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Growth of Masterbatch Market Attributed to Thriving Food and Beverage Packaging Industry

Published By: IndustryARC Published On : 12-Feb-2019
IndustryARC’s research analysts have compiled a report on masterbatch market, covering all the recent developments and circumstances affecting the estimated $10,850 million opportunity as of 2018, and growing with a phenomenal CAGR of 10.23% during the forecast period of 2019 to 2025. The study incorporates all the commercial aspects of the commodity’s market size ranging from its end-users industries and regional revenue pockets to an imperative competitive landscape. The report is titled “

Masterbatch market:  by type (standard color, white, additive, black, special effect, filler), by process (extrusion, molding), by carrier resins (polyethylene (PE), polyethylene terephthalate (PET), polystyrene (PS), acrylonitrile butadiene styrene (ABS), ethylene-vinyl acetate (EVA), polypropylene (PP), polybutylene terephthalate (PBT), polyvinylchloride (PVC), others), by end-user industry (automotive, electrical & electronics, building & construction, fast-moving consumer goods (FMCG), textiles, health care, pharmaceutical, food & beverage, others), by application (flame retardant, antifouling agent, antistatic agent, lubricant, anti-fog agent, extrusion aids, ultraviolet resistance, corrosion inhibitor, phosphorescence, anti-microbial, anti-oxidant, others)by geography (North America, Europe, Asia Pacific, South America, Middle East & Africa) - forecast(2019-2025)

.”

Browse 76 Market Tables, 178 Figures spread through 163 slides and an in-depth TOC “

Masterbatch Market (2018 - 2023)


Global Masterbatch Market: Demand Analysis

The IndustryARC market research report pinpoints Asia Pacific as the most lucrative region, generating more than 48% of the total demand in 2018. On the other hand, the food and beverage industry is tipped as the foremost end user with CAGR of around 10.8% during the forecast period 2019 to 2025.


Global Masterbatch Market: Competitive Landscape

Ampacet Corporation is global masterbatch market leader that offers the range of custom color, additives for rigid extrusion process and applications. Ampacet has released the cell-struct line of special effects produces a visually intriguing three dimension texture. This product is appropriate for multi-layer processing, allowing accentuation for the dimensional effect in applications such as personal care products and home products. Ampacet also introduced the PERMSTAT 232, additive solution for biaxially-oriented polypropylene (BOPP). This can be used in printing, converting and labeling operations. It provides consistent antistatic performance such as time temperature and relative humidity allowing its use in “no-label” look applications such as transparent containers.

Clariant Masterbatches

is one of seven business units of Clariant International Ltd., and a prominent name in the global masterbatch market. It has prominence in color and additive concentrates and provides innovative solutions for plastics in the masterbatch market. Clariant has developed a new range of organic pigments, which are easily dispersible waterborne (EDW). EDW pigment has a modified surface treated with special additives to avoid clumping. EDW pigments reduce the processing time to increase the production capacity with saving electric consumptions.

PolyOne Corporation

is a premier provider of specialty polymer formulations, color and additive systems, packaging solutions, and polymer distribution in the masterbatch market. PolyOne recently introduced polymer additive product, ColorMatrix Amosorb SolO2. This solution is effective for sectors that require lightweight empty bottle storage and containers. This product is suitable for mono and multilayer containers as well as for thermoformed sheep applications.

Americhem

is a global manufacturer of custom color additives in the masterbatch market. Recently, they introduced FDA & NSF certified custom color masterbatch compounds and additive masterbatch solutions for PET feeding system. Moreover, Americhem, in October 2018, released a new innovative additives for the fiber industry:
  • The first technology is Americhem masterbatch of deep dyeing for PET synthetic fiber. Additive technology provides main advantages to PET/PA6 bicomponent fiber. It enables darker dyeing, dosing flexibility, and reduction in treatment cost.
  • The second technology is a masterbatch of cationic dye for Polyethylene Terephthalate (PET) synthetic fibers. This product offers benefits to recycled polyethylene terephthalate (RPET) application. It enables deeper and darker dyeing with full dye bath exhaustion, it is supplied in crystalline form.
  • The third innovation is masterbatch of stain resistance for fiber. It is widely used in carpeting and apparel (PA6 synthetic fiber) as it provides superior stain fighting performance.   

Tosaf Group

is a global leader in manufacturing high quality color masterbatches and additives for the plastic industry. Tosaf Group recently launched a new anti-fog masterbatch ‘AF7380PE’ which helps in reducing the harmful effects of water drops on packaging films. AF7380PE is suitable for many production processes including laminated polyethylene films, multi-layer co-ex barrier films, and oriented films.

Global Masterbatch Market: Growth Drivers

Masterbatches can be used in most of the processes, except rotational molding, plastisol, and other liquid resin systems. Increased usage of plastic products and packaged products are the main factors behind masterbatch market growth. The increasing use of plastics in the automotive, consumer goods, building, and construction industries is stroking the demand for masterbatches. Masterbatch contains additive concentrates that deliver desirable traits such as UV stability, antioxidants, optical brightening, and scratch and surface resistance, which are all responsible for the growth of the market. Strict government regulations towards greenhouse gas emission is increasing the demands for lightweight vehicles. This can be achieved by replacing the metal with plastic in the manufacturing of vehicles. This will reduce carbon emission and increase overall fuel efficiency. Additionally, rising investments on infrastructural developments used in the production of wires, cables, and plastics are also projected to boost demand for masterbatch.

Owing to the hazardous effects, biodegradability of plastics is identified by the analysts as the most prominent challenge in the global masterbatch market. Stringent environmental laws imposed by the governments in various developed countries including Canada, USA, Australia, and most of the European countries has already banned disposable plastic bags to protect the environment. Many manufacturers of plastics and packaging industries are searching for an alternative and eco-friendly solutions to protect the environment from non-biodegradable plastics.

Masterbatch is used as  colorants of plastic that is used in packaging, manufacturing of containers, and other products. The requirement of color plastic is showing high growth in the automotive sector, wherein manufacturing of lightweight vehicles is the latest trend as it reduces carbon emission and saves natural resources. Usage of plastics can be harmful as it is a non-biodegradable substance, which is the primary restraint over the masterbatch market prosperity. Many manufacturers are expanding their presence in Asian countries to benefit from the low-cost structure and the growing demand for plastics. Also, different key players in the market are investing in research and development to find optimum ways of using plastic without harming the environment.  

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