June 22, 2024

Plastic Additives Market Size to Rise USD 90.69 Bn by 2033

The global plastic additives market size accounted for US$ 58.12 billion in 2023 and is projected to reach around USD 90.69 billion by 2033, growing at a CAGR of 4.55% from 2024 to 2033.

Plastic Additives Market Size 2024 to 2033

Key Points

  • Asia Pacific held the largest market share of 55% in 2023.
  • North America is observed to grow at a significant rate during the forecast period.
  • By type, the plasticizers segment dominated the market with the largest share in 2023.
  • By type, the stabilizers segment is observed to witness the fastest rate of expansion during the forecast period.
  • By plastic type, the polypropylene segment held the largest share of the market in 2023.
  • By end-use, the automotive segment held the largest share of the market in 2023.

Report Summary

The global plastic additives market report provides a Point-by-Point and In-Depth analysis of global market size, regional and country-level market size, market share, segmentation market growth, competitive landscape, sales analysis, opportunities analysis, strategic market growth analysis, the impact of domestic and global market key players, value chain optimization, trade regulations, recent developments, product launches, area marketplace expanding, and technological innovations.

The study offers a comprehensive analysis on diverse features, including production capacities, demand, product developments, revenue generation, and sales in the plastic additives market across the globe.

A comprehensive estimate on the plastic additives market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the sales of plastic additives during the forecast period. Price point comparison by region with global average price is also considered in the study.

Download Access to a Free Copy of Our Latest Sample Report@ https://www.precedenceresearch.com/sample/3897

Plastic Additives Market Scope

Report Coverage Details
Global Market Size in 2023 USD 58.12 Billion
Global Market Size by 2033 USD 90.69 Billion
Growth Rate from 2024 to 2033 CAGR of 4.55%
Largest Market Asia Pacific
Base Year 2023
Forecast Period 2024 to 2033
Segments Covered By Type, By Plastic Type, and By End-use
Regions Covered North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa

Key Highlights:

Reports Coverage: It incorporates key market sections, key makers secured, the extent of items offered in the years considered, worldwide containerized plastic additives market and study goals. Moreover, it contacts the division study gave in the report based on the sort of item and applications.

Market Outline: This area stresses the key investigations, market development rate, serious scene, market drivers, patterns, and issues notwithstanding the naturally visible pointers.

Market Production by Region: The report conveys information identified with import and fare, income, creation, and key players of every single local market contemplated are canvassed right now.

Also Read: Pharmaceutical Unit-dose Packaging Market Size, Share, Report 2033

Market Players

The report includes the profiles of key plastic additives market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information, key development in past five years.

Recent Developments

  • In February 2022, BASF launched the latest service named, “RegXcellence” it is the digital solution to access regulatory documents and the worldwide community of regularity experts that analyze relevant environment, safety data, and health.
  • In October 2022, “KraussMaffei” plastic processing machinery firm launched their first two manufacturing platform precisionPrint small-format machines and powerPrint large-format at the K 2022 show booth.
  • In March 2023, Gerdau Graphene, the largest steel producer of Brazil and major steel producer of America launched first graphene enhanced PE additive masterbatch. The organization comes in the collaboration with the conglomerate Sumitomo Corp. for the graphene enhanced PE additive masterbatch distribution in Japan.
  • In February 2024, Evonik is launched “INFINAM® FR 4100L” a photopolymer resin which is mechanical durable and flame retardant, designed for the use with the digital light processing 3D printers.

Plastic Additives Market Companies

  • Songwon Industries Co. Ltd.
  • Exxon Mobil Corporation
  • KANEKA CORPORATION
  • Clariant Ltd.
  • Dow
  • Albemarle Corporation
  • Nouryon
  • Lanxess Corporation
  • BASF SE
  • Evonik Industries AG

Segments Covered in the Report

By Type

  • Stabilizers
  • Antioxidants
  • Plasticizers
  • Antistatic agents
  • Anti-scratch additives
  • Rheology/Thickners
  • Flame retardants

By Plastic Type

  • Polystyrene
  • PVC
  • Polypropylene
  • Polyethylene
  • Engineering plastics
  • Others

By End-use

  • Automotive
  • Construction
  • Textiles
  • Electric and electronics
  • Packaging
  • Agriculture

Regional Segmentation

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, Japan, India, Southeast Asia and Rest of APAC)
  • Latin America (Brazil and Rest of Latin America)
  • Middle East and Africa (GCC, North Africa, South Africa, Rest of MEA)

Research Methodology

Secondary Research

It involves company databases such as Hoover’s: This assists us to recognize financial information, the structure of the market participants and industry’s competitive landscape.

The secondary research sources referred in the process are as follows:

  • Governmental bodies, and organizations creating economic policies
  • National and international social welfare institutions
  • Company websites, financial reports and SEC filings, broker and investor reports
  • Related patent and regulatory databases
  • Statistical databases and market reports
  • Corporate Presentations, news, press release, and specification sheet of Manufacturers

Primary Research

Primary research includes face-to-face interviews, online surveys, and telephonic interviews.

