Report Introduction & Structure
In our new report titled “Additive Masterbatch Market: Global Industry Analysis 2012-2016 & Forecast 2017-2025,” we present a comprehensive, one of a kind analysis of the global additive masterbatch market including historical and future market forecasts and a detailed analysis of the global market performance across the various regional markets. The report begins with a concise executive summary that succinctly captures the various dimensions of the global additive masterbatch market and includes an overview followed by a market analysis and key strategic recommendations by Persistence Market Research. Next follows the market introduction where we give the definition of the global additive masterbatch market and the market taxonomy, and a market view point that is basically an opportunity analysis of the global additive masterbatch market based on our research.
The next section presents the global additive masterbatch market analysis for the historical period 2012–2016 and a forecast for the period 2017–2025. This section provides market volume projections as well as market size for the said period. A value chain analysis and the relevance and impact of forecast factors influencing the global additive masterbatch market end this section. The subsequent sections present the global additive masterbatch market forecast on the basis of the various segments of the market namely by type, by application, and by region. Again, these sections present the historical as well as current volume and market size forecasts as well as key findings pertaining to the concerned segments. We end each of these sections with a comprehensive market attractiveness analysis. The next set of sections focus on an in-depth assessment of the various regional markets and comprise information on the local (country) markets including the region specific drivers and restraints and their impact analysis.
An in-depth study of the competition landscape is the highlight of our report
One of the main components of any market study is a comprehensive analysis of the competitive ecosystem. In our report on the global additive masterbatch market, we have conducted a detailed study on the competitive landscape of the global additive masterbatch market. In this section, we present the market structure followed by a competition dashboard to give our readers a microscopic view of the market from the competitive standpoint. We have also profiled some of the leading companies operating in the global additive masterbatch market with information on their product ecosystem, business strategy, key financials, and a comprehensive SWOT analysis. The last two sections are devoted to explaining the assumptions and acronyms used throughout the report and the research methodology we have adopted to derive our market estimations and forecast.
A research methodology that is at par with the best in the industry
Insights are incomplete without metrics. In our report covering the global additive masterbatch market, we have encapsulated the key metrics that accurately describe the global additive masterbatch market and used this data to compare market performance across the various segments and regions. An extensive research methodology has been employed to arrive at the market projections. We have leveraged secondary research extensively to ascertain the overall size of the global additive masterbatch market and top industry players. In addition, our experienced team of analysts has gathered relevant market insights and data by speaking to the key stakeholders based in various countries. We have then sliced and diced this massive amount of data gathered through primary and secondary research and validated it using different methods such as the triangulation method and have finally scrutinized the data using advanced tools to glean pertinent qualitative and quantitative insights into the global additive masterbatch market.
The global additive masterbatch market will present significant opportunities for key market players owing to an increasing demand for additive masterbatch across various industrial applications. An analysis of the market opportunities across different applications of additive masterbatch reveal some interesting facts.
Growing demand from the packaging industry: Additive masterbatch is used in the manufacturing of packaging films to comply with prescribed packaging standard specifications and industrial requirements. A rapid growth in the packaging industry and growing demand for effective packaging materials is anticipated to boost the demand for additive masterbatch during the forecast period 2017 – 2025.
Rapid urbanization and an expanding construction industry: A growing trend of urbanization across the globe is expected to fuel the demand for plastic products in the coming years. Urbanization will also lead to enormous growth in infrastructure and thereby boost the building and construction industry, in turn leading to an increased demand for products made from high performance plastic. This will augment the demand for additive masterbatch that is used to impart functional properties to plastics. Rising consumption of plastics within the construction industry is a good market opportunity for key players in the global additive masterbatch market.
High demand for high performance plastics in the automotive and transportation industry: Automotive OEMs are shifting to high performance plastics in the manufacturing of automotive parts owing to the inherent advantages as well as stringent government regulations pertaining to emission control. This surge in demand for advanced plastics for automotive applications will fuel the subsequent growth in demand for additive masterbatch, hence boosting market growth over the forecast period.
Rising demand from the electrical and electronics industry: Plastic plays an important role in the manufacturing of electrical and electronic products and finds various applications in the electrical and electronics industry. The demand for aesthetically beautiful, lightweight and strong packaging material in electrical and electronic products is increasing and as a result, the demand for additive masterbatch is fast gaining traction in the electrical and electronics industry.
Increasing recycling of plastic: An increasing global population, industrial production, and the use of plastic in day-to-day products has caused an increase in the quantum of solid waste. Governments of various countries have implemented strict regulations to control plastic waste and are encouraging the recycling and reuse of plastic. Additive masterbatch is used to impart functional properties to recycled plastic. Growing plastic recycling and stringent government norms regarding plastics will drive revenue growth of the global additive masterbatch market during the forecast period.
Packaging application segment will gain significant traction over the forecast period
Of the different applications of additive masterbatch, the packaging segment is slated to witness massive growth during the forecast period 2017 – 2025. Packaging will continue to dominate the global additive masterbatch market with an estimated market share of over 45% throughout the forecast period. The segment will record an increase of 110 basis points during the assessment period. By revenue, the packaging segment is anticipated to reach a market valuation in excess of US$ 2,000 Mn by 2025 end, up from a recorded US$ 1,442 Mn in 2016, reflecting a CAGR of 4.0% during the forecast period. In terms of volume, the packaging application segment is estimated to be pegged at 599,204 Tons in 2017 and is expected to increase at a CAGR of 3.6% over the forecast period to reach 793,927 Tons by the end of 2025. The packaging segment is projected to create a total incremental $ opportunity of US$ 551.9 Mn between 2017 and 2025.
Global Additive Masterbatch Market Attractiveness Index by Application