Masterbatch Market Research Report- Forecast to 2023

Masterbatch Market Research Report- Forecast to 2023

ID: MRFR/CnM/4129-CRR | August, 2018 | Region: Global | 140 pages | Cooked Research Reports

Global Masterbatch Market: Information by Type (Color, White, Black, Additive), Application (Packaging, Consumer Products, Building & Construction, Automobile Industry, Electrical & Electronics), & Region (Asia Pacific, North America) - Forecast till 2023


The high demand for plastics in end-use industries has propelled the need for masterbatch processes. Masterbatches are esters of adipic acid or benzoic acid, mainly used as plasticizers. It consists of an amalgamation of pigments or additives which are encapsulated during a heating process and cut into granular shapes. The emphasis on mass production has created the need for these additives. The global masterbatch market is touted to experience growth at a CAGR close to 5.54% during the assessment period (2018-2023), as per an in-depth market report by Market Research Future (MRFR).


The demand for plastics in the automotive industry owing to its lightweight nature and cost-effective production cost is expected to be the primary driver of the market. The surge witnessed in the packaging industry can also act as a catalyst. The use of masterbatch for coloring of additives can provide new growth opportunities for the market. The shift towards packaging products and improved living standards are factors which can act as favorable tailwinds for the market.


Report Overview


The report covers the latest trends affecting the market to provide the most accurate forecasts and predictions. By correlating the historical data with key market dynamics, our analysts can make highly astute projections. MRFR’s report includes a thorough analysis of the global masterbatch market segmented by type, application, and region. Trends and opportunities are highlighted coupled with the market share of companies as well as their valuation in the market. It analyzes new revenue sources for players and outlines the various strategies implemented by players.


Segment Overview


By type, the masterbatch market is segmented into color, white, black, and additive. Major market applications include electrical & electronics, packaging, building & construction, automobile industry, consumer products, and others. These applications employ the use of masterbatch to cater to the various aesthetic demands by consumers.


The segments and sub-segments covered in the report are analyzed with respect to five major regions – North America, Latin America, Europe, Asia Pacific (APAC), and the Middle East & Africa (MEA), with respective country-level market sizing. The definition and advantages of the product “masterbatch” is outlined in the report for a comprehensive understanding of the market. The report discusses the various players involved in the value chain and their contributions to evaluate future opportunities within the market.


Competitive Landscape


Noteworthy players in the masterbatch market include Clariant, A. Schulman, Inc., ALOK, DongGuan HengCai Plastic Pigment Ltd., Plastiblends, PolyOne, POLYPLAST, GCR Group, Astra Polymers, RTP Company, Cabot Corporation, Tosaf, Americhem, Inc., GABRIEL-CHEMIE Group, Plastika Kritis S.A., Ampacet Corporation, Hubron International, and Prayag Polytech. The market is competitive in nature with companies expanding to tier-2 and tier-3 cities to increase their production capacity. Supply agreements, mergers & acquisitions, and new product launches are strategies being deployed by companies to capture a larger market share.


The report offers comprehensive profiles on these market players and assesses their current standing in the market. Company history coupled with annual turnover, profit margins, segmental share, SWOT analysis, growth strategies, new product launches, mergers and acquisitions (M&A) activities, and latest R&D initiatives are discussed in granular detail.


Research Methodology


At MRFR, our research analysts conduct a thorough objective analysis of the market when creating market reports by adhering to a rigorous set of standards which allow a truly comprehensive view of the market. Use of primary research strategies such as interviews with top-level decision makers of various leading companies in the relevant market combined with secondary research provides a thorough analysis of past and present trends in a forward-looking manner. Additionally, market size estimation and validation use both top-down & bottom-up approaches to obtain data from the demand and supply-side. Credible resources are employed to assist analysts to understand the nuances of market factors with consistency. Competent data analysts use strong analytical tools to ascertain accurate analysis of very relevant parameters in an effort to provide clients with a conclusive and dependable view of the future.


Analysis Period



  • Base Year - 2017

  • Projection Period - From 2018 to 2023

  • Market Denomination - USD Million

  • Volume Unit - Thousand Tons

  • Conversion Rate - Considered as per the respective financial years


For the scope of research, the report offers a comprehensive analysis of the global masterbatch market.


Type



  • Color

  • Black

  • White

  • Additive


Application



  • Automobile Industry

  • Building & Construction

  • Electrical & Electronics

  • Consumer Products

  • Packaging

  • Others


Region



  • North America

    • The U.S.

    • Mexico

    • Canada



  • Latin America

    • Brazil

    • Argentina

    • Colombia

    • Rest of Latin America



  • Europe

    • France

    • Germany

    • Italy

    • The U.K.

    • Russia

    • Rest of Europe





  • Asia Pacific

    • China

    • Japan

    • India

    • Indonesia

    • South Korea

    • Southeast Asia

    • Rest of Asia Pacific





  • The Middle East & Africa

    • UAE

    • South Africa

    • Egypt

    • Nigeria

    • South Africa

    • Rest of the Middle East & Africa




Intended Audience



  • Government

  • End-use Industries

  • Suppliers and Distributors

  • Masterbatch Manufacturers

  • Raw Material Suppliers

  • Associations

  • Potential Investors

Global Masterbatch Market – Summary


Plastics, nowadays, have become an integral part of the global economy due to its far-flung impact. It is difficult to find a single nook or corner which it is yet to penetrate. However, its utility is not the only reason behind it gaining accolades from myriad industries. Its adaptability to different needs gives it the traction, and it only gets better with masterbatch playing the catalyst. The array of colors in which plastics come and percolate different strata is the outcome of masterbatch implementation. A mass-produced product, masterbatch adds colors to otherwise color-neutral plastic, works as additives, reduces health risk, minimizes waste amount, most importantly, it comes in handy in reducing production cost. This can fuel the demand for masterbatches during the forecast period (2018-2023).


