Global Black Color Masterbatch Market Size, Trends, by Type (Standard Black Masterbatch, Universal Black Masterbatch, and Specialty Black Masterbatch), By Application (Packaging, Automotive, Construction, Consumer Goods, Agriculture, and Others), and By Carrier (Polypropylene (PP), Polyethylene (PE), Polyvinyl Chloride (PVC), Polyethylene Terephthalate (PET), Biodegradable Plastics and Others.): Global Opportunity Analysis and Industry Forecast, 2024-2030.
Report ID : IR1001019 | Industries : Chemicals & Materials | Published On :June 2024 | Page Count : 240
Global Black Color Masterbatch Market Size, Trends, by Type (Standard Black Masterbatch, Universal Black Masterbatch, and Specialty Black Masterbatch), By Application (Packaging, Automotive, Construction, Consumer Goods, Agriculture, and Others), and By Carrier (Polypropylene (PP), Polyethylene (PE), Polyvinyl Chloride (PVC), Polyethylene Terephthalate (PET), Biodegradable Plastics and Others.): Global Opportunity Analysis and Industry Forecast, 2024-2030.
Global Black Color Masterbatch Market
Global Black Color Masterbatch was valued at US$ 2,517.34 Mn in 2023, estimated to reach US$ 3,993.52 Mn in 2030, with a CAGR of 5.94% from 2024-2030.
A black masterbatch is a concentrated blend of pigments, additives, and carrier resin commonly used in the plastics industry. A masterbatch is used during the production process to impart certain features to the final plastic product, such as color, UV resistance, or other desirable traits. The goal of a black masterbatch is to produce a deep black color in the plastic substance.
Market Drivers
The packaging industry is a major driver for the black color masterbatch market. With the rise in demand for packaged goods worldwide, particularly in sectors like food, beverages, pharmaceuticals, and consumer goods, there's a corresponding increase in the need for black color masterbatch. It is widely used in packaging materials such as films, containers, and bottles due to its ability to provide opacity, UV protection, and color consistency. The convenience, hygiene, and extended shelf-life offered by packaged goods further fuel this demand.
The construction industry is another significant driver for the black color masterbatch market. Black color masterbatch finds extensive applications in various construction materials such as pipes, cables, roofing materials, and profiles. With the global construction sector witnessing substantial growth, especially in emerging economies where infrastructure development is a priority, the demand for black color masterbatch continues to rise. Its properties like UV resistance, weatherability, and durability make it essential for construction materials, further driving its demand.
Market Restraints
Environmental regulations regarding the use of additives in plastics are becoming increasingly stringent globally. This presents a challenge for black-color masterbatch manufacturers, as they must develop formulations that comply with regulations while maintaining product performance and cost-effectiveness. Additionally, there is growing consumer demand for sustainable and eco-friendly masterbatch solutions, adding pressure on manufacturers to innovate and invest in environmentally friendly production processes.
The prices of key raw materials used in black color masterbatch production, such as carbon black and polymer resins, are subject to volatility due to factors like fluctuations in crude oil prices, supply chain disruptions, and geopolitical tensions. Managing these price fluctuations and ensuring a stable supply of raw materials is a significant challenge for manufacturers, as it directly impacts production costs and pricing strategies, potentially affecting profit margins and competitiveness in the market.
Market Segmentation
The scope of the Black Color Masterbatch market covers segmentation based on By Type, By Application, By Carrier, and by region.
By type, the market is segmented into Standard Black Masterbatch, Universal Black Masterbatch, and Specialty Black Masterbatch.
Further, the market is segmented into Carrier such as Polypropylene (PP), 3 Polyethylene (PE), Polyvinyl Chloride (PVC), Polyethylene Terephthalate (PET), Biodegradable Plastics, and Others.
Regional Analysis
The global Black Color Masterbatch Market is segmented into 5 main regions, namely, North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Asia-Pacific is expected to hold the largest share owing to the rapid industrialization and economic development, there is a growing demand for masterbatch products in various industries such as automotive, packaging, construction, and consumer goods.
