Uploaded on Jun 28, 2021
Market Research Future Publish New Market Research Report On-“Plastic Antioxidants Market 2021 Global Analysis, Size, Share, Trends, Opportunities and Growth, Forecast 2027”
Plastic Antioxidants Market_PDF
Plastic Antioxidants Market Research Report - Global Forecast till
2024
Plastic Antioxidants Market
R esearch Report - Global
Forecast till 2024
P a g e | 1 Copyright © 2017 Market Research Future.
Plastic Antioxidants Market Research Report - Global Forecast till
2024
1 Summary
The inhibitors which are added in the resins to protect the materials or equipment are called
Plastic Antioxidants. It has various significant properties such as excellent tensile strength,
protection against thermally induced oxidation with impact resistance. It is used to provide
flexibility, quality, and durability to the product.
Key Players:
Some of the major players functioning in the Global Plastic Antioxidants Market are BASF
SE(Germany), Solvay(Belgium), SI Group, Inc(U.S.), Dover Corporation(U.S.), SAKAI CHEMICAL
INDUSTRY CO.,LTD(Japan), Evonik Industries AG(Germany), LANXESS (Germany), Trigon
Antioxidants Pvt. Ltd.( India), Krishna Antioxidants Pvt. Ltd( India), Shandong Linyi Sunny Wealth
chemicals Co.,Ltd (China), among others.
P a g e | 2 Copyright © 2017 Market Research Future.
Plastic Antioxidants Market Research Report - Global Forecast till
2024
2 Market Overview
The Global Plastic Antioxidants Market has been driven by its growing consumption in various
sectors such as aerospace, automotive, coil, petrochemical, and others. Moreover, it is estimated
that the acrylonitrile butadiene styrene resin segment is set to witness the highest growth in the
market due to rising substitution of heavy metals by lightweight materials.
Regional Analysis:
The Global Plastic Antioxidants Market is spanned across five key regions of the world namely Asia
Pacific, North America, Europe, Latin America, and the Middle East & Africa. Among these, Asia
Pacific holds a major portion of the global market and is anticipated to continue its dominance due
to rising demand for plastic antioxidants market in various applications. Countries such as China,
Japan and India are the major players in this region. The North America region is estimated to
witness a higher growth in the U.S., Canada and Mexico owing to increasing demand for inhibitors
in aerospace, automotive, and energy sectors. A recognized growth is observed in the European
region owing to the growing consumption of lightweight materials in food packaging, automotive
and aerospace to produce pollution free and efficient vehicles. Moreover, it is projected that the
advancing research & development of product in the market has propelled this region to witness a
significant growth in Germany, the U.K. and Italy.
P a g e | 3 Copyright © 2017 Market Research Future.
Plastic Antioxidants Market Research Report - Global Forecast till
2024
3 Segmentation
The Global Plastic Antioxidants Market is segregated into polymer resin and antioxidants type. On
the basis of polymer resin, the market is further categorized into polyethylene, polypropylene,
polyvinylchloride, polystyrene, and acrylonitrile butadiene styrene. The most widely used resin
type in the market is polypropylene segment, due to its growing consumption in construction and
buildings, petrochemical and electronics industries. It is predicted that the acrylonitrile butadiene
styrene segment is set to grow at a higher CAGR due to excellent features offered by the product
such as tensile strength, optimal performance and ductility. Moreover, the market is driven by the
increasing consumption of polyethylene resins in heavy end industries.
On the Basis of Antioxidants Type, the market is segmented into phenolic, phosphite &
phosphonite, antioxidant blends. Between these, the phosphite & phosphonite is the leading
segment in the market and is anticipated to observe a rapid growth due to its ability to provide
counteract the effects of oxidation and corrosion. Moreover, the growing demand of polymers in
paints & coating, and automotive sectors is likely to fuel the phenolic segment, owing to its
capability to produce free radicals that can damage the cells.
P a g e | 4 Copyright © 2017 Market Research Future.
Plastic Antioxidants Market Research Report - Global Forecast till
2024
P a g e | 5 Copyright © 2017 Market Research Future.
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