The burgeoning automotive industry is experiencing a paradigm shift. Gradual rejection of the traditional components such as aluminum, steel and other metal alloys to gain better fuel efficiency is a trend that industries worldwide are adopting at breakneck speeds. They found a better alternative to engineered plastics. Durable and lightweight, these components have picked the interest of the market players in no time and is subsequently generating a demand for the masterbatch.


The meteoric rise in urbanization and industrialization has transformed lifestyle in an unprecedented way. As its one of the many consequences, the packaging industry is also experiencing a boom that is currently valued at in between USD 400-500 billion. Global production, along with consumption, has also increased substantially which has a continual accelerating effect on the growth of the market.


However, the process of blending highly concentrated color pigment into a resin carrier is cumbersome which requires an internal mixer or a mill. This complexity can slacken the rate of adoption of this technology by various industry.


Segmentation:


Type-based, the market segmentation includes color, white, black, and additive. The outstanding ability to disperse color equally on the final plastic product in contrast to that of the powdered form pure colorants made the color type the most popular among the manufacturers. The market is expected to remain so in the foreseeable future with the sub-segment growing at the fastest rate.


Application-wise, the market comprises packaging, consumer products, building & construction, automobile industry, electrical & electronics, and others. The packaging segment is currently steering the market ahead owing to the exigent demand generated by innumerable industries. It is currently estimated to scale to a market valuation of USD 4,631.06 million by 2023. However, the automotive industry is not staying idle and gaining enough momentum to surpass the rest in terms of CAGR in coming years.


Regional Segmentation:


Regional analysis of the masterbatch market includes five key regions namely Asia Pacific (APAC), North America, Europe, Latin America (LATAM), and Middle East & Africa (MEA).


The APAC is currently leading the market due to the rising consumer awareness and favorable government policies that are assisting manufacturers in increasing the production. India, China, Malaysia, and South Korea are the biggest contributors in this region. By 2023, the market valuation can go up to USD 4,782.10 million. The region is closely followed by North America, with the U.S. setting the regional trends. The country has a propulsive infrastructure that makes it an industrial powerhouse. Diverse sectors such as automotive, packaging, and building & construction are making significant innovative contributions to assist the global markets to grow by leaps and bounds. As a consequence, the masterbatch market is also skyrocketing. Europe has Germany, France, Italy, Russia, and the U.K., to give the market a robust cornerstone to lay the bricks for the industry in  the coming years. However, the same kind of cascading effect cannot be expected from the LATAM and the MEA region. The growth will be much slower but a steadier one in these regions.


Competitive Analysis:


The market is buzzing with innovations and improvements in production techniques. For instance, Cabot is vying for a strong European presence with its black masterbatch production unit in Pepinster, Belgium seeing the green light.


Clariant, on the other hand, is eyeing for a firm grasp over the MEA market with their production site in Yanbu, Saudi Arabia. Mergers and acquisitions are also playing an integral part in making the market a competitive one. PolyOne acquiring IQAP Masterbatch Group S.L. of Spain can be taken as exemplary. Tosaf USA Inc. in North Carolina has started their masterbatch venture in 2018 which indicates that the market is open to new entrants.  


The major players contributing to the market are Clariant, PolyOne, Plastika Kritis S.A., A. Schulman, Inc., Plastiblends, POLYPLAST, GABRIEL-CHEMIE Group, Ampacet Corporation, Americhem, Inc., Astra Polymers, ALOK, Hubron International, Prayag Polytech, Cabot Corporation, DongGuan HengCai Plastic Pigment Ltd., GCR Group, Tosaf, RTP, and others.

