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Global Performance Additives Market Growth 8.5% by 2024- Industry Analysis, Size, Share, Opportunities, Key Vendors, Drivers and Forecast

Global Performance Additives Market

Global Performance Additives Market

Global Performance Additives Market accounted for USD 75.32 billion in 2016 and is projected to grow at a CAGR of 8.5% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

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Market Definition: Global Performance Additives Market

Performance additives are the various chemicals that are added to the modern-day automotive gasoline and other propelling fuels to stabilize and elevate their octane level, decrease the propensity of pre-ignition, and allow for more power to be made from increased compression and advanced ignition timing. Growing demand for these chemicals from automobile and construction industries are likely to play a major role in their market growth.

Major Market Drivers:
• Growing population and rapid urbanization
• High demand from end-user industries
• Development of multipurpose additives
Market Restraint:
• Volatile raw material prices
• Stringent environmental regulations regarding additives

Market Segmentation: Global Solvent Market

The performance additives market is segmented on the basis of type into plastic additives, paint & coatings additives, pigment additives and ink additives.

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On the basis of end-use, the market is segmented into packaging, household goods, automotive, industrial and construction.

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On the basis of geography, the performance additives market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.

Major Market Competitors: Global Solvent Market

Major Market Players in the Market:

• Akzo Nobel N.V.
• Altana
• Arkema SA
• BASF SE
• Clariant
• Cytec Solvay
• Evonik Industries AG
• Huntsman International LLC
• Lanxess AG
• The DOW Chemical Company

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Other Report

Global Battery Recycling Market – Industry Trends and Forecast to 2024

Global Battery Recycling Market, By Chemistry (Lead Acid, Lithium-Based, Nickel-Based) By Source (Automotive, Industrial, Consumer & Electronic Appliance) By End-use (Extraction of Material, Repackaging, Reuse, and Second Life, Disposal) – Industry Trends and Forecast to 2024

Report Access: http://databridgemarketresearch.com/reports/global-battery-recycling-market/

About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

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Data Bridge Market Research
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