Press Release

Saudi Arabia Masterbatch Market to Grow with a CAGR of 4.58% through 2028

Growth in research and development activities is expected to drive the Saudi Arabia Masterbatch Market growth in the forecast period, 2024-2028.


According to TechSci Research report, “Saudi Arabia Masterbatch Market – By Region, Competition, Forecast and Opportunities, 2018-2028F”, the Saudi Arabia Masterbatch Market stood at USD188.26 million in 2022 and is anticipated to grow with a CAGR of 4.58% in the forecast period, 2023-2028. The initiatives taken by government based on masterbatch has led to favorable market conditions for the Saudi Arabia Masterbatch Market. Several factors contribute to the growth of various masterbatch market products.  The Saudi Arabian government has been actively implementing a range of strategic initiatives that are indirectly stimulating the growth of the masterbatch market in the country. Masterbatch, which is a concentrated mixture of pigments or additives encapsulated into a carrier resin, plays a critical role in enhancing the properties and aesthetics of plastic products. With the rapid expansion of industries such as construction, packaging, and automotive in Saudi Arabia, the demand for high-quality masterbatches has significantly increased. The construction sector, driven by ongoing infrastructure projects, relies on masterbatches to optimize the performance and durability of plastic materials used in various applications.

Similarly, the packaging industry utilizes masterbatches to achieve vibrant colors, UV resistance, and other desirable characteristics in plastic packaging materials. Moreover, the automotive industry in Saudi Arabia, witnessing substantial growth, relies on masterbatches to enhance the visual appeal, strength, and longevity of plastic components used in vehicles. As a result of these trends, the masterbatch market in Saudi Arabia is experiencing a notable upswing in demand, making it a sector of great importance and opportunity for both local and international players in the industry.


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Research and development (R&D) activities play a crucial role in driving the growth of the masterbatch market. These activities are instrumental in fostering innovation and paving the way for the development of new and improved masterbatch products that effectively meet the evolving needs of various industries.

For example, through dedicated R&D efforts, bio-based masterbatches have been created. These innovative masterbatches are derived from renewable sources, such as plant-based materials, and offer a more sustainable and eco-friendlier alternative to traditional petroleum-based masterbatches. By leveraging the power of R&D, the masterbatch industry is able to deliver solutions that not only address the diverse requirements of different sectors but also contribute to a greener and more sustainable future.

The Saudi Arabia Masterbatch Market is segmented in type, end user, regional distribution, and company.

Based on its type, the color segment held the largest share in the market. The increasing demand for colorful plastic products for decoration purposes from the commercial sector is significantly driving the growth of the color master batch market. Color master batches are specifically engineered to ensure complete dispersion in a polymer matrix, resulting in a final product with superior color distribution compared to raw pigments. Moreover, besides enhancing color, these master batches also impart desirable stiffness and adhesive properties to the raw polymer, further enhancing the overall quality and performance of the end product.

Based on region, Northern & Central segment is expected to grow during the forecast period.

In recent years, these regions have experienced remarkable infrastructural development, transforming their landscapes and economies. Notably, the Sakani home-building program has played a pivotal role in boosting the real estate sector, creating a surge in demand for construction materials, including plastics. As plastics continue to be a key component in various industries, the need for masterbatches, which enhance the properties and functionalities of plastic products, has correspondingly increased. This robust infrastructural development indirectly fuels the demand for masterbatches, contributing to the overall growth and sustainability of the construction and plastic industries in these regions.


Major companies operating in Saudi Arabia Masterbatch Market are:

  • Avient Corporation
  • Astra Polymer Compounding Co., Ltd.
  • Cabot Corporation
  • Ingenia Polymer Corp.
  • Juffali PolyOne Master Batches Co. Ltd.
  • Polyalwan Co.


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“Growing application of masterbatch in various end user industries are key drivers of the masterbatch market. Growth in competitive landscape and presence of well-established companies in the market who are dedicated to enhance their productivity of masterbatch with every passing year are anticipated to register an impressive growth to Saudi Arabia Masterbatch Market in the forecast period.,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.

Saudi Arabia Masterbatch Market By Type (White, Black, Additive, Color), By End User (Packaging, Building & Construction, Consumer Goods, Automotive, Textile, Others), By Region, By Competition Forecast & Opportunities, 2018-2028F”, has evaluated the future growth potential of Saudi Arabia Masterbatch Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Saudi Arabia Masterbatch Market.



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