Product Code: 5471
Global Plastic Additives Market is poised to expand considerably through 2032 owing to the surging demand for convenience food which is in turn propelling the preference for food-grade plastic deployed for packaging.
The packaged food business has expanded significantly in recent years because of the consumers' quick move to packaged food consumption as a consequence of changing lifestyles and globalization. As per reports, the consumption of packaged foods in the United States is 31% more than that of fresh foods.
Major players in the industry are focusing on building on their corporate social responsibility by deploying sustainable packaging. Moreover, companies are investing in new product development that can help lower the environmental impact. For instance, in April 2021, BASF launched a biobased plasticizer centered on sustainable raw materials with the purpose of reducing its carbon footprint.
The plastic additives market has been divided in terms of end-use, type, plastic, and region.
Based on end-use, the construction segment is estimated to grow at 4.5% CAGR from 2023 to 2032. Antioxidants and stabilizers used in plastic components are proceeding to replace traditional construction materials such as wood and metal, which is changing the need for the construction and building industry. Antioxidants and stabilizers additives offer advantages such as simple manufacture, increased durability, low cost, and simple installation.
With respect to type, the stabilizers segment is expected to expand through the review years. All phases of the polymer life cycle involve the usage of stabilizers. Plastics call for stabilization to stop them from degrading when exposed to heat, cold, and ultraviolet light. They enable faster production with fewer flaws of plastic products, fueling the plastic additive stabilizers business over the years.
In terms of plastic, the polystyrene segment is set to depict 4% CAGR from 2023 to 2032 due to its ability to speed up the biodegradation of plastic by including hydrophilic elements into the polymer chain.
From the regional front, the North America plastic additives market is anticipated to grow substantially over the next 10 years, driven by the rising demand for plastic packaging in construction, aerospace, food and drinks, as well as military sectors. Plasticizers, UV stabilizers, flame retardants, along with other additives are anticipated to be in high demand from developed countries including the U.K., U.S., France, and Germany.
Table of Contents
Chapter 1 Methodology and Scope
- 1.1 Market Definitions
- 1.2 Base estimates & calculations
- 1.3 Forecast parameters
COVID-19 impact parameters North America Europe Asia Pacific Latin America MEA
- 1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
- 1.4.2.1 Paid Sources
- 1.4.2.2 Public Sources
Chapter 2 Executive Summary
- 2.1 Plastic additives industry 360 degree synopsis 2018 - 2032
- 2.1.1 Business trends
- 2.1.2 Type trend
- 2.1.3 Plastic type trends
- 2.1.4 End use trends
- 2.1.5 Regional trends
Chapter 3 Plastic additives industry Insights
- 3.1 Industry segmentation
- 3.2 Industry size & forecast, 2018 - 2032
- 3.2.1 Impact of Covid-19 on industry forecast
- 3.3 Industry ecosystem analysis
- 3.3.1 Profit margin
- 3.3.2 Vendor matrix
- 3.3.2.1 Company name
- 3.3.2.2 Role
- 3.3.2.3 Product/brands
- 3.3.2.4 Country presence
- 3.3.3 Distribution channel analysis
- 3.3.4 Impact of COVID-19 on industry value chain
- 3.4 Technology landscape
- 3.5 Raw material analysis
- 3.5.1 COVID-19 impact on raw material supply
- 3.6 Pricing Analysis
