Plastic Additives Market Outlook to 2025 Supply-Demand, Industry Research and Forecast Analysis

Global Plastic Additives Market report proposed the industry growth element coupled with the current scenario and projecting future trends based on historical and extensive research. The report offers in-depth study on the market sizing, share, trends and estimation over the forecast period 2018-2025. In addition to this, the report methodically examines 360 degree that boosts the market idea and to analyze the detailed profile of the key players in the market with their market share. Therefore, this report supports to move forward in the industry and prepare the strategic decision.

Plastic additives are organic or inorganic polymers added to the polymeric compound to make them useful and render specific properties. They are added to polymer during reaction process of plastic production. These additives improve the strength to weight ratio, durability, shine, low maintenance, corrosion resistance, cost effectiveness, durability and heat sensitivity of the plastic.

Segmented by plastic types, commodity plastics acquire the major plastic additives market. Flame retardant is the prime application of plastic additives followed by plasticizers. Plastic additives are applicable in sector such as packaging, construction, consumer good, automotive, agriculture, pharmaceuticals, and sports among others. Major application area of plastic additives is packaging sector. By functions, these additives are classified as property extender, property modifiers, processing aid and property stabilizers.

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Asia Pacific is the leading market for plastic additives followed by North America. Increasing population, rising disposable income and rapid urbanization and industrialization are the driver for the growth of plastic additives industry in Asia Pacific market. Key companies included in this market are Evonik Industries AG, Kaneka Corporation, Albemarle Corporation, AkzoNobel N.V., The Dow Chemical Co., Lanxess AG, BASF SE, Bayer AG, Chemtura Corporation, Clariant AG, and Songwon Industrial Co. Ltd., Exxon Mobil Corporation, Zeon Chemicals, Axel Plastics Research Laboratories, Inc. and others.

Segmentations In Report:

1. By Plastic Types:
> Commodity Plastics
> Engineering Plastics
> High Performance Plastics

2. By Applications:
> Plasticizers
> Flame Retardants
> Impact Modifiers
> Antimicrobials / Biostabilisers
> Antioxidants
> UV, Heat and Light Stabilizers
> Others

3. By Applications Areas:
> Packaging
> Construction
> Pharmaceuticals
> Consumer Goods
> Automobile
> Others

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