Report Detail
Global Plastics additives Market Report 2018-2029
- RnM3875743 |
- 22 August, 2023 |
- Global |
- 149 Pages |
- HJResearch |
- Other
Plastics additives are chemical substances that are added to polymers and plastics to improve their performance, processing, and appearance. Plastics additives can enhance the properties of plastic materials, such as durability, flexibility, resistance to heat, and UV stability. These additives can also reduce the cost of production, increase energy efficiency, and comply with regulatory requirements.
The global Plastics additives market size in 2022 is projected to reach US$51359 million, with a compound annual growth rate of 5.8%. This growth is primarily driven by the increasing demand from various end-use industries, including automotive, construction, packaging, and consumer goods. The use of Plastics additives for Plasticizers applications, Flame Retardants application, Impact Modifiers applications, Antioxidants applications, Antimicrobials applications, UV Stabilizers applications, and other applications ensure that plastics meet the needs of these industries and are safe and efficient for everyday use.
The industry status of Plastics additives is positive, with strong demand and growing investments in research and development. Major players in the global market include Songwon Industrial Co. Ltd, Albemarle Corporation, Clariant AG, BASF SE, The Dow Chemical Company, Bayer AG, Evonik Industries AG, Kaneka Corporation, and Lanxess AG. These companies offer diverse products designed for various applications, including plasticizers, flame retardants, antioxidants, impact modifiers, and others.
The Automotive industry is the largest end-user of Plastics additives, followed by the Packaging industry and the Construction industry. The demand for lightweight and fuel-efficient vehicles is driving the growth of the Automotive industry and, therefore, the Plastics additives industry. Additionally, the increasing preference for eco-friendly packaging materials and construction materials is driving the adoption of Plastics additives that are recyclable and biodegradable.
Despite the positive outlook, the Plastics additives industry faces challenges such as rising raw material prices, intensifying competition, and regulatory hurdles. The COVID-19 pandemic has also disrupted global supply chains and reduced demand from certain end-use industries.
Looking forward, the prospects for the Plastics additives industry are promising, with significant growth opportunities in emerging markets. The industry is expected to continue growing, driven by the increasing demand from various end-use industries and the development of innovative products. Manufacturers in the industry are developing new technologies and applications of Plastics additives that cater to specific industry requirements, providing opportunities for growth and innovation. In the coming years, the industry is likely to see advancements in product formulations, including the development of bio-based and sustainable plastics additives.
In conclusion, Plastics additives are essential for improving the performance and appearance of plastic materials. The global market size for Plastics additives is projected to grow, driven by the increasing demand from various end-use industries. Despite facing challenges such as rising raw material prices and regulatory hurdles, the industry presents opportunities for innovation and technological advancements. A comprehensive market analysis can assist in developing strategies that capitalize on the industry's strengths while mitigating potential weaknesses and threats.
The SWOT analysis of the Plastics additives industry is as follows:
Strengths:
Plastics additives improve the performance and properties of plastic materials, providing manufacturers with a broad range of options for developing specialized products.
The industry enjoys strong demand from various end-use industries, such as automotive, construction, packaging, and consumer goods.
Companies in the industry invest heavily in research and development to develop new products that meet evolving customer needs.
Weaknesses:
The industry is vulnerable to fluctuations in raw material prices and supply chain disruptions.
The use of certain plastics additives can raise environmental concerns and lead to regulatory hurdles.
The manufacturing process for some types of plastics additives can be complex and expensive, limiting their adoption for certain applications.
Opportunities:
Developing and marketing bio-based and sustainable plastics additives presents opportunities for manufacturers to meet the increasing demand for eco-friendly and sustainable materials.
Advancements in technology are expanding the market for plastics additives in innovative applications, including 3D printing.
Growth in emerging markets is driving the demand for plastics additives in various industries, providing opportunities for expansion into new geographic regions.
Threats:
Intense competition within the industry can lead to price wars and erode profit margins.
The COVID-19 pandemic has disrupted global supply chains and reduced demand for plastics additives as some end-use industries were impacted.
Increasing regulations and environmental concerns regarding the use of certain plastics additives can limit the industry's growth and profitability.
