The global masterbatch market share is likely to reach USD 16.35 billion by 2026 owing to the rising number of building and construction activities worldwide. Masterbatches are liquid or solid additive used for painting or for imparting various properties to the plastics. Coloring Masterbatch are utilized for coloring or shading plastic items. It can also be used for conveying properties such as UV Stabilizer, antioxidant, effect, energy, and bio-degradable.

The global Masterbatch Market report contains market revenue, market share, and production of the service providers is also mentioned with accurate data. Moreover, the global market report majorly focuses on the current developments, new possibilities, advancements, as well as dormant traps. Furthermore, the market report offers a complete analysis of the current situation and the advancement possibilities of the market across the globe.

This report analyses substantial key components such as production, capacity, revenue, price, gross margin, sales revenue, sales volume, growth rate, consumption, import, export, technological developments, supply, and future growth strategies.

This report analyses substantial key components such as production, capacity, revenue, price, gross margin, sales revenue, sales volume, growth rate, consumption, import, export, technological developments, supply, and future growth strategies.

Rise in Demand for Plastic from the Pharmaceutical Industry for Packaging will Bolster Growth

Various factors are responsible for the global Masterbatch market growth. These include the rise in construction activities for all residential, commercial, and industrial purposes, increasing demand for automobiles, especially lightweight vehicles, and the increasing preference for plastic goods worldwide. On the contrary, factors such as the fluctuating price of raw materials such as titanium dioxide, polymers, and others with a high volatile nature may pose a major challenge to the overall market. Nevertheless, increasing demand for plastic packaging from sectors such as food and beverage and pharmaceuticals are likely to create lucrative growth opportunities for the market in the coming years

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List of Masterbatch Market Manufacturers include:

Ampacet Corporation
BASF
PolyOne
PLASTIKA KRITIS S.A.
Hubron International
Penn Color Inc.
Clariant
Schulman, Inc.
Cabot Corporation
Plastiblends
Tosaf
Other Players
Regional Segmentation:

Asia Pacific to Continue Dominance with Increasing Consumer Expenditure on Infrastructural Development

In 2018, Asia Pacific emerged dominant in the market with a revenue of USD 3,998.14 Million. This is attributed to the high demand for packaging from key economies such as China, India, and Taiwan. Besides this, the rise in consumer expenditure on power and the increasing demand for plastic goods will also help promote the regional market in the forthcoming years. Furthermore, the rapid growth of packaging, consumer goods, and automotive companies and the rise in agriculture sectors is anticipated to help this region continue dominating the market in the coming years.

On the other side, the market in Europe will witness remarkable growth on account of the rising demand from industries such as automotive, building and construction, and the rising popularity of lightweight vehicles in the region.