Middle East & Africa Masterbatch Market Forecast to 2031

At 4.6% CAGR, Middle East & Africa Masterbatch Market is Speculated to be Worth US$ 1,600.10 Million by 2031, says The Research Team

According toThe Research Team’ research, the Middle East & Africa masterbatch market was valued at US$ 1,113.81 million in 2023 and is expected to reach US$ 1,600.10 million by 2031, registering a CAGR of 4.6% from 2023 to 2031. Growing demand for plastic packaging in emerging economies and strategic initiatives by key market players are among the critical factors attributed to drive the Middle East & Africa masterbatch market growth.

Masterbatch is widely used for coloring, UV stabilization, anti-block properties, and flame retardancy in plastic packaging solutions such as films, bottles, containers, sheets, and wraps. It offers several advantages such as precise color control, cost-effectiveness, ease of handling, and customization, making it a preferred choice for achieving desired properties in the packaging products.

Plastic is non-biodegradable material and requires adequate reusable and recycling system. Increasing sustainability initiatives, environmental concerns related to plastic disposal, and formulation regulations are among the factors fostering the demand for recycled plastic. Many organizations and companies have transitioned toward the utilization of recycled plastics for the packaging of finished goods. The demand for recycled plastics in the packaging industry further creates an arena for manufacturers to develop and launch compostable or 100% recycled masterbatch. Therefore, the growing demand for plastic packaging in emerging economies bolsters the growth of the masterbatch market.

On the contrary, fluctuations in raw material prices hurdle the growth of Middle East & Africa masterbatch market.

Based on type, the Middle East & Africa masterbatch market is divided into white, black, additives, color, filler, and others. The white segment held 30.4% market share in 2023, amassing US$ 338.94 million. It is projected to garner US$ 485.94 million by 2031 to register 4.6% CAGR during 2023-2031.

In terms of polymer, the Middle East & Africa masterbatch market is segmented into polyethylene, polypropylene, polyethylene terephthalate, polystyrene, and others. The polyethylene segment held 34.8% share of Middle East & Africa masterbatch market in 2023, amassing US$ 387.06 million. It is anticipated to garner US$ 545.85 million by 2031 to expand at 4.4% CAGR during 2023-2031.

By end-use industry, the Middle East & Africa masterbatch market is divided into building and construction, automotive, packaging, agriculture, electrical and electronics, and others. The packaging segment held 49.0% share of Middle East & Africa masterbatch market in 2023, amassing US$ 546.01 million. It is projected to garner US$ 797.82 million by 2031 to expand at 4.9% CAGR from 2023 to 2031.

Based on country, the Middle East & Africa masterbatch market is categorized into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. Our regional analysis states that Saudi Arabia captured 32.6% share of Middle East & Africa masterbatch market in 2023. It was assessed at US$ 362.58 million in 2023 and is likely to hit US$ 541.02 million by 2031, registering a CAGR of 5.1% during 2023-2031.

Key players operating in the Middle East & Africa masterbatch market are Avient Corp, Ampacet Corporation, Cabot Corp, LyondellBasell Industries NV, and FRILVAM SPA, among others.

In December 2023, Ampacet Corporation introduced ColorMark, masterbatch additive technology that enables processors to create permanent lettering and designs in intricate detail on dark plastic surfaces. It is compatible with PP, PS, ABS, PC, PA and other engineered resins used in injection molding, thermoforming and sheet applications.

In November 2023, Cabot Corporation announced the launch of its new REPLASBLAK product family of circular black masterbatches with certified materials. With this launch, 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.

o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Middle East & Africa masterbatch market.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in Middle East & Africa masterbatch market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth Middle East & Africa market trends and outlook coupled with the factors driving the Middle East & Africa masterbatch market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.

