Uploaded on Apr 12, 2021
Market Research Future Publish New Market Research Report On-“Plastic Additives Market 2020 Global Key Manufacturers Analysis, Sales, Supply, Demand and Forecast to 2027”
Plastic Additives Market_PPT
Plastic Additives MARKET 2020 Industry Survey, Growth, Competitive Landscape and Forecasts to 2023 PREPARED BY Market Research Future (Part of Wantstats Research & Media Pvt. Ltd.) Plastic Additives MARKET 2020 Plastic Additives Market 2020: Industry Survey, Growth, Competitive Landscape and Forecasts to 2023 The plastic additives market is predicted to touch a revenue of USD 900 billion by the end of 2023. The market is anticipated to expand at a staggering CAGR over the assessment period (2018-2023) owing to the increasing awareness of the consumers regarding food contamination, asserts Market Research Future (MRFR). Plastic additives are significant chemical components which are added to polymer or plastic to modify, alter, and enhance its chemical and physical properties. The end-product which is obtained after the addition of additives exhibit physical properties such as increased density, lower glass transition temperature, and reduced weight. Drivers and Restraints Impacting the Market Plastic additives serve almost all end-user industries where polymer products are in use. With the growing consumer awareness regarding food contamination from containers along with loose sold food products are driving the market growth over the forecast period. Also, the shifting consumer trend from sedentary to a healthier lifestyle when it comes to consuming healthier food is favoring the growth for packaging industry. With the growing use of eco-friendly packaging materials, the global plastic additives market is expected to stimulate over the assessment period. Moreover, the rapid urbanization along with changing lifestyle of the people is anticipated to trigger the demand for plastic additives over the assessment period. 2 www.marketresearchfuture.com Plastic Additives MARKET 2020 Market Segmentation: The global plastic additives market has been segmented on the basis of end-use industry, type, and region. By mode of type, the global plastic additives market is segmented into impact modifiers, antioxidants, UV-stabilizers, plasticizers, flame retardants, antimicrobials, and others. Among these, the plasticizers segment was estimated to lead the market. Use of plasticizers is banned in toys and childcare articles due to their carcinogenic nature. Growing regulations regarding workplace safety has boosted the flame retardants industry growth. By mode of end-use industry, the global plastic additives market is segmented into automotive, packaging, agriculture, electrical & electronics, building & construction, consumer goods, and others. Among these, the packaging industry holds the largest share owing to its properties such as low reactivity, lightweight, availability in various colors, moisture and chemical resistance, and others. Enquiry of the Report: https://www.marketresearchfuture.com/enquiry/1753 3 www.marketresearchfuture.com Plastic Additives MARKET 2020 Regional Analysis Geographically, the plastic additives market spans across regions namely, North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. Among all the regions, Asia Pacific is predicted to dominate the market globally due to the growing demand for the product from the packaging industry along with the increasing population. Moreover, Japan, China, and India are the major contributors due to the presence of end-use industries such as building and construction, packaging, and consumer goods. The North American region is estimated to hold the second-largest share owing to the growing demand for packaging in industrial and household applications. The US is the major contributor in this region owing to the presence of high technological advancements and presence of major market players. Europe also holds a significant market share owing to the growing R&D activities in plastic materials. The U.K, Belgium, Germany, and the Netherlands are the major economies in this region contributing to the market growth. Meanwhile, the Latin American region along with the Middle East and Africa holds relatively less market share. Browse Report @ https://www.marketresearchfuture.com/reports/plastic-additives- market-1753 4 www.marketresearchfuture.com Plastic Additives MARKET 2020 Application & Major Players in this Research: Plastic Additives Market Prominent Players: Some of the important players operating the global market for plastic additives are AkzoNobel NV ( the Netherland), L. N. Chemical Industries (India), Solvay SA (Belgium), SONGWON (South Korea), Evonik Industries AG (Germany), PMC Group Inc. (the U.S), Clariant AG (Switzerland), Albemarle Corporation (US), BASF SE (Germany), Styro Chemical Industries (India), and more Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/1753 5 www.marketresearchfuture.com ABOUT US MARKET RESEARCH FUTURE At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members. For more information kindly visit www.marketresearchfuture.com or contact us at [email protected] Copyright © 2020 Market Research Future All Rights Reserved. This document contains highly confidential information and is the sole property of Market Research Future. No part of it may be circulated, copied, quoted, or otherwise reproduced without the written approval of Market Research Future. 6 www.marketresearchfuture.com MARKET RETSHEANAKR YCOHU [email protected] Ph: +1-646-845-9349 (US) FUTUPh: +R44 208 E133 9349 (UK) 7 www.marketresearchfuture.com
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