Market Overview:
The global oxygen scavenger additive masterbatch market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for oxygen scavenger additive masterbatches from various end-use industries, such as beer and wine bottle, juice bottle, and others. In addition, the growing awareness about food safety among consumers is also propelling the growth of this market. Based on type, PET masterbatch accounted for the largest share of the global oxygen scavenger additive masterbatch market in 2017. This can be attributed to its high demand from end-use industries such as beer and wine bottle and juice bottle.
Product Definition:
An oxygen scavenger additive masterbatch is a polymer-based additive that helps to remove or reduce the amount of oxygen present in a material. The importance of an oxygen scavenger additive masterbatch lies in its ability to protect materials from oxidation, which can cause degradation and shorten the lifespan of the material.
PET Masterbatch:
PET masterbatch is a special additive, which has the ability to remove oxygen from water. It can be used in many applications such as cooling towers, thermal processing units and heat exchangers. The growing demand for PET in packaging applications along with its durability and recyclability makes it an ideal choice for oxygen scavenger additive masterbatch market.
PP Masterbatch:
PP masterbatch is a high purity polymer, which consists of polypropylene and Methylene Diphenyl Diisocyanate (MDI) among others. It has been used as an oxygen scavenger additive in the production of Polyurethane (PU) foams. The product helps to reduce the formation of carbon monoxide on heating and freezing temperatures, thus avoiding its incorporation into the final product along with other impurities.
Application Insights:
Beer and wine bottle application dominated the global market, accounting for over 40% of the overall revenue share in 2017. The segment is expected to witness significant growth during the forecast period on account of increasing demand for beer across various regions including North America and Europe.
The juice bottle application segment is also expected to witness considerable growth during the forecast period owing to increased consumption of juices across various regions including Asia Pacific and Middle East & Africa. Oxygen scavenger additives are used in industrial applications such as oil well drilling fluid where there is a high risk of fire due to friction between oil wellbore casing or tubing stringing up from deep within the earth, which can lead to leakage or blowout at surface level if not controlled properly.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for nearly 60% of global production of oxygen scavenger additives. Rising demand from end-use industries such as food and beverage, pharmaceuticals, personal care products, and others is anticipated to drive growth over the coming years. China has emerged as a major consumer owing to rapid industrialization coupled with strong economic growth in this country.
Europe accounted for more than 20% of global revenue share in 2017 on account of rising demand from several end-use industries including automotive, paints and coatings, wood packaging among others which are highly resistant against moisture damage caused by oxygen free radicals generated during polymer degradation process.
Growth Factors:
- Increasing demand for oxygen scavenger additive masterbatch in packaging applications due to its ability to extend the shelf life of packaged products.
- Rising demand from end-use industries such as food and beverage, pharmaceuticals, and cosmetics owing to the benefits offered by oxygen scavenger additive masterbatch.
- Growing awareness about the benefits of oxygen scavenger additive masterbatch among consumers is expected to fuel its market growth during the forecast period.
- Technological advancements in manufacturing processes of oxygen scavenger additive masterbatches are projected to create new opportunities for this market during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Oxygen Scavenger Additive Masterbatch Market Research Report
By Type
PET Masterbatch, PP Masterbatch, PE Masterbatch
By Application
Beer and Wine Bottle, Juice Bottle
By Companies
Polyone, Albis Plastic, Gabriel-Chemie, Clariant AG, NanoBioMatters
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Oxygen Scavenger Additive Masterbatch Market Report Segments:
The global Oxygen Scavenger Additive Masterbatch market is segmented on the basis of:
Types
PET Masterbatch, PP Masterbatch, PE Masterbatch
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Beer and Wine Bottle, Juice Bottle
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Polyone
- Albis Plastic
- Gabriel-Chemie
- Clariant AG
- NanoBioMatters
Highlights of The Oxygen Scavenger Additive Masterbatch Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- PET Masterbatch
- PP Masterbatch
- PE Masterbatch
- By Application:
- Beer and Wine Bottle
- Juice Bottle
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Oxygen Scavenger Additive Masterbatch Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Oxygen scavenger additive masterbatch is a type of product that helps to remove oxygen from the atmosphere. It is often used in industries that produce products with high levels of oxygen, such as welding and manufacturing.
Some of the key players operating in the oxygen scavenger additive masterbatch market are Polyone, Albis Plastic, Gabriel-Chemie, Clariant AG, NanoBioMatters.
The oxygen scavenger additive masterbatch market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Oxygen Scavenger Additive Masterbatch Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Oxygen Scavenger Additive Masterbatch Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Oxygen Scavenger Additive Masterbatch Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Oxygen Scavenger Additive Masterbatch Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Oxygen Scavenger Additive Masterbatch Market Size & Forecast, 2020-2028
4.5.1 Oxygen Scavenger Additive Masterbatch Market Size and Y-o-Y Growth
4.5.2 Oxygen Scavenger Additive Masterbatch Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 PET Masterbatch
5.2.2 PP Masterbatch
5.2.3 PE Masterbatch
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Beer and Wine Bottle
6.2.2 Juice Bottle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Oxygen Scavenger Additive Masterbatch Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Oxygen Scavenger Additive Masterbatch Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 PET Masterbatch
9.6.2 PP Masterbatch
9.6.3 PE Masterbatch
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Beer and Wine Bottle
9.10.2 Juice Bottle
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 PET Masterbatch
10.6.2 PP Masterbatch
10.6.3 PE Masterbatch
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Beer and Wine Bottle
10.10.2 Juice Bottle
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 PET Masterbatch
11.6.2 PP Masterbatch
11.6.3 PE Masterbatch
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Beer and Wine Bottle
11.10.2 Juice Bottle
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 PET Masterbatch
12.6.2 PP Masterbatch
12.6.3 PE Masterbatch
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Beer and Wine Bottle
12.10.2 Juice Bottle
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 PET Masterbatch
13.6.2 PP Masterbatch
13.6.3 PE Masterbatch
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Beer and Wine Bottle
13.10.2 Juice Bottle
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Oxygen Scavenger Additive Masterbatch Market: Competitive Dashboard
14.2 Global Oxygen Scavenger Additive Masterbatch Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Polyone
14.3.2 Albis Plastic
14.3.3 Gabriel-Chemie
14.3.4 Clariant AG
14.3.5 NanoBioMatters
