Image

Global Additive Masterbatch Market – Industry Trends and Forecast to 2031

Chemical and Materials

Image

Global Additive Masterbatch Market – Industry Trends and Forecast to 2031

  • Chemical and Materials
  • Upcoming Report
  • Jun 2024
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Additive Masterbatch Market – Industry Trends and Forecast to 2031

Market Size in USD Billion

CAGR :  % Diagram

Diagram Forecast Period 2023–2031
Diagram Market Size (Base Year) USD 13.05 USD Billion
Diagram Market Size (Forecast Year) USD 21.12 USD Billion
Diagram CAGR %

Major Markets Players

  • Dummy1
  • Dummy2
  • Dummy3
  • Dummy4
  • Dummy5

Global Additive Masterbatch Market, By Type (Antimicrobial, Flame Retardant, Antioxidant, and Others), Carrier Resin (Polyethylene (PE), Polystyrene (PS), Polypropylene (PP), Polyvinyl Chloride (PVC), Polyethylene Terephthalate (PET), and Others), End User (Packaging, Building and Construction, Automotive, Consumer Goods, Agriculture, Electrical and Electronics, and Others) - Industry Trends and Forecast to 2031.

Additive Masterbatch Market

Additive Masterbatch Market Analysis and Size

The additive masterbatch market is likely to grow, fueled by advancements in technology and methods. Innovations such as nano-additive masterbatches are enhancing product performance, while the adoption of 3D printing techniques is expanding application possibilities. With increased demand for customized solutions and sustainability driving research, the market is poised for further expansion, offering opportunities for manufacturers to meet evolving industry needs efficiently.

The global additive masterbatch market size was valued at USD 13.05 billion in 2023, is projected to reach USD 21.12 billion by 2031, with a CAGR of 6.20% during the forecast period 2024 to 2031. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2024 to 2031

Base Year

2023

Historic Years

2022 (Customizable to 2016-2021)

Quantitative Units

Revenue in USD Billion, Volumes in Units, Pricing in USD

Segments Covered

Type (Antimicrobial, Flame Retardant, Antioxidant, and Others), Carrier Resin (Polyethylene (PE), Polystyrene (PS), Polypropylene (PP), Polyvinyl Chloride (PVC), Polyethylene Terephthalate (PET), and Others), End User (Packaging, Building and Construction, Automotive, Consumer Goods, Agriculture, Electrical and Electronics, and Others)

Countries Covered

U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Market Players Covered

CLARIANT (Switzerland), LyondellBasell Industries Holdings B.V. (U.S.), Avient Corporation (U.S.), PLASTIKA KRITIS S.A. (Greece), Plastiblends (India), Dow (U.S.), PPM (Germany), RTP Company (U.S.), Ampacet Corporation (U.S.), Tosaf Compounds Ltd. (U.S.), Astra Polymers (Saudi Arabia), Prayag Polytech (India), Alok Masterbatches Pvt. Ltd (India), Dainichiseika Color & Chemicals Mfg.Co.,Ltd. (Japan),  Rajiv Plastic Industries (India)

Market Opportunities

  • Growing Demand in the Packaging Industry
  • Shift Towards High-Performance Polymers

Market Definition

Additive masterbatch is a concentrated mixture of additives, such as pigments, UV stabilizers, or flame retardants, evenly dispersed in a polymer carrier. It's used in plastics manufacturing to impart specific properties or enhance performance. By incorporating additives at precise concentrations, masterbatch simplifies the production process, ensuring consistent quality and reducing the risk of handling multiple additives separately during manufacturing.

Additive Masterbatch Market Dynamics

Drivers

  • Increasing Demand for Plastic Products

The escalating utilization of plastics across diverse sectors such as packaging, automotive, construction, and consumer goods fuels the demand for additive masterbatches. Industries expansion necessitates specialized additives for enhancing plastic properties. For instance, in packaging, UV stabilizers ensure prolonged product shelf life, reflecting the market's need for additives. As industries expand, the requisite for tailored masterbatches to meet specific performance criteria amplifies, driving market growth.

