Masterbatch Prices December 2023
Product
|
Category |
Region |
Price |
Masterbatch |
Polymer & Resin |
China |
1115 USD/MT (Black Masterbatch) |
The price of masterbatch in China for Q4 2023 reached 1115 USD/MT (Black Masterbatch) in December 2023. The market in China witnessed fluctuations in prices due to various reasons such as low production rates and a hike in manufacturing costs, which raised the prices. However, slow inquiries from consumers and moderate demand from polymer and plastics-producing sectors caused a slight drop in prices in November 2023. Furthermore, the market situation was bullish in the country due to low supplies of the product. Alongside, one of the fundamental causes of price instability was the mid-Autumn holidays, which caused slow market transactions and limited market activities.
Masterbatch Price Trend, Market Analysis, and News
IMARC’s newly published report, titled “Masterbatch Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of masterbatch pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.
It encompasses an in-depth review of spot price of masterbatch at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of masterbatch price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.
The report examines the elements influencing masterbatch price fluctuations, such as changes in raw material costs, supply-demand dynamics, geopolitical factors, and industry-specific developments. Additionally, it integrates the latest market news, providing stakeholders with up-to-date information on market shifts, regulatory changes, and technological advancements, thereby offering a comprehensive overview that aids in strategic decision-making and forecasting.
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Masterbatch Market Analysis
The global masterbatch market size reached US$ 11.5 Billion in 2023. By 2032, IMARC Group expects the market to reach US$ 16.9 Billion, at a projected CAGR of 4.30% during 2023-2032.
- The packaging industry's expansion, driven by e-commerce and consumer goods sectors, is significantly boosting the demand for masterbatch. It is used to produce attractive, durable packaging with specific functional properties like ultraviolet (UV) resistance and anti-static behavior, enhancing product shelf life and aesthetics, thus creating a positive outlook for market growth.
- Moreover, the automotive sector is increasing its use of plastics to reduce vehicle weight and improve fuel efficiency. In this regard, masterbatch is crucial for imparting color, enhancing material properties, and ensuring the durability of automotive plastics under extreme conditions, which, in turn, is fostering the market growth.
- The booming consumer electronics market requires plastics with specific properties like thermal stability and conductivity. Masterbatch plays a key role in delivering these characteristics while also providing aesthetic appeal through high-quality finishes and colors.
- Furthermore, stricter environmental regulations regarding the recyclability of packaging materials drive the need for masterbatch compatible with recyclable polymers, ensuring compliance and sustainability in packaging solutions.
- Continuous innovations in plastic products across industries require masterbatch solutions that adapt to new polymer types and applications. This is promoting the development of advanced masterbatches that enhance product features and performance.
- Besides this, there is a growing demand for bioplastics due to rising environmental concerns. This encourages the use of masterbatch that are formulated specifically for bio-based polymers, aligning with sustainability goals without compromising product quality and functionality.
- The expanding construction industry, which uses plastic components for applications ranging from piping to insulative wall coverings that can provide UV protection, flame retardancy, and weather resistance is supporting the market growth.
- Increasing health and safety standards in industries like food and beverage (F&B) and medical devices necessitate the use of masterbatch to meet regulatory requirements regarding consumables and sensitivity to human health.
- Additionally, masterbatch provides a cost-effective solution for coloring plastics by reducing the need for raw pigment handling and simplifying the production process, leading to lower manufacturing costs and increased efficiency.
- Also, the ability to customize masterbatch formulations allows manufacturers to adapt properties according to specific application needs, offering flexibility in product design and functionality, which is crucial for staying competitive in diverse markets.
Masterbatch News
The report covers the latest developments, updates, and trends impacting the global masterbatch market, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, advancements in masterbatch production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the masterbatch price trend.
Latest developments in the masterbatch industry:
- In December 2023, Ampacet launched ColorMark, a masterbatch additive technology that facilitates processors to create permanent lettering and designs in intricate detail on dark plastic surfaces.
- In November 2023, Cabot Corporation announced the launch of its new REPLASBLAK product family of circular black masterbatches with certified material. With this release, Cabot introduced three products which will be sold as the company’s first-ever International Sustainability & Carbon Certification (ISCC PLUS) certified black masterbatch products powered by EVOLVE Sustainable Solutions.
Product Description
Masterbatch is a concentrated mixture of pigments or additives encapsulated during a heat process into a carrier resin, which is then cooled and cut into a granular shape. Masterbatch allows the processor to color raw polymer economically during the plastics manufacturing process. These granules are used in various plastic manufacturing processes to impart color and other properties to the raw polymer.
Masterbatches offer numerous features that make them highly valuable in plastic manufacturing. They provide excellent dispersion of pigments and additives within the polymer, ensuring consistent color and properties throughout the product. Masterbatches are also cost-effective, as they allow precise control over the amount of pigment and additives used.
Another important use of masterbatches is in the automotive industry, where specialized additive masterbatches are used to enhance the performance of plastic components. It includes enhancing the heat resistance of plastic parts close to engines or improving the impact resistance of bumpers and other exterior components.
