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Global Masterbatch Market

Global Masterbatch Market by Type (Color, Additive, White, Black, and Filler), By Polymer (Polypropylene, Low-Density Polyethylene & Linear Low-Density Polyethylene, High-Density Polyethylene, Polyvinyl Chloride, Polyurethane and Others), By Application (Packaging, Building & Construction, Automotive, Consumer Goods, Textile, Agriculture and Others), and By Region (North America, Europe, Asia Pacific, South America, and Middle East & Africa) - Global Forecast to 2030.

Frequently Asked Question (FAQ)

The global masterbatch is estimated to reach at USD 9.7 billion in 2030 with a CAGR of 6.3% during the forecast period of 2022-2030, and it was valued at 6.1 billion in 2022.

The companies Clariant AG, Ampacet Corporation, A.Schulman, Inc., Polyone Corporation, Cabot Corporation, Plastika Kritis S.A., Plastiblends India Ltd, Hubron International, Tosaf Group, and Penn Color and Incare the key players.

Due to industrialization, sectors such as building and construction, automotive, consumer goods, have created a lot of demand for the masterbatch. Moreover, the government has started investing in the masterbatch due to its new technology and growth in automobiles and packaging sectors where plastic is highly used by making it eco- friendly, low cost, and low labor requirement for its production.

The availability of low quality and cheaper products are the restraints in the global master batch market.

Polymer are segmented as PP, LDPE &LLDPE, HDPE, PVC, PET, PUR, PS, and Others. PPis amongst the most widely used polymer type.

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