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Key players in the oxygen scavenger masterbatch market for food packaging include :
These players are entering into strategic mergers and acquisitions with active packaging manufacturers in order to understand technologies and processes related to manufacturing of oxygen absorber masterbatch. For instance, Henkel acquired the additive business of W R Grace in 2016 in order to build its competitiveness in the industry.
The oxygen scavenger masterbatch market in 2018 exhibited a revenue of USD 17 million.
Overall oxygen scavenger masterbatch market would be pegged at a valuation of USD 25 million in 2025.