Key Trends and Challenges in the Egypt Masterbatch Market 2023-2028

 

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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