Press release
Plastic Additives Market 2022-2027 Size, Share, Growth, Analysis, Trends and Forecast
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
A plastic additive represents a chemical compound that is added to polymers for improving the physical and chemical properties of plastic products. It acts as a filler or catalyst to enhance the strength-to-weight ratio, luster, durability, corrosion resistance, heat sensitivity, etc. Some of the commonly available plastic additives include modifiers, property extenders, stabilizers, processing aids, etc. They are used for commodity, engineering, and high-performance plastics. In line with this, these additives find extensive applications in several industries, such as construction, packaging, automotive, manufacturing, etc.
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Market Trends
The widespread product adoption in the replacement of conventional materials, such as glass, paper, ceramic, metal, etc., used in the production of consumer goods, various textiles, agricultural and medical items, etc., is primarily driving the plastic additives market. Additionally, the growing utilization of polyethylene terephthalate (PET), polyvinyl chloride (PVC), low-density polyethylene (LDPE), and high-density polyethylene (HDPE) that are often treated with plastic additives to extend their operational life, appearance, mechanical properties, etc., is further catalyzing the market growth. Besides this, the escalating demand for disposable and reusable plastic products across the medical industry is acting as another significant growth-inducing factor. Moreover, the increasing industrial output is also positively influencing the global market. Apart from this, the introduction of 3D printing technologies is anticipated to fuel the plastic additives market over the forecasted period.
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List of Key Companies Covered in this Market Report:
Akzonobel NV
Albemarle Corporation
BASF
Clariant AG
DowDuPont
Kaneka Corporation
Lanxess AG
Songwon Industrial Co. Ltd
Breakup by Additive Type:
Plasticizers
Stabilizers
Flame Retardants
Impact Modifiers
Others
Breakup by Plastic Type:
Commodity Plastic
Engineering Plastic
High Performance Plastic
Breakup by Application:
Packaging
Automotive
Consumer Goods
Construction
Others
Breakup by Function:
Property Modifiers
Property Stabilizers
Property Extenders
Processing Aids
Breakup by Geography:
North America (U.S. & Canada)
Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
Latin America (Brazil, Mexico)
Middle East & Africa
Key highlights of the report:
Market Performance (2016-2021)
Market Outlook (2022- 2027)
Porter's Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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Aluminum Composite Panels Market: https://www.imarcgroup.com/aluminum-composite-panels-market
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Cosmetic Preservatives Market: https://www.imarcgroup.com/cosmetic-preservatives-market
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Ceramic Filters Market: https://www.imarcgroup.com/ceramic-filters-market
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Levulinic Acid Market: https://www.imarcgroup.com/levulinic-acid-market
Refractories Market: https://www.imarcgroup.com/refractories-market
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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