According to ChemAnalyst report, “Masterbatch Market Analysis: Plant Capacity, Production, Operating Efficiency, Technology, Demand & Supply, End-User Industries, Distribution Channel, Regional Demand, 2015-2030”. Masterbatch market registered demand of 5.63 million tons in 2020 and is predicted to reach 9.06 million tons by 2030, growing at a healthy CAGR of 5.29% through 2030 attributed to its use as an additive for enhancing the color aesthetics and improving the mechanical properties such as texture, durability, etc. of polymers or plastics.
A Masterbatch exists in either solid or liquid form and is classified into four different types i.e. Black, White, Color and additive masterbatch, depending upon the required properties and aesthetics in the derived products. All these types find applications in various domains such as White masterbatch has a wide range of applications including lamination, coating, protective films, fibers and in non-woven, pipes, blow and injection moulding. Black masterbatch consist of specially selected carbon blacks that not only impart coloration but also offer enhanced properties like superior UV protection, high jetness and food contact approval. Therefore, black masterbatch is employed in various applications including thin films, thick films and sheet extrusion, pipes and irrigation laterals, polyester staple fiber, non-woven fabrics, PET sheet. Colour masterbatch are high grade pigments that offer colour flexibility and thermal stability making them most desirable for plastic products. In addition, these products due to their exception qualities are being employed in various applications such as insulation cables, injection moulding and blow moulding of bottles.
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Majority of the share of total masterbatch is consumed mainly in polymer production as in automotive and construction sectors manufacturers are replacing the conventional metal structure with the polymers materials owing to their better properties thereby, incrementing the demand for masterbatch in the coming years.
Since the outbreak of Covid-19, a trajectory rise has been witnessed in the demand for masterbatch especially in additive masterbatch due to upsurge in the consumption of polymers for packaging amidst pandemic following by the incline in the e-commerce. Though, there was a decline in the demand of masterbatch from automotive and construction sectors as these are the most drastically hit sectors in the first half of 2020. However, in the latter half of 2020 the industries become operational with their full efficacy and efficiency after the upliftment in the lockdowns, the demand for Masterbatch is bounced back at a substantial pace following the high demand from various end use industries and speedy recovery of automobile and construction sectors coupled with the efforts of the governments of various countries to recuperate their respective economies.
Regionally, Asia pacific accounted for the major share of the global Masterbatch market and is anticipated to grow at a promising rate due to rapid growth in automotive and Polymer industries coupled with the massive investments in construction projects in the region. Additionally, flourishing food and beverage industry in the region is also going to boost the future Masterbatch demand in APAC region with the increasing shift towards packed food. North America and Europe are also expected to witness a significant Masterbatch market growth over the forecast period.
Some of the major players operating in global Masterbatch market include Avient (PolyOne) Corporation, Basell Polyolefins, Cabot Corporation, Plastiblends India Pvt Ltd, Ampacet Speciality Product Pvt. Ltd, M S Polymer-Technik Elbe Gmbh, Tosaf Group, Ingenia Polymers Corporation, Changzhou Hongmei Plastic Masterbatch Co., Ltd., Hubron International, and others.
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“Global Masterbatch market, being linked to packaging, automotive and consumer goods industries, has shown a robust growth alongside growing population, urbanization, rise in per capita income and changing customers preferences. A significant growth is witnessed in its market, as Masterbatch are the most cost effective in compared to other coloring methods as well as easy and convenient method of adding colors to product and there are no safety hazards or health risks associated with them. Moreover, several manufacturers are more focused to produce biodegradable masterbatch that is gaining popularity in food packaging industry along with other consumer goods, is likely to offer a potential boost to the Masterbatch industry in the forecast years. At this, it is extremely important to keep an eye which region will grab the biggest market share in the upcoming years.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm promoting ChemAnalyst.
Report Scope:
In this report, the Global Masterbatch market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
By Type
- Black
- White
- Color
- Additive
By End-Use
- Packaging
- Automotive
- Consumer Goods
- Construction
- Others
By Distribution Channel
- Direct/Institutional Sales
- Retail Sales
- Other Channel Sales
By Region
- North America
- Europe
- Asia Pacific
- South America
- Middle East & Africa
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Silicone Masterbatches Market research report includes specific segments by region (country), by manufacturers, by Type and by Application.
Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027.
Understanding the segments helps in identifying the importance of different factors that aid the market growth.Download FREE Sample of this Report @ https://www.grandresearchstore.com/report-sample/global-silicone-masterbatches-2021-567Segment by TypeWhite MasterbatchBlack MasterbatchColor MasterbatchAdditive MasterbatchSegment by ApplicationElectrical & ElectronicsTransportationBuilding & ConstructionMedicalTextile IndustryPackagingOthersBy CompanyClariantDowDuPontMomentiveWackerAmpacet CorporationA.
Schulman, Inc.Elkem SiliconesPolyOneAmerichem, Inc.Cabot CorporationPlastika Kritis S.APlastiblendsGCR GroupAstra PolymersAlok MasterbatchesRTP CompanyProduction by RegionNorth AmericaEuropeChinaJapanConsumption by RegionNorth AmericaU.S.CanadaEuropeGermanyFranceU.K.ItalyRussiaAsia-PacificChinaJapanSouth KoreaIndiaAustraliaTaiwanIndonesiaThailandMalaysiaPhilippinesVietnamLatin AmericaMexicoBrazilArgentinaMiddle East & AfricaTurkeySaudi ArabiaU.A.EGet the Complete Report & TOC @ https://www.grandresearchstore.com/chemicals-and-materials/global-silicone-masterbatches-2021-567Table of content1 Silicone Masterbatches Market Overview1.1 Product Overview and Scope of Silicone Masterbatches1.2 Silicone Masterbatches Segment by Type1.2.1 Global Silicone Masterbatches Market Size Growth Rate Analysis by Type 2021 VS 20271.2.2 White Masterbatch1.2.3 Black Masterbatch1.2.4 Color Masterbatch1.2.5 Additive Masterbatch1.3 Silicone Masterbatches Segment by Application1.3.1 Global Silicone Masterbatches Consumption Comparison by Application: 2016 VS 2021 VS 20271.3.2 Electrical & Electronics1.3.3 Transportation1.3.4 Building & Construction1.3.5 Medical1.3.6 Textile Industry1.3.7 Packaging1.3.8 Others1.4 Global Market Growth Prospects1.4.1 Global Silicone Masterbatches Revenue Estimates and Forecasts (2016-2027)1.4.2 Global Silicone Masterbatches Production Capacity Estimates and Forecasts (2016-2027)1.4.3 Global Silicone Masterbatches Production Estimates and Forecasts (2016-2027)1.5 Global Silicone Masterbatches Market by Region1.5.1 Global Silicone Masterbatches Market Size Estimates and Forecasts by Region: 2016 VS 2021 VS 20271.5.2 North America Silicone Masterbatches Estimates and Forecasts (2016-2027)1.5.3 Europe Silicone Masterbatches Estimates and Forecasts (2016-2027)1.5.5 China Silicone Masterbatches Estimates and Forecasts (2016-2027)If You Have Any Question Related To This Report Contact Us @ https://www.grandresearchstore.com/enquire-now/global-silicone-masterbatches-2021-567CONTACT US:276 5th Avenue, New York, NY 10001, United StatesInternational: +1(646)-781-7170 / +91 8087042414Email: [email protected] Us On linkedin :- https://www.linkedin.com/company/grand-research-store