Key players in global Plastics additives market include:
Songwon Industrial Co. Ltd
Albemarle Corporation
Clariant AG
BASF SE
The Dow Chemical Company
Bayer AG
Evonik Industries AG
Kaneka Corporation
Lanxess AG
Market segmentation, by product types:
Property Modifiers
Property Stabilizers
Property Extenders
Processing Aids
Market segmentation, by applications:
Plasticizers applications
Flame Retardants application
Impact Modifiers applications
Antioxidants applications
Antimicrobials applications
UV Stabilizers applications
Other applications
1 Industry Overview of Plastics additives
- 1.1 Research Scope
- 1.2 Market Segmentation by Types of Plastics additives
- 1.3 Market Segmentation by End Users of Plastics additives
- 1.4 Market Dynamics Analysis of Plastics additives
- 1.4.1 Market Drivers
- 1.4.2 Market Challenges
- 1.4.3 Market Opportunities
- 1.4.4 Porter’s Five Forces
2 Major Manufacturers Analysis of Plastics additives Industry
- 2.1 Songwon Industrial Co. Ltd
- 2.1.1 Company Overview
- 2.1.2 Main Products and Specifications
- 2.1.3 Plastics additives Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.1.4 Contact Information
- 2.2 Albemarle Corporation
- 2.2.1 Company Overview
- 2.2.2 Main Products and Specifications
- 2.2.3 Plastics additives Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.2.4 Contact Information
- 2.3 Clariant AG
- 2.3.1 Company Overview
- 2.3.2 Main Products and Specifications
- 2.3.3 Plastics additives Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.3.4 Contact Information
- 2.4 BASF SE
- 2.4.1 Company Overview
- 2.4.2 Main Products and Specifications
- 2.4.3 Plastics additives Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.4.4 Contact Information
- 2.5 The Dow Chemical Company
- 2.5.1 Company Overview
- 2.5.2 Main Products and Specifications
- 2.5.3 Plastics additives Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.5.4 Contact Information
- 2.6 Bayer AG
- 2.6.1 Company Overview
- 2.6.2 Main Products and Specifications
- 2.6.3 Plastics additives Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.6.4 Contact Information
- 2.7 Evonik Industries AG
- 2.7.1 Company Overview
- 2.7.2 Main Products and Specifications
- 2.7.3 Plastics additives Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.7.4 Contact Information
- 2.8 Kaneka Corporation
- 2.8.1 Company Overview
- 2.8.2 Main Products and Specifications
- 2.8.3 Plastics additives Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.8.4 Contact Information
- 2.9 Lanxess AG
- 2.9.1 Company Overview
- 2.9.2 Main Products and Specifications
- 2.9.3 Plastics additives Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.9.4 Contact Information
3 Global Plastics additives Market Analysis by Regions, Manufacturers, Types and End Users
- 3.1 Global Sales Volume and Revenue of Plastics additives by Regions (2018-2023)
- 3.2 Global Sales Volume and Revenue of Plastics additives by Manufacturers (2018-2023)
- 3.3 Global Sales Volume and Revenue of Plastics additives by Types (2018-2023)
- 3.4 Global Sales Volume and Revenue of Plastics additives by End Users (2018-2023)
- 3.5 Selling Price Analysis of Plastics additives by Regions, Manufacturers, Types and End Users in (2018-2023)
4 Northern America Plastics additives Market Analysis by Countries, Types and End Users
- 4.1 Northern America Plastics additives Sales Volume and Revenue Analysis by Countries (2018-2023)
- 4.2 Northern America Plastics additives Sales Volume and Revenue Analysis by Types (2018-2023)
- 4.3 Northern America Plastics additives Sales Volume and Revenue Analysis by End Users (2018-2023)
- 4.4 United States Plastics additives Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 4.5 Canada Plastics additives Sales Volume, Revenue, Import and Export Analysis (2018-2023)
5 Europe Plastics additives Market Analysis by Countries, Types and End Users
- 5.1 Europe Plastics additives Sales Volume and Revenue Analysis by Countries (2018-2023)
- 5.2 Europe Plastics additives Sales Volume and Revenue Analysis by Types (2018-2023)
- 5.3 Europe Plastics additives Sales Volume and Revenue Analysis by End Users (2018-2023)
- 5.4 Germany Plastics additives Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 5.5 France Plastics additives Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 5.6 UK Plastics additives Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 5.7 Italy Plastics additives Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 5.8 Russia Plastics additives Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 5.9 Spain Plastics additives Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 5.10 Netherlands Plastics additives Sales Volume, Revenue, Import and Export Analysis (2018-2023)
6 Asia Pacific Plastics additives Market Analysis by Countries, Types and End Users
- 6.1 Asia Pacific Plastics additives Sales Volume and Revenue Analysis by Countries (2018-2023)
- 6.2 Asia Pacific Plastics additives Sales Volume and Revenue Analysis by Types (2018-2023)
- 6.3 Asia Pacific Plastics additives Sales Volume and Revenue Analysis by End Users (2018-2023)
