openPR Logo
Press release

Plastic Additives Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2016–2024

05-19-2017 02:57 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Plastic Additives Market

Plastic Additives Market - Global Industry Insights, Trends,

Plastics additives are chemicals which are used to polymerize, process or to achieve desired properties in end use of plastics. They may be all chemical used in plastic industry except monomer, polymer, co-polymer or physical mixture of two polymeric components. Plastic additives offer various characteristics such as improved chemical and water resistance, improved scratch resistance, reduced coefficient of friction, enhancement of gloss, Improved water repellency, suppression of shark-skin and lowered surface roughness.

Plastic additives are used to improve ease of processing of plastics by increasing the flow ability. Internal lubricants help to improve the melt flow of material by dropping the heat dissipation and viscosity. Plastic additives prevent the deterioration of plastic materials where the material is susceptible to microbiological attack. Such attacks can result in staining, odor, discoloration and loss of aesthetics but most important effect is on the electrical insulating properties and mechanical properties.

To know more about the key players in this market, get in Touch With us for a FREE sample of this report: https://www.coherentmarketinsights.com/insight/request-sample/292

Plastic Additives Market Taxonomy

On the basis of product type, the global market is classified into:

Impact Modifiers
Antioxidants
Antimicrobials
Plasticizers
Flame Retardants
UV Stabilizers

On the basis of function, the global market is classified into:

Property Modifiers
Property Extenders
Property Stabilizers
Processing Aids

On the basis of application, the global market is classified into:

Packaging
Automobile
Construction
Consumer goods

Owing to properties such as improved impact strength, improved coupling, higher elongation, reduced brittleness and higher plasticity plastic additives are widely used in automobile and construction industry. In automotive industry plastic additives have gained increased acceptance in applications such as interior scratch resistant applications in trims or panels, in high glossy panels for the decoration of middle consoles. The use of plastic additives has increased rapidly in the consumer goods industry to its ease of recycling. Extend the lifetime of UV sensitive construction applications. In construction industry plastic additives are used to maintain appearance and properties, thermal protection, long-term durability and for maintenance of integrity of polymer properties during processing.

Plastic Additives Market Outlook – Increasing Demand for Recyclable Materials to be the Major Market Driver

Asia Pacific and North America are expected to be the most potential markets for plastic additives manufacturers. Asia Pacific is projected to witness relatively high growth in terms of value over the forecast period. This is mainly attributed to the anticipated growth in various end use industries such as automotive and construction, especially in developing countries such as China and India. According to IBEF, US$ 300 billion will be generated by the Indian automotive industry by 2026. India Brand Equity Foundation (IBEF) is a Trust established by the Ministry of Commerce and Industry, Department of Commerce in collaboration with the Government of India with the purpose of promoting and creating international awareness of goods manufactured in India. On the other hand, Europe also provides lucrative opportunities for plastic additives manufacturers due to increasing plastic material from automobile, consumer goods, and construction industries among others.

Reusable applications of plastic additives are fueling the demand for plastic additives, especially in Asia Pacific and Middle East regions. Stringent rules and regulations on the use of plastic products is expected to be one of the restraining factors for the growth of plastic additives market over the forecast period. U.S. Food and Drug Administration (FDA) has implied safety concerns with the use of recycled plastic materials in food-contact for contaminants occurring from the post-consumer material in the final food-contact product made from the recycled material. Developing plastic additives adhering to environmental concerns is a key strategy adopted by the major players. Some of the major companies operating in the global plastic additives market include BASF SE, Songwon Industrial Co. Ltd., Clariant AG, Albemarle Corporation and The Dow Chemical Company.

