As the chemical industry entered 2022, strong demand for both commodity and specialty chemicals supported robust pricing trends. However, rising raw material costs created margin pressures, a challenge expected to persist through the first half of the year.

The global water and wastewater treatment market was valued at USD 323.32 billion in 2023 and is projected to expand from USD 346.41 billion in 2024 to USD 617.81 billion by 2032, registering a CAGR of 7.5% during 2025–2032. This growth outlook is highlighted by Fortune Business Insights in its report, “Water and Wastewater Treatment Market, 2025–2032.”

Rising competition is prompting major companies to strengthen their service networks. Many global players are acquiring regional firms to maintain market dominance and expand reach.

Masterbatches are a liquid or solid additive used for painting or for imparting various properties to the plastics. Coloring masterbatches are utilized for coloring or shading plastic items. It can also be used for conveying properties such as UV Stabilizer, antioxidant, effect, energy, and bio-degradable. A recent report by Fortune Business Insights offers insights into the market and its prime growth trajectories. As per the report titled,   “Masterbatches Market Size, Share & Industry Analysis, By Type (White, Black, Color, Additive, and Fillers), By Polymer (Polyethylene, Polypropylene, Polyvinyl Chloride, Polyethylene Terephthalate, and Others), and By End-Use (Packaging, Building & Construction, Consumer Good, Automotive, Agriculture, and Others), and Regional Forecast, 2025-2032,”  the global masterbatch market size was valued at USD 10.99 billion in 2018 and is projected to reach USD 16.35 billion by 2026, exhibiting a CAGR of 5.3% during the forecast period.

What is the Scope of the Report?

The report is based on an in-depth analysis of the market and offers a comprehensive ve overview of the same. The report focuses on factors boosting, repelling, challenging, and creating opportunities for the market. It also discusses the table of segmentation of the market based on factors such as type, polymer, end-use, and geography and lists the names of the leading segment with its attributed factors. In addition to this, the report throws light on recent industry developments, current trends, and other interesting insights into the market. It also lists the names of players operating in the market and the major strategies adopted by them to gain a competitive edge in the market.

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Market Drivers

Rise in Demand for Plastic from Pharmaceutical Industry for Packaging will Bolster Growth

Various factors are responsible for the global masterbatches market growth. These include the rise in construction activities for all residential, commercial, and industrial purposes, increasing demand for automobiles, especially lightweight vehicles, and the increasing preference for plastic goods worldwide. On the contrary, factors such as the fluctuating price of raw materials such as titanium dioxide, polymers, and others with a high volatile nature may pose a major challenge to the overall market. Nevertheless, increasing demand for plastic packaging from sectors such as food and beverage and pharmaceuticals are likely to create lucrative growth opportunities for the market in the coming years.

Regional Segmentation

Asia Pacific to Continue Dominance with Increasing Consumer Expenditure on Infrastructural Development

In 2018, Asia Pacific emerged dominant in the market with a revenue of USD 3,998.14 Million. This is attributed to the high demand for packaging from key economies such as China, India, and Taiwan. Besides this, the rise in consumer expenditure on power and the increasing demand for plastic goods will also help promote the regional market in the forthcoming years. Furthermore, the rapid growth of packaging, consumer goods, and automotive companies and the rise in agriculture sectors is anticipated to help this region continue dominating the market in the coming years.

On the other side, the market in Europe will witness remarkable growth on account of the rising demand from industries such as automotive, building and construction, and the rising popularity of lightweight vehicles in the region.

Competitive Landscape

Fragmented Nature of Market will Intensify Competition

The global masterbatches market enjoys a fragmented nature of the market owing to the presence of various players both small and medium-sized. Companies are aiming at a large network of distribution and providing a good supply chain with regulatory expertise. Other players are engaging in collaborative efforts such as joint ventures, partnerships, mergers and acquisitions, contracts and agreements, and others to gain a competitive edge in the market on the one side and earn attracting revenue on the other.

List of Masterbatches Market Manufacturers include:

• Ampacet Corporation
• PolyOne
• PLASTIKA KRITIS S.A.
• Hubron International
• Penn Color Inc.
• Clariant
• Schulman, Inc.
• Cabot Corporation
• Plastiblends
• Tosaf
• Other Players

Major Industry Developments of the Market include:

February 2019 –   PLA masterbatches were launched by Viba, a masterbatch producer in Italy. It is a range of color concentrating additives or combining masterbatches based on a PLA carrier material and optimized for various processing technologies.

