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Masterbatch Market Size, Share & Industry Forecast to 2032
A solid or liquid ingredient called a masterbatch is used to paint or impart certain qualities to polymers.
Plastic objects are given colour or shade using coloured masterbatch. Properties like energy, effect, UV
stabiliser, biodegradable, antioxidant, and others can be communicated using them. The ideal product
would be a mixture of pigment, additives, and carrier resin that has been heated, cooled, and then
chopped into granular form. During the production of plastics, it aids the processor in efficiently
colouring raw polymer.
The global masterbatch market size was valued at USD 10.99 billion in 2018 and is projected to reach
USD 16.35 billion by 2026, exhibiting a CAGR of 5.3% during the forecast period. This information is
presented by Fortune Business Insights, in its report titled, “Masterbatch Market, 2025-2032.”

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Segmentation:
 Color Segment to Dominate Market During Forecast Period
Based on type, the market is classified into white, black, color, additive, and fillers. The white segment
held the major share of the market.
 Polyethylene to be Leading Segment Over Forecast Period
In terms of application, the market is segmented into polyethylene, polypropylene, polyvinyl chloride,
polyethylene terephthalate, and others.
 Packaging Segment to Account for Major Share Over Forecast Period
In terms of end-use, the market is segmented into packaging, building & construction, consumer good,
automotive, agriculture, and others. The packaging segment accounts for the major share in the
forecast timeframe.
List of Masterbatches Market Manufacturers include:
 Clariant
 Ampacet Corporation
 A. Schulman, Inc.
 PolyOne
 Cabot Corporation
 PLASTIKA KRITIS S.A.
 Plastiblends
 Hubron International
 Tosaf
 Penn Color Inc.
 Other Key Players
Competitive Landscape:
Fragmented Nature of Market Will Intensify Competition
The global masterbatches market enjoys a fragmented nature of the market owing to the presence of
various players both small and medium-sized. Companies are aiming at a large network of distribution
and providing a good supply chain with regulatory expertise. Other players are engaging in collaborative
efforts such as joint ventures, partnerships, mergers and acquisitions, contracts and agreements, and
others to gain a competitive edge in the market on the one side and earn attracting revenue on the
other.
Drivers and Restraints:
Market Growth is Being Driven by the Plastic Packaging Industry
High growth was seen in the plastic packaging sector, and there was a steady transition to new retail
formats. Growing sales rates encourage organised retail expansion as well, driving up demand for
inventive and appealing packaging. One of the retail industry's fastest-growing segments is food and
beverage. Growth in this industry is probably going to encourage the usage of packaging, as plastic
packaging improves food quality and increases shelf life. Packaged food is projected to be a rapidly
expanding segment. Along with food and drink, pharmaceuticals are another industry that heavily
utilises packaging. It is projected that the pharmaceutical business will experience double-digit
expansion.

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Major Industry Developments of the Market include:
February 2019 – PLA masterbatches were launched by Viba, a masterbatch producer in Italy. It is a
range of color concentrating additives or combining masterbatches based on a PLA carrier material and
optimized for various processing technologies.
December 2019 – Clariant Color and Masterbatches Additives Company were acquired by PolyOne
Corporation for introducing specialized technology and solutions to the end-user market for apparel,
packaging, and healthcare.
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