Masterbatch Market Is Expected To Reach USD 9.65 Billion By 2030: Grand View Research Inc.
San Francisco, 31 January 2025: The Report Masterbatch Market Size, Share & Trends Analysis Report By Type (Black, Filler), By Carrier Polymer (Polypropylene, Polyethylene), By End-use, By Region, And Segment Forecasts, 2024 - 2030 The global masterbatch market size is expected to reach USD 9.65 billion by 2030 to expand at a CAGR of 6.3% from 2024 to 2030 as per the new report by Grand View Research, Inc. Increasing replacement of metal with plastic is projected to fuel the market growth. In addition, rising demand from the European region is expected to propel the demand over the forecast period. In terms of revenue, black masterbatch was the largest type segment in 2022 and the trend is anticipated to continue over the forecast period. The increasing need for improving the surface appearance of plastic components in automotive and transportation, building and construction, and consumer goods is expected to contribute to the growth. Additive mast...