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TABLE OF CONTENTS

2.1 Definition 20

2.2 Scope of the Study 20

2.3 List of Assumptions 21

2.4 Market Structure 21

2.5 Key Takeaways 22

4.1 Research Process 28

4.2 Primary Research 29

4.3 Secondary Research 30

4.4 Market Size Estimation 30

4.5 Forecast Model 31

5.1 Introduction 33

5.2 Drivers 34

5.2.1 Increasing demand for plastics in automotive industry due to stringent emission regulations 34

5.2.2 Surging demand from the rapidly growing packaging industry 35

5.3 Restraints 35

5.3.1 Problems pertaining to the cost and complexity of color masterbatch 35

5.4 Opportunities 36

5.4.1 Growing popularity of masterbatch as an efficient coloring method 36

5.5 Trends 36

5.5.1 Growing use of plastics as a potential replacement for the conventional materials 36

6.1 Supply Chain Analysis 38

6.1.1 Raw Material 38

6.1.2 Masterbatch Producers 38

6.1.3 Distributors 39

6.1.4 Application 39

6.2 Porter’s Five Forces Model 39

6.2.1 Threat of New Entrants 40

6.2.2 Threat of Rivalry 40

6.2.3 Threat of Substitutes 40

6.2.4 Bargaining Power of Supplier 40

6.2.5 Bargaining Power of Buyer 40

7.1 Introduction 42

7.2 COLOR 44

7.3 WHITE 45

7.4 BLACK 46

7.5 ADDITIVE 47

8.1 Introduction 49

8.2 Packaging 51

8.3 Consumer Products 52

8.4 Building & Construction 53

8.5 Automobile Industry 54

8.6 Electrical & Electronics 55

8.7 Others 56

9.1 Introduction 58

9.2 North America 61

9.2.1 U.S. 64

9.2.2 Canada 66

9.2.3 Mexico 68

9.3 Europe 70

9.3.1 Germany 73

9.3.2 Italy 75

9.3.3 France 77

9.3.4 UK 79

9.3.5 Russia 81

9.3.6 Rest of Europe 83

9.4 Asia Pacific 85

9.4.1 China 88

9.4.2 Japan 90

9.4.3 India 92

9.4.4 South Korea 94

9.4.5 Southeast Asia 96

9.4.6 Rest of Asia Pacific 98

9.5 South America 100

9.5.1 Brazil 103

9.5.2 Argentina 105

9.5.3 Colombia 107

9.5.4 Rest of South America 109

9.6 The Middle East and Africa 111

9.6.1 UAE 114

9.6.2 Saudi Arabia 116

9.6.3 EGYPT 118

9.6.4 Nigeria 120

9.6.5 South Africa 122

9.6.6 Rest of Middle East and Africa 124

10.1 Introduction 127

10.2 Global Market Strategy Analysis 127

10.2.1 Key development overview 127

11.1 A. Schulman, Inc 131

11.1.1 Company Overview 131

11.1.2 Financial Overview 131

11.1.3 Products Offered 132

11.1.4 Key Developments 132

11.1.5 SWOT Analysis 133

11.1.6 Key Strategy 133

11.2 Cabot Corporation 134

11.2.1 Company Overview 134

11.2.2 Financial Overview 134

11.2.3 Products Offered 135

11.2.4 Key Developments 135

11.2.5 SWOT Analysis 135

11.2.6 Key Strategies 135

11.3 Clariant 136

11.3.1 Company Overview 136

11.3.2 Financial Overview 136

11.3.3 Products Offered 137

11.3.4 Key Developments 137

11.3.5 SWOT Analysis 137

11.3.6 Key Strategy 137

11.4 PolyOne 138

11.4.1 Company Overview 138

11.4.2 Financial Overview 138

11.4.3 Products Offerings 139

11.4.4 Key Developments 139

11.4.5 SWOT Analysis 140

11.4.6 Key Strategy 140

11.5 Plastika Kritis S.A. 141

11.5.1 Company Overview 141

11.5.2 Financial Overview 141

11.5.3 Products Offerings 142

11.5.4 Key Developments 142

11.5.5 SWOT Analysis 143

11.5.6 Key Strategies 143

11.6 Ampacet Corporation 144

11.6.1 Company Overview 144

11.6.2 Financial Overview 144

11.6.3 Products Offered 144

11.6.4 Key Developments 145

11.6.5 SWOT Analysis 145

11.6.6 Key Strategies 145

11.7 Americhem, Inc. 146

11.7.1 Company Overview 146

11.7.2 Financial Overview 146

11.7.3 Products Offered 146

11.7.4 Key Developments 147

11.7.5 SWOT Analysis 147

11.7.6 Key Strategies 147

11.8 Astra Polymers 148

11.8.1 Company Overview 148

11.8.2 Financial Overview 148

11.8.3 Products Offered 148

11.8.4 Key Developments 149

11.8.5 SWOT Analysis 149

11.8.6 Key Strategy 149

11.9 ALOK 150

11.9.1 Company Overview 150

11.9.2 Financial Overview 150

11.9.3 Products Offered 150

11.9.4 Key Developments 150

11.9.5 SWOT Analysis 151

11.9.6 Key Strategy 151

11.10 Hubron International 152

11.10.1 Company Overview 152

11.10.2 Financial Overview 152

