Global Plastic Additives Market 2022-2028
Plastic additives are chemical compounds added to improve the performance (e.g. during shaping of the polymer, through injection moulding, extrusion, blow moulding, vacuum moulding, etc.), functionality and ageing properties of the polymer. The most commonly used additives are: plasticizers, flame retardants, antioxidants, stabilizers, lubricants, pigments, antistatic agents, slip compounds and thermal stabilizers. Each of them plays a distinct role in delivering/enhancing the (final) functional properties of a plastic product. The global plastic additives market is anticipated to reach valuation of ~USD 35,518 million by 2028, representing a CAGR of 5.1% from 2022 to 2028 as per the latest report by Gen Consulting Company. Growth of end-user industries such as building and construction, packaging, and automotive, increasing penetration of plastics in a variety of end-user industries are expected to boost the market growth in the coming years.Growth of end-user industries such as building and construction, packaging, and automotive, increasing penetration of plastics in a variety of end-user industries are expected to boost the market growth in the coming years.
The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global plastic additives market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the plastic additives industry.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the additive type, plastic type, end user, and region. The global market for plastic additives can be segmented by additive type: antioxidants, flame retardants, impact modifiers and processing aids, plasticizers, stabilizers, others. Plastic additives market is further segmented by plastic type: polyethylene (PE), polystyrene (PS), polypropylene (PP), polyamides (PA), polyethylene terephthalate (PET), polyvinyl chloride (PVC), polycarbonate (PC), high-performance plastics, others. Based on end user, the plastic additives market is segmented into: automotive & transportation, packaging, building & construction, consumer goods, others. On the basis of region, the plastic additives market also can be divided into: North America, Asia Pacific, Europe, Rest of the World (ROW).
By additive type:
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