The market in Asia-Pacific & Europe is expected to grow gradually over the next few years due to the increasing demand for sustainable and environmentally friendly solutions in this region.
Key Players
Clariant AG, Ampacet Corporation, Cabot Corporation, Avient Corporation, Plastika Kritis S.A, Tosaf Group, Hubron International, Gabriel-Chemie Group, Penn Color, Inc., Plastiblends India Limited, etc.
Market Taxonomy
By Type
• Standard Black Masterbatch
• Universal Black Masterbatch
• Specialty Black Masterbatch
By Application
• Packaging
• Automotive
• Construction
• Consumer Goods
• Agriculture
• Others
By Carrier
• Polypropylene (PP)
• Polyethylene (PE)
• Polyvinyl Chloride (PVC)
• Polyethylene Terephthalate (PET)
• Biodegradable Plastics
• Others
By Region
• North America
o U.S.
o Canada
o Mexico
• Latin America
o Brazil
o Argentina
o Colombia
o Peru
o Chile
o Venezuela
o Rest of Latin America
• Europe
o Germany
o France
o UK
o Russia
o Italy
o Spain
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Australia
o New Zealand
o Singapore
o Malaysia
o Rest of Asia Pacific
• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o Kuwait
o South Africa
o Tanzania
o Rest Middle East & Africa
Global Black Color Masterbatch Market TOC:
1 Introduction
1.1 Objective of the Study
1.2 Market Definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Black Color Masterbatch Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Black Color Masterbatch Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global Black Color Masterbatch Market Share Analysis, By Type
5.3 Global Black Color Masterbatch Market Size and Forecast, By Type
5.3.1 Standard Black Masterbatch
5.3.2. Universal Black Masterbatch
5.3.3. Specialty Black Masterbatch
6 Global Black Color Masterbatch Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Global Black Color Masterbatch Market Share Analysis, By Application
