April 13, 2024

Plastic Additives Market Size to Reach USD 90.69 Bn by 2033

The plastic additives market size is poised to grow by USD 90.69 billion by 2033 from USD 58.12 billion in 2023, exhibiting a CAGR of 4.55% during the forecast period 2024-2033.

Plastic Additives Market Size 2024 to 2033

Key Points

  • Asia Pacific held the largest market share of 55% in 2023.
  • North America is observed to grow at a significant rate during the forecast period.
  • By type, the plasticizers segment dominated the market with the largest share in 2023.
  • By type, the stabilizers segment is observed to witness the fastest rate of expansion during the forecast period.
  • By plastic type, the polypropylene segment held the largest share of the market in 2023.
  • By end-use, the automotive segment held the largest share of the market in 2023.

Precedence Research has conducted a comprehensive market study that provides valuable insights into the performance of the market during the forecast period. The study identifies significant trends that are shaping the growth of the Plastic additives market. In this recently published report, essential dynamics such as drivers, restraints, and opportunities are highlighted for both established market players and emerging participants involved in production and supply.

To begin with, the Plastic additives Market report features an executive summary that offers a concise overview of the marketplace. It outlines the key players and industry categories expected to have an impact on the market in the coming years. The executive summary provides an unbiased summary of the market.

Get a Sample Reporthttps://www.precedenceresearch.com/sample/3897

Plastic Additives Market Scope

Report Coverage Details
Global Market Size in 2023 USD 58.12 Billion
Global Market Size by 2033 USD 90.69 Billion
Growth Rate from 2024 to 2033 CAGR of 4.55%
Largest Market Asia Pacific
Base Year 2023
Forecast Period 2024 to 2033
Segments Covered By Type, By Plastic Type, and By End-use
Regions Covered North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa

Read More: Pharmaceutical Unit-dose Packaging Market Size, Trends, Report 2033

The empirical study on the global Plastic additives market primarily focuses on the drivers in subsequent sections. It demonstrates how changing demographics are projected to influence the supply and demand dynamics in the Plastic additives Market. Our market report for the Plastic additives market also delves into the significant rules and regulations that are likely to impact the future growth of this sector. Moreover, in order to comprehend the underlying demand factors, industry experts have provided insights into its fundamental origins.

Plastic Additives Market Companies

  • Songwon Industries Co. Ltd.
  • Exxon Mobil Corporation
  • KANEKA CORPORATION
  • Clariant Ltd.
  • Dow
  • Albemarle Corporation
  • Nouryon
  • Lanxess Corporation
  • BASF SE
  • Evonik Industries AG

Data Sources and Methodology

To gather comprehensive insights on the Global Plastic additives Market, we relied on a range of data sources and followed a well-defined methodology. Our approach involved interactions with industry experts and key stakeholders across the market’s value chain, including management organizations, processing organizations, and analytics service providers.

We followed a rigorous data analysis process to ensure the quality and credibility of our research. The gathered information was carefully evaluated, and relevant quantitative data was subjected to statistical analysis. By employing robust analytical techniques, we were able to derive meaningful insights and present a comprehensive overview of the Global Plastic additives Market.

The most resonating, simple, genuine, and important causes because of which you must decide to buy the Plastic additives market report exclusively from precedence research

  • The research report has been meticulously crafted to provide comprehensive knowledge on essential marketing strategies and a holistic understanding of crucial marketing plans spanning the forecasted period from 2024 to 2033.

Key Features of the Report:

  • Comprehensive Coverage: The report extensively encompasses a detailed explanation of highly effective analytical marketing methods applicable to companies across all industry sectors.
  • Decision-Making Enhancement: It outlines a concise overview of the decision-making process while highlighting key techniques to enhance it, ensuring favorable business outcomes in the future.
  • Articulated R&D Approach: The report presents a well-defined approach to conducting research and development (R&D) activities, enabling accurate data acquisition on current and future marketing conditions.

Market Segmentation:

By Type

  • Stabilizers
  • Antioxidants
  • Plasticizers
  • Antistatic agents
  • Anti-scratch additives
  • Rheology/Thickners
  • Flame retardants

By Plastic Type

  • Polystyrene
  • PVC
  • Polypropylene
  • Polyethylene
  • Engineering plastics
  • Others

By End-use

  • Automotive
  • Construction
  • Textiles
  • Electric and electronics
  • Packaging
  • Agriculture

By Geography

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

Reasons to Consider Purchasing the Report:

  • Enhance your market research capabilities by accessing this comprehensive and precise report on the global Plastic additives market.
  • Gain a thorough understanding of the overall market landscape and be prepared to overcome challenges while ensuring robust growth.
  • Benefit from in-depth research and analysis of the latest trends shaping the global Plastic additives market.
  • Obtain detailed insights into evolving market trends, current and future technologies, and strategic approaches employed by key players in the global Plastic additives market.
  • Receive valuable recommendations and guidance for both new entrants and established players seeking further market expansion.
  • Discover not only the cutting-edge technological advancements in the global Plastic additives market but also the strategic plans of industry leaders.

Table of Content

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Plastic Additives Market 

5.1. COVID-19 Landscape: Plastic Additives Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Plastic Additives Market, By Type

8.1. Plastic Additives Market Revenue and Volume, by Type, 2024-2033

8.1.1 Stabilizers

8.1.1.1. Market Revenue and Volume Forecast (2021-2033)

8.1.2. Antioxidants

8.1.2.1. Market Revenue and Volume Forecast (2021-2033)

8.1.3. Plasticizers

8.1.3.1. Market Revenue and Volume Forecast (2021-2033)

8.1.4. Antistatic

8.1.4.1. Market Revenue and Volume Forecast (2021-2033)

8.1.5. Anti-scratch additives

8.1.5.1. Market Revenue and Volume Forecast (2021-2033)

8.1.6. Rheology/Thickners

8.1.6.1. Market Revenue and Volume Forecast (2021-2033)

8.1.7. Flame Retardants

8.1.7.1. Market Revenue and Volume Forecast (2021-2033)

Chapter 9. Global Plastic Additives Market, By Plastic Type

9.1. Plastic Additives Market Revenue and Volume, by Plastic Type, 2024-2033

9.1.1. Polystyrene

9.1.1.1. Market Revenue and Volume Forecast (2021-2033)

9.1.2. PVC

9.1.2.1. Market Revenue and Volume Forecast (2021-2033)

9.1.3. Polypropylene

9.1.3.1. Market Revenue and Volume Forecast (2021-2033)

9.1.4. Polyethylene

9.1.4.1. Market Revenue and Volume Forecast (2021-2033)

9.1.5. Engineering plastics

9.1.5.1. Market Revenue and Volume Forecast (2021-2033)

9.1.6. Others

9.1.6.1. Market Revenue and Volume Forecast (2021-2033)

Chapter 10. Global Plastic Additives Market, By End-use 

10.1. Plastic Additives Market Revenue and Volume, by End-use, 2024-2033

10.1.1. Automotive

10.1.1.1. Market Revenue and Volume Forecast (2021-2033)

10.1.2. Construction

10.1.2.1. Market Revenue and Volume Forecast (2021-2033)

10.1.3. Textiles

10.1.3.1. Market Revenue and Volume Forecast (2021-2033)

10.1.4. Electric and electronics

10.1.4.1. Market Revenue and Volume Forecast (2021-2033)

10.1.5. Packaging

10.1.5.1. Market Revenue and Volume Forecast (2021-2033)

10.1.6. Agriculture

10.1.6.1. Market Revenue and Volume Forecast (2021-2033)

Chapter 11. Global Plastic Additives Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Volume Forecast, by Type (2021-2033)

