Press release
Analysis on the Global Performance Minerals Additives Market (2020-2024) by Usage, Application, and Geography
Mission-critical Projects in Packaging Create Business Opportunities during COVID-19 CrisisThe coronavirus pandemic has affected almost all end markets, whilst not sparing the performance minerals additives market. Performance minerals additives are virtually found in all applications of construction, packaging, and automotive industries. However, the growth of these industries is affecting the performance minerals additives market. In order to stay afloat during the COVID-19 outbreak, manufacturers are focusing on essential industries such as food & beverages (F&B), pharmaceutical, and home care to capitalize on revenue opportunities.
Manufacturers are adopting the plug-and-play mode of production and other business activities due to the volatile demand & supply of products. They are ensuring business continuity for mission critical projects in the packaging, agriculture, and energy industries.
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Groundbreaking Polyolefin Compatibilization Technology Boosts Properties in Recycled Plastics
The recycled plastic has become the need of the hour in every end-use industry. However, recycling plastic in order to make it as useful as virgin plastic can be potentially challenging. Imerys - a France-based multinational company is taking the lead to acquire in-depth knowledge of the effects of minerals in polymers. Startups and established companies are realizing the importance of R&D investment in order to gain a competitive edge over other players in the performance minerals additives market.
Stakeholders are increasing the availability of recycled plastic made from the groundbreaking polyolefin compatibilization technology. Companies are engineering multi-functional mineral additives to innovate in recycled plastics. These efforts are being made to match recycled plastic properties with virgin polymers to enable their use in high-value applications.
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