6.3 Global Black Color Masterbatch Market Size and Forecast, By Application
6.3.1 Packaging
6.3.2 Automotive
6.3.3 Construction
6.3.4 Consumer Goods
6.3.5 Agriculture
6.3.6 Others
7 Global Black Color Masterbatch Market, By Carrier
7.1 Y-o-Y Growth Comparison, By Carrier
7.2 Global Black Color Masterbatch Market Share Analysis, By Carrier
7.3 Global Black Color Masterbatch Market Size and Forecast, By Carrier
7.3.1 Polypropylene (PP)
7.2.2. Polyethylene (PE)
7.3.3. Polyvinyl Chloride (PVC)
7.3.4. Polyethylene Terephthalate (PET)
7.3.5. Biodegradable Plastics
7.3.6. Others
8 Global Black Color Masterbatch Market, By Region
8.1 Global Black Color Masterbatch Market Share Analysis, By Region
8.2 Global Black Color Masterbatch Market Size and Forecast, By Region
8.3 Global Black Color Masterbatch Market Trends and Forecast, By Region
9 North America Black Color Masterbatch Market Analysis and Forecast (2024-2030)
9.1 Introduction
9.2 North America Black Color Masterbatch Market Share Analysis, By Type
9.3 North America Black Color Masterbatch Market Size and Forecast, By Application
9.4 North America Black Color Masterbatch Market Size and Forecast, By Carrier
9.5 North America Black Color Masterbatch Market Size and Forecast, By Country
9.5.1 U.S.
9.5.1.1. Market Size and Forecast, By Type
9.5.1.2 Market Size and Forecast, By Application
9.5.1.3. Market Size and Forecast, By Carrier
9.5.2 Canada
9.5.2.1. Market Size and Forecast, By Type
9.5.2.2 Market Size and Forecast, By Application
9.5.2.3. Market Size and Forecast, By Carrier
9.5.3 Mexico
9.5.3.1. Market Size and Forecast, By Type
9.5.3.2 Market Size and Forecast, By Application
9.5.3.3. Market Size and Forecast, By Carrier
10 Europe Black Color Masterbatch Market Analysis and Forecast (2024-2030)
10.1 Introduction
10.2 Europe Black Color Masterbatch Market Share Analysis, By Type
10.3 Europe Black Color Masterbatch Market Size and Forecast, By Application
10.4 Europe Black Color Masterbatch Market Size and Forecast, By Carrier
10.5 Europe Black Color Masterbatch Market Size and Forecast, By Country
10.5.1 Germany
10.5.1.1. Market Size and Forecast, By Type
10.5.1.2 Market Size and Forecast, By Application
10.5.1.3. Market Size and Forecast, By Carrier
10.5.2 France
10.5.2.1. Market Size and Forecast, By Type
10.5.2.2 Market Size and Forecast, By Application
10.5.2.3. Market Size and Forecast, By Carrier
10.5.3 UK
10.5.3.1. Market Size and Forecast, By Type
10.5.3.2 Market Size and Forecast, By Application
10.5.3.3. Market Size and Forecast, By Carrier
10.5.4. Russia
10.5.4.1. Market Size and Forecast, By Type
10.5.4.2 Market Size and Forecast, By Application
10.5.4.3. Market Size and Forecast, By Carrier
10.5.5. Italy
10.5.5.1. Market Size and Forecast, By Type
10.5.5.2 Market Size and Forecast, By Application
10.5.5.3. Market Size and Forecast, By Carrier
10.5.6. Spain
10.5.6.1. Market Size and Forecast, By Type
10.5.6.2 Market Size and Forecast, By Application
10.5.6.3. Market Size and Forecast, By Carrier
10.5.7. Rest of Europe
10.5.7.1. Market Size and Forecast, By Type
10.5.7.2 Market Size and Forecast, By Application
10.5.7.3. Market Size and Forecast, By Carrier
11 Asia Pacific Black Color Masterbatch Market Analysis and Forecast (2024-2030)
11.1 Introduction
11.2 Asia Pacific Black Color Masterbatch Market Share Analysis, By Type
11.3 Asia Pacific Black Color Masterbatch Market Size and Forecast, By Application
11.4 Asia Pacific Black Color Masterbatch Market Size and Forecast, By Carrier
11.5 Asia Pacific Black Color Masterbatch Market Size and Forecast, By Country
11.5.1 China
11.5.1.1. Market Size and Forecast, By Type
11.5.1.2 Market Size and Forecast, By Application
11.5.1.3. Market Size and Forecast, By Carrier
11.5.2 Japan
11.5.2.1. Market Size and Forecast, By Type
11.5.2.2 Market Size and Forecast, By Application
11.5.2.3. Market Size and Forecast, By Carrier
11.5.3 India
11.5.3.1. Market Size and Forecast, By Type
11.5.3.2 Market Size and Forecast, By Application
11.5.3.3. Market Size and Forecast, By Carrier
11.5.4. South Korea
11.5.4.1. Market Size and Forecast, By Type
11.5.4.2 Market Size and Forecast, By Application
11.5.4.3. Market Size and Forecast, By Carrier
11.5.5. Australia
11.5.5.1. Market Size and Forecast, By Type
11.5.5.2 Market Size and Forecast, By Application
