Table of Content

1 INTRODUCTION 34
1.1 OBJECTIVES OF THE STUDY 34
1.2 MARKET DEFINITION 34
1.2.1 BLACK MASTERBATCH MARKET: INCLUSIONS & EXCLUSIONS 34
1.2.2 BLACK MASTERBATCH: MARKET DEFINITION AND INCLUSIONS,
BY END-USE INDUSTRY 35
1.3 MARKET SCOPE 35
1.3.1 MARKET SEGMENTATION 35
1.3.2 REGIONS COVERED 36
1.3.3 YEARS CONSIDERED FOR THE STUDY 36
1.4 CURRENCY 37
1.5 UNIT CONSIDERED 37
1.6 STAKEHOLDERS 37
2 RESEARCH METHODOLOGY 38
2.1 BASE NUMBER CALCULATION 38
2.1.1 SUPPLY SIDE APPROACH 38
2.1.2 DEMAND SIDE APPROACH 38
2.1.3 PARENT MARKET APPROACH 39
2.2 FORECAST NUMBER CALCULATION 39
2.2.1 SUPPLY SIDE 39
2.2.2 DEMAND SIDE 40
2.3 RESEARCH DATA 40
2.3.1 SECONDARY DATA 40
2.3.2 PRIMARY DATA 41
2.3.2.1 Primary interviews – demand and supply-side 41
2.3.2.2 Breakdown of primary interviews 41
2.3.2.3 Key industry insights 42
2.4 MARKET SIZE ESTIMATION 43
2.4.1 BOTTOM-UP APPROACH 43
FIGURE 1 BLACK MASTERBATCH MARKET: BOTTOM-UP APPROACH 43
2.4.2 TOP-DOWN APPROACH 43
FIGURE 2 BLACK MASTERBATCH MARKET: TOP-DOWN APPROACH 43
2.5 DATA TRIANGULATION 44
FIGURE 3 BLACK MASTERBATCH MARKET: DATA TRIANGULATION 44
2.6 FACTOR ANALYSIS 45
FIGURE 4 COVID-19 FACTORS IMPACTING GROWTH OF BLACK MASTERBATCH MARKET 45
2.7 ASSUMPTIONS 45
2.8 LIMITATIONS & RISKS ASSOCIATED WITH THE BLACK MASTERBATCH MARKET 46
3 EXECUTIVE SUMMARY 47
FIGURE 5 AUTOMOTIVE TO BE LARGEST END-USE INDUSTRY OF BLACK MASTERBATCH DURING THE FORECAST PERIOD 48
FIGURE 6 APAC ACCOUNTED FOR LARGEST SHARE IN THE BLACK MASTERBATCH MARKET IN 2020 49
4 PREMIUM INSIGHTS 50
4.1 ATTRACTIVE OPPORTUNITIES IN THE BLACK MASTERBATCH MARKET 50
FIGURE 7 INCREASING DEMAND FROM AUTOMOTIVE INDUSTRY TO DRIVE THE MARKET DURING THE FORECAST PERIOD 50
4.2 BLACK MASTERBATCH MARKET, BY END-USE INDUSTRY 50
FIGURE 8 PACKAGING TO BE FASTEST-GROWING CONSUMER OF BLACK MASTERBATCH DURING THE FORECAST PERIOD 50
4.3 APAC BLACK MASTERBATCH MARKET, BY END-USE INDUSTRY AND COUNTRY 51
FIGURE 9 CHINA LED THE APAC BLACK MASTERBATCH MARKET IN 2020 51
4.4 BLACK MASTERBATCH MARKET, BY END-USE INDUSTRY VS COUNTRY 51
FIGURE 10 AUTOMOTIVE WAS LARGEST END-USE INDUSTRY OF BLACK MASTERBATCH MARKET IN MOST REGIONS 51
4.5 BLACK MASTERBATCH MARKET, BY REGION 52
FIGURE 11 APAC TO BE LARGEST BLACK MASTERBATCH MARKET 52
4.6 BLACK MASTERBATCH MARKET, BY KEY COUNTRIES 52
FIGURE 12 INDIA TO REGISTER HIGHEST CAGR IN THE BLACK MASTERBATCH MARKET 52
5 MARKET OVERVIEW 53
5.1 INTRODUCTION 53
5.2 MARKET DYNAMICS 53
FIGURE 13 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN THE BLACK MASTERBATCH MARKET 53
5.2.1 DRIVERS 54
5.2.1.1 Replacement of metals with plastics in automotive applications 54
5.2.1.2 Widely preferred coloring method 54
5.2.2 RESTRAINTS 54
5.2.2.1 Availability of low quality and cheaper products 54
5.2.2.2 Extra storage space, longer lead time, and exposure to heat 55
5.2.3 OPPORTUNITIES 55
5.2.3.1 Growth in emerging economies 55
5.2.3.2 Growing demand for carbon black masterbatches in black polyester fibers 55
5.2.4 CHALLENGES 55
5.2.4.1 Non-biodegradability of plastics 55
5.2.4.2 Challenges due to COVID-19 impact 56
5.3 TECHNOLOGY ANALYSIS 56
?
