The masterbatches industry includes color, additive, white, black, and filler segments. It also comprises 2 end-product families: thermoplastics and thermosets. 

Manufacturers use masterbatches to incorporate pigments and additives into polymer resins and elastomers more efficiently. These compounds improve product uniformity and process stability by enhancing dispersion. They also encapsulate hazardous chemicals, making handling safer. Supplied in dust-free pellet form, masterbatches keep production areas cleaner, reduce cross-contamination, and speed up product changeovers. As a result, industries such as packaging, agriculture, textiles, and medical increasingly prefer masterbatches over conventional pigments and additives.

In 2024, additive and color masterbatches accounted for the largest global market shares by both value and volume. They are likely to maintain this lead during the forecast period. Additive masterbatches enhance plastic performance, while color masterbatches increase polymer versatility, allowing manufacturers to meet diverse end-use requirements.

• Why do manufacturers rely on thermoplastics, including thermoplastic polymers and elastomers, and how will they impact future growth?
• How has the rise in middle-class populations and household incomes in specific regions led to increased discretionary spending on commoditized thermoplastic products and created new opportunities?
• What impact will the dust-free handling and multifunctional benefits of masterbatches, along with the expansion of end-product development, have on adoption and growth?