Additive Masterbatch Market - Global Forecast to 2021 - New Report Available

From: Fast Market Research, Inc.
Published: Thu Jul 14 2016

Additive Masterbatch Market by Type (Antimicrobial, Antioxidant, Flame Retardants, and others), Carrier Resin (PE, PP, PS, and Others), End-use Industry (Packaging, Building & Construction, Consumer Goods, Automotive, Agriculture, and Others) - Global Forecast to 2021

"Increasing demand for durable products to drive the additive masterbatch market"

The market size of additive masterbatch is projected to reach USD 3.40 billion by 2021, registering a CAGR of 6.0% between 2016 and 2021. The rising demand for durable and advanced products is driving the market for additive masterbatch. The rise in use of plastics in heavy and light packing drives the demand for additive masterbatch. China is the largest market for additive masterbatch o because of rising demand from the end-use industries such as automotive, packaging, and others.

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"Antimicrobial additive masterbatch to dominate the market during the forecast period"

The high demand for antimicrobial additive masterbatch is backed by growing use of plastics in day-to-day activities. Additive masterbatch is used in several end-use industries such as consumer goods, construction & building, automotive, and agriculture. The flame retardant additive masterbatch is important for fire prevention in the abovementioned industries to delay ignition time. Flame retardant additives are mixed while processing plastics to obtain essential flame retardant property.

"Asia-Pacific to be the fastest-growing market during the forecast period"

Asia-Pacific is the fastest-growing additive masterbatch market, in terms of value. The increased consumption of plastics in the region has led to the expansion of plastic manufacturing plants. The per capita consumption of plastics is estimated to rise significantly during the forecast period. The rising demand for plastics in food, pharmaceutical, and consumer goods packaging applications is driving the market for additive masterbatch.

Breakdown of profile of primary interviews for the report

* By Company Type - Tier 1 - 30%, Tier 2 - 43%, and Tier 3 - 27%
* By Designation - C Level - 21%, Director Level - 23%, and Others - 56%
* By Region - North America - 37%, Europe - 23%, Asia-Pacific - 26%, and RoW - 14%

Some of the key companies profiled in this report are A. Schulman, Inc. (U.S.), Clariant AG (Switzerland), Polyone Corporation (U.S.), Plastiblends India Ltd. (India), and Plastika Kritis S.A. (Greece), and others.

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