According to the current analysis of Reports and Data, the global Oxygen Scavenger Masterbatch Market was valued at USD 21.1 Million in 2020 and is expected to reach USD 36.8 Million by the year 2028, at a CAGR of 7.3%. Oxygen scavenger masterbatch preserves perishable items by significantly reducing the oxygen content in the plastics used in packaging. Oxygen Scavenger Masterbatch, also known as oxygen absorbent masterbatch or additive, is used in active packaging applications to absorb oxygen from the food packaging environment and extend the shelf life of the item.
In this report, the global packaging industry is segmented on the basis of product type, application, technology, and region. The authors have also implemented many primary and secondary research methodologies to derive vital data information about the key regional markets of the global packaging industry including North America, Europe, Asia Pacific, Latin America, and the Middle East Africa. The report offers key insights into the factors positively influencing the revenue growth of each regional market and provides information about the most lucrative investment opportunities for all stakeholders, investors, and clients in these markets. Furthermore, the report elucidates the intensely competitive scenario of the Oxygen Scavenger Masterbatch industry and highlights the key strategic developments taking place in the industry, such as mergers acquisitions, joint ventures, corporate deals, and partnerships collaborations.
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Key Players:
Key participants include Clariant AG, Albis Plastic GmbH, Henkel AG Co., KGaA, Gabriel-Chemie Gesellschaft GmbH, NanoBioMatters Industries S.L, Tosaf Inc., PolyOne Corporation, Mitsubishi Gas Chemical Company, Inc., CSP Technologies, Inc., Sealed Air Corporation, Mondi Plc, and Berry Global, Inc.
Further key findings from the report suggest:
- As of 2018, organic oxygen absorber masterbatch is the leading product segment of the global Oxygen Scavenger Masterbatch This segment is projected to register the fastest growth with the highest CAGR during the forecast period due to rising research and development activities being carried out across the world for enhancing product performance
- The inorganic oxygen scavenger masterbatch segment has shown a substantial share of the overall market in 2018 and is expected to maintain the position during the forecast period
- The flexible packaging application of oxygen scavenger masterbatch accounted for the most significant market share in 2018. It is projected to maintain its lead with a significant CAGR during the forecast period
- The meat, poultry fish end-use segment is the fastest-growing segment, registering the highest CAGR which held the chief position followed by the snacks confectionaries segment in the oxygen scavenger masterbatch market
- The North America region accounted for the most significant market share in 2018. This region is proposed to remain the dominant regional segment during 2019-2026. The U.S. country is the fastest-growing economy, which is projected to drive the global oxygen Scavenger Masterbatch market.
- Both Europe and Asia-Pacific regions are forecasted to show significant growth over the coming years
Market Segmentation:
For the purpose of this report, Reports and Data has segmented the Oxygen Scavenger Masterbatch market on the basis of product, application, end-use, and region:
Product (Revenue, USD Million; Volume in Kilo Tons, 2018–2028)
- Organic Oxygen Scavenger Masterbatch
- Inorganic Oxygen Scavenger Masterbatch
Application (Revenue, USD Million; Volume in Kilo Tons, 2018–2028)
- Flexible Packaging
- Rigid Packaging
End-Use (Revenue, USD Million; Volume in Kilo Tons, 2018–2028)
- Meat, Poultry Fish
- Snacks Confectionaries
- Fruits Vegetables
- Dairy Products
- Alcoholic Beverages
- Others
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Regional analysis covers study of the market in key geographical regions of the world including North America, Europe, Asia Pacific, Latin America, and Middle East Africa. The report further predicts the regions expected to account for the largest revenue share in the forecast period and the CAGR for the forecast period. The section further discusses in detail the production and consumption ratio, supply and demand, export and import, consumer demand and behavior, and presence of key players in each region. The section further offers a country-wise analysis to provide deeper insights into the global market.
Regional Outlook (Revenue in USD Million; Volume in Kilo Tons, 2018–2028)
- North America
- U.S
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Middle East Africa
- Saudi Arabia
- South Africa
- Rest of MEA
- Latin America
- Brazil
- Colombia
- Rest of LATAM
Key Points Addressed in the Report:
- A detailed analysis of the global Oxygen Scavenger Masterbatch market through assessment of key market aspects such as technology, product type, application, end-use, and overall industry dynamics.
- Qualitative and quantitative analysis of the market estimation from 2018 to 2028 and CAGR calculation for the forecast period.
- All-inclusive assessment of market dynamics with emphasis on drivers, restraints, opportunities, and limitations.
- Extensive profiling of key companies operating in the market including company overview, financial standing, product offerings, product portfolio, recent product and technological advancement, and business expansion plans.
Thank you for reading this article. You can also get chapter-wise sections or region-wise report coverage for North America, Europe, Asia Pacific, Latin America, and Middle East Africa.
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