5.4 PORTER’S FIVE FORCES ANALYSIS 57
FIGURE 14 BLACK MASTERBATCH MARKET: PORTER’S FIVE FORCES ANALYSIS 57
5.4.1 THREAT OF SUBSTITUTES 57
5.4.2 THREAT OF NEW ENTRANTS 58
5.4.3 BARGAINING POWER OF SUPPLIERS 58
5.4.4 BARGAINING POWER OF BUYERS 58
5.4.5 INTENSITY OF COMPETITIVE RIVALRY 59
TABLE 1 BLACK MASTERBATCH MARKET: PORTER’S FIVE FORCES ANALYSIS 59
5.5 MACROECONOMIC INDICATORS 59
5.5.1 GDP TRENDS AND FORECAST OF MAJOR ECONOMIES 60
TABLE 2 TRENDS AND FORECAST OF REAL GDP OF MAJOR ECONOMIES, ANNUAL PERCENTAGE CHANGE, 2019–2025 60
5.6 COVID-19 IMPACT 61
5.6.1 INTRODUCTION 61
5.6.2 COVID-19 HEALTH ASSESSMENT 61
FIGURE 15 COUNTRY-WISE SPREAD OF COVID-19 62
5.6.3 COVID-19 ECONOMIC ASSESSMENT 63
FIGURE 16 REVISED GDP FORECASTS FOR SELECT G20 COUNTRIES IN 2021 63
5.6.3.1 COVID-19 Impact on the Economy?Scenario Assessment 64
FIGURE 17 FACTORS IMPACTING THE GLOBAL ECONOMY 64
FIGURE 18 SCENARIOS OF COVID-19 IMPACT 65
5.7 IMPACT OF COVID-19: CUSTOMER ANALYSIS 66
5.8 SUPPLY CHAIN ANALYSIS 67
FIGURE 19 BLACK MASTERBATCH: SUPPLY CHAIN 67
5.8.1 RAW MATERIALS 67
5.8.2 FORMULATION 67
5.8.3 COMPOUNDING 67
5.8.4 END-USE INDUSTRIES 68
TABLE 3 BLACK MASTERBATCH MARKET: SUPPLY CHAIN 68
5.9 BLACK MASTERBATCH MARKET: REALISTIC, PESSIMISTIC, OPTIMISTIC, AND NON-COVID-19 SCENARIO 69
FIGURE 20 MARKET SIZE UNDER REALISTIC, PESSIMISTIC, OPTIMISTIC, AND NON-COVID-19 SCENARIO 69
5.9.1 NON-COVID-19 SCENARIO 70
5.9.2 OPTIMISTIC SCENARIO 70
5.9.3 PESSIMISTIC SCENARIO 70
5.9.4 REALISTIC SCENARIO 70
5.10 SHIFT IN REVENUE STREAMS DUE TO MEGATRENDS IN END-USE INDUSTRIES 70
FIGURE 21 BLACK MASTERBATCH MARKET: CHANGING REVENUE MIX 70
5.11 CONNECTED MARKETS: ECOSYSTEM 71
FIGURE 22 BLACK MASTERBATCH MARKET: ECOSYSTEM 71
5.12 CASE STUDIES 71
?
