Additive masterbatch market share forecast to witness considerable growth from 2019-2025

Antimicrobial masterbatches prevent any type of microbic growth in the plastic articles. It
prevents the plastic from unpleasant odors, polymer degradation and discoloration.
Likewise, the flame retardant masterbatches aids the plastic to reduce the flame spread,
smoke & fume creation and heat release, that is expected to swell the product market size
in the coming years.
Additive Masterbatch Market Size, Industry Analysis Report, Regional Outlook,
Application Development Potential, Price Trends, Competitive Market Share & Forecast,
2019 – 2025
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According to carrier resin, the industry is classified into polyethylene (PE), polystyrene (PS),
polypropylene (PP), polyvinyl chloride (PVC), polyethylene terephthalate (PET) and few
others such as poly carbonate, polybutylene terephthalate etc. Polyethylene is estimated to
lead the additive masterbatch market share in the near future owing to its superior
characteristics such as moisture resistance, low density and high toughness. These additives
are widely used during the production of plastic wraps, plastic sheets & bags, lids, toys,
pipes, buckets and containers etc. swelling the product market size in the upcoming years.
Based on end-use industries, the market is categorized into building & construction,
packaging, agriculture, consumer goods, automotive and few others such as electrical &
electronics. Owing to the changing lifestyle and the upgraded standard of living, is bolstering
the packaging market for the need for improved design, enhanced protection and moisture
resistance. Packaging industry is expected to drive the market share in the coming years
owing to the major use of plastics in the industry. The plastics imparts durability, resistance
to harsh chemicals, moisture and corrosion, low thermal conductivity etc. in considerably
low cost. This surging trend in packaging industry is expected to swell the market in the
forecast span.
Additive masterbatch market is contributed by numerous key companies involved in the
trade i.e. PolyOne Corporation, Clariant AG, Plastiblends India Ltd., Plastika Kritis S.A.,
Polyplast Muller GmbH, Tosaf Group, DOW Corning Corporation, RTP Company, A. Schulman
Inc., Ampacet Corporation and O'neil Color & Compounding.
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