11.10.3 Products Offered 152

11.10.4 Key Developments 152

11.10.5 SWOT Analysis 153

11.10.6 Key Strategy 153

11.11 GABRIEL-CHEMIE Group 154

11.11.1 Company Overview 154

11.11.2 Financial Overview 154

11.11.3 Products Offered 154

11.11.4 Key Development 154

11.11.5 SWOT Analysis 155

11.11.6 Key Strategy 155

11.12 Prayag Polytech 156

11.12.1 Company Overview 156

11.12.2 Financial Overview 156

11.12.3 Products Offered 156

11.12.4 Key Developments 157

11.12.5 SWOT Analysis 157

11.12.6 Key Strategy 157

11.13 DongGuan HengCai Plastic Pigment Ltd 158

11.13.1 Company Overview 158

11.13.2 Financial Overview 158

11.13.3 Products Offered 158

11.13.4 Key Developments 158

11.13.5 SWOT Analysis 159

11.13.6 Key Strategy 159

11.14 Plastiblends 160

11.14.1 Company Overview 160

11.14.2 Financial Overview 160

11.14.3 Products Offered 161

11.14.4 Key Developments 161

11.14.5 SWOT Analysis 162

11.14.6 Key Strategy 162

11.15 POLYPLAST 163

11.15.1 Company Overview 163

11.15.2 Financial Overview 163

11.15.3 Products Offered 163

11.15.4 Key Developments 163

11.15.5 SWOT Analysis 164

11.15.6 Key Strategies 164

11.16 GCR Group 165

11.16.1 Company Overview 165

11.16.2 Financial Overview 165

11.16.3 Products Offerings 165

11.16.4 Key Developments 165

11.16.5 SWOT Analysis 166

11.16.6 Key Strategy 166

11.17 Tosaf 167

11.17.1 Company Overview 167

11.17.2 Financial Overview 167

11.17.3 Products Offerings 167

11.17.4 Key Developments 168

11.17.5 SWOT Analysis 168

11.17.6 Key Strategy 168

11.18 RTP Company 169

11.18.1 Company Overview 169

11.18.2 Financial Overview 169

11.18.3 Products Offerings 169

11.18.4 Key Developments 170

11.18.5 SWOT Analysis 170

11.18.6 Key Strategy 170

TABLE 1 MARKET SYNOPSIS 18

TABLE 2 LIST OF ASSUMPTIONS 21

TABLE 3 GLOBAL MASTERBATCH MARKET, BY TYPE, 2013-2023 (USD MILLION) 42

TABLE 4 GLOBAL MASTERBATCH MARKET, BY TYPE, 2013-2023 (KILO TONS) 43

TABLE 5 GLOBAL MASTERBATCH MARKET FOR COLOR, BY REGION, 2013-2023 (USD MILLION) 44

TABLE 6 GLOBAL MASTERBATCH MARKET FOR COLOR, BY REGION, 2013-2023 (KILO TONS) 44

TABLE 7 GLOBAL MASTERBATCH MARKET FOR WHITE, BY REGION, 2013-2023 (USD MILLION) 45

TABLE 8 GLOBAL MASTERBATCH MARKET FOR WHITE, BY REGION, 2013-2023 (KILO TONS) 45

TABLE 9 GLOBAL MASTERBATCH MARKET FOR BLACK, BY REGION, 2013-2023 (USD MILLION) 46

TABLE 10 GLOBAL MASTERBATCH MARKET FOR BLACK, BY REGION, 2013-2023 (KILO TONS) 46

TABLE 11 GLOBAL MASTERBATCH MARKET FOR ADDITIVE, BY REGION, 2013-2023 (USD MILLION) 47

TABLE 12 GLOBAL MASTERBATCH MARKET FOR ADDITIVE, BY REGION, 2013-2023 (KILO TONS) 47

TABLE 13 GLOBAL MASTERBATCH, BY APPLICATION, 2013-2023 (USD MILLION) 49

TABLE 14 GLOBAL MASTERBATCH MARKET, BY APPLICATION, 2013-2023 (KILO TONS) 50

TABLE 15 GLOBAL MASTERBATCH MARKET FOR PACKAGING, BY REGION, 2013-2023 (USD MILLION) 51

TABLE 16 GLOBAL MASTERBATCH MARKET FOR PACKAGING, BY REGION, 2013-2023 (KILO TONS) 51

TABLE 17 GLOBAL MASTERBATCH MARKET FOR CONSUMER PRODUCTS, BY REGION, 2013-2023 (USD MILLION) 52

TABLE 18 GLOBAL MASTERBATCH MARKET FOR CONSUMER PRODUCTS, BY REGION, 2013-2023 (KILO TONS) 52

TABLE 19 GLOBAL MASTERBATCH MARKET FOR BUILDING & CONSTRUCTION, BY REGION, 2013-2023 (USD MILLION) 53

TABLE 20 GLOBAL MASTERBATCH MARKET FOR BUILDING & CONSTRUCTION, BY REGION, 2013-2023 (KILO TONS) 53

TABLE 21 GLOBAL MASTERBATCH MARKET FOR AUTOMOBILE INDUSTRY, BY REGION, 2013-2023 (USD MILLION) 54

TABLE 22 GLOBAL MASTERBATCH MARKET FOR AUTOMOBILE INDUSTRY, BY REGION, 2013-2023 (KILO TONS) 54

TABLE 23 GLOBAL MASTERBATCH MARKET FOR ELECTRICAL & ELECTRONICS, BY REGION, 2013-2023 (USD MILLION) 55

TABLE 24 GLOBAL MASTERBATCH MARKET FOR ELECTRICAL & ELECTRONICS, BY REGION, 2013-2023 (KILO TONS) 55

TABLE 25 GLOBAL MASTERBATCH MARKET FOR OTHERS, BY REGION, 2013-2023 (USD MILLION) 56

TABLE 26 GLOBAL MASTERBATCH MARKET FOR OTHERS, BY REGION, 2013-2023 (KILO TONS) 56

TABLE 27 GLOBAL MASTERBATCH MARKET, BY REGION, 2013-2023 (USD MILLION) 58