- 3.6.1 Pricing analysis by region
- 3.6.2 Cost structure analysis, 2022
- 3.6.3 Impact of Covid-19 on Rubber Inks price
- 3.7 Regulatory landscape
- 3.8 Innovation & Sustainability
- 3.9 Industry impact forces
- 3.9.1 Growth drivers
- 3.9.1.1 Increasing production of plastic products will upsurge industry size
- 3.9.1.2 Rising Construction and automotive sector is likely to foster industry growth
- 3.9.2 Industry pitfalls & challenges
- 3.9.2.1 Stringent government regulations governing plastic industry may hamper industry growth
- 3.10 Growth potential analysis, 2022
- 3.10.1 Emerging business model
- 3.11 Porter's analysis
- 3.11.1 Buyer's power
- 3.11.2 Supplier power
- 3.11.3 Threat of substitutes
- 3.11.4 Threat of new entrants
- 3.11.5 Degree of competition
- 3.12 PESTEL analysis
- 3.13 Impact of COVID-19 on plastic additives market , by End use
- 3.13.1 Automotive
- 3.13.2 Construction
- 3.13.3 Textiles
- 3.13.4 Electric & electronics
- 3.13.5 Agriculture
- 3.13.6 Packaging
- 3.13.7 others
- 3.14 Impact of Russia Ukraine war on plastic additives market
Chapter 4 Competitive Landscape
- 4.1 Introduction
- 4.2 Company market share analysis, 2022
- 4.2.1 North America plastic additives market share, 2022
- 4.2.2 Europe plastic additives market share, 2022
- 4.2.3 Asia Pacific plastic additives market share, 2022
- 4.2.4 LATAM plastic additives market share, 2022
- 4.2.5 MEA plastic additives market share, 2022
- 4.3 Top player overview
- 4.4 Strategy dashboard
Chapter 5 Plastic additives market, By Type
- 5.1 Type trends
- 5.2 Antioxidants
- 5.2.1 Market estimates and forecast, 2018 - 2032
- 5.2.2 Market estimates and forecast, by region, 2018 - 2032
- 5.3 Plasticizers
- 5.3.1 Market estimates and forecast, 2018 - 2032
- 5.3.2 Market estimates and forecast, by region, 2018 - 2032
- 5.4 Stabilizers
- 5.4.1.1 Market estimates and forecast, 2018 - 2032
- 5.4.1.2 Market estimates and forecast, by region, 2018 - 2032
- 5.4.2 Flame retardants
- 5.4.2.1 Market estimates and forecast, 2018 - 2032
- 5.4.2.2 Market estimates and forecast, by region, 2018 - 2032
- 5.4.3 Antistatic agents
- 5.4.3.1 Market estimates and forecast, 2018 - 2032
- 5.4.3.2 Market estimates and forecast, by region, 2018 - 2032
- 5.4.4 Clarifiers and nucleating agents
- 5.4.4.1 Market estimates and forecast, 2018 - 2032
- 5.4.4.2 Market estimates and forecast, by region, 2018 - 2032
- 5.4.5 Anti-scratch additives
- 5.4.5.1 Market estimates and forecast, 2018 - 2032
- 5.4.5.2 Market estimates and forecast, by region, 2018 - 2032
- 5.4.6 Rheology/Thickners
- 5.4.6.1 Market estimates and forecast, 2018 - 2032
- 5.4.6.2 Market estimates and forecast, by region, 2018 - 2032
- 5.5 others (waxes, lubricants, etc)
- 5.5.1 Market estimates and forecast, 2018 - 2032
- 5.5.2 Market estimates and forecast, by region, 2018 - 2032
Chapter 6 Plastic additives market, By Plastic type
- 6.1 Plastic type trends
- 6.2 Polystyrene
- 6.2.1 Market estimates and forecast, 2018 - 2032
- 6.2.2 Market estimates and forecast, by region, 2018 - 2032
- 6.3 PVC
- 6.3.1 Market estimates and forecast, 2018 - 2032
- 6.3.2 Market estimates and forecast, by region, 2018 - 2032
- 6.4 polypropylene
- 6.4.1 Market estimates and forecast, 2018 - 2032
- 6.4.2 Market estimates and forecast, by region, 2018 - 2032
- 6.5 polyethylene
- 6.5.1 Market estimates and forecast, 2018 - 2032
- 6.5.2 Market estimates and forecast, by region, 2018 - 2032
- 6.6 engineering plastics
- 6.6.1 Market estimates and forecast, 2018 - 2032
- 6.6.2 Market estimates and forecast, by region, 2018 - 2032
- 6.7 others (polyimide, polyethylene sulfide, etc.)
