Global plastic additive Market Forecast to 2023


Posted December 27, 2017 by kishor8796

The report on plastic additive by Infinium Global Research analyses the plastic additive Market over the period of 2017 to 2023.

 
The report on plastic additive by Infinium Global Research analyses the plastic additive Market over the period of 2017 to 2023. This report also provides detailed qualitative and quantitative analyses of the market dynamics, market size and future trends in Global plastic additive Market. It will help a lot of decision makers to develop strategies and find new opportunities in the Global plastic additive Market.
The market size of global plastic additive market was valued over USD 38.50 billion in 2015 and it is projected to grow with a CAGR between 4.9% and 5.0% during the forecast period of 2016-2022 to surpass USD 55 billion by 2022. Plastic additives are chemical added polymers which are used to enhance the end user properties of plastic. The polymers used in the plastic are mixed with monomeric units and are not in their pure form, but are harmless. These monomers i.e monomeric units are known as plastic additives and are classified as reinforcing fibers, coupling agents, stabilizers, colorants, fillers, processing aids, flame retardants, peroxides and antistatic agents. Plastic additives majorly aim to improve the processing characteristics and properties of plastic and to enhance end user performance. Furthermore, plastic additives facilitate safe handling during the manufacturing of finished products.
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Rapidly increasing usage of plastics in industrial manufacturing, construction, automotive and mechanical engineering coupled with increasing cost of natural metal are the major factors driving the growth of plastic additives market. Increasing costs of natural metals has increased preferences for plastic additives. Moreover, augmented household applications and lower cost of plastic products are likely to boost the growth of this market over the forecast period. On the other hand, the global plastic additives market is restrained by stringent government regulation on limited usage of plastic and environmental policies. Due to introduction of bans and regulatory obligations in recent years on usage of wide range of plastic additives is likely to hamper the growth of this market over the forecast period. Going forward, consistently increasing application of plastic additives is likely to increase opportunities to the players in this market over the forecast period.
Segments Covered:
The report segments the global market plastic additives market by additives type, by function, by application and by region. Market segmentation based on types of additives includes plasticizers, stabilizers, flame retardants, impact modifiers, and others. Plasticizers registered major market share of the plastic additive market and is largely used to process polymers and are less expensive than other additives. On the basis of function market is segmented into property modifiers, property stabilizers, property extenders and processing aids, while the application segment comprises packaging, automotive, consumer good, construction, manufacturing processes and others.
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Company Profiles
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



Key topics covered:
1. Report Overview
2. Executive Summary
3. Global Plastic Additives Market Overview
4. Global Plastic Additives Market, by Additive Type, (USD Billion) 2015 – 2022
5. Global Plastic Additives Market, by Function, (USD Billion) 2015 – 2022
6. Global Plastic Additives Market, by Application, (USD Billion) 2014 – 2022
7. Global Plastic Additives Market, by Region, (USD Billion) 2015 – 2022
8.Company Profiles
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Tags plastic additive market analysis , plastic additive market estimate , plastic additive market forecast , plastic additive market growth analysis , plastic additive market product segment , plastic additive market size , plastic additive market trends , plastic additive market volume 2023
Last Updated December 27, 2017