  • Means of primary research: Email interactions, telephonic discussions and Questionnaire-based research etc.
  • In order to validate our research findings and analysis, we conduct primary interviews of key industry participants. Insights from primary respondents help in validating the secondary research findings. It also develops Research Team’s expertise and market understanding.

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Plastic Additives Market 

5.1. COVID-19 Landscape: Plastic Additives Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Plastic Additives Market, By Type

8.1. Plastic Additives Market Revenue and Volume, by Type, 2024-2033

8.1.1 Stabilizers

8.1.1.1. Market Revenue and Volume Forecast (2021-2033)

8.1.2. Antioxidants

8.1.2.1. Market Revenue and Volume Forecast (2021-2033)

8.1.3. Plasticizers

8.1.3.1. Market Revenue and Volume Forecast (2021-2033)

8.1.4. Antistatic

8.1.4.1. Market Revenue and Volume Forecast (2021-2033)

8.1.5. Anti-scratch additives

8.1.5.1. Market Revenue and Volume Forecast (2021-2033)

8.1.6. Rheology/Thickners

8.1.6.1. Market Revenue and Volume Forecast (2021-2033)

8.1.7. Flame Retardants

8.1.7.1. Market Revenue and Volume Forecast (2021-2033)

Chapter 9. Global Plastic Additives Market, By Plastic Type

9.1. Plastic Additives Market Revenue and Volume, by Plastic Type, 2024-2033

9.1.1. Polystyrene

9.1.1.1. Market Revenue and Volume Forecast (2021-2033)

9.1.2. PVC

9.1.2.1. Market Revenue and Volume Forecast (2021-2033)

9.1.3. Polypropylene

9.1.3.1. Market Revenue and Volume Forecast (2021-2033)

9.1.4. Polyethylene

9.1.4.1. Market Revenue and Volume Forecast (2021-2033)

9.1.5. Engineering plastics

9.1.5.1. Market Revenue and Volume Forecast (2021-2033)

9.1.6. Others

9.1.6.1. Market Revenue and Volume Forecast (2021-2033)

Chapter 10. Global Plastic Additives Market, By End-use 

10.1. Plastic Additives Market Revenue and Volume, by End-use, 2024-2033

10.1.1. Automotive

10.1.1.1. Market Revenue and Volume Forecast (2021-2033)

10.1.2. Construction

10.1.2.1. Market Revenue and Volume Forecast (2021-2033)

10.1.3. Textiles

10.1.3.1. Market Revenue and Volume Forecast (2021-2033)

10.1.4. Electric and electronics

10.1.4.1. Market Revenue and Volume Forecast (2021-2033)

10.1.5. Packaging

10.1.5.1. Market Revenue and Volume Forecast (2021-2033)

10.1.6. Agriculture

10.1.6.1. Market Revenue and Volume Forecast (2021-2033)

Chapter 11. Global Plastic Additives Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Volume Forecast, by Type (2021-2033)

