2020 Plastic Antioxidants Market Report- Antioxidants Type: Phenolic, Phosphite & Phosphonite, Antioxidant Blends

The plastic antioxidants market size is estimated to be USD 2.0 billion in 2020 and is projected to reach USD 2.6 billion by 2025, at a CAGR of 5.3% between 2020 and 2025. 

ReportsnReports added Plastic Antioxidants Market Research Report created by Report Consultant, which offers detailed insights, revenue details, and other information regarding the global market, and the various trends, drivers, restraints, opportunities, and market till 2028. Plastic Antioxidants Market Report offers detailed information regarding the leading key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions and mergers, and market footprint. Plastic Antioxidants Market also provides a comparative analysis of the market dynamics pre and post Covid19 outbreak.

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Top Company Profile Analysis in this Report-
BASF SE (Germany), Songwon (South Korea), Adeka Corporation (Japan), Solvay (Belgium), SK Capital (US), Clariant (Switzerland), Sumitomo Chemical (Japan), 3V Sigma S.p.A (Italy), and Dover Chemical Corporation (US).

This report segments the market for plastic antioxidants on the basis of type, polymer resin, and region, and provides estimations for the overall value of the market across various regions. A detailed analysis of key industry players has been conducted to provide insights into their business overviews, products & services, key strategies, new product launches, expansions, and mergers & acquisition associated with the market for plastic antioxidants.

Factors such as plastics replacing conventional materials, increasing demand in medical industry, and rapid urbanization in developing countries will drive the plastic antioxidants market. The major restraint for the market will be adverse effect on health from synthetic plastics antioxidants. However, the untapped demand in the agricultural sector of developing countries will act as an opportunity for the market.

Antioxidants are classified on the basis of their ability to interrupt the overall oxidation process. Chain breaking and preventive mechanisms are the two major antioxidant mechanisms that interfere with polymer oxidation cycles. The two classes of antioxidants identified are chain-breaking or primary antioxidants and preventive or secondary antioxidants. Primary antioxidants react rapidly and are, therefore, referred to as radical scavengers. Phenolic antioxidants are primary antioxidants, which interfere with chain propagation by terminating the free radical. They are used for plastics or polymer systems that are sensitive to thermal and oxidative degradation due to the formation of peroxides and free radicals. Phenolic antioxidants protect plastics or other polymers against degradation and oxidation at high processing temperatures.

PP is a thermoplastic polymer with the presence of tertiary carbon atoms. The presence of tertiary carbon atoms makes it susceptible to oxidation and thermal degradation at high temperatures. Polypropylene is processed at temperatures between 428°F and 536°F, and under these conditions, it degrades to form low molecular weight products. Thus, antioxidants are added to PP to stabilize it. Antioxidants are added during the manufacturing process and palletizing. The commonly used antioxidant for PP is butylated hydroxyl-toluene (BHT), which is used as a primary antioxidant, and phosphite & phosphonite, used as secondary antioxidants.

Asia Pacific dominated the plastic antioxidants market in 2019, It is also projected to witness the highest CAGR between 2020 and 2025. The growing population and increasing disposable income in countries such as China and India are fueling the growth of the building & construction, packaging, automotive, and other industries in Asia Pacific, thereby driving the plastics and consequently plastic antioxidants market. The region is characterized by a growing population and economic developments. The increasing population in the region, accompanied by increasing construction spending in the developing markets of China, India, and Indonesia, is projected to make this region an ideal destination for the plastic industry. This, in turn, is expected to drive the plastic antioxidants industry in the near future.

In the process of determining and verifying the market size for several segments and subsegments identified through secondary research, extensive primary interviews were conducted. A breakdown of the profiles of the primary interviewees are as follows:

By Company Type: Tier 1 - 45%, Tier 2 - 30%, and Tier 3 - 25%
By Designation: C-Level - 46%, Director Level - 25%, and Others - 29%
By Region: North America - 27%, Europe - 27%, APAC - 33%, South America - 7%, and Middle East & Africa - 6%,

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Reasons to buy this report-
This research report is focused on various levels of analysis — industry analysis (industry trends), market ranking analysis of top players, and company profiles, which together provide an overall view on the competitive landscape; emerging and high-growth segments of the plastic antioxidants market; high-growth regions; and market drivers, restraints, opportunities, and challenges.

The report provides insights on the following pointers:
Market Penetration: Comprehensive information on plastic antioxidants offered by top players in the global plastic antioxidants market
Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the plastic antioxidants market
Market Development: Comprehensive information about lucrative emerging markets — the report analyzes the markets for plastic antioxidants across regions
Market Diversification: Exhaustive information about new products, untapped regions, and recent developments in the global plastic antioxidants market
Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the plastic antioxidants market
Impact of COVID-19 on plastic antioxidants Market

Table Of Contents in this Report-
1 Introduction
1.1 Objectives Of The Study
1.2 Market Definition
1.2.1 Plastic Antioxidants Market: Inclusions & Exclusions
1.2.2 Plastic Antioxidants: Market Definition Amd Inclusions, By Antioxidant Type
1.2.3 Plastic Antioxidants: Market Definition Amd Inclusions, By Polymer Resin
1.3 Market Scope
1.3.1 Regions Covered
1.3.2 Years Considered For The Study
1.4 Currency Considered
1.5 Units Considered
1.6 Stakeholders

2 Research Methodology
2.1 Plastic Antioxidants Market: Study Approach
2.1.1 Supply-Side Approach
2.1.2 Demand-Side Approach
2.1.3 Parent Market Approach
2.2 Forecast Number Calculation
2.2.1 Supply Side
2.2.2 Demand Side
2.3 Research Data
2.3.1 Secondary Data
2.3.2 Primary Data
2.3.2.1 Primary Interviews: Demand And Supply Sides
2.3.2.2 Breakdown Of Primary Interviews
2.3.2.3 Key Industry Insights
2.4 Market Size Estimation
2.4.1 Bottom-Up Approach
Figure 1 Plastic Antioxidants Market: Bottom-Up Approach
2.4.2 Top-Down Approach
Figure 2 Plastic Antioxidants Market: Top-Down Approach
2.5 Data Triangulation
Figure 3 Plastic Antioxidants Market: Data Triangulation
2.6 Factor Analysis
2.7 Assumptions
2.8 Limitations & Risks Associated With Plastic Antioxidants Market

3 Executive Summary
Figure 4 Phosphite & Phosphonite To Be The Fastest-Growing Antioxidant Type In The Overall Plastic Antioxidants Market
Figure 5 Pp To Be The Largest Polymer Resin Segment In The Plastic Antioxidants Market
Figure 6 Apac Accounted For The Largest Market For Plastic Antioxidants In 2019

4 Premium Insights
4.1 Overview Of The Plastic Antioxidants Market
Figure 7 Plastic Antioxidants Market To Register Moderate Growth During The Forecast Period
4.2 Apac: Plastic Antioxidants Market, By Polymer Resin And Country
Figure 8 China Led The Apac Plastic Antioxidants Market In 2019
4.3 Plastic Antioxidants Market, By Antioxidant Type
Figure 9 Phenolic Antioxidants To Dominate The Market Between 2020 And 2025
4.4 Plastic Antioxidants Market, By Region
Figure 10 Apac Projected To Be The Fastest-Growing Market Between 2020 And 2025
4.5 Plastic Antioxidants Market, Region Vs. Polymer Resin
4.6 Plastic Antioxidants Market Attractiveness
Figure 11 India Is Projected To Be The Fastest-Growing Market Between 2020 And 2025

5 Market Overview

and more...

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