Masterbatch Market Overview
A masterbatch is a solid product (usually of plastic, rubber or elastomer) in which a pigment or additive is well dispersed at a high concentration in a carrier material. A masterbatch is a concentrated mixture of pigments and additives that are incorporated into carrier resins during a heat process, which is then cooled and cut into granular sizes, allowing the masterbatch processor to color the raw polymer economically. Black masterbatch is widely used in industrial plastic products through production processes such as extrusion molding, blow molding, pipe extruder plastic mulching, garbage bags or HOPE pipes. Masterbatches are primarily used in polymer processing to incorporate color pigments or additives and antimicrobials into polymer resins or other liquids, Masterbatch is a concentrated mixture of additives encapsulated in a carrier material such as PE or PP, and black masterbatch is used in industrial plastic products, through manufacturing processes such as extrusion molding, blow molding, pipe extruders, etc. Plastic car parts, agricultural plastic mulching, garbage bags or HDPE pipes. Masterbatches of plastic are mixed from a concentrated mixture of pigments and additives into a carrier resin, the masterbatches are mixed with the base material at a specific addition rate to give the desired color or properties after the material is finished. Article. The terms late rate and dosing rate mean the same thing, it is the percentage ratio of masterbatch that should be added to the finished product (for example 3% LDR, this can be calculated as 3g masterbatch for every 100g polymer or 3kg. masterbatch for every 100kg base polymer) . The demand for masterbatch is increasing with the increasing use of plastics in the packaging industry and also the rising importance of color in marketing and branding activities is further fueling the growth of the masterbatch market.
Masterbatch Market Dynamics
The growth of the global masterbatch market is driven by the increasing consumption and application of PVC and CPVC in numerous products such as wire and cables, pipes, wood PVC composites, waterproofing membranes, food and pharmaceutical packaging. Also increasing emphasis on use of plastics in the automotive industry to reduce vehicle weight and consequently increase fuel economy, increasing demand for color masterbatches in packaging, building and construction, automotive, consumer goods and aesthetic appeal of the product is expected to boost the market over the forecast period. However, the rising cost of masterbatch is a key factor that will hinder the overall masterbatch market in the coming years and the availability of cheap and low-quality materials to manufacture low-cost plastics may act as a major restraint to this growth. Masterbatch Market Ban on single-use plastics due to pollution concerns may affect Masterbatch's steady growth in the coming years.
Technological advancement
Due to the new age technological advancement, manufacturers involved in the masterbatch market are developing advanced versions of their products. Technological advances in the plastics industry have had a positive impact on the development of masterbatches as well as engineering plastics, which have led to changes in vehicle design and replaced traditional metal parts such as fuel markets. Discovery of bio-based masterbatch for various applications, high investment on research and development activities and implementation of advanced technologies are increasing the production cost of masterbatch, leading to high product prices. Masterbatch Key players are investing more in power systems and creating more modern, time-saving, cost-effective technologies that have a positive impact on the masterbatch In September 2022, Ampacet, a global masterbatch leader, introduces proVitral+ 1101209-EM, part of the medical-grade ProVital+ masterbatch range designed for the healthcare market.
Masterbatch Market Segmentation
Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.
The Masterbatch Market is segmented based on type, carrier polymer, application, and region.
Masterbatch Market, By Type
On the basis of type, the masterbatch market is segmented into standard colors, specialty colors, and tailor-made colors. Color masterbatches, as the name suggests, are used to impart desired color to plastic products, primarily for providing aesthetic appeal to the final component in automotive, electronics equipment, and flexible packaging solutions for food, beverages, and pharmaceuticals.
Masterbatch Market, By Carrier Polymer
On the basis of carrier polymer, the masterbatch market is segmented into polypropylene, polyethylene. The demand for polypropylene as a carrier polymer is predicted to increase because of its excellent mechanical strength and flexibility, polypropylene also enhances the quality of surfaces.