11.5.5.3. Market Size and Forecast, By Carrier
11.5.6. New Zealand
11.5.6.1. Market Size and Forecast, By Type
11.5.6.2 Market Size and Forecast, By Application
11.5.6.3. Market Size and Forecast, By Carrier
11.5.7. Singapore
11.5.7.1. Market Size and Forecast, By Type
11.5.7.2 Market Size and Forecast, By Application
11.5.7.3. Market Size and Forecast, By Carrier
11.5.8. Malaysia
11.5.8.1. Market Size and Forecast, By Type
11.5.8.2 Market Size and Forecast, By Application
11.5.8.3. Market Size and Forecast, By Carrier
11.5.9. Rest of Asia
11.5.9.1. Market Size and Forecast, By Type
11.5.9.2 Market Size and Forecast, By Application
11.5.9.3. Market Size and Forecast, By Carrier
12 Latin America Black Color Masterbatch Market Analysis and Forecast (2024-2030)
12.1 Introduction
12.2 Latin America Black Color Masterbatch Market Share Analysis, By Type
12.3 Latin America Black Color Masterbatch Market Size and Forecast, By Application
12.4 Latin America Black Color Masterbatch Market Size and Forecast, By Carrier
12.5 Latin America Black Color Masterbatch Market Size and Forecast, By Country
12.5.1 Brazil
12.5.1.1. Market Size and Forecast, By Type
12.5.1.2 Market Size and Forecast, By Application
12.5.1.3. Market Size and Forecast, By Carrier
12.5.2 Argentina
12.5.2.1. Market Size and Forecast, By Type
12.5.2.2 Market Size and Forecast, By Application
12.5.2.3. Market Size and Forecast, By Carrier
12.5.3. Colombia
12.5.3.1. Market Size and Forecast, By Type
12.5.3.2 Market Size and Forecast, By Application
12.5.3.3. Market Size and Forecast, By Carrier
12.5.4. Peru
12.5.4.1. Market Size and Forecast, By Type
12.5.4.2 Market Size and Forecast, By Application
12.5.4.3. Market Size and Forecast, By Carrier
12.5.5. Chile
12.5.5.1. Market Size and Forecast, By Type
12.5.5.2 Market Size and Forecast, By Application
12.5.5.3. Market Size and Forecast, By Carrier
12.5.6. Venezuela
12.5.6.1. Market Size and Forecast, By Type
12.5.6.2 Market Size and Forecast, By Application
12.5.6.3. Market Size and Forecast, By Carrier
12.5.7. rest of Latin America
12.5.7.1. Market Size and Forecast, By Type
12.5.7.2 Market Size and Forecast, By Application
12.5.7.3. Market Size and Forecast, By Carrier
13 Middle East Black Color Masterbatch Market Analysis and Forecast (2024-2030)
13.1 Introduction
13.2 Middle East Black Color Masterbatch Market Share Analysis, By Type
13.3 Middle East Black Color Masterbatch Market Size and Forecast, By Application
13.4 Middle East Black Color Masterbatch Market Size and Forecast, By Carrier
13.5 Middle East Black Color Masterbatch Market Size and Forecast, By Country
13.5.1. Saudi Arabia
13.5.1.1. Market Size and Forecast, By Type
13.5.1.2 Market Size and Forecast, By Application
13.5.1.3. Market Size and Forecast, By Carrier
13.5.2 UAE
13.5.2.1. Market Size and Forecast, By Type
13.5.2.2 Market Size and Forecast, By Application
13.5.2.3. Market Size and Forecast, By Carrier
13.5.3 Egypt
13.5.3.1. Market Size and Forecast, By Type
13.5.3.2 Market Size and Forecast, By Application
13.5.3.3. Market Size and Forecast, By Carrier
13.5.4 Kuwait
13.5.4.1. Market Size and Forecast, By Type
13.5.4.2 Market Size and Forecast, By Application
13.5.4.3. Market Size and Forecast, By Carrier
13.5.5 South Africa
13.5.5.1. Market Size and Forecast, By Type
13.5.5.2 Market Size and Forecast, By Application
13.5.5.3. Market Size and Forecast, By Carrier
13.5.5 Rest of Middle East & Africa
13.5.61. Market Size and Forecast, By Type
13.5.62 Market Size and Forecast, By Application
13.5.63. Market Size and Forecast, By Carrier
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 Clariant AG
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Ampacet Corporation
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3. Cabot Corporation
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Avient Corporation
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Plastika Kritis S.A
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Tosaf Group
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Hubron International
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Gabriel-Chemie Group
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Penn Color, Inc.
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 Plastiblends India Limited
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies