Global Plastic Additives Market Research Report 2023(Status and Outlook)
Report Overview
Plastic additives are the materials or agents added to the plastic to improve, retain, or modify the properties of the plastic. Plastic additives improve processing conditions, stability, curb surface tension, control blocking, protect from getting oxidized, ensure resistance from flames, and provide the required stability to the final product. Plastics cannot work without additives. With the help of additives, plastics can be made safer, cleaner, tougher, and colorful.
Currently, Asia-Pacific is the largest market for plastic additives. The growing packaging industry coupled with the increased demand from the retail industry drives the market of plastic additives in the region. Polymer industries are witnessing high growth in developing nations such as India and Brazil due to their growing economies. The Middle East & Africa is projected to be the second-fastest growing market for plastic additives between 2018 and 2023. This growth is attributed to rising packaging and automotive sectors in the region.
The Global Plastic Additives Market Size was estimated at USD 38650.00 million in 2022 and is projected to reach USD 46892.27 million by 2029, exhibiting a CAGR of 2.80% during the forecast period.
Bosson Research’s latest report provides a deep insight into the global Plastic Additives market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Plastic Additives Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Plastic Additives market in any manner.
Global Plastic Additives Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
BASF
Clariant
The Dow Chemical Company
Evonik Industries
ExxonMobil
LANXESS
Mitsui Chemicals
Adeka Corporation
AkzoNobel
Albemarle Corporation
Baerlocher Group
Emerald Performance Materials
Grafe Advanced Polymers
Kaneka Corporation
Milliken
PolyOne
Sabo
Sakai Chemical Industry
Songwon
Market Segmentation (by Type)
Plasticizers
Stabilizers
Flame Retardants
Impact Modifiers
Others
Market Segmentation (by Application)
Passenger Vehicle
Commercial Vehicle
Geographic Segmentation
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
South America (Brazil, Argentina, Columbia, Rest of South America)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
Industry drivers, restraints, and opportunities covered in the study
Neutral perspective on the market performance
Recent industry trends and developments
Competitive landscape & strategies of key players
Potential & niche segments and regions exhibiting promising growth covered
Historical, current, and projected market size, in terms of value
In-depth analysis of the Plastic Additives Market
Overview of the regional outlook of the Plastic Additives Market:
Key Reasons to Buy this Report:
Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
This enables you to anticipate market changes to remain ahead of your competitors