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Global Plastic Additives Market: Size, Trends & Forecasts (2019-2023) May 2019

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Page 1: Global Plastic Additives Market: Size, Trends & Forecasts ...€¦ · Antioxidants, Antimicrobials, UV Stabilizers and Others); Plastic (Engineering Plastic, High-Performance Plastic

Global Plastic Additives Market:

Size, Trends & Forecasts (2019-2023)

May 2019

Page 2: Global Plastic Additives Market: Size, Trends & Forecasts ...€¦ · Antioxidants, Antimicrobials, UV Stabilizers and Others); Plastic (Engineering Plastic, High-Performance Plastic

Global Plastic Additives Market: Coverage

Executive Summary and Scope

Introduction/Market Overview

Global Market Analysis

Regional Market Analysis

Dynamics

Competitive Landscape

Company Profiling

Page 3: Global Plastic Additives Market: Size, Trends & Forecasts ...€¦ · Antioxidants, Antimicrobials, UV Stabilizers and Others); Plastic (Engineering Plastic, High-Performance Plastic

Global Plastic Additives Market: Coverage

Attributes Details

Title Global Plastic Additives Market: Size, Trends & Forecasts (2019-2023)

Coverage Global and Regional

Regional Coverage Asia Pacific, Europe, North America, South America, Middle East and Africa

Market Influencing Variables Growth Drivers, Challenges, Market Trends

Forecast Period of Market 2019-2023

Competition in the Market Fragmented

Key Players BASF SE, Clariant, Evonik Industries AG, DowDuPont Inc.

Scope of the Report

Page 4: Global Plastic Additives Market: Size, Trends & Forecasts ...€¦ · Antioxidants, Antimicrobials, UV Stabilizers and Others); Plastic (Engineering Plastic, High-Performance Plastic

Global Plastic Additives Market

The day-to-day activities of an individual involve the use of plastic goods. A large number of plastics have been developed and used as amaterial for the households, commercial and industrial purpose. All the plastic products are made from polymer mixed with acombination of materials, known as additives. Plastic additives are added in polymer to improve the performance, process-ability andother characteristics such as shine, strength, durability, heat resistance, etc.

Plastic additives provide various benefits to the plastics. Plastic additives are used to improve processing conditions of plastics, obtainbetter impact resistance, increase flame resistance, change the appearance of a plastic, increase or decrease hardness, control surfacetension, increase the strength of a plastic, facilitate extrusion blocking, reduce costs, and make plastic more eco-friendly.

The plastic additives market can be segmented on the basis of product types (Plasticizers, Flame Retardants, Impact Modifiers,Antioxidants, Antimicrobials, UV Stabilizers and Others); Plastic (Engineering Plastic, High-Performance Plastic and Commodity Plastic);Function (Modifiers, Extenders, Stabilizers and Processing Aids) and Application (Packaging, Construction, Consumer Goods, Automotiveand Other Applications).

The global plastic additives market has increased at a significant CAGR during the years 2015-2018 and projections are made that themarket would rise in the next four years i.e. 2019-2023 tremendously. The plastic additives market is expected to increase due to thegrowing consumption of plastic, increasing construction activities, escalating use of plastic in packaging industry, rising industrialactivities, etc. Yet the market faces some challenges such as growing concern towards hazardousness of plastics, stringent governmentregulations, etc.

Executive Summary

Page 5: Global Plastic Additives Market: Size, Trends & Forecasts ...€¦ · Antioxidants, Antimicrobials, UV Stabilizers and Others); Plastic (Engineering Plastic, High-Performance Plastic

Global Plastic Additives Market

Market Overview

Specialty Chemicals Market

Plastic Additives Market

Page 6: Global Plastic Additives Market: Size, Trends & Forecasts ...€¦ · Antioxidants, Antimicrobials, UV Stabilizers and Others); Plastic (Engineering Plastic, High-Performance Plastic

Plastic Additives Market: Global Analysis

Global Plastic Additives Market by Value

The global plastic additives market, valued at US$.... billion in 2018, increased as compared to US$... billion in 2017 at a CAGR of ….% from 2015 to 2018. The global plastic additives market is anticipated to reach up to US$... billion by 2023 from US$... billion in 2019..

CAGRs

2015-2018 xx%

2019-2023 xx%

2019 2020 2021 2022 2023

US

$ B

illio

n

2015 2016 2017 2018

US

$ B

illio

n

Page 7: Global Plastic Additives Market: Size, Trends & Forecasts ...€¦ · Antioxidants, Antimicrobials, UV Stabilizers and Others); Plastic (Engineering Plastic, High-Performance Plastic

Plastic Additives Market: Global Analysis

Global Plastic Additives Market by Volume

The global plastic additives market volume stood at .... million tonnes in 2018, increased as compared to ... million tonnes in 2017 at a CAGR of ….% from 2014 to 2018. The global plastic additives market is anticipated to reach up to ... million tonnes by 2023 from ... million tonnes in 2019..

