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Thursday, April 25, 2024

Lucintel Forecasts the Global Solid Masterbatch Market to Grow with a CAGR of 2.8% from 2024 to 2030

According to a market report by Lucintel, the future of the global solid masterbatch market looks promising with opportunities in the packaging, building & construction, electrical & electronics, consumer goods, and automotive markets. The global solid masterbatch market is expected to grow with a CAGR of 2.8% from 2024 to 2030. The major drivers for this market are persistent demand for high-performance materials across the main end-user sectors, particularly the building and packaging sectors, rising demand for biodegradable masterbatches, along with the high levels of investment in the creation of cutting-edge infrastructure combined with quick industrialization.

A more than 150–page report is developed to understand Trends, opportunity and forecast in solid masterbatch market to 2030 by type (white masterbatch, black masterbatch, color masterbatch, additive masterbatch, and plastic filler masterbatch), application (packaging, building & construction, electrical & electronics, consumer goods, automotive, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

In this market, white masterbatch, black masterbatch, color masterbatch, additive masterbatch, and plastic filler masterbatch are the major segments of solid masterbatch market by type. Lucintel forecasts that white masterbatch is expected to witness the highest growth over the forecast period.

Within this market, packaging is expected to witness the highest growth.

Download sample by clicking on solid masterbatch market

APAC is expected to witness highest growth over the forecast period due to growing demand in the region's construction and automotive industries for lightweight, bioplastic cars.

Avient, Ampacet Corporation, LyondellBasell, Americhem, Cabot Corporation, Polyplast Mueller, Plastika Kritis, Tosaf Group, GCR Group, and RTP Company are the major suppliers in the solid masterbatch market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. +1 972.636.5056

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