Masterbatch Market 2016

Masterbatches Market Analysis – By Type (Standard Color, Black, Additive, White, Filler and Others);
By Carrier Resins (Polyethylene, Polypropylene, Ethylene Methyl Acrylate and Others); By Process
(Extrusion, Molding); By End-User (Packaging, Automotive, Building & Construction, Consumer
Goods); By Geography – Forecast (2016 - 2022)
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TABLE OF CONTENTS
Masterbatches Market
Overview
Company Profiles Executive Summary
Masterbatches Market
Market Entropy Landscape
Masterbatches Market: Masterbatches

By Geography Market Forces
Masterbatches
Masterbatches Market:
Market: Strategic Analysis
By End User
Masterbatches Masterbatches
Market: By Application Market: By Type
Masterbatches
Market: By Carrier
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CHAPTER - 1 MASTERBATCHES MARKET OVERVIEW
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1. MARKET OVERVIEW (1/10)
Introduction:
 Masterbatches are solid or liquid additives used for imparting different colors to plastics and at the same time
enhance the properties of the plastics/ polymers they are used on. These Masterbatches are used on carrier material
which can be based on a wax (universal carrier) or on a specific polymer, identical or compatible with the natural
polymer used (polymer-specific). E.g. EVA or LDPE can be used as carriers for polyolefins and nylon, polystyrene can be
used for ABS, SAN, and sometimes polycarbonates.
Under by type the Masterbatches market has been segmented into, standard Masterbatches, white masterbatches,
black masterbatches and special effect masterbatches.
These masterbatches are concentrated of dispersed pigments in a suitable carriers. The standard masterbatches
Standard Color are distributed and homogenized fully in matrix during manufacturing process. They are available in various forms
Masterbatches such as solid( granules, micro granules), liquid form. They are generally available in yellow , orange, red, blue and
many others
White masterbatches are basically concentrates of Titanium Dioxide (TiO2) in a polymer carrier such as ABS,
White Masterbatches ASA,EVA, PA (Nylon), PBT, PET, PE, PP, PS, SAN and others. These are used in various applications such as injection
moulding, blow-moulding, films/sheets, tapes, fibers, cables and many more.
Black masterbatches are used in agriculture industry; manufacturing mulch films, silage stretch, silage sheet and
bags, greenhouse film, irrigation. Maintenance of polymer mechanical properties is an significant concern when
Black Masterbatches
selecting a black masterbatches for agriculture industry.PE, PP are commonly used carrier materials in black
masterbatches.
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Additives masterbatches are employed for improving the performance of plastic products. The various types
of additives masterbatch comprise of antimicrobial additive masterbatch, antioxidant masterbatch, flame
Additive retardant additives masterbatch and many more
Masterbatches
Incorporation of additives masterbatch in resins serves great advantage comprising of degradation from heat,
shear, oxidation and others; reduction of the overall weight of the end-products and many more
They consist of pigments or fillers to achieve different visual effect such as marble, metallic,
phosphorescence, glitter, fluorescence, wood or granite.
Special Effect
Masterbatches They are used in improving the visual effects of consumer applications products. These masterbatches are
used in the products like consumer durable products, automotive and electrical applications where
thermoplastics are used for manufacturing products.
Filler masterbatches are calcium carbonate based filler compounds that are significantly used in plastic
Filler industries to modify various properties of the base plastic or the polymers. Filler masterbatches are specially
Masterbatches formulated by compounding blended polyolefin with calcium carbonate in the compounding extrusion. This
technique improves the physical properties of polymers as well as reduces cost
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Introduction
A master batch, also referred to as a concentrate, is a package for coloring and enhancing the properties of plastics.
Pigments, dyes, or other additives are dispersed into a polymer carrier which is extruded and pelletized. Not only
this but carriers are also used as base for filler masterbatches. Carrier polymers, which play the role of carrying the
colorants or additives in a concentrate or masterbatch, need to blend easily into the base polymer to help disperse
the pigment or additive.
•It is the most common polymer seen and used in daily life and hence is the most popular plastic in the world. This is the
PE polymer that makes grocery bags, shampoo bottles, children's toys, and even bullet proof vests. For such a versatile
(Polyethylene) material, it has a very simple structure, the simplest of all commercial polymers.
•It acts as a good carrier for the Masterbatches and basically goes into consumer products segment.
•Polypropylene (PP), also known as polypropene, is a thermoplastic polymer used in a wide variety of applications
PP including packaging and labeling, textiles, stationery, plastic parts and reusable containers of various types, laboratory
(Polypropylene) equipment
•Polypropylene Masterbatches are used for imparting color to PPR Pipes, PP Non Woven Fabrics and PP Fibres.
•Polystyrene is a versatile plastic used to make a wide variety of consumer products. As a hard, solid plastic, it is often
used in products that require clarity, such as food packaging and laboratory ware.
PS (Polystyrene)
•When combined with various colorants, additives or other plastics, polystyrene is used to make appliances, electronics,
automobile parts, toys, gardening pots and equipment and more.
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Source: IndustryARC Analysis Web - www.industryarc.com | Mail – sales@industryarc.com
•ABS's light weight and ability to be injection molded and extruded make it useful in manufacturing products such as drain-
Acrylonitrile
waste-vent (DWV) pipe systems, musical instruments, automotive trim components, automotive bumper bars, medical
Butadiene
devices for blood access, enclosures for electrical and electronic assemblies, protective headgear, white water canoes, buffer
Styrene(ABS)
edging for furniture and joinery panels, luggage and protective carrying cases, small kitchen appliances, and toys.
•Polybutylene terephthalate (PBT) is a thermoplastic engineering polymer that is used as an insulator in the electrical and
Polybutylene electronics industries. It is a thermoplastic (semi-)crystalline polymer, and a type of polyester.
Terephthalate •It is used for electrical engineering in houses and in automotive construction as plug connectors. It is also processed into
(PBT) fibers in toothbrushes and is used in the keycaps of some high end computer keyboards because the texture is highly
resistant to wear. Black and white masterbatches are the ones that are widely used with this carrier
•PVC is used to make pipes, pipe fittings, pipe conduits, vinyl flooring, and vinyl siding. It is used to make wire and cable
Polyvinyl chloride coatings, packaging materials, wrapping film, gutters, downspouts, door and window frames, gaskets, electrical insulation,
(PVC)) hoses, sealant liners, paper and textile finishes, thin sheeting, roof membranes, swimming pool liners, weather stripping,
flashing, molding, irrigation systems, containers, and automotive parts, tops, and floor mats
•Ethylene Butyl Acrylate (EBA) and Ethylene Methyl Acrylate are copolymers suitable for general extrusion, injection molding
Acrylate Copolym and used in compounds where good flexibility, processability and mechanical properties are required. EBA copolymers
ers exhibits outstanding thermal stability, that allows the material to be processed at higher temperature if required. Owing to
its excellent properties, these polymers are used as carrier resins in masterbatches
•Ethylene Vinyl Acetate is formed by co-polymerization of ethylene and vinyl acetate. It is tough, semi-opaque materials
having low upper temperatures. Ethylene-vinyl acetate as carrier polymers has better stress cracking resistance, excellent
Ethylene Viny dispersion properties, increased mechanical properties and is capable of accepting fillers easily
Acetate
•This polymer utilize its application in food packaging, surgical products, traffic signal, ice cube trays, railways sleeper pads,
refrigerator door gaskets, baby bottle teats among others
Source: IndustryARC Analysis

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Introduction
Masterbatches are products that are used widely across the thermoplastics industry. A master batch is also
referred to as concrete. It is mostly used as a package for colouring plastics, adding properties and enhancing the
basic properties of plastics. Masterbatches involve Colour, UV and/or Heat stabilizers that are added to a polymer
carrier in a concentrated form. By application they are segmented as molding, extrusion and Others.
Figure: Masterbatches Market, By Application
Molding
Injection moulding is the most commonly used polymeric fabrication
Extrusion process. The process involves injection or forcing of heated molten plastic
Extrusion is a type of plastic extrusion process. Extrusion is a high volume into a mold which is in the form of the part to be made. After cooling and
manufacturing process. In sheet/film extrusion process, a flat die is used to solidification, the part is ejected and the process continues.
extrude the molten plastic material. The cooling rolls are used to define the Blow Moulding mainly accommodates to the requirements of packaging
thickness of sheet/film and its external consistency. industries. Chemical Resistance, migration resistance, quick colour
There are three major stages in the process cycle; first is the injection, development and regulatory compliance such as REACH, USFDA etc. are
followed by holding pressure and plasticizing, and finally the last step major industry requirements.
involve ejection of the molded part. After the completion of the third stage, Rotational molding is another example of this process
the mould closes again and the cycle starts over again.

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Introduction
Masterbatches have many end uses, some of the key end use industries are automotive, electronic appliances,
medicine packaging, textiles, food & beverage, consumer goods, building and construction and others. Uses of
Masterbatches in electronic appliances and food & beverage packaging are one of the major end uses.
•Masterbatches are used to give pigment or color to the plastics. Currently, the interior of a modern automobile without plastics is not possible So, with
the growing plastic industry and its uses, Masterbatches market in automotive industry is set to see and upsurge
•The various types of plastics such as polyurethane, polypropylene and polyethylene and engineering plastics like ABS, ASA, PBT, POM and PA are used
in making automobile parts like dashboards, steering wheels, carpets, loudspeaker grills and door linings as well as seats, seat belts and airbags.
Automotive •To give pigmentation to all these polymers, Masterbatches are required. Black masterbatches are the ones which find major application into the
automotive industry.
•The electronics appliances segment includes devices such as smart phones, laptops, tablets, musical instruments, wearable devices, smart garments,
gaming consoles and many others. The Masterbatches have a great market potential in electronic market especially in places such as body part of the
products where plastic is used.
•From cables and household appliances to smartphones, various latest devices created in the Electrical & Electronic sector capitalize on new generation
Electronic plastics.
Appliances •In small appliances such as smartphones plastic usage has increased along with the number of different polymer types being used.
•Pharmaceutical industry has been one of the highly regulated industries which emphasis for 100% quality compared to any other industry. Growing
pharmaceutical industry instigates the demand of medicines consumed as well as the medicine packaging segment.
•Color master batches find their applications into the packaging of these medicines. Polymers used in the pharmaceutical industry requires high level of
Medicine quality and precision
Packaging •While masterbatches and standard Masterbatches are the ones which find their application into this industry

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•Textile production is more capital intensive and skill intensive than clothes manufacturing.
•Masterbatches are extensively used in textile industry for getting various shade of colors and color matching. Polyester and polyamide
Masterbatches are used for apparel, carpets and high tenacity fibres
Textile
•Food and Beverage industry is one such industry where the color and appearance are the most important aspects.
•Packaging industry uses various types of masterbatches wherein, the most widely used ones are standard color and white masterbatches.
Food and •Food & beverage producers remain to augment their focus on attractive product packaging with the use of various custom colored
Beverage masterbatch so that to get consumer attention.
Packaging
•Household items including items of daily use like cups, combs and other plastic related items are some of the most commonly used items.
They can also be classified as durable and non durable goods depending on their life span
•Masterbatches in consumer goods helps brand proprietors and producers lift market appeal and end-use performance. Some of the
appearance wise positives that masterbatches provide are attractive coloring, enhanced feel and an increase in overall appearance to the
Consumer Goods end product
•Construction and infrastructure based activities have been one of the dominant industry in the past few years. The major use of
masterbatches in the field of construction include floor covering, pipes, wires and cables and many other interior as well as exterior
applications.
Building and •Plastic is extensively used in the pipes industry due to the various properties it provide like durability, cost savings, parts consolidation,
Construction design flexibility and chemical resistance. Apart from pipes many other construction related works including floor covering and wiring has
adapted plastic as one of its base material.

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Introduction
The overall colour masterbatches market is presented from the perspective of different geographic regions and the key
countries in each region. The market has been segmented in to four regions Americas, Europe, Asia-pacific (APAC) and Rest
of the World (RoW).
North America
•The adoption of masterbatches in end user industries like medicine packaging, food and beverage packaging, along with the conventional
automotive industries, has increased the demand of these products in America.
• North America has been amongst the major consumers of color master-batches to match its increased demand of consumer goods and rising
need for lighter automobiles.
Europe
•Owing to automotive production in regions such as Germany, France, U.K., others, the market of masterbatches is anticipated to remain
dominant in this region.
•The European Masterbatch industry is the largest in the world both in terms of production and demand.
•Growth has been driven by the increasing penetration of masterbatches in engineering polymer segment as replacement for compounds, and
growing usage by polymer manufacturers in their own compounding operations.
•The Benelux region has the largest concentration of production accounting for the highest demand in Europe, primarily because of the presence
of several large scale producers such as Ampacet, A. Schulman, Cabot and PolyOne.
Asia-Pacific
•Booming plastic processing industry and growing demand from end-use sectors in APAC region, especially in China and India, is propelling
masterbatch consumption
•China has become the world’s largest resin consumer and it overwhelmingly drives the overall deficit in plastic products trade. The Chinese
deficit with the U.S. rose from $10.9 billion in 2013 to $11.5 billion in 2014. The U.S. trade deficit with China is more than 10 times larger than
the plastic products deficit with Taiwan, the second largest.
Rest of the World (RoW)
•Middle East is amongst the major manufacturers of feed stocks for polyolefins and the raw materials required for color masterbatches .
Considering one of its major markets, Qatar is a niche plastic processing industry with total of 57 processors, of which only 35%-40% processors
use masterbatch.
•Easy availability of raw material, surging demand from end use industries and growing trend towards green building solutions and plastics is
driving demand for masterbatches in Saudi Arabia. Masterbatches are being used in a wide range of applications in building and construction
sector, production of household appliances and automotive sector.
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Source: IndustryARC Analysis Web - www.industryarc.com | Mail – sales@industryarc.com
Assumptions for The Masterbatches Market
Masterbatches Market Description

The market is segregated based on the various types of masterbatches being used in the plastics
industry. The Major ones considered in the report includes, standard color masterbatches, along with
By Type white, black, special effect, additive and filler masterbatches. The others segment however considers
the specialty masterbatch segment which is an upcoming market and is anticipated to penetrate in
the masterbatches market during the forecast period.
By Carrier the market has been segmented into various polymer resins like polyethylene,
polypropylene, polystyrene, acrylonitrile butadiene styrene, polybutylene terepthalate, Polyvinyl
By Carrier
Chloride, Ethylene Vinyl Acetate, Acrylate Copolymers and others. The others segment consist
Propylene-Based Elastomers (PBE) and other copolymers
Masterbatch has many end uses, some of the key end uses are automotive, electronic appliances,
By End User Industry medicine packaging, textiles, food & beverage and others. Uses of Masterbatch in electronic
appliances and food & beverage packaging are one of the major end uses.
The market is segmented based on Americas, Europe, APAC and Rest of the World. Americas is
further segmented by countries Viz. The U.S, Canada and Mexico which forms North America, and
By Geography others like Brazil, Argentina and others. In Europe UK, France, Germany Italy, Spain and others are
considered. APAC is further segmented by China, India ,Japan, South Korea, Taiwan, Indonesia and
others. Rest of the World section considers Middle East and African countries
Nominal values (i.e. values are not adjusted w.r.t inflation) are considered in the market estimation.
Historic and Forecast Value The base year is 2015 and 2016 is both estimated and forecast year. The forecast period is 2016 to
2022
Average weighted prices of the various masterbatches in consideration with respect to the end user
Pricing
applications in various countries are considered while arriving at the global market in terms of value.
Average year USD exchange is considered for the estimation of historic values and average five years
Exchange Rate
exchange rate is considered for forecast values.
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HeXa-Grid Paradigm 5. Data Triangulation & Validation
After data compilation, it is
6. Data Presentation validated with various key opinion
Data Analysis, Summarization, leaders and C-level Executives
Key Finding & Reporting is globally
done for efficient
dissemination of information.
4. Data Interpretation &

Assessment
1. Scope Definition: Defining Based on the Macro and micro
scope of the Report: factors prevalent in various
Analyzing its Services, operations geographies, proprietary data
and Geographic penetration. models are used to assess the key
countries for the market.
Market Assessment
Competitive
2. Secondary Research:
Landscape
3. Primary Research: Reach out
Based on the scope and to all the stake holders involved
segmentation, secondary research is in ecosystem:
done using public, private and Industry Experts insights taken to
subscribed sources. gauge and validate key data
points.
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CHAPTER -2 MASTERBATCHES MARKET EXECUTIVE SUMMARY
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EXECUTIVE SUMMARY
 Masterbatch are polymers mostly solids which is used to impart color or other properties like heat resistance,
antibacterial, antistatic, anti-oxidation to materials mostly plastics or rubbers. Masterbatch is made from pigments,
dispersants which are attached to the carrier resin by heating mixture in appropriate proportions. Increased usage
of plastic products and packaged goods are the key driver for the growth of masterbatch market.
 There are different manufacturers who produces Masterbatches for polyolefin polymers and for disparate industry
verticals, delivering hundreds of standard colors as well as custom formulations and color/additive combibatches.
From business machines and appliances to textiles, automotive components and packaging, designers, brand
managers and plastics processors rely on cutting-edge color technology and in-depth technical support
 Masterbatches have wide range of end user applications in automotive, electronic appliances, medicine packaging,
textile, food & beverage packaging, others. Among all the applications, textile industry has the highest CAGR of
11.86% in terms of revenue and 12.84% in terms of volume, for the forecast period 2016 to 2022. On the contrary,
the segment generating highest revenue food and Beverage packaging with $2.4 billion in 2015, foreseen to reach
was $5.15 billion till 2022.
 Food and Beverage industry held the major share in the Masterbatches market for 2015, in terms of volume as well
accounting for almost 29%, which was followed by Electronics appliances with a share of 18% in 2015.
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EXECUTIVE SUMMARY
Global Masterbatches Market Revenue Vs Volume Share, By Type, 2015 (%)
Revenue Volume
4% 3% 4%
Standard Color Masterbatch
5%
20% 19%
White Masterbatch
Black Masterbatch
28% 25%
Special Effects Masterbatch
15% Additive Masterbatch

18%
Filler Masterbatch
Others 7%
13%
17%
22%
Source: IndustryARC Analysis, Expert Insights
 Additive Masterbatches dominate the market in terms of both revenue and volume with a share of 28% and 25% respectively.
The market is foreseen to reach $4.1 billion in 2022 growing a CAGR of 9.7% during the forecast period. The additive
masterbatch continues to be the fastest growing sector and is rapidly increasing in importance within the masterbatch market.
 The black masterbatch market is the second dominating market with a share of 22% in terms of volume for the year 2015. The
growth is mainly attributed to the which is mainly attributed to the growing demand from the packaging, automotive and
consumer goods industry.
 Overall the market has been showing solid growth in recent years since 2012 driven by the increasing penetration of
masterbatch into engineering polymer markets as replacement for compounds and growing usage by polymer manufacturers in
their own compounding operations. Page - 17
EXECUTIVE SUMMARY
Global Masterbatches Market Revenue, By Carrier, 2015-2022 ($M)

CAGR%
By Carrier 2015 2016 2017 2018 2019 2020 2021 2022 (2016-
2022)
Poly Ethylene(PE) 2,102.40 2,466.97 2,812.47 3,141.28 3,460.15 3,769.76 4,069.17 4,356.58 9.94%
Poly Propylene(PP) 1,377.44 1,609.04 1,854.96 2,095.07 2,333.63 2,570.96 2,806.29 3,038.20 11.18%
Polystyrene(PS) 507.48 591.73 680.03 765.63 850.12 933.63 1,015.88 1,096.37 10.83%
Acrylonitrile Butadiene
797.46 934.23 1,079.47 1,221.97 1,364.21 1,506.37 1,648.00 1,788.25 11.43%
Styrene(ABS)
Polybutylene
289.99 337.41 381.85 423.38 462.96 500.71 536.53 570.23 9.14%
Terephthalate (PBT)
Polyvinyl chloride (PVC) 652.47 765.52 874.52 978.76 1,080.32 1,179.39 1,275.67 1,368.56 10.17%
Acrylate Copolymers 543.72 611.23 683.47 748.74 808.93 864.42 915.18 961.03 7.83%
Ethylene Vinyl Acetate 688.72 806.22 927.40 1,045.14 1,161.59 1,276.92 1,390.75 1,502.37 10.93%
Others 289.99 355.21 395.81 431.02 461.65 487.65 508.74 524.61 6.72%
Total 7,249.66 8,477.57 9,689.98
Global Masterbatches 10,850.99
Market Volume, 11,983.55
By Region, 13,089.81
2015-2022 (KT) 14,166.20 15,206.20 10.23%
CAGR% (2016-
By Carrier 2015 2016 2017 2018 2019 2020 2021 2022
2022)
Poly Ethylene(PE) 697.31 824.72 929.80 1,027.07 1,118.77 1,205.30 1,286.67 1,362.12 8.72%
Poly Propylene(PP) 457.61 539.02 620.99 700.95 780.23 858.96 936.99 1,013.62 11.10%
Polystyrene(PS) 141.64 168.28 199.82 232.48 266.71 302.64 340.27 379.40 14.51%
Acrylonitrile Butadiene Styrene(ABS) 228.81 270.80 316.87 363.29 410.72 459.27 508.85 559.11 12.84%
Polybutylene Terephthalate (PBT) 87.16 100.97 115.11 128.58 141.62 154.29 166.55 178.29 9.94%
Polyvinyl chloride (PVC) 207.01 242.79 278.32 312.60 346.22 379.26 411.65 443.10 10.55%
Ethylene Viny Acetate 174.33 204.25 239.05 274.12 309.97 346.66 384.17 422.19 12.86%
Others 65.37 76.31 87.67 97.83 106.69 113.99 119.43 122.66 8.23%
Total 2,179.10 2,569.22 2,951.99 3,323.20 3,689.14 4,050.53 4,406.69 4,754.34 10.80%
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EXECUTIVE SUMMARY
Global Masterbatches Market Revenue Share, By Region,
2015 (%)  The global Masterbatches market is set to experience a
8% substantial growth owing to the strong demand from
23%
the end user segment across the world.
 APAC region is the major shareholder with more than %

Americas
Europe share in the global Masterbatches market, due to
APAC
increasing urbanization and population.
44% RoW
 The greater use of color and special effects to
25%
differentiate products have also helped lift demand,
along with the requirement for improving performance
criteria from polymer materials in terms of UV
stabilization, flame retardancy and other features.
 China has become the world’s largest resin consumer and it overwhelmingly drives the overall deficit in plastic
products trade. The Chinese deficit with the U.S. rose from $10.9 billion in 2013 to $11.5 billion in 2014. The U.S. trade
deficit with China is more than 10 times larger than the plastic products deficit with Taiwan, the second largest.
 Global new passenger car registrations continue to rise (+4.6% in 2014), mainly driven by substantial growth in China
(+12.1%) representing more than 25% of total car sales. Looking at other emerging markets, South Korea (+11.1%) and
India (+3.7%) also posted growth last year. In 2014, the Triad countries showed a significant improvement, with the EU
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(+5.7%), the US (+5.5%) and Japan (+3.7%) posting growth. Web - www.industryarc.com | Mail – sales@industryarc.com
EXECUTIVE SUMMARY
 Manufacturers have successfully produced polymer specific and engineering polymer masterbatches in many
materials including ABS, PA, PC, PE, PET/PBT, PMMA, POM (acetal), PS, PVC and TPR. There are notable developments
in this industry which include devising of polymer-specific colour masterbatches for rigid PVC and a highly filled PET
masterbatches for the cost effective colouring of white thin wall polyester packaging products
 However, as with many other sectors of the plastics processing industry, the masterbatch industry also faces pressures
with margins constantly squeezed between customers looking to lower their costs and raw material suppliers looking
to raise their prices.
 By 2022, the special effect masterbatches are estimated to witness an upsurge due to low cost production
requirements and falling prices. This segment is anticipated to grow at a CAGR od 14.41% during the forecast period
between 2016 and 2022.
 Europe accounted for 25% market share in global Masterbatches market volume in 2015 after APAC region and is
forecast to grow at a CAGR of 6.07% to reach 872 KT by 2022
 Americas region is projected to grow at a rate of 9.32% CAGR during the forecast period 2016-2022. On aggregate, the
global Masterbatches market volume is forecast to grow at 10.80% CAGR to reach 4,754 KT by 2022
 Main reasons being attributed to this growth are the Increased consumption of plastics globally, declining feedstock
prices, low cost production requirements for packaging, strong demand from the packaging and consumer goods
industry
 The recent downturn in Chinese financial markets contributed to the downward pressure on prices for Masterbatches
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CHAPTER – 3 MASTERBATCHES MARKET LANDSCAPE
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3.1. MASTERBATCHES MARKET: MARKET SHARE ANALYSIS (1/2)
MASTERBATCHES MARKET SHARE ANALYSIS, BY COMPANY 2015 (%)
9%
A. Schulman
24% Ampacet Corporation
Clariant AG
15% Cabot Corporation
PolyOne Corporation
Munzing Chemie GmBH
Hubron International
4% BASF SE
2% 7% DIC Corporation
2% Ferro Corporation
Kunststof-Kemi Skandinavia A/S
3%
7% Plastica Kritis
3% Polyplast Müller GmbH
3% Tosaf
6%
6% 5% Others
4%
 A.Schulman and Ampacet Corporation are the two key market players in the masterbatches market. While
Ampacet occupies 15% of the market, Schulman has a market share of 9% in the global market.
 Ampacet is one of the major players in masterbatches market with wide range of product offerings that enables
plastic product manufacturers to produce consistent colors for their products.
 Ampacet deals extensively in offering black, white and masterbatches as well as wide range of additives. The
company supplies a wide range of masterbatches and hence is usually priced more than the average market price.
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3.1. MASTERBATCHES MARKET: MARKET SHARE ANALYSIS (2/2)
 On the other hand, Schulman stands out to be one of the most agile players, generating almost 33% of its revenue
from the masterbatches alone.
 A. Schulman a leading manufacturer of proprietary and custom-formulated color concentrates, plastic compounds
and additives employed for production in industries including: agriculture, automotive and transportation,
construction, consumer products, durable products, electrics and electronics, flexible packaging, healthcare and
hygiene and many others.
 Apart from the above mentioned two key players, Clariant, Cabot and PolyOne Corp together accounted for 20% of
the total masterbatches market in 2015.
 Clariant manufactures a broad variety of chemicals catering to various industries including automotive, oil and gas,
food and beverage, consumer and so on. The masterbatches offered by the company is manufactured in more in 50
facilities and distributed worldwide
 Cabot is another leading manufacturer which accounts for 7% of the market share and has its presence in 20
countries. On the other hand PolyOne Corp has its presence across the world and is a manufacturer of
masterbatches specifically for automotive, electronic appliances and consumer goods.
 For BASF, masterbatches is a part of Performance Products segment. This segment accounted for 22% of the overall
market share of the company in 2015.
 Other companies include Hubron, Munzing, DIC, Ferro Corporation, Tosaf and many more.
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3.2.2. FINANCIAL ANALYSIS (1/3)
A. Schulman, Inc. BASF SE
2500.00 2321.00 2447.00 2500.00 120000.00 100912.78 97066.48 100000.00
2450.00 2365.00 90000.00
2392.00 71245.71 90558.92 87671.22
2400.00 2070.002000.00 100000.00 80000.00
2350.00 78179.30 70000.00
80000.00
2300.00 60000.00
1500.00
$ Million
$ Million
$ Million
$ Million
2250.00 60000.00 50000.00
2200.00
2133.00 1000.00 40000.00
2150.00 40000.00 30000.00
2100.00
2050.00 500.00 20000.00 20000.00
6998.97 10000.00
2000.00 6288.00
56.00 4424.49
1950.00 27.00 26.00 0.00 0.00 0.00
2015 2014 2013 2015 2014 2013
Net Revenues Operating Expenses Net Income (Millions) Net Revenues Operating Expenses Net Income (Millions)
Clariant AG PolyOne Corporation

6800.00 7000.00 3,900 3,836 4,000
6117.17 6051.10
5527.86 6000.00 3,680 3,771
3,800 3,556 3,500
6600.00
5000.00 3,700 3,143 3,000
6400.00 6691.58
4000.00 3,600 2,500
$ Million
$ Million
$ Million
$ Million
6200.00 3000.00 3,500 2,000

6558.42
6044.12 3,378
2000.00 3,400 1,500
6000.00
1000.00 3,300 1,000
5800.00 238.35 166.30 3,200 500
-21.59 0.00
145 244
3,100 79 0
5600.00 -1000.00
2015 2014 2013 2015 2014 2013
Net Revenues Operating Expenses Net Income (Milllion) Net Revenues Operating Expenses Net Income (Million)
Source: IndustryARC Analysis, Company Annual Reports Page - 24

Cabot Corporation
4,000 3,188 3,647 3,456 3,500
 The financial analysis for the leading companies in
3,500 3,312 3,000
3,188
3,000
2,871 2,500 the Interactive Kiosks market has been conducted
2,000
2,500 on the following parameters that comprise
$ Million
$ Million
1,500
2,000
1,000 operating expenses, net income, net revenue and
1,500
199 500
1,000 153 0
earning per share. Notable players in the
500 -500 masterbatches market comprise A. Schulman, Inc.,
-334.00
0 -1,000
2015 2014 2013 BASF SE, Clariant AG, Cabot Corporation and more.
Net Revenues Operating Expenses Net Income (Million)  A. Schulman, Inc., and Clariant AG is one of the
Earnings Per Share (EPS – Interactive Kiosks Providers), By Company major players in masterbatch market. PolyOne is
8.00
7.00
yet another company which holds a major share of
6.00 the Interactive Kiosks market. Among these, BASF
5.00
stood in first position in terms of generating
$/Share
4.00
3.00 highest revenue followed Clariant. The highest
2.00
gross profit company was BASF with $21.16 billion
1.00
0.00 and the company with lowest gross profit of $31.19
A. Schulman, BASF SE Polyone Cabot
Inc. Corporation Corporation thousand was Plastika Kritis.
2015 2014 2013
Source: IndustryARC Analysis, Company Annual Reports
Page - 25
 BASF has invested high amount of money when compared with other companies in the R&D segment with
investment around $2.1 billion across its business divisions, whereas Clariant and PolyOne Corp invested
$212.3 million and $55.5 million respectively.
 The basic strategy followed by BASF and Clariant, is attaining growth through organic growth, which deals
with the growth rate that a company can achieve by increasing output and enhancing sales.
 These firms spent huge amounts of money in the development of efficient technologies and at the same time,
new firms are coming up with cutting-edge technological innovations, resulting in tremendous increase in the
degree of competition.
 Consequently, product launches, mergers and acquisitions and partnerships by companies, universities as well
as individual researches has been frequenting the masterbatches market.
 On the contrary, comparing segment revenues, A.Schulman was the major shareholder. The revenue
generated by engineered plastics segment of A. Schulman, of which masterbatches is a part, stood at $740m
during 2015, which was more than that of Clariant and BASF
Page - 26
3.2.3. END USER PROFILING (1/4)
Automotive Electronic Appliances Medicine Packaging Textile

•The top countries in the •Plastic is extensively used •Medicines are an integral •Masterbatch are extensively
automotive industry are in the electronic appliances aspect of this industry. used in textile industry for
expected to boom over the industry owing the various Growing pharmaceutical getting various shade of colors
next five years. Americas properties it provide like industry instigate the and color matching. Polyester
and Europe are estimated durability, cost savings, demand of medicines and polyamide Masterbatch
to continue to emerge in parts consolidation, design consumed as well as the are used for apparel, carpets
the global automotive flexibility, weatherability medicine packaging and high tenacity fibres.
landscape. and chemical resistance. segment.
•The technical textile sector
•As Masterbatch have wide •As Masterbatch derive its •So, the growth of has more than 200 companies
range of applications in this application from plastics, its pharmaceutical market in presently functioning in Brazil,
sector, the market is market will also experience India will also positively employing roughly 40,000
estimated to record surge during the forecast effect on the Masterbatch people.
significant changes in period 2016 to 2022. market owing to its huge
respective countries. use and application.
Page - 27
Food & Beverage Consumer Goods Building & Others

Packaging •Masterbatches in consumer Construction •Masterbatch have a wide
goods helps brand •Plastic is extensively used in range of applications. Apart
•Food and Beverage industry proprietors and producers from the applications
is one such industry where the pipes industry due to
lift market appeal and end- the various properties it mentioned, Masterbatch are
the color and appearance use performance. used in others applications
are the most important provide like durability, cost
savings, parts consolidation, as well which include health
aspects. & beauty, pharmaceuticals
•The penetration of plastic design flexibility and
into many household goods, chemical resistance. Apart and more.
•Packaging industry uses like furniture and children’s from pipes many other
various types of toy, due to its cost construction related works
masterbatch wherein, the effective, more colorful, robu including floor covering and
most frequently used st and easy-to-mold nature wiring has adapted plastic as
masterbatch are color and has in turn affected the one of its base material.
white masterbatch. masterbatch market in a
positive manner. •As Masterbatch derive its
application from plastics, its
market will also experience
surge during the forecast
period 2016 to 2022.
Page - 28
Figure: Masterbatches Market Volume, By End User, 2015-2022 (KT)

5,000.00
Other
4,000.00 Building and Construction
Consumer Goods
Volume (KT)
3,000.00
Food & Beverage Packaging
2,000.00 Textile
Medicine Packaging
1,000.00
Electronic Appliances
- Automotive
2015 2016 2017 2018 2019 2020 2021 2022
 Diverse end-use markets range from automobile, construction, package, consumer goods, wire & cable, and
electronic appliances among others.
 Growing GDP, rapid pace of industrialization, ballooning production and industrial bases, increased output of plastic
components, consumer goods and packaging products and continuing penetration of masterbatches vis-a-vis
competing coloring methods remain key growth driving forces in the post-recession period.
 Future growth in the international market hinges heavily onto developing economies in Asia-Pacific, South America,
and Eastern Europe. China and India, especially, stand out as noteworthy markets, given the mass exodus of
production activities (automotive & industrial) from developing countries to low-cost Asian countries.
 The ensuing increase in foreign investments and rise in the number of new manufacturing establishments will
witness Asia-Pacific emerge into a prime driver of growth.
Page - 29
Masterbatches Market Revenue, By End-User, 2015 (%)

3%
7% 16%
Automotive
11%
Medicine Packaging
Textile
16%
Consumer Goods
Building and Construction
Other
33% 9%
5%
 Food and Beverage packaging is the single largest end-user segment with a share of 33% in the overall
masterbatches market in 2015. Packaging takes the topmost positions in the masterbatches market .
 The fastest growth rate till 2021 in the masterbatches market is projected to come from applications such as
automotive and consumer goods. The increasing plastic consumption in the automotive industry is expected to
benefit masterbatches market over the next five years.
 Packaging industry uses all types of color masterbatches, but the most commonly used are standard color and
white masterbatches.
 Food and beverage manufacturers continue to enhance their focus on attractive product packaging, by using
various custom colored masterbatches, in order to gain consumer attention.
Page - 30
CHAPTER - 4 MASTERBATCHES MARKET FORCES
Page - 31
4.1. MARKET DRIVERS - IMPACT ANALYSIS (1/2)
Drivers 2015 2016 2017 2018 2019 2020 2021
Increased consumption of plastics

globally
Declining feedstock prices
Low cost production requirements for

packaging
Strong demand from the packaging and

consumer goods industry
Downturn in Chinese financial markets

contributed to the downward pressure
on prices
Masterbatches Market - Drivers
= Minor = Low = Medium = High = Game Changing
Page - 32
Web - www.industryarc.com | Mailwww.industryarc.com
– sales@industryarc.com
4.1. MARKET DRIVERS – QUANTIFICATION (2/2)
Qualitative Weightages Index Values

Index Quantitative
S No. Factor Impacts (depends on
Values Impact
(from chart) the market) Weak 1.04
Increased consumption 23% Low 1.17

1 of plastics globally High (4) 1.34 26.67%
Medium 1.26
Declining feedstock High 1.34
2 prices High (4) 1.34 25% 28.99%
Game Changing 1.43
Low cost production 18%
3 requirements for Medium (3) 1.26 14.72%
packaging
Driver 1
50%
Strong demand from the 40%
4 packaging and consumer High (4) 1.34 19% 22.03% 30%
20%
goods industry Driver 5 Driver 2
10%
Downturn in Chinese 0%
financial markets 15%
5 contributed to the Low (2) 1.17 7.59%
downward pressure on
Driver 4 Driver 3
prices
Total 100% 100%
Global Masterbatchces Market - Drivers
Page - 33
Web - www.industryarc.com | Mail –www.industryarc.com
sales@industryarc.com
4.2. MARKET CONSTRAINTS - IMPACT ANALYSIS
Drivers 2015 2016 2017 2018 2019 2020 2021
Low adaption rates in market shift

towards bio-plastics
Stringent regulatory norms towards

plastics usage
Low cost production requirements for

packaging
Increase production capacity in sync

with the increased consumption of
plastics
Masterbatches Market - Constraints
Page - 34
4.3. MARKET CHALLENGES - IMPACT ANALYSIS
Drivers 2015 2016 2017 2018 2019 2020 2021
Improved durability while reducing the

costs
To find cheaper alternatives to an

already cheaper product
Manufacturer’s requirement for better

carriers to fulfill customer requirements
Make alternative feedstock sources the

industry norm
Masterbatches Market - Challenges
Page - 35
4.4. ATTRACTIVENESS OF THE MASTERBATCH INDUSTRY
4.4.1. BARGAINING POWER OF SUPPLIERS (1/2)
Global Masterbatches Market – Porter’s Five Forces
Product Substitutes 5 Bargaining Power of Suppliers
Indispensable 8
Product Substitutes
45
40
Product Differentiation 12 Quality & Reliability 35 Indispensable
30
25
20
Product Imitation 10 15
10
5
Supplier Switching 0 Product Differentiation
No. of Suppliers 28
Financial Muscle 20
Financial Muscle Product Imitation
Supplier Switching 38 No. of Suppliers
Quality & Reliability 41
Page - 36
4.4.1. BARGAINING POWER OF SUPPLIERS (2/2)
 The bargaining power of suppliers is moderate for the masterbatch manufacturers as they have their own sources of
key raw material like petrochemical feedstock or the chemicals derived from these feedstock that are required in the
manufacturing of the end product. The prices of these feed stocks are dependent on crude oil prices and not in the
hands of independent suppliers. These masterbatches are non-integrated or semi-integrated and so have to depend
on suppliers.
 Masterbatch suppliers have bargaining power and so they will:
 Exercise that power
 Sell their products at a higher price
 Squeeze industry profits
 When it comes to selling a colour master batches product there might be situations where the supplier forces up the
price paid for inputs, ultimately leading to reduced profits. Basically it implies that the more powerful the customer
(buyer) in terms of bargaining power, the lower the price that can be achieved.
 In this industry, suppliers find themselves in a powerful position when:
 There are only a few large suppliers
 The resource they supply is scarce
 The cost of switching to an alternative supplier is high
 The product is easy to distinguish and loyal customers are reluctant to switch
 The supplier can threaten to integrate vertically
 The customer is small and unimportant
 There are no or few substitute resources available Page - 37
4.4.2. BARGAINING POWER OF BUYERS (1/2)
Global Masterbatches Market – Bargaining Power of Buyers
Bulk Purchasing 21 Bargaining Power of Buyers

No. of Suppliers
30
No. of Suppliers 18 25
20
15
Buyer's Switching Cost 24
Buyer Independence 10 Buyer's Switching Cost
5
Backward Integration 26 0
Tedency to Switch 12
Buyer Independence 21
Tendency to Switch Backward Integration
Page - 38
4.4.2. BARGAINING POWER OF BUYERS (2/2)
 Powerful customers are able to exert pressure to drive down prices, or increase the required quality for the
same price, and therefore reduce profits in an industry. Unlike the FMCG or retail sectors, the buyers have a low
bargaining power. However, the government may curb or put a ceiling on prices if it feels the need to do so. The
color master batch suppliers either sell the product directly to the user industries or through their own
distribution networks including exports.
 Several factors determine the bargaining power of customers, such as:
 There are only a few customers
 The customer purchases a significant proportion of output of an industry
 They possess a credible backward integration threat – that is they threaten to buy the producing firm or
its rivals
 They can choose from a wide range of supply firms
 They find it easy and inexpensive to switch to alternative suppliers
 In this industry, the customer has a moderate to high bargaining capacity, as the demand for this product is huge
and there is no dearth of suppliers or the product. For new entrants to enter this market is relatively tough due
to the requirement of high capital and raw material availability.
Page - 39
4.4.3. THREAT OF NEW ENTRANTS (1/2)
Capital Needed 35 Threat from New Entrants
Capital Needed
IP Protection 8 35
30
Government 25
R & D Expenses 33 Regulations
IP Protection
20
15
10
Distribution Channel 14
5
0
Economies of Scale 21 Product Differentiation R&D Expenses
Product Differentiation 18
Economies of Scale Distribution Channel

Govt Regulation 24
Market Growth Rate 18
Page - 40
Porter’s Five Forces – Threat from New Entrants

 If new entrants move into an industry they will gain market share & rivalry will intensify. The position of existing
firms is stronger if there are barriers to entering the market. If barriers to entry are low then the threat of new
entrants will be high, and vice versa. Barriers to entry are, therefore, very important in determining the threat of
new entrants. An industry can have one or more barriers. The following are common examples of successful
barriers:
 Barriers to entry: We believe that the barriers to entry are medium. Following are the factors that vindicate our
view.
 Capital Requirement: Masterbatches industry is a capital intensive business as the raw materials and the
processing capacity to produce a good product requires both labor and machinery. The availability of raw
materials is however a major challenge for any new entrant as they have to obtain these chemicals from
major petrochemical manufacturers and based on the availability of the petrochemical feedstock, the
prices of petrochemicals may differ.
 Economies of scale: As far as the sector forces go, scale of operation does matter. Benefits of economies
of scale are derived in the form of lower costs, R& D expenses and better bargaining power while sourcing
raw materials. It may be noted that those companies, which are integrated, i.e. have their own sources for
key raw materials such as petrochemicals and this protects them for the potential threat for new entrants
to a significant extent. Page - 41
 Government Policy: The government has few favorable policy for manufacturers in this industry. However,
there are certain discrepancies involved in allocation of petroleum resources required for manufacturing
obtaining petroleum manufacturers and the refineries that manufacture petrochemicals. Furthermore,
the regulatory clearances and other issues are some of the major problems for the new entrants.
 Product differentiation: This market has very low barriers in terms of product differentiation as it doesn't
fall into the luxury or specialty goods and thus does not have any substantial price difference. However,
certain companies do enjoy a premium for their products because of its quality and its brand value that
has already been established.
Page - 42
4.4.4. THREAT OF SUBSTITUTION (1/2)
Threat from Substitutes

Product Differentiation
3
Product Differentiation 4
2.5
2
Product Imitation 4 1.5
Beneficial Alternatives 9 0.5
Cheap Alternatives 0 Product Imitation
Cheap Alternatives 4
Beneficial Alternatives
Page - 43
4.4.4. THREAT OF SUBSTITUTION (2/2)
 Substitute products are generally produced in a different industry, but crucially satisfy the same customer
need. If there are many credible substitutes to a firm's product, they will limit the price that can be charged
and will reduce industry profits.
 For a color master batch product the threat of substitution is low as:
 The extent to which the price and performance of the substitute can match a Masterbatch composition
is difficult
 The willingness of customers to switch to a new product than a product that they have been using for
years is remote.
 Switching costs to another product incurs additional costs as the alternate or the substitute might not
be compatible for the machinery.
 If there is a threat from a rival product the firm will have to improve the performance of their products by
reducing costs and therefore prices and by differentiation. But the Masterbatch industry is free of any such
fears and has hence seen a stagnant to moderate growth market except for the growth boosted by the
plastics consumption globally for the past five years.
Page - 44
4.4.5. DEGREE OF COMPETITION
Global Masterbatches Market
Degree of Competition 2.18

Degree of Competition
4.5
4
3.5
Threat from new Entrants 3.01 3
2.5
2
Supplier's Bargaining
1.5 Threat from New Entrants
Power
1
Threat from Substitutes 2.1 0.5
0
Buyer's bargaining power 4.19
Buyer's Bargaining Power Threat from Substitutes
Supplier's bargaining
3.29
power
Page - 45
CHAPTER - 5 MASTERBATCHES MARKET - STRATEGIC ANALYSIS
Page - 46
5. MASTERBATCHES MARKET: STRATEGIC ANALYSIS
5.1. VALUE CHAIN ANALYSIS
Masterbatches Market – Value Chain & Ecosystem Analysis
Petrochemical Industry
PE/PP/PS/ABS/PBT/PVC
Plants
Retail or Masterbatches
Warehouses Manufacturers Third Party
Distributors
Fiber Producers
Automotive Electronic Medicals Packaging Food & Beverages

Textile Industry
Industry Appliances Industry Industry Packaging
Supporting Industry Segments End User Industries

Page - 47
5.2. PRICING ANALYSIS
Masterbatches Pricing Trends, 2015-2022

3.35
3.30
3.25
$/Ton
3.20
3.15
3.10
2015 2016 2017 2018 2019 2020 2021 2022
 The above graph indicates the pricing trends for master batches market globally across different end-user
verticals from 2015 - 2022. The average prices of the master batches mentioned for various applications are likely
follow the similar trend.
 Colour master batches are supposed to be amongst the cheapest additives for polymers owing to their specific
quality as well as the quantity of usage in any application. In this market price is directly related to the demand
of the products and is anticipated to have a stagnant price in the coming future in-spite of aggressively growing
end-user verticals such as automotive and packaging sector.
 There is a constant decline in the prices for master batches due to the declining prices in their feed stocks. On an
aggregate, the price of colour master batches are estimated to remain stagnant during the forecast period of
2015 to 2020. Page - 48
5.3. OPPORTUNITY ANALYSIS
MARKET OPPORTUNITY ANALYSIS MAPPING
Short Term (2014 - Medium Term Long Term (2019-

Factors
2015) (2016-2018) 2020)
Increase in plastics consumption through consumer durable
goods owing to globalization, liberalization, changing consumer
lifestyles, and economic enlargement has led to the surge in
demand for masterbatches market.
Increasing demand of plastics from construction and packaging
industries
Growing consumption of medical grade plastics has also
contributed to increased revenues for masterbatches in the
medical industry
New ventures in petrochemical and plastics sector in order to
stimulate and catalyse industrial modification in Saudi-Arabia
will also leads to increase the Masterbatches market.
Innovations in masterbatches production such as Biobased

masterbatches set to propel growth of the market
= Minor = Low = Mediocre
= Medium = High = Very High = Game Changing
Page - 49
5.4. MARKET LIFE CYCLE ANALYSIS
Masterbatches Market Life Cycle, 2015-2021
In 2022, revenue is
In 2019, revenue is estimated to reach
estimated to be $15,206.20 Million
$11,983.55 Million with a CAGR of
In 2015, 10.23%
revenue was
$7249.66
Million
Source: IndustryARC Analysis and Expert Insights
 In 2015, the revenue of Masterbatches market is estimated to be $7249.66m and is expected to grow with a CAGR
of 10.23% by 2022.
 Master batches market derive its major revenue from the plastics industry and owing to the applications and
steady demand from end user verticals such as packaging and automobiles, the market is set to grow at a strong
pace in the next five years.
 Electronic appliances and packaging for food and beverages are amongst the major revenue generators and
together they contributed approximately 48% revenues for this market. Page - 50
5.5. SUPPLIERS & DISTRIBUTORS ANALYSIS
Masterbatches – Suppliers & Distributors, By Company
MASTERBATCHES SUPPLIERS MASTERBATCHES DISTRIBUTORS

Clariant SE Padmini Petroplast Pvt. Ltd
Flamingo Additives & Colourants Pvt. Ltd.
Cabot Corporation Eurochrome s.r.l
BASF SE PolyOne Distribution
PolyOne Corporation Uniplen Indústria de Polímeros Ltda
Color Chemie en France (FR)

Hubron (International) Ltd
IMCD N.V.
 Master batches along with color masterbatches market have a streamlined distribution channel. Suppliers are
majorly petrochemical feedstock manufacturers, be it raw materials or the carriers supplied. Plastic
manufacturers buy colored polymers from polymer manufactures who use color master batches which are
then supplied to end user product manufacturers of electric appliances and automobiles among others.
 Most big players in the market follow region specific distribution strategy. Initially manufacturers used to
distribute their products through their own distribution channels but have later they adopted region specific
distribution strategy wherein manufacturers tie up with distributors across various geographies to achieve this
streamlined distribution channel. Page - 51
CHAPTER -6 MASTERBATCH MARKET - BY MASTERBATCH TYPE
Page - 52
6.1. INTRODUCTION
 Masterbatch refer to the combination of pigments and additives added to polymers to enhance the properties such as
resistant from UV-rays, degradation and others. The various types of masterbatch included in the report comprise of
Standard color masterbatch, white masterbatch, black masterbatch, additive masterbatch and many more
Global Masterbatches Market Revenue, By Type, 2015-2022 ($M)
By Type 2015 2016 2017 2018 2019 2020 2021 2022 CAGR% (2016-2022)
Standard Color Masterbatch 1,476.10 1,712.27 1,950.18 2,204.58 2,459.85 2,706.04 2,948.28 3,185.43 10.90%
White Masterbatch 1,101.51 1,301.32 1,479.95 1,633.44 1,763.55 1,893.38 2,019.86 2,132.08 8.58%
Black Masterbatch 1,243.56 1,436.90 1,637.89 1,816.47 1,996.47 2,165.37 2,332.60 2,485.22 9.56%
Special Effects Masterbatch 928.23 1,108.89 1,318.91 1,536.55 1,764.14 2,002.18 2,236.64 2,487.04 14.41%
Additive Masterbatch 2,001.50 2,339.61 2,660.05 2,963.79 3,256.98 3,540.70 3,814.75 4,076.73 9.70%
Filler Masterbatch 302.03 347.39 384.42 416.32 445.28 471.89 496.14 518.67 6.91%
Others 196.74 231.2 258.57 279.83 297.27 310.26 317.92 321.04 5.62%
Total 7,249.66 8,477.57 9,689.98 10,850.99 11,983.55 13,089.81 14,166.20 15,206.20 10.23%
 Additive masterbatch is the dominant segment for masterbatch market generating revenue of $2,001.50m in year
2015 and is anticipated to reach $4,076.73m by 2022 growing at a CAGR of 9.70% throughout the forecast period
 Special effects masterbatch is the fastest growing segment for masterbatch market growing at a CAGR of 14.41%
throughout the forecast period
Page - 53
6.2. STANDARD COLOR MASTERBATCH (1/2)
 Standard color masterbatches are mixture of pigments or additives encapsulated in a suitable carriers by heating
process. It is primarily opted for coloring plastics. Additionally, it serves great advantage such as UV stabilization,
optical brightness, surface resistivity, scratch resistant and many more. These color masterbatch are available in
various forms such as solid( granules, micro granules), liquid form
 These masterbatches are used magnificently in manufacturing process such as film and sheet extrusion,
Injection/blow moulding, pipe/profile extrusion and compounding
 These standard color masterbatches are combined with carrier materials such as LLDPE, LDPE and HDPE and are
mostly used in packaging and food & beverages industry
 Apart from packaging and food & beverages industry, these masterbatches deploy their application in building and
construction, automotive, consumer goods & appliances among others
 Rising demand for plastic products and adoption of plastics in electronics sector to drive the standard color
masterbatch market
 Key player involved in the color masterbatch market comprising of Clariant are expanding their production for
color masterbatch to cater its application in engineering resins and high temperature plastics such as polyether
ether ketone and others
 Other players such as Granula developed color masterbatch to deploy its application in 3D printing filament and
production of coffee capsules
 Demand for special effects and color in end-products to distiniguish between them will also propel the color
masterbatch market
Page - 54
6.2. STANDARD COLOR MASTERBATCH (2/2)
Standard Color Masterbatch Market Revenue and Volume,2015-2022 ($M, KT)

3,500.00 1,200.00
3,000.00 1,000.00
2,500.00
800.00
Revenue ($M)
Volume (KT)
2,000.00
600.00
1,500.00
400.00
1,000.00
500.00 200.00
- -
2015 2016 2017 2018 2019 2020 2021 2022
Volume 420.48 490.68 569.22 647.01 725.05 803.47 882.16 960.34
Revenue 1,476.10 1,712.27 1,950.18 2,204.58 2,459.85 2,706.04 2,948.28 3,185.43
 The market for standard colour masterbatch was $1,476.10m in 2015 and is anticipated to see an upsurge during the
forecast period. The market will reach $3,185.43m till 2022 growing at a CAGR of 10.90% in between 2016 to 2022.
 The main reason for the growing demand for the market is due intelligent usage of the end user industry for
bringing dramatic colors to the end use applications.
Page - 55
6.3. ADDITIVE MASTERBATCH (1/2)
 Additives masterbatches are employed for improving the performance of plastic products. The various types of
additives masterbatch comprise of antimicrobial additive masterbatch, antioxidant masterbatch, flame retardant
additives masterbatch and many more
 These additives masterbatches are present in pellet, granule or liquid form. Additive masterbatches from offer
remarkable opportunities to improve the performance of plastic products. Incorporation of additives masterbatch
in resins serves great advantage comprising of degradation from heat, shear, oxidation and others; reduction of
the overall weight of the end-products and many more
 Additives masterbatch producers are developing masterbatches that can be utilized in medical and
pharmaceutical industries
 Additives masterbatch are also used in color plastic bag, plastic toys, sheets, lids pipes and many more
 Antimicrobial additives masterbatch is the fastest growing additives.
 Asia-pacific is the fastest growing region for additives masterbatch owing to high demand and consumption of
plastic product in the region. Countries such as China and India are the developing market for additives
masterbatch due to rise in manufacturing of plastics products and implemented in diverse sector such as
automotive, transportation, food & beverage industries among others
 Flame retardant additives masterbatch utilize its application in industries for fire avoidance
 The adoption of plastic products in Middle East and Africa are also propelling the additives masterbatch market
 Additives masterbatch is the fastest growing segment among others
Page - 56
6.3. ADDITIVE MASTERBATCH (2/2)
Additive Masterbatch :Masterbatch Market Revenue and Volume,2015-2022 ($M, KT)
4,500.00 1,400.00
4,000.00
1,200.00
3,500.00
1,000.00
3,000.00
Revenue ($M)
Volume (KT)
2,500.00 800.00
2,000.00 600.00
1,500.00
400.00
1,000.00
200.00
500.00
- -
2015 2016 2017 2018 2019 2020 2021 2022
Volume 541.83 638.43 731.39 821.14 909.31 996.16 1,081.59 1,164.87
Revenue 2,001.50 2,339.61 2,660.05 2,963.79 3,256.98 3,540.70 3,814.75 4,076.73
 The market for additives masterbatches was $2,001.50m in 2015 and is anticipated to see an upsurge during the
forecast period. The market will reach $4,076.73m till 2022 growing at a CAGR of 9.70% in between 2016 to
2022
Page - 57
6.4. WHITE MASTERBATCH (1/2)
 White Masterbatch serves huge application in plastics industry. This masterbatches are responsible for providing
whiteness to the end-products. Apart from providing brightness, it is also used for brightness and opacity in the
plastics end-products
 Generally, white masterbatch are composed of titanium oxide as it provides excellent properties comprising of
color, undertone, tinting strength, high refractive index and others
 White masterbatches differ due to diverse concentration of titanium oxide in the carrier resins. 70-75% titanium
oxide masterbatch utilize its application for high end application such as thin film extrusion, blow molding,
multilayer film and others; 60-70% of the titanium oxide caters its application in injection molding, blow molding,
high end rotational molding and others; 20% of the titanium oxide masterbatches are best utilized for
thermoforming sheet extrusion of dairy food containers and many more
 White masterbatch are deployed in non-pressure pipe, specialized applications requiring white pipes, co-
extruded inner layer for inspection visibility and others
 The incorporation of white masterbatch in plastics are of huge advantage including suitable for thin film
applications, improves heat resistance, anti-fibrillation, high thermal stability, UV protector, high shinning and
others
Page - 58
6.4. WHITE MASTERBATCH (2/2)
White Masterbatch Market Revenue and Volume,2015-2022 ($M, KT)

2,500.00 900.00
800.00
2,000.00 700.00
600.00
Revenue ($M)
Volume (KT)
1,500.00
500.00
400.00
1,000.00
300.00
500.00 200.00
100.00
- -
2015 2016 2017 2018 2019 2020 2021 2022
Volume 395.95 468.20 532.29 593.00 651.30 707.39 761.25 812.26
Revenue 1,101.51 1,301.32 1,479.95 1,633.44 1,763.55 1,893.38 2,019.86 2,132.08
 The market for white masterbatches was $1,101.51m in 2015 and is anticipated to see an upsurge during the forecast
period. The market will reach $2,132.08m till 2022 growing at a CAGR of 8.58% in between 2016 to 2022.
 They can prevent degradation due to heat and shear during processing as well as UV light and oxidation in the end-
use environment. They can limit flammability to comply with key regulations and they can reduce product weight and
resin consumption, prevent the build-up of static electricity, or make plastic surfaces easier to print or laser etch.
 Due to these properties these are most widely used masterbatches in the market
Page - 59
6.5. BLACK MASTERBATCHES (1/2)
 Black Masterbatches: These type of masterbatches are manufactured on the bases of various parameters such as
opacity performance, weather resistance, mechanical properties, tack properties. These black masterbatches are
used in are mostly used in agriculture industry; manufacturing mulch films, silage stretch, silage sheet and bags,
greenhouse film, irrigation. Maintenance of polymer mechanical properties is an significant concern when selecting a
black masterbatch for agriculture industry. PE, PP are commonly used carrier materials in black masterbatches
 Some of the major factors that are accelerating the growth of masterbatch market are rising demand for black
masterbatches in construction industry
 Black Masterbatch provides color ranging from deepest, darkest blacks, to charcoal. General purpose black
masterbatches has properties such as carbon black jetness, tinting strength, UV absorption and conductivity that can
be achieved at low cost. The carbon black types used in the masterbatches provides UV stability and opacity. Apart
from these properties, black masterbatches have resistance to high temperatures and friction reduction qualities
 The major applications for black masterbatches are agricultural films, geomembrane, industrial bags, merchandise
bags, multi-layer films, protective packaging, stretch and shrink films, trash bags or can liners
 Compared to other masterbatches, the demand for black masterbatch has also been slowing and with many markets
stagnant or in decline in the processing area in the future the market will see rates slow further. The black
masterbatches are comparatively more mature along with white masterbatches and the rates of advancement for
these two are foreseen to be below the other counterparts.
Page - 60
6.5. BLACK MASTERBATCHES (2/2)
Black Masterbatches Market Revenue and Volume, 2015-2022 ($M, KT)
3,000.00 1,200.00
2,500.00 1,000.00
2,000.00 800.00
Revenue ($M)
Volume (KT)
1,500.00 600.00
1,000.00 400.00
500.00 200.00
- -
2015 2016 2017 2018 2019 2020 2021 2022
Volume 476.99 563.54 648.92 732.23 814.53 896.00 976.55 1,055.28
Revenue 1,243.56 1,436.90 1,637.89 1,816.47 1,996.47 2,165.37 2,332.60 2,485.22
 The market for black masterbatches was $1,243.56m in 2015 and is anticipated to see an upsurge during the
forecast period. The market will reach $2,485.22m till 2022 growing at a CAGR of 9.56% in between 2016 to
2022
Page - 61
6.6. SPECIAL EFFECT MASTERBATCH (1/3)
Special Effect Masterbatches- These type of masterbatches consist of pigments or fillers to achieve different visual
effect such as marble, metallic, phosphorescence, glitter, fluorescence, wood or granite. Special Effect Masterbatch
are widely used in improving the visual effects of consumer applications products. These masterbatches are used in
the products like consumer durable products, automotive and electrical applications where thermoplastics are used
for manufacturing products. There are further sub segmented into various types such as:
 Metallic Masterbatches - They are primarily used for a metallic or glittering finish on the end product. They are
manufactured with accurate amount of metallic flakes or pigments and a conventional solid coloring system.
They are suitable for injection molded items and cosmetic tubes.
 Pearlescent Masterbatches - These are specifically used for excellent visual effects on a variety of products with
sparkle finish. There are various sizes of special pearl pigments in these masterbatches that convey wide range
of colors such as gold and silver in the end product. These masterbatches are usually completely non- toxic in
nature and are having good weather resistance and are used in various applications such as food packaging,
cosmetics, electrical enclosures, decorative materials. industry. PE, HDPE, PMMX, EVA, LDPE, PP, PVC, PS, GPS
and ABS are commonly used carrier materials in pearlescent masterbatches.
Page - 62
 Fluorescent Masterbatches- These type of masterbatches are used to develop the aesthetic value of the product
with its high- grade fluorescent pigments. Fluorescent type of masterbatch emit fluorescent light with the
replication of colors it groups . These masterbatches plays an important role in the safety products where visibility
in the night time is essential. This type of masterbatches is also used in the designing of pens, caps and other
decorative products.
 Transparent Masterbatches- Transparent masterbatches are the superior quality fillers composed of inorganic
transparent powder with some special additives suitably isolated in polyolefin carrier. These are mostly used for
conveying transparency and clarity in the end products and are also accountable for refining tensile strength,
stiffness, rigidity and heat distortion temperature in the finished products.
 Marble & Granite Masterbatch- These types of masterbatches are extensively used for a smooth and mirror like
finish on the end products. It communicates a perfect granite and marble like finish in the HDPE optical fiber ducts,
furniture items and household products. Marble & Granite masterbatch is articulated from ultra-high molecular
weight poly-dimethyl-siloxane additives that are suitably dispersed in polyethylene carrier. It also delivers lubricity
and abrasion resistance to the finished product with sparkling finish. Their are various features of marble and
granite masterbatch as it delivers smooth finish to the product, reduces coefficient of friction, improves abrasion
resistance and many more.
Page - 63
Special Effect Masterbatches Market Revenue and Volume, 2015-2022 ($M, KT)
3,000.00 450.00
400.00
2,500.00
350.00
2,000.00 300.00
Revenue ($M)
Volume (KT)
250.00
1,500.00
200.00
1,000.00 150.00
100.00
500.00
50.00
- -
2015 2016 2017 2018 2019 2020 2021 2022
Volume 147.07 175.94 209.56 244.52 281.20 319.70 360.05 401.96
Revenue 928.23 1,108.89 1,318.91 1,536.55 1,764.14 2,002.18 2,236.64 2,487.04
 The market for special effect masterbatches was $928.23m in 2015 and is anticipated to see an upsurge during
the forecast period. The market will reach $2,487.04m till 2022 growing at a CAGR of 14.41% in between 2016 to
2022
Page - 64
6.7. FILLER MASTERBATCH (1/2)
 Filler masterbatches are calcium carbonate based filler compounds that are significantly used in plastic industries
to modify various properties of the base plastic or the polymers. Filler masterbatches are specially formulated by
compounding blended polyolefin with calcium carbonate in the compounding extrusion. This technique
improves the physical properties of polymers as well as reduces cost
 Calcium carbonate Filler masterbatch used with thermoplastic resins and polypropylene compounds helps in
increasing rigidity. Filler masterbatches are demanded in various industries because of its high quality
and performance in the development of plastic products
Advantages of Calcium Carbonate Filler  These masterbatches are used for

wide range of applications such
• Lower raw materials cost because they are more economic
than polymer resins as Raffia Tape, PE Carry/Shopping
• Reduction of white master batch requirement bags, Blow Molding, Injection
• Developed stiffness
• Enhanced weld ability and printability Molding, Tarpaulin, Strapping and
• Better anti-blocking properties many more
• Improved weaving ability
• Easier processing
Page - 65
6.7. FILLER MASTERBATCH (2/2)
Masterbatches Market Revenue and Volume, By Filler Masterbatches, 2015-2022 ($M, KT)
600.00 250.00
500.00
200.00
400.00
Revenue ($M)
150.00
Volume (KT)
300.00
100.00
200.00
50.00
100.00
- -
2015 2016 2017 2018 2019 2020 2021 2022
Volume 116.80 136.48 152.38 167.05 180.90 194.12 206.71 218.53
Revenue 302.03 347.39 384.42 416.32 445.28 471.89 496.14 518.67
 The market for filler masterbatches was $302.03m in 2015 and is anticipated to see an upsurge during the
forecast period. The market will reach $518.67m till 2022 growing at a CAGR of 6.91% in between 2016 to 2022
Page - 66
6.8. OTHERS (1/2)
 Others include specialty masterbatches, UV Stabilizer Typical Loading Of Masterbatch In The Plastic
Masterbatches and few more Processing Industry
Typical
 Specialty masterbatches are specially formulated ensuring Typical Filler
Additive MB Additive Filler MB
Loading
maximum performance and improving the overall loading
Calcium
properties of the end product. Some of these have Antioxidant 70% Carbonate 70%
improved flame retardancy properties while (Antifibrillation)
Mixture of Talc
guaranteeing ease of handling and offers minimized Antiblock 40% & CaCO3 (For 70%
exposure furniture)
Polymer
 These masterbatches have customized properties, focused Processing 5%
on the value-adding properties of masterbatches for Aid
UV Stabilizer
applications such as anti-static and anti-fog films, and 10%
MB
agricultural films Slip MB 10%
Optical
 Masterbatch materials in stretch hoods requires lower Brightener
5-10%
energy and possess high speed of processing compared Nucleating
10%
Agent
with shrink film. Anti-static masterbatches are used in Source: Plasticindia
plastic bottles, transparent films, electronics packaging and
 UV stabilizers masterbatches are used to resolve the
others. These products can eliminates problems such as
degradation problems related with exposure to
dust attraction, stickiness during handling and electrostatic
sunlight. These product do not absorb UV radiation,
discharges caused by static electricity. Anti-fogging
masterbatches are utilized to protect foods and other but act to prevent degradation of the polymer
contents against undesirable effects of moisture Page - 67
6.8. OTHERS (2/2)
Masterbatches Market Revenue and Volume, By Other Masterbatches,

2015-2022 ($M, KT)
350.00 160.00
300.00 140.00
120.00
250.00
100.00
Revenue ($M)
Volume (KT)
200.00
80.00
150.00
60.00
100.00
40.00
50.00 20.00
- -
2015 2016 2017 2018 2019 2020 2021 2022
Volume 79.99 95.93 108.22 118.26 126.85 133.68 138.37 141.09
Revenue 196.74 231.20 258.57 279.83 297.27 310.26 317.92 321.04
 The market for other masterbatches was $196.74m in 2015 and is anticipated to see an upsurge during the
forecast period. The market will reach $321.04m till 2022 growing at a CAGR of 5.62% in between 2016 to 2022
Page - 68
CHAPTER - 7 MASTERBATCH MARKET - BY CARRIER
Page - 69
7. CARRIERS (1/11)
 A color master batch, also referred to as a color concentrate, is a package for coloring plastics. Pigments, dyes, or
other additives are dispersed into a polymer carrier which is extruded and pelletized. Those pellets are metered,
or let down, into natural polymer, using a predefined ratio, during the molding process where additional mixing
colors the resin homogeneously. Normal addition rates vary from 1 to 4%.
 Master batches comprise color, UV and/or Heat stabilizers that are added to a polymer carrier in a concentrated
form. When added to a natural polymer at low addition rates, a master batch will alter the color, UV and/or heat
stability properties of that polymer. Master batches can be supplied at loadings up to 70% by weight and would
typically be let down into natural polymers at between1% and 5% addition rate. Master batches can be tailor
made to suit color, heat or UV requirements.
 Carrier polymers, which play the role of carrying the colorants or additives in a concentrate or masterbatch, need
to blend easily into the base polymer to help disperse the pigment or additive. In addition, they should have
minimal effect on the end-product’s physical properties. Some ‘universal’ carriers are compatible with several
different base or matrix polymers, while other carriers target a specific base polymer. Universal carriers are
desirable for minimizing inventory. Typical universal carrier resins include low molecular weight, high-flow, low-
density polyethylene (LDPE), ethylene vinyl acetate copolymer (EVA), and low molecular weight PE or
polypropylene (PP) waxes.
 In addition to better universal carriers, an ongoing request from masterbatch producers is for carriers that can hold
higher levels of pigment or additive. This is because high loadings, which use less carrier resin, are more cost-
effective for the processor.
Page - 70
7. CARRIERS (1/11)
 Titanium dioxide, for example, can already be loaded at the highest possible level (just over 80% empirical limit
based on surface area), but the loading levels of organic pigments are limited by dispersion issues.
 Good dispersion also allows lower additive loadings to have the same level of effectiveness as higher loadings,
which reduces formulation cost, according the company.
 Suppliers continue their quest for appropriate universal and low-flow carriers that have good dispersion for higher
loading levels, and they have introduced many new developments. For example, DuPont’s Elvaloy AC products are
ethylene acrylate copolymers, including ethylene methyl acrylate (EMA) and ethylene butyl acrylate (EBA).
 Elvaloy AC products have good compatibility with both non-polar and polar polymers such as PE, PP, PA, PET, PBT, PC,
ABS, and PVC. They also have broad compatibility with polar and non-polar fillers and additives, such as those used
to improve toughness and stress crack resistance.
 Clariant is taking advantage of the ability of metallocene catalysts to control the molecular weight distribution and
optimize the flow properties of polymers. Its Licocene PP 1302, 1502, 2602 and 6102 highly crystalline waxes act as
combined dispersing and carrier agents for pre-mix formulations.
 The high-performance metallocene catalyzed products can be used universally, displaying high compatibility with a
broad range of plastics. According to the company, the four grades can deliver better control and dispersion of
colorants, additives and fillers without any negative impact on the physical and mechanical properties of the
formulation. The waxes allow the pre-mix ingredients to be shaped into a granular form for convenient handling.
Page - 71
7. CARRIERS (4/11)
Masterbatches Market Revenue, By Carrier, 2015-2022 ($M)
By Carrier 2015 2016 2017 2018 2019 2020 2021 2022 CAGR% (2016-2022)
Poly Ethylene(PE) 2,102.40 2,466.97 2,812.47 3,141.28 3,460.15 3,769.76 4,069.17 4,356.58 9.94%
Poly Propylene(PP) 1,377.44 1,609.04 1,854.96 2,095.07 2,333.63 2,570.96 2,806.29 3,038.20 11.18%
Polystyrene(PS) 507.48 591.73 680.03 765.63 850.12 933.63 1,015.88 1,096.37 10.83%
Acrylonitrile Butadiene Styrene(ABS) 797.46 934.23 1,079.47 1,221.97 1,364.21 1,506.37 1,648.00 1,788.25 11.43%
Polyvinyl chloride (PVC) 652.47 765.52 874.52 978.76 1,080.32 1,179.39 1,275.67 1,368.56 10.17%
Ethylene Viny Acetate 688.72 806.22 927.4 1,045.14 1,161.59 1,276.92 1,390.75 1,502.37 10.93%
Others 289.99 355.21 395.81 431.02 461.65 487.65 508.74 524.61 6.72%
Total 7,249.66 8,477.57 9,689.98 10,850.99 11,983.55 13,089.81 14,166.20 15,206.20 10.23%
Masterbatches Market Volume, By Carrier, 2015-2022 (Kilo Tons)

By Carrier 2015 2016 2017 2018 2019 2020 2021 2022 CAGR% (2016-2022)
Poly Ethylene(PE) 697.31 824.72 929.8 1,027.07 1,118.77 1,205.30 1,286.67 1,362.12 8.72%
Poly Propylene(PP) 457.61 539.02 620.99 700.95 780.23 858.96 936.99 1,013.62 11.10%
Polystyrene(PS) 141.64 168.28 199.82 232.48 266.71 302.64 340.27 379.4 14.51%
Acrylonitrile Butadiene Styrene(ABS) 228.81 270.8 316.87 363.29 410.72 459.27 508.85 559.11 12.84%
Polyvinyl chloride (PVC) 207.01 242.79 278.32 312.6 346.22 379.26 411.65 443.1 10.55%
Ethylene Viny Acetate 174.33 204.25 239.05 274.12 309.97 346.66 384.17 422.19 12.86%
Others 65.37 76.31 87.67 97.83 106.69 113.99 119.43 122.66 8.23%
Total 2,179.10 2,569.22 2,951.99 3,323.20 3,689.14 4,050.53 4,406.69 4,754.34 10.80%
Source: IndustryARC Analysis and Expert Insights Page - 72
7. CARRIERS (5/11)
 Nowadays plastics are often specially modified for their end application and molded parts becoming more and more
complex, so specialized master batches have to be developed. Carrier systems consist of resin that is identical to that
used by the part manufacturer. This practice is often applied for the coloration of most thermoplastics.
 Unfortunately it impossible to use the same resin as carrier for the materbatch. The selection of the carrier depends
strongly upon shear sensitivity, wettability, polarity and also economics.
 When the end-product is being colored, the optimally selected and individually agreed carrier system helps the
colorant to be distributed homogenously throughout the medium ton be colored. In this way, homogenous coloring
or improvement of the mechanical or application properties can be achieved.
 Various technologies are used in the production of pigment concentrates. Depending on the carrier system, one may
distinguish them as follows:
 Pigment concentrates based on resin
 Pigment concentrates based on wax as dispersing agent and resin
 Pigment concentrates based on wax as sole carrier
 Licocene by Clariant is the sole carrier majorly used for carbon black. Excellent results can be achieved with a
combination of Licocene PP 2602 and Licocene PP 6102, for highly filled black carbon batches which can be used for
polyolefins. As sole carrier, Licocene assures optimal distribution of carbon black particles in the polymer matrix and
exhibits relatively low filter pressure values.
Page - 73
7. CARRIERS (3/11)
Carrier Materials for Master-batches

Petroleum Based Bio-based
PBS PHA
Biodegradable PBSA Cellulose
PCL Starch
PBAT
Compostable PGA PLA
PVOH
Non-biodegradable Conventional Polymers: PE, PP, PS Bio-PE, PA11, PA6, PA10, PDO
Masterbatches Market Revenue Vs. Volume Share, By Carrier, 2015 (%)

Revenue Volume
4% 3%
10% 8%
29% Poly Ethylene(PE) 6%

32%
7% Poly Propylene(PP)
Polystyrene(PS)
10%
Acrylonitrile Butadiene Styrene(ABS)
9% Polybutylene Terephthalate (PBT)
Polyvinyl chloride (PVC) 4%
4% Acrylate Copolymers
Ethylene Viny Acetate 10%
11% 19% Others
6% 21%
7%
Page - 74
7. CARRIERS (6/11)
 Polyethylene is the commonly used plastic has vast application in packaging industry. Polyethylenes are semi-
crystalline materials which have excellent chemical resistance, good fatigue and wear resistance and also have good
resistance to organic solvents. These have a higher impact strength, but lower working temperatures and tensile
strengths in comparison with polypropylene
 This is the polymer that makes grocery bags, shampoo bottles, children's toys, and even bullet proof vests. For such a
versatile material, it has a very simple structure, the simplest of all commercial polymers
 It acts as a good carrier for the masterbatches and basically goes into consumer products segment
 Antiblock masterbatch are made with help of LLDPE resin which adds high efficiency and good clarity features in it
 Polyethelene masterbatches are usually used for non UV critical horticultural, agricultural and construction uses
 Masterbatch polyethylene carrier resin can enhance acceptance and dispersion of a wide range of plastics additives
and functional fillers
 Low density Polyethylene
 Low-density polyethylene (LDPE) is a thermoplastic produced from the monomer ethylene. According to EPA, 5.7% of
LDPE can be recycled. It is not reactive at room temperature and has outstanding resistance to dilute and
concentrated acids, alcohols, bases and esters. This material is majorly used in squeeze bottles, toys, high frequency
insulation, chemical tank linings, general packaging, gas and water pipes
 LDPE is resistant to impact, moisture, chemicals and can stand up to many hazardous materials. Hence, due to these
properties it is used as carrier resins in the masterbatches Page - 75
7. CARRIERS (7/11)
 Linear Low-Density Polyethylene (LLDPE)

 Linear low-density polyethylene (LLDPE) is a linear polymer with significant numbers of short branches
by copolymerization of ethylene with olefins. It has narrower molecular weight distribution than conventional
LDPE
 LLDPE has higher tensile strength and higher impact and puncture resistance in comparison with LDPE. It is also
resistive to chemicals and exhibits good electrical properties. Its is very flexible, has natural milky color and is
translucent with high impact strength
 Low Molecular Weight Polyethylene (LMWPE)
 LMWPE is a liquid, unctuous or wax-like substance, that is a by-product of the low-density polyethylene
manufacturing process. These products are used in the manufacture of mechanical rubber products, in
construction industry and other applications.
 On the other hand Acrylate copolymer resins includes ethylene butyl-, ethyl-, and methyl-acrylates that are easily
processed on conventional equipment used by packaging film converters
 Acrylate copolymer resin improves processing and performance of any product
 Acrylate copolymer increase frozen food tray toughness, enhances material formability and boosts performance of
other materials
 Acrylate copolymer resins provides film or cast sheet converters that is versatile, cost-effective choices for a range
of packaging and non-packaging applications Page - 76
7. CARRIERS (8/11)
 Ethylene Butyl Acrylate (EBA) is a copolymer suitable for general extrusion, injection molding and used in
compounds where good flexibility, processability and mechanical properties are required. EBA copolymers exhibits
outstanding thermal stability, that allows the material to be processed at higher temperature if required. Owing to
its excellent properties, these polymers are used as carrier resins in masterbatches
 Ethylene Butyl Acrylate (EBA) are used to increase the performance of materials. These carrier resins provides
wide acceptance and finer dispersion of varieties of additives and functional fillers. These also acts as flame
retardants, slip agents, antiblock, UV stabilizers, antifog agents, antimicrobial, carbon black, and blowing agents
 EBA copolymers offers superior thermal stability to the masterbatches products. It also provides higher melting
temperatures and less sticking property in feed hopper
 Masterbatch carrier resin provides better flexibility at low temperatures, especially with EBA copolymers
 Elvaloy AC (acrylate copolymer) masterbatch carrier resin (a product of DuPont company) provides:
 More effective dispersion of difficult-to-disperse ingredients
 Wider compatibility with polar and non-polar materials which improves toughening properties and
stress cracking resistance of the final product
 Lesser loading for the same effectiveness in finished compound, resulting in cost savings
 Ethylene Vinyl Acetate is formed by co-polymerization of ethylene and vinyl acetate. It is tough, semi-opaque
materials having low upper temperatures. Ethylene-vinyl acetate as carrier polymers has better stress cracking
resistance, excellent dispersion properties, increased mechanical properties and is capable of accepting fillers
easily
Page - 77
7. CARRIERS (9/11)
 The end-products formed by this polymer in integration with masterbatch are slippers, footwear sloes, fishing
floats, specialty packaging and others
 This polymer utilize its application in food packaging, surgical products, traffic signal, ice cube trays, railways
sleeper pads, refrigerator door gaskets, baby bottle teats among others
 Ethylene vinyl acetate (EVA) when engineered with antimicrobial masterbatch caters its application in injection
molding and extrusion applications
 Moreover, this polymers are also used in application that requires high level of fire retardancy and strength
consisting of cable and wire insulations, melt adhesives, tubing and many more
 Rise in domestic demand as well as export based industry in Asia-pacific region will lead to the growth of
ethylene vinyl acetate market , thereby propelling the masterbatch market. Moreover, major ethylene vinyl
acetate producing country such as China, South Korea, Japan and Taiwan are present in the region propelling the
adoption of this polymer in diverse industries, in turn fueling the growth of masterbatch market.
 Polypropylene is one of the versatile polymers that are utilized as both plastics and fiber as end-products
 Polypropylene, thermoplastic polymers cater its application in packaging, textiles, automotive components,
consumer products and others. It is employed for producing furniture, housewares, carpets, CD and DVD boxes,
food packaging and many more
Page - 78
7. CARRIERS (10/11)
 It is also deployed for producing automotive parts such as car bumpers, dashboards, electric cables and others.
Adoption of plastics in vehicles to reduce overall weight of the vehicles and thereby increasing the fuel efficiency
will propel the demand for masterbatches in this sector
 The diverse types of masterbatch opted with polypropylene are antiblock, color, optical brighter, antioxidant
among others
 Incorporation of masterbatch in polypropylene to enhance the resin transparency and mechanical properties of
the resins, thereby increasing the productivity of the resins and enlarge the application of resin will be another
factor propelling the market growth
 Polypropylene is deriving its application in textiles industries are opted for carpets, monofilaments, geotextiles,
nonwovens, sports and leisurewear and many more
 On the other hand, Propylene based elastomers are copolymers of propylene and ethylene having better
elongation, higher impact strength, higher MFR for easy processing and others
 Propylene based elastomer as carrier polymers for masterbatch enhances the compound processing and increase
relatives production as compared to other polymers
 Propylene based elastomers used as a carrier for producing end-products serves great advantage of producing
lightweight and strong and flexible products
 It deploys its application in polypropylene modification, film, woven fabrics and others
 Adoption of propylene based elastomers offers new possibilities protecting heat sensitive additives in masterbatch
compound
Page - 79
7. CARRIERS (11/11)
 Bags made from propylene based elastomers have better stackability, are softer and has better UV resistance.
Ban on plastics bags in some regions will lead to the growth of propylene based elastomers, thereby propelling
the masterbatch market
 Others types of carrier resins used in masterbatch comprise of ABS, stryrene acrylonitrile copolymers among
others. This materbatch are highly deployed for coloring the polymers opted in diverse industries such as
automotive, construction, packaging and many more
Page - 80
CHAPTER - 8 MASTERBATCHES MARKET BY APPLICATION
Page - 81
8.1. MOLDING (1/ 7)
Injection Molding
 Injection molding is the most commonly used polymeric fabrication process. The process involves injection or forcing
of heated molten plastic into a mold which is in the form of the end product. This process is followed by cooling and
solidification to yield the end product
 There are mainly four elements that constitute the process including, molder, material, injection machine and the
mold.
 Various mold designs commercially available for use are
• Cold runner, two plate mold
• Cold runner, three plate mold
• Hot runner mold
• Insulated runner mold
 Most widely used injection moulding machines are hydraulically powered in-line screw machines, however, electric
machines seems to be more dominant all over the market in near future.
 Injection moulding covers a widespread range of applications such as household commodities like furniture,
appliances, automotive, electric switches and more.
 Majorly used thermoplastic materials are polystyrene , ABS, polyamide, polypropylene, polyethylene, and polyvinyl
chloride or PVC owing to their low cost, lacking the strength and longevity of other materials. PVC is more common in
extrusions as used for pipes, window frames, or as the insulation on wiring. Page - 82
8.1. MOLDING (2/ 7)
Source: Expert Insights and IndustryARC Analysis
 The above figure explains the injection moulding process.

 There are three major stages in injection moulding cycle; first is the injection, followed by holding pressure and
plasticating, and finally the last step involve ejection of the moulded part. After the completion of the third stage,
the mould closes again and the cycle starts over again.
 The major challenge involved in the production of parts through plastic injection molding process is, low volume
production. Moreover, color consistency and achieving custom colors for the parts at the same time is also not
possible.
Page - 83
8.1. MOLDING (3/ 7)
Blow Moulding
 Blow Moulding mainly caters to the requirements of packaging industries. Chemical Resistance, migration
resistance, quick colour development and regulatory compliance such as REACH, USFDA etc. are major industry
requirements.
 Various industries such as chemicals, pharmaceuticals, edible & lubricant oils , personal care cosmetics and more
use packaging products made through blow moulding.
 Blow moulding process represents the most prevalent way of manufacturing hollow products such as bottles,
drums, and other vessels out of thermoplastic materials.
 The standard process used is “extrusion blow molding.” However, there are various other types of this process
which include injection blow molding, biaxial stretch blow molding, and co-extrusion blow molding. All of which
utilize elements of either extrusion or injection, or both.
 In blow molding process, air pressure is used to inflate soft plastic into a mold cavity. The two factors that influence
or determines the thickness and general properties of the moulding are parison sag and die swell.
 This method is frequently used for the production of soda bottles and milk jugs in huge quantity. While bottles, tubs
and containers are manufactured rapidly and cost effectively, the prototype growth remains to be a sluggish.
Page - 84
8.1. MOLDING (4/7)
Various Types of Blow molding are:

 Extrusion blow molding
 Continuous Extrusion
 Injection blow molding
 Stretch blow molding
 Intermittent extrusion
Operation Advantages Disadvantages
 Extrusion blow molding High production rates; low tooling costs; Large amount of scrap; uses recycled scrap;
wide selection of equipment limitations on wall thickness; trimming
facility needed
 Injection blow molding No scrap; excellent thickness control; High tooling cost; larger objects not
accurate neck finishes; outstanding possible
surfaces; can produce low volume of
products
 Stretch blow Economical; improved properties; accurate
control of wall thickness; reduced weights
allowed
Page - 85
8.1. MOLDING (5/7)
Rotational Molding
Rotational molding is a plastic forming process which requires high temperature and low pressure. The process
include insertion of powder into the closed split mold and rotated in biaxial to produce a hollow part. It was first
developed early in the 20th century. But it wasn’t widely commercialized until the early 1960s.
 Process parameters of rotational molding include the

amount of powder, heating temperature and time,
rotational speed and cooling rates.

 Majorly used material for this process are thermosets
and thermoplastic such as: low density polyethylene
(LDPE), high density polyethylene (HDPE),
polypropylene, and polyvinyl chloride (PVC).
 Rotational molding authorizes production of a
uncountable number of completely or partly closed
items. Design versatility of rotationally molded pieces
is nearly unlimited.
Page - 86
8.1. MOLDING (6/7)
Heat conductivity of metals used in Some advantages of rotational molding are mentioned below:
rotational molds
 Relatively low costs for molds and tooling
BTU/hr G-cal/hr,  The rotomolding technique is simply adapted to short
Cm^2 production runs, predominantly when sets of multiple-cavity
Steel 26 31 molds are used
 Suitable for both low-volume prototypes and high-volume
Aluminum 124 148 production runs.
 Allows molded threads and mold-in inserts.
Copper 215 257  It allows controlling of deviations to within a maximum tolerance
of ±10 percent.
Source: Expert Insights and IndustryARC Analysis  plastic or metal inserts can often be molded as integral parts of
the item
 LLDPE for rotomolding was developed in the late 1970s, while the 1980s fetched a surge of non-polyethylene resins,
including nylon, polypropylene and polycarbonate for rotomolding.
 The growth of low and high density polyethylene precisely intended for rotomolding assisted rotational molders to
come into the markets where vinyl parts and processes could not compete.
 The major points of differences between rotational molding and other plastic molding processes include, use of resin
powder instead of pellets; the mold has biaxial rotation; rotomolding molds are less expensive because of their
simplicity and more.
 In rotational molding , it is very essential to choose a quality powdered resin to get the preferred end product. One
reason is the high temperatures used risk chemical degradation in a less-than-quality product.
Page - 87
8.1. MOLDING (7/7)
Usage of various resins for rotational molding

RESIN PERCENT OF MARKET
Polyethylene 84%
Polycarbonate
Nylon
Polyvinyl Chloride 15%
Polyesters
Polypropylene
ABS
Acetals
Acrylics
Cellulosics
Epoxy
Fluorocarbons 1%
Phenolics
Polybutylene
Polystyrene
Polyurethane
Silicone
Presently, approximately 84 percent of all resin used in rotational molding is polyethylene, followed by
polycarbonate, nylon, PVC, polyesters and polypropylene all holding 15% share.
Page - 88
8.2. EXTRUSION ( 1/2)
Film / Sheet Extrusion

Plastic films comprise around 25 percent of all plastic used worldwide. Developments will reflect the performance and
source reduction benefits of plastic film compared to various other packaging materials and opportunities in film
products like pouches for drugs and medical products and more. Moreover, demand is also anticipated to benefit from
film’s use in shipping, manufacturing, and building construction. LLDPE holds the major share in the plastic film market.
Film extrusion is a type of plastic extrusion process. Extrusion is a high volume manufacturing process.
 In sheet/film extrusion process, a flat die is used to extrude the molten plastic material. The cooling rolls are used
to define the thickness of sheet/film and its external consistency.
 The thickness of sheet can be obtained in the range of 0.2 to 15 mm. Generally, polystyrene plastic is used as a raw
material in the sheet extrusion process.
 The various categories of plastic materials that is used in extrusion process are Polyethylene, Polypropylene (PP),
Acetal, Acrylic, Nylon (Polyamides), Polystyrene, Polyvinyl Chloride (PVC), Acrylonitrile Butadiene Styrene (ABS) and
Polycarbonate.
 Some basic advantages of extrusion process include high production volumes, design flexibility, short lead times,
relatively low cost and more.
Page - 89
8.2. EXTRUSION ( 2/2 )
Cable Extrusion
The use of cables and wires is gaining popularity due to the increase in dependency of electrical/electronics based
industries on them . The extrusion process for cables vary depending on the end use to which they put to.
 Some of the common industries in which wire insulation is used are automotive, electronics and building. Cables
are mainly subjected to insulation and sheathing ; power cables and other LAN and Telephone cables go through
this process .
 Some basic advantages of cable extrusion process include cost effectiveness and better protection when compared
to other coating methods
Pipe Extrusion
 Apart from being cost effective, they are flexible and can be altered in shape even after the initial extrusion
process. They can also be worked with brittle material since the materials used are subjected to only slight
compressive and shear stress
 Pipe extrusion is most commonly used in building and construction sector. The rise in this sector, due to many
reasons such as increase in population and demand for better living conditions, is set to positively affect the
market for this type of extrusion
Page - 90
8.3. OTHERS
Others
Others include various other types of extrusions such as over jacketing extrusion, tubing extrusion, Co-extrusion,
extrusion coating and many more. The different types of plastic materials that can be used in extrusion process are
Polyethylene, Polypropylene (PP), Acetal, Acrylic, Nylon (Polyamides), Polystyrene, Polyvinyl Chloride (PVC),
Acrylonitrile Butadiene Styrene (ABS) and Polycarbonate.
Page - 91
CHAPTER - 9 MASTERBATCH MARKET - BY END-USER
Page - 92
9.1. INTRODUCTION (1/3)
Introduction
Masterbatch has many end uses, among which the key ones are automotive, electronic appliances, medicine
packaging, textiles, food & beverage and others. Uses of Masterbatch in electronic appliances and food & beverage
packaging are one of the major end uses.
The chief drivers of Masterbatch are strong demand from the packaging and consumer goods industry, Low cost
production requirements for packaging and more. Moreover, rising demand of plastic products and decline in
feedstock prices has instigated the Masterbatch demand globally.
Automotive

MASTERBATCHES
Consumer Goods
Medicine Packaging
Textile
Others
Page - 93
Global Masterbatch Market Revenue Share, By End-User, 2015 (%)
3%
7% 16% Automotive
11% Electronic Appliances
Medicine Packaging
Textile
16%
Consumer Goods

33% 9%
Other
5%
 In 2015, food & beverage packaging had the highest share for Masterbatch market due to the increasing
demand of packaged products in countries like China, India, Germany, France and U.S.
 Electronic appliances held the second major share due to the demand of electronic products used in
construction and other applications.
 China and Germany is poised to exhibit potential growth in automotive and electronic industries.
Page - 94
Global Masterbatch Market Revenue, By End-Users, 2015-2022 ($M)
By End Users 2015 2016 2017 2018 2019 2020 2021 2022 CAGR% (2016-2022)
Automotive 1,168.26 1,357.76 1,556.99 1,749.45 1,938.84 2,125.60 2,309.28 2,488.83 10.63%
Electronic Appliances 1,177.56 1,382.89 1,581.00 1,770.92 1,956.48 2,138.08 2,315.16 2,486.81 10.27%
Medicine Packaging 670.51 781.09 877.34 965.71 1,048.67 1,126.71 1,199.78 1,267.71 8.41%
Textile 362.84 434.45 503.86 572.52 641.58 711.17 781.12 851.00 11.86%
Food & Beverage Packaging 2,367.56 2,786.62 3,200.89 3,602.45 3,998.72 4,390.33 4,776.04 5,153.23 10.79%
Consumer Goods 751.63 850.32 968.05 1,079.02 1,185.44 1,287.30 1,384.00 1,474.98 9.61%
Building and Construction 509.43 585.28 665.30 740.94 813.82 884.16 951.76 1,016.22 9.63%
Other 241.87 299.15 318.02 369.99 400.00 426.47 449.07 467.42 7.72%
Total 7,249.66 8,477.57 9,671.44 10,850.99 11,983.55 13,089.81 14,166.20 15,206.20 10.23%
Global Masterbatch Market Volume, By End-Users, 2015-2022 (KT)
By End Users 2015 2016 2017 2018 2019 2020 2021 2022 CAGR% (2016-2022)
Automotive 365.11 428.21 490.20 549.89 608.36 665.75 721.93 776.38 10.43%
Electronic Appliances 390.93 462.84 529.17 592.91 655.25 716.38 776.22 834.25 10.32%
Medicine Packaging 232.07 276.76 313.18 347.21 379.56 410.38 439.64 467.07 9.11%
Textile 108.63 126.87 148.15 169.64 191.70 214.44 237.89 261.96 12.84%
Food & Beverage Packaging 638.48 756.17 876.36 994.93 1,113.65 1,232.67 1,351.70 1,469.65 11.71%
Consumer Goods 198.41 233.84 266.29 296.99 326.50 354.85 381.96 407.55 9.70%
Building and Construction 177.71 204.83 236.49 267.63 298.75 329.97 361.27 392.40 11.44%
Other 67.77 79.69 92.12 104.00 115.36 126.10 136.08 145.08 10.50%
Total 2,179.10 2,569.22 2,951.98 3,323.20 3,689.14 4,050.53 4,406.69 4,754.34 10.80%
Source: Expert Insights and IndustryARC Analysis Page - 95
9.2. AUTOMOTIVE (1/3)
 The top countries in the automotive industry are expected to boom over the next five years. Americas and Europe
are estimated to continue to emerge in the global automotive landscape.
 As Masterbatch have wide range of applications in this sector, the market is estimated to record significant
changes in respective countries.
 In 2014, 8.6% of the total plastic produced went into automotive application which ultimately increased the share
of Masterbatch owing to the use of the same in plastic products.
 According to Plastics Europe industry association, a rule-of-thumb is that 5% less weight means average fuel
savings of 3%. Hence, using plastic in automotive is an emerging trend.
 Masterbatch are used to give pigment or color to the plastics. So, with the growing plastic industry and its uses,
Masterbatch market is also anticipated to gain surge in the coming future.
 Presently, the interior of a modern automobile without plastics is not possible. Various types of plastics such as
polyurethane, polypropylene and polyethylene and engineering plastics like ABS, ASA, PBT, POM and PA are used
in making automobile parts like dashboards, steering wheels, carpets, loudspeaker grills and door linings as well
as seats, seat belts and airbags.
Page - 96
GLOBAL AUTOMOBILE SALES, 2010 – 2014 (UNITS)

70,000,000
60,000,000
50,000,000
Sales (Units)
40,000,000
Personal Vehicles
30,000,000 Commercial Vehicles
20,000,000
10,000,000
0
2010 2011 2012 2013 2014
The past five years have seen a period of relatively strong growth for the automobile sector supported by good
sales figures worldwide. Yet the industry is stated to face many uncertainties in the future. In terms of annual sales
the U.S. market is estimated to witness a robust growth. The European market however seems a little weak in
terms of sales, followed by the Russian and South American market. China, which is the world's largest automobile
market, has also witnessed a slump in sales while India has delivered inconsistent performance in the market. As a
result of the demand for light weight vehicles and growing environmental concerns, the industry has moved on to
adding more plastic parts to the automobile, which gives rise to the demand for colour masterbatches in
automotive applications to improve the aesthetic value of the vehicle. Page - 97
 Color and additive masterbatches for the automotive and transportation industries that yield consistent results,
time after time and from region to region is in high demand.
 Masterbatch ensure the exactly right shades and colors to the plastic parts. Moreover, they are used to give
esthetically pleasing surfaces throughout the interior as well as exterior of the vehicle. Exterior surfaces include
coloring bumpers, fenders, headlights, taillights and roof boxes from polyamide, polypropylene or plastics such as
PMMA, PC or PBT. This places very high demands on the color and additive masterbatches used in the industry.
AUTOMOTIVE Market, By Volume And Revenue, 2015-2022 (KT, $M)

 The total revenue of automotive industry is
$ 1168M in 2015 and is estimated to grow at
900.00 3,000.00
800.00 a CAGR of 10.63% to reach $ 2488M
2,500.00
700.00
600.00 2,000.00
 The total volume for the year 2015 is 365 KT
Volume (KT)
500.00 and is estimated to grow at a CAGR of
Revenue ($M)
1,500.00
400.00
300.00 1,000.00 10.43% to reach 776 KT
200.00
100.00
500.00  The automotive and conveyance markets
- -
201 201 201 201 201 202 202 202 have become even more international which
5 6 7 8 9 0 1 2
Volume 365. 428. 490. 549. 608. 665. 721. 776.
is all set to open a novel world of
Revenue 1,16 1,35 1,55 1,74 1,93 2,12 2,30 2,48 opportunities for suppliers and
Source: IndustryARC Analysis and Expert Insights manufacturers.
Page - 98
9.3. ELECTRONIC APPLIANCES (1/3)
The electronics appliances segment includes devices such as smart phones, laptops, tablets, musical instruments,
wearable devices, smart garments, gaming consoles and many others. The Masterbatch have a great market potential
in electronic market especially in places such as body part of the products where plastic is used.
 From cables and household appliances to smartphones, various latest devices created in the Electrical & Electronic
sector capitalize on new generation plastics.
 In small appliances such as smartphones plastic usage has increased along with the number of different polymer
types being used. With the advancing use of plastics, Masterbatch market is also gaining pace as it is widely used to
provide color and enhance the aesthetic value of the products.
 Plastic is extensively used in the electronic appliances industry owing the various properties it provide like
durability, cost savings, parts consolidation, design flexibility, weatherability and chemical resistance.
 In the last few years a greater number of smartphones, tablets, and big electronic appliances have started to
incorporate Masterbatch in order to enhances the perfect color suitability and performance of the plastics .
 It is anticipated that the field of audio and video recording will grow, with plastics providing the tapes and their
housings, laser-read disks and equipment casings in the future. Additionally, more electronic and electrical
products will be obtainable to people as plastics remain to bring both quality and economy to the goods we buy.
 As Masterbatch derive its application from plastics, its market will also experience surge during the forecast period
2016 to 2022.
Page - 99
Global Smartphones Shipments, 2007-2015 (Million Units)
1600
1423.9
1400
1244.74
1200
969.72
Shipments (Units)
1000
800 680.11
600
472
400 296.65
139.29 172.38
200 122.32
0
2007 2008 2009 2010 2011 2012 2013 2014 2015
The smartphones market volume increased from approximately 122 million units in 2007 to nearly 1424 million
units in 2015 growing at a CAGR of around 36%. The growing smartphones market will be one of the factors
driving the demand of Masterbatch globally.
Page - 100
Electronics Masterbatches Market, By Volume And Revenue, 2015-2022 (KT, $M)
900.00 3,000.00
800.00
2,500.00
700.00
600.00 2,000.00
Revenue ($M)
Volume (KT)
500.00
1,500.00
400.00
300.00 1,000.00
200.00
500.00
100.00
- -
2015 2016 2017 2018 2019 2020 2021 2022
Volume 390.93 462.84 529.17 592.91 655.25 716.38 776.22 834.25
Revenue 1,177.56 1,382.89 1,581.00 1,770.92 1,956.48 2,138.08 2,315.16 2,486.81
 The estimated revenue for the year 2022 is $1177 M at a CAGR of 10.27% for the forecast period of 2016
– 2022. As far as the volume is concerned it is estimated to grow from 390 KT in 2015 to 834 KT in 2022 at
a CAGR of 10.32%
Page - 101
9.4. BUILDING & CONSTRUCTION(1/2)
 Construction and infrastructure based activities have been one of the dominant industry in the past few years.
The major use of masterbatches in the field of construction include floor covering, pipes, wires and cables and
many other interior as well as exterior applications
 In many areas of the construction business, plastic has become a long-lasting, lucrative alternative to
conventional construction materials
 Plastic is extensively used in the pipes industry due to the various properties it provide like durability, cost
savings, parts consolidation, design flexibility and chemical resistance. Apart from pipes many other construction
related works including floor covering and wiring has adapted plastic as one of its base material.
 Introduction of flame retardant masterbatches into PC pipes and PC sheets has further broadened the market in
the construction sector . Anti shrinkage masterbatches are also gaining popularity in flooring and other piping
related works
 It is assumed that the construction is set to see a growth in the next five years, with plastics proving to be a major
contributor to its functioning, masterbatches are also estimated to see a surge in its growth
 As Masterbatch derive its application from plastics, its market will also experience surge during the forecast
period 2016 to 2022.
Page - 102
9.4. BUILDING & CONSTRUCTION(2/2)
Building & Construction Masterbatches Market, By Volume And Revenue,

2015-2022 (KT, $M)
450.00 1,200.00
400.00
1,000.00
350.00
300.00 800.00
Revenue ($M)
Volume (KT)
250.00
600.00
200.00
150.00 400.00
100.00
200.00
50.00
- -
2015 2016 2017 2018 2019 2020 2021 2022
Volume 177.71 204.83 236.49 267.63 298.75 329.97 361.27 392.40
Revenue 509.43 585.28 665.30 740.94 813.82 884.16 951.76 1,016.22
 Building & Construction sector is estimated to grow at a CAGR of 9.63% for the forecast period of 2016 –
2022
 Volume for the same is expected to grow at a CAGR of 11.44% from 177.71 KT in 2015 to 392 KT in 2022
Page - 103
9.5. CONSUMER GOODS(1/2)
The term consumer goods cover a range of items produced by a variety of industries keeping in mind its utility in the
hands of an average customer. Household items including items of daily use like cups, combs and other plastic related
items are some of the most commonly used items. They can also be classified as durable and non durable goods
depending on their life span
 Masterbatches in consumer goods helps brand proprietors and producers lift market appeal and end-use
performance. Some of the appearance wise positives that masterbatches provide are attractive coloring, enhanced
feel and an increase in overall appearance to the end product
 Other physical parameters such as durability and strength along with properties like fire resistance and protection
against staining are also provided by masterbatches
 The penetration of plastic into many household goods, like furniture and children’s toy, due to its cost
effective, more colorful, robust and easy-to-mold nature has in turn affected the masterbatch market in a positive
manner.
 Biodegradable plastics are gaining popularity and are found to be compatible with a majority o f master batches.
This compatibility with the greener version of plastics acts as one of the major driver for the industry. Consumer
goods in electronics industry is also on the rise with the introduction of synthetically modified polymers.
 All these factors help to propel the growth of the market for the forecast period of 2016 -2022
Page - 104
9.5. CONSUMER GOODS(2/2)
Consumer Goods Masterbatches Market, By Volume And Revenue, 2015-2022 (Kt, $M)
450.00 1,600.00
400.00 1,400.00
350.00
1,200.00
300.00
1,000.00
Revenue ($M)
Volume (KT)
250.00
800.00
200.00
600.00
150.00
400.00
100.00
50.00 200.00
- -
2015 2016 2017 2018 2019 2020 2021 2022
Volume 198.41 233.84 266.29 296.99 326.50 354.85 381.96 407.55
Revenue 751.63 850.32 968.05 1,079.02 1,185.44 1,287.30 1,384.00 1,474.98
 Consumer goods sector is estimated to grow at a CAGR of 9.61% for the forecast period of 2016 – 2022
 Volume for the same is expected to grow at a CAGR of 9.70% from 198 KT in 2015 to 407 KT in 2022
Page - 105
9.6. TEXTILES(1/2)
Textiles
 Textile production is more capital intensive and skill intensive than clothes manufacturing. Brazil is among the top
ten textile industry markets worldwide. The technical textile sector has more than 200 companies presently
functioning in Brazil, employing roughly 40,000 people.
 According to ITA, The world market for technical textiles was worth approximately $133 billion in 2012, and is
expected to reach up to $160 billion by 2018.
 Masterbatch are extensively used in textile industry for getting various shade of colors and color matching. Polyester
and polyamide Masterbatch are used for apparel, carpets and high tenacity fibres.
Global Textile Exports, By Country, 2014 (%)  China is the major supplier of textiles and apparel to the
United States.
28%
China
 In 2014, the Chinese National Bureau of Statistics
33%
Eu 28 quantified that value of exports of plastic coated fabrics,
India
medical textiles, nonwovens, canvas textiles, bags and
U.S.
3% Turkey fiberglass accounted for nearly 80 percent of the entire
3% Bangladesh technical textile
4% Others
4%  Europe also holds considerable share of 25% in textile
25%
production and exports.
Source: UN Comtrade Page - 106
9.6. TEXTILES(2/2)
Textiles Masterbatches Market, By Volume And Revenue, 2015-2022 (Kt, $M)
300.00 900.00
800.00
250.00
700.00
200.00 600.00
Revenue ($M))
Volume (KT)
500.00
150.00
400.00
100.00 300.00
200.00
50.00
100.00
- -
2015 2016 2017 2018 2019 2020 2021 2022
Volume 108.63 126.87 148.15 169.64 191.70 214.44 237.89 261.96
Revenue 362.84 434.45 503.86 572.52 641.58 711.17 781.12 851.00
 The total revenue of Textiles is $ 362M in 2015 and is estimated to grow at a CAGR of 11.86% to reach $
851M
 The total volume for the year 2015 is 108 KT and is estimated to grow at a CAGR of 12.84% to reach
261KT
Page - 107
9.7. MEDICINE PACKAGING ( 1/2 )
Medicine Packaging
 Pharmaceutical industry has been one of the highly regulated industries which emphasis for 100% quality
compared to any other industry. Medicines are an integral aspect of this industry. Growing pharmaceutical
industry instigate the demand of medicines consumed as well as the medicine packaging segment.
 Flexible packaging which is a matured market captures a significant share in the global packaging market.
According to World Packaging Organization the market for flexible packaging will reach 22.5 million tons by 2016.
This market increased by 24% from 2011 to 2016
Indian Pharmaceutical Market Revenue, 2005-2020 ($BN)
60
50
40
30
20
10
0
2005 2013 2020
Source: Indian Brand Equity Foundation Organization
Page - 108
9.7. MEDICINE PACKAGING ( 2/ 2)
 As per IBEF organization Indian pharmaceuticals market in terms of revenue was estimated to be $12 billion at a
CAGR of 9.4 % in 2013 from $6 billion in 2005, and is projected to increase at a CAGR of 23.9% to $55 billion by 2020.
 As a result, India will be among the top three pharmaceuticals market due to its dynamic growth and will be sixth
largest market in terms of size.
 In pharmaceutical segment Masterbatch are used in applications where plastic packaging is used like color of the pills
and medicine external packaging. Masterbatch are also used in devices like blood glucose monitor, dialysis equipment
and many more.
 So, the growth of pharmaceutical market in India will also positively effect on the Masterbatch market owing to its
huge use and application.
Medical Packaging Masterbatches Market, By Volume And

Revenue, 2015-2022 (Kt, $M)
 The estimated revenue for the year 2022
500.00 1,400.00 is $ 1267 M at a CAGR of 8.41% for the
450.00
1,200.00
400.00 forecast period of 2016 – 2022
350.00 1,000.00
Revenue ($M)
Volume (KT)
300.00 800.00  As far as the volume is concerned it is

250.00
200.00 600.00
estimated to grow from 232 KT in 2015
150.00 400.00
100.00 to 467 KT in 2022 at a CAGR of 9.11%
200.00
50.00
- -
2015 2016 2017 2018 2019 2020 2021 2022
Volume 232.0 276.7 313.1 347.2 379.5 410.3 439.6 467.0
Revenue 670.5 781.0 877.3 965.7 1,048 1,126 1,199 1,267

Page - 109
9.8. FOOD & BEVERAGE PACKING( 1/ 3)
 Food and Beverage industry is one such industry where the color and appearance are the most important aspects.
In the current scenario where chilled, dried, frozen, boxed and plastic wrapped foods are gaining market share,
eye-appeal is much more important than nose-appeal.
 Packaging industry uses various types of masterbatch wherein, the most frequently used masterbatch are color
and white masterbatch.
 Food & beverage producers remain to augment their focus on attractive product packaging with the use of various
custom colored masterbatch so that to get consumer attention.
 Furthermore, with the initiation of novel packaging technologies like antioxidant, UV resistant, heat resistant,
antimicrobial, and anti-fog packaging, the usage of additive masterbatch has surged significantly over the last few
years.
 The role of packaging in food & beverage industry has enhanced owing to the various functions of packaging such
as protection, preservation, brand communication, environmental and logistical functions.
 Masterbatches is used in various consumer packaged products such as pre packed produce bags, frozen food
packaging, meat wrap, boil—in-bag, snack and chip bags and many more.
 Beautiful and colorful packaging solution can influence customer buying decision.
Page - 110
Global Food Processing And Packaging Equipment Market Revenue, 2012-2020, ($BN)
40
35
30
Revenue in $BN
25
20
15
10
0
2012 2013 2014 2015 2016 2017 2018 2019 2020
Revenue 21.7 23.1 24.5 26.0 27.7 29.4 31.3 33.3 35.4
Source- IndustryARC Analysis and Expert Insights
The market for food processing and packaging equipment increased from $21.7 billion in 2012 to $24.5 billion in
2014. This market is further forecast to reach $35.4 billion in 2020. This clearly shows that the demand for
processed and packed food will increase year on year. Thus the demand Masterbatch in this segment will also
witness a growing trend.
Page - 111
Food & Beverage Packaging Masterbatches Market, By Volume And Revenue, 2015-2022 (Kt, $M)
1,600.00 6,000.00
1,400.00
5,000.00
1,200.00
4,000.00
Revenue ($M)
1,000.00
Volume (KT)
800.00 3,000.00
600.00
2,000.00
400.00
1,000.00
200.00
- -
2015 2016 2017 2018 2019 2020 2021 2022
Volume 638.48 756.17 876.36 994.93 1,113.65 1,232.67 1,351.70 1,469.65
Revenue 2,367.56 2,786.62 3,200.89 3,602.45 3,998.72 4,390.33 4,776.04 5,153.23
 Food & Beverages sector is estimated to grow at a CAGR of 10.79% for the forecast period of 2016 –
2022
 Volume for the same is expected to grow at a CAGR of 11.71% from 638 KT in 2015 to 1469 KT in 2022
Page - 112
9.9. OTHERS
 Masterbatch have a wide range of applications. Apart from the applications mentioned, Masterbatch are used in
others applications as well which include health & beauty, agriculture and many others. Master batches are widely
used in these application to meet various requirements and challenges such as color consistency and suitability,
while at the same time improving the physical properties of the polymers they are used on. Moreover, color
masterbatch optimize both aesthetics and performance for several key market segments.
Other Masterbatches Market, By Volume And Revenue, 2015-2022 (Kt, $M)

160.00 500.00
140.00 450.00
400.00
120.00
350.00
Revenue ($M)
Volume (KT)
100.00 300.00
80.00 250.00
60.00 200.00
150.00
40.00
100.00
20.00 50.00
- -
2015 2016 2017 2018 2019 2020 2021 2022
Volume 67.77 79.69 92.12 104.00 115.36 126.10 136.08 145.08
Revenue 241.87 299.15 318.02 369.99 400.00 426.47 449.07 467.42
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CHAPTER - 10 MASTERBATCHES MARKET-BY GEOGRAPHY
Page - 114
10.1. INTRODUCTION
 Masterbatch are highly deployed in various region across the globe in various industries such as automotive,
packaging, textiles, consumer goods and others
 This section deals with the region-wise segmentation of masterbatch market. The regions that are included
comprise of Americas, Europe, APAC and Row
Masterbatches Market Revenue, By Region, 2015-2022 ($M)
CAGR% (2016-
By Region 2015 2016 2017 2018 2019 2020 2021 2022
2022)
Americas 1,648.02 1,892.71 2,124.03 2,333.79 2,528.88 2,709.49 2,873.69 3,024.41 8.13%
Europe 1,797.72 2,012.92 2,208.34 2,374.06 2,517.12 2,639.96 2,743.92 2,828.72 5.83%
APAC 3,198.64 3,849.12 4,514.71 5,188.91 5,881.66 6,594.73 7,327.65 8,074.30 13.14%
RoW 605.27 722.81 842.91 954.22 1,055.88 1,145.63 1,220.95 1,278.77 9.98%
Total 7,249.66 8,477.57 9,689.98 10,850.99 11,983.55 13,089.81 14,166.20 15,206.20 10.23%
 APAC is the dominant region for masterbatch market generating revenue of $3,198.64m in year 2015 and is
forecast to reach $8,074.30m by 2022 growing at a CAGR of 13.14% throughout the forecast period
Page - 115
10.2. AMERICAS (1/3)
 America comprises of U.S., Canada, Mexico, Brazil, Argentina and others

 U.S. is the leading country for masterbatch market in year 2015 in America, generating revenue of $758.09m in
2015 and is forecast to reach $1,361.59m by 2022 growing at a CAGR of 7.75% throughout the forecast period
2016-2022
Americas Masterbatches Market Revenue, By Country, 2015-2022 ($M)
By Country 2015 2016 2017 2018 2019 2020 2021 2022 CAGR% (2016-2022)
US 758.09 870.27 973.20 1,065.55 1,150.58 1,228.42 1,298.29 1,361.59 7.75%
Canada 346.09 401.44 450.15 494.22 535.11 572.88 607.11 638.45 8.04%
Mexico 222.48 256.65 294.32 330.46 365.92 400.63 434.20 466.97 10.49%
Brazil 131.84 151.61 173.21 193.76 213.76 233.17 251.78 269.78 10.08%
Argentina 107.12 122.08 134.01 144.03 152.66 160.00 165.99 170.88 5.76%
Others 82.40 90.66 99.14 105.76 110.86 114.40 116.32 116.74 4.30%
Total 1,648.02 1,892.71 2,124.03 2,333.79 2,528.88 2,709.49 2,873.69 3,024.41 8.13%
 Additives masterbatch is the highly used masterbatch in America region. This masterbatch caters its use in
automotive, consumer goods, textiles and other applications
Page - 116
Americas Masterbatches Market Revenue, By Type, 2015-2022 ($M)

By Type 2015 2016 2017 2018 2019 2020 2021 2022 CAGR% (2016-2022)
Standard Color Masterbatch 267.74 318.28 345.19 393.97 445.61 489.77 531.97 572.86 10.29%
White Masterbatch 238.04 286.00 333.77 365.54 380.36 400.82 423.92 439.69 7.43%
Black Masterbatch 303.82 333.67 379.47 410.01 446.36 475.60 507.40 531.27 8.06%
Special Effects Masterbatch 202.36 247.86 293.37 340.17 388.27 437.70 474.47 519.28 13.12%
Additive Masterbatch 525.54 589.06 644.70 691.31 730.96 764.40 792.03 813.81 5.53%
Others 37.15 40.77 46.00 48.80 51.33 53.27 54.09 55.05 5.13%
Total 1,648.02 1,892.71 2,124.03 2,333.79 2,528.88 2,709.49 2,873.69 3,024.41 8.13%
Americas Masterbatches Market Volume, By Type, 2015-2022 (Kilo Tons)
By Type 2015 2016 2017 2018 2019 2020 2021 2022 CAGR% (2016-2022)
Others 12.85 14.55 16.46 17.50 18.46 19.20 19.55 19.94 5.40%
Total 479.40 556.66 631.02 700.84 767.57 831.46 892.43 949.92 9.32%

Americas Masterbatches Market Revenue, By End Products, 2015-2022 ($M)
By End Users 2015 2016 2017 2018 2019 2020 2021 2022 CAGR% (2016-2022)
Automotive 214.24 245.67 278.02 308.05 336.61 363.69 388.98 412.83 9.04%
Textile 65.92 73.25 83.69 93.62 103.28 112.66 121.65 130.35 10.08%
Food & Beverage Packaging 477.93 551.16 619.22 681.15 738.94 792.61 841.60 886.76 8.25%
Consumer Goods 230.72 266.87 302.15 334.95 366.18 395.82 423.55 449.73 9.09%
Other 49.44 57.35 62.54 66.57 69.65 71.78 72.93 73.19 4.15%
Total 1,648.02 1,892.71 2,124.03 2,333.79 2,528.88 2,709.49 2,873.69 3,024.41 8.13%
Americas Masterbatches Market Volume, By End Products, 2015-2022 (Kilo Tons)

By End Users 2015 2016 2017 2018 2019 2020 2021 2022 CAGR% (2016-2022)
Automotive 76.70 89.62 102.28 114.36 126.09 137.50 148.57 159.21 10.05%
Textile 19.18 22.21 25.04 27.68 30.16 32.50 34.71 36.76 8.77%
Consumer Goods 52.73 62.40 70.76 78.61 86.12 93.32 100.19 106.68 9.35%
Other 16.78 16.93 18.97 20.75 22.32 23.65 24.74 25.55 7.10%
Total 479.40 556.66 631.02 700.84 767.57 831.46 892.43 949.92 9.32%

10.2.1. U.S. (1/2)
 According to The Plastics Industry Trade Association, as of 2014, the consumption of plastics grew 6% as
compared to 2013. The increase in growth was majorly due to transportation, packaging as well as healthcare
sector. Adoption of plastics in various sector will drive the adoption of color and additives masterbatch in order to
increase the overall efficiency and look of the plastics, thereby accelerating the masterbatch market
 The presence of automotive companies in the region along with adoption of plastics in automotive sector will lead
to the growth of masterbatch market. Moreover, incorporation of plastics in vehicles in order to reduce the
overall weight of vehicle and thereby increasing the fuel efficiency and prevention of C02 emission will spur the
masterbatch market. The masterbatch are formulated with additives to resist the degrading effects of UV-light,
hydrocarbon moisture, improving dampening vibrations and many more
 Sales of light vehicles in U.S. is projected to increase in the upcoming years . It is forecast to rise up to $20.3m in
2016, according to plastics industry trade association
 Packaging industry is of the biggest market for masterbatch. Demand for movement of goods to diverse region
across the globe due to globalization and economic development will lead to the rise of plastics for better
protection of end-products a well as good atheistic. The adoption of plastics for packaging industries will drive
the masterbatch market. Additionally, growing significance of color in various market will further fuel the color
masterbatch market
Page - 119
10.2.1. U.S. (2/2)
U.S. Masterbatches Market Revenue and Volume, 2015-2022 ($M, KT)

1,600.00 450.00
1,400.00 400.00
350.00
1,200.00
300.00
1,000.00
Revenue ($M)
Volume(KT)
250.00
800.00
200.00
600.00
150.00
400.00
100.00
200.00 50.00
- -
2015 2016 2017 2018 2019 2020 2021 2022
Volume 201.35 234.36 263.76 290.86 316.28 340.16 362.50 383.10
Revenue 758.09 870.27 973.20 1,065.55 1,150.58 1,228.42 1,298.29 1,361.59
 U.S. witnessed revenue of $758.09m in 2015 for masterbatch market and is anticipated to reach $1,361.5m by
2022 growing at CAGR of 7.75% throughout the forecast period 2016-2022
Page - 120
10.2.2. MEXICO (1/2)
 Packaging industry is one of the significant sector contributing to the economy of the Mexico. According to PMMI,
some of the major factors driving the packaging market are packaging of private label goods, new business
practices and sustainability among others
 Mexico have almost 112.3 million population. Moreover, eating meals at work or purchasing pre-cooked foods
results in the adoption of packaged foods, thereby fueling the masterbatch market. Masterbatch cater its
application in food-related products comprising of frozen food packaging, meat wrap, snap & chips bags, cheese
slice wrappers and many more. Additionally, need for innovative and color packaging will lead escalate color
masterbatch. Rise in demand for packaged food is forecast to grow by 6% annually leading to the rise of
masterbatch market in the region.
 Moreover, growing middle class population and improving conditions among poor consumers which focus
primary to the growth of packaging capacities is all set to drive the masterbatch market
 Replacement of existing materials along with adoption of plastics in building and construction industries has
propelled the growth of masterbatch market in construction sector. This industry is anticipated to grow in
Mexico due to implementation of Mexico’s National Infrastructure Plans and other policies.
 Construction of new building for hospitality in tourism sector as well as new commercial building in the region
will boost the masterbatch market
Page - 121
10.2.2. MEXICO (2/2)
Mexico Masterbatches Market Revenue and Volume,2015-2022 ($M, KT)
500.00 140.00
450.00
120.00
400.00
350.00 100.00
300.00
Revenue ($M)
Volume(KT)
80.00
250.00
60.00
200.00
150.00 40.00
100.00
20.00
50.00
- -
2015 2016 2017 2018 2019 2020 2021 2022
Volume 57.53 66.91 77.05 86.94 96.72 106.44 116.06 125.49
Revenue 222.48 256.65 294.32 330.46 365.92 400.63 434.20 466.97
 Mexico witnessed revenue of $222.48m in 2015 for masterbatch market and is anticipated to reach $466.97m by
2022 growing at a CAGR of 10.49% throughout the forecast period 2016-2022
Page - 122
10.2.3 CANADA (1/2)
 Automotive production is the major segment for Canada Manufacturing sector. The increase in the production of
vehicles along with the trends of hybrid vehicles is to drive the masterbatch market. Moreover, American
investment for the automotive sector in the region will also spur the market. Masterbatch caters its use in
automotive for producing exterior parts that can withstand mechanical stress along with the temperature variation
 Canada highly adopts masterbatch for agriculture, automotive, food packaging and many more
 Production of cans, containers and other food packaging equipment is also set to increase the demand of
masterbatch in the region. Color masterbatch is highly deployed in food and packaging industries for better
appearance
 Medical sectors are also employing masterbatches for manufacturing syringes, medical equipment, pharmaceutical
bottles and others. Additionally, they are also opted for producing disposable facemarks, specialty breathable films
and many more
 Additive masterbatch are highly implemented for agricultural applications as well such as Mulch films incorporating
black masterbatch
 Other application of masterbatch in agriculture comprise of drip irrigation tubing and tape, enhanced property
greenhouse films, geomembranes and many more
Page - 123
10.2.3. CANADA(2/2)
Canada Masterbatches Market Revenue and Volume,2015-2022 ($M, KT)
700.00 250.00
600.00
200.00
500.00
Revenue ($M)
150.00
Volume(KT)
400.00
300.00
100.00
200.00
50.00
100.00
- -
2015 2016 2017 2018 2019 2020 2021 2022
Volume 100.67 116.40 131.79 146.19 159.92 173.03 185.49 197.20
Revenue 346.09 401.44 450.15 494.22 535.11 572.88 607.11 638.45
 Canada witnessed revenue of $346.09m 2015 for masterbatch market and is anticipated to reach $638.45m by
Page - 124
10.2.4. BRAZIL (1/2)
 Brazil has the third largest advanced manufacturing sector in Americas. Major industries in brazil include
petroleum, steel, iron and chemical production, miming cement manufacturing and others
 Brazil consists of around 500 pharmaceutical labs and also produces electrical equipment, aircraft, textiles, pulp &
paper and others
 As Brazil has various manufacturing industries, masterbatches are being highly used for aircraft manufacturing,
pharmaceutical and electrical equipment
Brazil, Plastics Imports And Exports, By Region,2015, ($’000)
 The figure represents imports and exports 3,500,000.00
of plastics by Brazil which impact the 3,000,000.00
2,500,000.00
Revenue ($’000)
application of masterbatches as these are
2,000,000.00
used for anti-oxidation to plastics
1,500,000.00
 Brazil contributed significant revenue for 1,000,000.00 Exports
the plastic machinery and is one of the top 500,000.00 Imports
0.00
5 countries in the U.S. for contributing
surplus revenue for injection mold for
plastics in the U.S. These factors influence
Brazil masterbatches market to grow at a
significant rate Source: World integrated Trade Solutions (WITS), IndustryARC analysis
Page - 125
10.2.4. BRAZIL(2/2)
Brazil Masterbatches Market Revenue and Volume,2015-2022 ($M, KT)

300.00 120.00
250.00 100.00
200.00 80.00
Revenue ($M)
Volume(KT)
150.00 60.00
100.00 40.00
50.00 20.00
- -
2015 2016 2017 2018 2019 2020 2021 2022
Volume 45.54 53.05 60.65 67.93 75.03 81.97 88.73 95.24
Revenue 131.84 151.61 173.21 193.76 213.76 233.17 251.78 269.78
 Brazil witnessed revenue of $131.84m in 2015 for masterbatch market and is anticipated to reach $269.78m by
Page - 126
10.2.5. ARGENTINA (1/2)
 Argentina is one of the largest economies in Latin America. Argentina witnessed significant growth over the past
decade. GDP of Argentina accounted for $583.169 billion as of 2015 which was previously $529.726 billion in 2014
 Argentina leading industries include food processing, manufacturing industry, textiles, automotive, chemical and
steel
 Some of the important imports of Argentina include chemicals, metals, plastics and others
 Manufacturing is one of the largest sector in nations economy contributing around 15% of the GDP
 Various applications of masterbatches for manufacturing activities such as in food and beverage, automotive,
textiles and others results for the demand of masterbatches in the country
 Automotive industry contributes to 9% of the Argentina Argentina: Manufacturing Statistics, 2013
overall GDP value and is one of the significant sectors for the
31% Food, beverages and tobacco
economy
 Use of masterbatches in automotive industry along with the Chemicals
39%
plastics to improve the strength and efficiency for the vehicle Machinery and transport
equipment
propel the growth in Argentina
Textiles and clothing
 Julio Garcia e Hijos SA, is the largest domestic producer of
Other manufacturing
color concentrate and compound masterbatches in Argentina 16%
6%
8%
 The figure represents the manufacturing statistics in
Source: World bank statistics
Argentina, Food & beverage has the highest percentage
compared to manufacturing in other industries Page - 127
10.2.5. ARGENTINA (2/2)
Argentina Masterbatches Market Revenue and Volume,2015-2022 ($M, KT)
180.00 80.00
160.00 70.00
140.00
60.00
120.00
50.00
Revenue ($M)
Volume(KT)
100.00
40.00
80.00
30.00
60.00
20.00
40.00
20.00 10.00
- -
2015 2016 2017 2018 2019 2020 2021 2022
Volume 35.96 40.25 45.81 51.09 56.18 61.11 65.86 70.39
Revenue 107.12 122.08 134.01 144.03 152.66 160.00 165.99 170.88
 Argentina witnessed revenue of $107.12m in 2015 for masterbatch market and is anticipated to reach
$170.88m by 2022 growing at a CAGR of 5.76% throughout the forecast period 2016-2022
Page - 128
10.2.6. OTHERS
 The other countries include Peru, Venezuela, Paraguay, Chile, Uruguay and so on. GDPs of these countries have
declined in 2014 as compared to the previous year
 Major industries in Cuba include sugar, petroleum, tobacco, construction, steel, cement, machinery and
pharmaceuticals
 Incorporating masterbatches for construction activities such as injection moldings and others would influence the
growth of masterbatches market in these countries
 Others of America witnessed revenue of $82.40m in 2015 for masterbatch market and is anticipated to reach
$116.74m by 2022 growing at a CAGR of 4.30% throughout the forecast period 2016-2022
Others Masterbatches Market Revenue and Volume,2015-2022 ($M, KT)
140.00 90.00
120.00 80.00
70.00
100.00
60.00
Revenue ($M)
Volume(KT)
80.00 50.00
60.00 40.00
30.00
40.00
20.00
20.00 10.00
- -
2015 2016 2017 2018 2019 2020 2021 2022
Volume 38.35 45.70 51.96 57.83 63.43 68.76 73.80 78.49
Revenue 82.40 90.66 99.14 105.76 110.86 114.40 116.32 116.74
Source: IndustryARC Analysis, Experts Insights

Page - 129
10.3. EUROPE(1/3)
 Europe is the second dominant region for masterbatch market growing at a CAGR of 5.83% throughout the forecast
period
 Germany is the leading country for masterbatch market in Europe region witnessing revenue of $377.52m in 2015.
Moreover, this country is forecast to reach $537.74m by 2022 growing at a CAGR of 4.11% throughout the forecast
period
Europe Masterbatches Market Revenue, By Country, 2015-2022 ($M)
By Country 2015 2016 2017 2018 2019 2020 2021 2022 CAGR% (2016-2022)
Germany 377.52 422.31 455.76 481.97 502.69 518.63 530.26 537.74 4.11%
Italy 233.7 264.1 296.21 325.55 352.88 378.37 402.06 423.74 8.20%
UK 197.75 219.81 238.97 254.57 267.47 277.98 286.31 292.49 4.88%
France 251.68 279.19 304.24 324.87 342.13 356.42 367.96 376.79 5.12%
Spain 170.78 192.44 211.52 227.83 242.02 254.31 264.83 273.54 6.04%
Benelux (Belgium, Netherland
260.67 294.89 327.86 357.2 383.81 407.94 429.69 448.92 7.25%
and Luxembourg)
Others 305.61 340.18 373.79 402.07 426.13 446.31 462.8 475.51 5.74%
Total 1,797.72 2,012.92 2,208.34 2,374.06 2,517.12 2,639.96 2,743.92 2,828.72 5.83%
 Italy is the fastest growing region for masterbatch market growing at a CAGR of 8.20% throughout the forecast period
Page - 130
10.3. EUROPE(2/3)
Europe Masterbatches Market Revenue, By Type, 2015-2022 ($M)

By Type 2015 2016 2017 2018 2019 2020 2021 2022 CAGR% (2016-2022)
Filler Masterbatch 82.64 92.48 100.67 107.36 112.9 117.42 121 123.64 4.96%
Others 43.95 45.95 49.77 52.42 54.02 54.6 54.15 52.69 2.31%
Total 1,797.72 2,012.92 2,208.34 2,374.06 2,517.12 2,639.96 2,743.92 2,828.72 5.83%
Europe Masterbatches Market Volume, By Type, 2015-2022 (Kilo Tons)

By Type 2015 2016 2017 2018 2019 2020 2021 2022 CAGR% (2016-2022)
Others 16.34 17.21 18.76 19.9 20.66 21.02 21 20.58 3.03%
Total 544.78 612.33 673.51 725.82 771.34 810.73 844.35 872.05 6.07%

10.3. EUROPE(3/3)
Europe Masterbatches Market Revenue, By End Products, 2015-2022 ($M)

By End Users 2015 2016 2017 2018 2019 2020 2021 2022 CAGR% (2016-2022)
Automotive 431.45 483.5 532.34 574.34 611.12 643.24 670.96 694.17 6.21%
Textile 89.89 109.3 121.27 131.85 141.38 149.96 157.63 164.35 7.03%
Consumer Goods 233.7 241.55 268.59 292.67 314.51 334.33 352.21 368.02 7.27%
Other 62.92 80.32 87.14 92.44 96.51 99.45 101.31 102.12 4.08%
Total 1,797.72 2,012.92 2,208.34 2,374.06 2,517.12 2,639.96 2,743.92 2,828.72 5.83%
Europe Masterbatches Market Volume, By End Products, 2015-2022 (Kilo Tons)

By End Users 2015 2016 2017 2018 2019 2020 2021 2022 CAGR% (2016-2022)
Automotive 122.57 137.96 150.61 161.1 169.92 177.27 183.24 187.84 5.28%
Medicine Packaging 54.48 60.56 66.23 70.98 75 78.39 81.18 83.37 5.47%
Textile 29.96 33.37 36.93 40.04 42.8 45.26 47.42 49.27 6.71%
Food & Beverage Packaging 141.64 160 177.91 193.82 208.23 221.25 232.94 243.22 7.23%
Consumer Goods 65.37 74.15 82.29 89.47 95.92 101.71 106.87 111.36 7.01%
Other 16.34 20.51 22.82 24.8 26.49 27.91 29.06 29.91 6.49%
Total 545 612 674 726 771 811 844 872 6.07%
10.3.1. GERMANY(1/2)
 Automotive is the largest sector in Germany and it majorly manufacture passenger vehicles. Key players of automotive
sector such as Audi, BMW and others are present in the region. Automotive engineers in Germany are focusing to
improve the production of vehicles in terms of reduced weight and mobility which will drive the masterbatch market
as well
 Increase in demand for vehicles along with rising R&D investment will maintain the competitiveness and produce
better end-products that will gradually lead to growth of masterbatch market in the region
 Increasing governmental regulation in order to reduce CO2 emissions due to transportation sector will also propel the
usage of plastics in vehicles, thereby fueling the masterbatch market
 New packaging materials being adopted by food and packaging industries for attracting customers will further lead to
the demand for masterbatch
 Moreover, by 2055, half of the German population will be more than almost 65 years of age. This will further demand
for innovative packaging solution in food and packaging industries for easy handle packaging and usage. This will
ultimately drive the masterbatch market
 Increase in popularity of small pack sizes and plastics products are further some of the key factor driving the
masterbatch market
 Rise in consumption of plastics and polymers in diverse manufacturing industries such as medical, consumer goods
and others will escalate the demand of plastics and hence to propel the masterbatch market as well
 Germany is leading plastics industry and home of more than 6,500 companies active in the region. Presence of
Page - 133
plastics industries to propel the masterbactch market Web - www.industryarc.com | Mail – sales@industryarc.com
10.3.1. GERMANY(1/2)
Germany Masterbatches Market Revenue and Volume,2015-2022 ($M, KT)
180.00 600.00
160.00
500.00
140.00
120.00 400.00
Revenue ($M)
Volume (KT)
100.00
300.00
80.00
60.00 200.00
40.00
100.00
20.00
- -
2015 2016 2017 2018 2019 2020 2021 2022
Volume 100.78 112.86 123.97 133.42 141.59 148.61 154.56 159.41
Revenue 377.52 422.31 455.76 481.97 502.69 518.63 530.26 537.74
 Germany witnessed revenue of $377.52m in 2015 for masterbatch market and is anticipated to reach $537.74m by
Page - 134
10.3.2. ITALY (1/2)
 Italy is the second largest manufacturer owing to the industrial sector in Italy after Germany and has the competitive
agricultural sector with all other European countries. Moreover, it is also one of the leading economies from the
European region owing to automotive production. Tourism is one of most profitable industries in Italy and the country
is the fifth most-visited in the world as per the recent press releases. Italy is also renowned as a tourist destination and
it used attract more than 40 million foreign visitors annually in the early 21st century
 Italy's economy has been gradually diversifying, and is being shifted from food and textiles to engineering, steel, and
chemical products in the recent years. The leading exported products from Italy include engineering products, textiles
and clothing, machinery, motor vehicles, transportation equipment, chemicals, food and beverages, tobacco, minerals,
and nonferrous metals
 Telecommunications, automotive, aerospace and so on are the major end user of plastics in this region which
extensively provide huge scope for the masterbatches in recent years
 The construction activities in this region have been escalating at faster rate because of the loss of homes during world
wars and recent recession. After that, the construction activities coupled with the tourism has been providing great
opportunities for the masterbatch products which anticipate the market to grow at a brisk rate over the forecast period
 Clothing along with ceramic industries are overwhelming their standards and has been leading in the development of
the new masterbatches in the recent years for numerous applications which has been escalating the market in the
recent years
 Owing to all these opportunities, Italy is estimated to dominate the masterbatches market revenue and estimated to
Page - 135
continue over the forecast period Web - www.industryarc.com | Mail – sales@industryarc.com
10.3.2. ITLAY(2/2)
Italy Masterbatches Market Revenue and Volume,2015-2022 ($M, KT)

140.00 450.00
400.00
120.00
350.00
100.00
300.00
Revenue ($M)
Volume (KT)
80.00 250.00
60.00 200.00
150.00
40.00
100.00
20.00
50.00
- -
2015 2016 2017 2018 2019 2020 2021 2022
Volume 76.27 86.39 95.76 104.00 111.38 117.98 123.83 128.89
Revenue 233.70 264.10 296.21 325.55 352.88 378.37 402.06 423.74
 Italy witnessed revenue of $233.70m in 2015 for masterbatch market and is anticipated to reach $423.74m by 2022
growing at a CAGR of 8.20% throughout the forecast period 2016-2022
Page - 136
10.3.3. U.K. (1/2)
 U.K. aerospace industry is one among the top five leading aerospace industries and have been continuously upgrading
their aircraft production facilities and focusing on enhancing the efficiency by the use of light weight materials
 Construction industry in U.K. contributed to the gross value of 86 billion Euros to the UK economy in 2011. Moreover,
this sector is growing at a significant rate and has been creating a scope for the masterbatch products in the coming
years
 Manufacturing sector in U.K. is quite mature and has been almost stagnant in recent years. The utilization of plastics in
the manufacturing sector has been already there and the masterbatch products has gained traction of various end
user industries in the past five years which made them popular and widely employed. Owing to these factors,
masterbatch have the slow growth rate over the forecast period
 Increase in revenue from this region is primarily because of the automotive, electronics appliances, packaging and
construction industry
 U.K. has the second major share in the textile production after Italy which was valued to be 15% of the total textile
production
 The products of PolyOne Corporation is being widely used in textile industry in this region. various types of textiles
include carpets, medical fabrics using polypropylene masterbatches in the medical industry and more. These products
are a major factor for the growth of masterbatches in this region
 Recyclable and second-hand clothing is also one of the prominent end user industry for the masterbatches from the
recent past and anticipate to continue in the coming years Page - 137
10.3.3. U.K. (1/2)
U.K. Masterbatches Market Revenue and Volume,2015-2022 ($M, KT)

90.00 350.00
80.00
300.00
70.00
250.00
60.00
Revenue ($M)
Volume (KT)
50.00 200.00
40.00 150.00
30.00
100.00
20.00
50.00
10.00
- -
2015 2016 2017 2018 2019 2020 2021 2022
Volume 49.03 54.99 60.46 65.13 69.19 72.70 75.68 78.14
Revenue 197.75 219.81 238.97 254.57 267.47 277.98 286.31 292.49
 U.K. witnessed revenue of $197.75m in 2015 for masterbatch market and is anticipated to reach $292.49m by 2022
growing at a CAGR of 4.88% throughout the forecast period 2016-2022
Page - 138
10.3.4. FRANCE (1/2)
 The chemical industry is one of the dominant industries in France which have been continuously developing and have
been offering products to various manufacturing industries including automotive, construction, electronics, textiles
and so on
 Aerospace and defense, ship building, pharmaceuticals, automotive, construction and so on has also been other
prominent industries in France
 France is the most popular tourist destination with more than 83.7 million foreign tourists in 2014. Increase in tourism
to France has escalated the construction sector in the recent years. The consumer preferences for luxury living has
changed the construction strategies and increased the adoption of new corrosion resistant, insulated, harder and less
weight plastic materials. Masterbatch process has also underwent changes in order to enhance the properties which
has escalated the utilization of masterbatch products in the recent years especially in construction sector
 France is the headquarters to major automotive companies such as PSA Peugeot Citroen and Renault SA. Commercial
vehicles are the major end products from France automotive industry where there have been an extensive utilization
of masterbatched plastic materials in the recent years to reduce the overall weight of the vehicle with same
functionalities
 Production of energy and electricity is one of the leading segments where there is an extensive scope for the
utilization of these products in the coming years which is estimated to propel the market growth over the forecast
period
Page - 139
10.3.4. FRANCE (2/2)
France Masterbatches Market Revenue and Volume,2015-2022 ($M, KT)
120.00 400.00
350.00
100.00
300.00
80.00
250.00
Revenue ($M)
Volume (KT)
60.00 200.00
150.00
40.00
100.00
20.00
50.00
- -
2015 2016 2017 2018 2019 2020 2021 2022
Volume 70.82 80.22 87.59 93.71 98.86 103.16 106.66 109.36
Revenue 251.68 279.19 304.24 324.87 342.13 356.42 367.96 376.79
 France masterbatches market revenue accounted for $251.68m in 2015 and is estimated to reach $376.79 m by the
end of 2022 with a CAGR of 5.12% over the forecast period
Page - 140
10.3.5. SPAIN (1/2)
 Spain ranked among the top 10 countries in the world class infrastructure in 2012-2013 and has been extensively
focusing on the development of infrastructure which has paved the way for the emergence of new plastic products and
to enhance the capabilities of these materials, masterbatches has gained the traction of many manufactures in these
years in Spain
 According to the latest rankings compiled by the publication Public Works Financing, the Spanish infrastructure
concession companies lead 262 transport infrastructure worldwide representing 36% of the total which has been
promoting the masterbatch plastic materials in this sector and has been elevating the market growth
 During the last four decades Spain's foreign tourist industry has grown into the second-biggest in the world and was
worth approximately €40 billion and have been contributing to the significant share to overall GDP
 Owing to this, the demand for the masterbatch plastic products has been continuously increasing especially from the
commercial buildings which has been strengthening the market growth
 In 2015 Spain was the 8th largest automobile producer country in the world and the 2nd largest car manufacturer in
Europe after Germany which have been continuously upgrading the comforts in the vehicles by the use of advanced
materials and has been attaining the efficiency of the automobile which have bolstered the use of masterbatch plastics
which boosted the market growth and this progress is estimated to continue over the forecast period
Page - 141
10.3.5. SPAIN (2/2)
Spain Masterbatches Market Revenue and Volume,2015-2022 ($M, KT)
80.00 300.00
70.00
250.00
60.00
200.00
50.00
Revenue ($M)
Volume (KT)
40.00 150.00
30.00
100.00
20.00
50.00
10.00
- -
2015 2016 2017 2018 2019 2020 2021 2022
Volume 46.31 52.29 57.64 62.25 66.30 69.83 72.88 75.43
Revenue 170.78 192.44 211.52 227.83 242.02 254.31 264.83 273.54
 Spain masterbatch products market revenue was valued to be $170.78m in 2015 and is projected to grow at a brisk
rate with a CAGR of 6.04% over the forecast period and is estimated to reach $273.54m by 2022
Page - 142
10.3.6. BENELUX (BELGIUM, NETHERLAND
AND LUXEMBOURG) (1/2)
 Benelux includes the countries Belgium, Netherlands and Luxembourg
 The Benelux region has the largest concentration of production accounting for about 15% of the total for Europe in
2015 primarily because of the presence of several large scale producers such as Ampacet, A. Schulman, Cabot and
PolyOne
 The economy of all these countries prominently depend upon the industries including steel, telecommunications
infrastructure, tourism and so on which have been creating an extensive scope for the adoption of plastics in the
recent years and has been increasing the masterbatch products for windows, doors in construction industry and
insulation, cables and cable glands in telecommunications infrastructure industry and piping systems in the steel
industries which have been creating a major share in terms of revenues to the overall masterbatch product revenues
from the recent
 Benelux is also a significant market for the consumption of masterbatch thanks to the presence of several large scale
film and fibre producers in the region and significant polymer compounding activity
 The additive segment is greater than the size of the black market and almost equal to the colour segment in these
region
 Black masterbatch demand has also been slowing and with many markets stagnant or in decline in the processing area
in the future the market will see rates slow further especially in these economies and the same trend can be seen
across all the European countries
Page - 143
10.3.5. BENELUX (BELGIUM, NETHERLAND
AND LUXEMBOURG) (2/2)
Benelux Masterbatches Market Revenue and Volume,2015-2022 ($M, KT)

160.00 500.00
140.00 450.00
400.00
120.00
350.00
100.00
Revenue ($M)
300.00
Volume (KT)
80.00 250.00
60.00 200.00
150.00
40.00
100.00
20.00 50.00
- -
2015 2016 2017 2018 2019 2020 2021 2022
Volume 87.16 98.59 109.55 119.28 128.06 135.98 143.08 149.30
Revenue 260.67 294.89 327.86 357.20 383.81 407.94 429.69 448.92
 Benelux masterbatch products market combined revenue was valued to be $260.67m in 2015 and is projected to grow
at a rapid rate with a CAGR of 7.25% over the forecast period and is estimated to reach $448.92m by 2022
 These countries combined CAGR is the fastest growing in contrast with all other economies from European region
Page - 144
10.3.6. REST OF EUROPE
 Rest of Europe includes Denmark, Switzerland, Austria and so on countries. Austria has a strong economy with
tourism, machinery, metallurgical products and textiles. Textile being the important industry for Austria and huge
usage of masterbatches for this industry propel the growth of the market in this region
 Application of masterbatches in electronic appliances and textiles would contribute to the growth of masterbatch
market in Switzerland
 Application of masterbatches in Food, textiles, electronics, medical and pharmaceuticals in Denmark results to the
significant growth of revenue for masterbatches in Denmark
 Rest of Europe’s masterbatch market was
Others of Europe Masterbatches Market Revenue and Volume, $305.61m in 2015 which is poised to reach
2015-2022 ($M, KT)
200.00 500.00 $475.51m by 2022, growing at a CAGR of
180.00 450.00
160.00 400.00 5.74% during the forecast period of 2016 to
140.00 350.00
2022
Revenue ($M)
Volume (KT)
120.00 300.00
100.00 250.00  The growth is primarily attributed because of
80.00 200.00
the increasing demand for these
60.00 150.00
40.00 100.00 masterbatches in various industries such as
20.00 50.00
- -
textiles and electronics in Austria,
2015 2016 2017 2018 2019 2020 2021 2022
Volume 114.4 126.9 138.5 148.0 155.9 162.4 167.6 171.5 Switzerland and so on countries
Revenue 305.6 340.1 373.7 402.0 426.1 446.3 462.8 475.5
Page - 145
10.4. APAC (1/4)
Asia Pacific’s masterbatches market is comprehended on the basis of major countries including China, Japan, South Korea,
India, Taiwan, Indonesia, Thailand, Malaysia and Rest of APAC
 The increased demand for automobiles, followed by regulatory laws demanding lighter automobiles, plastics’
application in the automobile is estimated to substantially increase in APAC. This increase in plastic consumption will
positively effect the masterbatches market as well
 APAC’s masterbatches market
APAC: Masterbatches Market Revenue and Volume, 2015-2022 ($M, KT) was $3198.6m in 2015 and is
3,000.00 9,000.00 anticipated to see an upsurge
8,000.00 during the forecast period.
2,500.00
7,000.00 The market will reach
2,000.00 6,000.00 $8,074m till 2022 growing at a
Revenue ($M)
Volume (KT)
5,000.00 CAGR of 13.14% in between

1,500.00
4,000.00 2016 to 2022
1,000.00 3,000.00
2,000.00
500.00
1,000.00
- -
2015 2016 2017 2018 2019 2020 2021 2022
Volume 980.60 1,190.4 1,401.6 1,617.0 1,839.6 2,069.9 2,307.8 2,551.6
Revenue 3,198.6 3,849.1 4,514.7 5,188.9 5,881.6 6,594.7 7,327.6 8,074.3
Page - 146
10.4. APAC (2/4)
APAC Masterbatches Market Revenue, By Type, 2015-2022 ($M)
By Type 2015 2016 2017 2018 2019 2020 2021 2022 CAGR% (2016-2022)
Standard Color Masterbatch 655.99 765.45 904.70 1,047.60 1,196.15 1,350.74 1,511.30 1,676.78 13.96%
White Masterbatch 448.85 547.38 633.52 718.35 803.16 888.10 972.98 1,057.04 11.59%
Black Masterbatch 597.95 716.72 834.30 951.45 1,069.87 1,189.75 1,310.86 1,430.97 12.21%
Special Effects Masterbatch 396.46 476.32 579.41 690.54 811.56 943.33 1,086.48 1,240.93 17.30%
Additive Masterbatch 882.34 1,073.95 1,258.20 1,444.21 1,634.62 1,829.81 2,029.53 2,232.25 12.97%
Others 95.31 120.46 135.05 147.60 158.18 166.58 172.50 175.56 6.48%
Total 3,198.64 3,849.12 4,514.71 5,188.91 5,881.66 6,594.73 7,327.65 8,074.30 13.14%
APAC Masterbatches Market Volume, By Type, 2015-2022 (Kilo Tons)

By Type 2015 2016 2017 2018 2019 2020 2021 2022 CAGR% (2016-2022)
Standard Color
193.57 227.52 270.89 316.01 363.53 413.61 466.28 521.30
Masterbatch 14.82%
Special Effects
63.74 76.80 93.69 111.99 132.00 153.88 177.75 203.62
Masterbatch 17.65%
Others 42.95 54.84 62.13 68.62 74.33 79.12 82.82 85.23 7.62%
Total 980.60 1,190.40 1,401.68 1,617.07 1,839.66 2,069.97 2,307.83 2,551.65 13.55%
Page - 147
10.4. APAC (3/4)
APAC Masterbatches Market Revenue, By End Products, 2015-2022 ($M)

CAGR% (2016-
By End Users 2015 2016 2017 2018 2019 2020 2021 2022
2022)
Automotive 380.33 466.09 556.75 651.67 752.27 858.99 972.03 1,090.78 15.22%
Electronic Appliances 575.89 691.88 810.20 929.68 1,052.09 1,177.73 1,306.49 1,437.28 12.96%
Textile 173.75 212.07 252.30 294.12 338.16 384.57 433.43 484.42 14.76%
Food & Beverage Packaging 1,216.80 1,464.67 1,718.44 1,975.64 2,240.06 2,512.37 2,792.40 3,077.83 13.18%
Consumer Goods 220.62 262.25 303.84 344.96 386.24 427.79 469.54 511.07 11.76%
Other 108.33 129.17 135.31 169.66 189.05 207.75 225.54 242.00 11.03%
Total 3,198.64 3,849.12 4,514.71 5,188.91 5,881.66 6,594.73 7,327.65 8,074.30 13.14%
APAC Masterbatches Market Volume, By End Products, 2015-2022 (Kilo Tons)

CAGR% (2016-
By End Users 2015 2016 2017 2018 2019 2020 2021 2022
2022)
Automotive 127.48 154.51 182.97 212.29 242.89 274.86 308.19 342.69 14.20%
Textile 49.03 58.69 71.36 85.02 99.89 116.07 133.64 152.59 17.26%
Consumer Goods 63.74 77.50 90.07 102.56 115.17 127.91 140.76 153.61 12.08%
Other 29.42 35.83 42.89 49.83 56.97 64.14 71.23 78.08 13.86%
Total 980.60 1,190.40 1,401.68 1,617.07 1,839.66 2,069.97 2,307.83 2,551.65 13.55%
Page - 148
10.4. APAC (4/4)
APAC Masterbatches Market Revenue, By Country, 2015-2022 ($M)

CAGR% (2016-
By Country 2015 2016 2017 2018 2019 2020 2021 2022
2022)
China 1,343.43 1,614.71 1,888.31 2,163.87 2,445.50 2,733.86 3,028.70 3,327.42 12.81%
Japan 575.76 700.93 823.78 948.69 1,077.50 1,210.55 1,347.79 1,488.09 13.37%
Taiwan 175.93 209.78 245.06 280.53 316.70 353.67 391.40 429.55 12.69%
South Korea 367.84 432.26 509.01 587.35 668.40 752.41 839.35 928.54 13.59%
Thailand 175.93 214.78 254.06 294.47 336.62 380.63 426.52 473.96 14.10%
Malaysia 191.92 230.18 270.13 310.64 352.31 395.24 439.41 484.46 13.20%
Indonesia 135.94 168.98 203.93 241.17 281.29 324.52 371.03 420.67 16.42%
India 103.96 123.56 143.38 163.03 182.83 202.80 222.94 243.04 11.94%
Others 127.95 153.96 177.05 199.15 220.51 241.03 260.52 278.56 10.39%
Total 3,198.64 3,849.12 4,514.71 5,188.91 5,881.66 6,594.73 7,327.65 8,074.30 13.14%
Source: IndustryARC Analysis and Expert Insights.
 China is the dominant region in APAC which accounted net revenue of $1,343.43m in 2015 and is anticipated to see
an upsurge during the forecast period. China’s masterbatches market will reach $3,327.42m till 2022 growing at a
CAGR of 12.81% in between 2016 to 2022 Page - 149
10.4.1. CHINA (1/2)
 China has become the world’s largest resin consumer and it overwhelmingly drives the overall deficit in plastic products
trade. The Chinese deficit with the U.S. rose from $10.9 billion in 2013 to $11.5 billion in 2014. The U.S. trade deficit
with China is more than 10 times larger than the plastic products deficit with Taiwan, the second largest.
 Over past few years, China has evolved to be one of the leading country for masterbatch exporting. This significant
growth in China masterbatch market is anticipated due to rising demand from major end use industries such as
packaging, building and construction and automotive industries
 China is the largest manufacturer of automotive industry with 24,503,326 vehicle produced in 2015. Therefore, rise in
production of automotive will directly affect the demand of masterbatches market in China
 A major proportion of the additive masterbatch demand in China is accounted for by the use of anti-fibrillation
masterbatch for the woven flat yarn raffia market.
 In China, introduction of western lifestyle has established the concepts of super markets and large retail chains which
has projected the growth of masterbatches. This growth is mainly due to the growing need for more sophisticated
packaging products for consistency and superior aesthetics.
 UK-based Colloids Ltd. had set-up its first masterbatch manufacturing plant in China in 2014. The initial investment for
the masterbatch manufacturing plant was $6m. This plant was company’s first manufacturing facility outside U.K. The
plant has initial capacity to manufacture 3500 tons of masterbatch per annum.
Page - 150
10.4.1. CHINA (2/2)
China: Masterbatches Market Revenue and Volume, 2015-2022 ($M, KT)

1,200.00 3,500.00
3,000.00
1,000.00
2,500.00
800.00
Revenue ($M)
Volume (KT)
2,000.00
600.00
1,500.00
400.00
1,000.00
200.00
500.00
- -
2015 2016 2017 2018 2019 2020 2021 2022
Volume 451.07 546.99 640.20 734.15 830.19 928.52 1,029.01 1,130.89
Revenue 1,343.43 1,614.71 1,888.31 2,163.87 2,445.50 2,733.86 3,028.70 3,327.42
 China’s masterbatches market was $1,343.43m in 2015 and is anticipated to see an upsurge during the forecast
period. The market will reach $3,327.42m till 2022 growing at a CAGR of 12.81% in between 2016 to 2022
Page - 151
10.4.2. JAPAN (1/2)
 Japan has a large industrial capacity, and is home to some of the largest and most technologically advanced producers
of automotive, electronics, machine tools, chemical substances and so on. Japan is the mature and have been
possessing the sluggish growth rate in the recent years.
 Master batches finds its applications in the sectors including automotive, electronics, chemical substances and some
other sectors including light materials processing machine tools and so on.
 Increasing demand for the plastic products in the automotive sector owing to the emphasis to reduce the weight and
increase the efficiency of the vehicles has been amplifying the utilization of plastics and to enhance the physical
properties of those plastics has been intensifying the utilization of masterbatches which have been propelling the
market growth.
 In addition, rising demand from the consumer electronics industry by the emergence of new technologies and
advanced processing methods has been strengthening the usage of plastics by the addition of masterbatches to
provide insulation and so on properties has been escalating the market growth in the recent years.
 Polyethylene, polypropylene are estimated to be the prominently used materials in these sectors at a brisk rate and is
estimated to continue over the forecast period.
Page - 152
10.4.2. JAPAN (2/2)
Japan: Masterbatches Market Revenue and Volume, 2015-2022 ($M, KT)

400.00 1,600.00
350.00 1,400.00
300.00 1,200.00
250.00 1,000.00
Revenue ($M)
Volume (KT)
200.00 800.00
150.00 600.00
100.00 400.00
50.00 200.00
- -
2015 2016 2017 2018 2019 2020 2021 2022
Volume 127.48 157.25 186.96 217.79 250.18 284.24 319.98 357.23
Revenue 575.76 700.93 823.78 948.69 1,077.50 1,210.55 1,347.79 1,488.09
 Japan’s masterbatches market was $575.76m in 2015 and is anticipated to see an upsurge during the forecast period.
The market will reach $1,488.09m till 2022 growing at a CAGR of 13.37% in between 2016 to 2022
Page - 153
10.4.3. TAIWAN (1/1)
 Major industries in Taiwan includes electronics, Taiwan: Masterbatches Market Revenue and Volume,
2015-2022 ($M, KT)
petroleum refining, food processing, vehicles,
200.00 500.00
consumer products, pharmaceuticals
180.00 450.00
 Color masterbatches and special effect
160.00 400.00
masterbatches are demanded in household
140.00 350.00
appliance market in Taiwan to impart the desired
120.00 300.00
Revenue ($M)
Volume (KT)
color/special effect to the appliance. For 100.00 250.00
automotive, aerospace and transport industries, 80.00 200.00
antistatic, UV stability, mold release, 60.00 150.00
antibacterial masterbatches are used 40.00 100.00
 Taiwan has truly developed as a global leader in 20.00 50.00
- -
the semiconductor and microelectronics industry. 2015 2016 2017 2018 2019 2020 2021 2022
Volume 58.84 71.54 86.37 102.1 119.1 137.4 157.1 178.1
Engineering polymer specific masterbatches with Revenue 175.9 209.7 245.0 280.5 316.7 353.6 391.4 429.5
high flame retardancy and electrical conductivity Source: IndustryARC Analysis and Expert Insights
are used in this industries
 Taiwan’s masterbatches market was $175.9m in 2015 and is anticipated to see an upsurge during the forecast period.
The market will reach $429.5m till 2022 growing at a CAGR of 12.69% in between 2016 to 2022
Page - 154
10.4.4. SOUTH EAST ASIA (1/4)
(SOUTH KOREA, THAILAND, MALAYSIA, INDONESIA)
• The outlook of masterbatches in South East Asian regions (for this report consists of South Korea, Thailand, Malaysia and
Indonesia) is quite buoyant. Demand pattern in this region is quite diverse with countries like South Korea and Malaysia
having scope for growth of sophisticated masterbatches, while countries like Indonesia constitute a small but rapidly
growing market. IndustryARC analysts estimate that masterbatches will grow over 14.39% through 2022 in these
countries.
• South East Asian regions saw an above expected growth despite an economic slowdown, supported by robust growth in
the automotive and electrical sector. Demand is stronger for large commodity masterbatches in China where coloring
with masterbatch is quite prevalent. Growth of packaging sector has helped in growth of masterbatches.
• South Korea, the second largest market in Asia, has a well developed market as local processing is relatively sophisticated
and operates at Western and Japanese standards. Leading suppliers include Cho Yang, Clariant and Toyo. The largest
masterbatch producer in Thailand is Ampacet, producing white and additive masterbatch. Ampacet has substantially
increased its capacity in recent years to add color and additive products. It primarily makes color masterbatch for the
local market and white and additive more for export markets. The performance of the masterbatch market in Malaysia in
2015 was one of the weakest in the region. The most rapid growth has been seen in Indonesia where there have been
very strong increases in plastics processing over the past five years, although the use of masterbatch products is relatively
unsophisticated with the market similar to that of China 20 years ago.
• South Korea and Thailand are the other significant masterbatch markets, accounting for 11% and 5.5% of the APAC
demand respectively. Both have well developed markets for masterbatch as the local processing industry is relatively
sophisticated generally operating to high standards. A strong growth market in recent years, although starting from a
relatively small base, has been seen in Indonesia which saw significant growth in plastics processing. However, the use of
masterbatch is still relatively unsophisticated, but it has already attracted a number of foreign investors for masterbatch
production such as Clariant and Culamix.
• South Korea became a leading producer of ships, including oil supertankers and oil-drilling platforms and have been using
the plastics for various applications including piping systems and so on which have been amplifying the utilization of the
plastics materials which are processed by the addition of masterbatches to attain the properties required for the piping
systems used in the ships.
Page - 155
 South Korea has been one of the leading countries in the sectors including ship building, automotive, construction,
consumer electronics and so on. The major share of economy is being generated from automotive, ship building and
consumer electronics in this region
 Hyundai heavy industries, Samsung heavy industries, Daewoo shipbuilding & Marine engineering and STX offshore &
shipbuilding and so on are the companies which have the large footprint in the ship building industry which have been
widely utilizing the masterbatches from the recent past
 The automobile industry was one of South Korea's major growth and export industries from the past decades and the
implementation of new technologies and new materials in the automotive sector is growing at a rapid rate
 There have been an escalating demand for the less weight vehicles which has been elevating the usage of plastics in
the automotive production and has been propelling the market growth
 The consumer electronics segment is continuously strengthening in this region. Presence of consumer electronics
pioneer Samsung Electronics Co. Ltd and so on companies has been coming up with the R&D on plastic materials and
has been boosting the utilization of these masterbatches which has been heightening the market growth
Page - 156
Thailand: Masterbatches Market Revenue and Volume, Malaysia: Masterbatches Market Revenue and Volume,
2015-2022 ($M, KT) 2015-2022 ($M, KT)
500.0 250.0 600.0 140.0
450.0
120.0
500.0
400.0 200.0
350.0 100.0
400.0
Revenue ($ Million)
Revenue ($ Million)
Volume (Kilo Ton)

Volume (Kilo Ton)
300.0 150.0
80.0
250.0 300.0
60.0
200.0 100.0
200.0
150.0 40.0
100.0 50.0 100.0

20.0
50.0
0.0 0.0
0.0 0.0 201 201 201 201 201 202 202 202
201 201 201 201 201 202 202 202
5 6 7 8 9 0 1 2
5 6 7 8 9 0 1 2
Revenue ($ Million) 191.9 230.2 270.1 310.6 352.3 395.2 439.4 484.5
Revenue ($ Million) 175.9 214.8 254.1 294.5 336.6 380.6 426.5 474.0
Volume (Kilo Tons) 49.0 56.9 67.7 79.0 90.9 103.4 116.6 130.4
Volume (Kilo Tons) 83.4 100.4 118.3 136.7 155.7 175.5 195.9 216.9
Revenue ($ Million) Volume (Kilo Tons)
Revenue ($ Million) Volume (Kilo Tons)
Source: IndustryARC Analysis and Expert Insights Source: IndustryARC Analysis and Expert Insights
Page - 157
Indonesia: Masterbatches Market Revenue and Volume, South Korea: Masterbatches Market Revenue and Volume,
2015-2022 ($M, KT) 2015-2022 ($M, KT)
450.0 120.0 1000.0 350.0
400.0 900.0
300.0
100.0
800.0
350.0
700.0 250.0
300.0 80.0
Revenue ($ Million)
Revenue ($ Million)
Volume (Kilo Ton)

Volume (Kilo Ton)
600.0
250.0 200.0
60.0 500.0
200.0 150.0
400.0
150.0 40.0
300.0 100.0
100.0 200.0
20.0
50.0
50.0 100.0
0.0 0.0 0.0 0.0

201 201 201 201 201 202 202 202 201 201 201 201 201 202 202 202
5 6 7 8 9 0 1 2 5 6 7 8 9 0 1 2
Revenue ($ Million) 135.9 169.0 203.9 241.2 281.3 324.5 371.0 420.7 Revenue ($ Million) 367.8 432.3 509.0 587.3 668.4 752.4 839.3 928.5
Volume (Kilo Tons) 44.1 52.3 60.6 68.8 77.1 85.4 93.8 102.1 Volume (Kilo Tons) 107.9 130.1 155.3 181.7 209.5 239.0 270.2 302.9
Revenue ($ Million) Volume (Kilo Tons) Revenue ($ Million) Volume (Kilo Tons)
Source: IndustryARC Analysis and Expert Insights Source: IndustryARC Analysis and Expert Insights
Page - 158
10.4.6. INDIA (1/2)
 In India, masterbatches market depends on the growth of the plastic industry. Large scale domestic production of
polymers is driving growth in the processing industry. With introduction of bio-additives, usage of masterbatches
products holds positive prospects for the manufacturing of bio-degradable plastics.
 The plastic production in India is expected to be doubled in India, masterbatches manufacturers are also expanding
their capacity. Many masterbatch producers in India such as Prayag Polytech are increasing their masterbatch making
capacity as well as opening new manufacturing facilities.
 The development of anti-microbial masterbatches, flame retardant masterbatches and antioxidant masterbatches has
accelerated the growth of the market for masterbatches across various end user industries.
Masterbatches Demand in India  The leading player of the market in India includes
900 Plastiblends India, Clariant Chemicals, Poddar Pigments,
800
700
Plastichemix and Ampacet Corporation. Welset Plast
600 Extrusions in India is manufacturer of high-quality color,
Demand (KT)
500
400 white and black masterbatches, filler masterbatches and
300
specialty additive masterbatchers. These products are
200
100 has a wide range of applications in low-temperature
0
White/Black/Colour +
Filler Masterbatch cables, railways signaling cables, lead-free PVC
Additive
2012-2013 255 515 compounds, wiring harness compounds and Fire
2016-2017 (Estimated) 400 800
Retardant Low Smoke (FRLS) compounds. Page - 159
Source: Plasticindia
10.4.6. INDIA (2/2)
India: Masterbatches Market Revenue and Volume, 2015-2022 ($M, KT)

80.00 300.00
70.00
250.00
60.00
200.00
50.00
Revenue ($M)
Volume (KT)
40.00 150.00
30.00
100.00
20.00
50.00
10.00
- -
2015 2016 2017 2018 2019 2020 2021 2022
Volume 34.32 41.07 47.19 53.13 58.99 64.77 70.47 76.04
Revenue 103.96 123.56 143.38 163.03 182.83 202.80 222.94 243.04
 India’s masterbatch market was $103.96m in 2015 and is anticipated to see an upsurge during the forecast period.
The market will reach $234.04m till 2022 growing at a CAGR of 11.94% in between 2016 to 2022
Page - 160
10.4.7. OTHERS (1/2)
 Others include Australia, Singapore, Vietnam and some other countries. All these countries are the other major
emerging economies in APAC region where the industrialization and urbanization and growth has been occurring from
the past decade
 Agriculture, construction, automotive spare parts, electrical industries and mining are the prominent end user and
economy generating industries in all these regions
 Increasing demand for the light weight, corrosion resistant, harder materials has pressurized the construction leading
industries to go for the plastic materials and they have been using the masterbatches to upgrade the properties of the
plastic materials which has boosted the market growth
 Need for insulation and pipelines for mining industries also generated the significant share of market revenue in the
recent years and is estimated to continue over the forecast period
 Clariant in 2014 announced to open new masterbatches plant in greater Sydney Area, Australia. The new plant was
opened to serve the Australian market with a full range of color and additive masterbatches and meet the growing
local needs
Page - 161
10.4.7. OTHERS (2/2)
Rest of APAC: Masterbatches Market Revenue and Volume, 2015-2022

($M, KT)
70.00 300.00
60.00
250.00
50.00
200.00
Revenue ($M)
Volume (KT)
40.00
150.00
30.00
100.00
20.00
50.00
10.00
- -
2015 2016 2017 2018 2019 2020 2021 2022
Volume 24.51 33.93 38.96 43.61 47.87 51.63 54.77 57.16
Revenue 127.95 153.96 177.05 199.15 220.51 241.03 260.52 278.56
 Rest of APAC’s masterbatches market was $127.95m in 2015 and is anticipated to see an upsurge during the forecast
period. The market will reach $278.56m till 2022 growing at a CAGR of 13.14% in between 2016 to 2022
Page - 162
CHAPTER - 11 MASTERBATCH MARKET ENTROPY
Page - 163
11. MARKET ENTROPY (1/5)
 The masterbatch market is studied by conducting a comprehensive analysis of the strategies adopted by the
companies profiled for the report. The key strategies are considered for the period 2012- 2016 up to the month
of May and it includes product/solution launch, acquisitions, collaboration and others.
Masterbatch Market Entropy, By Strategy ( 2012 – 2016)
23% Expansion
27%
Acquisition
Collaboration
Contract
Partnership
7% Product Development
Product Expansion
3%
27% Product Launch
3%
7%
3%
Source: Industry ARC Analysis and Experts Insight
 Companies in the masterbatch market focused on acquisitions and expansion as the key strategy that accounted
for 27% and 23% of the total developments respectively. The major focus of the company was to increase their
product portfolio through acquisitions
 A. Schulman Inc. had the maximum number of developments during the mentioned period.
Page - 164
Masterbatch Market Entropy, By Development (2012-2016)
12
10
10
8
No Of Developments 8
6
6
4 3 3
0
2012 2013 2014 2015 2016
 The total number of developments in the year 2015 and 2016 prominently elevated to 10 and 8 respectively
attributed to the increase in demand for masterbatches in various industries such as textiles, automotive and
others
 Other strategies like partnerships and product expansion/ development are also assertively being adopted by
the companies to meet new horizons in product developments and achieve greater market exposure.
Page - 165
Year Approach Description
A. Schulman, Inc. has announced that it is expanding its presence for masterbatch on the
2016 Partnership
African continent through a strategic partnership with Snetor Chimie, France.
Cabot establishes a new application innovation laboratory in Shanghai, China. The lab will
support Cabot product lines including activated carbon, rubber and specialty carbons, fumed
2016 Regional expansion
metal oxides, masterbatch and compounds, and inkjet colorants with testing and development
capabilities that closely represent Cabot’s customer applications.
Cabot Corporation expanded its range of universal masterbatch products for the coloring of a
2016 Product Expansion wide range of polymers with the launch of PLASBLAK® UN2015, PLASBLAK® UN2017 and
PLASBLAK® UN2019 universal masterbatch products.
Milliken focuses on developing polypropylene (PP) and polyurethane (PU) to meet high
2016 Product development
requirements for automotive industry.
2016 Product Launch Clariant introduced new liquid color additive MEVOPUR®-LQ s for medical devices
Clariant Masterbatches Saudi Arabia announces construction of new plant in Yanbu to expand
2016 Expansion
its Masterbatch territory.
2016 Product Launch Launched a new silicone masterbatch
Delta Tecnic presents a new range of Masterbatch TPE-E based for optical fibre cables and
2016 Product launch
automotive
A. Schulman acquired HGGC Citadel Plastics Holding, Inc., a leading North American specialty
2015 Acquisition
plastics company
A. Schulman expanded its existing PET production capacity at Borne masterbatch plant in
2015 Expansion
Belgium by adding new production line
The company has announced establishment of new Masterbatch production plant in Turkey,
2015 Expansion
at a projected investment of €5m-€7m.

Page - 166
11. MARKET ENTROPY (4/5 )
2015 Product Launch Ampacet corporation introduced Fusion FX , four color palettes with masterbatch technology to
produce random flow of colors.
2015 Expansion Ampacet expanded its business by opening a new distribution center “Eurohub” in Dudelange and
Bettembourg, Luxembourg.
2015 Product Launch Milliken introduced a new coated wrap kit for polymeric single ply roofing membranes
2015 Collaboration Milliken with an agreement with Azelis to offer its novel Liquitint® polymeric colorants for all
Homecare and Industrial Cleaning (H&IC) applications across Europe.
2015 Contract BASF signed a contract to divest its subsidiary company Magenta Master Fibers (MMF) located in
Magenta, Italy, including MMF’s wholly owned subsidiary in Shanghai, China (Magenta Master Fibers
Co., Ltd.), to PolyOne Corporation.
2015 Acquisition TOSAF Group has finalized the acquisition of Adtec Colorant Corporation. This acquisition will help in
making TOSAF’s colors and additives masterbatches portfolio more exhaustive.
2015 Acquisition PolyOne Corporation, a premier global provider of specialized polymer materials, services and
solutions acquired Magenta Master Fibers (Magenta), an innovative developer of specialty solid color
concentrates for the global fiber industry.
2014 Expansion A. Schulman increased production capacity of its manufacturing facility in Dongguan, China to cater the
demand for packaging care and hygiene industries in China
2014 Acquisition Acquires Specialty Plastics business Segment from Ferro Corporation, so as to expand its engineered
plastics and masterbatch color products

Page - 167
11. MARKET ENTROPY (5/5 )
A. Schulman acquired Prime Colorants, Inc. a manufacturer of custom color and additive
2014 Acquisition
masterbatches, for approx. $15.1m
2014 Acquisition Ampacet acquired Allied colors and additives to expand its global resources.
Milliken launched a new leading-edge nucleator for injection molding high-density polyethylene
2014 Product Launch (HDPE) to allow packaging manufacturers to achieve increased levels of productivity and
performance and a reduction in material waste.
BASF signed a contract to divest its liquid masterbatch business in Clermont de l’Oise, France, to
2014 Contract
Audia International, a large global supplier of polyolefins and color masterbatches.
Expands its custom performance color and engineered plastics in Asia by acquiring Perrite Group for
2013 Expansion
approximately $52m.
Ampacet introduced Matrix, a new masterbatch for high impact shelf appeal for packaging and
2013 Product Launch
consumer good products.
Dow Corning Expands Robust Portfolio of Advanced Silicone Products with Launch of New Release
2013 Product Expansion
Modifier
A.Schulman announced acquisition of ECM Plastics, Inc. a producer of custom color, specialty
2012 Acquisition
additive masterbatch, to expand its capabilities for the same products
Acquires Elian SAS, a global leading producer of highly specialized color concentrates, for
2012 Acquisition
strengthening its position in global market
PolyOne Corporation, one of the premier global provider of specialized polymer materials, services
2012 Product Launch and solutions launched its new OnColor™ Fiber color masterbatch solutions for textile applications
at the ongoing Chinaplas 2012 event.

Page - 168
CHAPTER - 12 MASTERBATCH MARKET - COMPANY PROFILES
Page - 169
12.1 A. SCHULMAN, INC. (1/4)
Business Overview
A. Schulman, Inc. Description
Establishing Year 1928

3637 Ridgewood Road, Fairlawn, OH 44333,
Employees as of 2015 5000
United States,
Headquarters Ohio, U.S
Tel: +1-330-666-3751,Fax: +1-330-668-7204
Revenue (2015) $2.4 billion Website www.aschulman.com
A. Schulman, Inc. Business Segments

Business Portfolio Techniques & Services Portfolio
Thermoplastic additives and color concentrates improve the appearance and performance of resins to
Masterbatch Solutions meet exact specifications. Masterbatches are available in a wide range of carrier resins: PE, PP, PS, PET,
PLA, PA and specialty bio-resins.
Engineered Plastics give you enhanced performance characteristics for blow molding, injection molding
Engineered Plastics and extrusion applications. Compounds include multi-component blends and alloys formulated to meet
your specific performance requirements.
Standard form of most plastics is a spherical or cylindrical pellet, there are a variety of markets and
Specialty Powders technical uses where this size and shape is not adequate, and the material is needed in powder form in
order to function optimally.
The polyolefin can be readily combined with colorants and performance additives to deliver the specific
Distribution Services
properties. Global purchasing and sourcing capabilities gives bulk or packaged plastic materials.
Engineered Composite materials offering unique solutions with an unparalleled breadth of industry
Engineered Composites
knowledge, unbounded materials technologies, and operational agility
Page - 170
Source: Company’s Website Web - www.industryarc.com | Mail – sales@industryarc.com
Product Portfolio
 A. Schulman a leading manufacturer of proprietary and custom-formulated color concentrates, plastic compounds
and additives employed for production in industries including: agriculture, automotive and transportation,
construction, consumer products, durable products, electrics and electronics, flexible packaging, healthcare and
hygiene and many others. The company has over 58 manufacturing and support facilities across the globe.
Masterbatch solutions offered by the company accounted to 31% of the net revenue in 2015.
A. Schulman, Inc. : Materbatch Product Portfolio
Brand
Product Segment Product Category Application
Name
Automotive Colors POLYBATCH Employed by automotive OEMs for craftsmanship and performance
Standard Colors -- Used to provide solid or special effects
Coloration in bottles, thermoformed trays, tubes, crates, artificial grass,
Tailor-Made Colors --
Color Concentrates caps, and closures
Used to provide special effects such as fluorescents, pearlescent,
Special-Effect Colors -- phosphorescent and many other in blow molded and injection molded
products
Durable and Non- Used for applications such as labels, laminations and protective films,
White Concentrates POLYBATCH
Durable coating, thin wall packaging, injection molded articles and many others
Carbon Black These products allows tint and solid strength of black, blue and brown
-- POLYBLAK
Concentrates coloration to products
These products exhibit different types of functionalities such as
POLYBATCH
ANTIBLOCK, ANTIFOGGING, ANTIMICOBIAL, ANTI-OXIDANT, ANTISTATIC,
Thermoplastic additive
Additive Masterbatch ANTISTATIC-PERMANENT, BIO-DEGRADATION, CAVITATING, CHILL-ROLL
concentrates
RELEASE AGENT, CLARIFIER, CLING AGENT, DENESTING, DESSICANT, IR
BARRIERE, MATT, NUCLEATING AGENT and many others.
Source: Company’s Website Page - 171
Financials A. Schulman, Inc. , Net Sales, By Years, 2012-2015 ($BN)
2.5
2.44
2.39
2.4
$ billions 2.3
2.2
2.13
2.1 2.08
1.9
2012 2013 2014 2015
A. Schulman, Inc., Net Sales Share, By Business Segment, 2015 (%) A. Schulman, Inc. , Net Sales Share, By Geography, 2015 (%)
2% 8% 2%
7%
14%
31% 9%
Costom Performance Colours EMEA
Masterbatch Solutions USCAN
12% Engineered Plastics
APAC
Speciality Powders
Distribution Services 56% LATAM
Engineered Composites 26% EC
33% Source: Company Annual Reports

Page - 172
Developments A. Schulman, Inc.: Masterbatch Market Developments
Date Approach Description
A. Schulman, Inc. has announced that it is expanding its presence for masterbatch on
July, 2016 Partnership
the African continent through a strategic partnership with Snetor Chimie, France.
A. Schulman acquired HGGC Citadel Plastics Holding, Inc., a leading North American
June, 2015 Acquisition
specialty plastics company
A. Schulman expanded its existing PET production capacity at Borne masterbatch

April, 2015 Expansion
plant in Belgium by adding new production line
The company has announced establishment of new Masterbatch production plant in
April, 2015 Expansion
Turkey, at a projected investment of €5m-€7m.
A. Schulman increased production capacity of its manufacturing facility in Dongguan,
December, 2014 Expansion
China to cater the demand for packaging care and hygiene industries in China
Acquires Specialty Plastics business Segment from Ferro Corporation, so as to expand
June, 2014 Acquisition
its engineered plastics and masterbatch color products
A. Schulman acquired Prime Colorants, Inc. a manufacturer of custom color and
January, 2014 Acquisition
additive masterbatches, for approx. $15.1m
Expands its custom performance color and engineered plastics in Asia by acquiring
September, 2013 Expansion
Perrite Group for approximately $52m.
A.Schulman announced acquisition of ECM Plastics, Inc. a producer of custom color,
August, 2012 Acquisition
specialty additive masterbatch, to expand its capabilities for the same products
Acquires Elian SAS, a global leading producer of highly specialized color concentrates,
January, 2012 Acquisition
for strengthening its position in global market
Source: Press releases and Company Annual Report

Page - 173
12.2. AMPACET CORPORATION (1/4)
Business Overview
Ampacet Corporation Description

660 White Plains Road Tarrytown
Global Outreach 17 countries
New York 10591 U.S
Employees 2000
Tel: +914-631-6600
Headquarters US
Fax: +914-631-7278
Website: www.ampacet.com
Ampacet Corporation Business Segments
Antiblock, antifog, antioxidants, antistat masterbatches, black masterbatch, Ampacet

clearVueColors, color leveling additive, custom color concentrates & masterbatches, desiccant
concentrates, filler-stiffener concentrates, flame retardant concentrates, laser etch masterbatches,
Masterbatches
optical brightener concentrates, securTrace Molecular Tracer master batch, shutdown compound,
slip concentrates, smart Color masterbatches, standard color concentrates, UV light stabilizers,
white masterbatch
Source: Company’s Website

Page - 174
Product Portfolio
 Ampacet corporation is one of the major player in masterbatches market with wide range of product offerings that
enable plastic product manufacturers to produce consistent colors for their products.
 The key competitors for Ampacet include BASF SE, A. Schulman, Inc., Clariant AG and others.
Ampacet Corporation : Masterbatches Product Portfolio
Product Category Description
Antiblock Antiblock concentrates solve the blocking problem in manufacturing of polyolefin films and coatings.
Antifog Antifog additives are used to prevent fog formation on the inside of a plastic film.
Antioxidants Used to prevent thermal degradation and provide long term stability.
External antistats are topical agents applied to the surface. Internal antistats can be inert conductive
Antistat Masterbatches
fillers such as conductive carbon black, metalized fillers, or carbon fibers.
Ampacet black masterbatches play a role in such key markets as agricultural films and irrigation systems,
Black Masterbatch
packaging, electronics, textiles and nonwovens, wire and cable, automotive, construction and toys.
Ampacet ClearVueColors PP masterbatches provide designers and molders with the ability to add vibrant
Ampacet ClearVueColors
and refined see-through effects.
ProBlend™ Color leveling additive allows package designers and molders to use the broadest palette of
Color Leveling Additive
colors.
Custom Color Concentrates & Ampacet works with a broad palette of pigments to provide the most aesthetically unique range of
Masterbatches “custom” colors and special effects.
Desiccant Concentrates Desiccant Concentrates—are designed to bind moisture during the processing of plastic materials.
Filler/Stiffener Concentrates generally contain high loadings of a mineral substance. Depending on the
Filler – Stiffener Concentrates application, they can impart properties to films and molded articles that include increased stiffness or a
paper like appearance.
Page - 175
Source: Company’s Website Web - www.industryarc.com | Mail – sales@industryarc.com
Ampacet Corporation : Masterbatches Product Portfolio
Flame Retardant Concentrates Ampacet produces copolymer based, brominated flame retardants for use in a variety of resin systems.
Ampacet laser marking additive masterbatches can be used in closures and other packaging materials to
Laser Etch Masterbatches
allow marking for date coding, special promotions, anticounterfeiting, and other applications.
Optical Brightner Optical brighteners are compounds that fluoresce under UV light, reemitting in the blue region of the
Concentrates spectrum.
Process aids (or PPAs) eliminate melt fracture at a given shear rate, to allow for higher throughput before
Process Aid Masterbatch
onset begins again.
Purge Concentrates Purge concentrates are used to expedite the changeover from one color/product/resin to another.
SecurTrace™ masterbatches and compounds offer designers customized additive solutions that address
SecurTrace Molecular Tracer
medical device security issues, such as counterfeiting and product security within the manufacturing
Masterbatch
supply chain.
Shutdown Compounds are designed to be used as the last step in a purge before an extended period of
Shutdown Compound
downtime.
Slip Concentrates Slips are used to reduce a film’s resistance to sliding over itself or parts of converting equipment.
SmartColor™ is color masterbatch that provides easier purge out and faster color changeover for plastic
Smart Color Masterbatches
extrusion processors.
Standard Color Ampacet’s complete line of made to stock masterbatches covers the entire spectrum of standard colors,
Masterbatches black and white.
UV Light Stabilizers Ampacet UV Light Stabilizers prevent the packaging materials from adverse environmental conditions.
Ampacet maintains more than 1,000 white masterbatch formulations, some containing up to 80%
White Masterbatch pigment. Masterbatches containing weathering grades of TiO2 are also available for outdoor
applications.
Developments
 Ampacet Corporation is a private company and does not disclose financials.
Ampacet Corporation: Masterbatches Developments
Ampacet corporation introduced Fusion FX , four color palettes with masterbatch

September-2015 Product Launch
technology to produce random flow of colors.
Ampacet expanded its business by opening a new distribution center “Eurohub” in

May-2015 Expansion
Dudelange and Bettembourg, Luxembourg.
August-2014 Acquisition Ampacet acquired Allied colors and additives to expand its global resources.
Ampacet introduced Matrix, a new masterbatch for high impact shelf appeal for
July-2013 Product Launch
packaging and consumer good products.
Source: Press releases
Page - 177
12.3. CABOT CARPORATION (1/7)
Business Overview
Cabot Corp. Description

Global Outreach 20 countries Address: 75 State Street
Employees as of 2015 4,500 Boston, Massachusetts 02109-1806
Headquarters U.S. U.S.
Revenue (2015) $2.87 billion Tel: (617) 345-0100
R&D (2015) $58 m Website: www.cabotcorp.com
Cabot Corp. : Business Segments
Rubber Blacks; Elastomer Composites. Carbon black for reinforcement of rubber products
Reinforcement Materials
including: tires, hoses, belts, molded goods
Cesium Formate Brines; Fine Cesium Chemicals . Advanced cesium products for use in: oil and
Specialty Fluids gas well drilling and completion fluids, catalysts, titanium dioxide, glass, automotive brazing
fluids
Specialty Carbons and Formulations; Metal Oxides. Specialty additives that enable performance
Performance Chemicals in: plastics, wire and cable, toners, coatings, adhesives and sealants, electronics, batteries, inks,
inkjet printing, composites, silicones, building construction materials, industrial insulation
Activated carbon for purification in various applications including: air and water, food and
Purification Solutions
beverages, pharmaceuticals, catalysts
Company’s Website Page - 178

Product Portfolio
Cabot Corp. Masterbatches Market Products
Product Type Product Name Application
Used for compounding and injection molding of engineering polymers, specially recommended
PLASBLAK master batches PLASBLAK® EG3807
for polycarbonate (PC).
PLASBLAK® EV1775 Used for automotive and other deep black masstone coatings.
Used in injection moulding and extrusion applications, suitable for use in Ethylene Vinyl Acetate
PLASBLAK® EV2619
(EVA) and other compatible thermoplastics including PS, ABS, SAN, PE, PP and PVC
PLASBLAK® LL2590 Used in cold potable water pipe and cable sheathing applications.
PLASBLAK® LL2754 Used for the coloring of polyolefins
Offers efficient pigmentation in thick section film, compounding, molding and recycling
PLASBLAK® LL3608
applications.
Provides excellent ultraviolet (UV) and oxygen induction time (OIT) performance in
PLASBLAK® LL4752
geomembranes.
PLASBLAK® LL4897 Used for silage stretch wrap film.
PLASBLAK® LL4932 Used in drip irrigation pipes.
Used for compounding, recycling, and other extrusion applications for non-demanding
PLASBLAK® LL4943
applications.
PLASBLAK® LL6055 Used for drip irrigation pipes
PLASBLAK® LL6259 Used in irrigation pipe
PLASBLAK® PA3785 Used for coloring PA-6, PA-6.6 and filled PA.
PLASBLAK® PE1371 Used for high-quality packaging and agricultural films
Used for film applications, including agricultural silage and mulch film where 2-2.5% carbon
PLASBLAK® PE1851
black is specified.
Used for film and other extrusion applications, including agricultural film, building film and
PLASBLAK® PE1873
non-pressure pipe
Used for general purpose film and geomembranes, general extrusion, sheet extrusion and
PLASBLAK® PE2272
molding applications.
Source: Company Website

Page - 179
PLASBLAK® PE2605 Used for general purpose coloration in a wide range of applications.
Provides high standards of performance compared to traditional agricultural film
PLASBLAK® PE2640
masterbatches.
PLASBLAK® PE2642 Used in agricultural film applications
PLASBLAK® PE2648 Offers high level of opacity, high tinting strength and excellent gloss levels.
Used in the manufacture of irrigation pipe and potable water pipe systems in certain
PLASBLAK® PE2668
countries.
Used for the coloring of PS, SAN, ABS and polyolefins in injection molding and compounding
PLASBLAK® PE2718
applications.
PLASBLAK® PE2727 Used in film, extrusion and molding applications.
PLASBLAK® PE2772 Used for applications requiring maximum cost performance.
PLASBLAK® PE2813 Used for coloring single-use food packaging.
PLASBLAK® PE2824 Offers high level of opacity, high tinting strength and excellent gloss levels.
PLASBLAK® PE4462 Provides excellent opacity and tint strength for use in a range of applications.
Used for plastic applications which come into contact with food in various European
PLASBLAK® PE4470
countries.
PLASBLAK® PE4566 Used in compounding and recycling applications.
PLASBLAK® PE4861 Used for general purpose film and sheet extrusion and molding applications.
Used for mono or multi-layer polyethylene (PE) films requiring a good opacity and a high
PLASBLAK® PE4881
resistance to ultraviolet (UV) light.
PLASBLAK® PE4884 Offers excellent tint strength
PLASBLAK® PE4940 Used in coloration for utility film applications
Used in food packaging film applications and is particularly suitable for milk packaging film
PLASBLAK® PE6092
where high purity is required.
PLASBLAK® PE6093 Used in polypropylene staple fiber applications
PLASBLAK® PE6121 Used in compounding applications
PLASBLAK® PE6213 Designed for irrigation pipe.

Page - 180
Used for film applications, including agricultural silage and mulch film where 2-2.5% carbon
PLASBLAK® PE6220
black is specified
PLASBLAK® PE6222 Used for film and other extrusion applications.
PLASBLAK® PE6228 Used in compounding and molding applications
PLASBLAK® PE6229 Used in general purpose compounding, sheet and non-regulated pipe applications.
PLASBLAK® PE6249 Used in geomembrane applications.
PLASBLAK® PE6251 Use in mulch film applications and can be used in films as thin as 7 micron.
PLASBLAK® PE6253 Used in the manufacture of drip irrigation pipe systems.
Used in non-regulated pressure pipe applications where masterbatch is added to natural resin,
PLASBLAK® PE6269
as op
PLASBLAK® PE6269B
Used in lower pressure and other pressure pipe applications
PLASBLAK® PE6271
Offers excellent performance benefits, including high level of opacity, high tinting strength and
PLASBLAK® PE6281
excellent gloss levels.
PLASBLAK® PE6285 Used in the manufacture of irrigation pipe and potable water pipe systems in certain countries.
PLASBLAK® PE6286 Used for compounding and general purpose pipe applications
PLASBLAK® PE6302 Used in high quality polyethylene film applications
PLASBLAK® PE6337 Used in moulding, general purpose film and utility pipe applications
PLASBLAK® PE6370 Used for the production of geomembranes
Used for plastic applications which come into contact with food, offers enhanced weathering
PLASBLAK® PE6382
performance, high opacifying power and very good carbon black dispersion for film applications
PLASBLAK® PP6190 Used for packaging and lamination applications.

PLASBLAK® PP6348 Used in high quality polypropylene (PP) fiber applications.

Page - 181
PLASBLAK® PS4054 Used for the coloration of polystyrene.
PLASBLAK® PS4256 Used in the economic pigmentation of extruded and molded articles
Used in expandable polystyrene (EPS) and can enhance thermal insulation performance by
PLASBLAK® PS6310
up to 20%.
PLASBLAK® PS6386 Used for compounding and recycling applications.
Used for reducing the thermal conductivity of expandable polystyrene (EPS) foams for
PLASBLAK® PS6387
insulation
Used for coloring ABS, SAN and PS in applications such as packing materials (boxes, lids,
PLASBLAK® SA3176 etc.), electronic equipment cases (cassettes, VCRs, etc.), radios, televisions and other
domestic appliances.
PLASBLAK® UN2005 Used in compounding applications
PLASBLAK® UN2010 Used for coloring a range of thermoplastics
PLASBLAK® UN2014
PLASBLAK® UN2015 Used in coloring thermoplastics and can be used in compounding, injection molding and
PLASBLAK® UN2016 extrusion applications
PLASBLAK® UN2017
Used across automotive and appliance applications and can be used in a wide range of
PLASBLAK® UN2019
different polymer resins.
Used in compounding applications and can retain good physical properties in the final
PLASBLAK® UN6073
colored articles.
PLASBLAK® XP6360C Used in both moulding and extrusion applications
PLASBLAK® XP6395A Used in the manufacture of drip irrigation pipe systems.
PLASBLAK® XP6401A Used in geomembranes.
Used in food packaging plastics and offers versatility for use with a wide range of dilution
PLASBLAK® XP6406A
polymers, including engineering plastics such as PA, PET and PC.

Page - 182
Financials Cabot Corporation : Revenue by years, 2013 – 2016* ($ BN)

4 3.647
3.456
3.5
3 2.871
Revenue ($ Billion)
2.5
2016 up to second quarter
2
1.506
1.5
0.5
0
2013 2014 2015 2016*
Cabot Corporation : Total Revenue, by Business Cabot Corporation : Total Revenue, by

segment, 2015 (%) Geography, 2015 (%)
2% 6%
11%
54% 50%
19%
Reinforcement Materials Other Foreign Countries

Performance Chemicals United States
Purification Solutions China
33% Specialty Fluids The Netherlands
25%
Source: Annual Report and Company Website

Page - 183
Developments
Cabot establishes a new application innovation laboratory in Shanghai, China.

The lab will support Cabot product lines including activated
Jun, 2016 Regional expansion carbon, rubber and specialty carbons, fumed metal oxides, masterbatch and
compounds, and inkjet colorants with testing and development capabilities
that closely represent Cabot’s customer applications.
Cabot Corporation expanded its range of universal masterbatch products for

the coloring of a wide range of polymers with the launch of
March, 2016 Product Expansion
PLASBLAK® UN2015, PLASBLAK® UN2017 and PLASBLAK® UN2019
universal masterbatch products.
Source: Company Website and Press Releases
Page - 184
12.4. MILLIKEN & COMPANY INC. (1/4)
Business Overview
Milliken & Company Inc. Description

Address: Clariant International Ltd
Global Outreach 39 manufacturing facilities
Headquarters: PO Box 1926
Employees as of 2015 7000 employees worldwide
Spartanburg, SC 29304
Headquarters Switzerland Tel: 864-503 - 2020
Website: www.milliken.com
Milliken & Company Business & Product Portfolio
Business Portfolio Product & Services Portfolio
Chemicals Additives, Coatings, Colorants, specialty chemicals, specialty silicones and others.
Floor Covering Industrial, carpet, tiles, squares and others

Performance and work wear Stan, moisture, medical and textiles
Protective fabrics Flame Resistant Fabrics, Military Fabric – Clothing

Industrial textiles Hoses, airbags, concrete cloth, fabrics
Geopolymer Mortar systems, pipe repair systems, strengthening systems, concrete cloth GCCM, cable
Infrastructure Repair
management
Specialty textiles Fabric, FR, Polyester, woven
Composites Fabric, textile, nanofiber, rubber

Product Portfolio
 Milliken & company manufactures a wide range of products namely coatings, specialty chemicals, colorant
technologies, additives and others.
 The company also offers performance manufactured fabrics for athletic uniforms, ball caps and other fabrics for
industrial applications.
Milliken & Company Inc.: Masterbatches Product Portfolio
Product Types Product Series
Poly Propylene(PP) ®
ClearTint® Millad NX™ 8000
Polyurethane Reactint®
Polymeric colorant Liquitint® , Blazon®, Versatint®, ViviTint®
Pigment & Additive Dispersions DispersiTech™
Turf Colorant Evergreen™
Liquid Colorant Mirage®, Millijet®
Page - 186
Milliken & Company Inc.: Masterbatches Product Portfolio
Product Types Product Series
Antimicrobial AlphaSan®
UV absorber ClearShield®
Nucleating Agents Hyperform®
Clarifying Agents Millad®
Static-dissipative Additives Zelec
Antioxidant Milliguard® AOX
Gelling Agent Millithix® MT-800
Page - 187
Developments
Milliken & Company Inc.: Masterbatches Developments
Product Milliken focuses on developing polypropylene (PP) and polyurethane (PU) to meet high
February-2016
development requirements for automotive industry.
August-2015 Product Launch Milliken introduced a new coated wrap kit for polymeric single ply roofing membranes
Milliken with an agreement with Azelis to offer its novel Liquitint® polymeric colorants for all
May, 2015 Collaboration
Homecare and Industrial Cleaning (H&IC) applications across Europe.
Launches a new leading-edge nucleator for injection molding high-density polyethylene

September, 2014 Product Launch (HDPE) to allow packaging manufacturers to achieve increased levels of productivity and
performance and a reduction in material waste.
Page - 188
12.5. POLYPLAST MÜLLER GMBH (1/4)
Business Overview
Polyplast Müller GmbH Description
Global Outreach Offices at 5 locations in Europe (3

An der Bleiche 51 ,
in Germany) and North America (1
in U.S., Canada D-47638 Straelen, Germany
each ) .
Tel: +49 (0) 28 34 / 706-0
Headquarters Straelen, Germany
Fax: +49 (0) 28 34 / 706-990
Website: www.polyplast.com
Polyplast Müller GmbH: Business Segments
This segment is involved in manufacturing and distribution of various masterbatches such as white and black
PPM Masterbatch
masterbatches, color masterbatches, masterbatches additives.
Polyplast Compounds Work This segment is engaged in manufacturing and developing tailor-made compounds such as PVC, PP, TPE, PA
(PCW) compounds for various industrial applications.
This segment works via Colortech which is a North American manufacturer of color and other additive materials
for the plastic industry . The products find applications in various fields such as household consumer items,
Colortech
industrial materials for telecom industry such as wire & cable coatings, agricultural products such as mulch film,
greenhouse & nursery films and in environmental systems like geomembrane sheet.
Source: Company Website Page - 189

Product Portfolio
 Polyplast Müller GmbH is a German company involved in the production and distribution of color masterbatch
and other related chemical products.
 The product portfolio of Polyplast Muller consists of white and black masterbatches , color masterbatches,
additive masterbatch, PVC, PP, TPE, PA compounds and solutions for cable and wire.
Polyplast Müller GmbH: Color Masterbatches Products/Services Portfolio
Product Category Product Name Description
PPM develops and manufactures large volumes of white masterbatch at an attractive

White Masterbatch PolyPlast White cost/performance ration. It is ideal for use in many different industry applications and for
individual use too.
PPM produces large volumes of industrial grade masterbatch for use in industries for
Black Masterbatch PolyPlast Black
extrusion applications and injection moulding.
PolyPlast Polyplast Muller manufactures color masterbatch fit for use in virtually all industrial sectors.
Color Masterbatch
Colour It is majorly used for extrusion of films and sheets and blow/injection moulding.
PPM also develops and produces additives that can be used to enhance the characteristics
PolyPlus of numerous plastic products. They are concentrates with added value and invisible and
Additive Masterbatch
Additive odorless. Even tiny amounts of these additive impart comprehensive properties to plastic
products.
In addition to production of additives and color masterbatches PPM also produce HFFR
Masterbatch and
PolyCable Compounds, antimony trioxide products required for various applications in the cable
Compounds
industry

Page - 190
Financials
Polyplast Müller GmbH is a private company and does not disclose financials.
Polyplast Müller GmbH: Color Masterbatches Developments
There were no recent developments by Polyplast Müller GmbH related to color masterbatches .
Page - 191
12.6. PLASTIKA KRITIS S.A. (1/4)
Plastika kritis Description
Establishing Year 1970 Address:P street, Industrial Zone

GR 714 08 Iraklion
Headquarters Greece
Greece
Revenue (2015) $142.81 000’
Tel: +30-2810-308500
Global Reach 60 courtiers Fax: +30-2810-381328
Website: www.plastikakritis.com
Plastika Kritis: Business segments
Business Segments Product Portfolio
This segment encompasses various products like color masterbatches, black masterbatches, white masterbatches
Masterbatches
& so on.
Plastika Kritis manufactures specialized multi-layer films for a variety of agricultural applications like Greenhouses
KRITIFIL Agricultural Films
,Low-tunnels, Mulching & so on.
KRITIFLEX Geomembranes This segment encompasses various range of geomembranes like HDPE, LDPE, LLDPE & so on.
These segment involves manufacturing polyethylene pipes for Irrigation and water supply in agriculture, Potable
KRITISOL Polyethylene Pipes
water supply, Natural gas distribution & Cable protection in telecommunications.

Page - 192
Plastika Kritis : Masterbatch Product Portfolio
Product
Product Type Product Name Applications
Segment
KRITILEN YELLOW PET11325 These products are employed for coloration of blow molding
Color Masterbatches
and PET 11765 & so on. and injection molding products and food products
KRITILEN WHITE 120,121,125 &
Coloration of PP an PS based products, PVC cables, PET sheets
White Masterbatches so on.
ad bottles
KRITILEN BLACK 320, 325, 331 These products are suitable for coloration of injection and blow
Black Masterbatches & so on. molded products, films, geomembranes, stretched tapes and
geotextiles, polyethylene pipes, PP fittings and PVC cables
Masterbatches KRITILEN These provide protection for plastic products from the harmful
UV-stabilizer
UV PS7202H, UV PP922H, UV effects of U.V radiation
Masterbatches
PP948H & so on.
These additives are used an easy way to incorporate to plastic
Additive KRITILEN
products special additives that facilitate processing or impart to
Masterbatches AB 62, AO 10, A0 203 & so on.
the products various useful properties.
KRITILEN These offer a convenient way of incorporating CaC03 and Talc

Filler Masterbatches
PS7603, PP960, PP956 & so on. in thermoplastics, without contamination by dust.

Page - 193
Plastika Kritis : Masterbatch Product Portfolio
Product
Product Category Brand Name Applications
Segment
KRITILEN
White PP9304, White These compounds have perfect dispersion and optimized
Garden furniture compounds
PP904, White PP905 & so flow properties, ensuring easy processing.
on.
KRITILEN These are used for the mass coloration of power or
Masterbatches for PVC
White PO 71013, Yellow PO telecommunication wire and cables made of plasticized-PVC
cables
11460 & so on. or PE respectively.
These offer a convenient way of incorporating carbon-black
Masterbatches KRITILEN BLACK 4401P &
in textile products, providing black color and improved
For synthetic fibers 4410P & so on.
outdoor resistance.
Masterbatches Tailor-made multi functional KRITILEN
These masterbatches are made through close technical
Masterbatches cooperation with customers to address specific needs.
The application for these monomasters (single pigment
KRITIEL 172, 44019 ,350 & concentrates) include manufacturing of tailor made color
Single pigment concentrates
so on. masterbatches, compounds, thin films, fibers and
monofilaments.
KRITILEN BLACK PL8430, These offer a convenient way of incorporating additives or
Masterbatches for PLA KRITILEN BLACK BIO4419P colorants such as TiO2, CaCO3 in PLA films, thermoforming
& so on. or injection molded plastic products.
Kritilen FTD523 contains selected pro-degradants which

Photo-Oxo degradable
KRITILEN FTD523 impart photo-degradable and thermo-degradable properties
Masterbatches
to polyolefins.

Page - 194
Financials
Plastika Kritis Revenue, 2013-2015 ($000’)
180
157.42 156.9
160
142.81
140
Revenue ($000’)
120
100
80
60
40
20
0
2013 2014 2015
Source: Company Website, SEC filings and Investors Presentations
Plastika Kritis : Masterbatch Developments
There are no recent developments by Plastika Kritis pertaining to Masterbatch Market
Page - 195
12.7. POLYONE CORPORATION (1/5)
Polyone Corporation Description

Address:
Headquarters U.S.A
33587 Walker Road
Revenue (2015) $3.38bn
Avon Lake, OH, United States, 44012
Employees as of 2015 7300
Phone:+1 440 930 1000
R&D $53M
Website :www.polyone.com
PolyOne: Business Segments

Business Segments Product Portfolio
This segment of the company provides a specialized custom color and additive concentrates in solid and
Color, Additives & Inks liquid form for thermoplastics, dispersions for thermosets, as well as specialty inks, plastisols and vinyl
slush molding solutions.
Specialty Engineered The company provides specialty polymer formulations, services and solutions for designers, assemblers
Materials and processors of thermoplastic materials across a wide variety of markets and end-use applications.
Designed Structures and This segment of the company provides specialized, full service and innovative solutions in engineered
Solutions polymer structures, rigid barrier packaging and specialty cast acrylics.
Performance products and This segment encompasses wide array of products and services for vinyl molding and extrusion
solutions processors, material testing and so on.
Polyone business distributes more than 3,500 grades of engineering and commodity grade resins,
Polyone Distribution
including playone-produced solutions.
PolyOne Corporation: Product Portfolio
Product Segment Product Type Product Name Applications
OnColor™ Colorants for Wire & Designed to meet the requirements of the wire and cable
Cable industries
OnColor™ FX™ Special Effect The molded-in color offers brilliant effects of paint at a
Colorants greater efficiency and without the hassles and higher costs
OnColor™ HC Plus Specially designed for healthcare environments
OnColor™ BIO Colorants Used for brilliant color with biodegradable materials
Solid Colour
Masterbatches Masterbatches
Offers outstanding transparent color for clarified
OnColor™ PProTint™ Colorants
polypropylene applications
Provide up to 10 hours of glow-in-the-dark
OnColor™ NiteBrite™ effects in applications including toys, safety equipment and
sporting goods.
Page - 197
PolyOne Corporation : Product Portfolio
Product Segment Product Type Product Name Applications
Molded-in color hides scratches, withstands

OnColor™ Smartbatch™ Color & Additive
tough weather and helps in optimizing
Concentrates
manufacturing efficiency.
COLOR & ADDITIVE
COMBINATION
MASTERBATCHES
Helps to paint plastic parts without forcing a
Composite OnColor Smartbatch FX for Paint Replacement
compromise on appearance or quality
Materials
Page - 198
Financials PolyOne Corporation Sales, 2013-2015 ($BN)
3.9 3.84
3.78
3.8
3.7
Sales ($Bn)
3.6
3.5
3.38
3.4
3.3
3.2
3.1
2013 2014 2015
PolyOne Corporation Sales Share, By Business PolyOne Corporation Sales Share, By Region , 2015 (%)
Segments, 2015 (%)
13% 6% 1%
7%
29%
Polyone Distribution 7% Unites States
15% Europe
Color, Additives & Inks
Canada
Performance Products and Solutions Asia
13%
Specialty Engineered Materials Mexico
66% South America

Designed Structures and Solutions
20%
23%

Page - 199
PolyOne Corporation : Developments
PolyOne Corporation, a premier global provider of specialized polymer

materials, services and solutions acquired Magenta Master Fibers
December, 2015 Acquisition
(Magenta), an innovative developer of specialty solid color concentrates
for the global fiber industry.
PolyOne Corporation, one of the premier global provider of specialized

polymer materials, services and solutions launched its new OnColor™
April, 2012 Product Launch
Fiber color masterbatch solutions for textile applications at the ongoing
Chinaplas 2012 event.
Source: Company website and Press Releases
Page - 200
12.8. DELTA TECNIC, S.A. (1/4)
Delta Tecnic, S.A. Description
Establishing Year 1982 Address: DELTA TECNIC S.A.

Pol. Ind. “Molí de les Planes” C/Rec Molí de les
Global Outreach 50+ countries
Planes s/n. 08470 SANT CELONI (Barcelona) –
Headquarters Spain Spain
Tel: +34 93 867 42 84
Website: www.deltatecnic.com
Delta Tecnic, S.A.: Business Information
 Delta Tecnic S.A. is a Barcelona based Spanish company that trades in raw materials for plastics, cables, inks,
paint and cosmetics industries
 Since 1989, the Deltacolor Masterbatch division of Delta Tecnic S.A. has been producing Masterbatches for
different applications for cables and PVC industries
 Key competitors of are Delta Tecnic S.A. are
 Few products/services from Delta Tecnic S.A. product portfolio are listed in the next slide
Page - 201
Delta Tecnic, S.A.: Masterbatch Products/Services Portfolio
Energy, Data & Building Wire

For energy data & building wire applications
PVC Masterbatch Deltavinil (THHN/THHW/THW) (MUNSELL)
Automotive Cables T2, T3 For use as automotive cables
Telecom Cables It is used in telecom cables

PE Masterbatch Deltaplast
Ambient Curing Crosslinking It is used in Ambient Curing Crosslinking
PE & XLPE Masterbatch Deltaplast Energy Cables It is used in energy cables
PA Masterbatch Deltaplast Cables THHN (Building Wire) It is used in building wire cables
PE/EV Masterbatch Deltaplast Additives It is used in additives
Additives It is used in additives

EVA/PE Masterbatch Deltaplast
Cables HFFR/LSFR It is used in cables
TPA Masterbatch Deltaplast Automotive and optical fiber cables It is used in automotive and optical fiber cables
TPE-E Masterbatch Deltaplast Automotive and optical fiber cables It is used in automotive and optical fiber cables

Page - 202
Delta Tecnic, S.A.: Masterbatch Products/Services Portfolio
PBT Masterbatch Deltaplast Optical Fiber Cables It is used in optical fiber cables
TPU Masterbatch Deltaplast Energy and Industrial Cables It is used in energy and industrial cables
EVA/PE & XLPE Masterbatch Deltaplast Cables HFFR/LSFR Automotive L3-L4 It is used in automotive cables
ETFE Fluoropolymers Masterbatch

Automotive Cables It is used in automotive cables
Deltaplast
Deltavinil Pellet Cylindrical form 2.5x3.5 mm
Deltavinil Micropellet MP Cylindrical form 1.5x3.5 mm

PVC Masterbatch
Deltavinil Criopellet CP Cryogenic grinded
Deltaplast S Powdered pigment dispersion
Page - 203
Financials
Since Delta Tecnic, S.A. is a privately held company, the financials for the same were not available.
Developments
Delta Tecnic presents a new range of Masterbatch TPE-E based for optical fibre
February, 2016 Product launch
cables and automotive
Source: Company Website and Press Release
Page - 204
12.9. HUBRON INTERNATIONAL LTD. (1/2)
Hubron International Inc. Description

Address: Hubron International Ltd
Albion Street, Failsworth,
Headquarters United Kingdom

Manchester, M35 0FP, United Kingdom
Tel: +44 (0)161 681 2691
Website: www.hubron.com
Hubron International Inc. : Business Segments
Business Portfolio Techniques, Products & Services Portfolio
Careful selection of the Type of Carbon Black and the polymer carrier system ensures
Black Masterbatch excellent dilution of the master batch. Working closely with major carbon black, carbon nano,
graphite and graphene producers in developing new and improved black masterbatches.
Range of conductive compounds and concentrates based on carbon particulates (high

structure carbon black, graphite’s, grapheme’s and carbon nanotubes) incorporated into
Conductive Compounds
specially selected polymer grades to offer the most reliable and cost-efficient choice for
producing electrically conductive plastic compounds.
Source : Company Website

Page - 205
12.9. HUBRON INTERNATIONAL LTD. (2/2)
Hubron International Inc. : Masterbatch Products/Services Portfolio
Product/Service Description
The applications of black master batches are in Automotive, Construction, Consumer goods, Food
Black Masterbatch
contact and packaging and industrial.
Financials:
The financials have not been disclosed by the company as it is a private company.
Developments:
There are no recent developments by Hubron International Ltd for masterbatch market.
Page - 206
12.10. KUNSTSTOF-KEMI SKANDINAVIA A/S (1/3)
Kunststof-Kemi Skandinavia A/S Description
Establishing Year 1974 Kunststof-Kemi A/S
Headquarters Denmark Ringvejen 70

7900 Nykøbing Mors
Revenue (2015) $ 67.9 Million
Phone: (+45) 97 72 27 11
Employees 72 Fax: (+45) 97 72 11 27
Website : www.kunststof-kemi.dk
Kunststof-Kemi Skandinavia A/S: Business Segments
This segment is involved in developing and producing Ultrabatch for industrial use. Ultrabatches
are nothing but highly filled concentrates of organic or inorganic pigments meant to be
dispersed in specific carriers. The company offers a wide range of Ultrabatches encompassing the
Ultrabatches
entire the color spectrum. The main focus of this segment is on PE and PP, styrene's, EVA and
EMA and polyolefin. The ultrabatch products are primary used for masterbatch production as an
alternative to pure pigment.
This segment is involved in development and manufacture of color masterbatches covering

Color Masterbatches
entire color spectrum and used in various industrial applications.
This segment deals with production of additive concentrates with applications in virtually all
Additive Concentrates
industrial sectors.
Page - 207
 Kunststof-Kemi A/S is a Denmark based manufacturer of color and additive concentrates for use in
thermoplastic industry.
 Their product portfolio ranges from Single Pigment Dispersion called Ultrabatch to tailor-made masterbatches
and additive concentrates.
Kunststof-Kemi Skandinavia A/S: Color Masterbatches Products/Services Portfolio
The company is involved in developing and producing tailor made color masterbatches for wide range of
applications in thermoplastic industry .The color masterbatches produced can be used for applications such as
Color Masterbatch
extrusion of films and sheets, fibres and injection moulding and many more. Usually the quantities manufactured
range form 25 kg to 120 ton batches.
Consumers, plastic material manufacturers and other producers demand very high quality plastic products to suit
their various applications. Properties such as resistance to UV radiation, antistatic effect and flame retardant are
Additive Masterbatch highly desired by the end-users. Such properties and performance can only be achieved by using additives to
polymer resins. The company offer a broad range of additive masterbatches and concentrates. It also provides
customers option of customer specified additive concentrates.
Page - 208
Financials
Since, Kunststof-Kemi Skandinavia A/S is a private company, its financials were not disclosed in any public
sources.
Kunststof-Kemi Skandinavia A/S: Color Masterbatches Developments
There were no recent developments by Kunststof-Kemi Skandinavia A/S related to color

masterbatches .
Page - 209
12.11. BASF SE (1/4)
BASF SE Description
Global Outreach Across 80 Countries Headquarters
Employees as of 2015 112,435 Carl-Bosch-Street, 38 Ludwigshafen

Am
Headquarters Germany
Rheinland-Pfalz, 67063 Germany.
Revenue (2015) $78.1 billion
Tel: +49-621600
R&D (2015) $2.16 billion
Fax: +49 621 60-42525
Website: ww.basf.com
BASF SE: Business Segments
Business Portfolio Products and Services
Chemicals Solvents, Chemical raw materials, Monomers, Plasticizers and Electronic chemicals
Performance Products Ingredients for Pharmaceuticals, Food additives, Vitamins, Cosmetics and Household products.
Functional Materials & Solutions Catalysts, Battery materials, Engineering plastics, Coatings, Adhesives and Concrete admixtures.
Agricultural Solutions Crop protection, Seed treatment, Water management and Nutrition supply for Plants.
Production and exploration of Oil, Gas in Europe, Russia, Middle East, South America and
Oil & Gas
North Africa.
12.11. BASF SE (2/4)
 BASF SE, a global producer of specialty chemicals operates under five business segments, satisfying both
industrial and domestic needs.
 The major competitors of BASF in the masterbatch market are PolyOne Corporation, Clariant International
Limited and Schulman Inc
BASF SE: Masterbatch Product/Service Portfolio
Product Category Product Name Application
Granules EUTHYLEN® Used in the coloration of polyolefin film
EUTHYLEN® P Used in the coloration of polypropylene film
LUFILEN® Used in the coloration of polypropylene and polyethylene yarns and fibers
LUPROFIL® Used in the coloration of polypropylene yarns and fibers
PALAMID® Used in the coloration of polyamide yarns and fibers
SICOVERSAL® Used in the coloration of articles produced by injection molding or extrusion
SICOVERSAL® B Used to color biopolymers, as well as PLAs and PLA-compounds, Used for the coloration of ecovio®
SICOVERSAL® X Used in the coloration of articles produced by injection molding or extrusion
SICOLEN® Used for coloring articles made of polyolefin produced by injection molding, blow molding and extrusion
SICOLEN® E Used in the coloration of polyethylene cables
SICOLEN® P Used for the coloration of polypropylene articles produced by injection molding, blow molding or extrusion
SICOLEN® V Used in the coloration of rigid PVC (PVC-u)
SICOLEN® W Used in the coloration of wood and natural fiber reinforced plastic compounds
Used in the coloration of articles made of polyester (PET, PBT, PCT…) produced by injection molding, blow
SICOPOS®
molding or extrusion
Used in the coloration of articles made of crystal polystyrene or of an impact-resistant grade of polystyrene,
SICOSTYREN®
produced by injection molding or extrusion
SICOPAS® Used in the coloration of polyamide intended for injection molding and extrusion
SICOVINYL® Used for coloration of rigid PVC (PVC-u) articles produced by extrusion
SICOVINYL® E Used in the coloration of PVC cables
Page - 211
12.11. BASF SE (3/4)
Financials BASF SE , Net Sales, By Years, 2011-2015 ($BN)
120.0
102.4
98.3 98.8
100.0 92.7
78.1
80.0
Net Sales, ($BN)

60.0
40.0
20.0
0.0
2011 2012 2013 2014 2015
BASF SE, Net Sales Share , By Business Segment, 2015 (%) BASF SE , Net Sales Share, By Geography, 2015 (%)
9% 6%
55%
27% 17%
19% Functional Materials & Solutions
Europe
Performance Products
North America
Chemicals
APAC
Oil & Gas South America, Africa & Middle East
Agricultural Solutions 22%
22% 23%
Source: Company Annual Reports
Page - 212
12.11. BASF SE (4/4)
BASF SE: Masterbatch Developments
BASF signed a contract to divest its subsidiary company Magenta Master Fibers
December, 2015 Contract (MMF) located in Magenta, Italy, including MMF’s wholly owned subsidiary in
Shanghai, China (Magenta Master Fibers Co., Ltd.), to PolyOne Corporation.
BASF signed a contract to divest its liquid masterbatch business in Clermont de

February, 2014 Contract l’Oise, France, to Audia International, a large global supplier of polyolefins and
color masterbatches.
Page - 213
12.12. CLARIANT A.G. (1/4)
Clariant A.G. Description
Global Outreach Across 53 Countries Address: Clariant International Ltd

Employees as of 2015 17,213 employees worldwide Rothausstrasse 61, 4132 Muttenz,
Headquarters Switzerland Switzerland
Revenue (2015) $6.04 billion Tel: +41 61 469 63 63
R&D (2015) $0.21 billion

Fax: +41 61 469 69 99
Website : http://www.clariant.com/
Clariant A.G. Business Segments
This category offers the production of specialty chemicals for industrial and domestics needs,
Care Chemicals
aviation and alternate and biofuels
This segment concentrates on the production of catalyst that are used in petrochemical, chemical,
Catalysis
fuel and plastics industry.
Chemicals for Refinery services, mining services, oil services, adsorbents are offered under this
Natural Resources
category
Plastics and Coatings This segment caters decorative and industrial coatings along with color and additive master batches
Page - 214
12.12. CLARIANT A.G. (2/4)
 Clariant is an Italian multinational company which is one of the world’s prominent Masterbatch market.
 Key competitors for Clariant A.G. include The DOW Chemicals Company, BASF SE and E. I. Du Pont de Nemours
among many others.
 Few products from Clariant’s product portfolio are listed in the table below.
Clariant AG : Masterbatches Product Portfolio
Product Category Brand Name Application
This portfolio deals with additives to plastics that enhance its properties like
reduction in product weight, scratch resistance, static charge protection, reduced
Additive Masterbatch heat generation and others. The products include HYDROCEROL®, CESA®-LIGHT,
CESA®-STAT, CESA®-FLAM, CESA®-SLIP & CESA®-BLOCK, CESA®-NOX, CESA®-
ANTIMICRO, CESA®-EXTEND, CESA®-LASER and other CESA products.
This portfolio deals with providing black color batches to meet the applications of
Black Masterbatch
Black & White carpet, textiles, upholstery,
Masterbatch This portfolio deals with providing white masterbatch and they offer excellent
White Masterbatch
whiteness, opacity and heat or UV stability in a wide range of applications
This segment consists of products to impart color to the plastic while not
disturbing the plastic properties. They include polyolefins, Polyesters, Engineering
Color Masterbatch
polymers and Biopolymers under the brand names REMAFIN, RENOL and
MEVOPUR.
This is a custom blend of additives and pigments dispersed in a liquid vehicle

Liquid Masterbatch chosen to ensure good compatibility with the end user polymer. The products
consist of PET and Polyolefins.

Page - 215
12.12. CLARIANT A.G. (3/4)
Financials Clariant A.G. , Net Sales, By Years, 2012-2015 ($BN)
6.7
6.6
6.6 6.55
6.5
6.4
6.4
Net Sales ($BN)
6.3
6.2
6.1
6
6
5.9
5.8
5.7
2012 2013 2014 2015
Clariant A.G., Net Sales Share, By Business Clariant A.G. , Net Sales Share, By Geography,
Segment, 2015 (%) 2015 (%)
12% 7%
18% 33%
Europe
Plastics & Coatings
42%
21% APAC
Care Chemicals
North America
Natural Resources
Latin America
Catalysis
MEA
19%
25% 23%
Page - 216
12.12. CLARIANT A.G. (4/4)
Clariant AG: Masterbatches Developments
October, 2016 Product Launch

Clariant introduced new liquid color additive MEVOPUR®-LQ s for medical devices
Clariant Masterbatches Saudi Arabia announces construction of new plant in

February, 2016 Expansion
Yanbu to expand its Masterbatch territory.
Page - 217
12.13. DIC CORPORATION (1/4)
DIC Corporation Description
Global Outreach Offices in over 60 countries

DIC Building, 7-20, Nihonbashi 3-
Headquarters Japan chome, Chuo-ku, Tokyo 103-8233,
Revenue (2015) $6.833 billion Japan
R&D Expenditure (2015) $100.81m Tel: +81-3-6733-3000

Website- www.dic-global.com
Employees (2015) 20,264
DIC Corporation: Business Portfolio
Business Segments Techniques & Services Portfolio
This segment deals with products related to various types of inks like offset inks, flexo inks and
Printing Inks
certain types of adhesives and coatings as well
the company provides products like organic pigments depending on the type of usage,
Fine Chemicals
TFT/super-twisted liquid crystals and other chemicals
The company provides products like synthetic resins for variety of applications, papermaking
Polymers
chemicals, bath tubs and Sheet Molding Compounds
The company offers liquid, solid and processed compounds/products like inks, colorants, high
Application Materials
performance optical materials and so on
Page - 218
 DIC Corporation is a Japanese chemical company which specializes in development, manufacture and sales of
inks, pigments and many other chemical compounds/products. It was incorporated in 1937. It is a public company
 Key competitors for DIC Corporation include BASF SE, Dow Corning Corporation and A. Schulman, Inc.
DIC Corporation: Products Portfolio
It has high hiding power and superior filter life characteristics.it greatly
PEONY HP Series High Performance
reduces die-lip contamination. It also has optical reflectance and weather
Titanium Dioxide Masterbatches
resistance
It is a flame-resistant masterbatch. It is used in various areas like electric
Funecon Masterbatches cables, electrical facilities, automobiles and many others. they are light in
weight and have high workability
Masterbatches
This product adds various properties and features to a normal masterbatch
Additive Masterbatches
like static control, anti oxidation, die-build up control and UV protection
They provide good conductivity when mixed with various thermoplastic

Conductive Compounds and
resins. They are used in transport trays, conductive reels, conductive
Masterbatches
palettes and carrier tapes

Page - 219
DIC Corporation Total sales, FY 2013-2016* ($ billion)
8
6.917 6.833
7
5.88
6
Net Sales ($ billion)

5
4 3.38
3
0
2013 2014 2015 2016* (HY)
DIC Corporation Sales Share, By Business Segment, FY DIC Corporation Sales Share, By Geography, FY
2015 (%) 2015 (%)
14% 19%
Printing Inks Americas & Europe

17%
47% Polymers Asia & Oceania
Fine Chemicals 17% Japan
Application Materials
64%
22%
Page - 220
Developments
There are no recent developments related to Masterbatches by DIC corporation for the period between 2012 to
2016
Page - 221
12.14. DOW CORNING CORPORATION (1/4)
Dow Corning Corporation Description

Address:
Global Outreach 10 Countries PO Box 994, Midland, Michigan 48686-
Headquarters U.S. 0994, U.S.
Revenue (2015) $5.65 billion Tel: +1 989 496 4400

Website: www.dowcorning.com
Number of Employees (Corning) 35,700
Dow Corning Corporation : Business Segments
Business Portfolio Description
Display Technologies This segment includes the production of glass substrates for LCDs, such as smartphone and TV
Segment screens
Optical Communications
This segment includes the manufacturing of low-loss optical fiber, hardware and equipment products
Segment
Environmental Technologies This segment includes manufacturing of more than 150 material formulations for glass, glass
Segment ceramics and fluoride crystals
This segment includes collaboration with researchers and drug manufacturers to increase efficiencies,
Life Sciences Segment
reduce costs and compress timelines.

Page - 222
 Dow Corning Corporation is equally owned by The Dow Chemical Company and Corning Incorporated and the
financials mentioned in this profile are of Corning Incorporated
 However, on December 11, 2015, Corning proclaimed to exchange its 50% equity interest in Dow Corning
Corporation for 100% of the stock of a newly formed entity
 Upon completion of this strategic realignment, which is expected to close during the first half of 2016, Dow
Chemical, an equal owner of Dow Corning with Corning since 1943, will assume 100% ownership of Dow Corning
Corning Corporation (Dow Corning) : Masterbatch Portfolio
Product Type Products/Brands Description
MB25, MB40, MB50, These are Ultra-high molecular weight functionalized siloxane polymer
These are added to impart surface properties such as scratch resistance

HMB series
and machine lubrication during processing.
MASTERBATCH
J- Black, J- Blue, J- Brown, J- Green, J-
Color masterbatch
Orange, J- Red, J- white, J- Yellow
The LSP series has a range of products like LSPBK, LSPGY, LSPOG, LSPRD,
LSP Series LSPYW and others

Page - 223
Dow Corning Corporation, Net Sales, 2013-2015 ($M) Corning Corporation, Net Sales, 2013-2015 ($M)
6.30 6.22 12000
6.20
9715
6.10 10000 9111
6.00 7819
8000
Net Sales ($Bn)
Net Sales ($Bn)

5.90
5.80 5.71 6000
5.70 5.65
5.60 4000
5.50
2000
5.40
5.30 0
2013 2014 2015 2013 2014 2015
Corning Corporation, Net Sales Share, Corning Corporation, Net Sales Share,
By Business Segment, 2015 (%) By Geography, 2015 (%)
9% 1% 1%1%
10%
12% Display Technologies

34%
APAC
Optical Communications
North America
Environmetal Technologies
Europe
11% Specialty Materials 55%
33% Latin America
Life sciences
RoW
Other
33%
Page - 224
Developments
April, 2016 Product Launch Launched a new silicone masterbatch
Dow Corning Expands Robust Portfolio of Advanced Silicone Products with Launch
September, 2013 Product Expansion
of New Release Modifier
Page - 225
12.15. TOSAF GROUP (1/3)
TOSAF Group: Business Overview
TOSAF Group Description

Kfar Yona 4283000
Global Outreach Offices in over 40 countries
Tnuvot Industrial Zone,
Headquarters Israel
Israel
Revenue (2015) Around $332.91m
Tel: +972-9-8984640
Employees (2015) Around 500 Fax: +972-9-8789723
Website- www.tosaf.com
TOSAF Group: Business Portfolio
Business Segments Techniques & Services Portfolio
TOSAF Agriculture The company manufactures many types of products like UV stabilizers, IR, anti-fog and so on
TOSAF manufactures masterbatches which are useful in various fields like PVC cables,
TOSAF Colors
construction and so on
TOSAF Films & Packaging The company offers products like Slip, Anti-oxidant, processing aid, anti-static and so on
There are other segments like TOSAF Raffia and Fibers, TOSAF Whites & Compounds and TOSAF
Others
Polycarbonates

Page - 226
 TOSAF Group is an Israeli company which develops and manufactures high quality additives, compounds and color
masterbatches for the plastics industry. It is a private company
 Key competitors for TOSAF Group include Polyplast Müller GmbH, Plastika Kristis S.A., Hubron International and
Kunststof-Kemi Skandinavia A/S to name among a few others.
 The products manufactured by the company under the masterbatch segment are listed in the table below
TOSAF Group: Products Portfolio
VE52149, VE81034, ME71104, These masterbatches are used in agricultural products. They are used as an
ME65136 etc. UV additive in stretch film. They also help in deterring insects
These are transparent masterbatches and come in variety of colors. They

MN42242, MN71161, MN82024 etc. are used with polycarbonate compounds. They should be used with
prescribed dosage
Masterbatches
They come with variety of features and are used in applications like PVC
TOSAF Colors
cables, blow molding, construction, liquid colorants and so on
They are based on a variety of polymers which contain various

TOSAF White Masterbatches concentrations of TiO2. they are used for indoor and outdoor applications
and also for food and non-food applications

Page - 227
TOSAF Group : Masterbatches Market: Developments
TOSAF Group has finalized the acquisition of Adtec Colorant Corporation. This
August, 2015 Acquisition acquisition will help in making TOSAF’s colors and additives masterbatches
portfolio more exhaustive.
Page - 228
Thank You!
IndustryARC
+1 614-588-8537/38
sales@IndustryARC.com
sanjay.matthews@IndustryARC.com
Page - 229

Masterbatch Market 2016

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Masterbatch Market 2016

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Masterbatches Market Analysis – By Type (Standard Color, Black, Additive, White, Filler and Others);

OUR EXPERTISE - END TO END CONSULTING

Energy and Power Lifesciences and Healthcare IT & Consulting

Company Profiles Executive Summary

Masterbatches Market: Masterbatches

Source: IndustryARC Analysis

Source: IndustryARC Analysis

Source: IndustryARC Analysis

Source: IndustryARC Analysis

Assumptions for The Masterbatches Market

Masterbatches Market Description

4. Data Interpretation &

15% Additive Masterbatch

Global Masterbatches Market Revenue, By Carrier, 2015-2022 ($M)

 APAC region is the major shareholder with more than %

MASTERBATCHES MARKET SHARE ANALYSIS, BY COMPANY 2015 (%)

Source: IndustryARC Analysis, Expert Insights

Clariant AG PolyOne Corporation

6200.00 3000.00 3,500 2,000

Source: IndustryARC Analysis, Company Annual Reports Page - 24

Automotive Electronic Appliances Medicine Packaging Textile

Food & Beverage Consumer Goods Building & Others

Figure: Masterbatches Market Volume, By End User, 2015-2022 (KT)

Source: IndustryARC Analysis, Expert Insights

Masterbatches Market Revenue, By End-User, 2015 (%)

Source: IndustryARC Analysis, Expert Insights

Drivers 2015 2016 2017 2018 2019 2020 2021

Increased consumption of plastics

Declining feedstock prices

Low cost production requirements for

Strong demand from the packaging and

Downturn in Chinese financial markets

Masterbatches Market - Drivers

= Minor = Low = Medium = High = Game Changing

Qualitative Weightages Index Values

Increased consumption 23% Low 1.17

Total 100% 100%

Global Masterbatchces Market - Drivers

Drivers 2015 2016 2017 2018 2019 2020 2021

Low adaption rates in market shift

Stringent regulatory norms towards

Low cost production requirements for

Increase production capacity in sync

Masterbatches Market - Constraints

= Minor = Low = Medium = High = Game Changing

Drivers 2015 2016 2017 2018 2019 2020 2021

Improved durability while reducing the

To find cheaper alternatives to an

Manufacturer’s requirement for better

Make alternative feedstock sources the

Masterbatches Market - Challenges

= Minor = Low = Medium = High = Game Changing

Global Masterbatches Market – Porter’s Five Forces

Product Substitutes 5 Bargaining Power of Suppliers

Supplier Switching 38 No. of Suppliers

Quality & Reliability 41

Global Masterbatches Market – Bargaining Power of Buyers

Bulk Purchasing 21 Bargaining Power of Buyers

Capital Needed 35 Threat from New Entrants

Economies of Scale Distribution Channel

Market Growth Rate 18

Porter’s Five Forces – Threat from New Entrants

Threat from Substitutes