Global Sustainable Master Batch Market likely to attain 9.62% CAGR during 2021-2026

DELTA, British Columbia - May 26, 2021 - PRLog -- According to the MarkNtel Advisors' research report, "Global Sustainable Master Batch Market Analysis, 2021", the market is likely to grow at 9.62% CAGR during 2021-26 primarily due to the swiftly increasing number of different innovative sustainable masterbatch products. Additionally, the burgeoning environmental concerns because of the reduced disposal of plastic waste and the induction of bioplastics by market investors scaling the supply & demand for eco-friendly goods are other prime factors driving the overall market growth.

Key questions answered in the study
1.    What are the current and future trends in the Global Sustainable Master Batch Market?
2.    How has the industry been evolving in terms of geography and services adoption?
3.    How has the competition been shaping across the countries, followed by their comparative factorial indexing?
4.    What are the key growth drivers and challenges for the Global Sustainable Master Batch Market?
5.    What are the customer orientation, purchase behavior, and expectations from the Global Sustainable Master Batch Market service providers across various regions?

Get the sample copy of the market research: https://www.marknteladvisors.com/query/request-sample/global-sustainable-masterbatch-market.html

Impact of Covid-19

The COVID-19 pandemic severely affected the Global Sustainable Master Batch Market in numerous ways. For a smooth supply chain to suffice the industrial requirements, the industry needs a constant flow of raw materials, additives, logistics, and transportation. However, the imposition of lockdown throughout the globe affected the entire supply chain. Moreover, the unavailability & insufficiency of various goods & services further restrained the market growth. However, after the new relaxation norms initiated by governments, the market is likely to regain its pace in the years to come.

Polybutylene Adipate-Co-Terephthalate (PBAT) Exhibits Fastest Growth
Based on the product, Polybutylene adipate-co-terephthalate (PBAT) exhibits the fastest growth in the Global Sustainable Masterbatch market in the coming years. The growing environmental problems due to the improper disposal of non-biodegradable polymers have propped the demand for compostable and PBAT polymers. Also, the surging applications of PBAT across various industries are further likely to push their growth in the future.

According to MarkNtel Advisors, the major leading players in the Global Sustainable Master Batch Market are LyondellBasell (US), Avient Corporation (US), Penn Color, Inc. (US), Ampacet Corporation (US), Cabot Corporation (US), Plastiblends India Ltd. (India), Hubron International (UK), Plastika Kritis S.A. (Greece), Tosaf Group (Israel).