  • Rising Need for Customization

The demand for customized solutions in industries is escalating, prompting the adoption of additive masterbatches. These masterbatches provide a versatile platform for integrating specific additives at precise levels, addressing diverse performance criteria. For instance, in the automotive sector, manufacturers utilize additive masterbatches to enhance the weatherability and scratch resistance of exterior plastic components, meeting stringent durability standards while maintaining aesthetic appeal. This trend propels market growth by aligning products precisely with additive masterbatch industry requirements.

Opportunities

  • Growing Demand in the Packaging Industry

Additive masterbatch demand surges in packaging, aligning with industry standards. Compliance drives the rise, meeting specifications and enhancing product quality. As manufacturers of packaging films strive to meet stringent requirements, the utilization of additive masterbatch becomes essential. With the packaging industry experiencing rapid growth and surging demand for effective packaging materials, the market for additive masterbatch is expected to expand significantly to cater to these needs. For instance, the use of UV stabilizers in packaging films ensures prolonged product shelf life, meeting consumer expectations for quality and sustainability.

  • Shift Towards High-Performance Polymers

The shift towards high-performance polymers in industries is accelerating, driven by demands for enhanced properties such as heat resistance, flame retardancy, and mechanical strength. Additive masterbatches play a pivotal role in meeting these requirements, enabling manufacturers to tailor these polymers for specific applications. For instance, in the aerospace industry, additive masterbatches are utilized to enhance the fire resistance of composite materials used in aircraft interiors, thus driving market growth.

 Restraints/Challenges

  • Fluctuation  in Raw Material Costs

Fluctuations in raw material costs, notably petroleum-based additives, pose a significant challenge to the profitability of additive masterbatch production. Volatility in commodity markets introduces uncertainty into cost projections, hindering market stability and profitability. This instability makes it difficult for manufacturers to anticipate and manage production expenses, impacting their bottom line negatively.

  • Supply Chain Disruptions

Supply chain disruptions, including raw material shortages, transportation delays, and geopolitical conflicts, hinder the additive masterbatch market by disrupting production schedules and increasing costs. Without robust supply chain management strategies, manufacturers struggle to mitigate these risks, leading to potential delays in product delivery and reduced profitability.

This market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions. Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Recent Development

  • In December 2023, Ampacet launched ColorMark, a groundbreaking technology enhancing masterbatch additives, enabling processors to intricately etch permanent lettering and designs onto dark plastic surfaces. This innovation promises to revolutionize product labeling and branding within the plastics industry
  • In December 2023, MechNano, renowned for its contributions to 3D printing materials, partnered with Bomar to pioneer a novel low-viscosity masterbatch tailored for 3D printing resins. This collaboration aims to enhance printing efficiency and output quality, pushing the boundaries of additive manufacturing
  • In November 2023, Cabot Corporation introduced REPLASBLAK, its latest circular black masterbatch product line featuring certified materials. Cabot's launch marked a significant milestone with the unveiling of three products certified by the International Sustainability & Carbon Certification (ISCC PLUS), powered by EVOLVE Sustainable Solutions, setting new standards for sustainability in the masterbatch industry
  • In July 2020, PolyOne Corporation, a global leader in sustainable solutions and specialized polymer materials, concluded the acquisition of Clariant Chemicals India's additive masterbatch business and Ltd's color division. This strategic move bolstered PolyOne's position in the market, expanding its portfolio and reinforcing its commitment to delivering sustainable solutions to customers worldwide

Additive Masterbatch Market Scope

The market is segmented on the basis of type, carrier resin and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

  • Antimicrobial
  • Flame Retardant
  • Antioxidant
  • Others

 Carrier Resin

 End User

  • Packaging
  • Building and Construction
  • Automotive
  • Consumer Goods
  • Agriculture
  • Electrical and Electronics
  • Others

Additive Masterbatch Market Regional Analysis/Insights

The market is analyzed and market size insights and trends are provided by type, carrier resin and end user as referenced above.

The countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America is expected for significant growth in the additive masterbatch market, driven by its dominant position in plastic consumption across diverse sectors such as consumer goods, packaging, and electronics. This trend fuels the region's leadership in additive masterbatch adoption, boosting both revenue and market share.