- 6.4 China Plastics additives Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 6.5 Japan Plastics additives Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 6.6 Korea Plastics additives Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 6.7 India Plastics additives Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 6.8 Australia Plastics additives Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 6.9 Indonesia Plastics additives Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 6.10 Vietnam Plastics additives Sales Volume, Revenue, Import and Export Analysis (2018-2023)
7 Latin America Plastics additives Market Analysis by Countries, Types and End Users
- 7.1 Latin America Plastics additives Sales Volume and Revenue Analysis by Countries (2018-2023)
- 7.2 Latin America Plastics additives Sales Volume and Revenue Analysis by Types (2018-2023)
- 7.3 Latin America Plastics additives Sales Volume and Revenue Analysis by End Users (2018-2023)
- 7.4 Brazil Plastics additives Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 7.5 Mexico Plastics additives Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 7.6 Argentina Plastics additives Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 7.7 Colombia Plastics additives Sales Volume, Revenue, Import and Export Analysis (2018-2023)
8 Middle East & Africa Plastics additives Market Analysis by Countries, Types and End Users
- 8.1 Middle East & Africa Plastics additives Sales Volume and Revenue Analysis by Countries (2018-2023)
- 8.2 Middle East & Africa Plastics additives Sales Volume and Revenue Analysis by Types (2018-2023)
- 8.3 Middle East & Africa Plastics additives Sales Volume and Revenue Analysis by End Users (2018-2023)
- 8.4 Turkey Plastics additives Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 8.5 Saudi Arabia Plastics additives Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 8.6 South Africa Plastics additives Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 8.7 Egypt Plastics additives Sales Volume, Revenue, Import and Export Analysis (2018-2023)
9 Marketing Channel, Distributors and Traders Analysis
- 9.1 Marketing Channel
- 9.1.1 Direct Channel
- 9.1.2 Indirect Channel
- 9.2 Distributors and Traders
10 Global Plastics additives Market Forecast by Regions, Countries, Manufacturers, Types and End Users
- 10.1 Global Sales Volume and Revenue Forecast of Plastics additives by Regions (2024-2029)
- 10.2 Global Sales Volume and Revenue Forecast of Plastics additives by Types (2024-2029)
- 10.3 Global Sales Volume and Revenue Forecast of Plastics additives by End Users (2024-2029)
- 10.4 Global Revenue Forecast of Plastics additives by Countries (2024-2029)
- 10.4.1 United States Revenue Forecast (2024-2029)
- 10.4.2 Canada Revenue Forecast (2024-2029)
- 10.4.3 Germany Revenue Forecast (2024-2029)
- 10.4.4 France Revenue Forecast (2024-2029)
- 10.4.5 UK Revenue Forecast (2024-2029)
- 10.4.6 Italy Revenue Forecast (2024-2029)
- 10.4.7 Russia Revenue Forecast (2024-2029)
- 10.4.8 Spain Revenue Forecast (2024-2029)
- 10.4.9 Netherlands Revenue Forecast (2024-2029)
- 10.4.10 China Revenue Forecast (2024-2029)
- 10.4.11 Japan Revenue Forecast (2024-2029)
- 10.4.12 Korea Revenue Forecast (2024-2029)
- 10.4.13 India Revenue Forecast (2024-2029)
- 10.4.14 Australia Revenue Forecast (2024-2029)
- 10.4.15 Indonesia Revenue Forecast (2024-2029)
- 10.4.16 Vietnam Revenue Forecast (2024-2029)
- 10.4.17 Brazil Revenue Forecast (2024-2029)
- 10.4.18 Mexico Revenue Forecast (2024-2029)
- 10.4.19 Argentina Revenue Forecast (2024-2029)
- 10.4.20 Colombia Revenue Forecast (2024-2029)
- 10.4.21 Turkey Revenue Forecast (2024-2029)
- 10.4.22 Saudi Arabia Revenue Forecast (2024-2029)
- 10.4.23 South Africa Revenue Forecast (2024-2029)
- 10.4.24 Egypt Revenue Forecast (2024-2029)
11 Industry Chain Analysis of Plastics additives
- 11.1 Upstream Major Raw Materials and Equipment Suppliers Analysis of Plastics additives
- 11.1.1 Major Raw Materials Suppliers with Contact Information Analysis of Plastics additives
- 11.1.2 Major Equipment Suppliers with Contact Information Analysis of Plastics additives
- 11.2 Downstream Major Consumers Analysis of Plastics additives
- 11.3 Major Suppliers of Plastics additives with Contact Information
- 11.4 Supply Chain Relationship Analysis of Plastics additives
12 Plastics additives New Project Investment Feasibility Analysis
- 12.1 Plastics additives New Project SWOT Analysis
- 12.2 Plastics additives New Project Investment Feasibility Analysis
- 12.2.1 Project Name
- 12.2.2 Investment Budget
- 12.2.3 Project Product Solutions
- 12.2.4 Project Schedule
13 Plastics additives Research Findings and Conclusion
14 Appendix
- 14.1 Research Methodology
- 14.2 References and Data Sources
- 14.2.1 Primary Sources
- 14.2.2 Secondary Paid Sources
- 14.2.3 Secondary Public Sources
- 14.3 Abbreviations and Units of Measurement
- 14.4 Author Details
Summary:
Get latest Market Research Reports on Plastics additives. Industry analysis & Market Report on Plastics additives is a syndicated market report, published as Global Plastics additives Market Report 2018-2029. It is complete Research Study and Industry Analysis of Plastics additives market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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