Sustainable Masterbatch Market Overview: 2021-26

Base Year: 2020

Historical Years: 2016-19

Forecast Years: 2021-26

The Sustainable Masterbatch Market is projected to grow at a CAGR of around 9.5% during the forecast period, i.e., 2021-26. The growth of the market is driven primarily by the alarming concerns associated with the rapidly depleting environmental conditions & an escalating need to address these issues caused by the excess use of non-bio-degradable elements like plastic, i.e., instigating the demand for sustainable practices & products. 

Markntel Advisor’s Sustainable Masterbatch Market Insights report provides the current and forecast market analysis, individual leading companies' market shares, challenges, Sustainable Masterbatch Market drivers, barriers, Sustainable Masterbatch Market Trends, and Key Players in Sustainable Masterbatch Market.

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Sustainable Masterbatch Market Dynamics: 2021-26

Increasing Adoption of Sustainable Masterbatch across the Automotive Sector: With the rapidly expanding automotive industry & improving economic conditions & purchasing power of people, vehicle sales are growing substantially worldwide. As a result, the demand for lightweight vehicles and a critical need to address the rapidly increasing environmental concerns is escalating significantly.

It, in turn, is infusing the demand for sustainable masterbatch to replace metal with plastic while manufacturing lightweight vehicles & their components, thereby driving the Global Sustainable Masterbatch Market during 2021-26. Additionally, increasing customer preferences toward visually appealing vehicles is another crucial aspect instigating the application of sustainable masterbatch across the automotive industry & augmenting the overall market growth through 2026.

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Sustainable Masterbatch Market (2021-26): Segmentation Outlook

The market report has segmented the market into the following categories:

·       By Product

o   Polylactic Acid (PLA)

o   Polybutylene adipate-co-terephthalate (PBAT)

o   Polyethylene Terephthalate (PET)

o   Starch Blends

o   Polyethylene (PE)

o   Others (PBS, PHB, PHA, PP, and Others)

According to report, Of them all, Polyethylene acquired the largest share in the Global Sustainable Masterbatch Market in recent years & shall prevail the same trend over the forecast years.

·       By Application

o   Packaging

o   Medical

o   Automotive

o   Agriculture

o   Others (3D Printing, Textiles, and Consumer Goods)

According to report, Of them all, the Packaging sector is dominate the Global Sustainable Masterbatch Market during 2021-26, principally due to the rapidly growing packaging industry worldwide entwined with an escalating need for reusable packaging of products in line with curbing the effects of plastic from the environment.

·       By Region

o   North America

o   South America

o   Europe

o   Middle East & Africa

o   Asia-Pacific

Note - If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.

Top Companies Operating in the Sustainable Masterbatch Market:

• BASF SE
• Cabot Corporation
• Avient Corporation
• Ampacet Corporation
• Americhem, Inc.
• Silvergate Plastics
• GABRIEL-CHEMIE GmbH
• Tosaf Compounds Ltd.
• Rapid Colour Services Ltd
• Polyvel Inc.
• Sukano AG

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