December 2019 –   Clariant Color and Masterbatches Additives Company were acquired by PolyOne Corporation for introducing specialized technology and solutions to the end-user market for apparel, packaging, and healthcare.

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The Global Phosphine Gas Market has recently been analyzed and explored by   Fortune Business Insights™   in their latest market research report. The team of dedicated analysts and researchers has gone to great lengths to provide a comprehensive overview of both current and future scenarios pertaining to the Phosphine Gas Market. As a result, this report is packed with valuable insights that will be highly advantageous for industry players looking to maintain a competitive edge.

The global plastics market size was valued at USD 524.48 billion in 2024. The market is projected to grow from USD 533.59 billion in 2025 to USD 754.23 billion by 2032, exhibiting a CAGR of 5.1% during the forecast period.   Fortune Business Insights™   has deep-dived these inputs in its latest research report titled, “ Plastics Market ,   2025-2032 .”

According to the study, synthetic material has gained considerable traction due to easy manufacturing, lightweight, low cost, and versatility. Amidst depleting sources of polymers, recyclable products could gain considerable traction globally. Notably, healthcare & pharmaceutical, automotive, and packaging sectors will exhibit stellar demand for sustainable packaging solutions.

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Report Coverage

The report offers a comprehensive perspective of the market size, share, revenue, and volume. It has deep-dived into SWOT analysis. Quantitative and qualitative assessments have provided a holistic view of the market. The primary interviews validate assumptions, findings, and the prevailing business scenarios. The report also includes secondary resources such as annual reports, press releases, white papers, and journals.

Segments

Polyvinyl Chloride (PVC) to Gain Traction with Rising Demand for Resistance to Chemicals

In terms of type, the market is segregated into polyethylene, polypropylene, polyethylene terephthalate, polyvinyl chloride, acrylonitrile butadiene styrene, polyamide, polycarbonate, polyurethane, polystyrene, and others. The polyvinyl chloride segment will account for a considerable share of the global market due to electric insulation and the demand for resistance to chemicals.

Packaging to Remain Dominant Due to Robust Demand from Food & Beverage Sector

With respect to end-use industry, the market is segregated into packaging, automotive & transportation, infrastructure & construction, consumer goods/lifestyle, healthcare & pharmaceutical, electrical & electronics, textile, and others. The packaging segment will exhibit notable growth during the assessment period, largely due to rising demand from the food & beverage sector.

Drivers and Restraints

Expanding Footprint of Engineering Plastics to Propel Growth Potentials

The plastics market share will witness notable traction during the forecast period, largely due to better mechanical and thermal properties. Surging demand for better polymer solutions will encourage leading companies to expedite investments. Prominently, surging demand for metal substitution could play a pivotal role in boosting the material demand. Furthermore, the food industry is poised to be the major recipient of plastics that avoid contamination and minimize food quality degradation. Increased usage of the polymer in fashion, sports, and toy-making will bode well for the industry growth.

However, rigorous regulations implementing plastic reduction policies could impede the industry growth.

Regional Insights

Asia Pacific to Remain Stronghold with Soaring Demand for Consumer Goods

Stakeholders anticipate the Asia Pacific market forecast to be strong due to increased availability of raw materials. Robust growth in the construction and packaging sectors could foster growth across China, India, and Australia. Expanding footprint of sports goods, textiles, and toys will encourage leading companies to invest in the region.

Bullish demand from healthcare & pharmaceuticals and packaging industries in the U.S. will underpin the North America plastics market growth. Moreover, the automotive and transportation sectors could exhibit strong demand for synthetic materials. Amidst damages to the environment by polymers, recyclable plastics could be the trend reshaping the regional market.

The Middle East & Africa could emerge as favorable investment hubs for plastic manufacturers and suppliers. The robust outlook is primarily attributed to robust demand from the packaging and textile industries. The trend for lightweight packaging and the expanding application of polymers will muster the confidence of leading companies gearing to bolster their portfolios.

Competitive Landscape

Major Players Prioritize Collaboration to Tap into Markets

Prominent players could inject funds into mergers & acquisitions, product rollouts, technological advancements and R&D activities. Besides, major companies could invest in innovations and product offerings in the ensuing period.

