마스터 배치 시장 보고서(2025-2033년) : 유형별, 폴리머 유형별, 용도별, 지역별

The global masterbatch market size reached USD 11.9 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 17.4 Billion by 2033, exhibiting a growth rate (CAGR) of 3.94% during 2025-2033. The demand for food packaging, increasing modular construction, rising focus on sustainable and bio-based solutions, and ongoing innovations in the technology are some of the key factors strengthening the growth of the market.

Masterbatch Market Analysis:

• Major Market Drivers: There is a rise in the use of plastic in the automotive industry. This, along with the increasing focus on sustainable solutions, is strengthening the market growth.
• Key Market Trends: The growing implementation of advanced technological solutions and rising investments in research and development (R&D) activities is positively influencing the market.
• Geographical Trends: Asia Pacific holds the largest segment because of the growth of industries like packaging, textile, and automotive and ongoing innovations in technology.
• Competitive Landscape: Some of the major market players in the masterbatch industry include A. Schulman Inc., Americhem, Inc., Ampacet Corporation, Cabot Corporation, Clariant AG, Gabriel-Chemie GmbH, Hubron (International) Ltd., Penn Color, Inc., Plastiblends India Ltd., Plastika Kritis S.A., PolyOne Corporation, Polyplast Muller GmbH, RTP Company, Inc. and Tosaf Compounds Ltd., among many others.
• Challenges and Opportunities: The market faces challenges like the fluctuations in raw materials prices, which impacts the market, it also encounters opportunities in the replacement of traditional pigments and additives.

Masterbatch Market Trends:

Increasing demand for food packaging

As per the IMARC Group's report, the global food packaging industry recached US$ 385.1 Billion in 2023. Masterbatches are used in food packaging to provide attractive colors and enhance the visual appeal of packaging materials. Bright and appealing packaging can attract consumers and differentiate products on the shelf. Moreover, masterbatches are formulated to enhance the barrier properties of packaging materials, such as oxygen, moisture, and light barriers. This plays a vital role in the preservation of food products and prolonging their shelf life and quality. In addition to this, packaging materials for food products must meet high regulatory requirements for safety and hygiene. These requirements can be met by developing masterbatches that will make the packaging materials safe for direct food contact.

Rising trend of modular construction

Modular construction mainly uses plastic materials including panels, modules, fittings and finishes. These plastic components need to be colored using masterbatches to meet aesthetic and functional needs. Additionally, masterbatches enable color matching and differentiation, which is essential in modular construction as the components are expected to have similar color tones. Moreover, masterbatches can contain additives including UV stabilizers and flame retardants that improve the quality of plastic material used in modular construction. This is particularly important as modular units can be exposed to different conditions during the transportation and installation processes. The IMARC group's report shows that the global modular construction market is expected to reach US$ 137.2 Billion by 2032.

Growing focus on sustainable solutions

Sustainable solution is the creation of bio-based masterbatches. These are derived from natural sources like starches, vegetable oil or other bio sourced polymers. Bio-based masterbatches are derived from renewable raw materials. This helps to minimize the carbon footprint and reliance on fossil fuels. In addition, there is an increasing pressure from people, regulatory bodies, and corporations to reduce plastic waste and enhance sustainability. Masterbatch manufacturers are responding by developing products that incorporate high levels of recycled content without compromising on quality or performance. For instance, in 2024, Cabot Corporation announced the launch of its new REPLASBLAK product family of circular black masterbatches with certified material. With this release, Cabot introduced three products which will be sold as the company's first-ever International Sustainability & Carbon Certification (ISCC PLUS) certified black masterbatch products powered by EVOLVE Sustainable Solutions.

Masterbatch Market Segmentation:

Breakup by Type:

• Color
• White
• Black
• Additive
• Filler

White accounts for the majority of the market share

White masterbatch is gradually becoming popular in all industries because of the multi-functionality and indispensable role of colorants and modifiers of polymer materials. A primary reason for its prominence is its role in providing opacity and brightness to plastics, which is crucial for achieving desired visual effects in end products. Sectors like packaging, automotive, and construction often require white masterbatch to impart a clean, uniform appearance to their products, enhancing their aesthetic appeal. Moreover, white masterbatch can be easily incorporated with other colors to offer personalized shades to the producers without having to affect the clarity or brilliance of the final product.