TABLE 28 GLOBAL MASTERBATCH MARKET, BY REGION, 2013-2023 (KILO TONS) 59

TABLE 29 GLOBAL MASTERBATCH MARKET, BY TYPE, 2013-2023 ( USD MILLION) 59

TABLE 30 GLOBAL MASTERBATCH MARKET, BY TYPE, 2013-2023 (KILO TONS) 60

TABLE 31 GLOBAL MASTERBATCH MARKET, BY APPLICATION, 2013-2023 ( USD MILLION) 60

TABLE 32 GLOBAL MASTERBATCH MARKET, BY APPLICATION, 2013-2023 (KILO TONS) 61

TABLE 33 NORTH AMERICA MASTERBATCH MARKET, BY COUNTRY, 2013-2023 (USD MILLION) 61

TABLE 34 NORTH AMERICA MASTERBATCH MARKET, BY COUNTRY, 2013-2023 (KILO TONS) 62

TABLE 35 NORTH AMERICA MASTERBATCH MARKET, BY TYPE, 2013-2023 (USD MILLION) 62

TABLE 36 NORTH AMERICA MASTERBATCH MARKET, BY TYPE, 2013-2023 (KILO TONS) 62

TABLE 37 NORTH AMERICA MASTERBATCH MARKET, BY APPLICATION, 2013-2023 (USD MILLION) 63

TABLE 38 NORTH AMERICA MASTERBATCH MARKET, BY APPLICATION, 2013-2023 (KILO TONS) 63

TABLE 39 U.S. MASTERBATCH MARKET, BY TYPE, 2013-2023 (USD MILLION) 64

TABLE 40 U.S. MASTERBATCH MARKET, BY TYPE, 2013-2023 (KILO TONS) 64

TABLE 41 U.S. MASTERBATCH MARKET, BY APPLICATION, 2013-2023 (USD MILLION) 65

TABLE 42 U.S. MASTERBATCH MARKET, BY APPLICATION, 2013-2023 (KILO TONS) 65

TABLE 43 CANADA MASTERBATCH MARKET, BY TYPE, 2013-2023 ( USD MILLION) 66

TABLE 44 CANADA MASTERBATCH MARKET, BY TYPE, 2013-2023 (KILO TONS) 66

TABLE 45 CANADA MASTERBATCH MARKET, BY APPLICATION, 2013-2023 (USD MILLION) 67

TABLE 46 CANADA MASTERBATCH MARKET, BY APPLICATION, 2013-2023 (KILO TONS) 67

TABLE 47 MEXICO MASTERBATCH MARKET, BY TYPE, 2013-2023 (USD MILLION) 68

TABLE 48 MEXICO MASTERBATCH MARKET, BY TYPE, 2013-2023 (KILO TONS) 68

TABLE 49 MEXICO MASTERBATCH MARKET, BY APPLICATION, 2013-2023 (USD MILLION) 69

TABLE 50 MEXICO MASTERBATCH MARKET, BY APPLICATION, 2013-2023 (KILO TONS) 69

TABLE 51 EUROPE MASTERBATCH MARKET, BY COUNTRY, 2013-2023 (USD MILLION) 70

TABLE 52 EUROPE MASTERBATCH MARKET, BY COUNTRY, 2013-2023 (KILO TONS) 70

TABLE 53 EUROPE MASTERBATCH MARKET, BY TYPE, 2013-2023 (USD MILLION) 71

TABLE 54 EUROPE MASTERBATCH MARKET, BY TYPE, 2013-2023 (KILO TONS) 71

TABLE 55 EUROPE MASTERBATCH MARKET, BY APPLICATION, 2013-2023 (USD MILLION) 72

TABLE 56 EUROPE MASTERBATCH MARKET, BY APPLICATION, 2013-2023 (KILO TONS) 72

TABLE 57 GERMANY MASTERBATCH MARKET, BY TYPE, 2013-2023 (USD MILLION) 73

TABLE 58 GERMANY MASTERBATCH MARKET, BY TYPE, 2013-2023 (KILO TONS) 73

TABLE 59 GERMANY MASTERBATCH MARKET, BY APPLICATION, 2013-2023 (USD MILLION) 74

TABLE 60 GERMANY MASTERBATCH MARKET, BY APPLICATION, 2013-2023 (KILO TONS) 74

TABLE 61 ITALY MASTERBATCH MARKET, BY TYPE, 2013-2023 (USD MILLION) 75

TABLE 62 ITALY MASTERBATCH MARKET, BY TYPE, 2013-2023 (KILO TONS) 75

TABLE 63 ITALY MASTERBATCH MARKET, BY APPLICATION, 2013-2023 (USD MILLION) 76

TABLE 64 ITALY MASTERBATCH MARKET, BY APPLICATION, 2013-2023 (KILO TONS) 76

TABLE 65 FRANCE MASTERBATCH MARKET, BY TYPE, 2013-2023 (USD MILLION) 77

TABLE 66 FRANCE MASTERBATCH MARKET, BY TYPE, 2013-2023 (KILO TONS) 77

TABLE 67 FRANCE MASTERBATCH MARKET, BY APPLICATION, 2013-2023 (USD MILLION) 78

TABLE 68 FRANCE MASTERBATCH MARKET, BY APPLICATION, 2013-2023 (KILO TONS) 78

TABLE 69 UK MASTERBATCH MARKET, BY TYPE, 2013-2023 (USD MILLION) 79

TABLE 70 UK MASTERBATCH MARKET, BY TYPE, 2013-2023 (KILO TONS) 79

TABLE 71 UK MASTERBATCH MARKET, BY APPLICATION, 2013-2023 (USD MILLION) 80

TABLE 72 UK MASTERBATCH MARKET, BY APPLICATION, 2013-2023 (KILO TONS) 80

TABLE 73 RUSSIA MASTERBATCH MARKET, BY TYPE, 2013-2023 (USD MILLION) 81

TABLE 74 RUSSIA MASTERBATCH MARKET, BY TYPE, 2013-2023 (KILO TONS) 81

TABLE 75 RUSSIA MASTERBATCH MARKET, BY APPLICATION, 2013-2023 (USD MILLION) 82

TABLE 76 RUSSIA MASTERBATCH MARKET, BY APPLICATION, 2013-2023 (KILO TONS) 82

TABLE 77 REST OF EUROPE MASTERBATCH MARKET, BY TYPE, 2013-2023 (USD MILLION) 83

TABLE 78 REST OF EUROPE MASTERBATCH MARKET, BY TYPE, 2013-2023 (KILO TONS) 83

TABLE 79 REST OF EUROPE MASTERBATCH MARKET, BY APPLICATION, 2013-2023 (USD MILLION) 84

TABLE 80 REST OF EUROPE MASTERBATCH MARKET, BY APPLICATION, 2013-2023 (KILO TONS) 84