CAGRs

2014-2018 xx%

2019-2023 xx%

2014 2015 2016 2017 2018

Millio

n T

on

nes

2019 2020 2021 2022 2023

Millio

n T

on

nes

Page 8: Global Plastic Additives Market: Size, Trends & Forecasts ...€¦ · Antioxidants, Antimicrobials, UV Stabilizers and Others); Plastic (Engineering Plastic, High-Performance Plastic

Plastic Additives Market: Global Analysis

Function Share

Modifiers xx%

Extenders xx%

Processing Aids xx%

Stabilizers xx%

Global Plastic Additives Market by Function; 2018

Page 9: Global Plastic Additives Market: Size, Trends & Forecasts ...€¦ · Antioxidants, Antimicrobials, UV Stabilizers and Others); Plastic (Engineering Plastic, High-Performance Plastic

Plastic Additives Market: Global Analysis

Asia Pacific, xx%

Europe, xx%

North America, xx%

South America, xx%

Middle East & Africa, xx%

Application Share

Packaging xx%

Consumer Goods xx%

Automotives xx%

Construction xx%

Others xx%

Global Plastic Additives Market by Region; 2018

Global Plastic Additives Market by Application; 2018

Page 10: Global Plastic Additives Market: Size, Trends & Forecasts ...€¦ · Antioxidants, Antimicrobials, UV Stabilizers and Others); Plastic (Engineering Plastic, High-Performance Plastic

Plastic Additives Market: Global Analysis

Application Share

Packaging xx%

Consumer Goods xx%

Construction xx%

Automotives xx%

Others xx%

Global Plastic Additives Market Volume by Function; 2018

Global Plastic Additives Market Volume by Application; 2018

Function Share

Extenders xx%

Modifiers xx%

Processing Aids xx%

Stabilizers xx%

Page 11: Global Plastic Additives Market: Size, Trends & Forecasts ...€¦ · Antioxidants, Antimicrobials, UV Stabilizers and Others); Plastic (Engineering Plastic, High-Performance Plastic

Plastic Additives Market: Function Analysis

Global Modifiers Plastic Additives Market by Value

Function CAGR

Modifiers xx%

Extenders xx%

Stabilizers xx%

Processing Aids xx%

Global Extenders Plastic Additives Market by Value

Global Stabilizers Plastic Additives Market by Value

2019 2020 2021 2022 2023

US

$ B

illio

n

2019 2020 2021 2022 2023

US

$ B

illio

n2019 2020 2021 2022 2023

US

$ B

illio

n

Page 12: Global Plastic Additives Market: Size, Trends & Forecasts ...€¦ · Antioxidants, Antimicrobials, UV Stabilizers and Others); Plastic (Engineering Plastic, High-Performance Plastic

Plastic Additives Market: Application Analysis

Global Packaging Plastic Additives Market by Value

Application CAGR

Packaging xx%

Consumer Goods xx%

Construction xx%

Automotive xx%

Others xx%

Global Consumer Goods Plastic Additives Market by Value

Global Construction Plastic Additives Market by Value

2019 2020 2021 2022 2023

US

$ B

illio

n

2019 2020 2021 2022 2023

US

$ B

illio

n

2019 2020 2021 2022 2023

US

$ B

illio

n

Page 13: Global Plastic Additives Market: Size, Trends & Forecasts ...€¦ · Antioxidants, Antimicrobials, UV Stabilizers and Others); Plastic (Engineering Plastic, High-Performance Plastic

Plastic Additives Market: Regional Analysis

Asia Pacific Plastic Additives Market by Value

Europe Plastic Additives Market by ValueRegion CAGR

2019-2023

Asia Pacific xx%

Europe xx%

North America xx%

South America xx%

Middle East & Africa xx%

2019 2020 2021 2022 2023

US

$ B

illio

n

2019 2020 2021 2022 2023

US

$ B

illio

n

North America Plastic Additives Market by Value

2019 2020 2021 2022 2023

US

$ B

illio

n

Page 14: Global Plastic Additives Market: Size, Trends & Forecasts ...€¦ · Antioxidants, Antimicrobials, UV Stabilizers and Others); Plastic (Engineering Plastic, High-Performance Plastic

Plastic Additives Market: Dynamics

Growth Driver

•Growing Consumption of Plastics

•Escalating Use of Plastic in Packaging Industry

Challenges

•Growing Concern towards Hazardousness of Plastics

•Stringent Government Regulations

Market Trends

•Growing Popularity of Bio-based Plasticizers

•Replacement of Conventional Material by Plastic

Page 15: Global Plastic Additives Market: Size, Trends & Forecasts ...€¦ · Antioxidants, Antimicrobials, UV Stabilizers and Others); Plastic (Engineering Plastic, High-Performance Plastic

Plastic Additives Market: Competitive Landscape

• BASF SE

• Clariant

• Evonik Industries AG

• DowDuPont Inc.

Players Profiled

Note: The graphs on this slide are only for sample representation.