Global Oxygen Scavenger Masterbatch Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Polyethylene (PE), Polyurethane (PU), Polyvinyl Chloride (PVC), Polyethylene Terephthalate, Polystyrene (PS), Acrylonitrile Butadiene Styrene (ABS), Polycarbonate (PC), and Others.

By Application;

Head, Eye & Face Protection, Hearing Protection, Protective Clothing, Respiratory Protection, Protective Footwear, Fall Protection, Hand Protection, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn812873736 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Oxygen Scavenger Masterbatch Market (USD Million), 2021 - 2031

In the year 2024, the Global Oxygen Scavenger Masterbatch Market was valued at USD 4,841.78 million. The size of this market is expected to increase to USD 7,524.07 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.5%.

The global market for oxygen scavenger masterbatch is experiencing significant growth driven by increasing demands for enhanced packaging solutions across various industries. Oxygen scavenger masterbatch plays a crucial role in extending the shelf life of packaged products, especially in the food and beverage sector where freshness and quality preservation are paramount. This technology aids in minimizing oxidation, which can lead to spoilage and degradation of goods during storage and transportation. As consumer awareness grows regarding the benefits of prolonged shelf life and reduced food waste, the adoption of oxygen scavenger masterbatch continues to expand.

Environmental regulations are also contributing to the market's growth, with stringent norms encouraging the use of sustainable packaging materials. Oxygen scavenger masterbatch offers a more eco-friendly alternative by helping to maintain product integrity without the need for excessive preservatives or packaging materials. This aligns with global initiatives towards sustainability and reducing carbon footprints in various industrial processes.

The market faces challenges such as high initial costs associated with integrating oxygen scavenger masterbatch into packaging materials. Manufacturers and end-users must invest in research and development to ensure compatibility with different packaging formats and materials, which can add complexity and cost to adoption. Additionally, the effectiveness of oxygen scavenger masterbatch may vary under extreme environmental conditions or specific packaging configurations, posing technical challenges that require continuous innovation and adaptation.

Despite these challenges, the market presents promising opportunities. The ongoing advancements in packaging technology and materials science are expected to improve the efficiency and applicability of oxygen scavenger masterbatch. Emerging markets, particularly in Asia-Pacific and Latin America, offer untapped potential driven by increasing consumer purchasing power and growing awareness of food safety and quality standards. These factors collectively indicate a dynamic landscape for the global oxygen scavenger masterbatch market, characterized by innovation, regulatory compliance, and strategic growth opportunities across diverse industries.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Oxygen Scavenger Masterbatch Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Demand for Extended Shelf Life
        2. Environmental Regulations
        3. Cost-Effectiveness
      2. Restraints
        1. High Initial Costs
        2. Compatibility Issues
        3. Limited Effectiveness in Certain Conditions
      3. Opportunities
        1. Expansion in Food Packaging
        2. Technological Advancements
        3. Emerging Markets
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Oxygen Scavenger Masterbatch Market, By Type, 2021- 2031(USD Million)
      1. Polyethylene (PE)
      2. Polyurethane (PU)
      3. Polyvinyl chloride (PVC)
      4. Polyethylene terephthalate
      5. Polystyrene (PS)
      6. Acrylonitrile butadiene styrene (ABS)
      7. Polycarbonate (PC)
      8. Others
    2. Global Oxygen Scavenger Masterbatch Market, By Application, 2021- 2031(USD Million)
      1. Head, Eye & Face Protection
      2. Hearing Protection
      3. Protective Clothing
      4. Respiratory Protection
      5. Protective Footwear
      6. Fall Protection
      7. Hand Protection
      8. Others
    3. Global Oxygen Scavenger Masterbatch Market, By Geography, 2021- 2031(USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. BASF SE
      2. SABIC.
      3. Evonik Industries AG
      4. Sumitomo Chemical Co., Ltd.
      5. Arkema
      6. Celanese Corporation
      7. Eastman Chemical Company
      8. Chevron Phillips Chemical Company
      9. Exxon Mobil Corporation
      10. Covestro AG
  7. Analyst Views
  8. Future Outlook of the Market