Special Effect Masterbatches Market Report
RA00023
Special Effect Masterbatches Market by Effect Type (appearance effects (metallic, edge glow, pearlescent, transparent, sparkle mist, iridescent, fluorescent), material effects and functional effects), Application (packaging (consumer care, food & beverage, industrial and others), hygiene & baby product, automotive, homecare & household products, consumer appliances, sports and leisure and other applications): Global Opportunity Analysis and Industry Forecast, 2019–2026
Update Available On-Demand
Special Effect Masterbatches Market Overview:
The global Special Effect Masterbatches market size was valued at $ 3,062.2 million in 2019 and is projected to reach $ 4,465.5 million by 2026, registering a CAGR of 5.5% from 2019 to 2026. Asia Pacific accounted for the highest share in 2019 and is anticipated to maintain its lead in the global Special Effect Masterbatches market throughout the forecast period.
Special effect compounds can increase consumer appeal, provide beneficial features, mimic other materials and add visual impact to your plastic products. Special effect masterbatches usually include unique pigments or fillers to achieve different visual effects such as metallic, pearlescent, sparkle mist, fluorescence, transparent, etc. These masterbatches are mixtures of special pigments and additives that are encapsulated and used in the manufacturing of plastic products. The raw polymer can be colored, and special effects can be added to the finished products with the help of special effect masterbatches. A variety of special effects can be given to the polymers with the help of special effect masterbatches, which will enhance the attractiveness of polymers or end-product.
Factors such as growing application of color masterbatches in the food packaging industry are driving the growth of Special Effect Masterbatches market. In addition, emerging growth in medical applications is anticipated boost the growth of the market. However, Fluctuating petro-chemical prices is influencing the cost of masterbatches and increasing challenge of finding the right supplier is expected to hinder the growth of the Special Effect Masterbatches market.
The global special effect masterbatches market is segmented on the basis of effect type, application and region. Based on effect type, the market is divided into appearance effects (metallic, edge glow, pearlescent, transparent, sparkle mist, iridescent, fluorescent), material effects and functional effects. Based on application, the market is divided into packaging (consumer care, food & beverage, industrial and others), hygiene & baby product, automotive, homecare & household products, consumer appliances, sports and leisure and other applications. Based on Region, the market is divided into North America, Latin America, Europe, Asia Pacific and Middle East & Africa. Packaging is expected to possess largest special effect masterbatches market share over the forecast period.
Key players including Gabriel-chemie AG, Clariant Ag, PolyIOne, RTP, Dk Polymers, Ampacet Corporation, Kandui Industries Pvt Ltd., Minocha Enterprises Pvt. Ltd., Broadway Colours, Frilvam S.P.A., Micro Poly Colours India and others holds major Special Effect Masterbatches market share.
Growing Application of Color Masterbatches in the Food Packaging Industry
Packaging that comes in contact with food must conform with all the national and international standards. This can be achieved through a broad range of color and additive products, which are sustainable and functional in usage, and at the same time entice the end users to buy the products. Special Effects Masterbatches can be found in food-related products, such as pre-packaged produce bags, frozen food packaging, snack and chip bags, meat wraps, etc. Polyethylene is a crucial carrier resin used in the color masterbatches manufacturing process. Polyethylene-related products are commonly used in a wide range of end-use applications, including general plastic films, packaging bags, medical packaging, greenhouse and tunnel films, mulch films and pipes.
Emerging Growth in Medical Applications
Special Effects Masterbatches materials are used for the development and manufacturing of medical devices. Due to their ease of processing, comparatively lightweight, non-ferrous properties, flexibility and superior biocompatibility, masterbatches have become an integral component in a wide range of medical devices, diagnostics and drug delivery systems, surgical instruments, orthopedic implants and orthopedics. New plastic formulations are regularly substituted for long-established materials in the medical industry.
Growing Demand for Color Masterbatches in the Food & Beverage Industry
Leading players in the food and beverage industry in North America are focusing on advanced and innovative product packaging - by high-end usage of numerous custom colored masterbatches - in order to gain consumer attention for their products. In addition, the high demand for special effects masterbatches in food packaging in the region is increasing with the advent of new packaging technologies such as UV resistant, antioxidant, antimicrobial and more attractive.
Fluctuating Petro-chemical Prices is Influencing the Cost of Masterbatches
Masterbatches cost higher than commodity plastics due to various processing and enhanced properties. Fluctuating petrochemical prices, a source of extraction of plastic, can hinder the growth of the masterbatches market during the forecast period. Fluctuating crude oil prices is directly impacting the costs of plastics, and also affecting their usage. Thus, increasing cost of plastics would lead to a rise in the prices of masterbatches, thereby hindering the growth of the market. Also, the high costs of virgin polymers used while manufacturing or processing engineering plastics impact the final cost of special effects masterbatches, thereby affecting the growth of the market.
