GITNUX MARKETDATA REPORT 2024

Masterbatch Industry Statistics

The Masterbatch Industry is projected to witness steady growth driven by increasing demand for colored and functional plastics across various end-use industries.

Last Updated: June 22, 2024

Written & Summarized by: Jannik Lindner

How we write

In this post, we will explore key statistics and insights pertaining to the global masterbatch industry. From market size and growth projections to regional trends and key players, these statistics provide a comprehensive overview of the industry landscape.

Statistic 1

"The global masterbatch market is estimated to be worth $13.6 billion in 2022."

Statistic 2

"The Compound Annual Growth Rate (CAGR) is projected to be 5.1% from 2020 to 2025."

Statistic 3

"By type, the color masterbatch segment led the masterbatch market in 2019."

Statistic 4

"In 2019, the polymer segment accounted for the largest share of the market."

Statistic 5

"Europe is expected to be the largest masterbatch market during the forecast period."

Statistic 6

"By 2026, the packaging segment is expected to dominate the masterbatch market."

Statistic 7

"The Asia-Pacific region, dominated by China, is the fastest-growing market for masterbatch."

Statistic 8

"The masterbatch industry is highly competitive, with key players including Clariant, A. Schulman, and PolyOne."

Statistic 9

"The largest end-use industry for masterbatch is packaging, accounting for the majority of consumption."

Statistic 10

"In 2019, the global demand for masterbatch exceeded 7 million tons."

Statistic 11

"The high growth potential markets for masterbatch are automotive and healthcare."

Statistic 12

"In 2020, the plastic segment dominated the masterbatch market with a share of 28.3%."

Statistic 13

"The black masterbatch market size was around $2.4 billion in 2018."

Statistic 14

"By the end of 2022, 35.4K tons of masterbatch will be consumed by the automotive sectors."

Statistic 15

"The Asia-Pacific region accounted for the largest share of the white masterbatch market in 2019."

Statistic 16

"The global masterbatch market is highly fragmented, with the top five providers accounting for about 35% of the market."

Statistic 17

"The forecasted growth rate for the masterbatch industry in the Middle East & Africa is 4% from 2020 to 2026."

Statistic 18

"By 2023, the Indian masterbatch market is projected to reach $1.1 billion."

Statistic 19

"The global consumption of masterbatch was over 4,300 kilo tons in 2015."

In conclusion, the masterbatch industry is witnessing significant growth and evolution, with key trends such as the dominance of color and polymer masterbatch types, the high competitiveness among major players, and the expanding market demand driven by sectors like packaging, automotive, and healthcare. The statistics highlight strong market value, regional dynamics favoring Europe and Asia-Pacific, and future projections pointing towards a notable CAGR, particularly in emerging markets like the Middle East & Africa and India. Overall, the masterbatch market is poised for continued expansion and diversification in the coming years, presenting opportunities for both existing and prospective industry participants.

Jannik Lindner

Jannik is the Co-Founder of Gitnux and has been working in the digital space since 2016. He is specialized in content and tech.

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