TABLE OF CONTENTS

1. Introduction
1.1 The Research Team Research Report Guidance
1.2 Market Segmentation
1.3 Limitations and Assumptions
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Middle East & Africa Masterbatch Market Landscape
4.1 Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Intensity of Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
5. Middle East & Africa Masterbatch Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Growing Demand for Plastic Packaging in Emerging Economies
5.1.2 Rising Demand for Black Masterbatches from End-Use Industries
5.2 Market Restraints
5.2.1 Fluctuations in Raw Material Prices
5.3 Market Opportunities
5.3.1 Strategic Initiatives by Key Market Players
5.4 Future Trends
5.4.1 Adoption of Biodegradable and Compostable Masterbatch
5.5 Impact of Drivers and Restraints:
6. Masterbatch Market – Middle East & Africa Market Analysis
6.1 Middle East & Africa Masterbatch Market Volume (Kilo Tons), 2023-2031
6.2 Middle East & Africa Masterbatch Market Volume Forecast and Analysis (Kilo Tons)
6.3 Middle East & Africa Masterbatch Market Revenue (US$ Million), 2023-2031
6.4 Middle East & Africa Masterbatch Market Forecast and Analysis
7. Middle East & Africa Masterbatch Market Volume and Revenue Analysis – by Type
7.1 White
7.1.1 Overview
7.1.2 White: Masterbatch Market – Volume and Forecast to 2031 (Kilo Tons)
7.1.3 White: Masterbatch Market – Revenue and Forecast to 2031 (US$ Million)
7.2 Black
7.2.1 Overview
7.2.2 Black: Masterbatch Market – Volume and Forecast to 2031 (Kilo Tons)
7.2.3 Black: Masterbatch Market – Revenue and Forecast to 2031 (US$ Million)
7.3 Additives
7.3.1 Overview
7.3.2 Additives: Masterbatch Market – Volume and Forecast to 2031 (Kilo Tons)
7.3.3 Additives: Masterbatch Market – Revenue and Forecast to 2031 (US$ Million)
7.4 Color
7.4.1 Overview
7.4.2 Color: Masterbatch Market – Volume and Forecast to 2031 (Kilo Tons)
7.4.3 Color: Masterbatch Market – Revenue and Forecast to 2031 (US$ Million)
7.5 Filler
7.5.1 Overview
7.5.2 Filler: Masterbatch Market – Volume and Forecast to 2031 (Kilo Tons)
7.5.3 Filler: Masterbatch Market – Revenue and Forecast to 2031 (US$ Million)
7.6 Others
7.6.1 Overview
7.6.2 Others: Masterbatch Market – Volume and Forecast to 2031 (Kilo Tons)
7.6.3 Others: Masterbatch Market – Revenue and Forecast to 2031 (US$ Million)
8. Middle East & Africa Masterbatch Market Revenue Analysis – by Polymer
8.1 Polyethylene
8.1.1 Overview
8.1.2 Polyethylene: Masterbatch Market – Revenue and Forecast to 2031 (US$ Million)
8.2 Polypropylene
8.2.1 Overview
8.2.2 Polypropylene: Masterbatch Market – Revenue and Forecast to 2031 (US$ Million)
8.3 Polyethylene Terephthalate
8.3.1 Overview
8.3.2 Polyethylene Terephthalate: Masterbatch Market – Revenue and Forecast to 2031 (US$ Million)
8.4 Polystyrene
8.4.1 Overview
8.4.2 Polystyrene: Masterbatch Market – Revenue and Forecast to 2031 (US$ Million)
8.5 Others
8.5.1 Overview
8.5.2 Others: Masterbatch Market – Revenue and Forecast to 2031 (US$ Million)
9. Middle East & Africa Masterbatch Market Revenue Analysis – by End-use Industry
9.1 Building and Construction
9.1.1 Overview
9.1.2 Building and Construction: Masterbatch Market – Revenue and Forecast to 2031 (US$ Million)
9.2 Automotive
9.2.1 Overview
9.2.2 Automotive: Masterbatch Market – Revenue and Forecast to 2031 (US$ Million)
9.3 Packaging
9.3.1 Overview
9.3.2 Packaging: Masterbatch Market – Revenue and Forecast to 2031 (US$ Million)
9.4 Agriculture
9.4.1 Overview
9.4.2 Agriculture: Masterbatch Market – Revenue and Forecast to 2031 (US$ Million)
9.5 Electrical and Electronics
9.5.1 Overview
9.5.2 Electrical and Electronics: Masterbatch Market – Revenue and Forecast to 2031 (US$ Million)
9.6 Others
9.6.1 Overview
9.6.2 Others: Masterbatch Market – Revenue and Forecast to 2031 (US$ Million)
10. Middle East & Africa Masterbatch Market – Country Analysis
10.1 Middle East & Africa
10.1.1 Middle East & Africa Masterbatch Market Breakdown by Key Countries, 2023 and 2031 (%)
10.1.1.1 Middle East & Africa Masterbatch Market Volume and Forecast and Analysis – by Country
10.1.1.2 Middle East & Africa Masterbatch Market Revenue and Forecast and Analysis -by Country
10.1.1.3 South Africa Masterbatch Market – Revenue and Forecast to 2031 (US$ Million)
10.1.1.3.1 South Africa Masterbatch Market Breakdown by Type
10.1.1.3.2 South Africa Masterbatch Market Breakdown by Polymer
10.1.1.3.3 South Africa Masterbatch Market Breakdown by End-use Industry
10.1.1.4 Saudi Arabia Masterbatch Market – Revenue and Forecast to 2031 (US$ Million)
10.1.1.4.1 Saudi Arabia Masterbatch Market Breakdown by Type
10.1.1.4.2 Saudi Arabia Masterbatch Market Breakdown by Polymer
10.1.1.4.3 Saudi Arabia Masterbatch Market Breakdown by End-use Industry
10.1.1.5 United Arab Emirates Masterbatch Market – Revenue and Forecast to 2031 (US$ Million)
10.1.1.5.1 United Arab Emirates Masterbatch Market Breakdown by Type
10.1.1.5.2 United Arab Emirates Masterbatch Market Breakdown by Polymer
10.1.1.5.3 United Arab Emirates Masterbatch Market Breakdown by End-use Industry
10.1.1.6 Rest of Middle East & Africa Masterbatch Market – Revenue and Forecast to 2031 (US$ Million)
10.1.1.6.1 Rest of Middle East & Africa Masterbatch Market Breakdown by Type
10.1.1.6.2 Rest of Middle East & Africa Masterbatch Market Breakdown by Polymer
10.1.1.6.3 Rest of Middle East & Africa Masterbatch Market Breakdown by End-use Industry
11. Competitive Landscape
11.1 Heat Map Analysis by Key Players
11.2 Company Positioning & Concentration
12. Industry Landscape
12.1 Overview
12.2 Expansion
12.3 Other Business Strategies
13. Company Profiles
13.1 Avient Corp
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Ampacet Corporation
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Cabot Corp
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 LyondellBasell Industries NV
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 FRILVAM SPA
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
14. Appendix
14.1 About The Research Team