11.1.2. Market Revenue and Volume Forecast, by Plastic Type (2021-2033)

11.1.3. Market Revenue and Volume Forecast, by End-use (2021-2033)

11.1.4. U.S.

11.1.4.1. Market Revenue and Volume Forecast, by Type (2021-2033)

11.1.4.2. Market Revenue and Volume Forecast, by Plastic Type (2021-2033)

11.1.4.3. Market Revenue and Volume Forecast, by End-use (2021-2033)

11.1.5. Rest of North America

11.1.5.1. Market Revenue and Volume Forecast, by Type (2021-2033)

11.1.5.2. Market Revenue and Volume Forecast, by Plastic Type (2021-2033)

11.1.5.3. Market Revenue and Volume Forecast, by End-use (2021-2033)

11.2. Europe

11.2.1. Market Revenue and Volume Forecast, by Type (2021-2033)

11.2.2. Market Revenue and Volume Forecast, by Plastic Type (2021-2033)

11.2.3. Market Revenue and Volume Forecast, by End-use (2021-2033)

11.2.4. UK

11.2.4.1. Market Revenue and Volume Forecast, by Type (2021-2033)

11.2.4.2. Market Revenue and Volume Forecast, by Plastic Type (2021-2033)

11.2.4.3. Market Revenue and Volume Forecast, by End-use (2021-2033)

11.2.5. Germany

11.2.5.1. Market Revenue and Volume Forecast, by Type (2021-2033)

11.2.5.2. Market Revenue and Volume Forecast, by Plastic Type (2021-2033)

11.2.5.3. Market Revenue and Volume Forecast, by End-use (2021-2033)

11.2.6. France

11.2.6.1. Market Revenue and Volume Forecast, by Type (2021-2033)

11.2.6.2. Market Revenue and Volume Forecast, by Plastic Type (2021-2033)

11.2.6.3. Market Revenue and Volume Forecast, by End-use (2021-2033)

11.2.7. Rest of Europe

11.2.7.1. Market Revenue and Volume Forecast, by Type (2021-2033)

11.2.7.2. Market Revenue and Volume Forecast, by Plastic Type (2021-2033)

11.2.7.3. Market Revenue and Volume Forecast, by End-use (2021-2033)

11.3. APAC

11.3.1. Market Revenue and Volume Forecast, by Type (2021-2033)

11.3.2. Market Revenue and Volume Forecast, by Plastic Type (2021-2033)

11.3.3. Market Revenue and Volume Forecast, by End-use (2021-2033)

11.3.4. India

11.3.4.1. Market Revenue and Volume Forecast, by Type (2021-2033)

11.3.4.2. Market Revenue and Volume Forecast, by Plastic Type (2021-2033)

11.3.4.3. Market Revenue and Volume Forecast, by End-use (2021-2033)

11.3.5. China

11.3.5.1. Market Revenue and Volume Forecast, by Type (2021-2033)

11.3.5.2. Market Revenue and Volume Forecast, by Plastic Type (2021-2033)

11.3.5.3. Market Revenue and Volume Forecast, by End-use (2021-2033)

11.3.6. Japan

11.3.6.1. Market Revenue and Volume Forecast, by Type (2021-2033)

11.3.6.2. Market Revenue and Volume Forecast, by Plastic Type (2021-2033)

11.3.6.3. Market Revenue and Volume Forecast, by End-use (2021-2033)

11.3.7. Rest of APAC

11.3.7.1. Market Revenue and Volume Forecast, by Type (2021-2033)

11.3.7.2. Market Revenue and Volume Forecast, by Plastic Type (2021-2033)

11.3.7.3. Market Revenue and Volume Forecast, by End-use (2021-2033)

11.4. MEA

11.4.1. Market Revenue and Volume Forecast, by Type (2021-2033)

11.4.2. Market Revenue and Volume Forecast, by Plastic Type (2021-2033)

11.4.3. Market Revenue and Volume Forecast, by End-use (2021-2033)

11.4.4. GCC

11.4.4.1. Market Revenue and Volume Forecast, by Type (2021-2033)

11.4.4.2. Market Revenue and Volume Forecast, by Plastic Type (2021-2033)

11.4.4.3. Market Revenue and Volume Forecast, by End-use (2021-2033)

11.4.5. North Africa

11.4.5.1. Market Revenue and Volume Forecast, by Type (2021-2033)

11.4.5.2. Market Revenue and Volume Forecast, by Plastic Type (2021-2033)

11.4.5.3. Market Revenue and Volume Forecast, by End-use (2021-2033)

11.4.6. South Africa

11.4.6.1. Market Revenue and Volume Forecast, by Type (2021-2033)

11.4.6.2. Market Revenue and Volume Forecast, by Plastic Type (2021-2033)

11.4.6.3. Market Revenue and Volume Forecast, by End-use (2021-2033)

11.4.7. Rest of MEA

11.4.7.1. Market Revenue and Volume Forecast, by Type (2021-2033)

11.4.7.2. Market Revenue and Volume Forecast, by Plastic Type (2021-2033)

11.4.7.3. Market Revenue and Volume Forecast, by End-use (2021-2033)

11.5. Latin America

11.5.1. Market Revenue and Volume Forecast, by Type (2021-2033)

11.5.2. Market Revenue and Volume Forecast, by Plastic Type (2021-2033)

11.5.3. Market Revenue and Volume Forecast, by End-use (2021-2033)

11.5.4. Brazil

11.5.4.1. Market Revenue and Volume Forecast, by Type (2021-2033)

11.5.4.2. Market Revenue and Volume Forecast, by Plastic Type (2021-2033)

11.5.4.3. Market Revenue and Volume Forecast, by End-use (2021-2033)

11.5.5. Rest of LATAM

11.5.5.1. Market Revenue and Volume Forecast, by Type (2021-2033)

11.5.5.2. Market Revenue and Volume Forecast, by Plastic Type (2021-2033)

11.5.5.3. Market Revenue and Volume Forecast, by End-use (2021-2033)

Chapter 12. Company Profiles

12.1. Songwon Industries Co. Ltd.

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. Exxon Mobil Corporation

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. KANEKA CORPORATION

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. Clariant Ltd.

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. Dow

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. Albemarle Corporation

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. Nouryon

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. Lanxess Corporation

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. BASF SE

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. Evonik Industries AG

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.

Contact Us:

Mr. Alex

Sales Manager

Call: +1 9197 992 333

Emailsales@precedenceresearch.com

Web: https://www.precedenceresearch.com

Blog: https://www.pharma-geek.com


Prathamesh

Leave a Reply

Your email address will not be published. Required fields are marked *