Global Solid Masterbatches Market Size By Type (Color, White, Black, Additive), By Polymer (HDPE, PVC, PET, PUR), By Application (Packaging, Consumer Products, Building And Construction), By Geographic Scope And Forecast
Report ID: 21142|No. of Pages: 202
Global Solid Masterbatches Market Size By Type (Color, White, Black, Additive), By Polymer (HDPE, PVC, PET, PUR), By Application (Packaging, Consumer Products, Building And Construction), By Geographic Scope And Forecast
Solid Masterbatches Market Size And Forecast
Solid Masterbatches Market size was valued at USD 12.33 Billion in 2022 and is projected to reach USD 17.54 Billion by 2030, growing at a CAGR of 4.54% from 2023 to 2030.
The sustained appeal for the highly geared materials in the key end-user sectors, particularly in the packaging and construction industries, is a major factor driving the growth of the Solid Masterbatches Market. Moreover, the market for solid masterbatch is expanding due to the rising demand for plastic as substitutes for different materials including concrete, metal, and steel for polypropylene pipes and polycarbonate sheets in the construction and luxury goods packaging sectors. The market for solid masterbatch is expanding as a result of the rising use and utilization of polyvinylchloride and chlorinated polyvinylchloride in applications such as pipelines, cables and wires, wood polyvinylchloride composite materials, waterproofing membranes, food, and pharmaceutical packaging.
>>> Get | Download Sample Report @ – https://www.verifiedmarketresearch.com/download-sample/?rid=21142
Global Solid Masterbatches Market Definition
The masterbatch is a highly concentrated combination of pigments and chemicals that is mostly used to color polymers and to give them better properties. In a heating process, the masterbatches are enveloped in a carrier resin, then cooled and chopped into granular forms. Masterbatches are broadly utilized in the production of polymers because they provide UV stabilizing, flame retardant, and antistatic qualities. A solid product in which pigments or additives are dispersed in a carrier substance at a high concentration.
The masterbatch can communicate color or feature to the final plastic product since the carrier material is compatible with the primary plastic with which it will be blended during molding. They come in solid and liquid forms and are used to add color to polymers as well as enhance their functional characteristics like antilocking, antistatic, antifog, flame retardation, and UV stabilizing. Solid masterbatch has extended uses in different industries including consumer goods, construction, automotive, packaging, and aerospace. Color concentrates, also called solid color and additive masterbatches, have long been the industry standard for coloring polymers across the world.
Owing to solid masterbatch’s combination of performance, cleanliness, storage, shelf life, ease of use, and cost-effectiveness, these plastic colorants surpass pre-colored resin compounds, liquid color, and raw pigments in most plastic applications. Masterbatch plays an important role in the plastic industry. A plastic coloring agent called liquid masterbatch disperses colors and additives in a liquid dispersion medium. Besides, when the addition is 1% or lower, it features superior distribution performance (can color evenly) due to its liquid form. It assists in keeping properties maintained while lowering expenses and inventory and working well for light and transparent hues.
What's inside a VMR
industry report?
Our reports include actionable data and forward-looking analysis that help you craft pitches, create business plans, build presentations and write proposals.
>>> Ask For Discount @ – https://www.verifiedmarketresearch.com/ask-for-discount/?rid=21142
Global Solid Masterbatches Market Overview
The sustained appeal for the highly geared materials in the key end-user sectors, particularly in the packaging and construction industries, is a major factor driving the growth of the Solid Masterbatches Market. Polymeric materials are in extreme demand. The need for solid masterbatches in the industry is likely to increase as end-product quality improves. Plastics and masterbatches are broadly utilized in the construction industry to make insulating materials, doors, windows, pipes, and other items. Moreover, properties such as better color consistency, color distribution, and color dispersion contribute to Masterbatch’s expanding popularity in consumer products.
Solid masterbatches are utilized in engineering plastics, polypropylene, and other materials that are used in a variety of sectors, including automotive, aerospace, electrical and electronics, and others. In addition, the increasing use of plastic over metal in the automobile industry is driving the Solid Masterbatches Market forward. The increasing use of polyvinylchloride and chlorinated polyvinylchloride in several applications is driving market growth. Additionally, the fluctuating prices of the raw materials may act as a restraining factor for the Solid Masterbatches Market.
Moreover, stringent environmental laws relating to the non-biodegradability of plastics, as well as product price volatility, are predictable to the service as market restraints for the Solid Masterbatches Market. On the contrary, the growing popularity of products as an efficient coloring method, as well as certain types of masterbatches used in combination with polymers to make attractive packaging, will further contribute by generating enormous opportunities in the growth of the Solid Masterbatches Market in the upcoming years.
