Global Plastic Additives market is expected to reach $58.31 billion by 2022 growing at a CAGR of 6.1%

Global Plastic Additives market is estimated at $38.3 billion in 2015 and is expected to reach $58.31 billion by 2022 growing at a CAGR of 6.1% during the forecast period 2015 to 2022. The market is majorly driven by factors such as growing consumption of plastics driven by the rising applications and increasing disposable earnings of the people from emerging economies. The affluent packaging application in emerging countries and increasing usage of additives in medical and agricultural applications are anticipated to provide more opportunities for this market. However, unpredictable prices of raw materials and economic crisis are some of the major reasons which are hindering the plastic additives market.

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The Asia-Pacific region remains the largest market due to large consumer coverage, and rapid urbanization in China and India. China is anticipated to be the top consumer growing at a highest CAGR. In the U.S., manufacturing of toys and other children's product by phthalates is banned under the regulation of Consumer Products Safety Improvement Act (CPSIA). Packaging tends to be the most promising application area followed by automotive segment driven by the new packaging technologies such as antioxidant, antimicrobial, heat and Ultraviolet resistant’s over the past few years. Flame retardants segment is estimated to have the highest growth rate owing to growing demand from the consumer goods especially in Asia Pacific.

The key players in the Plastic Additives market include Zeon Chemicals L.P, The DOW Chemical Company, Songwon Industrial Co. Ltd, Sakai Chemical Industry Co., Ltd., Sabo S.P.A., PolyOne Corporation, Polymers Compounding Co Ltd, Plastics United Group, Milliken & Company, Lanxess AG, Kaneka Corporation , Grafe Advanced Polymers GmbH, Evonik Industries AG, Emerald Performance Materials, Eastman Chemical Company, DuPont, Clariant AG, Chemtura Corporation, Blackwell Plastics, Bayer AG, BASF SE, Baerlocher Group, Axel Plastics Research Laboratories, Inc, Albemarle Corporation, Akzonobel N.V. and Adeka Corporation.

Products Covered:
Antimicrobials / Biostabilisers
Antioxidants
Flame Retardants
Phosphorus
Nitrogen
Brominated
Aluminum Trihydroxide (ATH)
Other Flame Retardants
Impact Modifiers
Plasticizers
Non-Phthalates
Phthalates
Ultraviolet Stabilizers
Light Stabilizers
Antioxidants
Heat Stabilizers
Other Plastic Additives
Fillers
Antistatic Agents
Nucleating Agents
Blowing Agent
Anti-Microbial

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Plastics Covered:
High Performance Plastic
Polyimide (PI)
Polyether Ether Ketone (PEEK)
Polytetrafluoroethylene (PTFE)
Commodity Plastics
Polyphenylene Ethers (PPE)
Polyethylene (PE)
Polystyrene (PS)
Engineering Plastics
Polybutylene Terephthalate (PBT)
Polyamides (PA)
Polycarbonate (PC)
Polyethylene Terephthalate (PET)

Applications Covered:
Automotive
Construction
Consumer Goods
Pharmaceuticals
Packaging
Wire and Cable
Other Applications

Functions Covered:
Processing Aids
Property Stabilizers
Property Modifiers
Property Extenders

Regions Covered:
North America
US
Canada
Mexico
Europe
Germany
France
Italy
UK
Spain
Rest of Europe
Asia Pacific
Japan
China
India
Australia
New Zealand
Rest of Asia Pacific
Rest of the World
Middle East
Brazil
Argentina
South Africa
Egypt

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