Press release
Plastic Additives Market Projected to Reach $79.1 Billion by 2030 | In-Depth Analysis with Top Key Players
Allied Market Research published a report, titled, "Plastic Additives Market by Type (Plasticizers, Flame Retardants, Impact Modifiers, Lubricants, Antioxidants, Antimicrobials, UV Stabilizers, and Others), Plastic Type (Commodity Plastic, Engineering Plastic, and High-Performance Plastics), and Application (Packaging, Automotive, Agriculture, Building & Construction, Consumer Goods, Electrical & Electronics, and Others): Global Opportunity Analysis and Industry Forecast 2021-2030."Access Full Summary @ https://www.alliedmarketresearch.com/plastic-additives-market
The global plastic additives industry was estimated at $48.6 billion in 2020, and is expected to hit $79.1 billion by 2030, registering a CAGR of 5.1% from 2021 to 2030.Advantages of plastic additives in the construction industry and developments in the sector drive the growth of the global plastic additives market.
Drivers, restraints, and opportunities-
Advantages of plastic additives in the construction industry and developments in the sector drive the growth of the global plastic additives market. On the other hand, disadvantages associated with lubricants in the industry impede the growth to some extent. However, effective solutions for waste management and use of lubricants promoted by several government bodies in the APAC region are projected to pave the way for lucrative opportunities in the industry.
Request PDF Brochure: https://www.alliedmarketresearch.com/request-sample/220
Covid-19 scenario-
The outbreak of the pandemic gave way to disruptions in the production activities in various industry verticals such as electronics, construction, automotive, textiles, and others, which gave way to lowered demand for plastic additives, thereby impacting the growth of the market negatively, especially during the initial phase.
However, the market has already started recovering and is anticipated to get back on track soon.
The plasticizers segment to retain the lion's share-
On the basis of type, the plasticizers segment held the major share in 2020, garnering nearly one-third of the global plastic additives market, due to the fact that these additives are used in PVC plastics as it softens the polymer bonding in the plastics and increase the flexibility, durability and ductility of products. The antioxidants segment, on the other hand, is projected to cite the fastest CAGR of 5.7% throughout the forecast period.
Get Detailed COVID-19 Impact Analysis on the Plastic Additives Market @ https://www.alliedmarketresearch.com/request-for-customization/220?reqfor=covid
The high-performance plastics segment to dominate by 2030-
On the basis of plastic type, the high-performance plastics segment contributed to the lion's share in 2020, holding around three-fifths of the global plastic additives market. Increasing demand for advanced medical devices from the aging population and growing healthcare investments in emerging economies such as China & India propel the segment growth. However, the commodity plastic segment is projected to manifest the fastest CAGR of 6.0% from 2021 to 2030. Rise in use of plastics in the packaging industry as well as other end-use sectors with multiple applications such as photographic, electronics, and pharmaceuticals, and increase in demand for consumer goods fuel the growth of the segment.
Asia-Pacific, followed by Europe and North America, held the major share in 2020-
By region, Asia-Pacific, followed by Europe and North America, dominated in 2020, garnering nearly three-fifths of the global plastic additives market. The same region is also expected to cite the fastest CAGR of 5.7% throughout the forecast period. Growing demand for plastic products in India and China boosts the market growth.
Key players in the industry-
Badische Anilin- und SodaFabrik SE, Clariant Ltd.
Songwon Industrial Co. Ltd.
Evonik Industries AG
Exxon Mobil Corporation
Kaneka Corporation
Albemarle Corporation
Lanxess Corporation
Nouryon
Dow Chemical Co.
Interested in Procuring This Report? Visit Here:
https://www.alliedmarketresearch.com/plastic-additives-market/purchase-options
Contact:
David Correa
Portland, OR, United States
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on LinkedIn: https://www.linkedin.com/company/allied-market-research
About Us
Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Plastic Additives Market Projected to Reach $79.1 Billion by 2030 | In-Depth Analysis with Top Key Players here
News-ID: 2933421 • Views: …
More Releases from Allied Market Research

3D Printing Filament Market Comprehensive Growth Outlook and Trend Analysis, 202 …
According to the report, the global 3D printing filament market was valued at $0.9 billion in 2023 and is projected to reach $2.3 billion by 2031, registering a CAGR of 12.8% from 2024 to 2031.
Download Sample Pages of Research Overview: https://www.alliedmarketresearch.com/3d-printing-filament-market-A11572
Key Growth Drivers:
The growth of the 3D printing filament market is fueled by continuous advancements in filament materials-such as carbon fiber-reinforced composites, metal-infused filaments, and high-performance engineering plastics. These innovations…

