India Masterbatch Market is anticipated to increase at an impressive rate in the forecast period 2028 due to the fast-growing automotive market. India was the largest producer of two and three-wheelers across the globe.

Masterbatch is a solid product with highly concentrated and well-dispersed colours or additives, often formed of plastic, rubber, or elastomer. During molding, the carrier material combines with the primary plastic to impart the masterbatch's colour or other properties to the finished plastic product. Colour masterbatch causes a significant change in plastic resins and their applications. High-performance engineering thermoplastics are masterbatches. Enticing colour for the eyes. The hue that changes. Value-adding colour is the colour that establishes form and purpose. Plastic processors depend on cutting-edge colour technology for everything from industrial equipment to household appliances, fabrics to packaging, and designers. Colour masterbatch is an ideal solution for plastic products due to its thermal stability and colour flexibility, two of its main components. Masterbatches, made of premium pigments, are employed in many operations, including the insulation of cables and the injection and blow molding of bottles.

Additive masterbatches shield materials from deterioration brought on by heat, shear, UV rays, and oxidation in end-user environments. The significant controls can minimize the product weight, limit fire and resist reacting to it, and make synthetic exteriors simpler to print or laser cut. Additionally, it avoids the potential accumulation of power.

Increasing Technological Advancement for Customized Masterbatch

Recently, the market for high-quality plastic items has grown significantly. For market providing in consumer goods marketplaces, differentiation into product design and packaging design has been of the utmost importance in the business. Customized masterbatches have supported the plastics industry because of recent rapid technological breakthroughs and the collection of new proprietary pigments. Vehicles' weight and carbon emissions are reduced as their plastic content rises and fuel economy is improved. This results in the use of plastic components in place of metal ones in cars. The masterbatch market can rise because of the requirement of the desired colour. There are businesses on the market today that require hundreds of distinct colours for numerous small manufacturing runs. For instance, it makes no sense to demand so many masterbatch references from a company if it needs to formulate 800 colours annually. In this situation, using single pigment masterbatches yields raw materials that behave superbly when diluted and dispersed to produce the desired colour.

Merger & Acquisition

In 2022, Delta Tecnic showcased it's colour concentrates for recycled PVC. To minimize adverse environmental effects, recycling and reuse plastic under ideal circumstances is essential. Based on application, PVC can be recycled to eight times.

In 2020, Clariant acquired a division of PolyOne and rebranded to the name Avient; In 2021, Avient acquired Magna Colours Ltd.


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Market Segmentation

India Masterbatch Market is segmented based on type, polymer, application, end user and mode of distribution. Based on type, the market is divided into white, black, additive, colour, and others. Based on polymer, the market is divided into PP, LDPE/LLDPE, HDPE, PVC, PET, others. Based on application, the market is divided into film extrusion, injection molding, blow molding, roto molding, and others. Based on end user, the market is divided into packaging, building & construction, consumer goods, automotive, textile, and others.

Key Market Players

Plastiblends India, Orbit Masterbatches, Clariant Chemicals (India) Limited, A. Schulman Plastics India Private Limited, Ampacet Speciality Product, Cabot India Limited, Avient Corporation, and RTP Company are some of the key players operating in the India Masterbatch Market.

Attribute

Details

Base Year

2022

Historic Data

2018 – 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million, Volume in metric ton, and CAGR for 2018-2022 and 2023-2028

Report coverage

Revenue forecast, Volume forecast, company share, competitive landscape, growth factors, and trends

Segments covered

·         Type

·         Polymer

·         Application

·         End User

Regional scope

East; West; North; South.

Key companies profiled

Plastiblends India, Orbit Masterbatches, Clariant Chemicals (India) Limited, A. Schulman Plastics India Private Limited, Ampacet Speciality Product, Cabot India Limited, Avient Corporation, and RTP Company

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs.

