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
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