5.13 TRADE DATA STATISTICS 72
FIGURE 23 BLACK MASTERBATCH IMPORT, BY KEY COUNTRIES (2012-2019) 72
FIGURE 24 BLACK MASTERBATCH EXPORT, BY KEY COUNTRIES (2012-2019) 72
TABLE 4 IMPORT OF BLACK MASTERBATCH, BY REGION, 2012-2019 (USD MILLION) 73
TABLE 5 EXPORT OF BLACK MASTERBATCH, BY REGION, 2012-2019 (USD MILLION) 73
5.14 AVERAGE SELLING PRICE 73
TABLE 6 AVERAGE SELLING PRICES OF BLACK MASTERBATCH, BY REGION (USD 000’/UNIT) 73
5.15 REGULATORY LANDSCAPE 74
5.15.1 REGULATIONS RELATED TO BLACK MASTERBATCH 74
5.16 PATENT ANALYSIS 75
5.16.1 APPROACH 75
5.16.2 DOCUMENT TYPE 76
FIGURE 25 PATENTS REGISTERED FOR BLACK MASTERBATCH, 2011–2020 76
FIGURE 26 PATENTS PUBLICATION TRENDS FOR BLACK MASTERBATCH, 2011–2020 76
5.16.3 JURISDICTION ANALYSIS 77
FIGURE 27 MAXIMUM PATENTS FILED BY COMPANIES IN US 77
5.16.4 TOP APPLICANTS 77
FIGURE 28 TOYO TIRE & RUBBER CO. REGISTERED MAXIMUM NUMBER OF PATENTS BETWEEN 2011 AND 2020 77
6 BLACK MASTERBATCH MARKET, BY END-USE INDUSTRY 81
6.1 INTRODUCTION 82
FIGURE 29 AUTOMOTIVE TO BE LARGEST END USER OF BLACK MASTERBATCH DURING THE FORECAST PERIOD 82
TABLE 7 BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY,
2017–2019 (USD MILLION) 82
TABLE 8 BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY,
2020–2026 (USD MILLION) 83
TABLE 9 BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY,
2017–2019 (KILOTON) 83
TABLE 10 BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY,
2020–2026 (KILOTON) 84
6.2 AUTOMOTIVE 84
6.2.1 GROWING USE OF PLASTIC PARTS IN AUTOMOTIVE MANUFACTURING
IS INCREASING THE DEMAND 84
6.2.2 EXTERIOR 84
6.2.3 INTERIOR 84
FIGURE 30 EUROPE TO BE SECOND-LARGEST BLACK MASTERBATCH MARKET IN AUTOMOTIVE INDUSTRY 85
TABLE 11 BLACK MASTERBATCH MARKET SIZE IN AUTOMOTIVE, BY REGION,
2017–2019 (USD MILLION) 85
TABLE 12 BLACK MASTERBATCH MARKET SIZE IN AUTOMOTIVE, BY REGION,
2020-2026 (USD MILLION) 85
TABLE 13 BLACK MASTERBATCH MARKET SIZE IN AUTOMOTIVE, BY REGION,
2017–2019 (KILOTON) 86
TABLE 14 BLACK MASTERBATCHMARKET SIZE IN AUTOMOTIVE, BY REGION,
2020-2026 (KILOTON) 86
6.3 PACKAGING 86
6.3.1 GROWING FOCUS ON RETAINING AROMA AND PROVIDING BARRIER AGAINST MOISTURE 86
FIGURE 31 APAC TO BE LARGEST BLACK MASTERBATCH MARKET IN PACKAGING INDUSTRY 87
6.3.2 RIGID PACKAGING 87
6.3.3 FLEXIBLE PACKAGING 87
TABLE 15 BLACK MASTERBATCH MARKET SIZE IN PACKAGING, BY REGION,
2017–2019 (USD MILLION) 87
TABLE 16 BLACK MASTERBATCH MARKET SIZE IN PACKAGING, BY REGION,
2020-2026 (USD MILLION) 88
TABLE 17 BLACK MASTERBATCH MARKET SIZE IN PACKAGING, BY REGION,
2017–2019 (KILOTON) 88
TABLE 18 BLACK MASTERBATCH MARKET SIZE IN PACKAGING, BY REGION,
2020-2026 (KILOTON) 88
6.4 INFRASTRUCTURE 89
6.4.1 INCREASING DEMAND FOR BLACK MASTERBATCH TO IMPROVE PRODUCT DURABILITY AND CONSISTENCY 89
6.4.2 PIPES & FITTINGS 89
6.4.3 DOORS & WINDOWS 89
6.4.4 FENCES & FENESTRATIONS 89
6.4.5 SIDING 89
FIGURE 32 APAC TO BE FASTEST-GROWING BLACK MASTERBATCH MARKET IN INFRASTRUCTURE INDUSTRY 89
TABLE 19 BLACK MASTERBATCH MARKET SIZE IN INFRASTRUCTURE, BY REGION, 2017–2019 (USD MILLION) 90
TABLE 20 BLACK MASTERBATCH MARKET SIZE IN INFRASTRUCTURE, BY REGION, 2020-2026 (USD MILLION) 90
TABLE 21 BLACK MASTERBATCH MARKET SIZE IN INFRASTRUCTURE, BY REGION, 2017–2019 (KILOTON) 91
TABLE 22 BLACK MASTERBATCH MARKET SIZE IN INFRASTRUCTURE, BY REGION, 2020-2026 (KILOTON) 91
6.5 ELECTRICAL & ELECTRONICS 91
6.5.1 INCREASING DEMAND DUE TO GROWING ELECTRONIC INDUSTRY 91
FIGURE 33 APAC TO BE LARGEST BLACK MASTERBATCH MARKET IN ELECTRICAL
& ELECTRONICS INDUSTRY 92
TABLE 23 BLACK MASTERBATCH MARKET SIZE IN ELECTRICAL & ELECTRONICS,
BY REGION, 2017–2019 (USD MILLION) 92
TABLE 24 BLACK MASTERBATCH MARKET SIZE IN ELECTRICAL & ELECTRONICS,
BY REGION, 2020–2026 (USD MILLION) 92
TABLE 25 BLACK MASTERBATCH MARKET SIZE IN ELECTRICAL & ELECTRONICS,
BY REGION, 2017–2019 (KILOTON) 93
TABLE 26 BLACK MASTERBATCH MARKET SIZE IN ELECTRICAL & ELECTRONICS,
BY REGION, 2020–2026 (KILOTON) 93
?