Key Industry Development

• January 2022 : Borealis joined hands with Reclay Group to keep up with the demand for recyclate material for use in high-end plastic applications.

Major Players Profiled in the Plastics Market Report:

• LyondellBasell Industries N.V. (Netherlands)
• ExxonMobil Chemical (U.S.)
• China National Petroleum Corporation (China)
• INEOS (U.K.)
• China Petroleum & Chemical Corporation (China)
• SABIC (Saudi Arabia)
• Ducor Petrochemicals (Netherlands)
• Reliance Industries Limited (India)
• Formosa Plastic Group (Taiwan)
• Total S.A. (France)
• Braskem (Brazil)
• BASF SE (Germany)
• Repsol (Spain)
• Borouge (UAE)
• Borealis AG (Austria)
• MOL Group (Hungary)
• Beaulieu International Group (Belgium)

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The global carbon black market size was valued at USD 27.59 billion in 2024. The market is projected to grow from USD 28.86 billion in 2025 to USD 40.10 billion by 2032, exhibiting a CAGR of 4.8% during the forecast period.   The rise is driven by the increasing deployment of the product in tire manufacturing and the growing plastic demand for automotive, consumer goods, and electronics industries.

Fortune Business Insights™   provides this information in its research report, titled   “Carbon Black Market, 2025-2032”.

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Segments:

Furnace Black Segment to Lead Driven by Soaring Demand from Rubber Manufacturers

Based on process type, the market is categorized into acetylene black, furnace black, thermal black, and others. The furnace black segment is set to lead the market, exhibiting an appreciable CAGR over the projected period. This is due to the growing usage of the product as a strengthening agent by rubber producers.

Standard Grade Segment to Register Notable Growth Impelled by Escalating Industrial Applications

On the basis of grade, the market is segmented into standard grade and specialty grade. The standard grade segment is touted to expand at a considerable rate over the anticipated period. The surge is propelled by the escalating adoption of these products for various industrial applications.

Tire Segment to Exhibit Substantial Surge Driven by Rapid Expansion of the Automotive Sector

By application, the market is classified into non-tire rubber, tire, inks & toners, plastics, and others. The tire segment is poised to exhibit substantial growth, holding a dominating market share, over the analysis period. The expansion is propelled by the rapid expansion in the automotive sector.

Based on geography, the market for carbon black has been studied across North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa.

Report Coverage:

The report gives a comprehensive analysis of the major trends poised to impel the global business scenario throughout the projected period. It further provides an insight into the key driving and restraining factors. Additional components comprise the impact of COVID-19 on industry growth and an account of the pivotal strategies adopted by leading companies for gaining strong industry footings.

Drivers and Restraints:

Expansion of the Rubber Sector to Impel Market Growth

The escalating product demand from the consumer goods, electronics, automotive, and construction sectors is propelling the expansion of the rubber sector. This is set to propel the carbon black market growth over the forecast period.

However, the production of carbon black involves the emission of hazardous gases. This may hinder industry expansion to some extent.

Regional Insights:

Asia Pacific to Emerge as a Key Region Owing to Growing Product Deployment

The Asia Pacific carbon black market share is estimated to surge at a considerable rate throughout the forecast period. The region held a major market value driven by the escalating usage of the product in the manufacturing of plastic goods and tire.

The North America market is poised to expand at a notable CAGR over the analysis period. The expansion is driven by the soaring product deployment in vibration isolation devices.

Competitive Landscape:

Leading Companies Undertake Strategic Steps to Strengthen Industry Foothold

Key carbon black players are centered on adopting various strategic deals for strengthening their positions in the market. These comprise merger agreements, partnerships, acquisitions, and the launch of new products. Additional initiatives include collaborations and the formation of alliances.

Key Industry Development:

March 2022 –   Cabot Corporation acquired Tokai Carbon (Tianjin) Co., Ltd from Tokai Carbon Group. The deal helped the expansion of the manufacturing capacity of Cabot. The company planned to invest for capacity upgradation for supporting the development of lithium-ion batteries.

List of Key Players Mentioned in the Report:

• Birla Carbon Thailand Public Co. Ltd. (Thailand)
• Cabot Corporation (U.S.)
• Orion Engineered Carbons SA (Germany)
• Phillips Carbon Black Limited (India)
• CSRC Group (Taiwan)
• Omsk Carbon Group (Germany)
• OCI COMPANY Ltd. (South Korea)
• Himadri Speciality Chemicals Ltd. (India)
• Longxing Chemical Industry Co., Ltd. (China)
• Mitsubishi Chemical Holdings Corporation (Japan)

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The global fatty alcohol market is set to gain traction from the rising demand for bio-based products. Hence, manufacturers are shifting towards using eco-friendly ingredients. This information is given by Fortune Business Insights™ in a new report, titled, “Fatty Alcohol Market Size, Share & Industry Analysis, By Product (C6-C10, C11-C14, and C15-C22), By Application (Soaps & Detergents, Personal Care, Lubricants, Amines, and Others) and Regional Forecast, 2025-2032.” The global fatty alcohol market size was USD 5.08 billion in 2019 and is projected to reach USD 7.40 billion by 2027, exhibiting a CAGR of 5.2% during the forecast period.

Fortune Business Insights™  shares this information in its report titled   “Fatty Alcohol Market, 2025-2032 ”.

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What Does This Report Contain?

• Elaborate data about the segments in the market.
• Historical, present, and estimated size of the market.
• Profiles of prominent players and their crucial strategies.
• Elaborate analysis of growth drivers in the market for fatty alcohols.

Drivers & Restraints-

High Demand for Soaps & Detergents to Spur Growth

The rising demand for surfactants, such as detergents and soaps is set to boost the fatty alcohol market growth in the coming years. Besides, surfactants infused with fatty alcohols are extensively used for numerous purposes in cosmetics, paper & pulp, and agriculture industries. However, raw materials, such as rapeseed oil, palm oil, and tallow are the major raw materials used for the production of fatty alcohols. Fluctuations in their prices may hinder growth. 

Segment-

C15-C22 Segment to Exhibit High Growth Fueled by Rising Demand for Cosmetics

Based on the product, the C6-C10 segment generated 17.3% in terms of the fatty alcohol market share in 2019. The C15-C22 segment is expected to showcase high growth backed by its rising demand from the personal care industry. Apart from that, increasing disposable incomes of people are resulting in the high demand for shaving creams, lipsticks, vanishing creams, shampoos, and lotions. It would also augment the growth of this segment.

Regional Analysis-

High Population & Disposable Incomes to Bolster Growth in Asia Pacific

Geographically, in 2019, Asia Pacific held USD 1.47 billion in terms of revenue. This growth is attributable to the increasing demand for fatty alcohols from surfactants, as well as personal care & cosmetics industries. Developing nations, such as South Korea, India, and China are experiencing a high population and disposable incomes of people, thereby leading to growth.

North America, on the other hand, is anticipated to grow considerably stoked by the high demand for home cleaning products and hand sanitizers amid the COVID-19 pandemic. In Europe, the market would grow significantly on account of the surging demand for liquid soaps. As per a survey by Eurostat, approximately 12.6 million tons of detergents & soaps were produced in the European Union in 2018.

Competitive Landscape-

Key Players Aim to Increase Production Capacity of Raw Materials to Intensify Competition

The global market for fatty alcohol is highly fragmented. Reputed manufacturers are aiming to develop unique products by conducting research and development activities. Some of the others are trying to increase their production capacity of raw materials required for the manufacturing of fatty alcohols. Below are the two latest industry developments:

• July 2019 : Sasol Ltd., a chemical and energy company headquartered in South Africa opened its new chemical plant in Nanjing, China. It would double the production capacity of alkoxylation to 150,000 tons annually. The total cost was USD 100 million.
• May 2019 : Apical Group completed a joint venture with Kao Corporation. The former is a leading exporter of palm oil in Indonesia. This venture resulted in the development of PT Apical Kao Chemical, a new factory that will help in surging the production capacity of oleochemicals and in strengthening its position in Asia Pacific.

