Plastic Additives Market by Production, Growing Demand and Industry Outlook 2020 to 2023

The report entitled “Global Plastic Additives Market: Size, Trends & Forecasts (2019-2023)”, provides analysis of the global Plastic Additives, with detailed analysis of market size and growth. The analysis includes the market by value, by region, by segment, volume by region and by end uses. The report also provides the analysis of the global Plastic Additives market of Asia Pacific (APAC), North America, Europe, Middle East & Africa (EMEA), and South America regions.

Market includes analysis of the global Plastic Additives market in terms of value followed by analysis of its various segments. A global analysis of the larger logistics market has also been included in the report in order to highlight the position of Plastic Additives with respect to the overall market.

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The plastic additives market can be segmented on the basis of product types (Plasticizers, Flame Retardants, Impact Modifiers, Antioxidants, Antimicrobials, UV Stabilizers and Others); Plastic (Engineering Plastic, High-Performance Plastic and Commodity Plastic); Function (Modifiers, Extenders, Stabilizers and Processing Aids) and Application (Packaging, Construction, Consumer Goods, Automotive and Other Applications).

Moreover, the report assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall Plastic Additives market has also been forecasted for the years 2019-2023, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.

Country Coverage

Asia Pacific (India & Rest of Asia Pacific)
Europe
North America
South America
Middle East & Africa

Company Coverage

BASF SE
Clariant
Evonik Industries AG
DowDuPont Inc.

Executive Summary:

The day-to-day activities of an individual involve the use of plastic goods. A large number of plastics have been developed and used as a material for the households, commercial and industrial purpose. All the plastic products are made from polymer mixed with a combination of materials, known as additives. Plastic additives are added in polymer to improve the performance, process-ability and other characteristics such as shine, strength, durability, heat resistance, etc.

Plastic additives provide various benefits to the plastics. Plastic additives are used to improve processing conditions of plastics, obtain better impact resistance, increase flame resistance, change the appearance of a plastic, increase or decrease hardness, control surface tension, increase the strength of a plastic, facilitate extrusion blocking, reduce costs, and make plastic more eco-friendly.

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The global plastic additives market has increased at a significant CAGR during the years 2015-2018 and projections are made that the market would rise in the next four years i.e. 2019-2023 tremendously. The plastic additives market is expected to increase due to the growing consumption of plastic, increasing construction activities, escalating use of plastic in packaging industry, rising industrial activities, etc. Yet the market faces some challenges such as growing concern towards hazardousness of plastics, stringent government regulations, etc.

Note: All the reports that we list have been tracking the impact of COVID-19. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

This release was published on openPR.