This research explores the Global Plastic Additives Market Size and covers many market-related topics, including market size, status, trends, and forecasts. It also gives a quick overview of the industry's competitors and important market drivers. The report contains a comprehensive analysis of the global Plastic Additives market Share, split by companies, regions, types, and applications.
Plastic Additives Market Outlook by 2029, Key dynamics, Key Trends, Key Opportunities, and Competitive Landscape.
The market for Plastic Additives Market size was valued at USD 49.46 Bn. in 2021 and the total Market revenue is expected to grow by 4.8% from 2022 to 2029, reaching nearly 71.97 Bn. A report on the Plastic Additives industry has been created by Maximize Market Research (MMR), a provider of Engineering Equipment data and statistics for both regional and global markets. The reports cover the business environment, local market statistics, and forecasts through 2029.
Plastic Additives Market Overview:
The "Global Plastic Additives Market Analysis" is an in-depth look at the Plastic Additives market Growth, with a focus on global market trends and analysis. This study seeks to provide an overview of the Plastic Additives industry as well as detailed market segmentation by segment and geography. The Plastic Additives market Share is expected to expand rapidly over the forecast period. The research contains critical information on the market positions of the top Plastic Additives firms, as well as significant industry trends and opportunities.
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COVID-19 Impact:
The COVID-19 has an impact on the market as a whole, and as the impact of the COVID-19 spreads in 2019–2020, the rate of growth has also been affected. In order to give decision-makers trustworthy information and experiences, the COVID-19 crisis is requiring businesses and organisations to manage risk and digitise operations. This is in line with the most recent research, viewpoints, and views from MMR on the management issues that affect the market that matter most to businesses and organisations.
Plastic Additives Market Key players:
• Lanxess AG (Germany)
• Biesterfield Plastic GmbH(Germany)
• LANXESS AG (Germany)
• Evonik Industries AG(Germany)
• BASF SE (Germany)
• Clariant AG (Switzerland)
• Albemarle Corporation (US)
• DuPont(US)
• ExxonMobil Chemical(US)
• The Dow Chemical Company (US)
• Nouryon(US)
• Songwon Industrial Co. Ltd. (South Korea)
• Kaneka Corporation (Japan)
• Mitsui Chemical (Japan)
• SABIC(Saudi Arabia)
• LG Chem Ltd.(South Korea)
• Grupa Azoty S.A.(Poland)
Key company and market share insights:
The top competitors are described for the readers in this section. This research examines the key strategic actions these players employ to keep control, including product portfolio strengthening, M&A, alliances, new innovative products, and geographic coverage. The report also provides vital financial data and current happenings in addition to company objectives. Further information regarding the manufacturers' global sales, pricing, and profits from 2017 through 2022 is also available to readers.
Plastic Additives Market Segment:
Plasticizers, stabilisers, flame retardants, and impact modifiers are the different market segments for plastic additives. Plasticizers are anticipated to maintain their dominance in the global plastic additives market, both in terms of value and volume, due to the large use of plasticizers in high-volume flexible PVC products. In order to prevent polymeric materials from deteriorating in the presence of heat, ultraviolet (UV) light, and oxidation during the course of the product's lifecycle, stabilisers, which are high-value, low-volume chemicals, are routinely added.
Regional Analysis:
North America (United States, Canada and Mexico), Europe (UK, Germany, France, Italy, Russia, Sweden, etc.), Asia-Pacific (China, Japan, South Korea, India, Australia, ASEAN, and Rest of APAC), South America (Brazil, Argentina, etc.), and Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) are the five significant geographic regions of the Plastic Additives market size.
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- The report provides information on each item fragment's industry share as well as its fair market value.
- To create a comprehensive landscape and identify significant market players, we offer statistic data, strategic knowledge, and analytical tool findings. The business's efficiency will rise as a result.
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UpMarketResearch offers a latest published report on “Global Plastic Additives Market Industry Analysis and Forecast 2018-2023” delivering key insights and providing a competitive advantage to clients through a detailed report.
It presents a comparative detailed analysis of all the regional and major player segments, offering readers a better knowledge of areas in which they can place their existing resources and gauging the priority of a particular region in order to boost their standing in the global market.
The numerical data is backed up by statistical tools such as SWOT analysis, BCG matrix, SCOT analysis, PESTLE analysis and so on.
The statistics are represented in graphical format for a clear understanding on facts and figures.
The generated report is firmly based on primary research, interviews with top executives, news sources and information insiders.
Region-wise Analysis Global Plastic Additives Market covers: • North America• Europe• China• Japan• Southeast Asia• India The Report covers in-depth analysis as follows: • Chapter 1 Plastic Additives Market Overview• Chapter 2 Global Economic Impact on Plastic Additives Industry• Chapter 3 Global Plastic Additives Market Competition by Manufacturers• Chapter 4 Global Plastic Additives Production, Revenue (Value) by Region (2013-2018)• Chapter 5 Global Plastic Additives Supply (Production), Consumption, Export, Import by Regions (2013-2018)• Chapter 6 Global Plastic Additives Production, Revenue (Value), Price Trend by Type• Chapter 7 Global Plastic Additives Market Analysis by Application• Chapter 8 Global Plastic Additives Manufacturers Analysis• Chapter 9 Plastic Additives Manufacturing Cost Analysis• Chapter 10 Industrial Chain, Sourcing Strategy and Downstream Buyers• Chapter 11 Marketing Strategy Analysis, Distributors/Traders• Chapter 12 Market Effect Factors Analysis• Chapter 13 Global Plastic Additives Market Forecast (2018-2023) Buy this report@ https://www.upmarketresearch.com/buy/Global-Plastic-Additives-Industry-Market-Analysis-Forecast-2018-2023“Global Plastic Additives Market Industry Analysis and Forecast 2018-2023” report helps the clients to take business decisions and to understand strategies of major players in the industry.
The global plastic additives market size is projected to reach USD 74.61 billion by 2027, exhibiting a CAGR of 6.2% during the forecast period.
Escalating demand for personal protective equipment (PPE) amid the COVID-19 pandemic is expected to propel the growth of this market, states Fortune Business Insights™ in its report, titled “Plastic Additives Market Size, Share & Industry Analysis, By Type (Plasticizers, Flame Retardants, Stabilizers, Impact Modifiers, Others), By End-Use (Packaging, Construction, Automotive, Consumer Goods, Others), and Regional Forecast, 2020-2027”.
In March 2020, the World Health Organization (WHO) estimated that 89 million medical masks, 76 million disposable gloves, and 1.6 million goggles will be required each month to fight the pandemic.
Plastic additives are playing a critical role in the manufacturing of PPE for frontline healthcare workers as these materials are easy to produce, are resistant to chemicals and toxic substances, and effectively prevent the transmission of the infection between health workers and patients.
The soaring demand for this equipment has triggered innovation not only in large companies but also among small, emerging players.
For example, in April 2020, the team researchers from India’s IIT Kanpur and industry partners designed the Polyethylene-based Improvised Protective Equipment under Scarcity (PIPES) made from the non-porous polyethylene material.