Masterbatch Market, By Application
On the basis of application, the target market is classified into packaging, building and construction, automotive, consumer goods, textiles and agriculture. In packaging, master batch is used in the packaging industry because packaging products such as bottles, packages, boxes often have different colors. Packaging is an important process for protection and transportation of goods, packaging is mainly used for goods used at retail, industrial and institutional level. Consumer goods include many applications such as electronics, stationary, toys, kitchenware, footwear, safety gear, cosmetic articles and household products. Plastics are widely used in the construction industry for interior and exterior applications such as domes, roofing, flooring, storage containers, insulation, windows, pipes, cables, fixtures, panels and railings.
Regional Insights:
By region, the masterbatch market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. China is projected to dominate the market due to investment-friendly policies and government initiatives. Rapid industrialization and growing population have contributed to the economic growth of China and India.
Report Scope:
|
Attribute |
Details |
|
Base year for estimation |
2022 |
|
Forecast period |
2022 – 2032 |
|
Market representation |
Revenue in USD Billion & CAGR from 2022 to 2032 |
|
Market Segmentation |
By Type - Standard Color, Specialty Color and Tailor-made Color By Carrier Polymer - Polypropylene, Polyethylene Application - Packaging, Building & Construction, Automotive, Consumer Goods, Textile, Agriculture |
|
Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
|
Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2022 to 2032. For the purpose of this study, has segmented the Masterbatch Market report based on type, application, and region:
Masterbatch Market, By Type:
- Standard Color
- Specialty Color
- Tailor-made Color
Masterbatch Market, By Carrier Polymer:
- Polypropylene
- Polyethylene
Masterbatch Market, By Application:
- Packaging
- Building & Construction
- Automotive
- Consumer Goods
- Textile
- Agriculture
Masterbatch Market, By Region:
-
-
- North America
-
- U.S.
- Canada
-
- Europe
-
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
-
- Asia Pacific
-
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
-
- Latin America
-
- Brazil
- Mexico
- Rest of Latin America
-
- Middle East & Africa
-
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
-
- North America
-
Masterbatch Market Key Players
The key players operating the Masterbatch Market includes,
- Ampacet Corporation advances the future of plastics by providing thoughtful solutions to customers that enhance product performance, durability and sustainability. Ampacet products are used in applications ranging from packaging, sporting goods, home decor, cosmetics and beauty to appliances, automotive, healthcare, 3D printing and aerospace.
- Plastiblends India is India's largest manufacturer and exporter of color and additive master batches and thermoplastic compounds for the plastics processing industry. Plastiblends India is one of the leading manufacturers of masterbatches for the plastics processing industry which is exported to many countries.
- Hebron International is a part of the OBG Group and is a manufacturer of black plastic masterbatches and conductive compounds. Habron actively invests in personnel and technology to ensure the highest standards in both products and customer service.
- Cabot Corporation is a global specialty chemicals and performance materials company serving major industries including transportation, infrastructure, environmental and consumer.
- Uniform Color Company is a global manufacturer of high quality custom color and additive masterbatch solids for the thermoplastic industry, the company's deep market expertise and personal cooperation with customers gives the company a unique edge.
- Dongguan Green Tech Plastics Co, Ltd can provide quality industrial supplies and various other China Masterbatch, Black Masterbatch, Color Masterbatch, Filler Masterbatch products, as they are recognized manufacturers.
- Standridge Color Corporation, founded in 1973, provides color and additive concentrates to the thermoplastic industry worldwide. The company's products include standard colors, black, white, custom color compounds, additive concentrates, custom resins and specialty dispersions with a wide range of support and technical expertise.
- Polyone Corporation is a global manufacturer of specialty polymer materials headquartered in Avon Lake, Ohio. Its products include thermoplastic compounds, plastic colorants and additives, thermoplastic resins and vinyl resins.
- Global Colors Group is an international group serving the plastics industry with high quality masterbatches, ensuring competitive solutions and localized services with multiple modern manufacturing plants at strategic locations.