- 6.7.1 Market estimates and forecast, 2018 - 2032
- 6.7.2 Market estimates and forecast, by region, 2018 - 2032
Chapter 7 Plastic additives market, By End use
- 7.1 End use trends
- 7.2 Automotive
- 7.2.1 Market estimates and forecast, 2018 - 2032
- 7.2.2 Market estimates and forecast, by region, 2018 - 2032
- 7.3 Construction
- 7.3.1 Market estimates and forecast, 2018 - 2032
- 7.3.2 Market estimates and forecast, by region, 2018 - 2032
- 7.4 Textiles
- 7.4.1 Market estimates and forecast, 2018 - 2032
- 7.4.2 Market estimates and forecast, by region, 2018 - 2032
- 7.5 Electric & electronics
- 7.5.1 Market estimates and forecast, 2018 - 2032
- 7.5.2 Market estimates and forecast, by region, 2018 - 2032
- 7.6 Agriculture
- 7.6.1 Market estimates and forecast, 2018 - 2032
- 7.6.2 Market estimates and forecast, by region, 2018 - 2032
- 7.7 Packaging
- 7.7.1 Market estimates and forecast, 2018 - 2032
- 7.7.2 Market estimates and forecast, by region, 2018 - 2032
- 7.8 Others
- 7.8.1 Market estimates and forecast, 2018 - 2032
- 7.8.2 Market estimates and forecast, by region, 2018 - 2032
Chapter 8 Plastic additives market, By Region
- 8.1 Key region trends
- 8.2 North America
- 8.2.1 Market estimates and forecast, 2018 - 2032
- 8.2.2 Market estimates and forecast, by Type, 2018 - 2032
- 8.2.3 Market estimates and forecast, by Plastic Type, 2018 - 2032
- 8.2.4 Market estimates and forecast, by End use, 2018 - 2032
- 8.2.5 U.S.
- 8.2.5.1 Market estimates and forecast, 2018 - 2032
- 8.2.5.2 Market estimates and forecast, by Type, 2018 - 2032
- 8.2.5.3 Market estimates and forecast, by Plastic Type, 2018 - 2032
- 8.2.5.4 Market estimates and forecast, by End use, 2018 - 2032
- 8.2.6 Canada
- 8.2.6.1 Market estimates and forecast, 2018 - 2032
- 8.2.6.2 Market estimates and forecast, by Type, 2018 - 2032
- 8.2.6.3 Market estimates and forecast, by Plastic Type, 2018 - 2032
- 8.2.6.4 Market estimates and forecast, by End use, 2018 - 2032
- 8.3 Europe
- 8.3.1 Market estimates and forecast, 2018 - 2032
- 8.3.2 Market estimates and forecast, by Type, 2018 - 2032
- 8.3.3 Market estimates and forecast, by Plastic Type, 2018 - 2032
- 8.3.4 Market estimates and forecast, by End use, 2018 - 2032
- 8.3.5 UK
- 8.3.5.1 Market estimates and forecast, 2018 - 2032
- 8.3.5.2 Market estimates and forecast, by Type, 2018 - 2032
- 8.3.5.3 Market estimates and forecast, by Plastic Type, 2018 - 2032
- 8.3.5.4 Market estimates and forecast, by End use, 2018 - 2032
- 8.3.6 Germany
- 8.3.6.1 Market estimates and forecast, 2018 - 2032
- 8.3.6.2 Market estimates and forecast, by Type, 2018 - 2032
- 8.3.6.3 Market estimates and forecast, by Plastic Type, 2018 - 2032
- 8.3.6.4 Market estimates and forecast, by End use, 2018 - 2032
- 8.3.7 France
- 8.3.7.1 Market estimates and forecast, 2018 - 2032
- 8.3.7.2 Market estimates and forecast, by Type, 2018 - 2032
- 8.3.7.3 Market estimates and forecast, by Plastic Type, 2018 - 2032
- 8.3.7.4 Market estimates and forecast, by End use, 2018 - 2032
- 8.3.8 Italy
- 8.3.8.1 Market estimates and forecast, 2018 - 2032
