United States Additive Masterbatch market size was valued at USD 672 million in 2022 which is expected to reach USD 1095.6 million in 2030 with a CAGR of 6.3% for the forecast period between 2023 and 2030
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United States additive masterbatch market size was valued at USD 672 million in 2022, which is expected to grow to USD 1095.6 million in 2030, with a CAGR of 6.3% during the forecast period between 2023 and 2030. Escalating regulatory standards, particularly concerning environmental adherence and safety protocols are pivotal catalysts of additive masterbatch in the United States as it compels manufacturers to pioneer inventive additives that align with these rigorous mandates. Concurrently, industries such as automotive, electronics, packaging, and healthcare are witnessing a sharp demand for top-tier plastics customized for specific attributes by adding additive masterbatch due to their cost- effectiveness. Additive masterbatch provides engineer solutions that augment mechanical robustness, thermal resilience, aesthetics, and other essential properties that drive demand in several sectors.
Furthermore, the expanding packaging sector is propelled by the surge in e-commerce, sustainability considerations, and the necessity for specialized additives capable of elevating barrier protection and recyclability. Finally, as technological advancements unfold and consumer preferences gravitate toward sustainable and adaptable products, the additive masterbatch market is poised for expansion further driven by continuous research, technological breakthroughs, and strategic adaptations to the diverse needs of various industries in the United States.
Growing demand for Electronics and Electrical Mobility
As electronics become increasingly intricate and compact, the need for plastics possessing precise electrical attributes and flame resistance becomes paramount. This requirement aligns with the expanding electronics sector and the emergence of electric mobility, which drives the demand for plastics offering improved electrical properties, thermal resilience, and flame resistance. These requirements are efficiently and economically met by adding additive masterbatch to recycled plastics, driving the demand for additive masterbatch in the United States market.
For instance, Electric vehicle manufacturers such as Nissan, BMW, and Toyota are starting to use recycled plastics to reduce overall weight and energy consumption. Calcium carbonate masterbatch is commonly added to the recycled plastics used in EVs to overcome the disadvantages of recycled plastic. Therefore, the increasing sales of EVs in the United States, with an increase in sales by 50% in Q1 2023 compared to Q1 2022 is driving the demand for additive masterbatch in the United States.
Strong Focus on Sustainability
Manufacturers are projected to orient their efforts towards developing additives specifically designed to assist plastics in adapting to the continuously evolving landscape of environmental and safety requirements. With the escalation of environmental concerns and the increasing stringency of regulatory pressures, there is an anticipated growth in the demand for additive masterbatch solutions in the United States.
For instance, Mobility aid masterbatches contribute to enhanced performance in PET bottle production by ensuring uniform distribution throughout the material. They maintain the integrity of subsequent adhesion-dependent processes such as labelling and printing. Moreover, these additives eliminate the necessity for costly and time-consuming spray coatings, which tend to leave a problematic waxy residue on bottles and packaging machinery, requiring frequent cleaning. This addition of masterbatch in this process has improved the efficiency sixfold making it very efficient and sustainable leading to growing demand for additive masterbatch in the United States.
Impact of COVID-19
The additive masterbatch market in the United States experienced challenges during the COVID-19 pandemic due to supply chain disruptions, factory closures, and reduced demand from downstream sectors such as automotive, aerospace, and non-essential consumer goods. Lockdowns initially hindered production and material availability, tightening the market's supply chain. However, the crisis underscored the significance of plastics in healthcare, packaging, and hygiene products, leading to a demand shift towards medical devices and essential goods packaging. The surge in remote work and e-commerce drove the demand for electronics and packaging materials leading to increased demand for additive masterbatch in the United States.
Impact of Russia-Ukraine War
The ongoing conflict has led to significant disruptions in global supply chains, impacting the availability of raw materials and transportation routes. Consequently, the price of additive masterbatch in the United States has increased due to disrupted supply-demand dynamics. Capacity reductions in the pigment and dye industry, coupled with elevated costs of feedstock materials namely CaCo3 powder, titanium dioxide, polymers, carbon black, pigments, dyes, and additives have contributed to increase in price, which in turn decreased consumer sentiments. Political uncertainty has prompted a decline in demand from various industries in the United States, with development investments being postponed or cancelled. Furthermore, the imposition of sanctions and shipping disruptions arising from the import ban of Russian commodities by the United States has worsened the supply situation of additive masterbatch in the country.
United States Additive Masterbatch Market: Report Scope
“United States Additive Masterbatch Market Assessment, Opportunities and Forecast, 2016-2030F” is a comprehensive report by Markets and Data, providing in-depth analysis and qualitative & quantitative assessment of the current state of additive masterbatch market in the United States, industry dynamics, and challenges. The report includes market size, segmental shares, growth trends, COVID-19 and Russia-Ukraine war impact, opportunities, and forecast between 2023 and 2030. Additionally, the report profiles the leading players in the industry, mentioning their respective market share, business model, competitive intelligence, etc.
