Market Overview:
The global plastic additive 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 packaging, automotive, and construction applications. In addition, the growing demand for lightweight and durable plastics is also contributing to the growth of the global plastic additive market. The global plastic additive market is segmented by type into plasticizers, stabilizers, flame retardants, impact modifiers, and others. The impact modifiers segment is expected to grow at a CAGR of 6% from 2018 to 2030. This growth can be attributed to the increasing demand for impact modifiers in automotive applications due to their ability reduce weight and improve fuel efficiency. The global plastic additive market is also segmented by application into packaging, automotive, consumer goods, construction,, manufacturing processes,, and others segments .
Product Definition:
A plastic additive is a substance that is added to plastics in order to change their properties. Plastic additives can be used to make plastics more durable, easier to mold, or more resistant to heat or chemicals.
Plasticizers:
Plasticizers are colorless, water-soluble organic compounds that are added to plastic materials to make them flexible and durable. They help the plastic material retain its shape during processing & transportation and also helps in improving its appearance.
The global market for plasticsizers is expected to witness significant growth over the forecast period owing to increasing demand from key application industries such as packaging, construction, electrical & electronics, automotive industry along with growing consumer preference towards aesthetically appealing products.
Stabilizers:
Stabilizers are additives that help to keep the molecular structure of plastic steady. They have different structures and properties, which helps them to perform their functions in plastic manufacturing. Stabilizers can be used for a variety of applications including stabilizing color, keeping viscosity stable during processing or improving thermal stability by preventing heat from causing change in temperature.
Application Insights:
Packaging emerged as the largest application segment and accounted for a revenue share of over 40.0% in 2017. The packaging industry has witnessed tremendous growth over the past few years owing to increasing consumerism in emerging economies such as India, China, Thailand and Indonesia. Moreover, rising demand for packaged food & beverages across the globe is expected to boost product demand in this segment further.
Automotive was another major application segment accounting for a significant revenue share of 29.4% in 2017 due to extensive use of plastics including polypropylene (PP), nylon (PAN).
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for a major share of plastic production owing to cheap labor costs, which makes it an attractive manufacturing base for various end-use industries. China, India, Japan and South Korea are some of the largest consumers of plastic additives in this region due to high demand from packaging industry as well as automotive sector.
The Asia Pacific has witnessed significant growth in recent years owing to increasing disposable income coupled with growing population especially in developing countries such as India and China.
Growth Factors:
- Increasing demand from packaging and automotive industries
- Rising awareness about the benefits of plastic additives over traditional additives
- Growing demand for lightweight and fuel-efficient vehicles
- Technological advancements in the field of plastics additive manufacturing
- Stringent government regulations to reduce environmental pollution
Scope Of The Report
Report Attributes
Report Details
Report Title
Plastic Additive Market Research Report
By Type
Plasticizers, Stabilizers, Flame Retardants, Impact Modifiers, Others
By Application
Packaging, Automotive, Consumer Good, Construction, Manufacturing Processes, Others
By Companies
Akzo Nobel NV, Albemarle Corporation, Amfine Chemical Corporation, BASF SE, Chemtura Corporation, Dow Chemical Company, EI DuPont de Nemours, Eastman Chemical Company, Evonik Industries AG, Rhein Chemie Rheinau, PMC Global Incorporated
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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Plastic Additive Market Report Segments:
The global Plastic Additive market is segmented on the basis of:
Types
Plasticizers, Stabilizers, Flame Retardants, Impact Modifiers, Others
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, Automotive, Consumer Good, Construction, Manufacturing Processes, 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:
- Akzo Nobel NV
- Albemarle Corporation
- Amfine Chemical Corporation
- BASF SE
- Chemtura Corporation
- Dow Chemical Company
- EI DuPont de Nemours
- Eastman Chemical Company
- Evonik Industries AG
- Rhein Chemie Rheinau
- PMC Global Incorporated
Highlights of The Plastic Additive 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:
- Plasticizers
- Stabilizers
- Flame Retardants
- Impact Modifiers
- Others
- By Application:
- Packaging
- Automotive
- Consumer Good
- Construction
- Manufacturing Processes
- 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 Plastic Additive 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.
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- Correctly Positioning New Products
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- Product & Brand Management
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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?
Plastic additive is a substance that is added to plastic materials during the manufacturing process in order to improve their physical and chemical properties. These additives can help make the plastic more durable, flexible, and heat-resistant.
