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.
The report is updated with the latest economic scenario and market scope with regard to the ongoing COVID-19 pandemic. The report covers growth prospects as well as current and futuristic revenue estimations in a post COVID scenario. The report also covers changing trends and market dynamics due to the pandemic and provides an accurate impact analysis of the crisis on the overall market. The pandemic has changed the economic scenario of the world and has affected several sectors of the market. The report estimates the market for Plastic Additives according to the impact of COVID-19.
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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:
- 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.
- The report offers an insightful analysis of the regional outlook of the market.
- It offers a detailed account of the end-use applications of the products services offered by this industry.
- 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
- UV Stabilizers
- Antioxidants
- Flame Retardant
- Blowing Agents
- Nucleating Agents
- Others
Plastic Type Outlook (Revenue, USD Billion, Volume, Kilotons, 2019–2030)
- Commodity Plastics
- Polyethylene (PE)
- Polypropylene (PP)
- Polystyrene (PS)
- Polyphenylene Ethers (PPE)
- Engineering Plastics
- High-Performance Plastics (HPA)
- Commodity Plastics
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:
- 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.
- The report offers an insightful analysis of the regional outlook of the market.
- It offers a detailed account of the end-use applications of the products services offered by this industry.
- 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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