Plastic additives in a future pace.
The plastic additive market is projected to reach $ 56.7 billion by 2023. Growth in the market can be attributed to the robust growth of the industrial sector, rising production capacities of automotive and consumer good companies, and the increasing demand for high-efficiency polymer products in various downstream industries.
As growing technological advancements are shifting government focus towards the adoption of biodegradable plastics from traditional polymers, consumption of bio-based plasticizers, stabilizers and other plastic additives is expected to increase at a robust pace in the coming years. Moreover, increasing application of lightweight, highly resistant and high-performance polymers in auto parts and construction products development is anticipated to aid the growth of the plastic additive market, globally.
Major players
BASF SE, Evonik Industries AG, DowDuPont Inc., Akzo Nobel N.V., Mitsubishi Chemical Holding Corporation, Clariant AG, Lanxess AG, Kaneka Corporation, Exxon Mobil Corporation, and Solvay SA, among others
Why You Should Buy This Report?
To gain an in-depth understanding of plastic additive in the global market
To identify the on-going trends and anticipated growth in the next five years
To help industry consultants, plastic additive distributor, distributors, and other stakeholders align their market-centric strategies
To obtain research-based business decisions and add weight to presentations and marketing material
To gain competitive knowledge of leading market players
As growing technological advancements are shifting government focus towards the adoption of biodegradable plastics from traditional polymers, consumption of bio-based plasticizers, stabilizers and other plastic additives is expected to increase at a robust pace in the coming years. Moreover, increasing application of lightweight, highly resistant and high-performance polymers in auto parts and construction products development is anticipated to aid the growth of the plastic additive market, globally.
Major players
BASF SE, Evonik Industries AG, DowDuPont Inc., Akzo Nobel N.V., Mitsubishi Chemical Holding Corporation, Clariant AG, Lanxess AG, Kaneka Corporation, Exxon Mobil Corporation, and Solvay SA, among others
Why You Should Buy This Report?
To gain an in-depth understanding of plastic additive in the global market
To identify the on-going trends and anticipated growth in the next five years
To help industry consultants, plastic additive distributor, distributors, and other stakeholders align their market-centric strategies
To obtain research-based business decisions and add weight to presentations and marketing material
To gain competitive knowledge of leading market players
Category of Report:: Chemical Market Research Reports
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