Plastic Additives Market by Type (Anti-fog, Antioxidants, Blowing Agents), Material Type (Engineering Plastic, Ethylene Vinyl Acetate, Polyethylene), Application - Global Forecast 2024-2030


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Plastic Additives Market by Type (Anti-fog, Antioxidants, Blowing Agents), Material Type (Engineering Plastic, Ethylene Vinyl Acetate, Polyethylene), Application - Global Forecast 2024-2030


The Plastic Additives Market size was estimated at USD 53.55 billion in 2023 and expected to reach USD 56.11 billion in 2024, at a CAGR 4.87% to reach USD 74.74 billion by 2030.

Global Plastic Additives Market

Plastic additives are substances incorporated into polymers and plastics to alter, enhance, and influence their properties and performance. The main purpose of their inclusion is to improve the plastics' durability, flexibility, and color or to imbue them with characteristics such as anti-static, flame-resistance, or UV protection. In a broader sense, these additives facilitate the transformation of polymer materials into products of exceptional quality, capable of meeting diverse consumer and industrial needs. The increasing consumer demand for sustainable and convenient packaging solutions and the surge in the automotive sector for lightweight and durable vehicles has emerged as significant growth contributor. However, environmental concerns regarding the use of plastics and their non-degradability are significant limiting factors. Nevertheless, developing sustainable solutions, including biodegradable and recyclable plastic products, is expected to create substantial opportunities for the growth of plastic additives.

Regional Insights

The plastic additive market is evolving in the Americas owing to the presence of a well-established industrial sector and demand for lightweight components in the automotive and aerospace sectors, raising demand for plastic additives in the region. Rapid industrialization, increasing emphasis on semiconductor manufacturing, and demand for innovative packaging solutions are accelerating the use of plastic additives in the APAC region. The EMEA region has witnessed increased demand for food packaging due to rapid urbanization and population growth. Additionally, the rise in building & construction activities coupled with significant demand for enhanced materials for producing automotive components are fueling the use of plastic additives in the EMEA region. Besides, ongoing research to improve the properties of plastic additives is anticipated to encourage their use across end-use sectors globally.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Plastic Additives Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Plastic Additives Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Plastic Additives Market, highlighting leading vendors and their innovative profiles. These include Adeka Corporation, AkzoNobel NV, Baerlocher Group, BASF SE, Bio-Tec Environmental, LLC, Clariant International Ltd., Dow Inc., DuPont de Nemours, Inc., Eastman Chemical Company, Emerald Performance Materials, Evonik Industries AG, Exxon Mobil Corporation, Grafe Advanced Polymers GmbH, Kaneka Corporation, Lanxess AG, Mitsui & Co. Plastics Ltd., Nanjing Union Rubber and Chemicals Co., Ltd., Nouryon Chemicals Holding B.V., Peter Greven GmbH & Co. KG, Plastics United Group, PMC Global Incorporated, Polymers Compounding Co. Ltd., Sabo S.P.A., Sakai Chemical Industry Co., Ltd., Solvay S.A., Songwon Industrial Co., Ltd., and Wuxi Jubang Auxiliaries Co., Ltd..

Market Segmentation & Coverage

This research report categorizes the Plastic Additives Market to forecast the revenues and analyze trends in each of the following sub-markets:

Type
Anti-fog
Antioxidants
Blowing Agents
Fillers
Flame Retardants
Impact Modifiers
Plasticizers
Stabilizers
Material Type
Engineering Plastic
Ethylene Vinyl Acetate
Polyethylene
Polyethylene Terephthalate
Polypropylene
Polystyrene
PVC
Thermosets
Application
Automotive
Construction
Consumer Goods
Manufacturing Processes
Packaging
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Plastic Additives Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Plastic Additives Market?
3. What are the technology trends and regulatory frameworks in the Plastic Additives Market?
4. What is the market share of the leading vendors in the Plastic Additives Market?
5. Which modes and strategic moves are suitable for entering the Plastic Additives Market?

Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Plastic Additives Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Increasing demand for lightweight components in automotive & aerospace sector
5.1.1.2. High use of disposable plastics in healthcare sectors
5.1.1.3. Exponential growth in eCommerce and need for packaging materials
5.1.2. Restraints
5.1.2.1. Volatility in raw materials cost
5.1.3. Opportunities
5.1.3.1. Improvements in plastic additives manufacturing process
5.1.3.2. Ongoing research to develop bio-based plastic additives
5.1.4. Challenges
5.1.4.1. Stringent governmental regulations governing the plastic additives
5.2. Market Segmentation Analysis
5.2.1. Type: Burgeoning utilization of impact modifiers as it increases the toughness and durability of plastics
5.2.2. Material Type: Significant use of polyvinyl chloride (PVC) due to its durability and fire resistance properties
5.2.3. Application: Evolving usage of plastic additives in automotive parts
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Plastic Additives Market, by Type
6.1. Introduction
6.2. Anti-fog
6.3. Antioxidants
6.4. Blowing Agents
6.5. Fillers
6.6. Flame Retardants
6.7. Impact Modifiers
6.8. Plasticizers
6.9. Stabilizers
7. Plastic Additives Market, by Material Type
7.1. Introduction
7.2. Engineering Plastic
7.3. Ethylene Vinyl Acetate
7.4. Polyethylene
7.5. Polyethylene Terephthalate
7.6. Polypropylene
7.7. Polystyrene
7.8. PVC
7.9. Thermosets
8. Plastic Additives Market, by Application
8.1. Introduction
8.2. Automotive
8.3. Construction
8.4. Consumer Goods
8.5. Manufacturing Processes
8.6. Packaging
9. Americas Plastic Additives Market
9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States
10. Asia-Pacific Plastic Additives Market
10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam
11. Europe, Middle East & Africa Plastic Additives Market
11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom
12. Competitive Landscape
12.1. FPNV Positioning Matrix
12.2. Market Share Analysis, By Key Player
12.3. Competitive Scenario Analysis, By Key Player
12.3.1. New Product Launch & Enhancement
12.3.1.1. BASF Launches First Biomass Balance Plastic Additives
12.3.1.2. Evonik Launches TEGO Cycle Additives Portfolio To Transform Plastic Waste Into Valuable Plastics
12.3.2. Investment & Funding
12.3.2.1. Evonik Invests in Interface Polymer’s Additives for Sustainable Plastics
13. Competitive Portfolio
13.1. Key Company Profiles
13.1.1. Adeka Corporation
13.1.2. AkzoNobel NV
13.1.3. Baerlocher Group
13.1.4. BASF SE
13.1.5. Bio-Tec Environmental, LLC
13.1.6. Clariant International Ltd.
13.1.7. Dow Inc.
13.1.8. DuPont de Nemours, Inc.
13.1.9. Eastman Chemical Company
13.1.10. Emerald Performance Materials
13.1.11. Evonik Industries AG
13.1.12. Exxon Mobil Corporation
13.1.13. Grafe Advanced Polymers GmbH
13.1.14. Kaneka Corporation
13.1.15. Lanxess AG
13.1.16. Mitsui & Co. Plastics Ltd.
13.1.17. Nanjing Union Rubber and Chemicals Co., Ltd.
13.1.18. Nouryon Chemicals Holding B.V.
13.1.19. Peter Greven GmbH & Co. KG
13.1.20. Plastics United Group
13.1.21. PMC Global Incorporated
13.1.22. Polymers Compounding Co. Ltd.
13.1.23. Sabo S.P.A.
13.1.24. Sakai Chemical Industry Co., Ltd.
13.1.25. Solvay S.A.
13.1.26. Songwon Industrial Co., Ltd.
13.1.27. Wuxi Jubang Auxiliaries Co., Ltd.
13.2. Key Product Portfolio
14. Appendix
14.1. Discussion Guide
14.2. License & Pricing
FIGURE 1. PLASTIC ADDITIVES MARKET RESEARCH PROCESS
FIGURE 2. PLASTIC ADDITIVES MARKET SIZE, 2023 VS 2030
FIGURE 3. PLASTIC ADDITIVES MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. PLASTIC ADDITIVES MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. PLASTIC ADDITIVES MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. PLASTIC ADDITIVES MARKET DYNAMICS
FIGURE 7. PLASTIC ADDITIVES MARKET SIZE, BY TYPE, 2023 VS 2030 (%)
FIGURE 8. PLASTIC ADDITIVES MARKET SIZE, BY TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. PLASTIC ADDITIVES MARKET SIZE, BY MATERIAL TYPE, 2023 VS 2030 (%)
FIGURE 10. PLASTIC ADDITIVES MARKET SIZE, BY MATERIAL TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. PLASTIC ADDITIVES MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
FIGURE 12. PLASTIC ADDITIVES MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. AMERICAS PLASTIC ADDITIVES MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 14. AMERICAS PLASTIC ADDITIVES MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. UNITED STATES PLASTIC ADDITIVES MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 16. UNITED STATES PLASTIC ADDITIVES MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. ASIA-PACIFIC PLASTIC ADDITIVES MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. ASIA-PACIFIC PLASTIC ADDITIVES MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. EUROPE, MIDDLE EAST & AFRICA PLASTIC ADDITIVES MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 20. EUROPE, MIDDLE EAST & AFRICA PLASTIC ADDITIVES MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. PLASTIC ADDITIVES MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 22. PLASTIC ADDITIVES MARKET SHARE, BY KEY PLAYER, 2023

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