Packaging Additives Market 2019 Trends and Analysis | Key Companies are BASF SE, ALTANA, Arkema Inc., MHM Holding GmbH, ADEKA CORPORATION, SONGWON, Amcor Limited, Addivant, DuPont, DIC CORPORATION, Flint Group, and Clariant AG

Latest niche research report on "Global Packaging Additives Market Size 2018 By Type, Packaging Type, Applications, Region and Forecast 2018 to 2025"

The report includes global packaging additives market estimates and forecasts from 2015 to 2025 where 2015-2017 denotes historic data and forecast from 2018-2025. The report also highlights market drivers, restraints and their impact. The global packaging additives market share for the different types, packaging types, and applications has been discussed till the country level.

Request a sample of packaging additives market @ https://adroitmarketresearch.com/contacts/request-sample/765

By 2025, the global packaging additives market size is estimated to cross USD 1 million by driven by demand for low-cost innovative solutions and better quality packaging materials requirement. However, the strict government regulations to use environmentally friendly packaging additives in order to minimize the damages to the environment is expected to hinder the growth of the global packaging additives market.

BASF SE, ALTANA, Arkema Inc., MHM Holding GmbH, ADEKA CORPORATION, SONGWON, Amcor Limited, Addivant, DuPont, DIC CORPORATION, Flint Group, and Clariant AG are the leading players present within the global packaging additives market. In order to gain market share, the manufacturers are adopting M&A strategy. For instance, in April 2018, DowDuPont announced to invest USD 100 million to expand manufacturing capacity in Texas. The investment will help the company to grow its business of packaging & specialty plastics in the region.

Key segments of the global packaging additives market

Type Overview, 2015-2025 (USD Million) (Tons)
Antimicrobial Agents
Anti-Fog Agents
Antistatic Additives
Clarifying Agents
Oxygen Scavengers
UV stabilizers
Others

Packaging Type Overview, 2015-2025 (USD Million) (Tons)
Rigid Packaging
Flexible Packaging
Others

Application Type Overview, 2015-2025 (USD Million) (Tons)
Food
Beverages
Pharmaceutical & Healthcare
Cosmetics & Personal Care

Regional Overview, 2015-2025 (USD Million) (Tons)
North America
U.S.
Europe
Germany
UK
Asia-Pacific
China
India
Central & South America
Middle East and Africa

Browse the full report @ https://www.adroitmarketresearch.com/industry-reports/packaging-additives-market

The oxygen scavengers market is expected to grow with the highest CAGR of 4%, in terms of volume, over the forecast period due to its advantages such as maintaining the quality of the packaged goods and improve the shelf life of the same. Clarifying agents are also likely to witness significant growth over the forecast period within the global packaging additives market with an estimated demand at 7.4 kilo tons by 2025.

The rigid packaging market was valued at USD 577.2 million in 2017 and the demand for it is expected to flourish due to the increasing demand of bioplastics, reusable plastics and strong barrier protection for bottles, cans, boxes among others. Increasing packaging regulations for labeling coupled with the enhanced aesthetic appeal of these rigid plastic packages is expected to subsequently drive the global packaging additives market over the projected period.

In 2017, the food segment accounted for more than 25 kilo tons of the global packaging additives market size and a similar trend is expected to witness in the forecast period. The food and beverage industry is growing in developing countries such as India and China among others due to growing disposable income and changing lifestyle patterns.

In 2017, Asia Pacific accounted for more than 35% of the global packaging additives market share and is expected to emerge as the most lucrative market by 2025. In Asia Pacific, India is expected to grow with the highest CAGR over the forecast period. China also holds a lucrative opportunity for the growth of the packaging additives market size. For instance, BASF, a U.S. based company and the world’s leading supplier and manufacturer of plastic additives, announced in 2016, plans to invest EUR 200 million globally to increase its production capacity. Also, the company is investing in building a new plastic additives plant in China, has an annual production capacity of 42,000 tons which would help the company to leverage the significant growth opportunities in the region which is being driven by growing applications such as consumer goods, automotive, construction among others.

Get more information on packaging additives Market through Infographics@https://adroitmarketresearch.com/infographics/packaging-additives-industry

About Us:
Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.

Contact Us:
Ryan Johnson
Account Manager - Global
3131 McKinney Ave Ste 600
Dallas, TX 75204
Email ID: sales@adroitmarketresearch.com
Phone No.:+1 (214) 884-6068
FB: https://www.facebook.com/adroitmarketresearchreports

This release was published on openPR.