Breakup by Polymer Type:

• PP
• LDPE/LLDPE
• HDPE
• PVC
• PUR
• PET
• PS
• Others

PP holds the largest share of the industry

PP is a versatile thermoplastic polymer with high chemical and heat stability, cost-effectiveness, and high durability, meaning that it can be applied in the packaging, automotive, textiles, and consumer goods. Concentrated additives that add color or improve the properties or functionality of plastics during processing are known as masterbatches and is widely used in improving the characteristics of PP. Furthermore, PP is widely used due to its excellent balance between performance and cost, which makes it acceptable for those firms whose products require certain visual or functional enhancements in their products.

Breakup by Application:

• Packaging
• Building & Construction
• Consumer Goods
• Automotive
• Textile
• Agriculture
• Others

Packaging represents the leading market segment

Masterbatches refer to pigments or additives that are incorporated into a carrier resin and are important in improving the characteristics of plastics employed in packaging. The main factors for dominance of packaging include its use in food and beverages, pharmaceuticals, cosmetics and toiletries, and industrial goods. All these sectors require packaging solutions that not only shield the products but also retain their life and quality. The contribution that masterbatches bring is color, UV protection, antimicrobial, and barrier properties that are crucial for shelf life and safety issues, and to meet the required regulations.

Breakup by Region:

• North America
  • United States
  • Canada
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
• Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
• Latin America
  • Brazil
  • Mexico
  • Others
• Middle East and Africa

Asia Pacific leads the market, accounting for the largest masterbatch market share

The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific represents the largest regional market for masterbatch.

As per the website of the National Bureau of Statistics of China, in 2023 the urbanization rate of permanent residents reached 66.16 percent, 0.94 percentage points higher than that at the end of 2022. Urbanization leads to an increasing construction activity for residential and commercial spaces in China, necessitating extensive use of plastic materials in pipes, fittings, insulation, and structural components. Masterbatches are integral in ensuring these materials meet specific performance requirements such as strength, weather resistance, and aesthetic appeal. Moreover, the robust economic growth of region is also leading to an increasing individual spending, driving the demand for packaged goods and durable products, further bolstering the masterbatch market size.

Competitive Landscape:

• The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Detailed profiles of all major companies have also been provided. Some of the major market players in the masterbatch industry include A. Schulman Inc., Americhem, Inc., Ampacet Corporation, Cabot Corporation, Clariant AG, Gabriel-Chemie GmbH, Hubron (International) Ltd., Penn Color, Inc., Plastiblends India Ltd., Plastika Kritis S.A., PolyOne Corporation, Polyplast Muller GmbH, RTP Company, Inc. and Tosaf Compounds Ltd.
• Key players are investing in research and development (R&D) activities to develop innovative masterbatch formulations that offer improved performance characteristics, such as enhanced durability, ultraviolet (UV) resistance, and color consistency. They are also forming alliances with raw material suppliers, end-users, and technology providers to strengthen supply chains, access new markets, and co-develop customized solutions. In addition, companies are introducing a wide range of masterbatch products catering to various applications across industries like packaging, automotive, food products, consumer goods, and construction. They are also expanding production capacities and establishing new manufacturing facilities in strategic locations to cater to regional demand and reduce lead times. For instance, in 2023, Israel-based masterbatch specialist Tosaf Color Service developed and introduced a new masterbatch carrier system for food contact applications.

Key Questions Answered in This Report

• 1.What was the size of the global masterbatch market in 2024?
• 2.What is the expected growth rate of the global masterbatch market during 2025-2033?
• 3.What are the key factors driving the global masterbatch market?
• 4.What has been the impact of COVID-19 on the global masterbatch market?
• 5.What is the breakup of the global masterbatch market based on the type?
• 6.What is the breakup of the global masterbatch market based on the polymer type?
• 7.What is the breakup of the global masterbatch market based on the application?
• 8.What are the key regions in the global masterbatch market?
• 9.Who are the key players/companies in the global masterbatch market?

