Market Overview:
The global resin additives market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for plastics in various applications, such as packaging, automotive, construction, and electrical & electronics. In addition, the growing awareness about environmental concerns is also propelling the demand for resin additives. The global resin additives market is segmented on the basis of type, application, and region. On the basis of type, it is divided into fillers (calcium carbonate filler masterbatch and talc filler), colorants (pigments and dyes), plasticizers (phthalates-based plasticizers and non-phthalates-based plasticizers), antioxidants ( hindered phenols antioxidants and metal deactivators), stabilizers (UV stabilizer masterbatch and thermal stabilizer masterbatch), other types (antistatic agents masterbatchand flame retardants). On the basis of application, it is classified into PA6/66 polyamide 6/66 resins; PE polyethylene resins; PP polypropylene resins; PVC rigid PVC profiles & pipes; flexible PVC films & sheets ;others applications including ABS acrylonitrile butadiene styrene copolymers , SAN styrene acrylonitrile copolymers etc.). Geographically speaking North America dominates this market followed by Europe due Asia Pacific .
Product Definition:
resin additives are chemicals that are added to resin to improve its properties. They include plasticizers, antioxidants, and UV inhibitors.
Fillers:
The fillers are used to increase the flow rate and viscosity of resins. They are also used to reduce costs, storage space and resin usage. The growth factor in filler demand is dependent on end-use applications as well as technology trends in the respective market.
Colorants:
A colorant is a substance that enhances or modifies the color of an article. Colorants can be natural or synthetic in nature and are added to resins during their processing to enhance certain properties such as aesthetic appeal, UV protection, heat resistance, etc. The most commonly used colorants include pigments (natural) and dyes (synthetic).
Application Insights:
The others segment, which includes rubber, thermoset polymers, and epoxy resins is expected to witness the fastest growth over the forecast period. These resins are widely used in electrical & electronics industries on account of their excellent properties including low VOC emissions and high thermal resistance. In addition, they offer enhanced mechanical strength as compared to glass-based products.
Polyamide 6% is one of the most commonly used additives in North America for manufacturing fiber reinforced plastic composites. The product helps enhance impact strength and tensile resistance of composites along with providing good dimensional stability at elevated temperatures when mixed with carbon fibers or polymer matrix composites. Other applications include metal plating industry where it is used for various purposes such as improving surface glossiness & reducing corrosion when mixed with zinc oxide or aluminum hydroxide based paints respectively.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising product demand from end-use industries such as packaging, automotive, construction, and electrical & electronics. China emerged as a major consumer in this region owing to rapid industrialization along with increasing foreign investments in the country.
The European market for resin additives is anticipated to witness significant growth over the forecast period owing to growing automobile production coupled with stringent regulations regarding fuel economy of vehicles driven on roads. In addition, high consumption levels of alcohol beverages are also likely contribute significantly towards industry expansion over the coming years due to presence of numerous breweries across Europe that require constant infusion of plasticizers into their bottles/cans at each stage throughout manufacturing process for ensuring quality standards are maintained intact.
North America accounted for a share of more than 20% in terms offillerers consumed globally.
Growth Factors:
- Increasing demand for lightweight and fuel-efficient vehicles
- Growing automotive industry in developing countries
- Rising demand for resin additives from the construction sector
- Proliferation of nanotechnology-based resin additives
- Growing popularity of green and sustainable construction practices
Scope Of The Report
Report Attributes
Report Details
Report Title
Resin Additives Market Research Report
By Type
Fillers, Colorants, Plasticizers, Antioxidants, Stabilizers, Other
By Application
PA, PE, PP, PVC, Others
By Companies
JOHOKU CHEMICAL, BASF, Easy Composites, Otsuka Chemical, BYK, Gougeon Brothers, Mitsubishi Chemical, TEIJIN, TEDA GOLONE CHEMICAL, Hongda Group, JOHOKU CHEMICAL
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
221
Number of Tables & Figures
155
Customization Available
Yes, the report can be customized as per your need.
Global Resin Additives Market Report Segments:
The global Resin Additives market is segmented on the basis of:
Types
Fillers, Colorants, Plasticizers, Antioxidants, Stabilizers, Other
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
PA, PE, PP, PVC, 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:
- JOHOKU CHEMICAL
- BASF
- Easy Composites
- Otsuka Chemical
- BYK
- Gougeon Brothers
- Mitsubishi Chemical
- TEIJIN
- TEDA GOLONE CHEMICAL
- Hongda Group
- JOHOKU CHEMICAL
Highlights of The Resin Additives 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:
- Fillers
- Colorants
- Plasticizers
- Antioxidants
- Stabilizers
- Other
- By Application:
- PA
- PE
- PP
- PVC
- 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 Resin Additives 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?
Resin additives are chemicals that are added to resin to improve its properties. Common resin additives include hardeners, extenders, and fillers.
Some of the key players operating in the resin additives market are JOHOKU CHEMICAL, BASF, Easy Composites, Otsuka Chemical, BYK, Gougeon Brothers, Mitsubishi Chemical, TEIJIN, TEDA GOLONE CHEMICAL, Hongda Group, JOHOKU CHEMICAL.
The resin additives 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 Resin Additives 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 Resin Additives Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Resin Additives 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 Resin Additives 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 Resin Additives Market Size & Forecast, 2020-2028
4.5.1 Resin Additives Market Size and Y-o-Y Growth
4.5.2 Resin Additives 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 Fillers
5.2.2 Colorants
5.2.3 Plasticizers
5.2.4 Antioxidants
5.2.5 Stabilizers
5.2.6 Other
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 PA
6.2.2 PE
6.2.3 PP
6.2.4 PVC
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Resin Additives 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 Resin Additives 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 Fillers
9.6.2 Colorants
9.6.3 Plasticizers
9.6.4 Antioxidants
9.6.5 Stabilizers
9.6.6 Other
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 PA
9.10.2 PE
9.10.3 PP
9.10.4 PVC
9.10.5 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 Fillers
10.6.2 Colorants
10.6.3 Plasticizers
10.6.4 Antioxidants
10.6.5 Stabilizers
10.6.6 Other
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 PA
10.10.2 PE
10.10.3 PP
10.10.4 PVC
10.10.5 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 Fillers
11.6.2 Colorants
11.6.3 Plasticizers
11.6.4 Antioxidants
11.6.5 Stabilizers
11.6.6 Other
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 PA
11.10.2 PE
11.10.3 PP
11.10.4 PVC
11.10.5 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 Fillers
12.6.2 Colorants
12.6.3 Plasticizers
12.6.4 Antioxidants
12.6.5 Stabilizers
12.6.6 Other
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 PA
12.10.2 PE
12.10.3 PP
12.10.4 PVC
12.10.5 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 Fillers
13.6.2 Colorants
13.6.3 Plasticizers
13.6.4 Antioxidants
13.6.5 Stabilizers
13.6.6 Other
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 PA
13.10.2 PE
13.10.3 PP
13.10.4 PVC
13.10.5 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 Resin Additives Market: Competitive Dashboard
14.2 Global Resin Additives Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 JOHOKU CHEMICAL
14.3.2 BASF
14.3.3 Easy Composites
14.3.4 Otsuka Chemical
14.3.5 BYK
14.3.6 Gougeon Brothers
14.3.7 Mitsubishi Chemical
14.3.8 TEIJIN
14.3.9 TEDA GOLONE CHEMICAL
14.3.10 Hongda Group
14.3.11 JOHOKU CHEMICAL
