Antioxidant for Polymer Materials Market Revenue, Insights, Overview, Outlook, Analysis | Valuates Reports

Antioxidant for Polymer Materials Market

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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Antioxidant for Polymer Materials Market

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%.

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By Type
• Amines
• Hindered Phenols
• Phosphites
• Thioesters

By Application
• Rubber
• Plastics
• Coating

Key Players
BASF, SI Group, SONGWON, ADEKA, Solvay, Sumitomo Chemical, 3V Sigma, Dover Chemical, Rianlon, Clariant, Jiyi Group, Linyi Sanfong, Suqian Unitech, Everlight Chemical, Yingkou Fengguang, Shanghai Xinier, Everspring Chemical, Mayzo, SIN HUN CHEMICAL, Tiangang Auxiliary

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