- 8.3.8.2 Market estimates and forecast, by Type, 2018 - 2032
- 8.3.8.3 Market estimates and forecast, by Plastic Type, 2018 - 2032
- 8.3.8.4 Market estimates and forecast, by End use, 2018 - 2032
- 8.3.9 Russia
- 8.3.9.1 Market estimates and forecast, 2018 - 2032
- 8.3.9.2 Market estimates and forecast, by Type, 2018 - 2032
- 8.3.9.3 Market estimates and forecast, by Plastic Type, 2018 - 2032
- 8.3.9.4 Market estimates and forecast, by End use, 2018 - 2032
- 8.3.10 Spain
- 8.3.10.1 Market estimates and forecast, 2018 - 2032
- 8.3.10.2 Market estimates and forecast, by Type, 2018 - 2032
- 8.3.10.3 Market estimates and forecast, by Plastic Type, 2018 - 2032
- 8.3.10.4 Market estimates and forecast, by End use, 2018 - 2032
- 8.4 Asia Pacific
- 8.4.1 Market estimates and forecast, 2018 - 2032
- 8.4.2 Market estimates and forecast, by Type, 2018 - 2032
- 8.4.3 Market estimates and forecast, by Plastic Type, 2018 - 2032
- 8.4.4 Market estimates and forecast, by End use, 2018 - 2032
- 8.4.5 China
- 8.4.5.1 Market estimates and forecast, 2018 - 2032
- 8.4.5.2 Market estimates and forecast, by Type, 2018 - 2032
- 8.4.5.3 Market estimates and forecast, by Plastic Type, 2018 - 2032
- 8.4.5.4 Market estimates and forecast, by End use, 2018 - 2032
- 8.4.6 India
- 8.4.6.1 Market estimates and forecast, 2018 - 2032
- 8.4.6.2 Market estimates and forecast, by Type, 2018 - 2032
- 8.4.6.3 Market estimates and forecast, by Plastic Type, 2018 - 2032
- 8.4.6.4 Market estimates and forecast, by End use, 2018 - 2032
- 8.4.7 Japan
- 8.4.7.1 Market estimates and forecast, 2018 - 2032
- 8.4.7.2 Market estimates and forecast, by Type, 2018 - 2032
- 8.4.7.3 Market estimates and forecast, by Plastic Type, 2018 - 2032
- 8.4.7.4 Market estimates and forecast, by End use, 2018 - 2032
- 8.4.8 South Korea
- 8.4.8.1 Market estimates and forecast, 2018 - 2032
- 8.4.8.2 Market estimates and forecast, by Type, 2018 - 2032
- 8.4.8.3 Market estimates and forecast, by Plastic Type, 2018 - 2032
- 8.4.8.4 Market estimates and forecast, by End use, 2018 - 2032
- 8.4.9 Australia
- 8.4.9.1 Market estimates and forecast, 2018 - 2032
- 8.4.9.2 Market estimates and forecast, by Type, 2018 - 2032
- 8.4.9.3 Market estimates and forecast, by Plastic Type, 2018 - 2032
- 8.4.9.4 Market estimates and forecast, by End use, 2018 - 2032
- 8.4.10 Thailand
- 8.4.10.1 Market estimates and forecast, 2018 - 2032
- 8.4.10.2 Market estimates and forecast, by Type, 2018 - 2032
- 8.4.10.3 Market estimates and forecast, by Plastic Type, 2018 - 2032
- 8.4.10.4 Market estimates and forecast, by End use, 2018 - 2032
- 8.4.11 Indonesia
- 8.4.11.1 Market estimates and forecast, 2018 - 2032
- 8.4.11.2 Market estimates and forecast, by Type, 2018 - 2032
- 8.4.11.3 Market estimates and forecast, by Plastic Type, 2018 - 2032
- 8.4.11.4 Market estimates and forecast, by End use, 2018 - 2032
- 8.5 Latin America
- 8.5.1 Market estimates and forecast, 2018 - 2032
- 8.5.2 Market estimates and forecast, by Type, 2018 - 2032
- 8.5.3 Market estimates and forecast, by Plastic Type, 2018 - 2032
- 8.5.4 Market estimates and forecast, by End use, 2018 - 2032
