Oxygen Scavenger Masterbatch Market Size, Share, Analysis, Trends, Growth Report, 2032

Global Oxygen Scavenger Masterbatch Market Insights

According to Zion Market Research, the global Oxygen Scavenger Masterbatch Market was worth USD 93.25 Million in 2023. The market is forecast to reach USD 183.63 Million by 2032, growing at a compound annual growth rate (CAGR) of 7.82% during the forecast period 2024-2032.

The report offers a comprehensive analysis of the market, highlighting the factors that will determine growth, potential challenges, and opportunities that could emerge in the Oxygen Scavenger Masterbatch industry over the next decade.

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The report offers a valuation and analysis of the oxygen scavenger Masterbatch market on a global as well as regional level. The study offers a comprehensive assessment of the industry competition, limitations, sales estimates, avenues, current & emerging trends, and industry-validated market data. The report offers historical data from 2018 to 2022 along with a forecast from 2024-2032 based on value (USD Million).

Oxygen Scavenger Masterbatch Market: Key Driving Factors

Technological breakthroughs witnessed across the food & beverage packaging sector are predicted to steer the growth of the oxygen scavenger Masterbatch industry over the forecast timeline. Apparently, the oxygen scavenger Masterbatch helps in retaining the freshness, color, and taste of packaged foods such as processed meat, dried meat, ready-to-eat diet, and coffee powder. Furthermore, end-user proclivity towards portable, resealable, and tamperproof food packaging is predicted to embellish the product demand over the forthcoming years.

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Our study includes the current events witnessed across the industry coupled with the competitive moves & competitive strategies adopted by the key market players to surpass their profit margins. Let us discuss some of the reputed brands in the oxygen scavenger Masterbatch industry.

Clariant AG

In October 2023. Clariant AG, a renowned specialty chemicals manufacturing firm, launched & patented an oxygen scavenger additive Masterbatch in its new product referred to as Cesa® ProTect brand. The target market for the novel product is monolayer PET (polyethylene terephthalate) packaging. Furthermore, the product is also likely to find a spectrum of applications in polyester packing over the forthcoming years.

Moreover, the specialty firm, in February 2023 developed a novel product Typeula referred to as MEVOPUR ProTect, a new oxygen-scavenging additive Masterbatch, used in the packaging of pharmaceutical items & medical equipment. Additionally, the product restricts the oxidation of medicines & nutraceuticals stored in PET bottles, thereby increasing the shelf life of pharma products.

Global Oxygen Scavenger Masterbatch Market: Segmentation

The study provides a decisive view of the oxygen scavenger masterbatch market by segmenting the market based on By product, By application, By End-Use Industry And By Region. All the segments have been analyzed based on present and future trends and the market is estimated from 2024 to 2032.

By product type segment analysis includes Inorganic Products and Organic Products.

By application segment analysis includes Flexible Packaging and Rigid Packaging.

By end user segment analysis includes Poultry & Fish, Meat, Dairy Products, Fruits & Vegetables, Snacks & Confectionaries, Alcoholic Beverages, Others.

The regional segment includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Oxygen Scavenger Masterbatch Market: Report Scope

North America To Dominate Overall Market Growth By 2032

The regional market growth over 2024-2032 is owing to a rise in the intake of meat & dairy items across the region.  Furthermore, the U.S. is anticipated to be the key regional demand pocket for the product over the forthcoming years with its changing lifestyles and high consumption of dairy items.

Oxygen Scavenger Masterbatch Market: Competitive Space

Key players involved in the oxygen scavenger Masterbatch business and profiled in the oxygen scavenger Masterbatch market report include

• Tosaf Group
• Clariant AG
• Henkel AG & Company
• KgaA
• Albis Plastic GmbH
• Gabriel-Chemie
• Nanobiomatters.

The global oxygen scavenger masterbatch market is segmented as follows:

By Product Type

• Inorganic Products
  • Iron-based Products
  • Other Inorganic Products
• Organic Products

By Application

• Flexible Packaging
• Rigid Packaging

By End User

• Poultry & Fish
• Meat
• Dairy Products
• Fruits & Vegetables
• Snacks & Confectionaries
• Alcoholic Beverages
• Others

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa