The global plastic additives market size reached USD 39.69 Billion in 2021 and register a revenue CAGR of 5.1% over the forecast period, according to the latest analysis by Emergen Research. Rapid urbanization has resulted in rapid growth of the building and construction industry in a number of developing countries, which is expected to continue to drive demand for plastic additives. Plastic additives enhance the performance and durability of polymers in a variety of building applications. Additives are used in paints and coatings to improve the performance of the coating film. In addition, rising demand for flame retardant additives used mostly in the interiors of buildings is further expected to drive revenue growth of the market going ahead.
The global Plastic Additives industry has been broadly categorized in terms of product type, application spectrum, end-user industry, and an intensely competitive landscape. The report inspects the current market scenario, past performance, demand and supply ratios, production and consumption rates, sales, and numerous growth opportunities available. Further, into the study, the report predicts the prospective growth of the market’s leading regional segments. A lucid outline of the competitive scenario of the Plastic Additives market is likely to help businesses involved in this sector decipher the optimal business moves to reach their desired business goals.
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Key Players operating in the industry are:
BASF SE, Clariant AG, The Dow Chemical Company, Albemarle Corporation, Songwon Industrial Co., Ltd., ExxonMobil Chemical, DuPont de Nemours, Inc., Nouryon, Lanxess AG, Evonik Industries AG, and Kaneka Corporation
Radical Features of the Plastic Additives Market Report:
- The report encompasses Plastic Additives market overview along with market share, demand and supply ratio, production and consumption patterns, supply chain analysis, and other ley elements
- An in-depth analysis of the different approaches and procedures undertaken by the key players to conduct business efficiently
- Offers insights into production and manufacturing value, products and services offered in the market, and fruitful information about investment strategies
- Supply chain analysis along with technological advancements offered in the report
- The report covers extensive analysis of the trends, drivers, restraints, limitations, threats, and growth opportunities in the Plastic Additives industry
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Segmentation:
Type Outlook (Revenue, USD Billion, Volume, Kilotons, 2019–2030)
- Plasticizers
- Stabilizers
- UV Stabilizers
- Antioxidants
- Flame Retardant
- Blowing Agents
- Nucleating Agents
- Others
Plastic Type Outlook (Revenue, USD Billion, Volume, Kilotons, 2019–2030)
- Commodity Plastics
- Polyethylene (PE)
- Polypropylene (PP)
- Polystyrene (PS)
- Polyphenylene Ethers (PPE)
- Engineering Plastics
- High-Performance Plastics (HPA)
- Commodity Plastics
Application Outlook (Revenue, USD Billion, Volume, Kilotons, 2019–2030)
- Packaging
- Consumer Goods
- Construction
- Automotive
- Others
Regional Analysis Covers:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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