Masterbatch has a wide range of applications and the industry has a broad consumer market

Masterbatch is a new type of special colorant for polymer materials composed of pigments or dyes, carriers, and additives. It can improve the dispersion, weather resistance and tinting power of pigments. It is widely used in chemical industry, automobiles, building materials, medical care, electronic appliances, and food. Beverages and other fields.

There are various types of masterbatch. According to different uses, they can be divided into injection molding masterbatch, spinning masterbatch, blown film masterbatch, etc.; according to different colors, they can be divided into white masterbatch, black masterbatch, colored masterbatch, etc.; according to different carriers, they can be divided into: It is divided into PP masterbatch, ABS masterbatch, PET masterbatch, EVA masterbatch, etc.

From the perspective of the global market, with the continuous expansion of industrial production scale and the continuous advancement of production technology, the output and demand of masterbatch have maintained a growth trend. In 2022, the global demand for masterbatch will exceed 6.2 million tons, and the output will exceed 6.4 million tons.

According to the “Masterbatch Industry In-depth Market Research and Investment Strategy Suggestions Report 2023-2027” released by the Industrial Research Center, from From the perspective of the domestic market, with the continuous development of the economy, the continuous improvement of national living standards, the gradual release of consumer demand, the continuous growth of market demand for household appliances, automobiles, etc., the pace of transformation and upgrading of traditional industries is gradually accelerating, and the scale of electronics, chemical industry and other industries continues to expand. In recent years, the domestic masterbatch market demand has been growing, and the industry has a broad consumer market. In 2017, my country’s masterbatch market demand was approximately 1.5 million tons, and in 2022, the market demand was approximately 2.3 million tons, with a compound annual growth rate of approximately 9% from 2017 to 2022.

From the perspective of market structure, white masterbatch accounts for approximately 37% of the market demand for color masterbatch, ranking first, black masterbatch accounts for approximately 32%, ranking second, and colored masterbatch accounts for approximately 16%, ranking third. From the perspective of market prices, affected by the turbulent economic situation, fierce market competition, and progress in production technology, the average market price of masterbatch has shown a fluctuating upward trend, rising from about 15,000 yuan/ton in 2017 to 16,000 yuan/ton in 2022. /ton or so.

The foreign masterbatch industry started earlier and has a long development time. It has strong competitive advantages in R&D capabilities, production technology, production scale, etc., and is in a dominant position in the market. Representative companies include Cabot, An Color, and Shure. Mann, PolyOne, etc. After a period of development in the domestic masterbatch industry, the number of production enterprises has continued to increase, but the number of enterprises above designated size is relatively small. There is still a certain gap between the domestic masterbatch industry and the international advanced level in terms of production equipment and product quality, and the industry still has great development. potential. The main domestic masterbatch manufacturers include Shandong Dawn Polymer Materials Co., Ltd., Ningbo Masterbatch Co., Ltd., Guangdong Meilian New Materials Co., Ltd., etc.

Industry analysts said that with the continuous development of the national economy, the scale of chemical, pharmaceutical, food and beverage industries continues to expand, and masterbatch The scope of applications will continue to expand, market demand will continue to grow, and the industry is booming. As market competition continues to intensify and environmental protection policies continue to advance, the masterbatch industry needs to increase investment in environmental protection, improve production technology, and develop in a high-quality and sustainable direction.