LIST OF TABLES

Table 1. Middle East & Africa Masterbatch Market Segmentation
Table 2. Pigment Properties and Extruder Process Parameters
Table 3. Middle East & Africa Masterbatch Market – Volume and Forecast to 2031 (Kilo Tons)
Table 4. Middle East & Africa Masterbatch Market – Revenue and Forecast to 2031 (US$ Million)
Table 5. Middle East & Africa Masterbatch Market – Volume and Forecast to 2031 (Kilo Tons) – by Type
Table 6. Middle East & Africa Masterbatch Market – Revenue and Forecast to 2031 (US$ Million) – by Type
Table 7. Middle East & Africa Masterbatch Market – Revenue and Forecast to 2031 (US$ Million) – by Polymer
Table 8. Middle East & Africa Masterbatch Market – Revenue and Forecast to 2031 (US$ Million) – by End-use Industry
Table 9. Middle East & Africa Masterbatch Market – Volume and Forecast to 2031 (Kilo Tons) – by Country
Table 10. Middle East & Africa Masterbatch Market – Revenue and Forecast to 2031 (US$ Million) – by Country
Table 11. South Africa Masterbatch Market -Volume and Forecast to 2031 (Kilo Tons) – by Type
Table 12. South Africa Masterbatch Market – Revenue and Forecast to 2031 (US$ Million) – by Type
Table 13. South Africa Masterbatch Market – Revenue and Forecast to 2031 (US$ Million) – by Polymer
Table 14. South Africa Masterbatch Market – Revenue and Forecast to 2031 (US$ Million) – by End-use Industry
Table 15. Saudi Arabia Masterbatch Market -Volume and Forecast to 2031 (Kilo Tons) – by Type
Table 16. Saudi Arabia Masterbatch Market – Revenue and Forecast to 2031 (US$ Million) – by Type
Table 17. Saudi Arabia Masterbatch Market – Revenue and Forecast to 2031 (US$ Million) – by Polymer
Table 18. Saudi Arabia Masterbatch Market – Revenue and Forecast to 2031 (US$ Million) – by End-use Industry
Table 19. United Arab Emirates Masterbatch Market -Volume and Forecast to 2031 (Kilo Tons) – by Type
Table 20. United Arab Emirates Masterbatch Market – Revenue and Forecast to 2031 (US$ Million) – by Type
Table 21. United Arab Emirates Masterbatch Market – Revenue and Forecast to 2031 (US$ Million) – by Polymer
Table 22. United Arab Emirates Masterbatch Market – Revenue and Forecast to 2031 (US$ Million) – by End-use Industry
Table 23. Rest of Middle East & Africa Masterbatch Market -Volume and Forecast to 2031 (Kilo Tons) – by Type
Table 24. Rest of Middle East & Africa Masterbatch Market – Revenue and Forecast to 2031 (US$ Million) – by Type
Table 25. Rest of Middle East & Africa Masterbatch Market – Revenue and Forecast to 2031 (US$ Million) – by Polymer
Table 26. Rest of Middle East & Africa Masterbatch Market – Revenue and Forecast to 2031 (US$ Million) – by End-use Industry

