The Plastic Additives Industry: Current Status and Future Prospects

Rapid urbanization has led to a significant boom in the building and construction industry and this is a key factor driving revenue growth of the global plastic additives market

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 Market report serves as an accurate database providing the precise market estimations based on a detailed industry analysis. The highly professional report is targeted at readers and businesses interested in this sphere. Our team of analysts has employed primary and secondary research methodologies to determine the estimated market share over the projected timeframe, as well as to analyze the major market segments, including regional bifurcation.

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Competitive Outlook: The leading companies operating in the Plastic Additives market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.

Top Companies Operating in the Plastic Additives Market and Profiled in the Report 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

Objectives of the Report:

Study of the global Plastic Additives market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)

Industrial structure analysis of the Plastic Additives market by identification of various sub-segments

Extensive analysis of key market players along with their SWOT analysis

Competitive landscape benchmarking

Analysis of Plastic Additives market based on growth trends, futuristic outlook, and contribution to the total growth of the market

Analysis of drivers, constraints, opportunities, challenges, and risks in the global Plastic Additives market

Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances

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Segments Covered in this report are:

 

  • Type Outlook (Revenue, USD Billion, Volume, Kilotons, 2019–2030)

    • Plasticizers
    • Stabilizers
      1. UV Stabilizers
      2. Antioxidants
    • Flame Retardant
    • Blowing Agents
    • Nucleating Agents
    • Others
  • Plastic Type Outlook (Revenue, USD Billion, Volume, Kilotons, 2019–2030)

    • Commodity Plastics
      1. Polyethylene (PE)
      2. Polypropylene (PP)
      3. Polystyrene (PS)
      4. Polyphenylene Ethers (PPE)
    • Engineering Plastics
    • High-Performance Plastics (HPA)
  • Application Outlook (Revenue, USD Billion, Volume, Kilotons, 2019–2030)

    • Packaging
    • Consumer Goods
    • Construction
    • Automotive
    • Others

Regional Segmentation:

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)

Browse Detailed Research report @https://www.emergenresearch.com/industry-report/plastic-additives-market

Thank you for reading our report. For further queries regarding the report or customization options, please connect with us. Our team will ensure you get a report well-suited to your needs.

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About Emergen Research

 

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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