Market Overview:
The global antioxidant and stabilizer agent market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for antioxidants and stabilizers from various end-use industries, such as packaging, automotive, construction, and others. In addition, the growing awareness about the benefits of using antioxidants and stabilizers is also contributing to the growth of this market. Based on type, the global antioxidant and stabilizer agent market can be segmented into antioxidants and stabilizers. The antioxidants segment is projected to grow at a higher CAGR than that of the stabilizers segment during the forecast period from 2018 to 2030. This growth can be attributed to rising demand for antioxidants from various end-use industries owing to their properties such as anti-aging effects, prevention of cancerous cells formation, etc.
Product Definition:
An antioxidant is a molecule that inhibits the oxidation of other molecules. Oxidation is a chemical reaction in which a molecule loses electrons, and often results in the formation of free radicals. Free radicals are highly reactive molecules that can damage DNA, proteins, and other cellular components. Stabilizer agents are chemicals that are added to foods to prevent them from deteriorating over time. They work by binding to or reacting with the food components that are responsible for flavor changes, browning reactions, and the formation of harmful compounds.
Antioxidant:
Antioxidant is a substance that inhibits oxidation of other compounds. Oxidation is the chemical reaction where oxygen reacts with another compound. The most common antioxidants used in food and beverage are ascorbic acid (Vitamin C), cysteine, glutathione, and carotenoids. Ascorbic acid has the ability to prevent damage to cells by limiting the production of free radicals; it does this by acting as an electron donor for antioxidant enzymes.
Stabilizer:
Stabilizer and antioxidant are two different components in the formulation of cosmetics, drugs, food supplements and other industrial products. Stabilizers are used to prevent change in properties during storage or transportation. Antioxidants are used to reduce or eliminate oxidation of lipids, proteins & other compounds which can cause damage to skin & eyes if it is not controlled.
Application Insights:
The packaging industry emerged as the largest application segment in 2017 and is expected to continue its dominance over the forecast period. The antioxidant agents are used in various types of packaging materials, including paper, plastics, metals and textiles. The demand for antioxidants is significantly increasing in this sector owing to growing consumer preference for sustainable products coupled with a rise in demand for recycled papers.
Antioxidants are also widely used by manufacturers of food & beverage containers along with other stabilizers such as UV absorbers and antistatic agents on account of their superior performance characteristics when compared to conventional raw materials. Furthermore, they help prevent oxidation reactions that lead to degradation or discoloration of container surfaces which result into an aesthetic appeal as well as improve the shelf life stability of packaged foods & beverages thereby driving growth across several industries worldwide.
The automotive industry was another key application segment where consumers have started demanding vehicles equipped with environment-friendly technologies such as bio-based polymers and renewable energy sources including solar panels.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is anticipated to continue its dominance over the forecast period. The region accounts for a major share of global population and has been witnessing rapid urbanization, which has led to an increase in construction activities. This, in turn, is expected to drive demand from end-use industries such as building & construction and automotive.
Europe emerged as the second-largest regional market for antioxidants and stabilizers owing to stringent regulations on packaging by various regulatory bodies such as REACH that have forced manufacturers based outside Europe to comply with these regulations or face severe consequences. These factors are projected to result in increased demand from end-use sectors over the forecast period.
The U.S., Germany, France were among top 10 countries with highest per capita spending on food & beverage consumption globally (USD X).
Growth Factors:
- Increasing demand for antioxidant and stabilizer agent in food and beverage industry as a preservative to improve the shelf life of products.
- Rising awareness about the benefits of antioxidants and stabilizer agents among consumers, which is driving their demand for these products in personal care and pharmaceuticals industries.
- Growing use of antioxidant and stabilizer agents in nutraceuticals industry as a dietary supplement to prevent diseases caused due to oxidative stress.
- Technological advancements that are helping manufacturers develop novel antioxidant and stabilizer agents with better efficacy, which is propelling the market growth globally.