6.6 CONSUMER GOODS 93
6.6.1 INCREASING DEMAND FOR THERMOPLASTIC MATERIALS IN FOOTWEAR 93
6.6.2 FURNITURE 93
6.6.3 FOOTWEAR 94
FIGURE 34 APAC TO BE LARGEST BLACK MASTERBATCH MARKET IN CONSUMER GOODS INDUSTRY 94
TABLE 27 BLACK MASTERBATCH MARKET SIZE IN CONSUMER GOODS, BY REGION, 2017–2019 (USD MILLION) 94
TABLE 28 BLACK MASTERBATCH MARKET SIZE IN CONSUMER GOODS, BY REGION, 2020-2026 (USD MILLION) 94
TABLE 29 BLACK MASTERBATCH MARKET SIZE IN CONSUMER GOODS, BY REGION, 2017–2019 (KILOTON) 95
TABLE 30 BLACK MASTERBATCH MARKET SIZE IN CONSUMER GOODS, BY REGION, 2020-2026 (KILOTON) 95
6.7 AGRICULTURE 96
6.7.1 TECHNOLOGICAL ADVANCEMENTS IN AGRICULTURE INDUSTRY FUELING THE DEMAND 96
FIGURE 35 APAC TO BE LARGEST BLACK MASTERBATCH MARKET IN AGRICULTURE END-USE INDUSTRY 96
TABLE 31 BLACK MASTERBATCH MARKET SIZE IN AGRICULTURE, BY REGION,
2017–2019 (USD MILLION) 96
TABLE 32 BLACK MASTERBATCH MARKET SIZE IN AGRICULTURE, BY REGION,
2020-2026 (USD MILLION) 97
TABLE 33 BLACK MASTERBATCH MARKET SIZE IN AGRICULTURE, BY REGION,
2017–2019 (KILOTON) 97
TABLE 34 BLACK MASTERBATCH MARKET SIZE IN AGRICULTURE, BY REGION,
2020-2026 (KILOTON) 97
6.8 FIBERS 98
6.8.1 GROWING DEMAND FOR BLACK MASTERBATCH IN TEXTILES 98
FIGURE 36 NORTH AMERICA TO BE THIRD-LARGEST BLACK MASTERBATCH MARKET
IN FIBERS SEGMENT 98
TABLE 35 BLACK MASTERBATCH MARKET SIZE IN FIBERS BY REGION,
2017–2019 (USD MILLION) 98
TABLE 36 BLACK MASTERBATCH MARKET SIZE IN FIBERS, BY REGION,
2020-2026 (USD MILLION) 99
TABLE 37 BLACK MASTERBATCH MARKET SIZE IN FIBERS, BY REGION,
2017–2019 (KILOTON) 99
TABLE 38 BLACK MASTERBATCH MARKET SIZE IN FIBERS, BY REGION,
2020-2026 (KILOTON) 99
6.9 OTHERS 100
FIGURE 37 EUROPE TO BE SECOND-LARGEST BLACK MASTERBATCH MARKET IN OTHER END-USE INDUSTRIES 100
TABLE 39 BLACK MASTERBATCH MARKET SIZE IN OTHER END-USE INDUSTRIES,
BY REGION, 2017–2019 (USD MILLION) 100
TABLE 40 BLACK MASTERBATCH MARKET SIZE IN OTHER END-USE INDUSTRIES,
BY REGION, 2020-2026 (USD MILLION) 101
?
