openPR Logo
Press release

Plastic Additives Market Professional Survey 2019-2025 by Focusing on Top Player - BASF SE, SABIC, DuPont, ExxonMobil Chemical, Mitsui Chemical, The Dow Chemical Company, and Biesterfield Plastic GmbH

07-16-2019 09:14 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Flair Insights

Plastic Additives

Plastic Additives

The global Plastic Additives market was valued at USD 40.07 billion in 2016 and is projected to reach USD 60.07 billion by 2025, growing at a CAGR of 4.6% from 2017 to 2025.

Plastic additives demand is majorly governed by the plastic industry growth. Plastic additives are added during manufacturing to improve the functional properties of plastic. However, the manufacturers now face a serious threat from growing demand for bio-plastics.

Rising industrial output and increased economic activity in emerging economies of Asia and South America are expected to drive the global industry over the forecast period. Regulatory bodies such as the European Commission (EU) amended acts such as the Restriction of Hazardous Substances (RoHS) to regulate and control plasticizers, flame retardants, and other additives owing to adverse effects on human health and environment.

Get Sample Copy of this Report: https://flairinsights.com/requestsample/1052

The U.S. FDA has formulated the Code of Federal Regulations (CFR), Title 21, Part 177 to regulate the types of indirect additives used in food contact substances. These requirements are a set of guidelines established to regulate maximum permissible additive quantities used in food processing and packaging applications. The global industry is characterized by volatile raw material prices, coupled with stringent environmental regulations for manufacturing plasticizers, UV stabilizers, and other additives.

Political turmoil in Middle East regarding petrochemicals is further expected to affect supply and pricing dynamics over the forecast period. Other products such as PC and PMMA are gaining importance, especially as substitutes for glass. Growing emphasis on conductive additives such as carbon nanotubes and nanofibers has also been the major factor for promoting them in electrical and electronic applications.

High demand from the automotive and packaging industries is expected to drive the market demand in North America. Furthermore, stringent food, environmental, and medical regulations by regulatory bodies including the EPA and FDA are expected to contribute to high market demand in the coming years.

Emerging economies of Asia and South America such as China, India, and Brazil are witnessing high industrial output due to increased economic activity, which, in turn, is giving rise to manufacturing sector growth. Major corporations that are dominant in North America and Europe are gradually shifting their plastics production capabilities to cater to high potential markets in Asia Pacific and South America. This factor is expected to drive additive consumption in the respective regions.

Plastic additives are expected to undergo changes in terms of their development. Shift towards development of bio-based plastics is a key trend in the market. Green chemistry is a hotbed of a subject in the industry. Many companies such as Emery Oleochemicals have successfully commercialized bio-based plastic additives.

Inquire more or share questions if any before the purchase on this – https://flairinsights.com/send-a-query/1052

Function Insights

On the basis of function, the global industry has been segmented into property extenders, property modifiers, property stabilizers, and processing aids. Property stabilizers were the leading segment in 2014, accounting for 36.6% share of the overall volume in 2014. Property stabilizers are largely used to increase stability in terms of chemical bonding and thermal and physical properties. The segment is expected to reach USD 4.3 billion by 2022.

Processing aids are expected to register the highest growth in terms of volume over the forecast period owing to their increasing application in the enhancement of plastic extrusion ability. Manufacturers prefer these aids to improve quality and output of PE films, tubes, pipes, and other finished products. This factor is expected to increase the demand for processing aids over the forecast period.

Product Insights

On the basis of product, the global industry has been segmented into plasticizers, flame retardants, impact modifiers, antimicrobials, UV stabilizers, antioxidants, and others. Plasticizers were the leading product segment in 2014, accounting for 51.7% share of the global volume. Plasticizers are largely used in PVC to improve plasticity and fluidity of the material.

Plasticizers are facing regulatory scrutiny due to presence of phthalates, which are considered to be carcinogenic in nature. Plasticizers are banned in various substances such as toys and child care articles owing to their carcinogenic nature by various agencies such as the European Union and the U.S. EPA. This product segment is expected to witness moderate growth owing to declining market share.

