Synthetic Antioxidants Market: Value Chain, Dynamics and Key Players 2021 to 2026

Synthetic Antioxidants Market Report provides detailed analysis of Growth Factors of the market as well as it gives an analysis of the Market size, Latest trends, SWOT Analysis by Regions and Forecasted market research data until 2025. The Synthetic Antioxidants market report has studied key opportunities in the market and influencing factors which are useful to the business. The report also maps the qualitative and quantitative impact of various market factors like macro-economic indicators, PPP, Epidemiological data, Insurance scenario and patent and IP information, Government Policies and business regulations along market attractiveness as per segments.

Global Synthetic Antioxidants market size (most likely outcome) will be a year-over-year revenue growth rate of XX% in 2021, from US$ 8648.6 million in 2020. Over the next five years the Synthetic Antioxidants market will register a 5.4% CAGR in terms of revenue, the global market size will reach US$ 10670 million by 2026.

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The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global Synthetic Antioxidants Market: BASF, Lanxess, SONGWON, SI Group, Adeka, Everspring, Rich Yu, Solvay, Rianlon, Clariant, Jiyi Chemical, Sunny Wealth Chemicals and others.

Industry News and Updates:

BASF increases production capacity of antioxidants for lubricants

January 15, 2019: Florham Park, USA, Ludwigshafen, Germany, – BASF’s global business unit Fuel and Lubricant Solutions is investing in Mexico and China to increase production of antioxidants for lubricants. The capacity expansions address growing demand for antioxidants from the increasing number of vehicles in Asia and the increasing global demand for long-life lubricant additives.

In Mexico, BASF expanded the production capabilities of its site in Puebla. In China, the expansion is through a technology licensing and manufacturing agreement with Feiya Chemical Co. Feiya has recently built a new site in Rudong, Jiangsu Province, which is fully operational and producing on-spec products.

BASF inaugurates the second phase of its new antioxidants manufacturing plant in Shanghai

Hong Kong SAR, China – December 17, 2019 – BASF today inaugurated the second phase of its new, world-scale antioxidants manufacturing plant at its Caojing site in Shanghai, China. The second phase comprises a synthesis plant to produce the antioxidants Irgafos® 168 and Irganox® 1076. With the completion of the second phase, the plant will have an annual capacity of 42,000 tons, mainly serving customers in China.

The units for liquid antioxidants, formgiving, and powder blending were inaugurated in January 2019 as part of the plant’s first phase. It was the first time BASF used a modular concept to build a plant. This enabled the completion of the project in just 10 months – half the time of an onsite build. 10 plant modules with a weight of up to 440 tons per module were pre-fabricated off-site in just 230 days. They were then assembled at the site in only five days after undertaking a 24-hours journey on the Yangtze River and the East China Sea.

The operational sustainability of the plant is an essential part of its design. Compared to existing antioxidant plants, the process technology of the new plant has a lower energy intensity and less waste is generated per ton of products manufactured. For example, the plant will reuse much of its process water for production and a different drying technology is used to reduce solid waste.

Global Synthetic Antioxidants Market Split by Product Type and Applications:

This report segments the market on the basis of Types are:

Amines
Hindered Phenols
Phosphites
Thioesters
Others
Amines had the biggest market share of 52% in 2018.

On the basis of Application, the market is segmented into:

Rubber and Latex
Plastics
Food and Feed
Petroleum Fuels
Others
Rubber and Latex is the greatest segment of Synthetic Antioxidants application, with a share of 59% in 2018.

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Regional Analysis For Synthetic Antioxidants Market:

For comprehensive understanding of market dynamics, the global Synthetic Antioxidants market is analyzed across key geographies namely:

North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Each of these regions is analyzed on basis of market findings across major countries in these regions for a macro-level understanding of the market.

Synthetic Antioxidants Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger and acquisitions along with trending innovation and business policies are reviewed in the report. The report contains basic, secondary and advanced information pertaining to the Market global status and trend, market size, share, growth, trends analysis, segment and forecasts from 2021–2025.                 

Key Points of Synthetic Antioxidants Market Table of Contents:

-Market Overview: The report begins with this section where a product overview and key content on the product and application segments of the global Halal Foods market are provided. The highlights of the segmentation study include price, revenue, sales, sales growth rate, and market share by product.

-Competition by company: Here we analyze the competition of the global Synthetic Antioxidants market, by company price, revenue, sales and market share, market share, competitive landscape, and latest trends, mergers, expansions, acquisitions, and market share of top companies.

-Company Profile and Sales Data: As the name suggests, this section provides sales data and useful information about the business of key players in the global Synthetic Antioxidants market. It describes the key businesses of gross margin, price, revenue, products and specifications, types, applications, competitors, manufacturing base, and key players operating in the global Synthetic Antioxidants market.

-Market Forecast: Here the report provides a full forecast for the global Synthetic Antioxidants market by product, application, and region. It also provides global sales and revenue forecasts for all years in the forecast period.

-Research Results and Conclusion: One of the last sections of the report where analyst findings and findings are provided.

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Due to the onset of COVID-19 pandemic, several economies across the world have experienced harsh economic downturn. The industrialists across North America, Europe, Asia Pacific, Latin America and Middle East and Africa were facing problems due to changing preferences of the customers and demand fluctuation. The market research report covers pre-Covid-19 data for the Synthetic Antioxidants market in years 2018 and 2020. Further, the report also covers forecast Covid-19 data from 2021 to 2027, which provides future outlook of the market for the manufacturers and suppliers.

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Cosmetic Antioxidants Industry Market:

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