Europe Masterbatch Market Forecast to 2031 - Regional Analysis

List of Tables

The Europe masterbatch market was valued at US$ 2,032.04 million in 2023 and is expected to reach US$ 2,842.52 million by 2031; it is estimated to register a CAGR of 4.3% from 2023 to 2031.

Rising Demand for Black Masterbatches from End-Use Industries Drive Europe Masterbatch Market

Black masterbatch is a cost-effective and widely preferred option in the masterbatch market. It is mostly used in packaging applications for products such as films, bags, bottles, and containers. It provides opacity, UV protection, and aesthetic appeal. Black masterbatch is also suited for the production of hoses and geomembranes due to its properties such as UV and thermal protection. In the automotive industry, black masterbatch is used for interior and exterior components, including dashboards, door panels, trims, and bumpers. Automotive companies use black masterbatch in the production of external body panels, upholstery, and interior trims of luxury cars. According to L'Avere-France, 35,320 passenger plug-in electric cars were registered in the country in March 2023.

In the construction industry, masterbatch products are utilized for a variety of applications to enhance the performance, durability, and aesthetics of construction materials. Black masterbatch is used to add black color to plastic construction materials such as pipes, fittings, profiles, and roofing materials. Black masterbatch is widely used in the production of plastic pipes and fittings for plumbing and drainage systems. It provides UV resistance and color stability, ensuring durability of pipes.

Europe Masterbatch Market Overview

Europe marks the presence of several major packaging companies such as Tetra Laval International SA, Amcor plc, Berry Global Group Inc, Smurfit Kappa Group plc, DS Smith plc, Ardagh Group SA, and UPM-Kymmene Corp. Anti-slip additive masterbatch is used in film packaging to increase the coefficient of friction between films or sheets of polyethylene. Packaging manufacturers produce a broad range of packaging solutions such as plastic bottles, food wrap films, and recycled packaging. According to the Plastics Europe, in 2022, 39% of plastic was converted into plastic products and parts for packaging applications, whereas 23% of plastic was estimated to be used for building and construction applications in Europe.

According to the European Commission, the construction industry is one of the major industries in Europe, contributing ~9% to the region's GDP. As per the European Commission, in June 2023, the EU invested ~US$ 6 billion in the construction of sustainable, safe, and efficient transport infrastructure, including 107 transport infrastructure projects. As per the European Construction Industry Federation, the construction of nonresidential buildings such as schools, hotels, offices, and hospitals & industrial buildings accounted for 31.7% of total construction investments in Europe in 2022. However, the residential construction accounted for 20.6% of the total construction investments in Europe in 2022. Masterbatches are used in extending the lifespan of geomembranes in the building & construction industry. Moreover, color masterbatches are used in the manufacturing of pipes and conduits.

According to the International Trade Administration report published in 2022, increased investments in the automotive industry would create lucrative opportunities for businesses of automotive components and materials in Europe. According to the European Automobile Manufacturers' Association, the EU registered the production of more than 9 million cars in the first three quarters of 2023, a rise of 14% from the same quarter in 2022. Additive masterbatches enhance the performance of plastic components in the automobile industry, adding properties such as scratch resistance, chemical resistance, and anti-fogging. Therefore, developments in the packaging, construction, and automotive industries in Europe drive the demand for masterbatches.

Europe Masterbatch Market Revenue and Forecast to 2031 (US$ Million)

Europe Masterbatch Market Segmentation

The Europe masterbatch market is categorized into type, polymer, end use industry, and country.

Based on type, the Europe masterbatch market is divided into white, black, additives, color, filler, and others. The color segment held the largest Europe masterbatch market share in 2023.

In terms of polymer, the Europe masterbatch market is segmented into polyethylene, polypropylene, polyethylene terephthalate, polystyrene, and others. The others segment held the largest Europe masterbatch market share in 2023.

By end-use industry, the Europe masterbatch market is divided into building and construction, automotive, packaging, agriculture, electrical and electronics, and others. The building and construction segment held the largest Europe masterbatch market share in 2023.