The flame retardants segment is expected to witness significant growth in the coming years owing to increasing regulations regarding workplace safety. These products are increasingly utilized in the manufacturing industries to prevent fire accidents and arson incidents, owing to their thermal efficacy and heat resistance.

Regional Insights

Asia Pacific was the largest regional market in 2014 with a revenue of USD 15.7 billion. Rising industrial output, economic growth, and increasing population in China, India, and Southeast Asia have driven the manufacturing and construction industries in the region. This has led to high demand for plastics with application specific property. Consumer preference for flame retardancy, high impact strength, corrosion resistance, and UV resistance in plastics is expected to drive the APAC market over the forecast period.

The industry in North America and Europe is expected to expand at a volume-based CAGR of 4.1% and 3.9% respectively over the forecast period. Developed nations such as U.S., U.K., Germany, and France are also expected to generate high demand for plasticizers, UV stabilizers, flame retardants, and other additives.

Get Report Discount @ https://flairinsights.com/check-discount/1052

Plastic Additives Market Share Insights

The global market share was dominated by integrated companies providing feedstock as well as final products and supplying them to end users such as automotive, OEMs, construction, electronics, and footwear. The market is marked by the presence of numerous producers who command a majority of the overall share. Key players with a global presence include BASF SE, SABIC, DuPont, ExxonMobil Chemical, Mitsui Chemical, The Dow Chemical Company, and Biesterfield Plastic GmbH.

Technology innovation, product development, and production optimization are crucial for industry participants to maintain a competitive edge. Moreover, the industry is characterized by the presence of integrated players that are involved in raw material and feedstock procurement, along with plastic additives.

About Us:

Flair Insights provides research that fuels innovation. Today’s modern world runs on sound research and development for which big data is required. We now live in the world of information where everything can be quantified. Flair Insights provides comprehensive analysis and reports that cover a wide range of industries. These reports will help you understand the industry and subject it is about and provide you with the right insights. Businesses can then make sound strategies based on the reports, make predictions, understand market trends, do surveys and more. The reports are a microscopic look that unveil the minutest of details.

Contact Us:

Name: Yog Thakre
Email: sales@flairinsights.com
Organization: Flair Insights
Address: 5, Kapre Complex, Suncity Road, Anand Nagar,
Pune, Maharashtra - 411051
Phone: +91 89561 90780
Website: http://www.flairinsights.com

This release was published on openPR.

Permanent link to this press release:

Copy
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 Additives Market Professional Survey 2019-2025 by Focusing on Top Player - BASF SE, SABIC, DuPont, ExxonMobil Chemical, Mitsui Chemical, The Dow Chemical Company, and Biesterfield Plastic GmbH here

News-ID: 1804823 • Views:

More Releases from Flair Insights

Fluorine Market Future forecast and SWOT Analysis with Top Key Players Pelchem SOC Ltd (South Africa), Kanto Denka Kogyo Co., Ltd (Japan), The Linde Group (Ireland), Solvay S.A (Belgium), Navin Fluorine International Ltd (India), Air Products & Chemicals,
Fluorine Market Future forecast and SWOT Analysis with Top Key Players Pelchem S …
Important the study on Fluorine market takes a closer look at the top market performers and monitors the strategies that have enabled them to occupy a strong foothold in the market. Performance of the product and services across different segments and geography are thoroughly assessed during the research. Apart from this, the research brings to light real-time data about opportunities that will completely transform the trajectory of the business environment
Sodium Perborate Market Future forecast and SWOT Analysis with Top Key Players Hongye Holding Group Co., Ltd. (China), Noida Chemicals (India), Shanghai Pengkai Chemical Co., Ltd. (China), Solvay S.A. (Belgium), Triveni Chemicals (India), etc.
Sodium Perborate Market Future forecast and SWOT Analysis with Top Key Players H …
Flair Insights came with a new study titled Global Sodium Perborate Market Analysis 2014-2018 and Forecast 2019 – 2026 which is an in-depth study and analysis of the market, shading light on many noteworthy points and trends. Our industry experts, with unique domain knowledge, have developed this report to offer analysis of Market Size, Share, Future Growth, and Opportunity. An inclusive and decision-making data in this report will be useful
White Wine Market 2019 Is Showing Strong Growth By Key Players – Constellation Brands, Pernod-Ricard, The Wine Group
White Wine Market 2019 Is Showing Strong Growth By Key Players – Constellation …
The White Wine market is an intrinsic study of the current status of this business vertical and encompasses a brief synopsis about its segmentation. The report is inclusive of a nearly accurate prediction of the market scenario over the forecast period – market size with respect to valuation as sales volume. The study lends focus to the top magnates comprising the competitive landscape of White Wine market, as well as
Electric Propulsion Satellites Market Opportunities, Manufacture Size, Developments and Future Forecasts To 2025
Electric Propulsion Satellites Market Opportunities, Manufacture Size, Developme …
The global Electric Propulsion Satellite Market 2019 is bifurcated into multiple segments [Product, Applications, End-Users, and Major Regions]. The global Electric Propulsion Satellite Market report represents the market’s data in a better-analyzed way by fragmenting the market in several multiple segments product, its end-users, applications, and others of the market segments. A review of the impact of the administrative regulations and policies on the Electric Propulsion Satellite Market operations is

