Plastic Additives Market: A Look at the Industry's Growth and Future Prospects

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Rapid urbanization has led to a significant boom in the building and construction industry and this is a key factor driving revenue growth of the global plastic additives market

The global plastic additives market size reached USD 39.69 Billion in 2021 and register a revenue CAGR of 5.1% over the forecast period, according to the latest analysis by Emergen Research. Rapid urbanization has resulted in rapid growth of the building and construction industry in a number of developing countries, which is expected to continue to drive demand for plastic additives. Plastic additives enhance the performance and durability of polymers in a variety of building applications. Additives are used in paints and coatings to improve the performance of the coating film. In addition, rising demand for flame retardant additives used mostly in the interiors of buildings is further expected to drive revenue growth of the market going ahead.

Emergen Research latest market report, titled ‘Global Plastic additives Market’, is an all-inclusive study of the global Plastic additives industry that accurately forecasts the current and future trends of this business sphere. The research report provides the reader with an in-depth interpretation of the Plastic additives market dynamics and the crucial drivers, opportunities, threats, and challenges expected to impact the potential market development. The report defines the key business strategies, demand and supply ratios, leading regions, and the renowned market players. Besides offering a futuristic outlook of the Plastic additives industry, the latest study focuses on the leading products and services offered by this market. It also emphasizes the revenue share, pricing structure, sales distribution, and production and the estimated growth rates of each market segment.

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 The leading market contenders listed in the report are:

BASF SE, Clariant AG, The Dow Chemical Company, Albemarle Corporation, Songwon Industrial Co., Ltd., ExxonMobil Chemical, DuPont de Nemours, Inc., Nouryon, Lanxess AG, Evonik Industries AG, and Kaneka Corporation

Key reasons to buy the Global Plastic Additives Market report:

  1. The latest report comprehensively studies the global Plastic Additives market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
  2. The report offers an insightful analysis of the regional outlook of the market.
  3. It offers a detailed account of the end-use applications of the products services offered by this industry.
  4. The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.

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 Market Segmentations of the Plastic Additives Market

  • Type Outlook (Revenue, USD Billion, Volume, Kilotons, 2019–2030)

    • Plasticizers
    • Stabilizers
      1. UV Stabilizers
      2. Antioxidants
    • Flame Retardant
    • Blowing Agents
    • Nucleating Agents
    • Others
  • Plastic Type Outlook (Revenue, USD Billion, Volume, Kilotons, 2019–2030)

    • Commodity Plastics
      1. Polyethylene (PE)
      2. Polypropylene (PP)
      3. Polystyrene (PS)
      4. Polyphenylene Ethers (PPE)
    • Engineering Plastics
    • High-Performance Plastics (HPA)
  • Application Outlook (Revenue, USD Billion, Volume, Kilotons, 2019–2030)

    • Packaging
    • Consumer Goods
    • Construction
    • Automotive
    • Others

 

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 Regional Outlook of the Plastic Additives Market

The global Plastic Additives market has been categorized into several important geographical regions, including North America, Europe, Asia Pacific, Latin America, and Middle East Africa. In this section, authors of the report have studied the presence of the global Plastic Additives market across major geographies. Moreover, the estimated market share, market size, revenue contribution, sales network and distribution channel, and other crucial elements of each regional segment have been detailed in the report.

Key reasons to buy the Global Plastic Additives Market report:

  1. The latest report comprehensively studies the global Plastic Additives market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
  2. The report offers an insightful analysis of the regional outlook of the market.
  3. It offers a detailed account of the end-use applications of the products services offered by this industry.
  4. The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.

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