Specialty Masterbatches in the Plastic and Fiber Segment
The growing demand for specialty masterbatches in the plastic industry for several products, such as extruded profiles, hoses, pipes, and belts is expected to drive the demand for masterbatches in the region. The growth of polymer in emerging countries of East Asia and South Asia is likely to continue as a significant driving factor for market growth over the forecast years. Thus, it leads to the high demand for specialty masterbatches in the plastic and fiber segment in East Asia and South Asia region.
Key Benefits for Special Effect Masterbatches Market:
- This study presents the analytical depiction of the global Special Effect Masterbatches market analysis along with the current trends and future estimations to depict the imminent investment pockets.
- The overall Special Effect Masterbatches market opportunity is determined by understanding the profitable trends to gain a stronger foothold.
- The report presents information related to the key drivers, restraints, and opportunities of the global Special Effect Masterbatches market with a detailed impact analysis.
- The current Special Effect Masterbatches market is quantitatively analyzed from 2019 to 2026 to benchmark the financial competency.
- Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.
Special Effect Masterbatches Key Market Segments:
By Effect Type
- Appearance Effects
- Metallic
- Edge Glow
- Pearlescent
- Transparent
- Sparkle Mist
- Iridescent
- Fluorescent
- Material Effects
- Functional Effects
By Application
- Packaging
- Consumer Care
- Food & Beverage
- Industrial
- Others
- Hygiene & Baby Product
- Automotive
- Homecare & Household products
- Consumer appliances
- Sports and Leisure
- Other Applications
By Region
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- Italy
- France
- Spain
- Russia
- BENELUX
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- ASEAN
- Australia & New Zealand
- Rest of Asia-Pacific
- Middle East & Africa
- GCC Countries
- Africas
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Rest of Latin America
1. Global Special Effect Masterbatches Market- Executive Summary
1.1. Market Overview
1.2. Opportunity Assessment
1.3. Megatrends
2. Global Special Effect Masterbatches Market- Introduction
2.1. Market Introduction and Definition
2.2. Global Special Effect Masterbatches Market- Research Scope
3. Global Special Effect Masterbatches Market- Associated Industry Assessment
3.1. Market Dynamics and its Impact
3.1.1. Key Market Drivers
3.1.2. Key Market Restraints
3.1.3. Key Market Opportunities
3.1.4. Key Market Trends
3.2. Global Masterbatches Market Overview
3.2.1. By Region
3.3. Masterbatch Types- Application Mapping
3.4. Value Chain Analysis
3.4.1. List of Raw Material Suppliers
3.5. Forecast Factors and its Relevance
3.6. Global Special Effect Masterbatches Market- Scenario Forecast
3.6.1. Likely Scenario
3.6.2. Conservative Scenario
3.6.3. Optimistic Scenario
3.7. Global Packaging Sector Outlook
3.8. Global Special Effect Masterbatches Market- Pricing Analysis
3.8.1. Regional Pricing Analysis by Application
4. Global Special Effect Masterbatches Market Analysis and Forecast
4.1. Global Special Effect Masterbatches Market Analysis and Forecast
4.1.1. Market Volume (Kilo Tons), Value (US$ Mn) Forecast and Analysis
4.1.2. Region Wise Demand Assessment
4.1.2.1. North America Market Value (US$ Mn) and Volume (Kilo Tons), 2019-2027
4.1.2.2. Latin America Market Value (US$ Mn) and Volume (Kilo Tons), 2019-2027
4.1.2.3. Europe Market Value (US$ Mn) and Volume (Kilo Tons), 2019-2027
4.1.2.4. Asia Pacific Market Value (US$ Mn) and Volume (Kilo Tons), 2019-2027
4.1.2.5. MEA Market Value (US$ Mn) and Volume (Kilo Tons), 2019-2027
4.2. Global Special Effect Masterbatches Market Analysis and Forecast, by Effect Type
4.2.1. Appearance Effects
4.2.1.1. Metallic
4.2.1.2. Edge Glow
4.2.1.3. Pearlescent
4.2.1.4. Transparent
4.2.1.5. Sparkle Mist
4.2.1.6. Iridescent
4.2.1.7. Fluorescent
4.2.2. Material Effects
4.2.3. Functional Effects
4.2.4. Market Share Analysis (%), by Effect Type
4.2.5. Market Y-o-Y Growth Analysis and forecast, by Effect Type
