MarkNtel Advisors recently published a report, titled, ” Global Masterbatch Market Masterbatch Market – By Type (Color Masterbatch, Additive Masterbatch, White Masterbatch, Black Masterbatch), By Polymer (Polypropylene, Low-Density Polyethylene and Linear Low-Density Polyethylene, High- Density Polyethylene, Polyvinyl Chloride, Polyurethane, Polyethylene Terephthalate, Polystyrene, Others),. As per as the report The Global Masterbatch Market size was valued at around USD 12.25 billion in 2023 & is estimated to grow at a CAGR of around 6.5% during the forecast period, i.e., 2024-30.
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Global Masterbatch Market Trend:
Increasing Application in the Building & Construction Industry – The global construction industry is the world’s largest consumer of raw materials, such as plastic masterbatches. This industry is projected to witness high expansion annually in terms of market value due to growth in residential, non-residential, and infrastructure projects. An increase in building growth globally is boosting the construction industry. Growing new infrastructure, coupled with increasing investments, especially in the transport, telecommunications, and energy & utility sectors, will add impetus to the masterbatch market globally.
In the building and construction industry, plastics & polymeric compounds such as masterbatches are becoming increasingly important, often replacing traditional materials as they are more robust, long-lasting, attractively tough, have high strength, provide UV or weather resistance, have flammable and antimicrobial properties, and others. It is a plastic additive used mainly to color plastics or to impart beneficial physical properties to plastics. It is commonly used in building plastic materials such as PVC profiles, PVC pipes, PPR pipes, glow signs, water storage tank insulation foam, door indicators, fire extinguishers, Starlite ceiling interiors, and others. The growing building & construction industry is boosting the usage of masterbatches in building & construction, which is likely to drive the market during the forecast period.
Leading Companies in Global Masterbatch Market:
Primex Plastics Corporation, Vanetti S.P.A, RTP Company, Plastiblends, Plastika Kritis S.A., Penn Color Inc., Hubron International, Gabriel-Chemie GmbH, Tosaf Compounds Ltd., LyondellBasell Industries Holdings B.V, Sukano AG, Americhem, Inc., Cabot Corporation, Avient Corporation, Ampacet Corporation, Others (Astra Polymers, AF Color, etc.),
Global Masterbatch Market Segmentation:
By Type
-Color Masterbatch- Market Size & Forecast 2019-2030, (Thousand Tons)
-Standard Color- Market Size & Forecast 2019-2030, (Thousand Tons)
-Speciality Color- Market Size & Forecast 2019-2030, (Thousand Tons)
-Tailor-made Color- Market Size & Forecast 2019-2030, (Thousand Tons)
-Additive Masterbatch- Market Size & Forecast 2019-2030, (Thousand Tons)
-Antimicrobial Additive- Market Size & Forecast 2019-2030, (Thousand Tons)
-Antioxidant Additive- Market Size & Forecast 2019-2030, (Thousand Tons)
-Flame Retardant- Market Size & Forecast 2019-2030, (Thousand Tons)
-UV Stabilizer- Market Size & Forecast 2019-2030, (Thousand Tons)
-Foaming/Blowing Agent- Market Size & Forecast 2019-2030, (Thousand Tons)
-Optical Brightener- Market Size & Forecast 2019-2030, (Thousand Tons)
-Nucleating Agent- Market Size & Forecast 2019-2030, (Thousand Tons)
-White Masterbatch- Market Size & Forecast 2019-2030, (Thousand Tons)
-Black Masterbatch- Market Size & Forecast 2019-2030, (Thousand Tons)
By Polymer
-Polypropylene- Market Size & Forecast 2019-2030, (Thousand Tons)
-Low-Density Polyethylene and Linear Low-Density Polyethylene- Market Size & Forecast 2019-2030, (Thousand Tons)
-High- Density Polyethylene- Market Size & Forecast 2019-2030, (Thousand Tons)
-Polyvinyl Chloride- Market Size & Forecast 2019-2030, (Thousand Tons)
-Polyurethane- Market Size & Forecast 2019-2030, (Thousand Tons)
-Polyethylene Terephthalate- Market Size & Forecast 2019-2030, (Thousand Tons)
-Polystyrene- Market Size & Forecast 2019-2030, (Thousand Tons)
-Others (Polycarbonate, Polyamide, etc.)- Market Size & Forecast 2019-2030, (Thousand Tons)
By Application
-Packaging- Market Size & Forecast 2019-2030, (Thousand Tons)
-Building and Construction- Market Size & Forecast 2019-2030, (Thousand Tons)
-Consumer Goods- Market Size & Forecast 2019-2030, (Thousand Tons)
-Automotive- Market Size & Forecast 2019-2030, (Thousand Tons)
-Textile- Market Size & Forecast 2019-2030, (Thousand Tons)
-Agriculture- Market Size & Forecast 2019-2030, (Thousand Tons)
-Others (Retail, Healthcare, etc.)- Market Size & Forecast 2019-2030, (Thousand Tons)
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By Region
-North America
-South America
-Europe
-The Middle East & Africa
-Asia-Pacific.
Key questions answered in the Global Masterbatch Market are:
•What is Global Masterbatch Market?
•What was the market size in 2023?
•What is the growth rate of the Global Masterbatch Market?
•Which are the factors expected to drive the market growth?
•What are the different segments of the Global Masterbatch Market?
•What segments are covered in the Market?
•Who are the key players in the Global Masterbatch Market?
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