Wet Chemicals Market Detailed Analysis, Growth Trends, and Future Outlook 2025-2 …
According to a recent report by Allied Market Research (AMR), the global wet chemicals market is poised for substantial growth, projected to reach a value of $5.9 billion by 2031, up from $3.2 billion in 2021. This comprehensive analysis explores market dynamics, growth drivers, and strategic initiatives while highlighting key opportunities across regions and industry segments.
Download Sample Pages of Research Overview: https://www.alliedmarketresearch.com/request-sample/A17425
The study delves into development trends, investment frameworks, and…

Nonwoven Fabrics Market Outlook to 2033 Projected High CAGR and Growth Opportuni …
A new report titled "Nonwoven Fabrics Market by Polymer Type (Polypropylene (PP), Polyethylene (PE), Polyethylene Terephthalate (PET), Wood Pulp, Rayon, and Others), Function (Disposables and Durables), Technology (Spunbond, Dry Laid, Air Laid, Wet Laid, Meltblown, and Others), and Application (Hygiene, Wipes, Medical, Filtration, Automotive, Building & Construction, and Others): Global Opportunity Analysis and Industry Forecast, 2024-2033" has been released by Allied Market Research.
Key Highlights:
- Market Size (2023): $58.4 Billion
- Projected…

Utilities Asset Management Market Poised for 11.3% CAGR Growth, Key Players, Mar …
According to the report published by Allied Market Research, the global utilities asset management market generated $4.3 billion in 2021, and is projected to reach $12.4 billion by 2031, growing at a CAGR of 11.3% from 2022 to 2031.
The report offers a detailed analysis of the top winning strategies, evolving market trends, market size and estimations, value chain, key investment pockets, drivers & opportunities, competitive landscape and regional landscape.…
More Releases for Plastic
Plastic bottles at events - Better party with plastic
Partying, dancing, camping - festivals attract hundreds of thousands of visitors every year in Germany alone. One challenge: supply and safety. For this reason, drinks in glass bottles are banned at most events due to the risk of injury. Lightweight and unbreakable plastic bottles, on the other hand, are considered a safe and practical alternative. Not only that: they can even be used to make a musical instrument.
Festivals or pageants…
Plastic Pallet With Plastic Crate Use: Efficient Material Handling
When it comes to efficient moving and storage of goods, a combination of plastic pallets [https://www.agriculture-solution.com/plastic-pallet/]and plastic crates is a popular choice. They are widely used in various industries such as manufacturing, retail, agriculture, etc. for storage and transportation of goods. Plastic pallets are designed to provide a stable base for stacking and shipping goods, while plastic crates provide safe and protective containers for stored or transported items. Plastic pallets…
Plastic Granules Market to Witness Massive Growth by Balaji Plastic, Navkar Indu …
The Worldwide Plastic Granules Market has witnessed continuous growth in the past few years and is projected to grow at a good pace during the forecast period of 2023-2029. The exploration provides a 360° view and insights, highlighting major outcomes of Worldwide Plastic Granules industry. These insights help the business decision-makers to formulate better business plans and make informed decisions to improve profitability. Additionally, the study helps venture or emerging…
Insights on the Growth of Plastic Granules Market 2018 to 2025 | Profiling Key C …
UpMarketResearch offers a Latest report on “Plastic Granules Market Analysis & Forecast 2018-2025” delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 114 pages which highly exhibits on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability.
Request Sample Copy of This Report@ https://www.upmarketresearch.com/home/requested_sample/49052
Plastic Granules research report delivers a close watch on leading competitors with strategic…
Agriculture Film Market SWOT Analysis of Leading Key Players Shandong Tianhe Pla …
HTF MI recently introduced Global Agriculture Film Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are British Polythene Industries (BPI), Trioplast, Berry Plastics, Armando Alvarez, Polypak, Barbier…
Building Materials Market 218 : Hepworth, National Plastic Industry, Hira Indust …
Building materials in this report covered the PVC pipes and fittings, PPR pipes and fittings, PE pipes and fittings, fabrication, ducts systems for infrastructure, valves and pumps and electrical conduits PVC systems.
At present, Hepworth, National Plastic Industry, Hira Industries, Florance Plastic Industries, Polyfab Plastic Industry, MPI, Union Pipes Industry, ANABEEB, Borouge and ACO Group are the UAE leading suppliers of the building materials, and top ten of them shared about…