The Germany masterbatch market is anticipated to observe an impressive growth during the forecast period, 2024-2028. The market is expanding quickly due to many key drivers, including an increased demand from various end-user industries such as automotive, transportation, building & construction, consumer goods, among others. A masterbatch is a type of liquid or solid additive used to tint or color polymers. It is utilized to improve the qualities of the plastics as well as their appearance. Besides, a masterbatch is found at in both solid and liquid forms and is used for imparting color. Additionally, a masterbatch also enhances useful properties of polymers such as flame retardation, antilocking, antifog, among others.
Increasing Adoption and use of Plastics in the Automotive Industry
The German automobile sector, for instance, sold 2,051,958 units passenger Cars and Commercial vehicles by September 2022.
Increasing Demand for Biodegradable Masterbatches to Foster the Market Growth
The geriatric population of Germany (population 65 years and older) as of December 31, 2021, was around 18.44 million.
Increasing Focus on Plastic Packaging
The market is booming due to the increasing use of plastic packaging across several industries, including food & beverage, personal care, and home. This is due to the convenience and changing lifestyles that are driving the demand for packaged food as well as the expanding penetration of the e-retail sector. The demand for packaged food has significantly increased after the COVID-19 pandemic crisis.
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Market Segmentation
The Germany Masterbatch market is segmented
Market Players
GRAFE Advanced Polymers GmbH, Avient Colorants Germany GmbH, COLTEC GMBH & CO. KG, NSB Polymers GmbH, TREFFERT GMBH & CO. KG, Clariant Masterbatches (Deutschland) GmbH, Gabriel-Chemie Deutschland GmbH, Deifel GmbH & Co. KG, Buntfarbenfabrik, Granula Deutschland GmbH, IKV – Innovative Kunststoffveredelung GmbH are some of the leading companies operating in the market.
Attribute
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Details
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Base Year
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2022
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Historic Data
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2018 –
2021
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Estimated Year
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2023
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Forecast Period
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2024
– 2028
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Quantitative Units
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Revenue in USD Million, Volume in Thousand Tonnes and CAGR for
2018-2023 and 2023-2028
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Report coverage
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Revenue forecast, Volume forecast company share, competitive
landscape, growth factors, and trends
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Segments covered
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·
Type
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Polymer
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Application
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End User Industry
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Region
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Company
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Regional scope
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North Rhine-Westphalia
Germany, Bavaria Germany, Baden-Wurttemberg, Saxony, Hesse
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Key companies profiled
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GRAFE Advanced Polymers GmbH, Avient Colorants Germany GmbH,
COLTEC GMBH & CO. KG, NSB Polymers GmbH, TREFFERT GMBH & CO. KG,
Clariant Masterbatches (Deutschland) GmbH, Gabriel-Chemie Deutschland GmbH,
Deifel GmbH & Co. KG, Buntfarbenfabrik, Granula Deutschland GmbH, IKV –
Innovative Kunststoffveredelung GmbH
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Customization scope
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alteration to country, regional & segment scope.
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Pricing and purchase options
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Delivery Format
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provide the editable version of the report in PPT/Word format on special
request)
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