Performance additives are the substances that are added to fuels and automotive gasoline to get better performance. Performance additives offer benefits such as productivity, temperatures, and weights of the motor alongside the decrease of erosion between moving parts. Some of the benefits of performance additives include paints and coatings, lubricants, adhesives, and sealants, among others.
MARKET DYNAMICS
The performance additives market is estimated to grow during the forecast period owing to the substitution of conventional components by plastics in several applications. However, the imposition of government regulations on the use of plastics is expected to limit the growth of the performance additives market. On the other hand, the rise in demand from emerging nations is likely to showcase growth opportunities for the performance additives market during the forecast period.
MARKET SCOPE
The "Global Performance additives Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of performance additives market with detailed market segmentation by type, end user and geography. The global performance additives market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading performance additives market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global performance additives market is segmented on the basis of type and end user. Based on type, the market is segmented as ink additives, paints & coating additives, pigment additives, plastic additives, and rubber additives. On the basis of end user the market is categorized as automotive, construction, household goods, industrial, packaging, wood & furniture, and other end users.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global performance additives market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The performance additives market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting performance additives market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the performance additives market in these regions.
MARKET PLAYERS
The reports cover key developments in the performance additives market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from performance additives market are anticipated to lucrative growth opportunities in the future with the rising demand for performance additives market in the global market. Below mentioned is the list of few companies engaged in the performance additives market.
The report also includes the profiles of performance additives market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Akzo Nobel N.V.
- ALTANA
- Arkema
- BASF SE
- Clariant
- Dow
- Eastman Chemical Company
- Evonik
- Huntsman International LLC.
- LANXESS