Global High-Performance Plastic Additives Market 2023-2029
High-performance plastic additives are chemical compounds that are added to plastic materials to enhance their performance properties, such as strength, durability, and resistance to heat, chemicals, and UV radiation. These additives can be used in a wide range of plastic applications, including automotive, aerospace, electronics, medical, and consumer goods. The global high-performance plastic additives market size is projected to grow by USD 0.8 billion from 2023 to 2029, registering a CAGR of 8.32 percent, according to the latest market data.
The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global high-performance plastic additives market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the plastic type, additive type, end user, and region. The global market for high-performance plastic additives can be segmented by plastic type: fluoropolymers, high-performance polyamides, sulfone polymers, liquid crystal polymers, polyimides, others. In 2022, the fluoropolymers segment made up the largest share of revenue generated by the high-performance plastic additives market. High-performance plastic additives market is further segmented by additive type: plasticizers, flame retardants, lubricants, antioxidants, stabilizers, others. The flame retardants segment was the largest contributor to the global high-performance plastic additives market in 2022. Based on end user, the high-performance plastic additives market is segmented into: transportation, medical, electrical and electronics, packaging, others. The electrical and electronics segment is estimated to account for the largest share of the global high-performance plastic additives market. On the basis of region, the high-performance plastic additives market also can be divided into: Asia-Pacific (ex. China), Europe, North America, China, RoW (Rest of World). China held the largest share of the global high-performance plastic additives market in 2022 and is anticipated to hold its share during the forecast period.
Market Segmentation
By plastic type: fluoropolymers, high-performance polyamides, sulfone polymers, liquid crystal polymers, polyimides, others
By additive type: plasticizers, flame retardants, lubricants, antioxidants, stabilizers, others
By end user: transportation, medical, electrical and electronics, packaging, others
By region: Asia-Pacific (ex. China), Europe, North America, China, RoW (Rest of World)
The report explores the recent developments and profiles of key vendors in the Global High-Performance Plastic Additives Market, including BASF SE, Arkema S.A., Avient corporation, SABIC, 3M Company, Evonik Industries AG, Colloids Limited, Solvay S.A., Nouryon Holding B.V., Ensinger Group, among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.
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Scope of the Report- To analyze and forecast the market size of the global high-performance plastic additives market.
- To classify and forecast the global high-performance plastic additives market based on plastic type, additive type, end user, region.
- To identify drivers and challenges for the global high-performance plastic additives market.
- To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global high-performance plastic additives market.
- To identify and analyze the profile of leading players operating in the global high-performance plastic additives market.
Why Choose This Report- Gain a reliable outlook of the global high-performance plastic additives market forecasts from 2023 to 2029 across scenarios.
- Identify growth segments for investment.
- Stay ahead of competitors through company profiles and market data.
- The market estimate for ease of analysis across scenarios in Excel format.
- Strategy consulting and research support for three months.
- Print authentication provided for the single-user license.