The development prospects of filling masterbatch are good, and overseas markets may be development opportunities.

Filled masterbatch refers to the pellets produced by first mixing various required additives, fillers and a small amount of carrier resin during the plastic processing and molding process for the convenience of operation. Filling masterbatch can be used to process plastic films, garbage bags, shopping bags, etc. It has the characteristics of good dispersion, no white spots and black spots in blown film, high fineness, guaranteed gloss and toughness of products, etc. It can improve the performance of plastic products and Reduce product costs.

With the development of my country’s plastic products industry, filler masterbatch has also developed rapidly as an important additive for plastic processing. Moreover, the technical content of mid- to low-end filler masterbatch is low, and the industry entry barriers are not high. Against this background, a large number of companies have poured into the filling masterbatch market, resulting in a large number of filling masterbatch industries in my country, and most of them are small and medium-sized enterprises. The market competition is fierce and the industry concentration is low.

According to the “2023-2028 China Filling Masterbatch Industry Market In-depth Research and Development Prospects Forecast Report released by the Industrial Research Center, In recent years, the scale of my country’s plastic processing industry has continued to expand, the functional plastics market has continued to develop, and the demand for filler masterbatch in my country has also maintained a growing trend; in 2022, the domestic filler masterbatch market size has reached about 10 billion.

At this stage, my country’s filler masterbatch manufacturers present a polarized competitive landscape. On the one hand, the high-end market is competing well and operating well. Representative companies include Jiangsu Pleke Hongmei Masterbatch Co., Ltd., Guangdong Meilian New Materials Co., Ltd., Zibo Hongli Weiye Polymer Materials Co., Ltd., etc. On the other hand, competition in the mid- to low-end market is fierce. Specifically, high-end filling masterbatch companies have strong core competitiveness, have their own unique competitive advantages in technological innovation, customer resources, brand building, financial strength, labor quality, etc., and have formed a good interactive relationship with customers. , the profit level is relatively high; the middle and low-end filling masterbatch market has not yet formed an obvious competitive pattern.

Although the current downward pressure on the global economy is increasing and environmental protection policies in various countries are becoming increasingly strict, the development of the plastics industry and the filling masterbatch industry has been affected to a certain extent. However, with the adjustments to the deficiencies of the industry at home and abroad, as well as new business opportunities brought by degradable plastics, new energy vehicles, photovoltaic industries, etc., people are optimistic about the prospects of the filling masterbatch market.

Industry analysts said that China is the world’s major producer and exporter of filler masterbatch. In recent years, the plastics industry in emerging countries such as Southeast Asia and India has developed rapidly. Chinese filler masterbatch has a strong cost-effective advantage and has certain competitive advantages in the above-mentioned markets. Moreover, with the implementation of my country’s “One Belt, One Road” policy, my country’s filler masterbatch export market continues to develop, and expanding overseas markets has become an important development opportunity for my country’s filler masterbatch companies.