Plastic Additives Market 2022 Share, Size, Growth, Trends and Forecast 2027


According to the latest report by IMARC Group, titled “Plastic Additives Market: Global Industry Trends, Size, Share, Growth, Opportunity and Forecast 2022-2027,” The global plastic additives market reached a value of US$ 47.2 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 66.1 Billion by 2027, exhibiting a CAGR of 5.7% during 2022-2027.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

A plastic additive represents a chemical compound that is added to polymers for improving the physical and chemical properties of plastic products. It acts as a filler or catalyst to enhance the strength-to-weight ratio, luster, durability, corrosion resistance, heat sensitivity, etc. Some of the commonly available plastic additives include modifiers, property extenders, stabilizers, processing aids, etc. They are used for commodity, engineering, and high-performance plastics. In line with this, these additives find extensive applications in several industries, such as construction, packaging, automotive, manufacturing, etc.

Ask Analyst and Browse Full Report with TOC & List of Figure: https://www.imarcgroup.com/plastic-additives-market

Market Trends

The widespread product adoption in the replacement of conventional materials, such as glass, paper, ceramic, metal, etc., used in the production of consumer goods, various textiles, agricultural and medical items, etc., is primarily driving the plastic additives market. Additionally, the growing utilization of polyethylene terephthalate (PET), polyvinyl chloride (PVC), low-density polyethylene (LDPE), and high-density polyethylene (HDPE) that are often treated with plastic additives to extend their operational life, appearance, mechanical properties, etc., is further catalyzing the market growth. Besides this, the escalating demand for disposable and reusable plastic products across the medical industry is acting as another significant growth-inducing factor. Moreover, the increasing industrial output is also positively influencing the global market. Apart from this, the introduction of 3D printing technologies is anticipated to fuel the plastic additives market over the forecasted period.

Request Free Sample Report:
https://www.imarcgroup.com/plastic-additives-market/requestsample

List of Key Companies Covered in this Market Report:

  •  Akzonobel NV
  • Albemarle Corporation
  • BASF
  • Clariant AG
  • DowDuPont
  • Evonik Industries AG
  • Kaneka Corporation
  • Lanxess AG
  • Songwon Industrial Co. Ltd

Breakup by Additive Type:

  • Plasticizers
  • Stabilizers
  • Flame Retardants
  • Impact Modifiers
  • Others

Breakup by Plastic Type:

  • Commodity Plastic
  • Engineering Plastic
  • High Performance Plastic

Breakup by Application:

  • Packaging
  • Automotive
  • Consumer Goods
  • Construction
  • Others

Breakup by Function: 

  • Property Modifiers
  • Property Stabilizers
  • Property Extenders
  • Processing Aids

Breakup by Geography:

  • North America (U.S. & Canada)
  • Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
  • Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
  • Latin America (Brazil, Mexico)
  • Middle East & Africa

Key highlights of the report:

  • Market Performance (2016-2021)
  • Market Outlook (2022- 2027)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact US

IMARC Group
30 N Gould St Ste R
Sheridan, WY 82801 USA – Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800 Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
Follow us on Twitter: https://twitter.com/ImarcServices


Like it? Share with your friends!

What's Your Reaction?

hate hate
0
hate
confused confused
0
confused
fail fail
0
fail
fun fun
0
fun
geeky geeky
0
geeky
love love
0
love
lol lol
0
lol
omg omg
0
omg
win win
0
win
Alex James

0 Comments

Your email address will not be published.