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Plastic Additives Market by Type, Plastic And by Application - Global Trends & Forecasts to 2021

Plastic Additives Market: Forecasts until 2021

  • August 2016
  • 164 pages
  • ID: 4042226
In this report:
The plastic additives market in the automotive segment is expected to witness the fastest growth at a projected CAGR of ##.##% between 2016 and 2021, in terms of volume.
The plastic additives market in Spain is expected to witness a CAGR of ##.##% between 2016 and 2021, in terms of volume.
Flame retardants are expected to be the fastest-growing type of plastic additives, registering a CAGR of ##.##% between 2016 and 2021, in terms of volume.

Summary

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Plastic additives market forecasted to register Compound annual growth rate of 4.90 percent

The market size of plastic additives is forecasted to reach ~$50.9B by 2021, recording a compound annual growth rate (CAGR) of 4.90 percent between 2016 and 2021. The increase of the plastic additives market is primarily triggered by the increasing demand from the packaging market. The market increase is also attributed to the growing use of plastic in different other applications. India (IN) and China (CN) are noteworthy sectors as different firms shift their manufacturing facilities to these countries in the Asia Pacific (APAC) area.

Plasticizers and flame retardants anticipated to witness high increase during forecast horizon

Plasticizers and flame retardants are forecasted to witness high rise in the global plastic additive market during the forecast period due to rising consumption in several end-use products including wires & cables, electrical & electronic devices, automotive designing, cable jacketing, floor & wall coverings, and coating fabrics.

APAC expected to be quickest-rising market during projection period

Asia-Pac is the biggest and quickest-increasing market for plastic additives in the globe.The increasing packaging market along the raised demand from the retail sector drives the market of plastic additives in the territory.

Polymer sectors are witnessing important rise in developing nations including India and Brazil (BR).

Distribution of profile of primary Q&A for the study

• By Company category - Tier 1 - 30.0 percent, Tier 2 -43.0 percent, and Tier 3 - 27.0 percent

• By Description - C-suite - 21.0 percent, D-level - 23.0 percent, and Others - 56.0 percent

• By Area - North America continent - 37.0 percent, Europe (EU) - 23.0 percent, Asia Pacific (APAC) - 26.0 percent, and rest of the world - 14.0 percent

Some of the main firms decribed in this business report are Songwon Industrial Co. Ltd., Albemarle Corporation, Clariant (CLN), BASF SE, Dow Chemical (NYSE:DOW), Bayer (ETR:BAYN), Evonik Industries , Kaneka Corporation, Lanxess (ETR:LXS), and others.

Why acquiring this study can help you:

From an insight prospect, this market research focused on several levels of analysis - industry, market share research of top players, supply chain research, and company descriptions, which together comprise and examine the basic overviews on the competitive landscape; coming out and high-growth segments of the plastic additives market; high-growth areas; and sector drivers, market restraints, alternatives, and opportunities.

This study furnishes highlights on the following points:

• Market Uptake: Exhaustive data on plastic additives provided by the top actors in the overall plastic additives market

• Product Development/Innovative products: In-depth understanding on up-on-coming technologies, analysis & growth activities, and recent product launches in the plastic additives market

• Market Development: Highlighted information about profitable emerging sectors - the market research examines the industries for plastic additives across localities

• industry diversification: Complete information about recent products, untapped areas, recent evolutions, and market investments in the overall plastic additives market

• opposing assessment: Detailed assessment of market shares, strategies, products, and manufacturing competences of the key players in the plastic additives market

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