LIST OF FIGURES

Figure 1. Middle East & Africa Masterbatch Market Segmentation, by Country
Figure 2. Porter’s Five Forces Analysis
Figure 3. Ecosystem Analysis: Middle East & Africa Masterbatch Market
Figure 4. Middle East & Africa Masterbatch Market – Key Market Dynamics
Figure 5. Crude Oil Prices in Accordance with Various Geopolitical and Economic Events (2000-2023)
Figure 6. Impact Analysis of Drivers and Restraints
Figure 7. Middle East & Africa Masterbatch Market Volume (Kilo Tons), 2023-2031
Figure 8. Middle East & Africa Masterbatch Market Revenue (US$ Million), 2023-2031
Figure 9. Middle East & Africa Masterbatch Market Share (%) – Type, 2023 and 2031
Figure 10. White: Masterbatch Market – Volume and Forecast to 2031 (Kilo Tons)
Figure 11. White: Masterbatch Market – Revenue and Forecast to 2031 (US$ Million)
Figure 12. Black: Masterbatch Market – Volume and Forecast to 2031 (Kilo Tons)
Figure 13. Black: Masterbatch Market – Revenue and Forecast to 2031 (US$ Million)
Figure 14. Additives: Masterbatch Market – Volume and Forecast to 2031 (Kilo Tons)
Figure 15. Additives: Masterbatch Market – Revenue and Forecast to 2031 (US$ Million)
Figure 16. Color: Masterbatch Market – Volume and Forecast to 2031 (Kilo Tons)
Figure 17. Color: Masterbatch Market – Revenue and Forecast to 2031 (US$ Million)
Figure 18. Filler: Masterbatch Market – Volume and Forecast to 2031 (Kilo Tons)
Figure 19. Filler: Masterbatch Market – Revenue and Forecast to 2031 (US$ Million)
Figure 20. Others: Masterbatch Market – Volume and Forecast to 2031 (Kilo Tons)
Figure 21. Others: Masterbatch Market – Revenue and Forecast to 2031 (US$ Million)
Figure 22. Middle East & Africa Masterbatch Market Share (%) – Polymer, 2023 and 2031
Figure 23. Polyethylene: Masterbatch Market – Revenue and Forecast to 2031 (US$ Million)
Figure 24. Polypropylene: Masterbatch Market – Revenue and Forecast to 2031 (US$ Million)
Figure 25. Polyethylene Terephthalate: Masterbatch Market – Revenue and Forecast to 2031 (US$ Million)
Figure 26. Polystyrene: Masterbatch Market – Revenue and Forecast to 2031 (US$ Million)
Figure 27. Others: Masterbatch Market – Revenue and Forecast to 2031 (US$ Million)
Figure 28. Middle East & Africa Masterbatch Market Share (%) – End-use Industry, 2023 and 2031
Figure 29. Building and Construction: Masterbatch Market – Revenue and Forecast to 2031 (US$ Million)
Figure 30. Automotive: Masterbatch Market – Revenue and Forecast to 2031 (US$ Million)
Figure 31. Packaging: Masterbatch Market – Revenue and Forecast to 2031 (US$ Million)
Figure 32. Agriculture: Masterbatch Market – Revenue and Forecast to 2031 (US$ Million)
Figure 33. Electrical and Electronics: Masterbatch Market – Revenue and Forecast to 2031 (US$ Million)
Figure 34. Others: Masterbatch Market – Revenue and Forecast to 2031 (US$ Million)
Figure 35. Middle East & Africa Masterbatch Market Breakdown by Key Countries, 2023 and 2031 (%)
Figure 36. South Africa Masterbatch Market – Revenue and Forecast to 2031 (US$ Million)
Figure 37. Saudi Arabia Masterbatch Market – Revenue and Forecast to 2031 (US$ Million)
Figure 38. United Arab Emirates Masterbatch Market – Revenue and Forecast to 2031 (US$ Million)
Figure 39. Rest of Middle East & Africa Masterbatch Market – Revenue and Forecast to 2031 (US$ Million)
Figure 40. Heat Map Analysis by Key Players
Figure 41. Company Positioning & Concentration