TABLE 81 ASIA PACIFIC MASTERBATCH MARKET, BY COUNTRY, 2013-2023 (USD MILLION) 85

TABLE 82 ASIA PACIFIC MASTERBATCH MARKET, BY COUNTRY, 2013-2023 (KILO TONS) 85

TABLE 83 ASIA PACIFIC MASTERBATCH MARKET, BY TYPE, 2013-2023 (USD MILLION) 86

TABLE 84 ASIA PACIFIC MASTERBATCH MARKET, BY TYPE, 2013-2023 (KILO TONS) 86

TABLE 85 ASIA PACIFIC MASTERBATCH MARKET, BY APPLICATION, 2013-2023 (USD MILLION) 87

TABLE 86 ASIA PACIFIC MASTERBATCH MARKET, BY APPLICATION, 2013-2023 (KILO TONS) 87

TABLE 87 CHINA MASTERBATCH MARKET, BY TYPE, 2013-2023 (USD MILLION) 88

TABLE 88 CHINA MASTERBATCH MARKET, BY TYPE, 2013-2023 (KILO TONS) 88

TABLE 89 CHINA MASTERBATCH MARKET, BY APPLICATION, 2013-2023 (USD MILLION) 89

TABLE 90 CHINA MASTERBATCH MARKET, BY APPLICATION, 2013-2023 (KILO TONS) 89

TABLE 91 JAPAN MASTERBATCH MARKET, BY TYPE, 2013-2023 (USD MILLION) 90

TABLE 92 JAPAN MASTERBATCH MARKET, BY TYPE, 2013-2023 (KILO TONS) 90

TABLE 93 JAPAN MASTERBATCH MARKET, BY APPLICATION, 2013-2023 (USD MILLION) 91

TABLE 94 JAPAN MASTERBATCH MARKET, BY APPLICATION, 2013-2023 (KILO TONS) 91

TABLE 95 INDIA MASTERBATCH MARKET, BY TYPE, 2013-2023 (USD MILLION) 92

TABLE 96 INDIA MASTERBATCH MARKET, BY TYPE, 2013-2023 (KILO TONS) 92

TABLE 97 INDIA MASTERBATCH MARKET, BY APPLICATION, 2013-2023 (USD MILLION) 93

TABLE 98 INDIA MASTERBATCH MARKET, BY APPLICATION, 2013-2023 (KILO TONS) 93

TABLE 99 SOUTH KOREA MASTERBATCH MARKET, BY TYPE, 2013-2023 (USD MILLION) 94

TABLE 100 SOUTH KOREA MASTERBATCH MARKET, BY TYPE, 2013-2023 (KILO TONS) 94

TABLE 101 SOUTH KOREA MASTERBATCH MARKET, BY APPLICATION, 2013-2023 (USD MILLION) 95

TABLE 102 SOUTH KOREA MASTERBATCH MARKET, BY APPLICATION, 2013-2023 (KILO TONS) 95

TABLE 103 SOUTHEAST ASIA MASTERBATCH MARKET, BY TYPE, 2013-2023 (USD MILLION) 96

TABLE 104 SOUTHEAST ASIA MASTERBATCH MARKET, BY TYPE, 2013-2023 (KILO TONS) 96

TABLE 105 SOUTHEAST ASIA MASTERBATCH MARKET, BY APPLICATION, 2013-2023 (USD MILLION) 97

TABLE 106 SOUTHEAST ASIA MASTERBATCH MARKET, BY APPLICATION, 2013-2023 (KILO TONS) 97

TABLE 107 REST OF ASIA PACIFIC MASTERBATCH MARKET, BY TYPE, 2013-2023 (USD MILLION) 98

TABLE 108 REST OF ASIA PACIFIC MASTERBATCH MARKET, BY TYPE, 2013-2023 (KILO TONS) 98

TABLE 109 REST OF ASIA PACIFIC MASTERBATCH MARKET, BY APPLICATION, 2013-2023 (USD MILLION) 99

TABLE 110 REST OF ASIA PACIFIC MASTERBATCH MARKET, BY APPLICATION, 2013-2023 (KILO TONS) 99

TABLE 111 SOUTH AMERICA MASTERBATCH MARKET, BY COUNTRY, 2013-2023 (USD MILLION) 100

TABLE 112 SOUTH AMERICA MASTERBATCH MARKET, BY COUNTRY, 2013-2023 (KILO TONS) 100

TABLE 113 SOUTH AMERICA MASTERBATCH MARKET, BY TYPE, 2013-2023 (USD MILLION) 101

TABLE 114 SOUTH AMERICA MASTERBATCH MARKET, BY TYPE, 2013-2023 (KILO TONS) 101

TABLE 115 SOUTH AMERICA MASTERBATCH MARKET, BY APPLICATION, 2013-2023 (USD MILLION) 102

TABLE 116 SOUTH AMERICA MASTERBATCH MARKET, BY APPLICATION, 2013-2023 (KILO TONS) 102

TABLE 117 BRAZIL MASTERBATCH MARKET, BY TYPE, 2013-2023 (USD MILLION) 103

TABLE 118 BRAZIL MASTERBATCH MARKET, BY TYPE, 2013-2023 (KILO TONS) 103

TABLE 119 BRAZIL MASTERBATCH MARKET, BY APPLICATION, 2013-2023 (USD MILLION) 104

TABLE 120 BRAZIL MASTERBATCH MARKET, BY APPLICATION, 2013-2023 (KILO TONS) 104

TABLE 121 ARGENTINA MASTERBATCH MARKET, BY TYPE, 2013-2023 (USD MILLION) 105

TABLE 122 ARGENTINA MASTERBATCH MARKET, BY TYPE, 2013-2023 (KILO TONS) 105

TABLE 123 ARGENTINA MASTERBATCH MARKET, BY APPLICATION, 2013-2023 (USD MILLION) 106

TABLE 124 ARGENTINA MASTERBATCH MARKET, BY APPLICATION, 2013-2023 (KILO TONS) 106

TABLE 125 COLOMBIA MASTERBATCH MARKET, BY TYPE, 2013-2023 (USD MILLION) 107

TABLE 126 COLOMBIA MASTERBATCH MARKET, BY TYPE, 2013-2023 (KILO TONS) 107

TABLE 127 COLOMBIA MASTERBATCH MARKET, BY APPLICATION, 2013-2023 (USD MILLION) 108

TABLE 128 COLOMBIA MASTERBATCH MARKET, BY APPLICATION, 2013-2023 (KILO TONS) 108

TABLE 129 REST OF SOUTH AMERICA MASTERBATCH MARKET, BY TYPE, 2013-2023 ( USD MILLION) 109

TABLE 130 REST OF SOUTH AMERICA MASTERBATCH MARKET, BY TYPE, 2013-2023 (KILO TONS) 109

