Masterbatch Market is estimated to be US$ 5.9 billion by 2022 with a CAGR of 6.8% prophecymarketinsights.com

The production of color masterbatches follows the process of identifying and weighing pigments and additives, mixing these pigments and additives with a carrier resin or polymer by heat treatment and typically twin screw extrusion and cooling, and forming the concentrated mixture into granule size. Masterbatch allows processors to economically color raw polymers, which are already premixed compositions, and their use eliminates problems with insufficient dispersion or clumping of additives or colorants. A master batch is a solid material, widely used in the plastics industry to paint objects, while also imparting numerous properties to objects as per production requirements. In addition to being safer to handle, Masterbatch additives are also cleaner, with no pigments or other powdery additives that waft, bleed, or permanently attach to surfaces. The result is a cleaner production area, less cross-contamination and potentially faster transition between different products. Color masterbatch has advantages over other methods, including process stability, optimum dispersion, reliability, reduced bulk powder handling and cleaning costs, these advantages of color masterbatch have made it widely accepted as the preferred color method. Replacement of metals with plastics in end-use industries including automotive and transportation, building and construction, consumer goods and packaging is expected to be a major factor driving the global market in the coming years. As players continue to replace traditional metal structures with polymer materials, they can be expected during the forecast period

The report “Masterbatch Market, By Type (Standard Color, Specialty Color and Tailor-made Color), By Carrier Polymer (Polypropylene, Polyethylene), Application (Packaging, Building & Construction, Automotive, Consumer Goods, Textile, Agriculture), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Trends, Analysis and Forecast till 2032 “

Key Highlights:

In September 2022, new plant in Brembete, Italy opened in response to increased product demand Masterbatch supplier Ampacet Corporation has opened a new production plant in Brembete, Italy.
In May 2022, in the company’s latest innovation spotlight, Ampacet, the global masterbatch leader, introduced the Sunchill Color Masterbatch designed to reduce the thermal load of dark plastic objects in sunlight and hot weather conditions.
Analyst View:

Color masterbatches are the most useful and important in a variety of fields, they have the potential to transform plastics and provide other applications and can change color, add value, give texture and effect, define the appearance and function of plastic materials. Starting from the industries to household appliances, everyone depends on color masterbatches. A masterbatch is a concentrated mixture of pigments and additives that are incorporated into a carrier resin during heat processing, which is then cooled and cut into granular sizes. The masterbatch allows the processor to color the raw polymer economically. With increasing demand for plastics from the construction and luxury goods packaging industries, packaging accounts use all types of masterbatch markets. Masterbatch market innovation is increasing worldwide due to technological developments in masterbatch color products that are more efficient to wear and use.