Asia-Pacific is expected to dominate the additive masterbatch market in revenue and market share, driven by escalating demand within the region. The growing utilization of additive masterbatch, particularly in Asia-Pacific, underscores its pivotal role in various industries during the forecast period.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Additive Masterbatch Market Share Analysis

The market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to market.

Some of the major players operating in the market are:

  • CLARIANT (Switzerland)
  • LyondellBasell Industries Holdings B.V. (U.S.)
  • Avient Corporation (U.S.)
  • PLASTIKA KRITIS S.A. (Greece)
  • Plastiblends (India)
  • Dow (U.S.)
  • PPM (Germany)
  • RTP Company (U.S.)
  • Ampacet Corporation (U.S.)
  • Tosaf Compounds Ltd. (U.S.)
  • Astra Polymers (Saudi Arabia)
  • Prayag Polytech (India)
  • Alok Masterbatches Pvt. Ltd (India)
  • Dainichiseika Color & Chemicals Mfg.Co.,Ltd. (Japan)
  • Rajiv Plastic Industries (India)


SKU-

Please fill in the below form for detailed Table of Content

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for detailed List of Table

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for detailed List of Figure

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for Infographics

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Please fill in the below form for Research Methodology

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Customization Available:

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

Please fill in the below form for Available Customization

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Get online access to the report on the World's First Market Intelligence Cloud

  • Interactive Data Analysis Dashboard
  • Company Analysis Dashboard for high growth potential opportunities
  • Research Analyst Access for customization & queries
  • Competitor Analysis with Interactive dashboard
  • Latest News, Updates & Trend analysis
  • Harness the Power of Benchmark Analysis for Comprehensive Competitor Tracking
Request for Demo

FREQUENTLY ASK QUESTIONS

The Additive Masterbatch Market size will be worth USD 21.12 billion by 2031.
The Additive Masterbatch Market growth rate will be 6.20% by 2031.
The Rising Need for Customization and Increasing Demand for Plastic Products are the growth drivers of the Additive Masterbatch Market.
The type, carrier resin, and end use are the factors on which the Additive Masterbatch Market research is based.
The major companies in the Additive Masterbatch Market are CLARIANT (Switzerland), LyondellBasell Industries Holdings B.V. (U.S.), Avient Corporation (U.S.), PLASTIKA KRITIS S.A. (Greece), Plastiblends (India), Dow (U.S.), PPM (Germany), RTP Company (U.S.), Ampacet Corporation (U.S.), Tosaf Compounds Ltd. (U.S.), Astra Polymers (Saudi Arabia), Prayag Polytech (India), Alok Masterbatches Pvt. Ltd (India), Dainichiseika Color & Chemicals Mfg.Co.,Ltd. (Japan), Rajiv Plastic Industries (India).
Free Sample Report

CHOOSE LICENCE TYPE

  • 7000.00
  • 4800.00
  • 3000.00
  • 8000.00
  • 12000.00

Why Choose Us

Industry Coverage

DBMR works across the globe in multiple industries which equip us with knowledge across verticals and provide our clients with insights not only from their industry but how other industries will impact their ecosystem.

Regional Coverage

Coverage of Data Bridge is not restricted to developed or emerging economies. We work across the globe covering the largest array of countries where no other market research or business consulting firm has ever conducted research; creating growth opportunities for our clients in areas which are still unknown.

Technology Coverage

In today’s world, technology drives the market sentiment, so our vision is to provide our clients insights not only for developed technologies but upcoming and disrupting technological changes throughout the product lifecycle by enabling them with unforeseen opportunities in the market which will create disruption in their industry. This leads to innovation and our clients to come out as winners.

Goal Oriented Solutions

DBMR goal is to help our clients achieve their goals through our solutions; hence we formatively create the most appropriate solutions for our client needs, saving time and efforts for them to drive their grand strategies.

Unparallel Analyst Support

Our analysts take pride in our clients’ success. Unlike others, we believe in working along our clients to achieve their goals with 24 hours analyst support determining the correct needs and inspire innovation through service.

Banner

Client Testimonials