The Global Masterbatch Market was valued at $11.4 Billion in 2020. Growing at a high CAGR of more than 7.3% between 2021 and 2031, it is estimated to reach $25.3 Billion by 2031. But due to the current COVID-19 pandemic, there might be a slight difference in the growth rate in the present year. Increased demand for fibers, color polymers, plastic components, wires, and cables for application in agriculture, automotive, packaging, building, and construction industries are the main factor that will help to accelerate the growth of this market during the forecasted period.
Masterbatch Market Is Estimated To Witness Remarkable Growth
Source: SAI Research
The Masterbatch market has been segmented into product, carrier polymer, and application. On the basis of product Masterbatch Market has been segmented into Oxo-Biodegradable Masterbatch, White Masterbatch, Black Masterbatch, Color Masterbatch, Additives, Filler. On the basis of carrier polymer, it has been segmented into polypropylene (PP), Polyethylene (PE), Polyvinyl Chloride (PVC), Polyethylene Terephthalate (PET), Others. On the basis of application, it has been segmented into Packaging, Building & Construction, Consumer Goods, Automotive, Agriculture, Others.
Major Players in Masterbatch Market
Some of the major players in the Masterbatch Market include Avient Corporation, Astra Polymer Compounding Co., Ltd., Cabot Corporation, Ingenia Polymer Corp., Ampacet Corporation, Juffali PolyOne Master Batches Co. Ltd., MD International Masterbatch & Compound, Pure Polymers, Rifd Plastics, Clariant Masterbatches, PolyAlwan Co., Al Zhoor Plastic Factory, A. Schulman, Inc.
Scope of the Report:
Report Coverage |
Details |
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Base Year: |
2020 |
Market Size in 2020: |
US$ 11.4 Billion |
Historical Data for: |
2018 to 2020 |
Forecast Period: |
2021 to 2031 |
Forecast Period 2021 to 2031 CAGR: |
7.3% |
2031 Value Projection: |
US$ 25.3 Billion |
Segments covered: |
By Product - Oxo-Biodegradable Masterbatch, White Masterbatch, Black Masterbatch, Color Masterbatch, Additives, Filler. By Carrier Polymer - Polypropylene (PP), Polyethylene (PE), Polyvinyl Chloride (PVC), Polyethylene Terephthalate (PET), Others. By Application – Packaging, Building & Construction, Consumer Goods, Automotive, Agriculture, Others |
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Geographies covered: |
North America: U.S., Canada, Mexico Europe: Germany, U.K., Spain, France, Italy, Russia, Rest of Europe Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific Africa: South Africa, North Africa, and Africa Middle East: GCC, Israel, and Rest of Middle East Latin America: Brazil, Argentina, Rest of Latin America |
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Companies covered: |
Avient Corporation, Astra Polymer Compounding Co., Ltd., Cabot Corporation, Ingenia Polymer Corp., Ampacet Corporation, Juffali PolyOne Master Batches Co. Ltd., MD International Masterbatch & Compound, Pure Polymers, Rifd Plastics, Clariant Masterbatches, PolyAlwan Co., Al Zhoor Plastic Factory, A. Schulman, Inc. |
The Global Masterbatch Market Has Been Segmented Into:
Global Masterbatch Market, By Product Type
Global Masterbatch Market, By carrier Polymer
Global Masterbatch Market, By Application Type
Global Masterbatch Market, By Region
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