Global Plastic Antioxidants Market to Register 4.8% CAGR During 2019-2024

Global Plastic Antioxidants Market size will grow from USD 1.69 Billion in 2017 to USD 2.24 Billion by 2023, at an estimated CAGR of 4.8%. The base year considered for the study is 2017, and the market size is projected from 2018 to 2023.

The growth of the market is driven by the replacement of conventional materials by plastics in various industries, and the increasing disposable income and rapid urbanization in emerging countries. The usage of plastic antioxidants is estimated to be highest in Polypropylene (PP) polymer resin during the forecast period, due to susceptibility to oxidation and thermal degradation and presence of tertiary carbon atoms in PP. The Acrylonitrile Butadiene Styrene(ABS) polymer resin segment is projected to witness the highest growth between 2017 and 2023.

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By Market Players:
BASF, Songwon, Adeka Corporation, Solvay, SI Group, Clariant, Sumitomo Chemical, 3V Sigma S.P.A, Dover Chemical Corporation, Everspring Chemical Co., Ltd., Ampacet Corporation, A.Schulman, Astra Polymers Compounding Co Ltd., Emerald Performance Materials, Evonik Industries, Krishna Antioxidants Pvt. Ltd., Lanxess, Milliken & Company, Omnova Solutions Inc., Oxiris Chemicals S.A.,

By Product Type:
Polyethylene (PE), Polyvinyl Chloride (PVC), Polystyrene (PS), Acrylonitrile Butadiene Styrene (ABS), Other Polymer Resins

By Application:
Phenolic Antioxidants, Phosphite & Phosphonite Antioxidants, Antioxidant Blends, Other Antioxidants

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