Polymer additives can broadly be classified as polymer stabilizers or functional agents. Polymer stabilizers are essential to practical use, since they maintain the inherent properties, color, and other characteristics of plastics by preventing the oxidative degradation caused by high temperature during processing, and ultraviolet exposure during use. Functional additives, on the other hand, are added to further improvement the mechanical strength of plastics or impart new properties, such as flexibility or flame retardancy, thereby expanding the range of application of plastics and enhancing their commercial value.
MARKET SCOPE
The "Global Polymer Additives Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry, focusing on the global polymer additives market trend analysis. The report aims to provide an overview of the polymer additives market with detailed market segmentation by type, application, and geography. The global polymer additives market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading polymer additives players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global polymer additives market is segmented on the basis type, application, and geography. Based on type, the market is classified into stabilizers, plasticizers, antioxidants, flame retardants, and others. By application, the market is segmented into PVC and vinyl, polyolefin, biopolymers, polyethylene, and others.
MARKET DYNAMICS
Growing demand of polymer additives in automotive and packaging industries is driving the market growth. Furthermore, emergence of polymer additives as a conductor in carbon nanotubes and nanofibers application is fostrig its demand. However, stringent government regulations and bans on usage of petroleum-based polymers are expected to hinder the market growth. Moreover, unexplored regions of pharmaceutical and agricultural packaging industry are expected to foster the growth in the market during the forecasted period.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides polymer additives market size and forecast estimates from 2018 to 2025 with respect to five major regions?North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America. The polymer additives market by each region is later sub-segmented by countries and segments. The report covers the analysis and forecast of 18 countries and the current trends and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply sides, and further evaluates market dynamics?i.e., drivers, restraints, opportunities, and future trends?that may affect the market performance during the forecast period. The report also provides exhaustive PEST analysis for all five regions?North America, Europe, APAC, MEA, and South America after evaluating political, economic, social, and technological factors affecting the polymer additives market share in these regions.
MARKET PLAYERS
The report covers key developments in the polymer 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 the way for the expansion of business and customer base. The market payers are anticipated to have lucrative growth opportunities with the rising demand for polymer additives in the global market.
The report also includes key company profiles along with their SWOT analysis and market strategies in the polymer additives market. In addition, the report focuses on leading industry players with information such as components and services offered, financial information of the last 3 years, and key developments in the past five years.
- BASF SE
- Clariant Ltd.
- Dow
- Exxon Mobil Corporation
- HPL Additives Limited.
- KANEKA CORPORATION
- Lanxess
- Mitsui Chemicals, Inc.
- Nouryon
- Zeon Chemicals L.P