United Kingdom Masterbatch Market By Type (White, Black, Additive, Color, and Others), By Polymer (PP, LDPE/LLDPE, HDPE, PVC, PET, and Others), By Application (Film Extrusion, Injection Molding, Blow Molding, Rotomolding, and Others), By End User Industry (Packaging, Building & Construction, Consumer Goods, Automotive, Textile, Others) and By Region, Competition, Forecast & Opportunities, 2018-202
Published Date: December - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Chemicals | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationUnited Kingdom Masterbatch Market By Type (White, Black, Additive, Color, and Others), By Polymer (PP, LDPE/LLDPE, HDPE, PVC, PET, and Others), By Application (Film Extrusion, Injection Molding, Blow Molding, Rotomolding, and Others), By End User Industry (Packaging, Building & Construction, Consumer Goods, Automotive, Textile, Others) and By Region, Competition, Forecast & Opportunities, 2018-202
United Kingdom masterbatch market is expected to witness impressive growth during the forecast period. Rising demand and price deflation for expanded polystyrene color masterbatch are driving the UK masterbatch market. A range of factors, including a greater focus on plastic use in the automotive industry to reduce vehicle weight and support development in the targeted market, are expected to drive the market to grow in the upcoming years.
Masterbatches impart color and exclusive properties to plastic feedstocks and their finished products. The value added to the polymeric material has become the major bright spot for the manufacturers to keep supplying the masterbatches to various end user industries. Companies providing masterbatches have witnessed their valuation growing at an attractive rate on various financial parameters. Top line numbers of the United Kingdom Masterbatch Market have grown at an impressive CAGR over the past five years and are aligned for futuristic growth, considering the massive growth of the Polymer and Plastic business in the United Kingdom and in the regions that follow nearby. Due to political instability and profound economic crises in the UK, Industries are waging a tough battle for linear growth. Political scientists and renowned economists from around the globe have forecast a brighter spot for foreign investments, despite the prevailing scenario which would soon perish from the United Kingdom's financial system.
Increasing usage of Plastics in the Automaker Industry
If there shall exist any serious threat to the utilization of metals in the automotive industry, then plastic would appear at the top as a major alternative to metals being consumed in the manufacturing of automobiles and various components of it such as steering wheels, bumpers, airbags, and dashboards. Due to the increasing usage of plastics in automobiles, demand for various types of color masterbatches is growing. The emerging usage of plastics in the making of automotive parts has played a big boon in the price and weight of the end products. Quite convincingly, both have decreased significantly, giving rise to modern, lighter, sustainable, and affordable automobile vehicles. Masterbatch, especially color and additives, have major applications in coloring various automotive components to make the interior and exterior of the vehicles more appealing, providing an opportunity for the manufacturers to bring innovation in producing customized masterbatch.
Unique Traits of Color Masterbatches with Emerging Utility in Various End User Industries are Driving the Market Growth
The most widespread masterbatch type at present is plastic pellets with white pigments. Huge volumes in tonnes were sold globally in 2022. The white pigment titanium dioxide (TiO2) is primarily used in the plastics sector to provide appealing color to toys, electrical appliances, automotive parts, furniture, and plastic films, among other things, as well as to guard them against Ultraviolet radiation. The color black in plastics is typically formed using carbon black (industrial carbon black). Due to several benefits of masterbatches for technical polymers, the United Kingdom Masterbatch market is growing rapidly and is foresighted to grow even at a higher rate.
Innovative procedural techniques for augmenting unique traits are driving the market growth
Powders, pastes, or liquids possess the tendency to modify the fundamental properties of polyethylene and other thermoplastics. Masterbatches, in comparison, enable processing easier because the pellets allow the additives to be distributed more evenly throughout the basic plastic material. Process efficiency is raised by pre-mixed concentrates with precisely specified characteristics. They also make it possible to buy raw polymers in big numbers at a fair price, which can subsequently be tweaked for certain requirements. Pigments or dyes are evident in color masterbatches. Stabilizers, antioxidants, antistatic agents, flame retardants, and other plastic additives, for instance, are included in additive masterbatches. Masterbatches that integrate multiple additives are also an alternative.
Recent Developments
Global construction additives market is projected to generate a revenue of around USD 30 billion by 2023.
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Market Segmentation
The United Kingdom Masterbatch Market is segmented based on type, polymer, application, end user industry, company, and regional distribution. Based on type, the market can be segmented into white, black, additive, color, and others. Based on Polymer the market can be divided into Polypropylene (PP), Low Density Polyethylene (LDPE)/ Linear Low-Density Polyethylene (LLDPE), High Density Polyethylene (HDPE), Polyvinyl Chloride (PVC), Polyethylene Terephthalate (PET), and Others. Based on End User Industry the market is fragmented into Packaging, Building & Construction, Consumer Goods, Automotive, Textile and Others.
Company Profiles
Hubron (International) Limited, Clariant Services UK Ltd, Abbey Masterbatch Ltd, Performance Masterbatches (PMB), Colloids Ltd., Colourhouse Masterbatch Ltd., and Colourmaster NIP Ltd are among the major market players in the United Kingdom Masterbatch Market.
|
Attribute |
Details |
|
Base Year |
2022 |
|
Historical Years |
2018 – 2021 |
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Estimated Year |
2023 |
|
Forecast Period |
2024 – 2028 |
|
Quantitative Units |
Revenue in USD Million, Volume in Million Tonnes and CAGR for
2018-2022 and 2023-2028 |
|
Report Coverage |
Revenue forecast, company share, competitive landscape, growth
factors, and trends |
|
Segments Covered |
·
Type ·
Polymer ·
Application ·
End User Industry |
|
Regional Scope |
Scotland, South-East, London, South-West, East-Anglia,
Yorkshire & Humberside, and East Midlands |
|
Key Companies Profiled |
Hubron
(International) Limited, Clariant Services UK Ltd, Abbey Masterbatch Ltd, Performance
Masterbatches (PMB), Colloids Ltd., Colourhouse Masterbatch Ltd., and
Colourmaster NIP Ltd |
|
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. Explore purchase options |
|
Delivery Format |
PDF and Excel through Email
(We can also provide the editable version of the report in PPT/pdf format on
special request) |
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