Plastic Additives Market Outlook 2022- Latest Development, Trends and Statistics

Learning Objectives:
• To provide insights about factors affecting the market growth
• To analyze the Plastic Additives market based on various factors- price analysis, supply chain analysis, porters five force analysis etc.
• To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia-Pacific, and RoW.
• To provide country level analysis of the market with respect to the current market size and future prospective
• To provide country level analysis of the market for segments by product types, applications and regions
• To provide overview of key players and their strategic profiling in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
• To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the global market.

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Market Overview
The global plastic additives market has seen a remarkable growth over the past decade and as per the analysis, the global market will retain this growth status during the forecast period. The global plastic additives market is expected to reach more than USD 55 billion by 2022 with a CAGR of more than 5.5%. Additives in plastic increase it’s the strength, reliability and other physical properties. Plastic is one of most used material in several application ranging from packaging, automotive, wire and cable, consumer goods, construction and so on. The global plastic additives market is mainly driven by the increasing demand of plastic and growing application segment across the globe. Additionally, the emerging economies of APAC region, rising per capita income and increasing urbanization has also become the growing factors. Geographically, Asia-Pacific is one of the leading regions by covering around 35% of the total market in terms of value. Followed by this North America ranked second and Europe on third respectively.

Market Segments
Global Plastic Additives Market can be segmented by application and product:
• Segmentation by Application: Packaging, Automotive, Wire and Cable, Consumer Goods
• Segmentation by Product: Antioxidants, Fire retardants, Plasticizers, Lubricants, UV Stabilizers

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Key Players :
Some of the key players in this market are:
• Clariant
• Bayer AG
• BASF SE
• Dow Chemical
• DuPont
• Evonik Industries
• ExxonMobil
• Mitsui Chemical
• SABIC
• Chemtura Corporation

Target Audience
• Manufactures of end-use industry
• Raw material Suppliers
• Aftermarket suppliers
• Research Institute / Education Institute
• Potential Investors
• Key executive (CEO and COO) and strategy growth manager.

About Market Research Future:
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Akash Anand,
Market Research Future
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This release was published on openPR.