that include an antistatic, anti-foaming, anti-oxidant, antimicrobial, thermal stabilizer, and barrier properties. Other important properties such as metal deactivators, anti-blocking agents, flame deterrence, ultra-violet stabilizer, oxygen scavenger, and erosion resistance are also contributing to the rising demand for additive masterbatch. With recent advancements in plastic packaging, the sector is expected to propel the growth of the masterbatch market over the forecast period.

Masterbatch is an important variant in different end-user industries including the packaging sector, construction sector, consumer goods market, automobile, and crop harvesting. The rising adoption of the masterbatch is directly related to its functional properties like smoother surface finish and desired hardness. Rising preference towards packaged goods by consumers is predicted to impact the need for different plastic products. In such cases, the adoption of masterbatches to enhance the overall surface appearance of the plastic component has become vital. Such factors are tremendously contributing to the growth of masterbatch industry demand in recent years.

There has been substantial growth in the packaging sector across the globe on the account of the increase in e-commerce business. Numerous are focusing on appealing product packaging to draw potential customers, to gain maximum profit for their products. Adoption of masterbatches alongside various makes attractive packaging is considered as one of the key factors for the expansion of this market.

The rise in the popularity of different variants of polyethylene including high-density polyethylene, low-density polyethylene, and linear polyethylene, has accounted for the increase in the adoption of polyethylene as a carrier polymer in various end-user industry segments. Polyethylene products allow different shades formation during packaging that leads to easy product differentiation, thus driving growth in the color masterbatch market segment over the forecast period. Adoption of polyethylene during automobile manufacturing is vital to make the surface of a vehicle glossy.

Masterbatch (MB) is commonly termed as a solid or liquid additive that is utilized for coloring plastics and improving their properties of plastics. Masterbatch is majorly differentiated between two categories such as addictive masterbatch and color masterbatch. A procedure involving the production of masterbatch include the formation of a concentrated mixture consisting of pigments and additives that are compressed together at high temperature. This leads to the formation of a carrier resin, later cooled and sliced into a granular shape. Masterbatch offers coloring of raw polymer economically during manufacturing processes.

The market is divided into regional market segments such as North America, Europe, Asia-Pacific, Latin America, and Africa. Europe has shown major growth in recent years owing to the rise adoption of the latest methodologies and the existence of prominent industry players in the region. Asia-Pacific region is predicted to hold a major market share in the masterbatch market with massive growth in the forecast period.

Countries such as India, China, and Singapore are leading the Asia-Pacific market with the increasing growth of the packaging industry, consumer goods market, and automobile sectors along with rising building and construction activities. The key players in the masterbatch industry are A. Schulman Incorporations, Ampacet Co., Cabot Co., Clariant AG, Plastiblends India Limited, and Global Colors Group.

Market Segment:

Masterbatch, Type Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014 - 2025)
    • White
    • Black
    • Color
    • Additive
    • Filler

Masterbatch Carrier Polymer Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014 - 2025)
    • Polypropylene (PP)
    • Polyethylene (PE)
    • Polyvinyl Chloride (PVC)
    • Polyethylene Terephthalate (PET)
    • Others

Masterbatch Market End-Use Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014 - 2025)
    • Packaging
    • Building & Construction
    • Consumer Goods
    • Automotive
    • Agriculture
    • Others

Masterbatch Regional Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014 - 2025)
    • North America
        • the U.S.
    • Europe
        • Germany
        • the UK
        • France
    • the Asia Pacific
        • China
        • India
        • Japan
    • Central & South America
        • Brazil
    • Middle East & Africa