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.

Statistic 1

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

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Statistic 2

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

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Statistic 3

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

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Statistic 4

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

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Statistic 5

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

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Statistic 6

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

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Statistic 7

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

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Statistic 8

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

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Statistic 9

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

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Statistic 10

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

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Statistic 11

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

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Statistic 12

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

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Statistic 13

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

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Statistic 14

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

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Statistic 15

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

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Statistic 16

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

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Statistic 17

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

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Statistic 18

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

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Statistic 19

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

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