Global Masterbatches Market to Reach a Valuation of US$ 50.79 Bn in 2025
In a new report titled, “Masterbatches Market: Global Industry Analysis (2012-2016)
and Forecast (2017-2025),” Persistence Market Research has not only offered the
forecast analysis but has also represented the historical data of the global
masterbatches market. On the basis of a robust growth of CAGR- 5.9%, global
masterbatches market is expected to witness tremendous growth during the projected
period of 8-years, i.e. between 2017 and 2025. This growth is expected to be
primarily fuelled by industrialization in developing regions and rising demand in
infrastructural development. According to this report, global masterbatches market is
estimated to be valued at US$ 32.8 Bn in 2017 and is expected to expand at US$
50.79 Bn in 2025.
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On the basis of product type, the global masterbatches market is segmented into solid
masterbatch and liquid masterbatch. Solid masterbatch and liquid masterbatch both
are sub-segmented into functional additives, color, black, and white. With an
estimated 69.5% of overall market share by value in 2017, the solid masterbatches
type is the most prominent product type. Further, the rising demand for color
masterbatches in wide range applications, mainly in packaging and automotive, leads
to the growth of the product type segment of global masterbatches market during the
forecast period. The liquid masterbatches segment is expected to expand at a CAGR
of 5.8% in terms of value over the forecast period.
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On the basis of application, the global masterbatches market is segmented into
packaging, transportation, cosmetics and pharmaceuticals, electronic and electrical,
construction, consumer products and others. Transportation segment is subsegmented into automotive, aerospace, and marine. The packaging segment is
expected to account for a 33.7% value share by 2025, and is expected to expand at
relatively high growth rate of 6.4% over the forecast period.
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Five regions have been covered in this report namely, North America, Latin America,
Europe, APAC, and MEA. The European masterbatches market is estimated to
account for US$ 14.62 Bn by 2017 end, and is projected to expand at a CAGR of
6.1% in terms of value over the forecast period. Technology, product enhancement,
and diverse end-user applications of masterbatches are the prime factors boosting the
demand in the region. APAC is projected to expand at a CAGR of 6.3% over the
forecast period to account for 18.9% value share by 2025. On the other hand North
America is expected to grab 23.2% value share in 2017, which is likely to drop down
to 23% in 2025.
There are some of the key players which are covered in this report. They arePOLYONE Corporation, Clariant AG, Ampacet Corporation, A. Schulman,
Americhem, Techmer, Standridge Color Corportation, BASF SE, TOSAF, Cabot
Corporation, FERRO-PLAST S.r.l., Marval industries, Inc., RTP Co., Uniform Color
Company, Dongguan GreenTech Plastics Co., Ltd.
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