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Plastic Additive Market is expected to reach $48.5 Billion by 2025 – An exclusive market research report by Lucintel

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Plastic Additive Market is expected to reach $48.5 Billion by 2025 – An exclusive market research report by Lucintel

September 23
22:30 2021
Plastic Additive Market is expected to reach $48.5 Billion by 2025 - An exclusive market research report by Lucintel
Trends and Forecast for the Global Plastic Additive Market
Trends, opportunities and forecast in plastic additive market to 2025 by product type (plasticizers, flame retardants, pigments, stabilizers, impact modifiers, antioxidants, blowing agents, and others), end use industry (construction, packaging, automotive, consumer goods, and others), plastic type (polyvinyl chloride (PVC), polyethylene (PE), polypropylene (PP), other commodity plastics, engineering plastics, and high performance plastics), by function (property modifiers, property stabilizers)

Lucintel’s latest market report analyzed that plastic additive provides attractive opportunities in the construction, packaging, consumer goods, and automotive industries. The plastic additive market is expected to reach $48.5 billion by 2025 with a CAGR of 2%. In this market, plasticizer is the largest segment by product type, whereas construction is largest by end use industry. The development of bio based plasticizers and growing consumption of nanopowder or nanoparticle aluminum hydroxides provides strategic growth path in this market.

Download Brochure of this report by clicking on https://www.lucintel.com/plastic-additive-market.aspx

Based on product type, the plastic additive market is segmented into plasticizers, flame retardants, pigments, stabilizers, impact modifiers, antioxidants, blowing agents, and others. The plasticizers segment is accounted for the largest share of the market in 2020 supported by growth in demand for flexible polyvinyl chloride (PVC) plastic in film & sheet, wire & cable, and flooring applications and flame retardant additive is expected to register the highest CAGR during the forecast period due to more stringent fire safety standards and growth in the markets of construction and electrical & electronics.

Browse in-depth TOC on “Plastic Additive Market”

125 – Tables

135 – Figures

242 – Pages

The plastic additive market is marked by the presence of several big and small players. Some of the prominent players offering plastic additive include Clariant, BASF SE, ExxonMobil, Akzo Nobel, and The DowDuPont, Evonik Industries, Lanxess, and Nabaltec and others.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected].

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

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