4.3. Global Special Effect Masterbatches Market Analysis and Forecast, by Application
4.3.1. Packaging
4.3.1.1. Consumer Care
4.3.1.2. Food & Beverage
4.3.1.3. Industrial
4.3.1.4. Others
4.3.2. Hygiene & Baby Product
4.3.3. Automotive
4.3.4. Homecare & Household products
4.3.5. Consumer appliances
4.3.6. Sports and Leisure
4.3.7. Other Applications
4.3.8. Market Share Analysis (%), by Application
4.3.9. Market Y-o-Y Growth Analysis and forecast, by Application
5. North America Special Effect Masterbatches Market Analysis and Forecast
5.1. North America Special Effect Masterbatches Market Analysis and Forecast
5.1.1. Market Volume (Kilo Tons), Value (US$ Mn) Forecast and Analysis
5.1.2. Country Wise Demand Assessment
5.1.2.1. US Market Value, Volume Share and Y-o-Y Analysis
5.1.2.2. Canada Market Value, Volume Share and Y-o-Y Analysis
5.2. North America Special Effect Masterbatches Market Analysis and Forecast, by Effect Type
5.3. North America Special Effect Masterbatches Market Analysis and Forecast, by Application
6. Latin America Special Effect Masterbatches Market Analysis and Forecast
6.1. Latin America Special Effect Masterbatches Market Analysis and Forecast
6.1.1. Market Volume (Kilo Tons), Value (US$ Mn) Forecast and Analysis
6.1.2. Country Wise Demand Assessment
6.1.2.1. Brazil Market Value, Volume Share and Y-o-Y Analysis
6.1.2.2. Mexico Market Value, Volume Share and Y-o-Y Analysis
6.1.2.3. Rest of Latin America Market Value, Volume Share and Y-o-Y Analysis
6.2. Latin America Special Effect Masterbatches Market Analysis and Forecast, by Effect Type
6.3. Latin America Special Effect Masterbatches Market Analysis and Forecast, by Application
7. Europe Special Effect Masterbatches Market Analysis and Forecast
7.1. Europe Special Effect Masterbatches Market Analysis and Forecast
7.1.1. Market Volume (Kilo Tons), Value (US$ Mn) Forecast and Analysis
7.1.2. Country Wise Demand Assessment
7.1.2.1. UK Market Value, Volume Share and Y-o-Y Analysis
7.1.2.2. Germany Market Value, Volume Share and Y-o-Y Analysis
7.1.2.3. Italy Market Value, Volume Share and Y-o-Y Analysis
7.1.2.4. Spain Market Value, Volume Share and Y-o-Y Analysis
7.1.2.5. Russia Market Value, Volume Share and Y-o-Y Analysis
7.1.2.6. France Market Value, Volume Share and Y-o-Y Analysis
7.1.2.7. BENELUX Market Value, Volume Share and Y-o-Y Analysis
7.1.2.8. Rest of Europe Market Value, Volume Share and Y-o-Y Analysis
7.2. Europe Special Effect Masterbatches Market Analysis and Forecast, by Effect Type
7.3. Europe Special Effect Masterbatches Market Analysis and Forecast, by Application
8. Asia Pacific Special Effect Masterbatches Market Analysis and Forecast
8.1. Asia Pacific Special Effect Masterbatches Market Analysis and Forecast
8.1.1. Market Volume (Kilo Tons), Value (US$ Mn) Forecast and Analysis
8.1.2. Country Wise Demand Assessment
8.1.2.1. China Market Value, Volume Share and Y-o-Y Analysis
8.1.2.2. India Market Value, Volume Share and Y-o-Y Analysis
8.1.2.3. Japan Market Value, Volume Share and Y-o-Y Analysis
8.1.2.4. South Korea Market Value, Volume Share and Y-o-Y Analysis
8.1.2.5. ASEAN Market Value, Volume Share and Y-o-Y Analysis
8.1.2.6. Australia & New Zealand Market Value, Volume Share and Y-o-Y Analysis
8.1.2.7. Rest of Asia Pacific Market Value, Volume Share and Y-o-Y Analysis
8.2. Asia Pacific Special Effect Masterbatches Market Analysis and Forecast, by Effect Type
8.3. Asia Pacific Special Effect Masterbatches Market Analysis and Forecast, by Application
9. Middle East & Africa Special Effect Masterbatches Market Analysis and Forecast
9.1. Middle East & Africa Special Effect Masterbatches Market Analysis and Forecast
9.1.1. Market Volume (Kilo Tons), Value (US$ Mn) Forecast and Analysis
9.1.2. Country Wise Demand Assessment
9.1.2.1. GCC Countries Market Value, Volume Share and Y-o-Y Analysis
9.1.2.2. Turkey Market Value, Volume Share and Y-o-Y Analysis
9.1.2.3. Africas Market Value, Volume Share and Y-o-Y Analysis
9.1.2.4. Rest of MEA Market Value, Volume Share and Y-o-Y Analysis
9.2. Middle East & Africa Special Effect Masterbatches Market Analysis and Forecast, by Effect Type
9.3. Middle East & Africa Special Effect Masterbatches Market Analysis and Forecast, by Application
