U.S. Masterbatch Market Size & Outlook, 2021-2028
U.S. masterbatch market, 2017-2028 (US$M)
Related Markets
U.S. masterbatch market highlights
- The U.S. masterbatch market generated a revenue of USD 877.4 million in 2021 and is expected to reach USD 1,303.6 million by 2028.
- The U.S. market is expected to grow at a CAGR of 5.8% 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 877.4 million |
| Market revenue in 2028 | USD 1,303.6 million |
| Growth rate | 5.8% (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, U.S. accounted for 22.4% 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 North America, U.S. masterbatch market is projected to lead the regional market in terms of revenue in 2028.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 1,303.6 million by 2028.
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Masterbatch Market Scope
Masterbatch Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. 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 28.14% in 2021. Horizon Databook has segmented the U.S. masterbatch market based on white, black, color, additive, filler, biodegradable covering the revenue growth of each sub-segment from 2017 to 2028.
In the U.S., there are approximately 16,806 plastic manufacturing facilities spread across 50 states. The increasing use of plastic in consumer goods, building & construction, automotive, and other sectors is anticipated to boost the growth of masterbatch in the country over the forecast period.
In the U.S., packaging industry is the most substantial end user of plastic resins, and as the organized food retail sector is expanding, the use of plastic resins in packaging is further increasing. Barrier packaging is gaining importance as it extends the shelf life of food products by protecting them from moisture, oxygen, and light.
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. masterbatch market , including forecasts for subscribers. This country databook contains high-level insights into U.S. masterbatch market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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U.S. masterbatch market size, by type, 2017-2028 (US$M)
U.S. Masterbatch Market Outlook Share, 2021 & 2028 (US$M)
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