Additive Masterbatch Market 2018 Industry, Analysis, Share, Growth, Trends, Supply Forecast to 2023

Market Synopsis:

Market Research Future (MRFR)’s latest study projects that the Global Additive Masterbatch Market resonates strong opportunities for growth. It is likely to register a healthy CAGR over the assessment period 2017 to 2023. 

The Additive Masterbatch Market is poised to witness an upsurge in demand owing to its extensive use in the coloring of raw polymer during the manufacturing process of plastics. It has also developed an application in enhancing the properties of base plastics such as antifouling, ultraviolet resistance, anti-static, flame retardant, etc.

The swift shift towards polymers from metals in industries such as automotive, building and construction, consumer goods, packaging, etc. is anticipated to augment the Additive Masterbatch Market through the forecast period. 

Additionally, the rapid industrialization of emerging country-level markets across the world is prognosticated to catapult the market on an upward trajectory.

The growth of the retail sector is passively influencing the proliferation of Additive Masterbatch Market by fueling demand from the packaging industry. The trend is anticipated to continue over the next couple of years.

Industry News:

In September 2018, a provider of Additive Masterbatches for flexible and rigid packaging, Ampacet, developed carbon black-free masterbatch solutions to be used for near-infrared (NIR) sorting applications.

In October 2018, PolyOne Corporation, a global provider of specialized polymer materials and services, received Biocidal Product Regulation (BPR) in Europe for its OnCap Aversive masterbatch additives.

Market Segmentation:

By Type, the Global Additive Masterbatch Market is segmented into antimicrobial additive masterbatch, flame retardant additive masterbatch, anti-oxidant additive masterbatch, and others.

By Carrier Resin, the Additive Masterbatch Market has been segmented into polypropylene (PP), polystyrene, polyethylene terephthalate (PET), polyethylene (PE), polyvinyl chloride (PVC), and others.

By End-Use Industries, the Global Additive Masterbatch Market is segmented into packaging, automotive, consumer goods, building & construction, agriculture, and others.

Regional Analysis:

By Region, the Global Additive Masterbatch Market has been segmented into Europe, Asia Pacific, North America, Latin America, and the Middle East & Africa. Asia Pacific holds a substantial share of the global market and is expected to thrive at the highest CAGR during the forecast period. The rapid industrialization and urbanization witnessed in the region are poised to catalyze the growth of the regional Additive Masterbatch Market. Furthermore, the government initiatives undertaken for the expansion of the market such as incentives and tax benefits are likely to augment the market in the forthcoming years. China and India have emerged as the manufacturing hubs in recent times, which is prognosticated to aid the proliferation of the Additive Masterbatch Market in the region.

North America is a vital growth pocket of the Global Additive Masterbatch Market. It is very likely that the region will retain its position in the foreseeable future. The expansion of the major end-use industries, such as construction, automotive, packaging, etc., in the region directly influences the expansion of the Additive Masterbatch Market. Additionally, the strong value maintained by the construction sector in the U.S. and Canada is majorly responsible for driving the growth of the regional market.

Europe is estimated to register a CAGR of 6% during the projection period. The growth can be ascribed to the increase in demand from the developed packaging, consumer goods, and automobile sector. Additionally, the rising application of the additive in the greenhouse plastic films is further expected to propel the growth of the additive masterbatch market over 2023.

Competitive Dashboard:

Some of the key players profiled in this report are Clariant AG (Switzerland), PolyOne Corporation (U.S.), Plastika Kritis S.A. (Greece), A. Schulman, Inc. (U.S.), Plastiblends India Ltd. (India), Polyplast Muller GmbH (Germany), Plastika Kritis S.A (Turkey), Dow Corning Corporation (U.S.), RTP Company (U.S.), and Ampacet Corporation (U.S.).

Get More Professional and Technical Industry Insights @ https://www.marketresearchfuture.com/sample_request/5567

Additive Masterbatch Market 2018 | Global Industry Share, Segments & Key Drivers, 2023

Synopsis of Additive Masterbatch Market

Masterbatch is a liquid or solid additive extensively used for the coloring of plastic and imparting special properties.  They are a mixture of additives and pigments that allows the coloring of the raw polymer during the manufacturing process of plastics. Additive Masterbatch enhances the properties of base plastics such as ultraviolet resistance, antifouling, anti-static, and flame retardant among others.  The growing replacement of metals with polymers in industries such as automotive, consumer goods, building and construction, and packaging is expected to driving the global market of Additive Masterbatch during the forecast years. The growing industrialization and urbanization in the developing regions throughout the globe is expected to boost the market during the forecast years. The Global Additive Masterbatch is a lucrative market and is expected to expand at an encouraging CAGR during the forecast years.