Scope Of The Report
Report Attributes
Report Details
Report Title
Antioxidant and Stabilizer Agent Market Research Report
By Type
Antioxidant, Stabilizer
By Application
Packaging Industry, Automotive Industry, Construction Industry, Others
By Companies
BASF, Albemarle, Akzo Nobel, Solvay, Addivant USA, L. Bruggemann, Grafe Advanced Polymers, Songwon Industrial, Clariant, Dow Chemical, Evonik Industries, Adeka, MRF Michael Rosenthal, Chitec Technology
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Antioxidant and Stabilizer Agent Market Report Segments:
The global Antioxidant and Stabilizer Agent market is segmented on the basis of:
Types
Antioxidant, Stabilizer
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Packaging Industry, Automotive Industry, Construction Industry, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BASF
- Albemarle
- Akzo Nobel
- Solvay
- Addivant USA
- L. Bruggemann
- Grafe Advanced Polymers
- Songwon Industrial
- Clariant
- Dow Chemical
- Evonik Industries
- Adeka
- MRF Michael Rosenthal
- Chitec Technology
Highlights of The Antioxidant and Stabilizer Agent Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Antioxidant
- Stabilizer
- By Application:
- Packaging Industry
- Automotive Industry
- Construction Industry
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Antioxidant and Stabilizer Agent Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Antioxidant and stabilizer agent are two terms that are often used interchangeably. An antioxidant is a molecule that helps to prevent the oxidation of other molecules, which can lead to damage in cells. A stabilizer agent helps to keep products stable and prevents them from becoming damaged or discolored over time.
Some of the major companies in the antioxidant and stabilizer agent market are BASF, Albemarle, Akzo Nobel, Solvay, Addivant USA, L. Bruggemann, Grafe Advanced Polymers, Songwon Industrial, Clariant, Dow Chemical, Evonik Industries, Adeka, MRF Michael Rosenthal, Chitec Technology.
The antioxidant and stabilizer agent market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Antioxidant and Stabilizer Agent Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Antioxidant and Stabilizer Agent Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Antioxidant and Stabilizer Agent Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Antioxidant and Stabilizer Agent Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Antioxidant and Stabilizer Agent Market Size & Forecast, 2020-2028
4.5.1 Antioxidant and Stabilizer Agent Market Size and Y-o-Y Growth
4.5.2 Antioxidant and Stabilizer Agent Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Antioxidant
5.2.2 Stabilizer
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Packaging Industry
6.2.2 Automotive Industry
6.2.3 Construction Industry
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Antioxidant and Stabilizer Agent Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Antioxidant and Stabilizer Agent Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Antioxidant
9.6.2 Stabilizer
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Packaging Industry
9.10.2 Automotive Industry
9.10.3 Construction Industry
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Antioxidant
10.6.2 Stabilizer
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Packaging Industry
10.10.2 Automotive Industry
10.10.3 Construction Industry
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Antioxidant
11.6.2 Stabilizer
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Packaging Industry
11.10.2 Automotive Industry
11.10.3 Construction Industry
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Antioxidant
12.6.2 Stabilizer
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Packaging Industry
12.10.2 Automotive Industry
12.10.3 Construction Industry
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Antioxidant
13.6.2 Stabilizer
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Packaging Industry
13.10.2 Automotive Industry
13.10.3 Construction Industry
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Antioxidant and Stabilizer Agent Market: Competitive Dashboard
14.2 Global Antioxidant and Stabilizer Agent Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BASF
14.3.2 Albemarle
14.3.3 Akzo Nobel
14.3.4 Solvay
14.3.5 Addivant USA
14.3.6 L. Bruggemann
14.3.7 Grafe Advanced Polymers
14.3.8 Songwon Industrial
14.3.9 Clariant
14.3.10 Dow Chemical
14.3.11 Evonik Industries
14.3.12 Adeka
14.3.13 MRF Michael Rosenthal
14.3.14 Chitec Technology
