Asia Pacific，Asia Pacific is the world's largest masterbatch consumer market, accounting for 33% of global demand5. China, as the core of the region, is both the world's largest producer (2.4 million tons in 2023, accounting for 18% of the global total) and the fastest growing market, with sales of 37.9 billion yuan in 2023, accounting for 24.7% of the global total. In addition, Japan, South Korea, India and Southeast Asian countries demand growth is significant, especially under the promotion of degradable plastics policy, the future market potential is huge. 

North America and Europe accounted for 24% and 22% of the North American and European markets, respectively, mainly concentrated in high-end applications (such as automobiles, medical devices). International giants such as Ampacet, BASF, Clariant and others dominate the market through localized production and distribution networks, while focusing on the development of environmentally friendly products. The North American pipeline masterbatch market will account for approximately 24% of the global market in 2023 and is expected to grow at a CAGR of 5.5% through 2030. 

Third, emerging markets (South America, the Middle East and Africa) these regions due to the late start of the plastic industry, demand growth is faster. For example, the Middle East and Africa market is gradually expanding its share through localized cooperation, while Brazil and Argentina are the main growth points in South America.