Among the various type of Additive Masterbatch Market, the antimicrobial is the leading segment of the market and is anticipated to grow at the highest CAGR during the assessed years. This growth is attributed to the increasing demand for antimicrobial masterbatch additive in the controlling of microbes in various plastic products. Moreover, the growth in the retail sector has augmented the flow of goods, in turn, adding to the use of antimicrobial additives in the packaging industry. On the basis of the carrier resin polyethylene is the leading segment and is expected to show the same trend during the forecast years. The growing applications of low-density polyethylene, high-density polyethylene in the packaging industry has resulted in the growth of the growth of the polyethylene carrier resin in the packaging industry.

Regional Analysis

The Additive Masterbatch Market is segmented across five regions: Europe, Asia Pacific, North America, Latin America, and the Middle East & Africa. Asia Pacific holds a major share of the market and is expected to be the fastest at a considerable CAGR during the review period. The rapid growth of industries and urbanization is fuelling the growth of the Additive Masterbatch Market in the developing countries of Asia Pacific. Moreover, the favorable government regulations, such as incentives and tax benefits, have shifted the manufacturing bases mainly to India and China, which is substantially contributing to the market growth.  North America is another dominant region in the market due to the developed end-user industries such as construction, automotive, and packaging among others are significantly driving the market growth. Moreover, the growing renovation and construction activities in the U.S. and Canada is also adding to the use of masterbatch in the construction sector.

Europe is a lucrative market mainly driven by the developed packaging, consumer goods, and automobile sector. The European Additive Masterbatch Market is anticipated to grow at a considerable CAGR of over 6% during the given period 2017-2023. Moreover, the growing use of Additive Masterbatch in the greenhouse plastic films is expected to push the growth of the market in the region further.

Segmental Analysis

The Global Additive Masterbatch Market is segmented into type, carrier resin, and end user industry. On the basis of the type, the market is segmented into antimicrobial additive masterbatch, flame retardant additive masterbatch, anti-oxidant additive masterbatch, and others. On the basis of the carrier resin, the global market is segregated into polyethylene (PE), polypropylene (PP), polystyrene, polyvinyl chloride (PVC), polyethylene terephthalate (PET), and others. On the basis of the end-use industries, the market is further bifurcated into packaging, automotive, consumer goods, building & construction, agriculture, and others.

Get Sample of Report @ https://www.marketresearchfuture.com/sample_request/5567

Additive Masterbatch Market 2018: Trends, Size, Share, Growth and Forecast 2023

The Additive Masterbatch is widely used in the end-user industries such as packaging, building & construction, agriculture, and automobile among others. The Global Additive Masterbatch Market is spanned across five regions of the world namely Asia Pacific, Middle East and Africa, North America, and Latin America.  Among these, Europe is anticipated to be the largest market and Asia Pacific is expected to be the fastest market during the forecast period. The developed end-user industries such as automobile and packaging, coupled with the growing greenhouse cultivation has surged the use of Additive Masterbatch in the European region. The major countries attributing to this growth are Germany, Italy, France, and the U.K.

The Asia Pacific is the fastest growing market during the forecast period owing to the growing urbanization and industrialization in the developing countries of the region. The major countries attributing to this growth are India and China. The developing automobile and construction sector has augmented the demand for Additive Masterbatch in the region. According to OICA, the Chinese car production grew by 14.5 % from 2015-2016 whereas the Indian car production grew by 7.9%. The growing adoption of plastics in the automobile industry is likely to propel the market growth over the forecast period.

Get Sample of Report @ https://www.marketresearchfuture.com/sample_request/5567

North America is another dominant region in the Additive Masterbatch Market. The developed automobile and packaging sector coupled with the growing adoption rate are the major factors contributing to the growth of the market. Moreover, the growing investment in building and construction sector with the change in the government in the region, especially in the U.S and Canada, is pushing the market growth further. The U.S total value of construction in January 2017 was USD 1.18 trillion, which recorded an increase of over 2.5% than January 2016.

Competitive Analysis
Some of the prominent players operating in the Global Additive Masterbatch Market are Clariant AG (Switzerland), A. Schulman, Inc. (U.S.), PolyOne Corporation (U.S.), Plastika Kritis S.A. (Greece), and Plastiblends India Ltd. (India), Plastika Kritis S.A (Turkey), DOW Corning Corporation (U.S.), Polyplast Muller GmbH (Germany), RTP Company (U.S.), and Ampacet Corporation (U.S.) among others.

Segmentation
The Global Additive Masterbatch Market is segmented into type, carrier resin, and end user industry. On the basis of the type, the market is segmented into antimicrobial Additive Masterbatch, flame retardant additive masterbatch, anti-oxidant additive masterbatch, and others. On the basis of the carrier resin, the global market of additive masterbatch is segregated into polyethylene (PE), polypropylene (PP), polystyrene, polyvinyl chloride (PVC), polyethylene terephthalate (PET) and others. On the basis of the end-use industries, the market is further bifurcated into packaging, automotive, consumer goods, building & construction, agriculture, and others.

Get Complete Report @ https://www.marketresearchfuture.com/reports/additive-masterbatch-market-5567