Antioxidant for Polymer Materials market was valued at US$ 4372.3 million in 2022 and is anticipated to reach US$ 7305.4 million by 2029, witnessing a CAGR of 7.1% - valuates reports

The global Antioxidant for Polymer Materials market was valued at US$ 4372.3 million in 2022 and is anticipated to reach US$ 7305.4 million by 2029, witnessing a CAGR of 7.1% during the forecast period 2023-2029.

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Antioxidants for polymer materials refer to chemical substances that can inhibit or delay the oxidative degradation of polymer materials by oxygen or ozone in the atmosphere, thereby preventing material aging and prolonging service life. Antioxidants can be divided into main antioxidants and auxiliary antioxidants. Among them, main antioxidants can eliminate free radicals in the resin system, mainly aromatic amines and hindered phenolic compounds and their derivatives; auxiliary antioxidants can eliminate free radicals in the resin system. The hydroperoxides in the resin system are decomposed in time, mainly the organic compounds containing phosphorus and sulfur.
The Antioxidant for Polymer Materials industry can be broken down into several segments, Amines, Hindered Phenols, Phosphites, Thioesters, etc.
Across the world, the major players cover BASF, SONGWON, SI Group, ADEKA, Rianlon, Clariant, Solvay, Jiyi Group, Linyi Sanfong, etc.
The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global key players of antioxidant for polymer materials include BASF, SONGWON, SI Group, etc. Asia-Pacific is the largest producer of antioxidant for polymer materials, holds a share about 50%, followed by Europe, and North America. In terms of product, amines is the largest segment, with a share over 50%. And in terms of application, the largest segment is rubber, with a share over 40%.

This report aims to provide a comprehensive presentation of the global market for Antioxidant for Polymer Materials, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Antioxidant for Polymer Materials.
The Antioxidant for Polymer Materials market size, estimations, and forecasts are provided in terms of output/shipments (K MT) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Antioxidant for Polymer Materials market comprehensively. Regional market sizes, concerning products by type, by application and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Antioxidant for Polymer Materials manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.

Segment by Type
Amines
Hindered Phenols
Phosphites
Thioesters
Others

Segment by Application
Rubber
Plastics
Coating
Others

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