Plastic Antioxidants Market Shares 2023 - BASF SE, Solvay, SI Group, Dover Corporation, SAKAI CHEMICAL INDUSTRY, Evonik Industries AG, LANXESS, Trigon Antioxidants, Krishna Antioxidants, Shandong Linyi Sunny Wealth chemicals
The market is experiencing a few changes in terms of both production and developments. For instance, Addivant has increased their production capacity of Ultranox 626 capacity by 40%. Ultranox 800 is again saving costs for polypropylene compounders and recyclers and is offering an option for customizing stability of products. Songwon Industrial Group is focusing much on developing antioxidant blends that are tailored to perfection as per the customer’s taste.
Fill the form for an Exclusive Sample of this Report @ https://www.marketresearchfuture.com/sample_request/4788
The Global Plastic Antioxidants Market can be segmented by Polymer Resin and Antioxidant Type.
By Polymer Resin, the market can be segmented into polyethylene, polypropylene, polyvinylchloride, polystyrene, acrylonitrile butadiene styrene. Polypropylene resin holds a significant share of the market and finds considerable utility in food packaging, heavy-duty sacks, hygiene films, compounding, and others. Acrylonitrile butadiene styrene resins are mostly used in musical instruments such as piano, recorders, and others. The compound is expected to witness the fastest market growth during the forecast period.
Based on the Antioxidant Type, the market comprises phenolic, phosphite & phosphonite and antioxidant blends. Phosphite & phosphonite holds the dominant market share due to its ability to protect products from decay and infuse the same with better stability.
The Plastic Antioxidants Market covers five regions in the world namely Asia Pacific (APAC), North America, Europe, Latin America (LATAM), and the Middle East & Africa (MEA).
The APAC is dominating the market as several end-user industries are experiencing unprecedented expansion such as automotive, electrical & electronics, petrochemical, and oil & gas industries. India, China, and Japan are showing consumption of such product on an exceptional scale. In addition, acrylonitrile butadiene styrene resin is getting momentum in the region owing to huge traction generated by the end-users.
North America is registering a significant growth as construction, and automotive sectors are showing much consumption of polyethylene and polypropylene resins. However, the market can experience a few deterrents as the government has imposed stringent regulations on Plastic Antioxidants in the U.S. Meanwhile, aerospace and electronics industries are set to create more demand for the market in the U.S., Canada, and Mexico.
The European region is also ready to expand the market. Automotive, aviation, and construction sectors have fuelled the market growth by consuming more phosphate & phosphonite antioxidants. The U.K., Germany, and France are expected to play a crucial role in creating a favorable atmosphere.
The LATAM witnesses a sizeable growth owing to growing consumption of polyethylene and polypropylene resins in chemical, construction & buildings, and energy sectors. The MEA is set to register higher growth due to increasing demand for Plastic Antioxidants Market in oil & gas, petrochemical, energy, and aviation sectors.
Access Report Details @ https://www.marketresearchfuture.com/reports/plastic-antioxidants-market-4788
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Market Research Future
+1 646 845 9312
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Plastic Antioxidants Market Shares 2023 - BASF SE, Solvay, SI Group, Dover Corporation, SAKAI CHEMICAL INDUSTRY, Evonik Industries AG, LANXESS, Trigon Antioxidants, Krishna Antioxidants, Shandong Linyi Sunny Wealth chemicals here
News-ID: 1361294 • Views: 428
More Releases from Market Research Future
CAS9 technology Market Projected to Hit USD 6.72 Billion at a 11.30% CAGR by 203 …
Market overview: The overall CAS9 technology industry is expected to grow over the future years because of its significant economic nature and expanding use opportunities. During 2018- 2030, the industry is anticipated to develop at a compound yearly rate of economic development of 11.30 %. Genetic engineering has advanced with the advent of genomics and genetic manipulation using designed nucleases. As a method for genomics, the CAS9 technique is swiftly gaining
Cloud Billing Market Projected to Hit USD 13.23 Billion at a 16.40% CAGR by 2030 …
Market Overview: The value of the Cloud Billing Market is anticipated to be USD 13.23 billion by the year 2030, growing at a CAGR of 16.40% during the period of forecasting from 2020 to 2030. Cloud billing creates invoices using valuable informational data following previously established billing standards. A cloud-based billing feature serves as a conduit for generating consumption invoices. There will be growth in the cloud billing market in the next
Thermal Paper Market Size 2021: Industry Analysis, Share, Segmentation, Price Tr …
Overview The thermal paper market is anticipated to grow rapidly at a CAGR of 4.87% during the forecast period. The global thermal paper market is driven by increased demand for thermal paper for POS application. These factors have helped shape the thermal paper market and are expected to boost the growth. Companies in the thermal paper market could also face challenges such as increasing demand for paperless billing and volatility in
Dry Bulk Shipping Market 2022 , Share, Size, Growth, Top Manufacturers, Segmenta …
Market Overview Market research indicates that the global market of Dry Bulk Shipping Market Revenue is going to reach up to USD 5,400 Million (approx) within the forecast period 2022-2030 with a CAGR of 4%. Get sample copy of report at: https://www.marketresearchfuture.com/sample_request/8308 Dry Bulk Shipping is the transportation of bulk commodities such as grains, iron ore, coal, lumber, sand, gravel, steel products like rods, plates, coils, and others using vessels. According to
More Releases for Antioxidant
Global Rubber Antioxidant Market Research Report : Ken Research
The global Rubber Antioxidant market was valued at 166.13 Million USD in 2020 and will grow with a CAGR of 3.14% from 2020 to 2027, based on HNY Research newly published report. The prime objective of this report “Global and Regional Rubber Antioxidant Industry Status and Prospects Professional Market Research Report Standard Version 2021-2027”is to provide the insights on the post COVID-19 impact which will help market players in this field
Global Antioxidant BHT Market Analysis (2020-2025)
Global Info Research offers a latest published report on Antioxidant BHT Analysis and Forecast 2020-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. This report focuses on the key global Antioxidant BHT Concentrate players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years. Click to view the full report TOC, figure and tables: https://www.globalinforesearch.com/reports/516191/antioxidant-bht Market
Global Food Antioxidant Market Trends – Forecasts to 2026
The studies performed by GME has shown a sharp peak in the Global Food Antioxidant Market, which is estimated to rise at a CAGR of 6.1% in the middle of 2020-2026 tenure. The food antioxidants perform key functions such as improved shelf life of food items, prevent rancidity, thus increase the demand for packaged food, processed meat, and other food items, resulting in building the market of the food antioxidant
Polymer Antioxidant Market Size, Share, Development by 2024
Global Info Research offers a latest published report on Polymer Antioxidant Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. This report focuses on the key global Polymer Antioxidant players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years. To analyze the Polymer Antioxidant with respect to individual growth
Antioxidant Supplement new booming trends in 2022
In this report, the global Antioxidant Supplement market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Antioxidant Supplement in these regions, from 2012 to 2022 (forecast), covering
Global Rubber Antioxidant Consumption 2016 Market Research Report
MarketResearchReports.Biz presents this most up-to-date research on "Global Rubber Antioxidant Consumption 2016 Market Research Report" Description The Global Rubber Antioxidant Consumption 2016 Market Research Report is a professional and in-depth study on the current state of the Rubber Antioxidant market. First, the report provides a basic overview of the Rubber Antioxidant industry including definitions, classifications, applications and industry chain structure. And development policies and plans are discussed as well as manufacturing processes and