Some of the key players operating in the plastic additive market are Akzo Nobel NV, Albemarle Corporation, Amfine Chemical Corporation, BASF SE, Chemtura Corporation, Dow Chemical Company, EI DuPont de Nemours, Eastman Chemical Company, Evonik Industries AG, Rhein Chemie Rheinau, PMC Global Incorporated.
The plastic additive market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Plastic Additive Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Plastic Additive Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Plastic Additive Market - Supply Chain
4.5. Global Plastic Additive Market Forecast
4.5.1. Plastic Additive Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Plastic Additive Market Size (000 Units) and Y-o-Y Growth
4.5.3. Plastic Additive Market Absolute $ Opportunity
5. Global Plastic Additive Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Plastic Additive Market Size and Volume Forecast by Type
5.3.1. Plasticizers
5.3.2. Stabilizers
5.3.3. Flame Retardants
5.3.4. Impact Modifiers
5.3.5. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Plastic Additive Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Plastic Additive Market Size and Volume Forecast by Application
6.3.1. Packaging
6.3.2. Automotive
6.3.3. Consumer Good
6.3.4. Construction
6.3.5. Manufacturing Processes
6.3.6. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Plastic Additive Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Plastic Additive Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Plastic Additive Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Plastic Additive Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Plastic Additive Demand Share Forecast, 2019-2026
9. North America Plastic Additive Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Plastic Additive Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Plastic Additive Market Size and Volume Forecast by Application
9.4.1. Packaging
9.4.2. Automotive
9.4.3. Consumer Good
9.4.4. Construction
9.4.5. Manufacturing Processes
9.4.6. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Plastic Additive Market Size and Volume Forecast by Type
9.7.1. Plasticizers
9.7.2. Stabilizers
9.7.3. Flame Retardants
9.7.4. Impact Modifiers
9.7.5. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Plastic Additive Demand Share Forecast, 2019-2026
10. Latin America Plastic Additive Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Plastic Additive Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Plastic Additive Market Size and Volume Forecast by Application
10.4.1. Packaging
10.4.2. Automotive
10.4.3. Consumer Good
10.4.4. Construction
10.4.5. Manufacturing Processes
10.4.6. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Plastic Additive Market Size and Volume Forecast by Type
10.7.1. Plasticizers
10.7.2. Stabilizers
10.7.3. Flame Retardants
10.7.4. Impact Modifiers
10.7.5. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Plastic Additive Demand Share Forecast, 2019-2026
11. Europe Plastic Additive Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Plastic Additive Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Plastic Additive Market Size and Volume Forecast by Application
11.4.1. Packaging
11.4.2. Automotive
11.4.3. Consumer Good
11.4.4. Construction
11.4.5. Manufacturing Processes
11.4.6. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Plastic Additive Market Size and Volume Forecast by Type
11.7.1. Plasticizers
11.7.2. Stabilizers
11.7.3. Flame Retardants
11.7.4. Impact Modifiers
11.7.5. Others
11.8. Basis Point Sare (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Plastic Additive Demand Share, 2019-2026
12. Asia Pacific Plastic Additive Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Plastic Additive Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Plastic Additive Market Size and Volume Forecast by Application
12.4.1. Packaging
12.4.2. Automotive
12.4.3. Consumer Good
12.4.4. Construction
12.4.5. Manufacturing Processes
12.4.6. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Plastic Additive Market Size and Volume Forecast by Type
12.7.1. Plasticizers
12.7.2. Stabilizers
12.7.3. Flame Retardants
12.7.4. Impact Modifiers
12.7.5. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Plastic Additive Demand Share, 2019-2026
13. Middle East & Africa Plastic Additive Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Plastic Additive Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Plastic Additive Market Size and Volume Forecast by Application
13.4.1. Packaging
13.4.2. Automotive
13.4.3. Consumer Good
13.4.4. Construction
13.4.5. Manufacturing Processes
13.4.6. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Plastic Additive Market Size and Volume Forecast by Type
13.7.1. Plasticizers
13.7.2. Stabilizers
13.7.3. Flame Retardants
13.7.4. Impact Modifiers
13.7.5. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Plastic Additive Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Plastic Additive Market: Market Share Analysis
14.2. Plastic Additive Distributors and Customers
14.3. Plastic Additive Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Akzo Nobel NV
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Albemarle Corporation
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Amfine Chemical Corporation
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. BASF SE
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Chemtura Corporation
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Dow Chemical Company
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. EI DuPont de Nemours
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Eastman Chemical Company
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Evonik Industries AG
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Rhein Chemie Rheinau
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. PMC Global Incorporated
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook