Masterbatch
demand in India stood at 443 thousand tonnes in 2018 and
is projected to grow at a CAGR of 11.78% during 2019-2030 to reach 1667 thousand
tonnes by 2030. Masterbatch witnesses huge demand from packaging industry for
innovative and attractive packaging methods. Moreover, increasing penetration
of masterbatch in industries such as agriculture, healthcare, aerospace,
automotive and consumer goods is a major factor driving growth of India
masterbatch market. Expanding real estate sector is resulting in huge demand
for wiring and cable applications across commercial set ups, which in turn is
fueling demand for masterbatch. Furthermore, government initiatives such as “National
Electric Mobility Mission” and “Automotive Mission Plan 2026” and increasing
disposable income would boost demand for vehicles, thereby positively impacting
masterbatch market in India through 2030.
Years Considered for this Report:
Historical Years: 2013 – 2017
Base Year: 2018
Estimated Year: 2019
Forecast Period: 2020 – 2030
Objective of the Study:
- The
primary objective of the study was to evaluate and forecast masterbatch demand, inventory, and demand – supply gap
in India.
- To
categorize masterbatch demand based on type, end use,
polymer, application, sales channel and region.
- To study
trade dynamics and company share in India masterbatch market.
- To
identify major customers of masterbatch in India.
- To
identify and profile major companies operating in India
masterbatch market.
- To identify major news, deals and expansion
plans in India masterbatch market.
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Some of the major players operating in India masterbatch
market are Plastiblends India Limited, Poddar Pigments Limited, Alok Master
Batches Private Limited, Clariant Chemicals (India) Limited, Cabot India
Limited, etc.
To extract data for India masterbatch
market, primary research surveys were conducted with masterbatch manufacturers,
suppliers, distributors, wholesalers and end users. While interviewing, the
respondents were also inquired about their competitors. Through this technique,
TechSci Research was able to include manufacturers that could not be identified
due to the limitations of secondary research. Moreover, TechSci Research
analyzed various end user segments and projected a positive outlook for India masterbatch
market over the coming years.
TechSci Research calculated masterbatch
demand in India by analyzing the historical data and demand forecast was
carried out considering the consumption of end-use industries. TechSci Research
sourced these values from industry experts and company representatives and
externally validated through analyzing historical sales data of respective manufacturers to arrive at the
overall market size. Various secondary sources such as company websites,
association reports, annual reports, etc., were also studied by TechSci
Research.
Key
Target Audience:
- Masterbatch manufacturers and other
stakeholders
- Organizations, forums and alliances related to
masterbatch distribution
- Government bodies such as regulating
authorities and policy makers
- Market research organizations and consulting
companies
The study is useful in
providing answers to several critical questions that are important for industry
stakeholders, such as masterbatch manufacturers, distributors
and policymakers. The report also provides useful insights about which market
segments should be targeted over the coming years to strategize investments and
capitalize on growth opportunities.
Report Scope:
In this report, India masterbatch market has been segmented into
following categories:
Available Customizations:
With the given
market data, TechSci Research offers customizations according to a company’s
specific needs.
In case you can’t find what, you are looking for
then please get in touch with our custom research team at [email protected]