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Report
Plastic Additives Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Report I 2023-09-04 I 147 Pages I IMARC Group
Market Overview:
The global plastic additives market size reached US$ 50.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 69.7 Billion by 2028, exhibiting a growth rate (CAGR) of 5.5% during 2023-2028.
A plastic additive is a chemical compound that is added to polymers to improve the chemical and physical properties of plastic products. It acts as a catalyst or filler to improve the strength to weight ratio, luster, durability, corrosion resistance and heat sensitivity of the product. Some of the commonly used plastic additives include property extenders, modifiers, stabilizers and processing aids, which are used for commodity, engineering and high-performance plastics. Owing to these benefits, they also find extensive applications across various industries, including packaging, construction, automotive and manufacturing.
The rapid industrialization across the globe is one of the key factors driving the growth of the market. Furthermore, the replacement of conventional materials used in the production of consumer goods and various textiles, agricultural and medical products is also providing a boost to the market growth. For instance, plastic products with enhanced mechanical and electrical properties are used in place of traditionally used materials, such as glass, paper, ceramic and metal. Additionally, the rising product demand from the packaging industry is also creating a positive outlook for the market growth. Polyvinyl chloride (PVC), polyethylene terephthalate (PET), low-density polyethylene (LDPE), and high-density polyethylene (HDPE) are among the most commonly used packaging materials across the globe. They are often treated with plastic additives to extend their operational life, appearance and mechanical properties. Other factors, including the growing demand for disposable and reusable plastic products from the medical industry, along with the widespread adoption of 3D printing technologies, are projected to drive the market further.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global plastic additives market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on additive type, plastic type, application and function.
Breakup by Additive Type:
Plasticizers
Stabilizers
Flame Retardants
Impact Modifiers
Others
Breakup by Plastic Type:
Commodity Plastic
Engineering Plastic
High Performance Plastic
Breakup by Application:
Packaging
Automotive
Consumer Goods
Construction
Others
Breakup by Function:
Property Modifiers
Property Stabilizers
Property Extenders
Processing Aids
Breakup by Region:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being Akzonobel NV, Albemarle Corporation, BASF, Clariant AG, Dow Chemical Company, DuPont de Nemours Inc., Evonik Industries AG, Kaneka Corporation, Lanxess AG and Songwon Industrial Co. Ltd., etc.
Key Questions Answered in This Report
1. What is the market size for the global plastic additives market?
2. What is the global plastic additives market growth?
3. What are the global plastic additives market drivers?
4. What are the key industry trends in the global plastic additives market?
5. What is the impact of COVID-19 on the global plastic additives market?
6. What is the global plastic additives market breakup by additive type?
7. What is the global plastic additives market breakup by plastic type?
8. What is the global plastic additives market breakup by application?
9. What is the global plastic additives market breakup by function?
10. What are the major regions in the global plastic additives market?
11. Who are the key companies/players in the global plastic additives market?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Plastic Additives Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Additive Type
6.1 Plasticizers
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Stabilizers
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Flame Retardants
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Impact Modifiers
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Others
6.5.1 Market Trends
6.5.2 Market Forecast
7 Market Breakup by Plastic Type
7.1 Commodity Plastic
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Engineering Plastic
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 High Performance Plastic
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Application
8.1 Packaging
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Automotive
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Consumer Goods
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Construction
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Others
8.5.1 Market Trends
8.5.2 Market Forecast
9 Market Breakup by Function
9.1 Property Modifiers
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Property Stabilizers
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Property Extenders
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Processing Aids
9.4.1 Market Trends
9.4.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Indicators
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 Akzonobel NV
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.1.3 Financials
15.3.1.4 SWOT Analysis
15.3.2 Albemarle Corporation
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.2.3 Financials
15.3.2.4 SWOT Analysis
15.3.3 BASF
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.3.3 Financials
15.3.3.4 SWOT Analysis
15.3.4 Clariant AG
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.4.3 Financials
15.3.5 Dow Chemical Company
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.6 DuPont de Nemours Inc.
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.7 Evonik Industries AG
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.7.3 Financials
15.3.7.4 SWOT Analysis
15.3.8 Kaneka Corporation
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.8.3 Financials
15.3.8.4 SWOT Analysis
15.3.9 Lanxess AG
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.9.3 Financials
15.3.9.4 SWOT Analysis
15.3.10 Songwon Industrial Co. Ltd.
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
15.3.10.3 Financials
15.3.10.4 SWOT Analysis
Figure 1: Global: Plastic Additives Market: Major Drivers and Challenges
Figure 2: Global: Plastic Additives Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Plastic Additives Market: Breakup by Additive Type (in %), 2022
Figure 4: Global: Plastic Additives Market: Breakup by Plastic Type (in %), 2022
Figure 5: Global: Plastic Additives Market: Breakup by Application (in %), 2022
Figure 6: Global: Plastic Additives Market: Breakup by Function (in %), 2022
Figure 7: Global: Plastic Additives Market: Breakup by Region (in %), 2022
Figure 8: Global: Plastic Additives Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 9: Global: Plastic Additives (Plasticizers) Market: Sales Value (in Million US$), 2017 & 2022
Figure 10: Global: Plastic Additives (Plasticizers) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 11: Global: Plastic Additives (Stabilizers) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: Global: Plastic Additives (Stabilizers) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: Global: Plastic Additives (Flame Retardants) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: Plastic Additives (Flame Retardants) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: Plastic Additives (Impact Modifiers) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: Plastic Additives (Impact Modifiers) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: Plastic Additives (Other Additives) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: Plastic Additives (Other Additives) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: Plastic Additives (Commodity Plastic) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: Plastic Additives (Commodity Plastic) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Global: Plastic Additives (Engineering Plastic) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: Plastic Additives (Engineering Plastic) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Global: Plastic Additives (High Performance Plastic) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: Global: Plastic Additives (High Performance Plastic) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: Global: Plastic Additives (Packaging) Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: Global: Plastic Additives (Packaging) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: Global: Plastic Additives (Automotive) Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: Global: Plastic Additives (Automotive) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: Global: Plastic Additives (Consumer Goods) Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: Global: Plastic Additives (Consumer Goods) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: Global: Plastic Additives (Construction) Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: Global: Plastic Additives (Construction) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: Global: Plastic Additives (Others) Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: Global: Plastic Additives (Others) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: Global: Plastic Additives (Property Modifiers) Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: Global: Plastic Additives (Property Modifiers) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: Global: Plastic Additives (Property Stabilizers) Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: Global: Plastic Additives (Property Stabilizers) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: Global: Plastic Additives (Property Extenders) Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: Global: Plastic Additives (Property Extenders) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 41: Global: Plastic Additives (Processing Aids) Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: Global: Plastic Additives (Processing Aids) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 43: North America: Plastic Additives Market: Sales Value (in Million US$), 2017 & 2022
Figure 44: North America: Plastic Additives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 45: United States: Plastic Additives Market: Sales Value (in Million US$), 2017 & 2022
Figure 46: United States: Plastic Additives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 47: Canada: Plastic Additives Market: Sales Value (in Million US$), 2017 & 2022
Figure 48: Canada: Plastic Additives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 49: Asia Pacific: Plastic Additives Market: Sales Value (in Million US$), 2017 & 2022
Figure 50: Asia Pacific: Plastic Additives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 51: China: Plastic Additives Market: Sales Value (in Million US$), 2017 & 2022
Figure 52: China: Plastic Additives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 53: Japan: Plastic Additives Market: Sales Value (in Million US$), 2017 & 2022
Figure 54: Japan: Plastic Additives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 55: India: Plastic Additives Market: Sales Value (in Million US$), 2017 & 2022
Figure 56: India: Plastic Additives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 57: South Korea: Plastic Additives Market: Sales Value (in Million US$), 2017 & 2022
Figure 58: South Korea: Plastic Additives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 59: Australia: Plastic Additives Market: Sales Value (in Million US$), 2017 & 2022
Figure 60: Australia: Plastic Additives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 61: Indonesia: Plastic Additives Market: Sales Value (in Million US$), 2017 & 2022
Figure 62: Indonesia: Plastic Additives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 63: Others: Plastic Additives Market: Sales Value (in Million US$), 2017 & 2022
Figure 64: Others: Plastic Additives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 65: Europe: Plastic Additives Market: Sales Value (in Million US$), 2017 & 2022
Figure 66: Europe: Plastic Additives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 67: Germany: Plastic Additives Market: Sales Value (in Million US$), 2017 & 2022
Figure 68: Germany: Plastic Additives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 69: France: Plastic Additives Market: Sales Value (in Million US$), 2017 & 2022
Figure 70: France: Plastic Additives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 71: United Kingdom: Plastic Additives Market: Sales Value (in Million US$), 2017 & 2022
Figure 72: United Kingdom: Plastic Additives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 73: Italy: Plastic Additives Market: Sales Value (in Million US$), 2017 & 2022
Figure 74: Italy: Plastic Additives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 75: Spain: Plastic Additives Market: Sales Value (in Million US$), 2017 & 2022
Figure 76: Spain: Plastic Additives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 77: Russia: Plastic Additives Market: Sales Value (in Million US$), 2017 & 2022
Figure 78: Russia: Plastic Additives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 79: Others: Plastic Additives Market: Sales Value (in Million US$), 2017 & 2022
Figure 80: Others: Plastic Additives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 81: Latin America: Plastic Additives Market: Sales Value (in Million US$), 2017 & 2022
Figure 82: Latin America: Plastic Additives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 83: Brazil: Plastic Additives Market: Sales Value (in Million US$), 2017 & 2022
Figure 84: Brazil: Plastic Additives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 85: Mexico: Plastic Additives Market: Sales Value (in Million US$), 2017 & 2022
Figure 86: Mexico: Plastic Additives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 87: Others: Plastic Additives Market: Sales Value (in Million US$), 2017 & 2022
Figure 88: Others: Plastic Additives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 89: Middle East and Africa: Plastic Additives Market: Sales Value (in Million US$), 2017 & 2022
Figure 90: Middle East and Africa: Plastic Additives Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 91: Global: Plastic Additives Industry: SWOT Analysis
Figure 92: Global: Plastic Additives Industry: Value Chain Analysis
Figure 93: Global: Plastic Additives Industry: Porters Five Forces Analysis
Table 1: Global: Plastic Additives Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Plastic Additives Market Forecast: Breakup by Additive Type (in Million US$), 2023-2028
Table 3: Global: Plastic Additives Market Forecast: Breakup by Plastic Type (in Million US$), 2023-2028
Table 4: Global: Plastic Additives Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 5: Global: Plastic Additives Market Forecast: Breakup by Function (in Million US$), 2023-2028
Table 6: Global: Plastic Additives Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 7: Global: Plastic Additives Market: Competitive Structure
Table 8: Global: Plastic Additives Market: Key Players
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