The plastic antioxidant market is estimated to reach USD 2.65 billion by 2027, and a growth rate of CAGR 5.4% in the forecast period of 2020 to 2027. Replacement of conventional materials by plastics in various industries and increasing disposable income are some of the growth drivers for the market.

Plastic antioxidants are a class of material that protect plastics from thermally and chemically induced oxidation. Antioxidants have various physical properties such as anti-aging with impact resistance and excellent tensile strength. These antioxidants are composed of phosphite or phenolic & phosphonite ingredients. Moreover, they are used in various applications such as aerospace, automotive, coil, petrochemicals, and others.

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Global Plastic Antioxidant Market, By Type (Phenolic, Phosphite and Phosphonite, Antioxidant Blends and Others), Polymer Resin (Polypropylene (PP), Polyethylene (PE), Polyvinyl Chloride (PVC), Other Polymer Resins), Form (Solid and Liquid), Country(U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of the Middle East and Africa) Industry Trends and Forecast to 2027

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The global plastic antioxidant market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions and technological innovations in the market. To gain more info plastic antioxidant market on Data Bridge Market contact us for an Analyst Brief, our team will help you make an informed market decision to achieve market growth.

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