All 5 Releases


More Releases for Plastic

Agriculture Film Market SWOT Analysis of Leading Key Players Shandong Tianhe Pla …
HTF MI recently introduced Global Agriculture Film Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are British Polythene Industries (BPI), Trioplast, Berry Plastics, Armando Alvarez, Polypak, Barbier
Building Materials Market 218 : Hepworth, National Plastic Industry, Hira Indust …
Building materials in this report covered the PVC pipes and fittings, PPR pipes and fittings, PE pipes and fittings, fabrication, ducts systems for infrastructure, valves and pumps and electrical conduits PVC systems. At present, Hepworth, National Plastic Industry, Hira Industries, Florance Plastic Industries, Polyfab Plastic Industry, MPI, Union Pipes Industry, ANABEEB, Borouge and ACO Group are the UAE leading suppliers of the building materials, and top ten of them shared about
Yazheng Plastic Netting combined type plastic netting machine
Yazheng Plastic Netting developed combined type plastic netting machine.The combined type plastic netting machine can produce plastic deer fencing, anti bird netting, erosion control netting and plastic filtration netting. The combined type plastic netting machine is 30m long, it is be composed of polypropylene grinding miller, extruding machine, high temperature machine, stretch machine, rolled machine and cut machine. The horizontal thread and vertical thread of nettings that produced by
Global Plastic Pails (Plastic Bucket) Market 2018 Key Players: Jokey Group, BERR …
Qyresearchreports include new market research report "Global Plastic Pails (Plastic Bucket) Sales Market Report 2018" to its huge collection of research reports. In this report, the global Plastic Pails (Plastic Bucket) market is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2025, growing at a CAGR of XX% between 2017 and 2025. Several regional and global trends account for the attractive
Plastic Closure Market – Analysis of Plastic Closure Test Growth, Plastic Clos …
The latest market intelligence study on Plastic Closure market relies on statistics derived from the application of both primary and secondary research to present insights pertaining to the operational model, opportunities and competitive landscape of Plastic Closure market for the forecast period, 2017 - 2022. Get Access to Sample Pages@ https://www.marketexpertz.com/sample-enquiry-form/142 Importantly, the research taps critical data about the niche segments, market share, size, and growth rate to offer business
Recycled Plastic & Plastic Waste to Oil Market Analysis : TMR
There is a growing need for recycling the plastic and plastic waste. Various major companies are now concentrating on developing new waste-conversion technologies. Some of the major corporates in the global recycled plastic and plastic waste to oil market are Agilyx Inc., Cynar Plc, Vadxx Energy LLC, Nexus Fuels LLC, Clean Blue Technologies Inc., JBI Inc., RES Polyflow, PK Clean, Plastic Advanced Recycling Corporation (PARC), and MK Aromatics Ltd. These