In 2022, the market value of masterbatch was estimated at approximately 14.9 billion U.S. dollars worldwide, a slight increase in comparison to one year earlier. By the year 2029, the global market value of masterbatch is forecast to grow to around 22.3 billion U.S. dollars. Masterbatch is a an additive for plastics used for coloring or imparting other properties.
Masterbatch market value worldwide from 2017 to 2022, with a forecast until 2029
(in billion U.S. dollars)
* Estimated figure.
** Starting from the indicated year, figures are forecast based on a CAGR of 5.9 percent from 2023 to 2029.
Figures have been rounded.
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Precision Business Insights. (April 30, 2022). Masterbatch market value worldwide from 2017 to 2022, with a forecast until 2029 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/statistics/1313208/masterbatch-market-value-worldwide/
Precision Business Insights. "Masterbatch market value worldwide from 2017 to 2022, with a forecast until 2029 (in billion U.S. dollars)." Chart. April 30, 2022. Statista. Accessed November 23, 2024. https://www.statista.com/statistics/1313208/masterbatch-market-value-worldwide/
Precision Business Insights. (2022). Masterbatch market value worldwide from 2017 to 2022, with a forecast until 2029 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/statistics/1313208/masterbatch-market-value-worldwide/
Precision Business Insights. "Masterbatch Market Value Worldwide from 2017 to 2022, with a Forecast until 2029 (in Billion U.S. Dollars)." Statista, Statista Inc., 30 Apr 2022, https://www.statista.com/statistics/1313208/masterbatch-market-value-worldwide/
Precision Business Insights, Masterbatch market value worldwide from 2017 to 2022, with a forecast until 2029 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1313208/masterbatch-market-value-worldwide/ (last visited November 23, 2024)
Masterbatch market value worldwide from 2017 to 2022, with a forecast until 2029 (in billion U.S. dollars) [Graph], Precision Business Insights, April 30, 2022. [Online]. Available: https://www.statista.com/statistics/1313208/masterbatch-market-value-worldwide/