About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

Contact Us:

Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
Visit Coherent Market Insights Blog @ https://blog.coherentmarketinsights.com/
Connect with us on LinkedIn @ https://www.linkedin.com/company/coherent-market-insights

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 - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2016–2024 here

News-ID: 543838 • Views: 155

More Releases from Plastic Additives Market

Plastic Additives Market Perspective by Comprehensive Analysis Growth Prediction …
Asia Pacific and North America are expected to be the most potential markets for plastic additives manufacturers. Asia Pacific is projected to witness relatively high growth in terms of value over the forecast period. This is mainly attributed to the anticipated growth in various end-use industries such as automotive and construction, especially in developing countries such as China and India. According to IBEF, US$ 300 billion is projected to be
Plastic Additives Market Industry Insights and Forecast 2025
Asia Pacific and North America are expected to be the most potential markets for plastic additives manufacturers. Asia Pacific is projected to witness relatively high growth in terms of value over the forecast period. This is mainly attributed to the anticipated growth in various end-use industries such as automotive and construction, especially in developing countries such as China and India. According to IBEF, US$ 300 billion is projected to be
Plastic Additives Market Growth and Research Analysis 2025
Plastic additives are also used to improve the ease of processing of plastic, by increasing its flow ability. Internal lubricants help to improve the melt flow of material by dropping the heat dissipation and viscosity. Plastic additives prevent the risk of microbiological deterioration of plastic materials that are prone to staining, odor, discoloration, and aesthetic loss. Plastic additives are most importantly effective on materials with electrical insulating properties and mechanical
Plastic Additives Market : Market Demand, Market Growth, Industry Challenges and …
Researchmoz added Most up-to-date research on "Global Plastic Additives Market Research Report 2018" to its huge collection of research reports. In this report, the global Plastic Additives market is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2025, growing at a CAGR of XX% between 2017 and 2025. Geographically, this report is segmented into several key Regions, with production, consumption, revenue

All 5 Releases


More Releases for India

Medical Tour India | Affordable Treatment In India
We at MedCredible look after the well being of the patients seeking treatment in India. Our support staff support is well trained in handling various situations arising due to cross border differences. All the patients can avail of high-quality treatment at an extremely affordable cost in a compassionate environment combined with ethical practices. With options of over 100 + Hospitals and Institutions, we at Medcredible ensure that we connect the
01-17-2011 | Health & Medicine
KJIVF
IVF India, Test Tube baby India
The aim of setting up KJIVF is to help infertile couples in achieving conception through modern diagnostic and treatment methods. KJIVF Centre has given the best results by blessing infertile couples of advanced age with children, these couples could never dream of becoming parents. Thousands of babies are conceived through in-vitro fertilization (IVF) each year; In-Vitro Fertilization (IVF) means fertilization outside the body. A baby developed from an egg that
Beach Holiday India- Best Beaches in India
The natural beauty, exotic locations and rich heritage has helped India to stand as the most visited and most popular tourist spot in the world. The status of “Incredible India”, is defined by an incredible range of nature’s blessings on the Indian subcontinent and this incredibility is doubled by one of the most fabulous tourism option available in the country that are the brilliant and majestic beaches in India.
ISO 27001 India, 27001 training India ISO
Coral eSecure is information Risk Management advisory with specific focus on Information Security (ISO 27001, ISO 17799, PCI, COBIT, HIPAA, GLBA, and DPA), Business Continuity (BS25999) and ITIL/ IT Service Management (ISO 20000). Coral is the FIRST Indian consulting organization which provides an Integrated Management System Consulting, Consisting of ISO 27001, ISO 20000 and BS25999 – ALL THREE IN ONE! Coral provides Consulting, Assurance audit and Training to address these
Interior Designers India, Designers and Architects India
Today, we have recognized ourselves as a booming beauty interior designing firm, offering services that include interior designing. We are a winning firm, which is based on the strong foundation of innovative and original ideas for interior, architectural and landscaping designing services. Synergy Corporate Interior Design Association has more corporate members. Who provide Products and services. We support Interior Designers India, Designers and Architects India. We are committed to the
Domain Registration India, Web Hosting India, Payment Gateway India
Indiainternet.in is a Quality Web Hosting Company India, provide all web related support and Web hosting services like linux web hosting, windows web hosting, web hosting packages, domain registration in india, Corporate email solution, business email hosting, payment gateway integration, SSL with supports like free php, cgi, asp, free msaccess, free cdonts, free webmail, web based control panel, unlimited ftp access, unlimited data transfer. During the domain registration process, you will