Global Additive Masterbatch Industry Overview
Technavio’s analysts have identified the high demand from automotive industry to be one of the major factors boosting the additive masterbatch market’s growth. With the rising use of additive masterbatches in plastic products such as radiator shrouds, filler tubes, gas caps, door modules, slides, levers and other automotive components, the masterbatch industry is likely to witness continuous growth in the next few years. Furthermore, the use of lightweight plastic parts helps the OEMs in offering increased fuel efficiency and reduced carbon emissions, in turn, creating growth opportunities for various plastic masterbatch manufacturers.
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Companies covered
The market is fragmented owing to the presence of several additive masterbatch manufacturers offering additive masterbatch for several applications. The companies are competing against each other while investing significantly in offering advanced products to gain a significant share in this competitive environment. This plastic additive masterbatch market research report will aid clients identify new growth opportunities and design new growth strategies by offering a complete analysis of the market’s competitive landscape.
The report offers a complete analysis of various companies including –
- A. Schulman
- Clariant
- DOW Corning Corporation
- Plastiblends India
- PLASTIKA KRITIS
- PolyOne Corporation
Geographic segmentation of the additive masterbatch market
Technavio’s additive masterbatch industry research analysts have estimated that EMEA contribute to the maximum growth of this market throughout the predicted period. With the growing use of masterbatch in the prominent automotive industry of the advanced economies such the UK and Germany, the region is expected to continue gaining largest additive masterbatch market share in the forthcoming years as well.
Additive masterbatch market growth based on end-user
- Packaging
- Automotive
- Consumer goods
- Building and Construction
According to Technavio’s market research experts, the packaging sector will account for the maximum growth of the market. Additionally, the plastic additive masterbatch market research report also provides an accurate prediction of the contribution of the various other end-user segments to the growth of the additive masterbatch market size.
Key highlights of the global additive masterbatch market for the forecast years 2018-2022:
- CAGR of the market during the forecast period 2018-2022
- Detailed information on factors that will accelerate the growth of the additive masterbatch market during the next five years
- Precise estimation of the global additive masterbatch market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- Growth of the additive masterbatch industry across various geographies such as the Americas, APAC, and EMEA
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors
- Comprehensive information about factors that will challenge the growth of additive masterbatch companies
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This market research report analyzes the market outlook and provides a list of key trends, drivers, and challenges that are anticipated to impact the global additive masterbatch market and its stakeholders over the forecast years.
The global additive masterbatch market analysts at Technavio have also considered how the performance of other related markets in the vertical will impact the size of this market till 2022. Some of the markets most likely to influence the growth of the additive masterbatch market over the coming years are the industrial adhesives market and the metal additive manufacturing market.
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