A list of all the renowned fatty alcohol manufacturers operating in the global market:

• Godrej Industries (India)
• Berg + Schmidt (Germany)
• Wilmar International Ltd (Singapore)
• KLK OLEO (Malaysia)
• SABIC (Saudi Arabia)
• P&G Chemicals (U.S.)
• Musim Mas (Singapore)
• VVF L.L.C. (India)
• Sasol (South Africa)
• Emery Oleochemicals (Malaysia)
• Royal Dutch Shell (Netherlands)
• Univar Solutions Inc. (U.S.)
• BASF SE (Germany)
• Other Players

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The global hermetic packaging market size was valued at USD 4.21 billion in 2024. The market is projected to grow from USD 4.50 billion in 2025 to USD 7.31 billion by 2032, exhibiting a CAGR of 7.18% during the forecast period.

Hermetic packaging is highly preferred in several medical and electronic devices for safe and reliable packaging. There is rising adoption of electronic devices due to a rise in government support for boosting digitalization and growing internet usage among customers. Rapid innovations in sealing technology are expected to fuel market expansion in the coming years.

Fortune Business Insights™   shares this information in its report titled “ Hermetic Packaging   Market, 2025-2032 ”.

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Segments

Increased Need for Complex Electronic Circuits Fuels Ceramic Metal Sealing Segment Growth

On the basis of type, the market is segregated into co-fired ceramic, metal can, epoxy seal, ceramic metal sealing, and glass metal sealing. The ceramic metal sealing segment leads the market. Increased need for complex electronic circuits, including microelectromechanical systems' multilayer ceramic metal sealing, is fostering segment expansion.

Rising Adoption of Suitable Packaging Strategies for Sensor Technologies Fuels Segment Expansion

In terms of application, the market is categorized into sensors, photodiodes, MEMS, transistors, laser chips, memory, and others. The sensors segment secures the largest hermetic packaging market share owing to the rising adoption of suitable packaging strategies for sensor technologies.

Rise in Government and Private Investments in Space Exploration Fosters Aerospace & Defense Segment Expansion

By end-use industry, the market is classified into aerospace & defense, healthcare, automotive, electrical & electronics, telecom, and others. The aerospace & defense segment commands the global market with the rise in government and private investments in space exploration.

From the regional ground, the market is classified into Europe, Latin America, North America, Asia Pacific, and the Middle East & Africa.

Report Coverage

The report has studied the market in depth and underlined several crucial aspects and leading market participants. It provides important insights into the recent market trends and key industry developments. In addition to the factors mentioned above, the report covers many other factors that have helped the market grow.

Drivers and Restraints

Increased Demand for Consumer Electronics to Bolster Market Expansion

Increased usage of consumer electronics is boosting the demand for hermetic packaging solutions. Growing purchasing power and rapid economic growth are fueling the sales of smartphones, which will eventually accelerate the demand for hermetic packaging. Rapid innovations in wireless mobile telecommunication technology, such as 4G, IoT, and 5G, are expected to fuel the adoption of other smart devices. The emergence of advanced household products and the growing usage of appliances equipped with voice assistance and Wi-Fi connectivity are the major factors contributing to market growth.

On the other hand, the hermetic packaging market growth is impeded by the emergence of not quite or almost hermetic packaging.

Regional Insights

Rise in Government Budget for the Aerospace & Defense Sector in China and Japan Augmented Market Growth in Asia Pacific

Asia Pacific dominates the global market. A rise in government budgets for the aerospace & defense sector, specifically in China and Japan, is driving market growth in the region.

Europe is predicted to register significant growth due to the presence of the world’s top automotive manufacturers. The increasing R&D activities within the space and automotive sectors are also boosting market growth in the region.

Competitive Landscape

Top Companies Concentrate on Acquisitions to Offer Next-generation Solutions

Key players in the market are TELEDYNE, SCHOTT, Amkor Technology, Inc., KYOCERA Corporation, Materion Corporation, Egide, SGA Technologies, Complete Hermetics, Coat-X SA, Mackin Technologies, and others. Many companies are focusing on acquisitions to offer next-generation solutions to the customers' product designs.

Key   Industry Development

• March 2023 : SCHOTT AG introduced hermetic packaging components for augmented reality. With its longstanding experience in glass-to-metal sealing, the company produces innovative packaging solutions for MEMS mirrors and RGB laser chips for augmented reality applications. The packaging solution strives to miniaturize and improve optoelectronic performance for augmented reality light engine systems.

