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Plastic Antioxidants Market Report by Antioxidant Type (Phenolic, Phosphite and Phosphonite, Antioxidant Blends, and Others), Polymer Resin (Polypropylene, Polyethylene, Polyvinyl Chloride, Polystyrene, Acrylonitrile Butadiene Styrene), Form (Solid, Liquid), Application (Packaging, Construction, Automotive, and Others), and Region 2024-2032
Market Report I 2024-09-10 I 147 Pages I IMARC Group
The global plastic antioxidants market size reached US$ 4.1 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 6.7 Billion by 2032, exhibiting a growth rate (CAGR) of 5.4% during 2024-2032.
Plastic antioxidants help protect materials against thermal and light-assisted oxidation reactions that are caused by ultraviolet (UV) light exposure during high-temperature processing operations. They are utilized in a wide range of applications to enhance the appearance and maintain strength, stiffness, and flexibility of products while prolonging their service life. Nowadays, several manufacturers are offering multifunctional variants that have special molecular designs and combine primary and secondary functions in one compound.
Plastic Antioxidants Market Trends:
Polymers change over time when exposed to oxygen, light, radiation, excessive heat, and corrosive environments. This can lead to loss of impact strength, elongation, surface cracks, discoloration, and poor service life of products. As a result, plastic antioxidants are widely utilized in various end use industries to inhibit oxidative degradation and maintain the integrity of products during long-term storage. Apart from this, plastic antioxidants are extensively utilized in the manufacturing of a wide range of polymer-based interior and exterior components of vehicles, such as bumpers, dashboards, steering wheels, and switches. In addition to this, stringent emission standards implemented by governing agencies of several countries are encouraging original equipment manufacturers (OEMs) to adopt plastic antioxidants in modern vehicles. Plastic antioxidants assist in minimizing the risk of excessive volatile organic compound (VOC) emissions caused by polymer degradation. Besides this, the expanding use of medical equipment worldwide on account of the growing prevalence of acute and chronic diseases and the rising geriatric population is contributing to the market growth. Furthermore, the emerging trend of sports accessories and electronic items, such as cable insulation and circuit boards, is driving the applications of plastic antioxidants in the telecommunications, electronics, and sports industries across the globe.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global plastic antioxidants market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on antioxidant type, polymer resin, form and application.
Breakup by Antioxidant Type:
- Phenolic
- Phosphite and Phosphonite
- Antioxidant Blends
- Others
Breakup by Polymer Resin:
- Polypropylene
- Polyethylene
- Polyvinyl Chloride
- Polystyrene
- Acrylonitrile Butadiene Styrene
Breakup by Form:
- Solid
- Liquid
Breakup by Application:
- Packaging
- Construction
- Automotive
- Others
Breakup by Region:
- North America
o United States
o Canada
- Asia-Pacific
o China
o Japan
o India
o South Korea
o Australia
o Indonesia
o Others
- Europe
o Germany
o France
o United Kingdom
o Italy
o Spain
o Russia
o Others
- Latin America
o Brazil
o Mexico
o Others
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being 3V Sigma S.p.A., Adeka Corporation, BASF SE, Clariant AG, Dover Chemical Corporation (ICC Industries Inc.), Everspring Chemical Co. Ltd., Evonik Industries AG, Lanxess AG, LyondellBasell Industries N.V., Solvay S.A., Songwon Industrial Co. Ltd., Sumitomo Chemical Co. Ltd. and Synthomer plc.
Key Questions Answered in This Report:
- How has the global plastic antioxidants market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global plastic antioxidants market?
- What are the key regional markets?
- What is the breakup of the market based on the antioxidant type?
- What is the breakup of the market based on the polymer resin?
- What is the breakup of the market based on the form?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global plastic antioxidants market and who are the key players?
- What is the degree of competition in the industry?
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 Antioxidants Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Antioxidant Type
6.1 Phenolic
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Phosphite and Phosphonite
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Antioxidant Blends
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Others
6.4.1 Market Trends
6.4.2 Market Forecast
7 Market Breakup by Polymer Resin
7.1 Polypropylene
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Polyethylene
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Polyvinyl Chloride
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Polystyrene
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Acrylonitrile Butadiene Styrene
7.5.1 Market Trends
7.5.2 Market Forecast
8 Market Breakup by Form
8.1 Solid
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Liquid
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by Application
9.1 Packaging
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Construction
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Automotive
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Others
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 Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 3V Sigma S.p.A.
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.2 Adeka Corporation
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.2.3 Financials
15.3.3 BASF SE
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 Dover Chemical Corporation (ICC Industries Inc.)
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.6 Everspring Chemical Co. Ltd.
