Plastic Additives Market is estimated to surge US$63.031 billion by 2025


Posted February 24, 2020 by knowledgesourcing12

The plastic additives have a variety of application and advantages which is majorly driving the market for plastic additives. Like flexibility, cost-effective, reusability of application, improving polymers durability, strength.
 
This report provides forecast and analysis of the plastic additives market which is estimated to surge a CAGR of 4.73% over the period 2019-2025.

Plastic Additives are chemicals that are required for polymerizing, processor to modify the end-use properties of plastics. The additives are required for improving the properties of plastic or polymers like its durability, shine, strength, and heat sensitivity. Plastic additives have various applications in like extenders, modifiers, stabilizers. The multiple, cost-effective and efficient applications are growing the demand for plastic additives. Plastic additives market is globally driven due to its reusable applications and flexible properties of plastic
The Plastic Additives Market is segmented by type, by type of plastic, by end-user industry, and geography. Segmentation by type is by Biostabilisers, Antioxidants, Antistatic Agents, Plasticisers, Flame Retardants, Fragrances, and others. Segmentation by type of plastic is majorly by Polyethylene, Polyurethanes, Polyvinyl Chloride (PVC), Polyamide, and others. Segmentation by the end-user Industry is by Automotive, Construction, Packaging, Transportation, and Others.
By geography, the plastic additives market has been segmented as Americas, Europe, the Middle East and Africa, and the Asia Pacific. The American market is expected to have a notable market share of plastic additives due to driving factors such as stringent medical, environmental, and food regulations, high requirements in the automotive and packaging industry in the region. Urbanization and Industrialization inthe Asia Pacific region to make it the fastest-growing market for plastic additives due to rising economic activities and high industrial output in the region.
Some of the major players covered as part of the report are BASF SE, Arkema, DowDuPont, Evonik Industries AG, LANXESS, ADEKA CORPORATION, WackerChemie AG, Clariant, SABO S.P.A., and Eriez Manufacturing Co. among others.

This report segmented the plastic additives market on the basis of the following terms
• By Type
o Biostabilisers
o Antioxidants
o Antistatic Agents
o Plasticizers
o Flame Retardants
o Fragrances
o Others

• By Type of Plastic
o Polyethylene
o Polyurethanes
o Polyvinyl Chloride (PVC)
o Polyamide
o Others

• By End-User Industry
o Automotive
o Construction
o Packaging
o Transportation
o Others

• By Geography
o North America
 USA
 Canada
 Mexico

o South America
 Brazil
 Argentina
 Others

o Europe
 Germany
 France
 United Kingdom
 Spain
 Others

o Middle East and Africa
 Saudi Arabia
 Israel
 UAE
 Others

o Asia Pacific
 China
 Japan
 South Korea
 India
 Others

View a sample of the report or purchase complete study https://www.knowledge-sourcing.com/report/global-plastic-additives-market

Knowledge Sourcing Intelligence (KSI) is a market research and consulting organization based out of India. KSI publishes research studies spanning across ten industry verticals. KSI has a team of experienced and young professionals with a singular focus on delivering high-quality research services to enterprises, non-government organizations, government agencies, and research institutes and organizations. We publish hundreds of reports per year centering on niche and latest technologies.

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Issued By Knowledge Sourcing Intelligence
Country United States
Categories Business , Services
Tags chemicals and materials , plastic additives market , plastic additives market analysis , plastic additives market share , plastic additives market size , plastic additives market trend
Last Updated February 24, 2020