Global Masterbatch Market 2021 Industry Analysis Report, Recent Trends, Application Development Potential & Regional Analysis By 2026
Masterbatches are the fluid or strong combinations of colors and added substances which are utilized in upgrading the properties of polymers. These are utilized for their fire resistant, UV balancing out and antistatic and against locking properties. To put it plainly, masterbatches improve the quality and execution of plastics and bundling materials. Masterbatch has numerous applications and utilizations since it makes the things that it's utilized on more useful. For instance, it gives these things a smooth and hard surface completion. This can shield them from the climate.
ChemIntel360’s global Masterbatch market study is a 190+ slide report containing in depth analysis on historical and forecasted spending and consumption patterns in the sector. We offer granular value and volume data from a global, regional, end-uses, and type perspective. Despite the adverse effects of the COVID-19 pandemic, the industry is expected to rebound strongly and grow at a CAGR of 5.1% over 2021-2026. The leading factor driving growth is the chemical’s extensive use in automotive industry for applications such as seatbelts, steering wheels and fenders.
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Scope
This study contains global and regional market size data. The numbers are broken down by end use (Color, Black, White, Additive, and Fillers), and by end-use industry (Packaging, Building and Construction, Consumer Goods, Automotive, Textile, Agriculture, and Others). The historical period runs through 2015-2020 and the forecasted period from 2021-2026.
Market Overview
The global Masterbatch market, which grew from US$X.X billion in 2015 to US$X.X billion in 2019, dropped marginally to US$11.1 billion in 2020, due to the ongoing COVID-19 pandemic. Spending is expected to recover in 2021 to value US$X.X billion and increase to US$X.X billion in 2026 at a CAGR of X%. Cumulatively the market is expected to value US$X.X billion during the forecast period as compared to US$X.X billion during the historical period.
The key market players profiled in the report include LyondellBasell (US), Avient Corporation (US), Ampacet Corporation (US), Cabot Corporation (US), Plastika Kritis S.A. (Greece), Plastiblends India Ltd. (India), Hubron International (UK), Tosaf Group (Israel), and Penn Color, Inc. (US).
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About Us:
ChemIntel360, part of AgileIntel’s broader research offering, provides an integrated portfolio of quantitative and qualitative research reports on the chemicals sector. Our studies make use of credible market intelligence.
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