10. Competitive Assessment and Company Profiles
10.1. Global Special Effect Masterbatches Market Concentration
10.2. Global Special Effect Masterbatches Market Structure
10.3. Global Special Effect Masterbatches Market- Company Share Analysis
10.4. Company Profiles
10.4.1. DK Polymers
10.4.1.1. Company Overview
10.4.1.2. Revenue by Segment
10.4.1.3. Key Strategies (if any)
10.4.1.4. SWOT Analysis
10.4.2. Clariant AG
10.4.2.1. Company Overview
10.4.2.2. Revenue by Segment
10.4.2.3. Key Strategies (if any)
10.4.2.4. SWOT Analysis
10.4.3. Gabriel-Chemie
10.4.3.1. Company Overview
10.4.3.2. Revenue by Segment
10.4.3.3. Key Strategies (if any)
10.4.3.4. SWOT Analysis
10.4.4. Polyone
10.4.4.1. Company Overview
10.4.4.2. Revenue by Segment
10.4.4.3. Key Strategies (if any)
10.4.4.4. SWOT Analysis
10.4.5. Ampacet Corporation
10.4.5.1. Company Overview
10.4.5.2. Revenue by Segment
10.4.5.3. Key Strategies (if any)
10.4.5.4. SWOT Analysis
10.4.6. RTP
10.4.6.1. Company Overview
10.4.6.2. Revenue by Segment
10.4.6.3. Key Strategies (if any)
10.4.6.4. SWOT Analysis
10.4.7. Minocha Enterprises Pvt. Ltd.
10.4.7.1. Company Overview
10.4.7.2. Revenue by Segment
10.4.7.3. Key Strategies (if any)
10.4.7.4. SWOT Analysis
10.4.8. FRILVAM S.P.A.
10.4.8.1. Company Overview
10.4.8.2. Revenue by Segment
10.4.8.3. Key Strategies (if any)
10.4.8.4. SWOT Analysis
10.4.9. Kandui Industries Pvt Ltd.
10.4.9.1. Company Overview
10.4.9.2. Revenue by Segment
10.4.9.3. Key Strategies (if any)
10.4.9.4. SWOT Analysis
10.4.10. Broadway Colours
10.4.10.1. Company Overview
10.4.10.2. Revenue by Segment
10.4.10.3. Key Strategies (if any)
10.4.10.4. SWOT Analysis
11. Disclaimer
The increasing demand for plastics with special effects, particularly from the packaging industry, is expected to drive the growth of the special effect masterbatches market during the forecast period. Special effect compounds can increase consumer appeal, provide beneficial features, mimic other materials and add visual impact to your plastic products. Special effect masterbatches usually include unique pigments or fillers to achieve different visual effects such as metallic, pearlescent, sparkle mist, fluorescence, transparent, etc.
Demand for e-commerce packaging is soaring, growing application of color masterbatches in the food packaging industry, and embracing color masterbatches in various end-use applications is expected to boost the growth of the special effect masterbatches market. Also, increasing applications of special effect masterbatches in food & beverage and packaging industry, is expected to fuel the demand of special effect masterbatches market throughout the forecast period. However, fluctuating petro-chemical prices influencing the cost of masterbatches and increasing challenge of finding the right supplier is expected to hamper the growth of brassylic acid market during the forecast period.
At present, consumption of special effect masterbatches in packaging is highest and is projected to remain same during the forecast period. However, Increasing consumer interest in product aesthetics and rising concerns towards the environment will result in a high demand and technological enhancement of special effects masterbatches in East Asia and Europe. The consumption of special effect masterbatches is highest in Asia Pacific owing to easy availability of raw material sources in Asia Pacific. Also, increasing their focus on technology improvement in compounding equipment and techniques for color and effects masterbatches in Asia Pacific is also expected to fuel the demand for special effect masterbatches market in Asia Pacific., Also, Price and cost of the product are closely related. Major factor is the cost of production. The product ultimately goes to end-use industry and their capacity to invest will fix the cost, or else the product would be fretted in the market.
Among the analyzed regions, currently, Asia-Pacific is the highest revenue contributor, and is expected to maintain the lead during the forecast period, followed by Europe, North America, Latin America and Middle East & Africa.
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