
Saudi Arabia Masterbatch Market, By Product (Oxo-Biodegradable Masterbatch, White Masterbatch, Black Masterbatch, Color Masterbatch, Additives, Filler); By Carrier Polymer (Polypropylene (PP), Polyethylene (PE), Polyvinyl Chloride (PVC), Polyethylene Tere
Description
Saudi Arabia Masterbatch Market, By Product (Oxo-Biodegradable Masterbatch, White Masterbatch, Black Masterbatch, Color Masterbatch, Additives, Filler); By Carrier Polymer (Polypropylene (PP), Polyethylene (PE), Polyvinyl Chloride (PVC), Polyethylene Terephthalate (PET), Others (Polystyrene)); By Application (Packaging, Building & Construction, Consumer Goods, Automotive, Agriculture, Others (Textiles)), Trend Analysis, Competitive Landscape & Forecast, 2019–2030
Saudi Arabia Masterbatch Market Size Expands to Surpass Value of USD 3 Billion and Volume of 0.67 Million Tons by 2030
Saudi Arabia Masterbatch Market is flourishing because of the increasing demand for plastic products and bio-based masterbatches.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the Saudi Arabia Masterbatch Market size at USD 1.89 billion in 2023. During the forecast period between 2024 and 2030, BlueWeave expects the Saudi Arabia Masterbatch Market size to expand at a CAGR of 5.66% reaching a value of USD 3.01 billion by 2030. The growing use of plastic in a variety of industries, including construction, automotive, and packaging, is one of the major growth factors for the Saudi Arabia Masterbatch Market.
By volume, BlueWeave estimated the Saudi Arabia Masterbatch Market size at 0.32 million tons in 2023. During the forecast period between 2024 and 2030, BlueWeave expects the Saudi Arabia Masterbatch Market size to expand at a CAGR of 6.74% reaching the volume of 0.67 million tons by 2030. Other industry innovations, including the growing use of biobased masterbatch, are expected to propel the Saudi Arabia Masterbatch Market during the forecast period.
Opportunity: Expanding masterbatch production in Saudi Arabia
With rising plastic demand owing to the flourishing manufacturing sector and increasing government focus on economic diversification, the number of domestic masterbatch production companies has also spiked. For instance, Clariant, a chemicals company based in Switzerland, opened its state-of-the-art masterbatch production site in Yanbu, Saudi Arabia. The domestic production of Masterbatch is expected to decrease the logistics cost of sourcing raw materials from other countries and eventually boost manufacturing output in Saudi Arabia.
Saudi Arabia Masterbatch Market
Segmental Coverage
Saudi Arabia Masterbatch Market – By Product
Based on product, the Saudi Arabia Masterbatch Market is segmented into oxo-biodegradable masterbatch, white masterbatch, black masterbatch, color masterbatch, additives, and filler. The white masterbatch segment holds the largest share in the Saudi Arabia Masterbatch Market. Plastics are painted using a premium pigment called White Masterbatch. This type of masterbatch can be molded, coated, laminated, and utilized as protective films, among other applications. They consist of premium grades of titanium dioxide (TiO2) for both indoor and outdoor use.
Competitive Landscape
Major players operating in the Saudi Arabia Masterbatch Market include Avient Corporation, Astra Polymers, Cabot Corporation, Ingenia Polymer Corp., Ampacet Corporation, MD International Masterbatch & Compound, Pure Polymers, Rifd Plastics, Polyalwan, and Clariant.
To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and the Saudi Arabia Masterbatch Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in the Saudi Arabia Masterbatch Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
Table of Contents
200 Pages
- 1. Research Framework
- 1.1. Research Objective
- 1.2. Product Overview
- 1.3. Market Segmentation
- 2. Executive Summary
- 3. Saudi Arabia Masterbatch Market Insights
- 3.1. Industry Value Chain Analysis
- 3.2. DROC Analysis
- 3.2.1. Growth Drivers
- 3.2.1.1. Increasing Demand for Plastic Products
- 3.2.1.2. Growing Demand for Bio-Based Masterbatches
- 3.2.1.3. Rising Disposable Income
- 3.2.1.4. Government Initiatives
- 3.2.2. Restraints
- 3.2.2.1. Fluctuating Raw Material Prices
- 3.2.2.2. Stringent Environmental Regulations
- 3.2.2.3. Availability of Low Quality and Cheaper Products
- 3.2.3. Opportunity
- 3.2.3.1. Growing Demand for Functional Masterbatches
- 3.2.3.2. Development of Bio-based Masterbatches
- 3.2.3.3. Growth in End Use Industries
- 3.2.4. Challenges
- 3.2.4.1. Infrastructure Challenges
- 3.2.4.2. Lack of Technical Expertise
- 3.3. Technological Advancements/Recent Developments
- 3.4. Regulatory Framework
- 3.5. Porter’s Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry
- 4. Saudi Arabia Masterbatch Market: Marketing Strategies
- 5. Saudi Arabia Masterbatch Market Overview
- 5.1. Market Size & Forecast, 2019–2030
- 5.1.1. By Value (USD Billion)
- 5.1.2. By Volume (Million Tons)
- 5.2. Market Share & Forecast
- 5.2.1. By Product
- 5.2.1.1. Oxo-Biodegradable Masterbatch
- 5.2.1.2. White Masterbatch
- 5.2.1.3. Black Masterbatch
- 5.2.1.4. Color Masterbatch
- 5.2.1.5. Additives
- 5.2.1.6. Filler
- 5.2.2. By Carrier Polymer
- 5.2.2.1. Polypropylene (PP)
- 5.2.2.2. Polyethylene (PE)
- 5.2.2.3. Polyvinyl Chloride (PVC)
- 5.2.2.4. Polyethylene Terephthalate (PET)
- 5.2.2.5. Others (Polystyrene)
- 5.2.3. By Application
- 5.2.3.1. Packaging
- 5.2.3.2. Building & Construction
- 5.2.3.3. Consumer Goods
- 5.2.3.4. Automotive
- 5.2.3.5. Agriculture
- 5.2.3.6. Others (Including, Textile)
- 6. Saudi Arabia Masterbatch Market: Import & Export
- 7. Competitive Landscape
- 7.1. List of Key Players and Their Offerings
- 7.2. Saudi Arabia Masterbatch Company Market Share Analysis, 2023
- 7.3. Competitive Benchmarking, By Operating Parameters
- 7.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc)
- 8. Impact of Escalation Geopolitical Tensions on Saudi Arabia Masterbatch Market
- 9. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
- 9.1. Avient Corporation
- 9.2. Astra Polymers
- 9.3. Cabot Corporation
- 9.4. Ingenia Polymer Corp.
- 9.5. Ampacet Corporation
- 9.6. MD International Masterbatch & Compound
- 9.7. Pure Polymers
- 9.8. Rifd Plastics
- 9.9. Polyalwan
- 9.10. Clariant
- 9.11. Other Prominent Players
- 10. Key Strategic Recommendations
- 11. Research Methodology
- 11.1. Qualitative Research
- 11.1.1. Primary & Secondary Research
- 11.2. Quantitative Research
- 11.3. Market Breakdown & Data Triangulation
- 11.3.1. Secondary Research
- 11.3.2. Primary Research
- 11.4. Breakdown of Primary Research Respondents, By Country
- 11.5. Assumptions & Limitations
- *Financial information of non-listed companies can be provided as per availability.
- **The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.
- List of Figures
- Figure 1 Saudi Arabia Masterbatch Segmentation
- Figure 2 Saudi Arabia Masterbatch Market Value Chain Analysis
- Figure 3 Company Market Share Analysis, 2023
- Figure 4 Saudi Arabia Masterbatch Market, By Value (USD Billion), 2019–2030
- Figure 5 Saudi Arabia Masterbatch Market, By Volume (Million Tons), 2019–2030
- Figure 6 Saudi Arabia Masterbatch Market Share, By Product, By Value (USD Billion), 2019–2030
- Figure 6 Saudi Arabia Masterbatch Market Share, By Product, By Volume (Million Tons), 2019–2030
- Figure 7 Saudi Arabia Masterbatch Market Share, By Carrier Polymer, By Value (USD Billion), 2019–2030
- Figure 7 Saudi Arabia Masterbatch Market Share, By Carrier Polymer, By Volume (Million Tons), 2019–2030
- Figure 8 Saudi Arabia Masterbatch Market Share, By Application, By Value (USD Billion), 2019–2030
- Figure 8 Saudi Arabia Masterbatch Market Share, By Application, By Volume (Million Tons), 2019–2030
- List of Tables
- Table 1 Saudi Arabia Masterbatch Market, By Value (USD Billion), 2019–2030
- Table 2 Saudi Arabia Masterbatch Market, By Volume (Million Tons), 2019–2030
- Table 3 Saudi Arabia Masterbatch Market Share, By Product, By Value (USD Billion), 2019–2030
- Table 4 Saudi Arabia Masterbatch Market Share, By Product, By Volume (Million Tons), 2019–2030
- Table 5 Saudi Arabia Masterbatch Market Share, By Carrier Polymer, By Value (USD Billion), 2019–2030
- Table 6 Saudi Arabia Masterbatch Market Share, By Carrier Polymer, By Volume (Million Tons), 2019–2030
- Table 7 Saudi Arabia Masterbatch Market Share, By Application, By Value (USD Billion), 2019–2030
- Table 8 Saudi Arabia Masterbatch Market Share, By Application, By Volume (Million Tons), 2019–2030
- Table 9 Avient Corporation Company Overview
- Table 10 Avient Corporation Financial Overview
- Table 11 Astra Polymers Company Overview
- Table 12 Astra Polymers Financial Overview
- Table 13 Cabot Corporation Company Overview
- Table 14 Cabot Corporation Financial Overview
- Table 15 Ingenia Polymer Corp. Company Overview
- Table 16 Ingenia Polymer Corp. Financial Overview
- Table 17 Ampacet Corporation Company Overview
- Table 18 Ampacet Corporation Financial Overview
- Table 19 MD International Masterbatch & Compound Company Overview
- Table 20 MD International Masterbatch & Compound Financial Overview
- Table 21 Pure Polymers Company Overview
- Table 22 Pure Polymers Financial Overview
- Table 23 Rifd Plastics Company Overview
- Table 24 Rifd Plastics Financial Overview
- Table 25 Polyalwan Company Overview
- Table 26 Polyalwan Financial Overview
- Table 27 Clariant Company Overview
- Table 28 Clariant Financial Overview
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