TABLE 131 REST OF SOUTH AMERICA MASTERBATCH MARKET, BY APPLICATION, 2013-2023 (USD MILLION) 110

TABLE 132 REST OF SOUTH AMERICA MASTERBATCH MARKET, BY APPLICATION, 2013-2023 (KILO TONS) 110

TABLE 133 THE MIDDLE EAST AND AFRICA MASTERBATCH MARKET, BY COUNTRY, 2013-2023 (USD MILLION) 111

TABLE 134 THE MIDDLE EAST AND AFRICA MASTERBATCH MARKET, BY COUNTRY, 2013-2023 (KILO TONS) 111

TABLE 135 THE MIDDLE EAST AND AFRICA MASTERBATCH MARKET, BY TYPE, 2013-2023 (USD MILLION) 112

TABLE 136 THE MIDDLE EAST AND AFRICA MASTERBATCH MARKET, BY TYPE, 2013-2023 (KILO TONS) 112

TABLE 137 THE MIDDLE EAST AND AFRICA MASTERBATCH MARKET, BY APPLICATION, 2013-2023 (USD MILLION) 113

TABLE 138 THE MIDDLE EAST AND AFRICA MASTERBATCH MARKET, BY APPLICATION, 2013-2023 (KILO TONS) 113

TABLE 139 UAE MASTERBATCH MARKET, BY TYPE, 2013-2023 (USD MILLION) 114

TABLE 140 UAE MASTERBATCH MARKET, BY TYPE, 2013-2023 (KILO TONS) 114

TABLE 141 UAE MASTERBATCH MARKET, BY APPLICATION, 2013-2023 (USD MILLION) 115

TABLE 142 UAE MASTERBATCH MARKET, BY APPLICATION, 2013-2023 (KILO TONS) 115

TABLE 143 SAUDI ARABIA MASTERBATCH MARKET, BY TYPE, 2013-2023 (USD MILLION) 116

TABLE 144 SAUDI ARABIA MASTERBATCH MARKET, BY TYPE, 2013-2023 (KILO TONS) 116

TABLE 145 SAUDI ARABIA MASTERBATCH MARKET, BY APPLICATION, 2013-2023 (USD MILLION) 117

TABLE 146 SAUDI ARABIA MASTERBATCH MARKET, BY APPLICATION, 2013-2023 (KILO TONS) 117

TABLE 147 EGYPT MASTERBATCH MARKET, BY TYPE, 2013-2023 (USD MILLION) 118

TABLE 148 EGYPT MASTERBATCH MARKET, BY TYPE, 2013-2023 (KILO TONS) 118

TABLE 149 EGYPT MASTERBATCH MARKET, BY APPLICATION, 2013-2023 (USD MILLION) 119

TABLE 150 EGYPT MASTERBATCH MARKET, BY APPLICATION, 2013-2023 (KILO TONS) 119

TABLE 151 NIGERIA MASTERBATCH MARKET, BY TYPE, 2013-2023 (USD MILLION) 120

TABLE 152 NIGERIA. MASTERBATCH MARKET, BY TYPE, 2013-2023 (KILO TONS) 120

TABLE 153 NIGERIA MASTERBATCH MARKET, BY APPLICATION, 2013-2023 (USD MILLION) 121

TABLE 154 NIGERIA MASTERBATCH MARKET, BY APPLICATION, 2013-2023 (KILO TONS) 121

TABLE 155 SOUTH AFRICA MASTERBATCH MARKET, BY TYPE, 2013-2023 (USD MILLION) 122

TABLE 156 SOUTH AFRICA. MASTERBATCH MARKET, BY TYPE, 2013-2023 (KILO TONS) 122

TABLE 157 SOUTH AFRICA MASTERBATCH MARKET, BY APPLICATION, 2013-2023 (USD MILLION) 123

TABLE 158 SOUTH AFRICA MASTERBATCH MARKET, BY APPLICATION, 2013-2023 (KILO TONS) 123

TABLE 159 REST OF MIDDLE EAST AND AFRICA MASTERBATCH MARKET, BY TYPE, 2013-2023 (USD MILLION) 124

TABLE 160 REST OF MIDDLE EAST AND AFRICA MASTERBATCH MARKET, BY TYPE, 2013-2023 (KILO TONS) 124

TABLE 161 REST OF MIDDLE EAST AND AFRICA MASTERBATCH MARKET, BY APPLICATION, 2013-2023 (USD MILLION) 125

TABLE 162 REST OF MIDDLE EAST AND AFRICA MASTERBATCH MARKET, BY APPLICATION, 2013-2023 (KILO TONS) 125



FIGURE 1 GLOBAL MASTERBATCH MARKET: MARKET STRUCTURE 21

FIGURE 2 KEY TAKEAWAYS OF THE MASTERBATCH MARKET 22

FIGURE 3 NORTH AMERICA MARKET SIZE & MARKET SHARE BY COUNTRY (2017 VS 2023) 24

FIGURE 4 EUROPE MARKET SIZE & MARKET SHARE BY COUNTRY (2017 VS 2023) 24

FIGURE 5 ASIA-PACIFIC & MARKET SHARE BY COUNTRY (2017 VS 2023) 25

FIGURE 6 SOUTH AMERICA MARKET SIZE & MARKET SHARE BY COUNTRY (2017 VS 2023) 25

FIGURE 7 MIDDLE EAST & AFRICA MARKET SIZE & MARKET SHARE BY COUNTRY (2017 VS 2023) 26

FIGURE 8 MASTERBATCH MARKET, BY REGION, 2017 26

FIGURE 9 RESEARCH PROCESS OF MRFR 28

FIGURE 10 TOP DOWN & BOTTOM UP APPROACH 31

FIGURE 11 MARKET DYNAMICS OVERVIEW 33

FIGURE 12 SUPPLY CHAIN ANALYSIS 38

FIGURE 13 PORTER'S FIVE FORCES ANALYSIS OF THE GLOBAL MASTERBATCH MARKET 39

FIGURE 14 GLOBAL MASTERBATCH MARKET, BY TYPE, 2013-2023 (USD MILLION) 42

FIGURE 15 GLOBAL MASTERBATCH MARKET, BY TYPE, 2013-2023 (KILO TONS) 43

FIGURE 16 GLOBAL MASTERBATCH MARKET, BY APPLICATION, 2013-2023 (USD MILLION) 49

FIGURE 17 GLOBAL MASTERBATCH MARKET, BY APPLICATION, 2013-2023 (KILO TONS) 50

FIGURE 18 GLOBAL MASTERBATCH MARKET BY REGION, 2013-2023 (USD MILLION) 58

FIGURE 19 GLOBAL MASTERBATCH MARKET BY REGION, 2013-2023 (KILO TONS) 59