List of Key Players Profiled in the Market Report:

• TELEDYNE (U.S.)
• SCHOTT (Germany)
• Amkor Technology, Inc. (U.S.)
• KYOCERA Corporation (Japan)
• Materion Corporation (U.S.)
• Egide (France)
• SGA Technologies (U.K.)
• Complete Hermetics (U.S.)
• Willow Technologies Ltd. (U.K.)
• Mackin Technologies (Japan)

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The global lubricants oil drum market size was valued at USD 2.82 billion in 2024. The market is projected to grow from USD 3.05 billion in 2025 to USD 5.61 billion by 2032, exhibiting a CAGR of 9.06% during the forecast period.

The global lubricants oil drum market is witnessing steady growth, driven by rising demand for safe, durable, and cost-effective packaging solutions across industries such as automotive, marine, aerospace, and chemicals. Drums are essential for storing and transporting lubricants in bulk, offering superior protection against leakage, contamination, and damage during shipping.

Fortune Business Insights™  shares this information in its report titled “ Lubricants Oil Drum Market, 2025-2032 ”.

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Segmentation Analysis:

By Product Type:   Steel drums held the largest share in 2024, preferred for transporting hazardous and non-hazardous materials in industries like petroleum and lubricants. Their durability, reusability, and recyclability ensure safe and sustainable handling.

By Capacity:   Drums with 100–250 liters dominated in 2024 due to their durability, compatibility with various liquids, and wide use in packing laboratory chemicals and industrial solvents, particularly in lubricant oil industries.

By End-use Industry:   The automotive sector led the market in 2024, driven by high demand for lubricants packaged in drums. These lubricants enhance vehicle efficiency, reduce friction, and cut maintenance costs, making drums a practical storage and transport solution.

Report Coverage

The report has studied the market in depth and underlined several crucial aspects and leading market participants. It provides important insights into the recent market trends and key industry developments. In addition to the factors mentioned above, the report covers many other factors that have helped the market grow.

Drivers and Restraints

The growth of construction, manufacturing, and mining—especially in countries like India, Brazil, and across Africa—drives demand for industrial lubricants, which are commonly stored and transported in drums. Heavy machinery requires regular lubrication, making bulk packaging both practical and cost-effective. Rising vehicle production and ownership in Asia Pacific further boosts lubricant consumption. However, challenges persist, as drums face risks like dents, punctures, corrosion, leaks, or faulty seals during handling and transport. Poor labeling or documentation can also lead to misidentification, safety hazards, and compliance issues.

Regional Insights :
Asia Pacific holds a significant market share, driven by rapid industrialization, expanding automotive production, and growing lubricant consumption. North America and Europe also represent strong markets, supported by advanced industrial packaging standards and sustainability initiatives.

Key Trends :   Increasing adoption of recyclable and fiber-based drums, focus on lightweight yet durable designs, and rising demand from developing economies are shaping market growth.

Competitive Landscape:   The market is moderately consolidated, with leading players including Greif, Inc., Mauser Packaging Solutions, Sicagen, CL Smith, Balmer Lawrie & Co. Ltd., and North Coast Container LLC. These companies focus on expanding manufacturing capacity, introducing eco-friendly packaging solutions, and strengthening global supply networks.

Key  Industry Development

• 
  

  March 2023 : Mauser Packaging Solutions expanded its production network in China with the opening of a modern manufacturing facility near Shanghai. The plant is designed to meet rising demand for industrial packaging and address both current and future market needs.

• 
  

  May 2022 : Carré Karton introduced all-fiber drums aimed at lowering costs and promoting sustainability. These new models outperform traditional round drums typically made from mixed materials such as plastic, cardboard, metal, and compressed fibers.

List of Key Players Profiled in the Market Report:

• Greif, Inc. (U.S.)
• Mauser Packaging Solutions (U.S.)
• Sicagen (India)
• CL Smith (U.S.)
• Balmer Lawrie & Co. Ltd. (India)
• North Coast Container LLC (U.S.)
• TPL Plastech Limited (India)
• CDF Corporation (U.S.)
• Schütz GmbH & Co. KgaA (Germany)
• Emirates Plastic Industry Factory LLC (UAE)
• Shanghai Metal Corporation (China)
• Wuxi Bright Packing Co., Ltd. (China)
• Pyramid Technoplast Ltd. (India)
• Yamamoto Industries, Ltd. (Japan)
• Shree Shyam Technoplast (India)

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