TABLE 41 BLACK MASTERBATCH MARKET SIZE IN OTHER END-USE INDUSTRIES,
BY REGION, 2017–2019 (KILOTON) 101
TABLE 42 BLACK MASTERBATCH MARKET SIZE IN OTHER END-USE INDUSTRIES,
BY REGION, 2020-2026 (KILOTON) 101
7 BLACK MASTERBATCH MARKET, BY REGION 102
7.1 INTRODUCTION 103
FIGURE 38 APAC TO REGISTER HIGHEST CAGR IN BLACK MASTERBATCH MARKET DURING THE FORECAST PERIOD 103
TABLE 43 BLACK MASTERBATCH MARKET SIZE, BY REGION,
2017–2019 (USD MILLION) 103
TABLE 44 BLACK MASTERBATCH MARKET SIZE, BY REGION,
2020-2026 (USD MILLION) 104
TABLE 45 BLACK MASTERBATCH MARKET SIZE, BY REGION, 2017–2019 (KILOTON) 104
TABLE 46 BLACK MASTERBATCH MARKET SIZE, BY REGION, 2020-2026 (KILOTON) 104
7.2 IMPACT OF COVID-19 ON BLACK MASTERBATCH MARKET, BY REGION 105
7.3 APAC 105
FIGURE 39 APAC: BLACK MASTERBATCH MARKET SNAPSHOT 106
7.3.1 APAC BLACK MASTERBATCH MARKET, BY END-USE INDUSTRY 106
TABLE 47 APAC: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY,
2017–2019 (USD MILLION) 106
TABLE 48 APAC: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY,
2020–2026 (USD MILLION) 107
TABLE 49 APAC: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY,
2017–2019 (KILOTON) 107
TABLE 50 APAC: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY,
2020–2026 (KILOTON) 108
7.3.2 APAC BLACK MASTERBATCH MARKET, BY COUNTRY 108
TABLE 51 APAC: BLACK MASTERBATCH MARKET SIZE, BY COUNTRY,
2017–2019 (USD MILLION) 108
TABLE 52 APAC: BLACK MASTERBATCH MARKET SIZE, BY COUNTRY,
2020–2026 (USD MILLION) 109
TABLE 53 APAC: BLACK MASTERBATCH MARKET SIZE, BY COUNTRY,
2017–2019 (KILOTON) 109
TABLE 54 APAC: BLACK MASTERBATCH MARKET SIZE, BY COUNTRY,
2020–2026 (KILOTON) 110
7.3.2.1 China 110
7.3.2.1.1 Presence of major manufacturing industries increasing
the demand 110
TABLE 55 CHINA: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY,
2017–2019 (USD MILLION) 110
TABLE 56 CHINA: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY,
2020–2026 (USD MILLION) 111
TABLE 57 CHINA: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY,
2017–2019 (KILOTON) 111
TABLE 58 CHINA: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY,
2020–2026 (KILOTON) 112
?
7.3.2.2 Japan 112
7.3.2.2.1 Increasing demand for plastic parts fueling the demand 112
TABLE 59 JAPAN: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY,
2017–2019 (USD MILLION) 112
TABLE 60 JAPAN: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY,
2020–2026 (USD MILLION) 113
TABLE 61 JAPAN: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY,
2017–2019 (KILOTON) 113
TABLE 62 JAPAN: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY,
2020–2026 (KILOTON) 114
7.3.2.3 India 114
7.3.2.3.1 Growing packaging industries to generate demand for masterbatch 114
TABLE 63 INDIA: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY,
2017–2019 (USD MILLION) 114
TABLE 64 INDIA: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY,
2020–2026 (USD MILLION) 115
TABLE 65 INDIA: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY,
2017–2019 (KILOTON) 115
TABLE 66 INDIA: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY,
2020–2026 (KILOTON) 116
7.3.2.4 South Korea 116
7.3.2.4.1 Growing consumption of plastics to drive the demand for masterbatch 116
TABLE 67 SOUTH KOREA: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY, 2017–2019 (USD MILLION) 116
TABLE 68 SOUTH KOREA: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY, 2020–2026 (USD MILLION) 117
TABLE 69 SOUTH KOREA: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY, 2017–2019 (KILOTON) 117
TABLE 70 SOUTH KOREA: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY, 2020–2026 (KILOTON) 118
7.3.2.5 Thailand 118
7.3.2.5.1 Presence of large plastics manufacturing industry fueling market growth 118
