Market Snapshot:
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.
Highlights from Additive Masterbatch Market Study
Attributes | Details |
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Study Period | 2020-2032 |
Base Year | 2024 |
Unit | Value (USD Million) |
The key Vendors 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, other players that are part of this comprehensive study are Penn Color, Inc. (United States) and Ampacet Corporation (United States).
Geographic Breakdown and Segment Analysis
The Global Additive Masterbatch market presents a comprehensive analysis of the Additive Masterbatch market by product type (Antimicrobial, Flame Retardant, Antioxidant and Others), by end-user/application (Packaging, Consumer Goods, Automotive, Agricultural and Building & Construction), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. This section of our report presents a realistic picture of the Global Additive Masterbatch industry. Investors and Vendors can easily understand the inherent opportunities and challenges for their products in geographical region of interest.
For instance, while the holds majority of market share of the Additive Masterbatch market
Analyst at AMA have segmented the market study of Global Additive Masterbatch market by Type, Application and Region.
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
Market Developments Activities:
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.
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.
Key Target Audience
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