Global Additive Masterbatch Market Overview:
Coloring are modifying of plastic products can be effectively done through a solid or liquid additive known as “Masterbatch” which is used in plastic manufacturing processes. It is used during a heat process into a carrier resin, the additive masterbatch is used for coloring the plastic products into music, white or multicolor. Moreover, coloring the plastic products, the masterbatch can be used for the purpose of improving certain properties of the different plastic products. The additive masterbatch functions like ferroalloys, which are used for the purpose of adding diverse elements to the steels.
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Technological Developments in Additive Masterbatch
Market Growth Drivers:
Rapidly Developing Industrialization in Emerging Economies and Growing Use of Plastics over Conventional Materials
Challenges:
Insufficient Dispersion of Coloring Pattern
Restraints:
Availability of Local and Low-Cost Products
Opportunities:
Rising Emphasis on Developing Carrier Resins for Masterbatch and Growing Demand from Several Applications
Competitive Landscape:
Leading additive masterbatch players are focusing on strategic partnerships to improve their products and services. Furthermore, companies are focusing on increasing their client base to strengthen market position and to enhance product & service offerings.
Some of the key players profiled in the report are Plastika Kritis S.A. (Greece), PolyOne Corporation (United States), Plastiblends India Ltd. (India), Tosaf Group (Israel), Polyplast Muller GmbH (Germany), DOW Corning Corporation (United States), A. Schulman, Inc. (United States), Clariant AG (Switzerland), RTP Company (United States) and O'neil Color & Compounding (United States). Additionally, following companies can also be profiled that are part of our coverage like Penn Color, Inc. (United States) and Ampacet Corporation (United States). Analyst at AMA Research see United States Vendors to retain maximum share of Global Additive Masterbatch market by 2028. Considering Market by Distribution Channel, the sub-segment i.e. Online will boost the Additive Masterbatch market. Considering Market by Carrier Resin, the sub-segment i.e. Polyethylene will boost the Additive Masterbatch market.
Latest Market Insights:
In July 2020- PolyOne Corporation a leading global provider of specialist polymer materials, services, and sustainable solutions, has acquired Clariant and Clariant Chemicals India Ltd's color masterbatch businesses. PolyOne has also stated that it would now be known as Avient instead of PolyOne.
In April 2021- Clariant launches high-end sustainable additive solutions for plastics to assist local manufacturers in quickly reacting to the demands of new applications and environmental aims.
What Can be Explored with the Additive Masterbatch Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Additive Masterbatch Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Additive Masterbatch
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Additive Masterbatch market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Additive Masterbatch market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Manufacturers of Additive Masterbatch, Suppliers of Raw Materials, Wholesalers, Distributors and Retailers of Additive Masterbatch, Production Process Industries, Automotive Industry, Governmental Bodies and Research Firms.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.