- Clariant AG is a Swiss multinational specialty chemicals company, founded in 1995 as a spin-off from Sandoz. It manufactures and markets textiles, leather, paints, plastics, printing inks and agrochemical products in India.
Masterbatch Market Key Issues Addressed
Recent Developments:
- In October 2022, Ampacet developed a streamlined, on-demand color-formulation business that marries long-standing expertise in masterbatch formulation with unique equipment technology from the company's 2020 purchase of Israel's Liad Weighting and Control System.
- In May 2020, PolyOne collaborated with a global automotive OEM and injection molded to remove paint from new vehicle interiors. To replace paint with molded-in-color parts, it provided Smart Batch FX Master Batch Colorant for the two PC/ABS side panels on the SUV's center console.
Masterbatch Market Company Profile
- Ampacet Corporation*
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Plastiblends India
- Hubron International
- Cabot Corporatoion
- Uniform Color Company
- Dongguan Green Tech Plastics Co, Ltd
- Standridge Color Corportation
- PolyOne Corporation
- Global Colors Group
- Clariant AG
“*” marked represents similar segmentation in other categories in the respective section
Few Other Promising Reports:
Masterbatch Market Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Applications
- Key Thickness Insights
- Secondary Data
- Major Secondary Applications
- Secondary Applications
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- Market Purview
- Executive Summary
- Key Findings—Global Outlook for medical carts Strategies
- Key Questions this Study will Answer
- Market Snippet, By Type
- Market Snippet, By Carrier Polymer
- Market Snippet, By Application
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Masterbatch Market, By Type
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022 – 2032
- Y-o-Y Growth Analysis (%), 2022 – 2032
- Segment Trends
- Standard Color
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Specialty Color
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Tailor-made Color
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Overview
- Masterbatch Market, By Carrier Polymer, 2022 – 2032, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022 – 2032
- Y-o-Y Growth Analysis (%), 2022 – 2032
- Segment Trends
- Polypropylene
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Polyethylene
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Overview
- Masterbatch Market, By Application, 2022 – 2032, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022 – 2032
- Y-o-Y Growth Analysis (%), 2022 – 2032
- Segment Trends
- Packaging
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Building & Construction
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Automotive
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Consumer Goods
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Textile
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Agriculture
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
- Overview
- Masterbatch Market, By Region, 2022 – 2032, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022 – 2032
- Y-o-Y Growth Analysis (%), 2022 – 2032
- Regional Trends
- North America
- Market Size and Forecast (US$ Bn), By Type, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Application, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Carrier Polymer, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Bn), By Type, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Carrier Polymer, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Application, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
- UK
- France
- Germany
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Bn), By Type, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Carrier Polymer, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Application, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
- India
- Japan
- South Korea
- China
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Bn), By Type, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Carrier Polymer, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Application, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Bn), By Type, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Carrier Polymer, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Application, 2022 – 2032
- Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
- GCC
- Israel
- South Africa
- Rest of Middle East
- Overview
- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
- Ampacet Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Plastiblends India
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Hubron International
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Cabot Corporatoion
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Uniform Color Company
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Dongguan Green Tech Plastics Co, Ltd
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Standridge Color Corportation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- PolyOne Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Global Colors Group
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Clariant AG
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- The Last Word
- Future Impact
- About Us
- Contact
FAQs
Masterbatch Market is segmented into basis of on type, Carrier Polymer, application, and region.
Increasing emphasis on use of plastics in the automotive industry to reduce vehicle weight and consequently increase fuel economy, increasing demand for color masterbatches in packaging, building and construction, automotive, consumer goods and aesthetic appeal of the product is expected to boost the market over the forecast period.
China is projected to dominate the market due to favorable investment policies and government initiatives.
Key players operating in the Masterbatch Market includes Ampacet Corporation, Plastiblends India, Hubron International, Cabot Corporation, Uniform Color Company, Dongguan Green Tech Plastics Co, Ltd, Standridge Color Corportation, PolyOne Corporation, Global Colors Group, Clariant AG
The rising cost of masterbatch is a key factor that will hinder the overall masterbatch market