Germany Masterbatch Market Size & Outlook, 2021-2028
Germany masterbatch market, 2017-2028 (US$M)
Related Markets
Germany masterbatch market highlights
- The Germany masterbatch market generated a revenue of USD 298.5 million in 2021 and is expected to reach USD 462.6 million by 2028.
- The Germany market is expected to grow at a CAGR of 6.5% from 2022 to 2028.
- In terms of segment, black was the largest revenue generating type in 2021.
- Black is the most lucrative type segment registering the fastest growth during the forecast period.
Masterbatch market data book summary
| Market revenue in 2021 | USD 298.5 million |
| Market revenue in 2028 | USD 462.6 million |
| Growth rate | 6.5% (CAGR from 2021 to 2028) |
| Largest segment | Black |
| Fastest growing segment | Black |
| Historical data | 2017 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | White, Black, Color, Additive, Filler, Biodegradable |
| Key market players worldwide | LyondellBasell Industries NV Class A, Cabot Corp, Clariant AG, Ampacet Corporation, Hubron International, Penn Color, Plastiblends India, Avient Corp |
Other key industry trends
- In terms of revenue, Germany accounted for 7.6% of the global masterbatch market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Europe, Germany masterbatch market is projected to lead the regional market in terms of revenue in 2028.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 462.6 million by 2028.
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Masterbatch Market Scope
Masterbatch Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany masterbatch market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to masterbatch market will help companies and investors design strategic landscapes.
Black was the largest segment with a revenue share of 29.45% in 2021. Horizon Databook has segmented the Germany masterbatch market based on white, black, color, additive, filler, biodegradable covering the revenue growth of each sub-segment from 2017 to 2028.
Post-Brexit, uncertainty related to the growth of plastic market prevailed in Germany. However, the high positivity surrounding the manufacturing sector and support from government to open ways for manufacturing companies by introducing subsidies, tax breaks, and incentives are expected to drive the growth of plastic market, propelling the demand for masterbatch across the country.
The demand for masterbatch in packaging segment has increased considerably due to the growing acceptance of different sizes of plastic packaging, increasing distribution network of plastic manufacturers and plastic merchandises, and the growing demand for flexible plastic packaging materials in the country.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany masterbatch market , including forecasts for subscribers. This country databook contains high-level insights into Germany masterbatch market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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Germany masterbatch market size, by type, 2017-2028 (US$M)
Germany Masterbatch Market Outlook Share, 2021 & 2028 (US$M)
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