China Masterbatch Industry "Pacesetter" in 2025!

Suzhou Polyd Technology Co., Ltd. was founded in May 1995 and was listed on the Growth Enterprise Market of the Shenzhen Stock Exchange in November 2020. In 2021, it was awarded the title of "National Specialized, Refined, Characteristic, and Innovative Small Giant Enterprise." The company's products include high-quality color masterbatches and functional masterbatches, environmentally friendly water-based nano color pastes, and optical electronic inks. In the first half of 2025, Polyd achieved an operating income of 676 million yuan, a year-on-year increase of 1.47%; the net profit attributable to shareholders of the listed company was 63.8146 million yuan, a year-on-year increase of 15.19%. The color masterbatch business achieved an operating income of 658 million yuan.

Guangdong Meilian New Materials Co., Ltd. was established in 2000 and listed on the Shenzhen Stock Exchange's ChiNext Board in 2017, becoming the first domestic enterprise in China to be listed with color masterbatch as its main product. The company has a production capacity of 90,000 tons of color masterbatch. In the first half of 2025, Meilian New Materials achieved a revenue of 878 million yuan, a year-on-year increase of 3.10%; the color masterbatch business achieved a revenue of 334 million yuan.

Ningbo Color Masterbatch Co., Ltd. was established in 1985 and was listed on the Shenzhen Stock Exchange's Growth Enterprise Market in 2021. The company is headquartered in Ningbo, Zhejiang, and has subsidiaries including Ningbo Color Masterbatch (Zhongshan) Co., Ltd. and Ningbo Color Masterbatch (Chuzhou) Co., Ltd. The main products of the company include color masterbatches, black masterbatches, white masterbatches, and functional masterbatches. In the first half of 2025, Ningbo Color Masterbatch achieved a revenue of 219 million yuan, with the masterbatch business generating a revenue of 206 million yuan.

Qingdao Runxing Plastic New Materials Co., Ltd. is a wholly-owned subsidiary of Daon Shares, established in 1992, with an annual production capacity of approximately 27,000 tons. Its products include color masterbatches for home appliances, fiber-grade color masterbatches, general black and white masterbatches, biodegradable masterbatches, and filler masterbatches. In the first half of 2025, Daon Shares' color masterbatch business segment achieved operating revenue of 129 million yuan.

Jiangsu Pulaike Hongmei Color Masterbatch Co., Ltd. was established in 1990 and is a company focused on the research, production, and sales of plastic color masterbatches, plastic functional masterbatches, and plastic modification materials. It is one of the largest producers of polyolefin color masterbatches in East China. In the first half of 2025, Hongmei Color Masterbatch achieved an operating income of 236 million yuan; the main business achieved an operating income of 234 million yuan.

Yick Hing Hong Limited (HK010417) was established in early 1970, headquartered in Hong Kong, China. It primarily engages in the production and sales of plastic raw materials, color powders, colorants, compounds, and engineering plastics. Yick Hing Hong is a listed company on the Hong Kong Stock Exchange with a masterbatch annual production capacity of 50,000 tons. According to the interim report for 2024/2025, the company's revenue is 705,051 thousand Hong Kong dollars.

Chongqing Aucai New Materials Co., Ltd. is a full-service operator specializing in the research and development, production, and sales of plastic color masterbatches, functional masterbatches, and plastic modification. It is a national high-tech enterprise and recognized as a "Little Giant" enterprise by the Ministry of Industry and Information Technology.

Shandong Longtuo New Materials Co., Ltd.'s main products are black masterbatches, color masterbatches, white masterbatches, and defoaming masterbatches. The company has independently developed and manufactured high-torque, high-speed twin-screw production lines, currently achieving an annual production capacity of 20,000 tons.

Maokang Material Technology (Changshu) Co., Ltd. is a professional manufacturer of mid-to-high-end black masterbatch, with its main factory located in Changshu, Jiangsu Province, and an annual production capacity of 50,000 tons. The second production base, Jiujiang Maokang Material Technology Co., Ltd., has an annual production capacity of 200,000 tons of mid-to-high-end black masterbatch and commenced normal production in July 2023.

Changzhou Futong Fiber New Materials Co., Ltd. currently has approximately 500 employees. After more than 30 years of accumulation and development, the company has become a high-tech enterprise that integrates masterbatches, colored spinning, and post-processing, providing global customers with a complete industrial chain solution from "masterbatch - colored spinning."

From established giants to emerging strong players, these companies support half of China's color masterbatch industry!