11.1.2. Market Revenue and Volume Forecast, by Plastic Type (2021-2033)

11.1.3. Market Revenue and Volume Forecast, by End-use (2021-2033)

11.1.4. U.S.

11.1.4.1. Market Revenue and Volume Forecast, by Type (2021-2033)

11.1.4.2. Market Revenue and Volume Forecast, by Plastic Type (2021-2033)

11.1.4.3. Market Revenue and Volume Forecast, by End-use (2021-2033)

11.1.5. Rest of North America

11.1.5.1. Market Revenue and Volume Forecast, by Type (2021-2033)

11.1.5.2. Market Revenue and Volume Forecast, by Plastic Type (2021-2033)

11.1.5.3. Market Revenue and Volume Forecast, by End-use (2021-2033)

11.2. Europe

11.2.1. Market Revenue and Volume Forecast, by Type (2021-2033)

11.2.2. Market Revenue and Volume Forecast, by Plastic Type (2021-2033)

11.2.3. Market Revenue and Volume Forecast, by End-use (2021-2033)

11.2.4. UK

11.2.4.1. Market Revenue and Volume Forecast, by Type (2021-2033)

11.2.4.2. Market Revenue and Volume Forecast, by Plastic Type (2021-2033)

11.2.4.3. Market Revenue and Volume Forecast, by End-use (2021-2033)

11.2.5. Germany

11.2.5.1. Market Revenue and Volume Forecast, by Type (2021-2033)

11.2.5.2. Market Revenue and Volume Forecast, by Plastic Type (2021-2033)

11.2.5.3. Market Revenue and Volume Forecast, by End-use (2021-2033)

11.2.6. France

11.2.6.1. Market Revenue and Volume Forecast, by Type (2021-2033)

11.2.6.2. Market Revenue and Volume Forecast, by Plastic Type (2021-2033)

11.2.6.3. Market Revenue and Volume Forecast, by End-use (2021-2033)

11.2.7. Rest of Europe

11.2.7.1. Market Revenue and Volume Forecast, by Type (2021-2033)

11.2.7.2. Market Revenue and Volume Forecast, by Plastic Type (2021-2033)

11.2.7.3. Market Revenue and Volume Forecast, by End-use (2021-2033)

11.3. APAC

11.3.1. Market Revenue and Volume Forecast, by Type (2021-2033)

11.3.2. Market Revenue and Volume Forecast, by Plastic Type (2021-2033)

11.3.3. Market Revenue and Volume Forecast, by End-use (2021-2033)

11.3.4. India

11.3.4.1. Market Revenue and Volume Forecast, by Type (2021-2033)

11.3.4.2. Market Revenue and Volume Forecast, by Plastic Type (2021-2033)

11.3.4.3. Market Revenue and Volume Forecast, by End-use (2021-2033)

11.3.5. China

11.3.5.1. Market Revenue and Volume Forecast, by Type (2021-2033)

11.3.5.2. Market Revenue and Volume Forecast, by Plastic Type (2021-2033)

11.3.5.3. Market Revenue and Volume Forecast, by End-use (2021-2033)

11.3.6. Japan

11.3.6.1. Market Revenue and Volume Forecast, by Type (2021-2033)

11.3.6.2. Market Revenue and Volume Forecast, by Plastic Type (2021-2033)

11.3.6.3. Market Revenue and Volume Forecast, by End-use (2021-2033)

11.3.7. Rest of APAC

11.3.7.1. Market Revenue and Volume Forecast, by Type (2021-2033)

11.3.7.2. Market Revenue and Volume Forecast, by Plastic Type (2021-2033)

11.3.7.3. Market Revenue and Volume Forecast, by End-use (2021-2033)

11.4. MEA

11.4.1. Market Revenue and Volume Forecast, by Type (2021-2033)

11.4.2. Market Revenue and Volume Forecast, by Plastic Type (2021-2033)

11.4.3. Market Revenue and Volume Forecast, by End-use (2021-2033)

11.4.4. GCC

11.4.4.1. Market Revenue and Volume Forecast, by Type (2021-2033)

11.4.4.2. Market Revenue and Volume Forecast, by Plastic Type (2021-2033)

11.4.4.3. Market Revenue and Volume Forecast, by End-use (2021-2033)

11.4.5. North Africa

11.4.5.1. Market Revenue and Volume Forecast, by Type (2021-2033)

11.4.5.2. Market Revenue and Volume Forecast, by Plastic Type (2021-2033)

11.4.5.3. Market Revenue and Volume Forecast, by End-use (2021-2033)

11.4.6. South Africa

11.4.6.1. Market Revenue and Volume Forecast, by Type (2021-2033)

11.4.6.2. Market Revenue and Volume Forecast, by Plastic Type (2021-2033)

11.4.6.3. Market Revenue and Volume Forecast, by End-use (2021-2033)

11.4.7. Rest of MEA

11.4.7.1. Market Revenue and Volume Forecast, by Type (2021-2033)

11.4.7.2. Market Revenue and Volume Forecast, by Plastic Type (2021-2033)

11.4.7.3. Market Revenue and Volume Forecast, by End-use (2021-2033)

11.5. Latin America

11.5.1. Market Revenue and Volume Forecast, by Type (2021-2033)

11.5.2. Market Revenue and Volume Forecast, by Plastic Type (2021-2033)

11.5.3. Market Revenue and Volume Forecast, by End-use (2021-2033)

11.5.4. Brazil

11.5.4.1. Market Revenue and Volume Forecast, by Type (2021-2033)

11.5.4.2. Market Revenue and Volume Forecast, by Plastic Type (2021-2033)

11.5.4.3. Market Revenue and Volume Forecast, by End-use (2021-2033)

11.5.5. Rest of LATAM

11.5.5.1. Market Revenue and Volume Forecast, by Type (2021-2033)

11.5.5.2. Market Revenue and Volume Forecast, by Plastic Type (2021-2033)

11.5.5.3. Market Revenue and Volume Forecast, by End-use (2021-2033)

Chapter 12. Company Profiles

12.1. Songwon Industries Co. Ltd.

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. Exxon Mobil Corporation

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. KANEKA CORPORATION

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. Clariant Ltd.

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. Dow

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. Albemarle Corporation

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. Nouryon

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. Lanxess Corporation

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. BASF SE

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. Evonik Industries AG

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

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