Plastic industry is fastest developing industrialized sector and demand of plastics has grown exponentially as a effect of improved penetration of market in industries such as aerospace, agriculture, packaging, consumer goods, healthcare, automotive, electronics, etc. Masterbatch is considered as a vibrant constituent in plastics industry globally, as it contains additives and pigments which impart obligatory characteristics and color to end products. Several types of carrier polymers such as polyvinyl chloride, polyethylene, polyethylene terephthalate, polypropylene, are preferred along with manufactured goods for use in extrusion process and injection molding.

Market Dynamics

Replacement of conventional resources such as lightweight plastics over metal and upsurge in infrastructure construction activities are major factors driving the growth of this market. However, cheaper and low quality product offerings in developing markets are restraining the growth of this market. The replacement of plastics over metals in automotive application is anticipated to propel the growth of this market in near future.

Market Classification

The market can be bifurcated on the basis of product, type and geography. By product, PP masterbatch market can be segmented into storage, monitor, microelectronics, others. By type, PP masterbatch market can be segmented into injection masterbatch, blowing masterbatch, spinning masterbatch and others. On the basis of geography, the PP masterbatch market can be segmented into North America, Latin America, Europe, Middle East & Africa (MEA) and Asia-Pacific.

Report Coverage

Market Participants

Some of the major players involved in PP masterbatch market include Polyplast Mueller GmbH, A. Schulman, Inc., Ampacet Corporation, Americhem, Inc., Astra Polymers, Plastiblends, Alok Masterbatches, Gabriel-Chemie Group, Cabot Corporation, Prayag Polytech, and others.

Market Segmentation

Market By Product

• Microelectronics
• Monitor
• Storage
• Others

Market By Type

• Injection Masterbatch
• Blowing Masterbatch
• Spinning Masterbatch
• Others

Market By Geography

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • UK
  • France
  • Germany
  • Rest of Europe
• Asia-Pacific
  • China
  • Japan
  • India
  • Australia
  • Rest of Asia-Pacific
• Latin America
  • Brazil
  • Chile
  • Rest of LATAM
• Middle East and Africa (MEA)
  • South Africa
  • Saudi Arabia
  • Rest of MEA