 Report Infographic image

Global Masterbatch Market: Competitive Landscape


The prominent players operating in the global masterbatch market are A. Schulman, Inc., Cabot Corporation, Clarian, PolyOne, Plastic Kristi S.A., Apace Corporation, Aleichem, Inc., Astra Polymers, ALOK, Hebron International, GABRIEL-CHEMIE Group, Praying Polytechnic, Dongguan Hengan Plastic Pigment Ltd., Plastiblends, POLYPLAST, GCR Group, Tosaf, and RTP Company.


Cabot Corporation, Clariant, A. Schulman, Inc, PolyOne, and Tosaf collectively account for the majority market share. The global masterbatch market is characterized by healthy competition among the leading market players due to the vast potential for growth. The market comprises a significant number of tier-1 and tier-2 companies, along with several small and medium-scale players. The major market players are adopting various business tactics including mergers & acquisitions, capacity expansions, new product launches, and supply agreements to attain a substantial market share and earn sizeable revenue during the review period.


Cabot Corporation is a leading specialty and performance materials company. In April 2018, the company started a new production line of black masterbatch at its manufacturing facility in Pepinster, Belgium, to strengthen its presence in Europe. The company acquired Tech Blend, a leading North American producer of black masterbatch, for around USD 64 million, in November 2017. The acquisition helped Cabot Corporation strengthen its black masterbatch portfolio and expand its global footprint.


Clariant is a leading specialty chemicals producer. It operates through four business segments—care chemicals, catalysis, natural resources, and plastics and coatings. The company is focused on product innovation through R&D. In January 2018, it opened a new state-of-the-art masterbatch production site in Yanbu, Saudi Arabia to strengthen its position in the Middle East & Africa and to expand its white masterbatch portfolio.



  1. Schulman, Inc. produces and supplies high-performance plastic compounds, composites, and resins. The company offers a significant range of products for additives and white, black, and other color masterbatches. In December 2017, the company expanded its masterbatch production capacity in Givet, France, by adding a new line with a capacity of 45,000 tons per annum. In November 2017, the company started production at its new site in Turkey to serve the increasing demand for high-quality and technically advanced white, additives, and natural masterbatches. This plant has a production capacity of 17,500 tonnes per annum.


PolyOne produces thermoplastic compounds. The company offers specialized polymer materials, services, and solutions throughout North America, in the US, Mexico, Canada, and in Europe, South America, and Asia. The company is focused on four core components—specialization, globalization, commercial excellence, and operational excellence. In 2018, PolyOne acquired the Spanish IQAP Masterbatch Group S.L.; this acquisition is expected to enable the company to build a technical and broad solutions portfolio and strengthen its position in the European market.


Tosaf is an Israeli manufacturer and seller of high-quality additives, compounds, and color masterbatches for the plastics industry. The company aims to expand its presence across the globe by opening new production lines in North America and Europe. Moreover, the company is strengthening its product portfolio through new product launches. Tosaf USA Inc. started operations at its newly constructed plant in North Carolina, US, in 2018. This plant produces color masterbatches and will serve the rising demand for masterbatches across North America. Moreover, in March 2018, Tosaf launched a new anti-fog masterbatch, AF7380PE. This masterbatch is suitable for a wide range of production processes such as laminated polyethylene films and multi-layer co-ex barrier films.