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Report Scope:

In this report, India Masterbatch Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

·         India Masterbatch Market, By Type:

    • White
    • Black
    • Additive
    • Colour
    • Others

·         India Masterbatch Market, By Polymer:

o   PP

o   LDPE/LLDPE

o   HDPE

o   PVC

o   PET

o   Others

·         India Masterbatch Market, By Application:

o   Film Extrusion

o   Injection Molding

o   Blow Molding

o   Roto Molding

o   Others

·         India Masterbatch Market, By End User:

o   Packaging

o   Building & Construction

o   Consumer Goods

o   Automotive

o   Textile

o   Others

·          India Masterbatch Market, By Region:

o   North

o   South

o   West

o   East

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in India Masterbatch Market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

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1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.     Markets Covered

1.2.2.     Years Considered for Study

1.2.3.     Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Market Players

3.4.  Overview of Key Regions/Countries

3.5.  Overview of Market Drivers, Challenges, and Trends

4.    Voice of Customer

5.    India Masterbatch Market Outlook

5.1.  Demand Analysis

5.1.1.     Production

5.1.2.     Import

5.1.3.     Export

5.1.4.     Inventory

5.1.5.     Demand & Supply Gap

5.2.  Market Size & Forecast

5.2.1.     By Value & Volume

5.3.  Market Share & Forecast

5.3.1.     By Type (White, Black, Additive, Colour, Others)

5.3.2.     By Polymer (PP, LDPE/LLDPE, HDPE, PVC, PET, Others)

5.3.3.     By Application (Film Extrusion, Injection Molding, Blow Molding, Rotomolding, Others)

5.3.4.     By End User Industry (Packaging, Building & Construction, Consumer Goods, Automotive, Textile, Others)

5.3.5.     By Region (North, South, West, and East)

5.3.6.     By Company (2022)

5.4.  Market Map

5.4.1.     By End Use

5.4.2.     By Sales

5.4.3.     By Region

6.    North India Masterbatch Market Outlook

6.1.  Market Size & Forecast          

6.1.1.     By Value & Volume

6.2.  Market Share & Forecast

6.2.1.     By Type

6.2.2.     By Polymer

6.2.3.     By Application

6.2.4.     By End User

6.2.5.     By States (Top 3 states)

7.    South India Masterbatch Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value & Volume

7.2.  Market Share & Forecast

7.2.1.     By Type

7.2.2.     By Polymer

7.2.3.     By Application

7.2.4.     By End User

7.2.5.     By States (Top 3 states)

8.    West India Masterbatch Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value & Volume

8.2.  Market Share & Forecast

8.2.1.     By Type

8.2.2.     By Polymer

8.2.3.     By Application

8.2.4.     By End User

8.2.5.     By States (Top 3 states)

9.    East India Masterbatch Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value & Volume

9.2.  Market Share & Forecast

9.2.1.     By Type

9.2.2.     By Polymer

9.2.3.     By Application

9.2.4.     By End User

9.2.5.     By States (Top 3 states)

10.  Market Dynamics

10.1.              Drivers

10.1.1.   Increasing Demand of Desired Colour Product

10.1.2.   Increasing Demand of Polymer in Various End User Industry

10.1.3.   Efficiency over normal urea

10.2.              Challenges

10.2.1.   Toxicity of Masterbatch

11.  Import & Export Dynamics

11.1.1.   Country wise Imports

11.1.2.   Country wise Exports

12.  Policy and Regulatory Landscape

13.  List of Suppliers/Distributors, By Region (Up to 10)

14.  Porters Five Forces Analysis

14.1.              Competition in the Industry

14.2.              Potential of New Entrants

14.3.              Power of Suppliers

14.4.              Power of Customers

14.5.              Threat of Substitute Products

15.  Competitive Landscape

15.1.              Business Overview

15.2.              Company Snapshot

15.3.              Products & Services

15.4.              Financials (As reported)

15.5.              Recent Developments

15.6.              SWOT Analysis

15.6.1.   Alok Masterbatches

15.6.2.   Poddar Pigments

15.6.3.   Plastiblends India

15.6.4.   Orbit Masterbatches

15.6.5.   Clariant Chemicals (India) Limited

15.6.6.   A. Schulman Plastics India Private Limited

15.6.7.    Ampacet Speciality Product

15.6.8.    Cabot India Limited

15.6.9.    Avient Corporation

15.6.10.  RTP Company

16. Strategic Recommendations

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