마스터배치 시장은 2024-2031년간 5.9%의 연평균 복합 성장률(CAGR)로 성장하여 2031년까지 228억 달러에 달할 것으로 예측됩니다. 이 시장의 성장은 주로 플라스틱 제조에서 기능성 첨가제에 대한 요구 증가, 맞춤형 색상, 질감 및 특성을 가진 플라스틱에 대한 수요 증가, 다양한 산업에서 플라스틱 제품의 사용 증가로 인해 발생합니다. 그러나 플라스틱으로 인한 환경오염에 대한 인식이 높아지면서 이 시장의 성장을 억제하고 있습니다. 또한, 생분해성 및 지속 가능한 마스터배치 옵션에 대한 수요 증가와 헬스케어 및 식품 산업에서 안전하고 위생적인 포장재에 대한 요구가 증가함에 따라 시장 성장의 기회가 창출될 것으로 예상됩니다. 그러나 생분해성 마스터배치 옵션의 가용성이 제한적이라는 점은 이 시장에서 사업을 운영하는 업체들에게 큰 도전이 되고 있습니다.
이 조사 보고서는 주요 5개 지역의 마스터배치 시장을 상세하게 분석했으며, 현재 시장 동향, 시장 규모, 시장 점유율, 최근 동향, 2031년까지의 예측 등을 정리하여 전해드립니다.
(주 : 주요 5개사의 SWOT 분석을 게재)
Masterbatch Market Size, Share, Forecast, & Trends Analysis by Product (Color, Additive, White, Black), Type (Biodegradable), Polymer (PE, PA, PP, PVC, PS, PUR, PET, PVDF), End User (Consumer Electronics, Packaging)-Global Forecast to 2031
The research report titled, 'Masterbatch Market Size, Share, Forecast, & Trends Analysis by Product (Color, Additive, White, Black), Type (Biodegradable), Polymer (PE, PA, PP, PVC, PS, PUR, PET, PVDF), End User (Consumer Electronics, Packaging)-Global Forecast to 2031', provides in-depth analysis of masterbatch market across five major geographies and emphasizes on the current market trends, market sizes, market shares, recent developments, and forecasts till 2031.
The masterbatch market is projected to reach $22.8 billion by 2031, at a CAGR of 5.9% from 2024 to 2031. The growth of this market is primarily driven by the increasing requirements for functional additives in plastics manufacturing, the rising demand for plastics with customized colors, textures, and properties, and the increasing application of plastic products across various industries. However, growing awareness regarding environmental pollution due to plastics restrains the growth of this market. Additionally, the increasing demand for biodegradable & sustainable masterbatch options and the growing need for safe & hygienic packaging materials in the healthcare and food industries are expected to create market growth opportunities. However, the limited availability of biodegradable masterbatch options is a major challenge for the players operating in this market.
The masterbatch market is segmented by product, type, polymer, and end user. The study also evaluates industry competitors and analyzes the market at the regional and country levels.
Based on product, the masterbatch market is broadly segmented into color, additive, white, black, filler, UV, and other products. In 2024, the color segment is expected to account for the largest share of over 23.0% of the masterbatch market. The large market share of this segment can be attributed to the growing demand for customized colors across various industries, including packaging, the increasing importance of visual appeal in consumer products to attract consumers, the growing need for consistent color branding across product lines, and the increasing need to color code products for easy identification and compliance with safety standards.
However, the UV segment is projected to record the highest growth rate during the forecast period 2024-2031. This segment's growth is driven by increasing awareness regarding the damaging effects of UV radiation on plastics, government regulations & industry standards mandating UV protection, and the growing demand for UV masterbatch products to enhance the durability and longevity of plastic products exposed to outdoor environments.
Based on type, the masterbatch market is broadly segmented into biodegradable and non-biodegradable masterbatches. In 2024, the non-biodegradable segment is expected to account for the larger share of the masterbatch market. The large market share of this segment can be attributed to the low costs of non-biodegradable plastics, their high durability & long shelf life, which makes them ideal for applications requiring prolonged use and resistance to environmental factors, and the growing demand for non-biodegradable plastics with performance characteristics in end-use industries including packaging, automotive, and consumer electronics.
