Press release
Plastic Additives Market Growing by 2026 with Top Key Players like Evonik Industries AG, Mitsui Chemical America, INC, AkzoNobel N.V., Solvay, SONGWON, Evonik Industries AG, Biesterfield AG, Adeka India Pvt Ltd
Market Analysis: Global Plastic Additives MarketGlobal Plastic Additives Market is expected to rise to an estimated value of USD 64.84 billion by 2026, registering a substantial CAGR in the forecast period of 2019-2026. The report contains data of the base year 2018 and historic year 2017. The high growth of this market is due to the expanding interest for plastic additives for different applications in countries including India, China and others.
Whichever way the plastic processing industry will develop in the coming years, you can rely on BASF to deliver the plastic additive and coloration solutions you need. Our long experience in stabilization, coloration and protection, comprehensive technical support and innovation power help plastics producers to come up with the right solutions for their customers. The data and information about Plastic Additives industry are taken from reliable sources such as websites, annual reports of the companies, and journals, and then validated by the market experts. The Plastic Additives report covers major manufacturers, suppliers, distributors, traders, customers, investors and major types, major applications. Few of the major competitors currently working in global plastic additives market are BASF SE, SONGWON, Clariant, Evonik Industries AG,
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Elucidation of the Market Dynamics:
The Plastic Additives research report thoroughly explains the primary and secondary research techniques to arrive at interferences. It has been aggregated on the basis of the several dynamic aspects of the businesses. Market Dynamics Like Market Drivers, Restraints and Threats are also encompassed in the report.
Market Definition: Global Plastic Additives Market
Plastic additives are ingredients that act as a catalyst or fillers which are added in polymers to improve their durability, sensitivity and strength. Plasticizers, fillers, antioxidants and impact modifiers among others are the major types of plastic additives. Due to direct or indirect contact with heat and ultraviolet rays for an extended period, the plastic materials get weathered. Plastic additives are used in wide range of sectors such as food industries, construction, packaging, automobile, electrical & electronics, commercial use and others.
Leading Key market players:
The Emerging Key Market players of the Market are included in the Plastic Additives research report. The key competitors are also analyzed in the report. The market report is considered to be a combination of the current trends.
Key Market Competitors:
PMC Group, Inc., Albemarle Corporation, AkzoNobel N.V., Solvay , Styro Chem, DuPont de Nemours, Inc., Exxon Mobil Corporation, Mitsui Chemical America, INC, DOW, Biesterfield AG , LANXESS, Adeka India Pvt Ltd, Wacker Chemie AG, Sabo S.p.A., and Eriez Manufacturing Co among others.
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Market Drivers:
Replacement of biodegradable plastics by traditional polymers in several applications drives the market growth
Worldwide increasing disposable income and rapid urbanization will propel the growth of the market in the long run
Rapid growth in food packaging industries boosts up the market of plastic additives
Low price and high durability of plastic inhibits the growth of the market
Technology advancement will continue to boost the market of plastic additives in the forecast period
Table Of Content:
Global Plastic Additives Market: Research Methodology
Executive Summary
Strategic Recommendations
Plastic Additives Products Outlook
Global Plastic Additives Market: Growth and Forecast
Global Plastic Additives Market: Company Share
Global Plastic Additives Market: Regional Analysis
North America Plastic Additives Market: An Analysis
Europe Plastic Additives Market: An Analysis
APAC Plastic Additives Market: An Analysis
ROW Plastic Additives Market: An Analysis
Global Plastic Additives Market: Market Dynamics
Porter Five Force Analysis
SWOT Analysis
Competitive Landscape: Product Benchmarking
Company Profiles
And More….
Get Detailed TOC At @ https://www.databridgemarketresearch.com/toc/?dbmr=global-plastic-additives-marketMarket Restraints:
Stringent governmental regulations regarding environmental concern can hamper the plastics additives market
Plastic waste is difficult to recycle which may hinder the market in the forecast period
Fluctuating raw materials pricing is also restraining the market growth
Segmentation: Global Plastic Additives Market
By Type
Plasticizers
Lubricants
Slip Additives
Antistatic Additives
Antifog Additives
Filler Dispersants
Pigment Wetting Agents
Antistatic Additives
Slip Additives
Flow Improvers
Processing Aids
Stabilizers
Flame Retardants
Impact Modifiers
By Plastic Type
Polyethylene (PE)
Polystyrene (PS)
Polypropylene (PP)
Polyamides (PA)
Polyethylene Terephthalate (PET)
Polyvinyl Chloride (PVC)
Polycarbonate (PC)
Others
By End-Users
Food industries
Construction
Packaging
Automobile Industries
Commercial use
Electrical & Electronics
Others
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Geographical Division of the Market
The market is geographically Divided into various regions such as
North America
South America
Europe
Asia-Pacific
Middle East and Africa
Key Developments in the Market:
In March, 2018, Milliken had launched a new technology for improving the clarity, performance and processing of polyolefin at NPE. The main aim of this technology is to increase the strength of polymers. This new launch would help the company in expanding its product portfolio along with providing cost effective and sustainable technology to consumers
In September 2016, Altana expanded their additives business through acquisition of Dutch company Addcomp to expand their product portfolio and to enter in polymer business. Thus this launch will bring innovation and growth in the plastic additives market
Competitive Analysis:
Global plastic additives market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of plastic additives market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Key Insights in the report:
Complete and distinct analysis of the market drivers and restraints
Key market players involved in this industry
Detailed analysis of the market segmentation
Competitive analysis of the key players involved
Major Insights of the Report
Market Penetration: Comprehensive information on the product portfolios of the top players in the Plastic Additives market.
To gain insightful analyses of the market and have a comprehensive understanding of the “Plastic Additives” and its commercial landscape
Market estimates of all the key segments, sub-segments, and the regional markets throughout the forecast period
Product Development/Innovation: Detailed insights on the product approvals, R&D activities, and product launches in the Plastic Additives market
To understand the future outlook and prospects for Plastic Additives market analysis and forecast 2019-2026.
Supplementary Insights included in the report
The research report provides the Market overview By product, market size, share and Growth
It covers the diverse topics such as regional market scope, product market various applications, market size according to specific product, sales, revenue and more,
It Analyzes the various perspective by understanding the focus areas of the prominent companies in the business.
The report identifies the latest developments, market shares and strategies employed by major market players.
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About Us:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge Market Research provides appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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