Table of Contents

1 Preface

2 Scope and Methodology

• 2.1 Objectives of the Study
• 2.2 Stakeholders
• 2.3 Data Sources
  • 2.3.1 Primary Sources
  • 2.3.2 Secondary Sources
• 2.4 Market Estimation
  • 2.4.1 Bottom-Up Approach
  • 2.4.2 Top-Down Approach
• 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

• 4.1 Overview
• 4.2 Key Industry Trends

5 Global Masterbatch Market

• 5.1 Market Overview
• 5.2 Market Performance
• 5.3 Impact of COVID-19
• 5.4 Market Forecast

6 Market Breakup by Type

• 6.1 Color
  • 6.1.1 Market Trends
  • 6.1.2 Market Forecast
• 6.2 White
  • 6.2.1 Market Trends
  • 6.2.2 Market Forecast
• 6.3 Black
  • 6.3.1 Market Trends
  • 6.3.2 Market Forecast
• 6.4 Additive
  • 6.4.1 Market Trends
  • 6.4.2 Market Forecast
• 6.5 Filler
  • 6.5.1 Market Trends
  • 6.5.2 Market Forecast

7 Market Breakup by Polymer Type

• 7.1 PP
  • 7.1.1 Market Trends
  • 7.1.2 Market Forecast
• 7.2 LDPE/LLDPE
  • 7.2.1 Market Trends
  • 7.2.2 Market Forecast
• 7.3 HDPE
  • 7.3.1 Market Trends
  • 7.3.2 Market Forecast
• 7.4 PVC
  • 7.4.1 Market Trends
  • 7.4.2 Market Forecast
• 7.5 PUR
  • 7.5.1 Market Trends
  • 7.5.2 Market Forecast
• 7.6 PET
  • 7.6.1 Market Trends
  • 7.6.2 Market Forecast
• 7.7 PS
  • 7.7.1 Market Trends
  • 7.7.2 Market Forecast
• 7.8 Others
  • 7.8.1 Market Trends
  • 7.8.2 Market Forecast

8 Market Breakup by Application

• 8.1 Packaging
  • 8.1.1 Market Trends
  • 8.1.2 Market Forecast
• 8.2 Building & Construction
  • 8.2.1 Market Trends
  • 8.2.2 Market Forecast
• 8.3 Consumer Goods
  • 8.3.1 Market Trends
  • 8.3.2 Market Forecast
• 8.4 Automotive
  • 8.4.1 Market Trends
  • 8.4.2 Market Forecast
• 8.5 Textile
  • 8.5.1 Market Trends
  • 8.5.2 Market Forecast
• 8.6 Agriculture
  • 8.6.1 Market Trends
  • 8.6.2 Market Forecast
• 8.7 Others
  • 8.7.1 Market Trends
  • 8.7.2 Market Forecast

9 Market Breakup by Region

• 9.1 North America
  • 9.1.1 United States
    • 9.1.1.1 Market Trends
    • 9.1.1.2 Market Forecast
  • 9.1.2 Canada
    • 9.1.2.1 Market Trends
    • 9.1.2.2 Market Forecast
• 9.2 Asia Pacific
  • 9.2.1 China
    • 9.2.1.1 Market Trends
    • 9.2.1.2 Market Forecast
  • 9.2.2 Japan
    • 9.2.2.1 Market Trends
    • 9.2.2.2 Market Forecast
  • 9.2.3 India
    • 9.2.3.1 Market Trends
    • 9.2.3.2 Market Forecast
  • 9.2.4 South Korea
    • 9.2.4.1 Market Trends
    • 9.2.4.2 Market Forecast
  • 9.2.5 Australia
    • 9.2.5.1 Market Trends
    • 9.2.5.2 Market Forecast
  • 9.2.6 Indonesia
    • 9.2.6.1 Market Trends
    • 9.2.6.2 Market Forecast
  • 9.2.7 Others
    • 9.2.7.1 Market Trends
    • 9.2.7.2 Market Forecast
• 9.3 Europe
  • 9.3.1 Germany
    • 9.3.1.1 Market Trends
    • 9.3.1.2 Market Forecast
  • 9.3.2 France
    • 9.3.2.1 Market Trends
    • 9.3.2.2 Market Forecast
  • 9.3.3 United Kingdom
    • 9.3.3.1 Market Trends
    • 9.3.3.2 Market Forecast
  • 9.3.4 Italy
    • 9.3.4.1 Market Trends
    • 9.3.4.2 Market Forecast
  • 9.3.5 Spain
    • 9.3.5.1 Market Trends
    • 9.3.5.2 Market Forecast
  • 9.3.6 Russia
    • 9.3.6.1 Market Trends
    • 9.3.6.2 Market Forecast
  • 9.3.7 Others
    • 9.3.7.1 Market Trends
    • 9.3.7.2 Market Forecast
• 9.4 Latin America
  • 9.4.1 Brazil
    • 9.4.1.1 Market Trends
    • 9.4.1.2 Market Forecast
  • 9.4.2 Mexico
    • 9.4.2.1 Market Trends
    • 9.4.2.2 Market Forecast
  • 9.4.3 Others
    • 9.4.3.1 Market Trends
    • 9.4.3.2 Market Forecast
• 9.5 Middle East and Africa
  • 9.5.1 Market Trends
  • 9.5.2 Market Breakup by Country
  • 9.5.3 Market Forecast