Report Attribute |
Details |
Base Year of the Analysis |
2022 |
Historical Period |
2016-2021 |
Forecast Period |
2023-2030 |
Projected Growth Rate |
CAGR of 6.3% between 2023 and 2030 |
Revenue Forecast in 2030 |
USD 1095.6 million |
Units |
Revenue in USD million |
Segments Covered |
Functionality, Resin Type, Application, End-use Industry |
Regions Covered |
Northwest, Southwest, West, Southeast and Midwest. |
Key Companies Profiled |
Dow, Inc, Ampacet Corporation, Lyondellbasell Advanced Polymers, Inc (A.Schulman Inc), Avient Corporation, Cabot Corporation, Tosaf USA, Inc, Ingenia Polymers, Inc, RTP Company, Primex Plastics Corporation, Clariant Corporation. |
Customization Scope |
15% free report customization with purchase |
Pricing and Purchase Options |
Avail the customized purchase options to fulfil your precise research needs |
Delivery Format |
PDF and Excel through email (subject to the license purchased) |
In this report, United States additive masterbatch market has been segmented into the following categories:
1. By Functionality
1.1. UV Stabilizer
1.2. Antioxidant
1.3. Antimicrobial
1.4. Flame Retardant
1.5. Anti-slip
1.6. Anti- corrosive
1.7. Hybrid
1.8. Others
2. By Resin Type
2.1. Polypropylene
2.2. Polyethylene
2.2.1.LLDPE
2.2.2.LDPE
2.2.3.HDPE
2.3. Polystyrene
2.4. PET
2.5. PVC
2.6. PVA
2.7. Others
3. By Application
3.1. Moulding
3.1.1.Blow moulding
3.1.2.Injection moulding
3.1.3.Others
3.2. Lamination
3.3. Insulation
3.4. Manufacturing
3.5. Others
4. By End-use Industry
4.1. Packaging
4.2. Agriculture
4.3. Building & Construction
4.4. Electrical & Electronics
4.5. Transportation
4.5.1.Automotive
4.5.2.Marine
4.5.3.Others
4.6. Consumer Goods
4.6.1.Household
4.6.1.1. Appliances
4.6.1.2. Utilities
4.6.1.3. Others
4.6.2.Toys/Recreational Products
4.6.3.Others
4.7. Others
5. By Region
5.1. Northwest
5.2. Southwest
5.3. West
5.4. Southeast
5.5. Midwest
Key Players Landscape and Outlook
Major additive masterbatch manufacturers in the US are driven by increasing regulations and a growing demand for high-quality products to innovate and introduce new inventions and product launches continuously. As regulatory pressures intensify and consumer expectations for premium goods rise, these manufacturers are motivated to develop novel solutions that align with stringent standards while meeting the evolving needs of various industries.
For instance, in May 2023, Tosaf introduced a masterbatch carrier system, meeting the comprehensive food contact standards. These standards encompass guidelines from prominent bodies such as the German Federal Institute for Risk Assessment and the intricate regulatory frameworks of the USA and China, including FDA and China Food Safety Law regulations.
The outlook for additive masterbatch in the United States is optimistic, driven by increasing regulatory requirements and a demand for customized high-performance plastics. Packaging, electronics, healthcare, and automotive industries will propel innovation, leading to specialized additives that meet stringent standards. As sustainability and consumer preferences for quality products rise, manufacturers are expected to focus on developing novel solutions, enhancing material properties, and contributing to the growth of diverse sectors.
Key Players Operating in United States Additive Masterbatch Market are:
· Dow, Inc
· Ampacet Corporation
· Lyondellbasell Advanced Polymers, Inc (A.Schulman Inc)
· Avient Corporation
· Cabot Corporation
· Tosaf USA, Inc
· Ingenia Polymers, Inc
· RTP Company
· Primex Plastics Corporation
· Clariant Corporation
Markets and Data’s reports answer the following questions:
• What is the current and future market size of the product/service in question globally or specific to different countries?
• How are the markets divided into different product/service segments and the market size and growth of each segment?
• What is the market potential of different product segments and their investment case?
• How are the markets predicted to develop in the future and what factors will drive or inhibit growth?
• What is the business environment and regulatory landscape specific to the product/service?