TABLE 71 THAILAND: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY, 2017–2019 (USD MILLION) 118
TABLE 72 THAILAND: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY, 2020–2026 (USD MILLION) 119
TABLE 73 THAILAND: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY, 2017–2019 (KILOTON) 119
TABLE 74 THAILAND: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY, 2020–2026 (KILOTON) 120
7.4 EUROPE 121
FIGURE 40 EUROPE: BLACK MASTERBATCH MARKET SNAPSHOT 121
7.4.1 EUROPE BLACK MASTERBATCH MARKET, BY END-USE INDUSTRY 122
TABLE 75 EUROPE: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY, 2017–2019 (USD MILLION) 122
TABLE 76 EUROPE: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY, 2020–2026 (USD MILLION) 122
TABLE 77 EUROPE: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY, 2017–2019 (KILOTON) 123
TABLE 78 EUROPE: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY, 2020–2026 (KILOTON) 123
7.4.2 EUROPE BLACK MASTERBATCH MARKET, BY COUNTRY 124
TABLE 79 EUROPE: BLACK MASTERBATCH MARKET SIZE, BY COUNTRY,
2017–2019 (USD MILLION) 124
TABLE 80 EUROPE: BLACK MASTERBATCH MARKET SIZE, BY COUNTRY,
2020–2026 (USD MILLION) 124
TABLE 81 EUROPE: BLACK MASTERBATCH MARKET SIZE, BY COUNTRY,
2017–2019 (KILOTON) 125
TABLE 82 EUROPE: BLACK MASTERBATCH MARKET SIZE, BY COUNTRY,
2020–2026 (KILOTON) 125
7.4.2.1 Germany 125
7.4.2.1.1 Increase in automotive production bringing opportunities for black masterbatch manufacturers 125
TABLE 83 GERMANY: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY, 2017–2019 (USD MILLION) 126
TABLE 84 GERMANY: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY, 2020–2026 (USD MILLION) 126
TABLE 85 GERMANY: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY, 2017–2019 (KILOTON) 127
TABLE 86 GERMANY: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY, 2020–2026 (KILOTON) 127
7.4.2.2 UK 127
7.4.2.2.1 Stringent government regulations and slow economic growth resulting in low demand 127
TABLE 87 UK: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY,
2017–2019 (USD MILLION) 128
TABLE 88 UK: BLACK MASTERBATCHMARKET SIZE, BY END-USE INDUSTRY,
2020–2026 (USD MILLION) 128
TABLE 89 UK: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY,
2017–2019 (KILOTON) 129
TABLE 90 UK: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY,
2020–2026 (KILOTON) 129
7.4.2.3 France 129
7.4.2.3.1 Presence of large automotive manufacturing companies supporting market growth 129
TABLE 91 FRANCE: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY, 2017–2019 (USD MILLION) 130
TABLE 92 FRANCE: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY, 2020–2026 (USD MILLION) 130
TABLE 93 FRANCE: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY, 2017–2019 (KILOTON) 131
TABLE 94 FRANCE: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY, 2020–2026 (KILOTON) 131
?
7.4.2.4 Russia 131
7.4.2.4.1 Growth in demand for packaging in food & beverage industry 131
TABLE 95 RUSSIA: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY, 2017–2019 (USD MILLION) 132
TABLE 96 RUSSIA: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY, 2020–2026 (USD MILLION) 132
TABLE 97 RUSSIA: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY, 2017–2019 (KILOTON) 133
TABLE 98 RUSSIA: BLACK MASTERBATCHMARKET SIZE, BY END-USE INDUSTRY, 2020–2026 (KILOTON) 133
7.4.2.5 Spain 133
7.4.2.5.1 Increasing demand for thermoplastics in automotive applications 133
TABLE 99 SPAIN: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY,
2017–2019 (USD MILLION) 134
TABLE 100 SPAIN: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY,
2020–2026 (USD MILLION) 134
