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Performance Additives Market Analysis 2018: Forecast of Global Industry Players Like AkzoNobel, Ashland, Clariant, Arkema, Solvay, Cabot Corporation, BASF, allnex, Evonik, Cytec Solvay Group, Eastman Chemical Company, ExxonMobil, LANXESS, Momentive, Eleme
Performance Additives market research report is a proven source of information which offers a telescopic view of the current market trends, situations, opportunities and status. The report is a comprehensive statistical analysis of the Performance Additives market’s continuous positive developments, capacity, production, production value, cost/profit, supply/demand and import/export.The global Performance Additives market report also contains the drivers and restrains for the market that are derived from SOWT analysis, and also shows what all the recent developments, product launches, joint ventures, merges and accusations by the several key players and brands that are driving the market are by systemic company profiles.
The Global Performance Additives Market accounted for USD 75.32 billion and is projected to grow at a CAGR of 8.5% during the forecast period.
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Forecasting Global Performance Additives Market Analysis By Type (Plastic Additives, Paint & Coatings Additives, Pigment Additives, Ink Additives) By End-use (Packaging, Household Goods, Automotive, Industrial, Construction) and Geography.
Some of the major players in performance additives market include
· Akzo Nobel N.V.
· Altana
· Arkema SA
· BASF SE
· Clariant
· Cytec Solvay
· Cabot Corporation
· Allnex
· Ashland
· Momentive
· Eastman Chemical Company
· Evonik Industries AG
· Imerys Performance Additives,
· DowDuPont,
· Dynea AS
· Emerald Performance Materials
Others: Huntsman International LLC, Lanxess AG, ExxonMobil, Elementis Global, Daikin Industries, The DOW Chemical Company and many more. The Performance Additives market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
Performance additives are the various chemicals that are added to the modern-day automotive gasoline and other propelling fuels to stabilize and elevate their octane level, decrease the propensity of pre-ignition, and allow for more power to be made from increased compression and advanced ignition timing. Growing demand for these chemicals from automobile and construction industries are likely to play a major role in their market growth.
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Market Segmentation: Global Performance Additives Market
· The performance additives market is segmented on the basis of type into
· Plastic additives
· Paint & coatings additives
· Pigment additives and
· Ink additives
· On the basis of end-use, the market is segmented into
· Packaging,
· Household goods,
· Automotive,
· Industrial and construction.
· On the basis of geography, the performance additives market report covers data points for 28 countries across multiple geographies such as
· North America
· South America
· Europe
· Asia-Pacific
· Middle East & Africa
· Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
Major Market Drivers:
· Growing population and rapid urbanization
· High demand from end-use industries
· Development of multipurpose additives
Market Restraint:
· Volatile raw material prices
· Stringent environmental regulations regarding additives
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