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1. Research Methodology
2. Project Scope & Definitions
3. Impact of COVID-19 on United States Additive Masterbatch Market
4. Impact of Russia-Ukraine War
5. Executive Summary
6.1. Market Awareness and Product Information
6.2. Brand Awareness and Loyalty
6.3. Factors Considered in Purchase Decision
6.3.1.Brand Name
6.3.2.Quality
6.3.3.Quantity
6.3.4.Price
6.3.5.Product Specification
6.3.6.Application Specification
6.3.7.VOC/Toxicity Content
6.3.8.Availability of Product
6.4. Frequency of Purchase
6.5. Medium of Purchase
7. United States Additive Masterbatch Market Outlook, 2016-2030F
7.1. Market Size & Forecast
7.1.1.By Value
7.1.2.By Volume
7.2. By Functionality
7.2.1.UV Stabilizer
7.2.2.Antioxidant
7.2.3.Antimicrobial
7.2.4.Flame Retardant
7.2.5.Anti-slip
7.2.6.Anti- corrosive
7.2.7.Hybrid
7.2.8.Others
7.3. By Resin Type
7.3.1.Polypropylene
7.3.2.Polyethylene
7.3.2.1. LLDPE
7.3.2.2. LDPE
7.3.2.3. HDPE
7.3.3.Polystyrene
7.3.4.PET
7.3.5.PVC
7.3.6.PVA
7.3.7.Others
7.4. By Application
7.4.1.Moulding
7.4.1.1. Blow moulding
7.4.1.2. Injection moulding
7.4.1.3. Others
7.4.2.Lamination
7.4.3.Insulation
7.4.4.Manufacturing
7.4.5.Others
7.5. By End-use Industry
7.5.1.Packaging
7.5.2.Agriculture
7.5.3.Building & Construction
7.5.4.Electrical & Electronics
7.5.5.Transportation
7.5.5.1. Automotive
7.5.5.2. Marine
7.5.5.3. Others
7.5.6.Consumer Goods
7.5.6.1. Household
7.5.6.1.1. Appliances
7.5.6.1.2. Utilities
7.5.6.1.3. Others
7.5.6.2. Toys/Recreational Products
7.5.6.3. Others
7.5.7.Others
7.6. By Region
7.6.1.Northwest
7.6.2.Southwest
7.6.3.West
7.6.4.Southeast
7.6.5.Midwest
7.7. By Company Market Share (%), 2022
8. Supply Side Analysis
8.1. Capacity, By Company
8.2. Production, By Company
8.3. Operating Efficiency, By Company
8.4. Key Plant Locations (Up to 25)
9. Market Mapping, 2022
9.1. By Functionality
9.2. By Resin Type
9.3. By Application
9.4. By End-use Industry
9.5. By Region
10. Macro Environment and Industry Structure
10.1. Supply Demand Analysis
10.2. Import Export Analysis – Volume and Value
10.3. Supply/Value Chain Analysis
10.4. PESTEL Analysis
10.4.1. Political Factors
10.4.2. Economic System
10.4.3. Social Implications
10.4.4. Technological Advancements
10.4.5. Environmental Impacts
10.4.6. Legal Compliances and Regulatory Policies (Statutory Bodies Included)
10.5. Porter’s Five Forces Analysis
10.5.1. Supplier Power
10.5.2. Buyer Power
10.5.3. Substitution Threat
10.5.4. Threat from New Entrant
10.5.5. Competitive Rivalry
11. Market Dynamics
11.1. Growth Drivers
11.2. Growth Inhibitors (Challenges, Restraints)
12. Key Players Landscape
12.1. Competition Matrix of Top Five Market Leaders
12.2. Market Revenue Analysis of Top Five Market Leaders (in %, 2022)
12.3. Mergers and Acquisitions/Joint Ventures (If Applicable)
12.4. SWOT Analysis (For Five Market Players)
12.5. Patent Analysis (If Applicable)
13. Pricing Analysis
14. Case Studies
15. Key Players Outlook
15.1. Dow, Inc
15.1.1. Company Details
15.1.2. Key Management Personnel
15.1.3. Products & Services
15.1.4. Financials (As reported)
15.1.5. Key Market Focus & Geographical Presence
15.1.6. Recent Developments
15.3. Lyondellbasell Advanced Polymers, Inc (A.Schulman Inc)
15.4. Avient Corporation
15.5. Cabot Corporation
15.6. Tosaf USA, Inc
15.7. Ingenia Polymers, Inc
15.8. RTP Company
15.9. Primex Plastics Corporation
15.10. Clariant Corporation
*Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.
16. Strategic Recommendations
17. About Us & Disclaimer
List of Figures: United States Additive Masterbatch Market
Figure 1. United States Additive Masterbatch Market, By Value, In USD Million, 2016-2030F
Figure 2. United States Additive Masterbatch Market, By Volume, In Tons, 2016-2030F
Figure 3. United States Additive Masterbatch Market Share, By Functionality, In USD Million, 2016-2030F
Figure 4. United States Additive Masterbatch Market Share, By Resin Type, In USD Million, 2016-2030F
Figure 5. United States Additive Masterbatch Market Share, By Application, In USD Million, 2016-2030F
Figure 6. United States Additive Masterbatch Market Share, By End-User Industry, In USD Million, 2016-2030F
Figure 7. United States Additive Masterbatch Market Share, By Region, In USD Million, 2016-2030F
Figure 8. By Functionality Map-Market Size (USD Million) & Growth Rate (%), 2022
Figure 9. By Resin Type Map-Market Size (USD Million) & Growth Rate (%), 2022
Figure 10. By Application Map-Market Size (USD Million) & Growth Rate (%), 2022
Figure 11. By End-User Industry Map-Market Size (USD Million) & Growth Rate (%), 2022
Figure 12. By Region Map-Market Size (USD Million) & Growth Rate (%), 2022
List of Tables: United States Additive Masterbatch Market
Table 1. Pricing Analysis of Products from Key Players
Table 2. Competition Matrix of Top 5 Market Leaders
Table 3. Mergers & Acquisitions/ Joint Ventures (If Applicable)
Table 4. About Us - Regions and Countries Where We Have Executed Client Projects
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