Press release
Packaging Additives Market Overview by Rising Trends and Demand
Packaging Additives Market
the global market for packaging additives has been envisaged to grow at 4.3% value CAGR over the assessment period of 2018-2026. The main objective of the report to offer key insights and recent developments in the Packaging Additives Market that are estimated to help transform global businesses. An executive summary on several categories of global packaging additives market has been detailed in the initial section of the report.
In the next section, the report includes an overview of drivers, restraints, and latest trends pertaining to the global packaging additives market, and identifies potential growth opportunities for manufacturers of packaging additives. Impact analysis on drivers and trends influencing the growth of packaging additives market is also included in order to provide the report audience with better decision-making insights. For comprehensive understanding of the global packaging additives market, the report offers analysis of the popularity of market segments and an attractive index on the same, which shows the attractiveness of the global packaging additives market on the basis of key parameters such as CAGR and incremental opportunity. Further, to demonstrate packaging additives market performance in each region and respective countries, analysis of BPS and Y-o-Y growth of the market is mentioned in the report.
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Key Players:
• PPG Industries Inc
• Lubrizol Corporation
• Huber Group
• Flint Group
• ColorMatrix Group
• BASF SE
• Arkema
• ALTANA Group
• AkzoNobel N.V.
• Henkel
• Sun Chemical Corporation
• Valspar Corporation
• Wacker Chemie AG
• Evonik
• Songwon Industrial Co. Ltd
• Cytec Solvay Group
• ADEKA Corporation
• Clariant
• Addivant
Leading market participants for packaging additives are concentrating on new product developments and organic and inorganic strategies of expansion, including mergers and acquisitions. International businesses have also launched a number of attempts to persuade consumers to use different packaging additives.
One of the major competitors in the packaging additives market, BASF, committed more than €200 million in new plant building in Shanghai, China, and global packaging additive production network expansion in March 2017. The price of two classes of packaging chemicals, including flame retardants, light stabilisers, antioxidants, and others, was raised by the corporation the following year.
2015 saw the completion of PolyOne's acquisition of the highly specialised company Color Matrix Group, Inc., which uses cutting-edge additive technology and occupies a significant market share for liquid colour concentrates and additives.
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Research Methodology
To calculate the market size of packaging additives based on both value and volume, revenue generated by the leading manufacturers and their respective production capacity are considered. The forecast presented in the report analyses the overall value generated across various segments of global packaging additives market. To offer an accurate forecast, the study on global packaging additives market is initiated by sizing the current market which helps predict the future development of global packaging additives market. Further, for understanding market predictability and identifying the lucrative opportunities across it, analysis of the global packaging additives market based on parameters such as y-o-y growth rates are taken into consideration.
Individual segment of the global packaging additives market is assessed by basis point share (BPS) to predict their relative contribution to the market growth. Another important feature considered in the study is the analysis of global packaging additives market segments on the basis of absolute dollar opportunity.
The study also develops an attractiveness index for better understanding of key market segments on the basis of growth and adoption of packaging additives across different regions, which further help suppliers identify real opportunities present in the global packaging additives market.
In the final section, the report offers a dashboard view of leading companies operating in the manufacturing of packaging additives for comparing the current industrial environment and their relative contribution to the overall growth of global packaging additives market. The report is primarily developed to provide its audience with an objective and comparative analyses of leading providers particular to each market segment. Readers can further gain detailed insights on segment-specific suppliers that help identify and evaluate key competitors based on their capabilities and success in the overall market of packaging additives.
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Table of Content
• Global Economic Outlook
• Global Packaging Additives Market Overview
• Global Packaging Additives Market Taxonom
• Global Packaging Additives Market Definition
• Global Packaging Additives Market Size (US$ Mn) and Forecast, 2013-2027
• Global Packaging Additives Market Y-o-Y Growth
• Global Packaging Additives Market Dynamics
Read More Trending "PMR Exclusive Article": https://www.globenewswire.com/en/news-release/2022/05/05/2436982/0/en/Bioplastics-Packaging-Market-is-predicted-to-increase-2-4X-by-the-end-of-the-decade.html
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