Philippines Masterbatch Market Size & Outlook, 2021-2028
Philippines masterbatch market, 2017-2028 (US$M)
Related Markets
Philippines masterbatch market highlights
- The Philippines masterbatch market generated a revenue of USD 90.9 million in 2021 and is expected to reach USD 127.3 million by 2028.
- The Philippines market is expected to grow at a CAGR of 4.9% 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 90.9 million |
| Market revenue in 2028 | USD 127.3 million |
| Growth rate | 4.9% (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, Philippines accounted for 2.3% 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 |
|---|
Philippines 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 28.16% in 2021. Horizon Databook has segmented the Philippines masterbatch market based on white, black, color, additive, filler, biodegradable covering the revenue growth of each sub-segment from 2017 to 2028.
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Our clientele includes a mix of masterbatch market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Philippines masterbatch market , including forecasts for subscribers. This country databook contains high-level insights into Philippines masterbatch market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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Philippines masterbatch market size, by type, 2017-2028 (US$M)
Philippines Masterbatch Market Outlook Share, 2021 & 2028 (US$M)
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