Masterbatch Market size was valued at US$ 12.1 Bn. in 2021 and the total Masterbatch revenue is expected to grow at 5.5 % from 2022 to 2029, reaching nearly US$ 17.9 Bn.

On the other side, the market in Europe will witness remarkable growth on account of the rising demand from industries such as automotive, building and construction, and the rising popularity of lightweight vehicles in the region.

On the other side, the market in Europe will witness remarkable growth on account of the rising demand from industries such as automotive, building and construction, and the rising popularity of lightweight vehicles in the region.

The global masterbatch market reached a value of US$ 10.3 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 13.9 Billion by 2027, exhibiting a CAGR of 4.97% during 2022-2027.