Masterbatch Market Size, Share, and Forecast by 2031
Masterbatch Market: Strategic Insights
Masterbatch Market
-
CAGR (2023 - 2031)5.3% -
Market Size 2023
US$ 12.32 Billion -
Market Size 2031
US$ 18.56 Billion
Market Dynamics
GROWTH DRIVERS
- Growing Demand for Plastic Packaging in Emerging Economies
- Rising Demand for Black Masterbatches from End-Use Industries
FUTURE TRENDS
- Adoption of Biodegradable and Compostable Masterbatch
OPPORTUNITIES
- Strategic Initiatives by Key Market Players
Key Players
- Avient Corp
- Ampacet Corporation
- Cabot Corp
- LyondellBasell Industries NV
- Plastika Kritis SA
- Penn Color Inc
- Americhem
- FRILVAM SPA
- Polyvel Inc
- Vanetti Spa
Regional Overview
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- and South and Central America
Market Segmentation
Type
- White
- Black
- Additives
- Color
- Filler
Polymer
- Polyethylene
- Polypropylene
- Polyethylene Terephthalate
- Polystyrene
End-use Industry
- Building and Construction
- Automotive
- Packaging
- Agriculture
- Electrical and Electronics