Egypt Masterbatch Market Poised for Robust Growth, Forecasted to Expand at 19.99% CAGR from 2024-30

MarkNtel Advisors has released its latest report highlighting strong growth in the The Egypt Masterbatch Market is projected to grow at a CAGR of around 19.99% during the forecast period, i.e., 2024-30.

Report Coverage

This report offers a comprehensive analysis of the Egypt Masterbatch Market, providing valuable insights across historical trends, current dynamics, and future forecasts.

  • Base Year: 2023
  • Forecast Years: 2024-30
  • Historical Years: 2019-22

Egypt Masterbatch Market Overview

Most of the market expansion can be attributed to the intensifying construction activities for residential buildings, corporate offices, malls, and hotels, among others. According to the Central Agency for Public Mobilization and Statistics (CAPMAS), around 316,027 residential units were built in FY2020-21. Hence, the requirement for storage tanks, pipes, electrical appliances, etc., in the construction of buildings has fueled the demand for masterbatches in the country.

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Egypt Masterbatch Market Segmentation Outlook

The Egypt Masterbatch is categorized into notable segments, which help in understanding the structure, dynamics, and opportunities within the market. These segments are typically based on:

  • 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.)
  • By Region
    • East
    • West

Egypt Masterbatch Market 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.

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Top Egypt Masterbatch Market Brands & Their Strategic Market Positioning

MarkNtel Advisors Research identifies Ascom Carbonate and Chemicals Manufacturing (ACCM), El-Mostafa Master Batch, Integrated Color System for Master Batch (ICS), Gabriel-Chemie Group, New Delta Plastic, Elsewedy Egyplast, Perfecto Plast, MicroMB (INDEVCO Group), Sacom Plast, Memco Plast, Others as key players shaping the market landscape.

Egypt Masterbatch Market News

  • In 2021H.B. Fuller, a leading global adhesive manufacturer, announced to build of a new facility in Cairo, Egypt. The new factory would include manufacturing of packaging, labeling, etc., and would serve the market of Egypt, Turkey, the Middle East & Africa.
  • In 2021, Indian plastic packaging manufacturer, Uflex, inaugurated a new production line for manufacturing & exporting high-barrier plastic films with a total investment of around USD100 million.

 

Key Questions Answered in the Report

  • What is the market size (value & volume) along with the current & future trends, growth factors & challenges, etc.?
  • How the industry has been evolving, and which segments would dominate the market during the forecast period?
  • What are the key opportunity areas that companies foresee in the coming years 2030?
  • Who are the key players in the market, and what are their competitive strengths?
  • What are the key growth drivers & challenges associated with the market, and how would they impact the market through the forecast period?

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