Global Black Masterbatch Market Overview
According to SPER Market Research, the Global Black Masterbatch Market is estimated to reach USD 20.75 billion by 2032 with a CAGR of 5.35%.
The global black masterbatch market refers to the production and sale of black colored concentrates that are used as a raw material in the manufacturing of plastic products. Black masterbatch is made by adding pigments, stabilizers, and other additives to a base polymer. It is used in various applications, such as packaging, consumer goods, construction, and automotive. The market for black masterbatch is driven by factors such as the increasing demand for consumer goods, the growth of the packaging industry, and the need for cost-effective and high-quality coloring solutions in the plastics industry. The market is composed of a mix of large multinational corporations and regional players, with Asia-Pacific being the largest market for black masterbatch, driven by the growth of the plastic industry in the region. The global market for black masterbatch is expected to grow in the coming years, driven by the increasing demand for plastic products and the need for cost-effective and high-quality coloring solutions in the industry.
Impact of COVID-19 on the Global Black Masterbatch Market
The COVID-19 pandemic has impacted the global black masterbatch market like many other industries. The pandemic has led to a slowdown in global economic activity, resulting in decreased demand for black masterbatch as investment and spending on industrial projects declined. Additionally, supply chain disruptions have caused difficulties for black masterbatch manufacturers in terms of securing raw materials and maintaining production levels.
However, the long-term outlook for the black masterbatch market remains positive. As the world recovers from the pandemic and economic activity resumes, demand for black masterbatch is expected to pick up, driven by the growing demand for consumer and industrial goods made from plastic materials. The government has taken steps to support the industry, such as increasing investment in the development of new technologies and promoting the use of sustainable materials.
In conclusion, while the COVID-19 pandemic has had a short-term impact on the global black masterbatch market, the industry is expected to recover and continue to grow in the coming years as demand for plastic materials remains strong.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2032 |
| Base year considered | 2021 |
| Forecast period | 2022-2032 |
| Segments covered | By Type, By Polymer, By Application
|
| Regions covered | Asia-Pacific, Europe, Middle East and Africa, North America, Latin America
|
| Companies Covered | Ampacet Corporation, Avient Corporation, Cabot Corporation, Hubron International, LyondellBasell, Penn Color, Inc., Plastika Kritis S.A., Plastiblends India Ltd., Tosaf group
|
Global Black Masterbatch Market Segmentation:
1. By Type:
- Additive
- Black
- Color
- Filler
- White
2. By Polymer:
3. By Application:
- Agriculture
- Automotive
- Building & Construction
- Consumer Goods
- Packaging
- Textile
- Others
5. By Region:
- Asia-Pacific
- Europe
- Middle East
- Africa
- North America
- Latin America
Key Topics Covered in the Report:
- Size of Global Black Masterbatch Market(FY’2019-FY’2032)
- Overview of Global Black Masterbatch Market
- Segmentation of Global Black Masterbatch Market By Type(Color, White, Black, Additive, Filler)
- Segmentation of Global Black Masterbatch Market By Polymer(PP,LLDPE, HDPE, PVC, PET, PUR, PS, Others)
- Segmentation of Global Black Masterbatch Market By Application(Packaging, Building & Construction, Automotive, Consumer Goods, Textile, Agriculture, Others)
- Statistical Snap of Global Black Masterbatch Market
- Growth Analysis of Global Black Masterbatch Market
- Problems and Challenges in Global Black Masterbatch Market
- Competitive Landscape in the Global Black Masterbatch Market
- Impact of COVID-19 and Demonetization on Global Black Masterbatch Market
- Details on Recent Investment in Global Black Masterbatch Market
- Competitive Analysis of Global Black Masterbatch Market
- Major Players in the Global Black Masterbatch Market
- SWOT Analysis of Global Black Masterbatch Market
- Global Black Masterbatch Market Future Outlook and Projections (FY’2019-FY’2032)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1 Research data source
2.1.1 Secondary data
2.1.2 Primary data
2.1.3 SPER’s internal database
2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2. COVID-19 Impacts of the Global Black Masterbatch Market
5. Market variables and outlook
5.1. SWOT analysis
5.1.1 Strengths
5.1.2 Weaknesses
5.1.3 Opportunities
5.1.4 Threats
5.2. PESTEL analysis
5.2.1 Political landscape
5.2.2 Economic landscape
5.2.3 Social landscape
5.2.4 Technological landscape
5.2.5 Environmental landscape
5.2.6 Legal landscape
5.3. PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers
5.3.2 Bargaining power of Buyers
5.3.3 Threat of Substitute
5.3.4 Threat of new entrant
5.3.5 Competitive rivalry
5.4. Heat map analysis
6. Competitive Landscape
6.1 Global Black Masterbatch Market Manufacturing Base Distribution, Sales Area, Product Type
6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Black Masterbatch Market
7. Global Black Masterbatch Market, By Type, 2019-2032 (USD Million)
7.1 Additive
7.2 Black
7.3 Color
7.4 Filler
7.5 White
9. Global Black Masterbatch Market, By Polymer, 2019-2032 (USD Million)
8.1 HDPE
8.2 LDPE
8.3 LLDPE
8.4 PET
8.5 PP
8.6 PS
8.7 PUR
8.8 PVC
8.9 Others
9. Global Black Masterbatch Market, By Application, 2019-2032(USD Million)
9.1 Agriculture
9.2 Automotive
9.3 Building & Construction
9.4 Consumer Goods
9.5 Packaging
9.6 Textile
9.7 Others
10. Global Black Masterbatch Market, By Region, 2019-2032 (USD Million)
10.1 Global Black Masterbatch Market Size and Market Share by Region (2019-2025)
10.2 Global Black Masterbatch Market Size and Market Share by Region (2026-2032)
10.3 Asia-Pacific
10.3.1 Australia
10.3.2 China
10.3.3 India
10.3.4 Japan
10.3.5 South Korea
10.3.6 Rest of Asia-Pacific
10.4 Europe
10.4.1 France
10.4.2 Germany
10.4.3 Italy
10.4.4 Spain
10.4.5 United Kingdom
10.4.6 Rest of Europe
10.5 Middle East and Africa
10.5.1 Kingdom of Saudi Arabia
10.5.2 United Arab Emirates
10.5.3 Rest of Middle East & Africa
10.6 North America
10.6.1 Canada
10.6.2 Mexico
10.6.3 United States
10.7 Latin America
10.7.1 Argentina
10.7.2 Brazil
10.7.3 Rest of Latin America
11. Company Profiles
11.1 Ampacet Corporation
11.1.1 Company details
11.1.2 Financial outlook
11.1.3 Product summary
11.1.4 Recent developments
11.2 Avient Corporation
11.2.1 Company details
11.2.2 Financial outlook
11.2.3 Product summary
11.2.4 Recent developments
11.3 Cabot Corporation
11.3.1 Company details
11.3.2 Financial outlook
11.3.3 Product summary
11.3.4 Recent developments
11.4 Hubron International
11.4.1 Company details
11.4.2 Financial outlook
11.4.3 Product summary
11.4.4 Recent developments
11.5 LyondellBasell
11.5.1 Company details
11.5.2 Financial outlook
11.5.3 Product summary
11.5.4 Recent developments
11.6 Penn Color, Inc.
11.6.1 Company details
11.6.2 Financial outlook
11.6.3 Product summary
11.6.4 Recent developments
11.7 Plastika Kritis S.A.
11.7.1 Company details
11.7.2 Financial outlook
11.7.3 Product summary
11.7.4 Recent developments
11.8 Plastiblends India Ltd.
11.8.1 Company details
11.8.2 Financial outlook
11.8.3 Product summary
11.8.4 Recent developments
11.9 Tosaf Group
11.9.1 Company details
11.9.2 Financial outlook
11.9.3 Product summary
11.9.4 Recent developments
12. List of Abbreviations
13. Reference Links
14. Conclusion
15. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