Global Solid Masterbatches Market Segmentation Analysis
The Global Solid Masterbatches Market is segmented on the basis of Type, Polymer, Application, and Geography.
Solid Masterbatches Market, By Type
- Color
- White
- Black
- Additive
- Filler
Based on Type, The market is segmented into Color, White, Black, Additive, and Filler. The white segment holds a big market share. This is major because white imparts opacity and is also used as a base color in the packaging sector. Applications for white masterbatches include both thin and thick wall injection and blow moldings, as well as cast, blown, and extrusion-coated films.
Solid Masterbatches Market, By Polymer
- PP
- LDPE & LLDPE
- HDPE
- PVC
- PET
- PUR
- PS
Based on Polymer, The market is segmented into PP, LDPE & LLDPE, HDPE, PVC, PET, PUR, and PS. The PP segment holds a big market share. PP has a lower density and a greater softening point than PE, it is expected to grow at the fastest rate throughout the estimated period. It is utilized in reusable products such as papers, containers, lab equipment, and furniture in addition to automotive, flexible packaging, consumer goods, medical equipment, textiles, and BOPP film.
Solid Masterbatches Market, By Application
- Packaging
- Consumer Products
- Building & Construction
- Automobile Industry
- Electrical & Electronics
- Filler
Based on Application, The market is segmented into Packaging, Consumer Products, Building & Construction, Automobile Industry, Electrical & Electronics, and Filler. The Packaging and Automobile segment holds a big market share. Growing end-user markets such as packaging and automobiles boost the demand for masterbatches, as the increasing demand for plastics for construction and luxury goods packaging.
Solid Masterbatches Market, By Geography
- North America
- Europe
- Asia Pacific
- Latin America
- MEA
On the basis of Geography, The Global Solid Masterbatches Market is classified into North America, Europe, Asia Pacific, Latin America, and MEA. The highest CAGR is anticipated to be seen in the Asia-Pacific region throughout the projection period. This is primarily due to the rise in disposable income in these countries, and growth in urbanization. With the increasing demand for high-performance plastics in the region’s key automotive sectors, the market in North America is expected to grow steadily.
Key Players
The “Global Solid Masterbatches Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Clariant AG, Ampacet Corporation, A. Schulman, Inc., Polyone Corporation, Cabot Corporation, Plastika Kritis S.A., Plastiblends India, Hubron International, Tosaf Group, Penn Color, Inc., and others.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Key Developments
- In 2021 Ampacet, a global masterbatch manufacturer, announced the extension of its range of ScratchShield solutions, which help to protect plastic products from scratches and abrasion marks generated during manufacturing, transport, and handling activities.
- In July, 2020, the purchase of Clariant and Clariant Chemicals India Ltd.’s color masterbatch businesses by PolyOne Corporation, a top producer of specialized polymer materials, services, and sustainable solutions, has been finalized. Additionally, PolyOne declared that it would henceforth go by the name Avient.
- In 2019 Cabot Corporation has launched a new black masterbatch series composed of recycled polymers and post-industrial carbon black. The new formulas are intended to assist plastics makers in meeting environmental goals while retaining optimal performance in a number of industries.
Ace Matrix Analysis
The ace matrix provided in the report would help to understand how the major key players involved in this industry are performing as we provide a ranking for these companies based on various factors such as service features & innovations, scalability, innovation of services, industry coverage, industry reach, and growth roadmap. Based on these factors, we rank the companies into four categories as Active, Cutting Edge, Emerging, and Innovators.
Market Attractiveness
The image of market attractiveness provided would further help to get information about the region that is majorly leading in the Global Solid Masterbatches Market. We cover the major impacting factors that are responsible for driving the industry growth in the given region.
Porter’s Five Forces
The image provided would further help to get information about Porter’s five forces framework providing a blueprint for understanding the behavior of competitors and a player’s strategic positioning in the respective industry. Porter’s five forces model can be used to assess the competitive landscape in the Global Solid Masterbatches Market, gauge the attractiveness of a certain sector, and assess investment possibilities.
Report Scope
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| STUDY PERIOD | 2019-2030 |
| BASE YEAR | 2022 |
| FORECAST PERIOD | 2023-2030 |
| HISTORICAL PERIOD | 2019-2021 |
| UNIT | Value (USD Billion) |
| KEY COMPANIES PROFILED | Clariant AG, Ampacet Corporation, A. Schulman, Inc., Polyone Corporation, Cabot Corporation, Plastika Kritis S.A., Plastiblends India, Hubron International, Tosaf Group. |
| SEGMENTS COVERED | By Type, By Polymer, By Application, And By Geography |
| CUSTOMIZATION SCOPE | Free report customization (equivalent to up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope. |
Top Trending Reports:
Global Network And Web Security Market Size And Forecast
Global Specialty Oils Market Size And Forecast
Research Methodology of Verified Market Research:
To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our Sales Team at Verified Market Research.
Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support
Customization of the Report
• In case of any Queries or Customization Requirements please connect with our sales team, who will ensure that your requirements are met.
Frequently Asked Questions
Report Research Methodology
Verified Market Research uses the latest researching tools to offer accurate data insights. Our experts deliver the best research reports that have revenue generating recommendations. Analysts carry out extensive research using both top-down and bottom up methods. This helps in exploring the market from different dimensions.
This additionally supports the market researchers in segmenting different segments of the market for analysing them individually.
We appoint data triangulation strategies to explore different areas of the market. This way, we ensure that all our clients get reliable insights associated with the market. Different elements of research methodology appointed by our experts include:
Exploratory data mining
Market is filled with data. All the data is collected in raw format that undergoes a strict filtering system to ensure that only the required data is left behind. The leftover data is properly validated and its authenticity (of source) is checked before using it further. We also collect and mix the data from our previous market research reports.
All the previous reports are stored in our large in-house data repository. Also, the experts gather reliable information from the paid databases.
For understanding the entire market landscape, we need to get details about the past and ongoing trends also. To achieve this, we collect data from different members of the market (distributors and suppliers) along with government websites.
Last piece of the ‘market research’ puzzle is done by going through the data collected from questionnaires, journals and surveys. VMR analysts also give emphasis to different industry dynamics such as market drivers, restraints and monetary trends. As a result, the final set of collected data is a combination of different forms of raw statistics. All of this data is carved into usable information by putting it through authentication procedures and by using best in-class cross-validation techniques.
Data Collection Matrix
| Perspective | Primary Research | Secondary Research |
|---|---|---|
| Supplier side |
|
|
| Demand side |
|
|
Econometrics and data visualization model
Our analysts offer market evaluations and forecasts using the industry-first simulation models. They utilize the BI-enabled dashboard to deliver real-time market statistics. With the help of embedded analytics, the clients can get details associated with brand analysis. They can also use the online reporting software to understand the different key performance indicators.
All the research models are customized to the prerequisites shared by the global clients.
The collected data includes market dynamics, technology landscape, application development and pricing trends. All of this is fed to the research model which then churns out the relevant data for market study.
Our market research experts offer both short-term (econometric models) and long-term analysis (technology market model) of the market in the same report. This way, the clients can achieve all their goals along with jumping on the emerging opportunities. Technological advancements, new product launches and money flow of the market is compared in different cases to showcase their impacts over the forecasted period.
Analysts use correlation, regression and time series analysis to deliver reliable business insights. Our experienced team of professionals diffuse the technology landscape, regulatory frameworks, economic outlook and business principles to share the details of external factors on the market under investigation.
Different demographics are analyzed individually to give appropriate details about the market. After this, all the region-wise data is joined together to serve the clients with glo-cal perspective. We ensure that all the data is accurate and all the actionable recommendations can be achieved in record time. We work with our clients in every step of the work, from exploring the market to implementing business plans. We largely focus on the following parameters for forecasting about the market under lens:
- Market drivers and restraints, along with their current and expected impact
- Raw material scenario and supply v/s price trends
- Regulatory scenario and expected developments
- Current capacity and expected capacity additions up to 2027
We assign different weights to the above parameters. This way, we are empowered to quantify their impact on the market’s momentum. Further, it helps us in delivering the evidence related to market growth rates.
Primary validation
The last step of the report making revolves around forecasting of the market. Exhaustive interviews of the industry experts and decision makers of the esteemed organizations are taken to validate the findings of our experts.
The assumptions that are made to obtain the statistics and data elements are cross-checked by interviewing managers over F2F discussions as well as over phone calls.
Different members of the market’s value chain such as suppliers, distributors, vendors and end consumers are also approached to deliver an unbiased market picture. All the interviews are conducted across the globe. There is no language barrier due to our experienced and multi-lingual team of professionals. Interviews have the capability to offer critical insights about the market. Current business scenarios and future market expectations escalate the quality of our five-star rated market research reports. Our highly trained team use the primary research with Key Industry Participants (KIPs) for validating the market forecasts:
- Established market players
- Raw data suppliers
- Network participants such as distributors
- End consumers
The aims of doing primary research are:
- Verifying the collected data in terms of accuracy and reliability.
- To understand the ongoing market trends and to foresee the future market growth patterns.
Industry Analysis Matrix
| Qualitative analysis | Quantitative analysis |
|---|---|
|
|