TABLE 101 SPAIN: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY,
2017–2019 (KILOTON) 135
TABLE 102 SPAIN: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY,
2020–2026 (KILOTON) 135
7.5 NORTH AMERICA 136
FIGURE 41 NORTH AMERICA: BLACK MASTERBATCH MARKET SNAPSHOT 136
7.5.1 NORTH AMERICA BLACK MASTERBATCH MARKET, BY END-USE INDUSTRY 137
TABLE 103 NORTH AMERICA: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY, 2017–2019 (USD MILLION) 137
TABLE 104 NORTH AMERICA: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY, 2020–2026 (USD MILLION) 137
TABLE 105 NORTH AMERICA: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY, 2017–2019 (KILOTON) 138
TABLE 106 NORTH AMERICA: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY, 2020–2026 (KILOTON) 138
7.5.2 NORTH AMERICA BLACK MASTERBATCH MARKET, BY COUNTRY 139
TABLE 107 NORTH AMERICA: BLACK MASTERBATCH MARKET SIZE, BY COUNTRY,
2017–2019 (USD MILLION) 139
TABLE 108 NORTH AMERICA: BLACK MASTERBATCH MARKET SIZE, BY COUNTRY,
2020–2026 (USD MILLION) 139
TABLE 109 NORTH AMERICA: BLACK MASTERBATCH MARKET SIZE, BY COUNTRY,
2017–2019 (KILOTON) 139
TABLE 110 NORTH AMERICA: BLACK MASTERBATCH MARKET SIZE, BY COUNTRY,
2020–2026 (KILOTON) 140
7.5.2.1 US 140
7.5.2.1.1 Presence of established players driving the black masterbatch market 140
TABLE 111 US: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY,
2017–2019 (USD MILLION) 140
TABLE 112 US: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY,
2020–2026 (USD MILLION) 141
TABLE 113 US: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY,
2017–2019 (KILOTON) 141
TABLE 114 US: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY,
2020–2026 (KILOTON) 142
7.5.2.2 Mexico 142
7.5.2.2.1 Increasing manufacturing activities driving the black masterbatch market 142
TABLE 115 MEXICO: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY, 2017–2019 (USD MILLION) 143
TABLE 116 MEXICO: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY, 2020–2026 (USD MILLION) 143
TABLE 117 MEXICO: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY, 2017–2019 (KILOTON) 144
TABLE 118 MEXICO: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY, 2020–2026 (KILOTON) 144
7.5.2.3 Canada 144
7.5.2.3.1 Anticipated growth in automotive industry to drive the market 144
TABLE 119 CANADA: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY, 2017–2019 (USD MILLION) 145
TABLE 120 CANADA: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY, 2020–2026 (USD MILLION) 145
TABLE 121 CANADA: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY, 2017–2019 (KILOTON) 146
TABLE 122 CANADA: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY, 2020–2026 (KILOTON) 146
7.6 MIDDLE EAST & AFRICA 146
7.6.1 MIDDLE EAST & AFRICA BLACK MASTERBATCH MARKET, BY END-USE INDUSTRY 147
TABLE 123 MIDDLE EAST & AFRICA: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY, 2017–2019 (USD MILLION) 147
TABLE 124 MIDDLE EAST & AFRICA: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY, 2020–2026 (USD MILLION) 147
TABLE 125 MIDDLE EAST & AFRICA: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY, 2017–2019 (KILOTON) 148
TABLE 126 MIDDLE EAST & AFRICA: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY, 2020–2026 (KILOTON) 148
7.6.2 MIDDLE EAST & AFRICA BLACK MASTERBATCH MARKET, BY COUNTRY 149
TABLE 127 MIDDLE EAST & AFRICA: BLACK MASTERBATCH MARKET SIZE, BY COUNTRY, 2017–2019 (USD MILLION) 149
TABLE 128 MIDDLE EAST & AFRICA: BLACK MASTERBATCH MARKET SIZE, BY COUNTRY, 2020–2026 (USD MILLION) 149
TABLE 129 MIDDLE EAST & AFRICA: BLACK MASTERBATCH MARKET SIZE, BY COUNTRY, 2017–2019 (KILOTON) 150
TABLE 130 MIDDLE EAST & AFRICA: BLACK MASTERBATCH MARKET SIZE, BY COUNTRY, 2020–2026 (KILOTON) 150
?
