News

Degradable Masterbatch Market to Reach $6.5B by 2027

The degradable masterbatch sector is booming, with a 15% CAGR growth projected through 2027. Stringent environmental policies and rising demand in sustainable packaging and medical applications are key drivers. By 2025, China’s biodegradable plastics demand will hit 2.38 million tons, valued at ¥47.7 billion, with degradable masterbatches taking 20% of the functional masterbatch market.

Key Market Trends
Eco-friendly packaging solutions are in high demand, especially in e-commerce.
Asia-Pacific dominates production, supplying 40% of global filler masterbatch output.
Leading companies like Plastika Kritis and Clariant are investing in bio-based additives for enhanced sustainability.

Innovations Driving Growth
In May 2024, Cabot Corporation launched its ISCC PLUS-certified REPLASBLAK series, targeting automotive sustainability needs. This carbon black masterbatch reduces environmental impact while maintaining performance.

Why Degradable Masterbatches?
Reduce plastic pollution in food packaging and medical waste.
Comply with global green regulations like the EU’s Single-Use Plastics Directive.
Support circular economy goals with compostable materials.

Future Outlook
With rising eco-conscious consumers and government bans on single-use plastics, the degradable masterbatch market will keep expanding. Companies investing in R&D for bio-based solutions will lead the industry.