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 Lanxess AG
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 LyondellBasell Industries N.V.
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 Solvay S.A.
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
15.3.10.3 Financials
15.3.10.4 SWOT Analysis
15.3.11 Songwon Industrial Co. Ltd.
15.3.11.1 Company Overview
15.3.11.2 Product Portfolio
15.3.11.3 Financials
15.3.11.4 SWOT Analysis
15.3.12 Sumitomo Chemical Co. Ltd.
15.3.12.1 Company Overview
15.3.12.2 Product Portfolio
15.3.12.3 Financials
15.3.12.4 SWOT Analysis
15.3.13 Synthomer plc
15.3.13.1 Company Overview
15.3.13.2 Product Portfolio
15.3.13.3 Financials
Figure 1: Global: Plastic Antioxidants Market: Major Drivers and Challenges
Figure 2: Global: Plastic Antioxidants Market: Sales Value (in Billion US$), 2018-2023
Figure 3: Global: Plastic Antioxidants Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 4: Global: Plastic Antioxidants Market: Breakup by Antioxidant Type (in %), 2023
Figure 5: Global: Plastic Antioxidants Market: Breakup by Polymer Resin (in %), 2023
Figure 6: Global: Plastic Antioxidants Market: Breakup by Form (in %), 2023
Figure 7: Global: Plastic Antioxidants Market: Breakup by Application (in %), 2023
Figure 8: Global: Plastic Antioxidants Market: Breakup by Region (in %), 2023
Figure 9: Global: Plastic Antioxidants (Phenolic) Market: Sales Value (in Million US$), 2018 & 2023
Figure 10: Global: Plastic Antioxidants (Phenolic) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 11: Global: Plastic Antioxidants (Phosphite and Phosphonite) Market: Sales Value (in Million US$), 2018 & 2023
Figure 12: Global: Plastic Antioxidants (Phosphite and Phosphonite) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 13: Global: Plastic Antioxidants (Antioxidant Blends) Market: Sales Value (in Million US$), 2018 & 2023
Figure 14: Global: Plastic Antioxidants (Antioxidant Blends) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 15: Global: Plastic Antioxidants (Other Antioxidant Types) Market: Sales Value (in Million US$), 2018 & 2023
Figure 16: Global: Plastic Antioxidants (Other Antioxidant Types) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 17: Global: Plastic Antioxidants (Polypropylene) Market: Sales Value (in Million US$), 2018 & 2023
Figure 18: Global: Plastic Antioxidants (Polypropylene) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 19: Global: Plastic Antioxidants (Polyethylene) Market: Sales Value (in Million US$), 2018 & 2023
Figure 20: Global: Plastic Antioxidants (Polyethylene) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 21: Global: Plastic Antioxidants (Polyvinyl Chloride) Market: Sales Value (in Million US$), 2018 & 2023
Figure 22: Global: Plastic Antioxidants (Polyvinyl Chloride) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 23: Global: Plastic Antioxidants (Polystyrene) Market: Sales Value (in Million US$), 2018 & 2023
Figure 24: Global: Plastic Antioxidants (Polystyrene) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 25: Global: Plastic Antioxidants (Acrylonitrile Butadiene Styrene) Market: Sales Value (in Million US$), 2018 & 2023
Figure 26: Global: Plastic Antioxidants (Acrylonitrile Butadiene Styrene) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 27: Global: Plastic Antioxidants (Solid) Market: Sales Value (in Million US$), 2018 & 2023
Figure 28: Global: Plastic Antioxidants (Solid) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 29: Global: Plastic Antioxidants (Liquid) Market: Sales Value (in Million US$), 2018 & 2023
Figure 30: Global: Plastic Antioxidants (Liquid) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 31: Global: Plastic Antioxidants (Packaging) Market: Sales Value (in Million US$), 2018 & 2023
Figure 32: Global: Plastic Antioxidants (Packaging) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 33: Global: Plastic Antioxidants (Construction) Market: Sales Value (in Million US$), 2018 & 2023
Figure 34: Global: Plastic Antioxidants (Construction) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 35: Global: Plastic Antioxidants (Automotive) Market: Sales Value (in Million US$), 2018 & 2023
Figure 36: Global: Plastic Antioxidants (Automotive) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 37: Global: Plastic Antioxidants (Other Applications) Market: Sales Value (in Million US$), 2018 & 2023
Figure 38: Global: Plastic Antioxidants (Other Applications) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 39: North America: Plastic Antioxidants Market: Sales Value (in Million US$), 2018 & 2023
Figure 40: North America: Plastic Antioxidants Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 41: United States: Plastic Antioxidants Market: Sales Value (in Million US$), 2018 & 2023
Figure 42: United States: Plastic Antioxidants Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 43: Canada: Plastic Antioxidants Market: Sales Value (in Million US$), 2018 & 2023
Figure 44: Canada: Plastic Antioxidants Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 45: Asia-Pacific: Plastic Antioxidants Market: Sales Value (in Million US$), 2018 & 2023
Figure 46: Asia-Pacific: Plastic Antioxidants Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 47: China: Plastic Antioxidants Market: Sales Value (in Million US$), 2018 & 2023
Figure 48: China: Plastic Antioxidants Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 49: Japan: Plastic Antioxidants Market: Sales Value (in Million US$), 2018 & 2023
Figure 50: Japan: Plastic Antioxidants Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 51: India: Plastic Antioxidants Market: Sales Value (in Million US$), 2018 & 2023
Figure 52: India: Plastic Antioxidants Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 53: South Korea: Plastic Antioxidants Market: Sales Value (in Million US$), 2018 & 2023
Figure 54: South Korea: Plastic Antioxidants Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 55: Australia: Plastic Antioxidants Market: Sales Value (in Million US$), 2018 & 2023
Figure 56: Australia: Plastic Antioxidants Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 57: Indonesia: Plastic Antioxidants Market: Sales Value (in Million US$), 2018 & 2023
Figure 58: Indonesia: Plastic Antioxidants Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 59: Others: Plastic Antioxidants Market: Sales Value (in Million US$), 2018 & 2023
Figure 60: Others: Plastic Antioxidants Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 61: Europe: Plastic Antioxidants Market: Sales Value (in Million US$), 2018 & 2023
Figure 62: Europe: Plastic Antioxidants Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 63: Germany: Plastic Antioxidants Market: Sales Value (in Million US$), 2018 & 2023
Figure 64: Germany: Plastic Antioxidants Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 65: France: Plastic Antioxidants Market: Sales Value (in Million US$), 2018 & 2023
Figure 66: France: Plastic Antioxidants Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 67: United Kingdom: Plastic Antioxidants Market: Sales Value (in Million US$), 2018 & 2023
Figure 68: United Kingdom: Plastic Antioxidants Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 69: Italy: Plastic Antioxidants Market: Sales Value (in Million US$), 2018 & 2023
Figure 70: Italy: Plastic Antioxidants Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 71: Spain: Plastic Antioxidants Market: Sales Value (in Million US$), 2018 & 2023
Figure 72: Spain: Plastic Antioxidants Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 73: Russia: Plastic Antioxidants Market: Sales Value (in Million US$), 2018 & 2023
Figure 74: Russia: Plastic Antioxidants Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 75: Others: Plastic Antioxidants Market: Sales Value (in Million US$), 2018 & 2023
Figure 76: Others: Plastic Antioxidants Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 77: Latin America: Plastic Antioxidants Market: Sales Value (in Million US$), 2018 & 2023
Figure 78: Latin America: Plastic Antioxidants Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 79: Brazil: Plastic Antioxidants Market: Sales Value (in Million US$), 2018 & 2023
Figure 80: Brazil: Plastic Antioxidants Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 81: Mexico: Plastic Antioxidants Market: Sales Value (in Million US$), 2018 & 2023
Figure 82: Mexico: Plastic Antioxidants Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 83: Others: Plastic Antioxidants Market: Sales Value (in Million US$), 2018 & 2023
Figure 84: Others: Plastic Antioxidants Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 85: Middle East and Africa: Plastic Antioxidants Market: Sales Value (in Million US$), 2018 & 2023
Figure 86: Middle East and Africa: Plastic Antioxidants Market: Breakup by Country (in %), 2023
Figure 87: Middle East and Africa: Plastic Antioxidants Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 88: Global: Plastic Antioxidants Industry: SWOT Analysis
Figure 89: Global: Plastic Antioxidants Industry: Value Chain Analysis
Figure 90: Global: Plastic Antioxidants Industry: Porter's Five Forces Analysis
Table 1: Global: Plastic Antioxidants Market: Key Industry Highlights, 2023 and 2032
Table 2: Global: Plastic Antioxidants Market Forecast: Breakup by Antioxidant Type (in Million US$), 2024-2032
Table 3: Global: Plastic Antioxidants Market Forecast: Breakup by Polymer Resin (in Million US$), 2024-2032
Table 4: Global: Plastic Antioxidants Market Forecast: Breakup by Form (in Million US$), 2024-2032
Table 5: Global: Plastic Antioxidants Market Forecast: Breakup by Application (in Million US$), 2024-2032
Table 6: Global: Plastic Antioxidants Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 7: Global: Plastic Antioxidants Market: Competitive Structure
Table 8: Global: Plastic Antioxidants Market: Key Players
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