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Global Black Masterbatch Market to reach USD 3563.1 million by 2027

Global Black Masterbatch Market Size study, by End use industry(Automotive, Packaging, Infrastructure, Electricals & Electronics, Consumer Goods, Agriculture, Fibers, Others), and Regional Forecasts 2020-2027

Product Code: CAMCAC_72572918
Publish Date: 22-05-2021
Page: 200

Global Black Masterbatch Market is valued at approximately USD 2346.8 million in 2019 and is anticipated to grow with a healthy growth rate of more than 5.83 % over the forecast period 2020-2027. Black masterbatch is one of the masterbatches and is made up of a lot of carbon black, carrier resin, and dispersant. It enables the processor to color raw polymer in a cost-effective manner during the manufacturing of plastics. Color, heat, and UV requirements can all be met with custom black masterbatches. Demand for masterbatch material types is being driven by increasing market perception of attractive interiors. The growing use of plastic in the automotive industry to reduce vehicle weight and thus boost fuel efficiency is driving demand for various types of plastic that employ this material for functional properties. Automobile manufacturing activities have increased in Asia Pacific emerging economies such as China, India, Japan, and others, which is expected to improve plastic part production in the region over the forecast period. For instance, according to Statista, China did not only produce the most passenger cars in the Asia Pacific region in 2020, but it was estimated to produce the most passenger cars throughout the entire world in 2020. It is also anticipated that Chinese manufacturing companies such as BYD Auto co. Ltd will overtake the likes of America-based manufacturer Tesla in the electric car segment. However, availability of low quality and cheaper products, may impede market growth over the forecast period of 2020-2027.

The regional analysis of the global Black Masterbatch Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading/significant region across the world in terms of market share due to surge in demand for light-weight material options to replace heavy metals in the region. Whereas Asia Pacific is also anticipated to exhibit the highest growth rate / CAGR over the forecast period 2020-2027, due to rising disposable incomes and rising living standards in emerging economies in APAC.

Major market player included in this report are:

LyondellBasell
Avient Corporation
Ampacet Corporation
Cabot Corporation
Plastika Kritis S.A.
Plastiblends India Ltd.
Hubron International
Tosaf Group
Blend Colours
RTP Company
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By End use industry:
Automotive
Packaging
Infrastructure
Electricals & Electronics
Consumer Goods
Agriculture
Fibers
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027.

Target Audience of the Global Black Masterbatch Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Million)
1.2.1. Black Masterbatch Market , by Region, 2018-2027 (USD Million)
1.2.2. Black Masterbatch Market , by End use industry, 2018-2027 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Black Masterbatch Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Black Masterbatch Market Dynamics
3.1. Black Masterbatch Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.1.1. Growing Demand of Plastic in Automotive Industry
3.1.1.2. Widely Preferred Colouring Method
3.1.2. Market Restraint
3.1.2.1. Availability of low quality and cheaper products
3.1.3. Market Opportunities
3.1.3.1. Growing Industrialization in Emerging Economies
Chapter 4. Global Black Masterbatch Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Black Masterbatch Market , by End use industry
a. Market Snapshot
5.1. Global Black Masterbatch Market by End use industry, Performance – Potential Analysis
5.2. Global Black Masterbatch Market Estimates & Forecasts by End use industry 2017-2027 (USD Million)
5.3. Black Masterbatch Market , Sub Segment Analysis
5.3.1. Automotive
5.3.2. Packaging
5.3.3. Infrastructure
5.3.4. Electricals & Electronics
5.3.5. Consumer Goods
5.3.6. Agriculture
5.3.7. Fibers
5.3.8. Others
Chapter 6. Global Black Masterbatch Market , Regional Analysis
6.1. Black Masterbatch Market , Regional Market Snapshot
6.2. North America Black Masterbatch Market
6.2.1. U.S. Black Masterbatch Market
6.2.1.1. End use industry breakdown estimates & forecasts, 2017-2027
6.2.2. Canada Black Masterbatch Market
6.3. Europe Black Masterbatch Market Snapshot
6.3.1. U.K. Black Masterbatch Market
6.3.2. Germany Black Masterbatch Market
6.3.3. France Black Masterbatch Market
6.3.4. Spain Black Masterbatch Market
6.3.5. Italy Black Masterbatch Market
6.3.6. Rest of Europe Black Masterbatch Market
6.4. Asia-Pacific Black Masterbatch Market Snapshot
6.4.1. China Black Masterbatch Market
6.4.2. India Black Masterbatch Market
6.4.3. Japan Black Masterbatch Market
6.4.4. Australia Black Masterbatch Market
6.4.5. South Korea Black Masterbatch Market
6.4.6. Rest of Asia Pacific Black Masterbatch Market
6.5. Latin America Black Masterbatch Market Snapshot
6.5.1. Brazil Black Masterbatch Market
6.5.2. Mexico Black Masterbatch Market
6.6. Rest of The World Black Masterbatch Market
Chapter 7. Competitive Intelligence
7.1. Top Market Strategies
7.2. Company Profiles
7.2.1. LyondellBasell
7.2.1.1. Key Information
7.2.1.2. Overview
7.2.1.3. Financial (Subject to Data Availability)
7.2.1.4. Product Summary
7.2.1.5. Recent Developments
7.2.2. Avient Corporation
7.2.3. Ampacet Corporation
7.2.4. Cabot Corporation
7.2.5. Plastika Kritis S.A.
7.2.6. Plastiblends India Ltd.
7.2.7. Hubron International
7.2.8. Tosaf Group
7.2.9. Blend Colours
7.2.10. RTP Company
Chapter 8. Research Process
8.1. Research Process
8.1.1. Data Mining
8.1.2. Analysis
8.1.3. Market Estimation
8.1.4. Validation
8.1.5. Publishing
8.2. Research Attributes
8.3. Research Assumption

The study of the market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geographies to provide a better regional outlook. In the report, country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. Our analysts contact company executives, managers, key opinion leaders, and industry experts. This enables our analyst to derive the closest possible figures without any major deviations in the actual number.

Primary Research Sources:

  • Interview conducted with raw material suppliers & manufacturers.
  • Interview conducted with manufacturers, suppliers & distributors, researchers, & representatives of regulatory bodies.
  • Interview conducted with market players, industry experts, & independent consultants.
  • Secondary Research Sources:
  • Purchased Database: D&B Hoovers, Bloomberg, Inc., Business Information Industry Association, NAICS Association.
  • Internal Database: White papers, Certified Publications, Articles by Recognized Authors and Regulatory Bodies.
  • Government Databases: Food and Agriculture Organization (FAO), European Industrial Hemp Association (EIHA), World Health Organization (WHO), Food and Drug Administration (FDA), International Telecommunication Union (ITU), United States Department of Agriculture (USDA), International organization of Motor Vehicle Manufacturers (OICA).

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