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Performance Additives Market by Type, End-Use Industry, and Region - Global Forecast to 2021

Performance Additives Market: Global Forecast until 2021

  • April 2017
  • 154 pages
  • ID: 4863881
In this report:
Plastic additives is the largest end-use industry of performance additives that accounted for a share of ##.##% of the overall market, in terms of value, in 2016.
The global performance additives market size was about ##,## Kiloton in 2016 and is expected to reach ##,## Kiloton by 2021, at a CAGR between ##.##% and ##.##%.

Summary

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"Growing use in packaging and household goods sectors is a prime factor for the increase ot the performance additives market"

The overall performance additives market is estimated to grow ~$110.3B by 2021, at a compound annual growth rate of 8.00 percent, in terms of value concern. This rise can be attributed in parts to the growing investments in new manufacturing plants for packaging in different countries. This increase also stems from a increase in demand for rigid and flexible packaging in the food and beverage packaging markets.

"Plastic segment is the most important type segment of the performance additives market"

Plastic additives are ingredients that are added in polymer to enhance its characteristics, including strength, durability, and heat sensitivity. Plastic additives are materials that are added to enhance the processability, performance, or appearance of the polymer. Plastic additives have found widespread applications in building & construction, packaging, transportation, textiles, electronics, and other markets, including healthcare, consumer goods, and telecommunication. The industry demand for plastic additives is expected to grow on account of the growing consumption of plastic and the increasing disposable income of consumers.

"Increasing demand in Asia Pacific (APAC) drives the performance additives market"

The Asia Pacific (APAC) area is the biggest and the quickest-increasing performance additives market, in terms of value significance and quantity. High economic increase rate, increasing manufacturing sectors, cheap labor, growing foreign investments, and rise in the applications of performance additives across the packaging, automotive, industrial, and construction industries are some of the main factors anticipated to fuel the increase of the market in this area. Countries including China (CN), South Korea (KR), and Japan (JP) are forecast to steer the increase of the Asia-Pacific performance additives market.

In the process of finding out and checking the market value for various segments and sub-segments collected by secondary research, extensive primary audit sessions were performed.

The breakdown of primary interviews is presented below.

- By Company Type: Tier 1 - 57.0 percent, Tier 2 - 29.0 percent, and 1/3 3 - 14.0 percent

- By Description: C-suite - 43.0 percent, D-level - 21.0 percent, and Others - 36.0 percent

- By area: North america (NA) - 9.0 percent, Europe - 8.0 percent, Asia-Pacific - 50.0 percent, Middle East & Africa - 8.0 percent, and South America - 25.0 percent

The main companies decribed in this business report contain BASF SE, AkzoNobel (AKZA), Solvay (SOLB), Evonik Industries , Lanxess, Arkema (AKE), and Huntsman International LLC, Altana AG, Clariant, and The Dow Chemical Company.

Segment Research

The sector is divided based on category, end-use sector, and area. This industry report includes the performance additives market, in terms of value importance and quantity, and forecasts its market size until 2021. The analysis also offers company descriptions and competitive landscape approved by the top players in the overall performance additives market.

Reasons to Buy the Report

This study will help the industry leaders (and new entrants) in the following aspects:

This study breaks down the performance additives market comprehensively and offers the closest approximations of revenues for the global market and the sub-segments across several verticals and localities.

It will facilitate partners distinguish the pulse of the sector and offer them information on main market drivers, market restraints, opportunities, and alternatives.

It will facilitate partners comprehend players and obtain additional insights to better their positions in the business sector. The competitive outlook section includes new industry product developments, alliances, and mergers & acquisitions.

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