Masterbatch Market Scope And Analysis

Report Code : TIPRE00016538
Category : Chemicals and Materials

Status : Published
No. of Pages : 235

Buy Now

Masterbatch Market Analysis, Scope, and Growth by 2031

Buy Now

Masterbatch Market Report Scope

Report Attribute	Details
Market size in 2023	US$ 12.32 Billion
Market Size by 2031	US$ 18.56 Billion
Global CAGR (2023 - 2031)	5.3%
Historical Data	2020-2022
Forecast period	2024-2031
Segments Covered	By Type White Black Additives Color Filler By Polymer Polyethylene Polypropylene Polyethylene Terephthalate Polystyrene By End-use Industry Building and Construction Automotive Packaging Agriculture Electrical and Electronics
Regions and Countries Covered	North America US Canada Mexico Europe Germany France UK Italy Russia Spain Poland Czech Republic Denmark Rest of Europe Asia Pacific Australia China India Japan South Korea Rest of Asia Pacific Middle East and Africa South Africa Saudi Arabia UAE Rest of Middle East and Africa and South and Central America Brazil Argentina Costa Rica Guatemala Ecuador Columbia and Rest of South and Central America
Market leaders and key company profiles	Avient Corp Ampacet Corporation Cabot Corp LyondellBasell Industries NV Plastika Kritis SA Penn Color Inc Americhem FRILVAM SPA Polyvel Inc Vanetti Spa

Industry Developments and Future Opportunities:

Following are a few initiatives taken by major companies in the masterbatch market, as per company press releases:

In 2023, Ampacet Corporation introduced ColorMark, masterbatch additive technology. The developed product is compatible with polypropylene, polystyrene, polycarbonate, and polyamide. The masterbatch produces permanent and weather-resistant colors, available in six popular colors—red, orange, yellow, green, blue, and purple.
In 2023, Penn Color Inc opened its first production plant in Thailand. The company aims to supply high-quality colorant and additive masterbatch to markets across Asia Pacific.
In 2023, Cabot Corporation launched REPLASBLAK, a circular black masterbatch composed of sustainable material. The company launched three black masterbatch products—REPLASBLAK rePE5475 100% circular black masterbatch, REPLASBLAK rePE5265 70% circular black masterbatch, and REPLASBLAK rePE5250 60% circular black masterbatch.

Competitive Landscape and Key Companies:

Avient Corp, Ampacet Corporation, Cabot Corp, LyondellBasell Industries NV, Plastika Kritis SA, Penn Color Inc, Americhem, FRILVAM SPA, Polyvel Inc, and Vanetti Spa are among the key players profiled in the masterbatch market report. The global market players focus on providing high-quality products to fulfill customer demand.