7.6.2.1 Iran 150
7.6.2.1.1 Growth of industrial sector to impact the market 150
TABLE 131 IRAN: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY,
2017–2019 (USD MILLION) 151
TABLE 132 IRAN: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY,
2020–2026 (USD MILLION) 151
TABLE 133 IRAN: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY,
2017–2019 (KILOTON) 152
TABLE 134 IRAN: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY,
2020–2026 (KILOTON) 152
7.6.2.2 South Africa 152
7.6.2.2.1 Increasing demand from the automotive industry 152
TABLE 135 SOUTH AFRICA: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY, 2017–2019 (USD MILLION) 153
TABLE 136 SOUTH AFRICA: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY, 2020–2026 (USD MILLION) 153
TABLE 137 SOUTH AFRICA: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY, 2017–2019 (KILOTON) 154
TABLE 138 SOUTH AFRICA: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY, 2020–2026 (KILOTON) 154
7.6.2.3 Turkey 154
7.6.2.3.1 Rising demand for plastics in the infrastructure industry 154
TABLE 139 TURKEY: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY, 2017–2019 (USD MILLION) 155
TABLE 140 TURKEY: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY, 2020–2026 (USD MILLION) 155
TABLE 141 TURKEY: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY, 2017–2019 (KILOTON) 156
TABLE 142 TURKEY: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY, 2020–2026 (KILOTON) 156
7.7 SOUTH AMERICA 157
7.7.1 SOUTH AMERICA BLACK MASTERBATCH MARKET, BY END-USE INDUSTRY 157
TABLE 143 SOUTH AMERICA: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY, 2017–2019 (USD MILLION) 157
TABLE 144 SOUTH AMERICA: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY, 2020–2026 (USD MILLION) 157
TABLE 145 SOUTH AMERICA: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY, 2017–2019 (KILOTON) 158
TABLE 146 SOUTH AMERICA: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY, 2020–2026 (KILOTON) 158
7.7.2 SOUTH AMERICA BLACK MASTERBATCH MARKET, BY COUNTRY 159
TABLE 147 SOUTH AMERICA: BLACK MASTERBATCH MARKET SIZE, BY COUNTRY,
2017–2019 (USD MILLION) 159
TABLE 148 SOUTH AMERICA: BLACK MASTERBATCH MARKET SIZE, BY COUNTRY,
2020–2026 (USD MILLION) 159
TABLE 149 SOUTH AMERICA: BLACK MASTERBATCH MARKET SIZE, BY COUNTRY,
2017–2019 (KILOTON) 159
TABLE 150 SOUTH AMERICA: BLACK MASTERBATCH MARKET SIZE, BY COUNTRY,
2020–2026 (KILOTON) 160
7.7.2.1 Brazil 160
7.7.2.1.1 Growing population and increase in consumer spending to support market growth 160
TABLE 151 BRAZIL: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY, 2017–2019 (USD MILLION) 160
TABLE 152 BRAZIL: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY, 2020–2026 (USD MILLION) 161
TABLE 153 BRAZIL: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY, 2017–2019 (KILOTON) 161
TABLE 154 BRAZIL: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY, 2020–2026 (KILOTON) 162
7.7.2.2 Argentina 162
7.7.2.2.1 Argentina witnessing rising per capita consumption
of plastics 162
TABLE 155 ARGENTINA: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY, 2017–2019 (USD MILLION) 162
TABLE 156 ARGENTINA: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY, 2020–2026 (USD MILLION) 163
TABLE 157 ARGENTINA: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY, 2017–2019 (KILOTON) 163
TABLE 158 ARGENTINA: BLACK MASTERBATCH MARKET SIZE, BY END-USE INDUSTRY, 2020–2026 (KILOTON) 164
8 COMPETITIVE LANDSCAPE 165
8.1 INTRODUCTION 165
8.2 MARKET EVALUATION FRAMEWORK 165
FIGURE 42 BLACK MASTERBATCH MARKET EVALUATION FRAMEWORK, 2016-2020 165
8.3 RANKING OF KEY MARKET PLAYERS, 2020 166
FIGURE 43 RANKING OF TOP FOUR PLAYERS IN THE BLACK MASTERBATCH
MARKET, 2020 166
8.4 MARKET SHARE OF KEY PLAYERS, 2020 166
TABLE 159 BLACK MASTERBATCH MARKET: DEGREE OF COMPETITION 166
FIGURE 44 AVIENT CORPORATION IS LEADING PLAYER IN BLACK MASTERBATCH MARKET 167
8.4.1 AVIENT CORPORATION 167
8.4.2 AMPACET CORPORATION 167
8.4.3 LYONDELLBASELL 167
8.4.4 CABOT CORPORATION 168
8.5 COMPANY PRODUCT FOOTPRINT ANALYSIS 168
TABLE 160 BLACK MASTERBATCH MARKET: COMPANY PRODUCT FOOTPRINT 168
TABLE 161 BLACK MASTERBATCH MARKET: END-USE INDUSTRY FOOTPRINT 169
TABLE 162 BLACK MASTERBATCH MARKET: COMPANY REGION FOOTPRINT 170
?
8.6 COMPANY EVALUATION MATRIX (TIER 1) 171
8.6.1 STARS 171
8.6.2 EMERGING LEADERS 171
FIGURE 45 COMPANY EVALUATION MATRIX FOR BLACK MASTERBATCH MARKET (TIER 1) 171<