2023 Additive Masterbatch Market Size, In-Depth Analysis Report And Global Forecast To 2032

Additive Masterbatch Market Definition

The additive masterbatch refer to inorganic or organic compounds that come from both natural and artificial sources, used to change the original qualities or add new ones to pure plastic. Additive masterbatch can be used as the raw material for creating plastic items directly or in combination with other materials such as wood powder. When different additives are combined with plastic, different properties emerge, such as increased toughness, effective insulation, improved glossiness, and others.

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Additive Masterbatch Market Characteristics

The global additive masterbatch market size grew from $4.11 billion in 2022 to $4.35 billion in 2023 at a compound annual growth rate (CAGR) of 5.9%. The additive masterbatch market size is expected to grow to $5.43 billion in 2027 at a CAGR of 5.7%.

Key Market Drivers And Trends

Drivers Trends

Rapid growth in the packaging industry is expected to propel the growth of the additive masterbatch market.

Technological innovations are a key trend gaining popularity in the additive masterbatch market.

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Additive Masterbatch Market Segments

The report covers the additive masterbatch market’s segments-

Antimicrobial, Antioxidant, FlameRetardant, Other Types

Polyethylene (PE),

Polystyrene (PS), Polypropylene (PP), Polyvinyl

Chloride (PVC), Polyethylene

Terephthalate (PET), Other Carrier Resins

Packaging, Automotive, Consumer Goods, Building And Construction, Agriculture, Other End User Industries

By Type By Carrier Resin

By End User Industry

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