Regional Coverage
The report provides a detailed analysis of the masterbatch market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of ex-works, FOB, and CIF prices, as well as the key factors influencing the masterbatch price trend.
Global Masterbatch Price
The report offers a holistic view of the global masterbatch pricing trends in the form of masterbatch price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights current price of masterbatch but also provides insights into historical price trends, enabling stakeholders to understand past fluctuations and their underlying causes.
The report also delves into price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed masterbatch demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.
Europe Masterbatch Price
The European region has experienced bearish sentiment, and the prices declined throughout Q4FY2023. In October, prices in Germany fell due to sluggish demand from downstream industries. Concurrently, the Eurozone's manufacturing rates also declined, with growth in new orders contracting significantly. Although there was a slight improvement in the manufacturing purchasing manager's index (PMI), it indicated an ongoing decline in industrial activities. Apart from this, a further drop in the prices of masterbatch in Germany was registered, driven by sustained weakness in the demand from downstream industries such as plastics and polymer coloring.
This analysis can be extended to include detailed masterbatch price information for a comprehensive list of countries.
Region |
Countries Covered |
Europe |
Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal, and Greece, among other European countries. |
North America Masterbatch Price
In North America, the masterbatch market has demonstrated mixed trends. In line with this, the prices rose due to high-priced imports in October, but inflation eased in November, improving business conditions. In addition to this, there is a rise in consumer spending and enhanced market activities, contributing to an overall improvement in economic conditions. Alongside, increasing demand from plastics polymer coloring and other related industries contributed to improved business conditions, and major exporting nations raised selling prices due to higher production costs.
Specific masterbatch historical data within the United States and Canada can also be provided.
Region |
Countries Covered |
North America |
United States and Canada |
Middle East and Africa Masterbatch Price
The report explores the masterbatch pricing trends in the Middle East and Africa, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices.
In addition to region-wise data, information on masterbatch prices for countries can also be provided.
Region |
Countries Covered |
Middle East & Africa |
Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco, among other Middle Eastern and African countries. |
Asia Pacific Masterbatch Price
The masterbatch pricing in the Asia Pacific region is experiencing a moderate supply and demand dynamics. The market sentiments were bearish due to subdued demand from downstream polymer and plastics industries amid oversupplies. However, positive market sentiments were anticipated in China, which witnessed fluctuations in prices due to production rates and a hike in manufacturing costs that increased the prices of Black Masterbatch in China.
This masterbatch price analysis can be expanded to include a comprehensive list of countries within the region.
Region |
Countries Covered |
Asia Pacific |
China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries. |
Latin America Masterbatch Price
The analysis of masterbatch prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, industrial growth, and trade frameworks.
This comprehensive review can be extended to include specific countries within the region.
Region |
Countries Covered |
Latin America |
Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru, among other Latin American countries. |
Report Coverage
Key Attributes |
Details |
Product Name |
Masterbatch |
Report Features |
Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Masterbatch Price Analysis, and Segment-Wise Assessment. |
Currency/Units |
US$ (Data can also be provided in local currency) or Metric Tons |
Region/Countries Covered |
The current coverage includes analysis at the global and regional levels only.
Based on your requirements, we can also customize the report and provide specific information for the following countries:
Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand*
Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece*
North America: United States and Canada
Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru*
Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco*
*The list of countries presented is not exhaustive. Information on additional countries can be provided if required by the client. |
Information Covered for Key Suppliers |
- Company Overview
- Business Description
- Product Portfolio
- Recent Trends and Developments
|
Customization Scope |
The report can be customized as per the requirements of the customer |
Report Price and Purchase Option |
Plan A: Monthly Updates - Annual Subscription
- Scope
- Historical Data for the Current Month
- Forecast for Next Month
- Total Deliverables Per Year: 12 (One Per Month)
- Includes: One PDF and Excel datasheet per month, Post Purchase Analyst Support throughout the year
Plan B: Quarterly Updates - Annual Subscription
- Scope
- Historical Data for the Current Quarter
- Forecast for Next Quarter
- Total Deliverables Per Year: 4 (One Per Quarter)
- Includes: One PDF and Excel datasheet per Quarter, Post Purchase Analyst Support throughout the year
Plan C: Biannually Updates - Annual Subscription
- Scope
- Historical Data for the Current Half
- Forecast for the Next Half
- Total Deliverables Per Year: 2 (One Per 6 Months)
- Includes: One PDF and Excel datasheet per Half, Post Purchase Analyst Support throughout the year
|
Post-Sale Analyst Support |
360-degree analyst support after report delivery |
Delivery Format |
PDF and Excel through email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Benefits for Stakeholders:
- IMARC’s report presents a detailed analysis of masterbatch pricing, covering global and regional trends, spot prices at key ports, and a breakdown of Ex Works, FOB, and CIF prices.
- The study examines factors affecting masterbatch price trend, including raw material costs, supply-demand shifts, geopolitical impacts, and industry developments, offering insights for informed decision-making.
- The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
- IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The masterbatch price charts ensure our clients remain at the forefront of the industry.