Global Market Study on Masterbatches: Packaging to Remain the Largest Application Segment Through 2025

In our new report titled “Masterbatches Market: Global Industry Analysis (2012-2016) and Forecast (2017-2025),” we present a comprehensive analysis of the global masterbatches market including historical and future market forecasts and a detailed analysis of the global market performance across the five regional markets. The report begins with an executive summary that concisely captures the various dimensions of the global masterbatches market and includes an overview followed by a market analysis and key strategic recommendations by Persistence Market Research. Next follows the market introduction where we give the definition of the global masterbatches market and the market taxonomy, and a market view point that is basically an opportunity analysis of the global masterbatches market based on our research.

The next section presents the global masterbatches market analysis for the historical period 2012–2016 and a forecast for the period 2017–2025. This section provides market volume projections as well as market size for the said period. A value chain analysis and the relevance and impact of forecast factors influencing the global masterbatches market end this section. The subsequent sections present the global masterbatches market forecast on the basis of the various segments of the market namely by product type, by application, and by region. Again, these sections present the historical as well as current volume and market size forecasts as well as key findings pertaining to the concerned segments. We end each of these sections with a comprehensive market attractiveness analysis. The next set of sections focus on an in-depth assessment of the various regional markets and comprise information on the local markets including the region specific drivers and restraints and their impact analysis.

The global masterbatches market is segmented as under:

By Application

Packaging

Transportation

Automotive

Aerospace

Marine

Cosmetics and Pharmaceuticals

Electronics and Electrical

Construction

Consumer Products

Others

By Product Type

Solid Masterbatches

Functional Additives

Color

Black

White

Liquid Masterbatches

Functional Additives

Color

Black

White

By Region

North America

Latin America

Europe

APAC

MEA

Research Methodology

Insights are incomplete without metrics. In our report covering the global masterbatches market, we have encapsulated the key metrics that accurately describe the global masterbatches market and used this data to compare market performance across the various segments and regions. An extensive research methodology has been employed to arrive at the market projections. We have leveraged secondary research extensively to ascertain the overall size of the global masterbatches market and top industry players. In addition, our experienced team of analysts has gathered relevant market insights and data by speaking to the key stakeholders based in various countries. We have then sliced and diced this massive amount of data gathered through primary and secondary research and validated it using different methods such as the triangulation method and have finally scrutinized the data using advanced tools to glean pertinent qualitative and quantitative insights into the global masterbatches market.

Detailed analysis of key vendors

One of the main components of any market study is a comprehensive analysis of the competitive ecosystem. In our report on the global masterbatches market, we have conducted a detailed study on the competitive landscape of the global masterbatches market. In this section, we present the market structure followed by a competition dashboard to give our readers a microscopic view of the market from the competitive standpoint. We have also profiled some of the leading companies operating in the global masterbatches market with information on their product ecosystem, business strategy, key financials, and a comprehensive SWOT analysis. The last two sections are devoted to explaining the assumptions and acronyms used throughout the report and the research methodology we have adopted to derive our market estimations and forecast.

Rapid industrialization and infrastructure development in developing economies is one of the significant factors driving the growth of the global masterbatches market

Asia Pacific was the leading region, and accounted for over 45% of the global demand of plastics in 2014. Rapid industrialization and a growing population have contributed to the economic growth in China and India. With the increasing workforce and subsequent industrial infrastructure development in the region, many industries, such as automotive, construction, electrical and electronics, and consumer appliances, have witnessed a rapid growth of masterbatches in various applications. Latin America is expected to witness a significantly high growth rate in terms of consumption of plastics over the forecast period due to its increased usage in construction in Mexico and Brazil to meet industrial as well as public infrastructure needs. The rapidly evolving transportation sector and rising automotive production in the region are expected to further complement the Latin American masterbatches market over the forecast period.

The demand for plastics and masterbatches is growing rapidly in the construction sector, in insulation materials, floorings, performance safety windows, storage tanks, pipes, doors, and cables. Growing commercial and residential projects in developing economies are driving infrastructural development. Moreover, rising consumer awareness about attractive interiors is driving the demand for masterbatch material types. The thriving construction industry is likely to balance the masterbatches market in the forecast period. This industry would create a significant demand in terms of growing end use application in the market. The growing use and consumption of PVC and CPVC in numerous products, such as wires and cables, pipes, wood PVC composites, water proofing membranes, food, and medicinal packaging, results in the growth of the global masterbatches market.

Packaging segment by application is expected to grab more than 30% revenue share in 2017

Among all the application type, packaging is estimated to account for just under 34% value share in the global masterbatches market followed by consumer products with about 22% value share by 2025. Transportation is projected to expand at a CAGR of 6.3% over the forecast period to account for 8.7% value share by 2025.

Switzerland-based chemicals company, Clariant AG to grab a high share in the global masterbatches market

Clariant AG has higher share in global Masterbatches market i.e. more than 15%. The company is presently dominating the global market in additive, color, white and black masterbatches products and solutions. The company also has significantly high demand for masterbatches across the geographical regions such as APAC, Europe, North America, Latin America, and MEA.

PolyOne Corporation and Ampacet Corporation has market share of 14.3% and 14.1% respectively in global Masterbatches market. The company dominates the developed regions such as North America, Europe and Japan with its customized Masterbatches and certification.

In terms of volume, the global Masterbatches market is anticipated to expand at a CAGR of 4.5% to account for 9,001,304 tons by 2025 end as per the likely scenario. The factors taken into consideration such as the production technologies and stringent regulations to forecast the market may show a different growth rate than the assumed scenario. Hence, there can be a conservative scenario and an optimistic scenario as per the unforeseen changes in the growth rate of considered factors. The raw material sourcing import duties for the market sizing can get relaxed to some extent in future and owing to this the market size can grow more than expected showing an optimistic scenario by expanding at a CAGR of 5.8%.