Egypt Masterbatch Market Insights:
According to MarkNtel Advisors, the Egypt Masterbatch Market is projected to grow at a CAGR of around 19.99% during the forecast period, i.e., 2023-28. Most of the market expansion can be attributed to the intensifying construction activities for residential buildings, corporate offices, malls, and hotels, among others.
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Egypt Masterbatch Market Definition:
Masterbatch is an additive 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.
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Key Driver: Elevated Construction Activities Exhibiting Substantial Adoption of Masterbatches
The market is likely to be driven by the expansion of residential & non-residential buildings & infrastructures. The prime factors attributing to the growth of construction activities are the growing population & urbanization. Moreover, Egypt recorded a total population of 104.2 million in 2021, which grew by around 1.84% from 2021. Hence, the requirement for plastic-made appliances, such as PVC pipes, cables, and storage tanks, has boosted the market, which further led to the growing demand for Masterbatch in the country.
Egypt Masterbatch Market Segmentation:
-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
- Packaging
- Consumer Goods
- Agriculture
- Construction
- Retail
-By Process
- Extrusion
- Modelling
-By Resins
- Polyethylene
- Polystyrene
- Others (Polypropylene, Polycarbonate etc.)
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Egypt Masterbatch Market Geographically Analysis:
-By Region
- East
- West
Egypt Masterbatch Leading Companies:
- Ascom Carbonate and Chemicals Manufacturing (ACCM)
- El-Mostafa Master Batch
- Elsewedy Egyplast
- Gabriel-Chemie Group
- Integrated Color System for Master Batch (ICS)
- Memco Plast
- MicroMB (INDEVCO Group)
- New Delta Plastic
- Perfecto Plast
- Sacom Plast
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