- 8.5.5 Brazil
- 8.5.5.1 Market estimates and forecast, 2018 - 2032
- 8.5.5.2 Market estimates and forecast, by Type, 2018 - 2032
- 8.5.5.3 Market estimates and forecast, by Plastic Type, 2018 - 2032
- 8.5.5.4 Market estimates and forecast, by End use, 2018 - 2032
- 8.5.6 Mexico
- 8.5.6.1 Market estimates and forecast, 2018 - 2032
- 8.5.6.2 Market estimates and forecast, by Type, 2018 - 2032
- 8.5.6.3 Market estimates and forecast, by Plastic Type, 2018 - 2032
- 8.5.6.4 Market estimates and forecast, by End use, 2018 - 2032
- 8.6 Middle East & Africa
- 8.6.1 Market estimates and forecast, 2018 - 2032
- 8.6.2 Market estimates and forecast, by Type, 2018 - 2032
- 8.6.3 Market estimates and forecast, by Plastic Type, 2018 - 2032
- 8.6.4 Market estimates and forecast, by End use, 2018 - 2032
- 8.6.5 UAE
- 8.6.5.1 Market estimates and forecast, 2018 - 2032
- 8.6.5.2 Market estimates and forecast, by Type, 2018 - 2032
- 8.6.5.3 Market estimates and forecast, by Plastic Type, 2018 - 2032
- 8.6.5.4 Market estimates and forecast, by End use, 2018 - 2032
- 8.6.6 Saudi Arabia
- 8.6.6.1 Market estimates and forecast, 2018 - 2032
- 8.6.6.2 Market estimates and forecast, by Type, 2018 - 2032
- 8.6.6.3 Market estimates and forecast, by Plastic Type, 2018 - 2032
- 8.6.6.4 Market estimates and forecast, by End use, 2018 - 2032
- 8.6.7 South Africa
- 8.6.7.1 Market estimates and forecast, 2018 - 2032
- 8.6.7.2 Market estimates and forecast, by Type, 2018 - 2032
- 8.6.7.3 Market estimates and forecast, by Plastic Type, 2018 - 2032
- 8.6.7.4 Market estimates and forecast, by End use, 2018 - 2032
Chapter 9 Company Profiles
- 9.1 BASF
- 9.1.1 Business Overview
- 9.1.2 Financial Data
- 9.1.3 Product Landscape
- 9.1.4 SWOT Analysis
- 9.1.5 Strategic Outlook
- 9.2 EXXON MOBIL CORPORATION
- 9.2.1 Business Overview
- 9.2.2 Financial Data
- 9.2.3 Product Landscape
- 9.2.4 SWOT Analysis
- 9.2.5 Strategic Outlook
- 9.3 Clariant Ltd.
- 9.3.1 Business Overview
- 9.3.2 Financial Data
- 9.3.3 Product Landscape
- 9.3.4 SWOT Analysis
- 9.3.5 Strategic Outlook
- 9.4 Kaneka Corp.
- 9.4.1 Business Overview
- 9.4.2 Financial Data
- 9.4.3 Product Landscape
- 9.4.4 SWOT Analysis
- 9.4.5 Strategic Outlook
- 9.5 LANXESS AG
- 9.5.1 Business Overview
- 9.5.2 Financial Data
- 9.5.3 Product Landscape
- 9.5.4 SWOT Analysis
- 9.5.5 Strategic Outlook
- 9.6 Albemarle Corporation
- 9.6.1 Business Overview
- 9.6.2 Financial Data
- 9.6.3 Product Landscape
- 9.6.4 SWOT Analysis
- 9.6.5 Strategic Outlook
- 9.7 DOW Plastic Additives
- 9.7.1 Business Overview
- 9.7.2 Financial Data
- 9.7.3 Product Landscape
- 9.7.4 SWOT Analysis
- 9.7.5 Strategic Outlook
- 9.8 Evonik industries ag
- 9.8.1 Business Overview
- 9.8.2 Financial Data
- 9.8.3 Product Landscape
- 9.8.4 SWOT Analysis
- 9.8.5 Strategic Outlook
- 9.9 Nouryon
- 9.9.1 Business Overview
- 9.9.2 Financial Data
- 9.9.3 Product Landscape
- 9.9.4 SWOT Analysis
- 9.9.5 Strategic Outlook
- 9.10 Songwon Industrial Co. Ltd
- 9.10.1 Business Overview
- 9.10.2 Financial Data
- 9.10.3 Product Landscape
- 9.10.4 SWOT Analysis
- 9.10.5 Strategic Outlook