Japan Masterbatch Market Size & Outlook, 2021-2028
Japan masterbatch market, 2017-2028 (US$M)
Related Markets
Japan masterbatch market highlights
- The Japan masterbatch market generated a revenue of USD 95.4 million in 2021 and is expected to reach USD 127.8 million by 2028.
- The Japan market is expected to grow at a CAGR of 4.3% 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 95.4 million |
| Market revenue in 2028 | USD 127.8 million |
| Growth rate | 4.3% (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, Japan accounted for 2.4% 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 Asia Pacific, China masterbatch market is projected to lead the regional market in terms of revenue in 2028.
- Malaysia is the fastest growing regional market in Asia Pacific and is projected to reach USD 373.9 million by 2028.
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Masterbatch Market Scope
Masterbatch Market Companies
| Name | Profile | # Employees | HQ | Website |
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Japan 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 28.83% in 2021. Horizon Databook has segmented the Japan masterbatch market based on white, black, color, additive, filler, biodegradable covering the revenue growth of each sub-segment from 2017 to 2028.
The increasing demand for engineered plastic in Japan on account its usage across a variety of enduser sectors such as automotive, building & construction, and consumer goods is expected to boost the demand for masterbatch over the forecast period.
Japanese manufacturers are engaged in the production of masterbatch suitable for use in different types of carrier polymer systems, including polyethylene, polyethylene terephthalate, and polycarbonate.
The manufacturers formulate masterbatch to suit the needs of various applications and ensure compliance with regulations. Black masterbatch producers in the country have obtained food contact approvals, which are essential for using the masterbatch to manufacture food-grade plastics.
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Our clientele includes a mix of masterbatch market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Japan masterbatch market , including forecasts for subscribers. This country databook contains high-level insights into Japan masterbatch market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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Japan masterbatch market size, by type, 2017-2028 (US$M)
Japan Masterbatch Market Outlook Share, 2021 & 2028 (US$M)
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