10 SWOT Analysis

• 10.1 Overview
• 10.2 Strengths
• 10.3 Weaknesses
• 10.4 Opportunities
• 10.5 Threats

11 Value Chain Analysis

12 Porters Five Forces Analysis

• 12.1 Overview
• 12.2 Bargaining Power of Buyers
• 12.3 Bargaining Power of Suppliers
• 12.4 Degree of Competition
• 12.5 Threat of New Entrants
• 12.6 Threat of Substitutes

13 Price Indicators

14 Competitive Landscape

• 14.1 Market Structure
• 14.2 Key Players
• 14.3 Profiles of Key Players
  • 14.3.1 A. Schulman Inc.
    • 14.3.1.1 Company Overview
    • 14.3.1.2 Product Portfolio
    • 14.3.1.3 Financials
  • 14.3.2 Americhem Inc.
    • 14.3.2.1 Company Overview
    • 14.3.2.2 Product Portfolio
  • 14.3.3 Ampacet Corporation
    • 14.3.3.1 Company Overview
    • 14.3.3.2 Product Portfolio
  • 14.3.4 Cabot Corporation
    • 14.3.4.1 Company Overview
    • 14.3.4.2 Product Portfolio
    • 14.3.4.3 Financials
    • 14.3.4.4 SWOT Analysis
  • 14.3.5 Clariant AG
    • 14.3.5.1 Company Overview
    • 14.3.5.2 Product Portfolio
  • 14.3.6 Gabriel-Chemie GmbH
    • 14.3.6.1 Company Overview
    • 14.3.6.2 Product Portfolio
    • 14.3.6.3 Financials
  • 14.3.7 Hubron (International) Ltd
    • 14.3.7.1 Company Overview
    • 14.3.7.2 Product Portfolio
    • 14.3.7.3 Financials
  • 14.3.8 Penn Color Inc.
    • 14.3.8.1 Company Overview
    • 14.3.8.2 Product Portfolio
  • 14.3.9 Plastiblends India Ltd
    • 14.3.9.1 Company Overview
    • 14.3.9.2 Product Portfolio
  • 14.3.10 Plastika Kritis S.A.
    • 14.3.10.1 Company Overview
    • 14.3.10.2 Product Portfolio
  • 14.3.11 PolyOne Corporation
    • 14.3.11.1 Company Overview
    • 14.3.11.2 Product Portfolio
    • 14.3.11.3 Financials
    • 14.3.11.4 SWOT Analysis
  • 14.3.12 Polyplast Muller GmbH
    • 14.3.12.1 Company Overview
    • 14.3.12.2 Product Portfolio
    • 14.3.12.3 Financials
  • 14.3.13 RTP Company Inc.
    • 14.3.13.1 Company Overview
    • 14.3.13.2 Product Portfolio
  • 14.3.14 Tosaf Compounds Ltd
    • 14.3.14.1 Company Overview
    • 14.3.14.2 Product Portfolio