Europe Leads Global Masterbatch Business
The European masterbatch industry is the largest in the world both in terms of production and demand, according to the latest report from AMI Consulting: Thermoplastic masterbatches in Europe. In 2006, masterbatch producers in Europe manufactured over 960,000 tonnes of product, while market demand was just over 800,000 tonnes. Europe is thus a significant net exporter of product. Overall the market has been showing solid growth in recent years averaging annual increases in demand of 3 % since 2001 driven by the increasing penetration of masterbatch into engineering polymer markets.
Nearly all countries have benefited from this growth with the exception of the UK market which has seen a drop in the market due to the decline in moulding capacity and the transfer of production to Central Europe and Asia.
The Benelux region has the largest concentration of production accounting for 23 % of the total for Europe primarily because of the presence of several large scale producers.
The detailed study is available from AMI Consulting.
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