However, the biodegradable segment is projected to record a higher growth rate during the forecast period 2024-2031. This segment's growth is driven by the rising demand for biodegradable masterbatch products as sustainable alternatives to traditional plastics, the increasing development of innovative biodegradable polymers, additives, and processing technologies, and government regulations and policies aimed at reducing single-use plastics and promoting the use of biodegradable materials in packaging applications.
Based on polymer, the masterbatch market is broadly segmented into polyethylene (PE), polyamide (PA), polypropylene (PP), polyvinyl chloride (PVC), polystyrene (PS), polyurethane (PUR), polyethylene terephthalate (PET), polybutylene terephthalate (PBT), ethylene vinyl acetate (EVA), polyvinylidene fluoride (PVDF), polyether ether ketone (PEEK), acrylonitrile butadiene styrene (ABS), and other polymers. In 2024, the polyethylene (PE) segment is expected to account for the largest share of over 24.0% of the masterbatch market. The large market share of this segment can be attributed to the growing demand for polyethylene masterbatch products in packaging applications such as food packaging, beverage containers, and industrial packaging, their increasing use in the automotive industry for interior and exterior components, and agricultural applications including greenhouse films, and irrigation pipes due to their cost-effectiveness, versatility, barrier properties, flexibility, and durability.
However, the polyethylene terephthalate (PET) segment is projected to record the highest growth rate during the forecast period 2024-2031. This segment's growth is driven by the increasing preference for PET masterbatch products due to their clarity, light weight, recyclability, moisture resistance, ease of processing, and barrier properties, as well as the increasing demand for them in medical and pharmaceutical packaging applications, the textile industry for synthetic fibers and fabrics, and electronics manufacturing.
Based on end user, the masterbatch market is broadly segmented into building & construction equipment manufacturers, consumer electronics & appliances manufacturers, automotive manufacturers, textile manufacturers, agricultural equipment manufacturers, aerospace & defense equipment manufacturers, packaging manufacturers, medical device manufacturers, and other end users. In 2024, the packaging manufacturers segment is expected to account for the largest share of over 38.0% of the masterbatch market. The large market share of this segment can be attributed to the growing adoption of masterbatch products among packaging manufacturers to enhance the recyclability, biodegradability, and environmental performance of packaging materials, the growing preference for flexible packaging formats, including pouches and bags, and rapid growth in e-commerce and online retail driving the demand for protective and visually appealing packaging materials.
However, the consumer electronics & appliances manufacturers segment is projected to record the highest growth rate during the forecast period 2024-2031. The growth of this segment is driven by electronics & appliances manufacturers' increasing use of masterbatch additives in the production of plastic components for coloration, surface finishing, texture enhancement, reinforcement, flame retardancy, and UV protection, and technological advancements in 3D printing, smart electronics, and IoT devices.
Based on geography, the masterbatch market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2024, Asia-Pacific is expected to account for the largest share of over 36.0% of the masterbatch market, followed by Europe, North America, Latin America, and the Middle East & Africa. Asia-Pacific's significant market share can be primarily attributed to the rising automotive production and sales in the region, the rapid growth in e-commerce and online retail, the increasing demand for plastic products and packaging materials, the growing use of masterbatch products in applications such as pipes, cables, fittings, and building materials, and the increasing use of masterbatch additives for coloration, functional enhancements, and performance improvements. The region is also projected to register the highest growth rate of over 7.0% during the forecast period.
The key players operating in the masterbatch market are Ampacet Corporation (U.S.), LyondellBasell Industries N.V. (Netherlands), Cabot Corporation (U.S.), PLASTIKA KRITIS (Greece), Plastiblends (India), Hubron International (U.K.), Tosaf Compounds Ltd. (Israel), Penn Color, Inc. (U.S.), Americhem (U.S.), Clariant International Ltd (Switzerland), RTP Company (U.S.), Gabriel-Chemie GmbH (Austria), Avient Corporation (U.S.), SOLTEX PETRO PRODUCTS LTD. (India), Budin Group (U.S.), Poddar Pigments Limited (India), and Exxon Mobil Corporation (U.S.).
Masterbatch Market Assessment-by Product
Masterbatch Market Assessment-by Type
Masterbatch Market Assessment-by Polymer
Masterbatch Market Assessment-by End User
Masterbatch Market Assessment-by Geography
(Note: SWOT analyses of the top 5 companies will be provided.)