By country, the Europe masterbatch market is categorized into Germany, France, the UK, Italy, Russia, Spain, Poland, Czech Republic, Denmark, and the Rest of Europe. Germany dominated the Europe masterbatch market share in 2023.

Avient Corp, Ampacet Corporation, Cabot Corp, LyondellBasell Industries NV, Plastika Kritis SA, Penn Color Inc, Americhem, FRILVAM SPA, Polyvel Inc, and Vanetti Spa are some of the leading companies operating in the Europe masterbatch market.

Product Code: BMIRE00030750

1. Introduction

1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
1.3 Limitations and Assumptions

2. Executive Summary

2.1 Key Insights
2.2 Market Attractiveness

3. Research Methodology

3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. Europe Masterbatch Market Landscape

4.1 Overview
4.2 Porter's Five Forces Analysis
- 4.2.1 Bargaining Power of Suppliers
- 4.2.2 Bargaining Power of Buyers
- 4.2.3 Threat of New Entrants
- 4.2.4 Intensity of Competitive Rivalry
- 4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
4.4 List of Vendors in the Value Chain

5. Europe Masterbatch Market - Key Market Dynamics

5.1 Market Drivers
- 5.1.1 Growing Demand for Plastic Packaging in Emerging Economies
- 5.1.2 Rising Demand for Black Masterbatches from End-Use Industries
5.2 Market Restraints
- 5.2.1 Fluctuations in Raw Material Prices
5.3 Market Opportunities
- 5.3.1 Strategic Initiatives by Key Market Players
5.4 Future Trends
- 5.4.1 Adoption of Biodegradable and Compostable Masterbatch
5.5 Impact of Drivers and Restraints:

6. Masterbatch Market - Europe Analysis

6.1 Europe Masterbatch Market Volume (Kilo Tons), 2021-2031
6.2 Europe Masterbatch Market Volume Forecast and Analysis (Kilo Tons)
6.3 Europe Masterbatch Market Revenue (US$ Million), 2021-2031
6.4 Europe Masterbatch Market Revenue Forecast and Analysis

7. Europe Masterbatch Market Volume and Revenue Analysis - by Type

7.1 White
- 7.1.1 Overview
- 7.1.2 White: Masterbatch Market - Volume and Forecast to 2031 (Kilo Tons)
- 7.1.3 White: Masterbatch Market - Revenue and Forecast to 2031 (US$ Million)
7.2 Black
- 7.2.1 Overview
- 7.2.2 Black: Masterbatch Market - Volume and Forecast to 2031 (Kilo Tons)
- 7.2.3 Black: Masterbatch Market - Revenue and Forecast to 2031 (US$ Million)
7.3 Additives
- 7.3.1 Overview
- 7.3.2 Additives: Masterbatch Market - Volume and Forecast to 2031 (Kilo Tons)
- 7.3.3 Additives: Masterbatch Market - Revenue and Forecast to 2031 (US$ Million)
7.4 Color
- 7.4.1 Overview
- 7.4.2 Color: Masterbatch Market - Volume and Forecast to 2031 (Kilo Tons)
- 7.4.3 Color: Masterbatch Market - Revenue and Forecast to 2031 (US$ Million)
7.5 Filler
- 7.5.1 Overview
- 7.5.2 Filler: Masterbatch Market - Volume and Forecast to 2031 (Kilo Tons)
- 7.5.3 Filler: Masterbatch Market - Revenue and Forecast to 2031 (US$ Million)
7.6 Others
- 7.6.1 Overview
- 7.6.2 Others: Masterbatch Market - Volume and Forecast to 2031 (Kilo Tons)
- 7.6.3 Others: Masterbatch Market - Revenue and Forecast to 2031 (US$ Million)

8. Europe Masterbatch Market Revenue Analysis - by Polymer

8.1 Polyethylene
- 8.1.1 Overview
- 8.1.2 Polyethylene: Masterbatch Market - Revenue and Forecast to 2031 (US$ Million)
8.2 Polypropylene
- 8.2.1 Overview
- 8.2.2 Polypropylene: Masterbatch Market - Revenue and Forecast to 2031 (US$ Million)
8.3 Polyethylene Terephthalate
- 8.3.1 Overview
- 8.3.2 Polyethylene Terephthalate: Masterbatch Market - Revenue and Forecast to 2031 (US$ Million)
8.4 Polystyrene
- 8.4.1 Overview
- 8.4.2 Polystyrene: Masterbatch Market - Revenue and Forecast to 2031 (US$ Million)
8.5 Others
- 8.5.1 Overview
- 8.5.2 Others: Masterbatch Market - Revenue and Forecast to 2031 (US$ Million)

9. Europe Masterbatch Market Revenue Analysis - by End-use Industry

9.1 Building and Construction
- 9.1.1 Overview
- 9.1.2 Building and Construction: Masterbatch Market - Revenue and Forecast to 2031 (US$ Million)
9.2 Automotive
- 9.2.1 Overview
- 9.2.2 Automotive: Masterbatch Market - Revenue and Forecast to 2031 (US$ Million)
9.3 Packaging
- 9.3.1 Overview
- 9.3.2 Packaging: Masterbatch Market - Revenue and Forecast to 2031 (US$ Million)
9.4 Agriculture
- 9.4.1 Overview
- 9.4.2 Agriculture: Masterbatch Market - Revenue and Forecast to 2031 (US$ Million)
9.5 Electrical and Electronics
- 9.5.1 Overview
- 9.5.2 Electrical and Electronics: Masterbatch Market - Revenue and Forecast to 2031 (US$ Million)
9.6 Others
- 9.6.1 Overview
- 9.6.2 Others: Masterbatch Market - Revenue and Forecast to 2031 (US$ Million)

10. Europe Masterbatch Market - Country Analysis

10.1 Europe
- 10.1.1 Europe Masterbatch Market Breakdown by Key Countries, 2023 and 2031 (%)
  - 10.1.1.1 Europe Masterbatch Market Volume and Forecast and Analysis - by Country
  - 10.1.1.2 Europe Masterbatch Market Revenue and Forecast and Analysis -by Country
  - 10.1.1.3 Germany Masterbatch Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.1.1.3.1 Germany Masterbatch Market Breakdown by Type
    - 10.1.1.3.2 Germany Masterbatch Market Breakdown by Polymer
    - 10.1.1.3.3 Germany Masterbatch Market Breakdown by End-use Industry
  - 10.1.1.4 France Masterbatch Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.1.1.4.1 France Masterbatch Market Breakdown by Type
    - 10.1.1.4.2 France Masterbatch Market Breakdown by Polymer
    - 10.1.1.4.3 France Masterbatch Market Breakdown by End-use Industry
  - 10.1.1.5 United Kingdom Masterbatch Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.1.1.5.1 United Kingdom Masterbatch Market Breakdown by Type
    - 10.1.1.5.2 United Kingdom Masterbatch Market Breakdown by Polymer
    - 10.1.1.5.3 United Kingdom Masterbatch Market Breakdown by End-use Industry
  - 10.1.1.6 Italy Masterbatch Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.1.1.6.1 Italy Masterbatch Market Breakdown by Type
    - 10.1.1.6.2 Italy Masterbatch Market Breakdown by Polymer
    - 10.1.1.6.3 Italy Masterbatch Market Breakdown by End-use Industry
  - 10.1.1.7 Russia Masterbatch Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.1.1.7.1 Russia Masterbatch Market Breakdown by Type
    - 10.1.1.7.2 Russia Masterbatch Market Breakdown by Polymer
    - 10.1.1.7.3 Russia Masterbatch Market Breakdown by End-use Industry
  - 10.1.1.8 Spain Masterbatch Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.1.1.8.1 Spain Masterbatch Market Breakdown by Type
    - 10.1.1.8.2 Spain Masterbatch Market Breakdown by Polymer
    - 10.1.1.8.3 Spain Masterbatch Market Breakdown by End-use Industry
  - 10.1.1.9 Poland Masterbatch Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.1.1.9.1 Poland Masterbatch Market Breakdown by Type
    - 10.1.1.9.2 Poland Masterbatch Market Breakdown by Polymer
    - 10.1.1.9.3 Poland Masterbatch Market Breakdown by End-use Industry
  - 10.1.1.10 Czech Republic Masterbatch Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.1.1.10.1 Czech Republic Masterbatch Market Breakdown by Type
    - 10.1.1.10.2 Czech Republic Masterbatch Market Breakdown by Polymer
    - 10.1.1.10.3 Czech Republic Masterbatch Market Breakdown by End-use Industry
  - 10.1.1.11 Denmark Masterbatch Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.1.1.11.1 Denmark Masterbatch Market Breakdown by Type
    - 10.1.1.11.2 Denmark Masterbatch Market Breakdown by Polymer
    - 10.1.1.11.3 Denmark Masterbatch Market Breakdown by End-use Industry
  - 10.1.1.12 Rest of Europe Masterbatch Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.1.1.12.1 Rest of Europe Masterbatch Market Breakdown by Type
    - 10.1.1.12.2 Rest of Europe Masterbatch Market Breakdown by Polymer
    - 10.1.1.12.3 Rest of Europe Masterbatch Market Breakdown by End-use Industry

11. Competitive Landscape

11.1 Heat Map Analysis by Key Players
11.2 Company Positioning & Concentration

12. Industry Landscape

12.1 Overview
12.2 Expansion
12.3 Other Business Strategies

13. Company Profiles

13.1 Avient Corp
- 13.1.1 Key Facts
- 13.1.2 Business Description
- 13.1.3 Products and Services
- 13.1.4 Financial Overview
- 13.1.5 SWOT Analysis
- 13.1.6 Key Developments
13.2 Ampacet Corporation
- 13.2.1 Key Facts
- 13.2.2 Business Description
- 13.2.3 Products and Services
- 13.2.4 Financial Overview
- 13.2.5 SWOT Analysis
- 13.2.6 Key Developments
13.3 Cabot Corp
- 13.3.1 Key Facts
- 13.3.2 Business Description
- 13.3.3 Products and Services
- 13.3.4 Financial Overview
- 13.3.5 SWOT Analysis
- 13.3.6 Key Developments
13.4 LyondellBasell Industries NV
- 13.4.1 Key Facts
- 13.4.2 Business Description
- 13.4.3 Products and Services
- 13.4.4 Financial Overview
- 13.4.5 SWOT Analysis
- 13.4.6 Key Developments
13.5 Plastika Kritis SA
- 13.5.1 Key Facts
- 13.5.2 Business Description
- 13.5.3 Products and Services
- 13.5.4 Financial Overview
- 13.5.5 SWOT Analysis
- 13.5.6 Key Developments
13.6 Penn Color Inc
- 13.6.1 Key Facts
- 13.6.2 Business Description
- 13.6.3 Products and Services
- 13.6.4 Financial Overview
- 13.6.5 SWOT Analysis
- 13.6.6 Key Developments
13.7 Americhem
- 13.7.1 Key Facts
- 13.7.2 Business Description
- 13.7.3 Products and Services
- 13.7.4 Financial Overview
- 13.7.5 SWOT Analysis
- 13.7.6 Key Developments
13.8 FRILVAM SPA
- 13.8.1 Key Facts
- 13.8.2 Business Description
- 13.8.3 Products and Services
- 13.8.4 Financial Overview
- 13.8.5 SWOT Analysis
- 13.8.6 Key Developments
13.9 Polyvel Inc
- 13.9.1 Key Facts
- 13.9.2 Business Description
- 13.9.3 Products and Services
- 13.9.4 Financial Overview
- 13.9.5 SWOT Analysis
- 13.9.6 Key Developments
13.10 Vanetti Spa
- 13.10.1 Key Facts
- 13.10.2 Business Description
- 13.10.3 Products and Services
- 13.10.4 Financial Overview
- 13.10.5 SWOT Analysis
- 13.10.6 Key Developments

14. Appendix

14.1 About The Insight Partners