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Fluoropolymer Masterbatch Market size to exceed $550 million by 2027

  • Published Date: November 1, 2021

According to a new research report by Global Market Insights Inc., the Fluoropolymer Masterbatch Market size is forecast to exceed USD 550 million by 2027 owing to the rising product demand in plastic compounding applications.

Rising globalization and increasing disposable income in emerging countries will increase consumption of plastic films, pipes, valves, injection molded parts, etc., in the industrial sector. Growing demand for enhanced properties in plastic compounds by the addition of different colorants, pigments, masterbatches, etc., will provide opportunities for product development over the forecast timeframe. Global plastic production is estimated to reach approximately 0.35 billion tons in 2019, which will further create opportunities for fluoropolymer masterbatch market during the projected timeframe.

Stringent government regulations on the usage of fluorine-based additives in developed nations may hinder the global fluoropolymer masterbatch market during the projected timeframe. Government bodies including the U.S. EPA, the European Union, etc., have specified norms on the usage of this product, which will slow down the industry size by the end of the projected timeframe.

Browse key industry insights spread across 160 pages with 197 market data tables & 21 figures & charts from the report, “Fluoropolymer Masterbatch Market Size, By Resin (PVDF, PTFE, ECTFE/ETFE, FEP, PFA/MFA), By Type (Black, White, Color, Additive), By Application (Wires & Cables, Films, Tubing, Injection Molded Parts), Industry Analysis Report, Regional Outlook, Growth Potential, Price Trend, Competitive Market Share & Forecast, 2021 – 2027”, in detail along with the table of contents: https://www.gminsights.com/industry-analysis/fluoropolymer-masterbatch-market

PVDF masterbatch will expand at a CAGR of 3.7% through 2027. This masterbatch offers excellent pigment dispersion and consistent color quality in extrusion & injection molding applications. It also offers chemical resistance, deep color, and required aesthetic properties in wires & cables and finds extensive applications in the construction & automotive industries.

Superior opacity & high thermal stability will drive the sales of white masterbatch

White fluoropolymer masterbatch is mainly composed of titanium dioxide (TiO2) and provide brilliant whiteness to the final product. The brightness and opacity of the color can be altered by changing the composition & grade of TiO2. It also provides high ultraviolet and thermal stability to the cables. Growing logistics and domestic & international trade activities will bolster the market growth significantly in the coming years.

Films is estimated to witness 3.8% growth rate in the global fluoropolymer masterbatch market during the projected timeframe due to the rising demand for fluoropolymer masterbatch in the film processing sector. The incompatibility of carrier resins with plastic and superior affinity for metal leads to the formation of thin coating in extrusion dies. This effect further reduces the friction between the metal wall and molten plastic, leading to lower stress on the plastics. By producing films using these masterbatches, the overall productivity and costs are improvised, which is expected to be the key growth-enhancing factor in this segment.

Europe will account for over 15% share of the global fluoropolymer masterbatch industry during the projected timeframe. This can be attributed to the rising production of plastics along with an increasing number of wire & cable companies in the region. Stringent government regulations on fluorine-based additives are expected to slow down the growth of masterbatch products in the region. However, superior product properties and growing acceptance of coloring plastics will propel regional growth over the projected timeframe.

Authors: Kiran Pulidindi, Akshay Prakash