Oman Masterbatch

Oman Masterbatch Market Research Report: Forecast (2023-2028)

By Type (Black, White, Colour, Additive), By Application (Film Extrusion, Injection Moulding, Blow Moulding, Roto Moulding, Others (Pipe extrusion, multifilament etc.)), By End Users (Automotive, Pack Read more

  • Chemicals
  • Nov 2022
  • 103
  • CM10270

Market Definition

Masterbatch (MB) is a solid or liquid additive for plastic used for coloring plastics (color masterbatch) or imparting other properties to plastics (additive masterbatch). The additive is made through heating procedures and utilized for enhancing the quality & performance of polymers. The application of these cost-effective additives is easy, dirt-free, & stable, which minimizes the safety risks associated with using powder pigments. Oman is witnessing an extensive demand for masterbatches owing to the ever-increased production of plastics & consumer goods across the country.

Market Insights

The Oman Masterbatch Market is projected to grow at a CAGR of around 16.4% during the forecast period, i.e., 2023-28. The anticipated growth can be attributed to rapidly surging industrialization & construction projects and the booming packaging industry alongside notable advancements in the automotive industry. It is primarily because of the swift replacement of metals with masterbatch owing to the latter's better sustainability, safety, & design shown by automotive manufacturers. Such a rapidly growing preference for masterbatches is to bring in more demand for the product during the forecast period.

Report Coverage Details
Study Period Historical Data: 2018-21
Base Year: 2022
Forecast Period: 2023-28
CAGR (2023-2028) 16.4%
Key Companies Profiled Gulf Additives LLC, LyondellBasell, Vibrant Colortech, Polytec Masterbach LLC, The MAAG Group, First Maritime General Trading Company, USEON (Nanjing) Extrusion Machinery Co., Ltd., Clariant Masterbatches, ?lhan Plastik, Perfect Colourants and Plastics Pvt. Ltd. (PCPPL)
Unit Denominations USD Million/Billion

 

Besides, the propensity for lightweight components like bumpers, dashboards, car batteries, headlamps, wires, cables, etc., appears to drive the Masterbatch market in Oman. Additionally, the multiplying manufacturing units of companies like LyondellBasell, Polytec Masterbach LLC, The MAAG Group, First Maritime General Trading Company, and Clariant Masterbatches seem to further the expansion of the country's automotive sector and, consequently, positively influence the demand for masterbatches.

Moreover, the frequent adoption of masterbatches in cables, wires & electronic products like televisions, computers, & other home appliances is also augmenting the overall market growth. In addition, the mounting need for consumer goods with an enhanced appearance, including kitchenware, footwear, toys, household articles, etc., attained through color masterbatches, is the other prominent factor expected to aid the market acceleration in the coming years.

  1. Introduction
    1. Product Definition
    2. Research Process
    3. Assumptions
    4. Market Segmentation
  2. Executive Summary
  3. Impact of COVID-19 on Oman Masterbatch Market
  4. Oman Masterbatch Market Trends & Insights
  5. Oman Masterbatch Market Dynamics
    1. Growth Drivers
    2. Challenges
  6. Oman Masterbatch Market Policies, Regulations, Product Standards  
  7. Oman Masterbatch Market- Supply Chain Analysis
  8. Oman Masterbatch Market Hotspot & Opportunities
  9. Oman Masterbatch Market Outlook, 2018-2028F
    1. Market Size & Analysis
      1.  By Revenues (USD Million)
      2.  By Quantity Sold (Thousand Tons)
    2. Market Share & Analysis
      1. By Type
        1. Black
        2. White
        3. Colour
        4. Additive
      2. By Application
        1. Film Extrusion
        2. Injection Moulding
        3. Blow Moulding
        4. Roto Moulding
        5. Others (Pipe extrusion, multifilament etc.)
      3.  By End Users
        1. Automotive
        2. Packaging
        3. Consumer Goods
        4. Agriculture
        5. Construction
        6. Retail
      4. By Process
        1. Extrusion
        2. Modelling
      5. By Resins
        1. Polyethylene
        2. Polystyrene
        3. Others (Polypropylene, Polycarbonate etc.)
      6. By Companies
        1. Competition Characteristics
        2. Market Share of Top Companies
  10. Oman Black Masterbatch Market Outlook, 2018-2028F
    1. Market Size & Analysis
      1.  By Revenues (USD Million)
      2.  By Quantity Sold (Thousand Tons)
    2. Market Share & Analysis
      1. By Application
      2. By End Users
      3. By Resins
  11. Oman White Masterbatch Market Outlook, 2018-2028F
    1. Market Size & Analysis
      1.  By Revenues (USD Million)
      2.  By Quantity Sold (Thousand Tons)
    2. Market Share & Analysis
      1. By Application
      2. By End Users
      3. By Resins
  12. Oman Color Masterbatch Outlook, 2018-2028F
    1. Market Size & Analysis
      1.  By Revenues (USD Million)
      2.  By Quantity Sold (Thousand Tons)
    2. Market Share & Analysis
      1. By Application
      2. By End Users
      3. By Resins
  13. Oman Additives Masterbatch Outlook, 2018-2028F
    1. Market Size & Analysis
      1.  By Revenues (USD Million)
      2.  By Quantity Sold (Thousand Tons)
    2. Market Share & Analysis
      1. By Type
        1. Antimicrobial Masterbatch
        2. UV Stabilizer Masterbatch
        3. Anti-block Masterbatch
        4. Anti-Slip Masterbatch
        5. Antioxidant Masterbatch
        6. Anti-fog Masterbatch
        7. Others (Antistatic, Optical brightener masterbatch etc.)
      2. By Application
      3. By End Users
      4. By Resins
  14. Oman Masterbatch Market Key Strategic Imperatives for Success & Growth
  15. Competition Outlook
    1. Competition Matrix
      1. Product Portfolio
      2. Target Markets
      3. Research & Development
      4. Strategic Alliances
      5. Strategic Initiatives
    2. Company Profiles (Business Description, Product Segments, Business Segments, Financials, Strategic Alliances/ Partnerships, Future Plans)
      1. Gulf Additives LLC
      2. LyondellBasell
      3. Vibrant Colortech
      4. Polytec Masterbach LLC
      5. The MAAG Group
      6. First Maritime General Trading Company
      7. USEON (Nanjing) Extrusion Machinery Co., Ltd.
      8. Clariant Masterbatches
      9. ?lhan Plastik
      10. Perfect Colourants and Plastics Pvt. Ltd. (PCPPL)
  16. Disclaimer
Oman Masterbatch Market Segmentation Slide
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