Imracrahul31 Dec, 2024Business
The global masterbatch market size reached USD 11.9 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 17.4 Billion by 2033, exhibiting a growth rate (CAGR) of 3.94% during 2025-2033. The demand for food packaging, increasing modular construction, rising focus on sustainable and bio-based solutions, and ongoing innovations in the technology are some of the key factors strengthening the growth of the market.
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