Dublin, July 13, 2018 (GLOBE NEWSWIRE) -- The "Plastic Additive Market Report: Trends, Forecast and Competitive Analysis" report has been added to ResearchAndMarkets.com's offering.
The future of the plastic additive market looks attractive with opportunities in the construction, packaging, consumer goods, and automotive industries. The global plastic additive market is expected to reach an estimated $50 billion by 2023 with a CAGR of 4.2% from 2018 to 2023. The major growth drivers for this market are increasing demand for plastics in various end use markets and increasingly stringent safety standards for smoke and flammability.
Emerging trends, which have a direct impact on the dynamics of the plastic additive industry, include the development of bio based plasticizers and growing consumption of nanopowder or nanoparticle aluminum hydroxides.
The study includes the plastic additive market size and forecast for the global plastic additive market through 2023, segmented by product type, by end use industry, by plastic type, by function, and region.
Segment Analysis & Forecast
The research forecasts that plasticizer will remain the largest additive type over the forecast period supported by growth in demand for flexible polyvinyl chloride (PVC) plastic in film & sheet, wire & cable, and flooring applications. The research predicts that the flame retardant additive is expected to witness the highest growth during the forecast period due to more stringent fire safety standards and growth in the markets of construction and electrical & electronics.
Within the plastic additive market, construction will remain the largest end use industry during the forecast period due to increasing demand for plastics in construction; these include pipes and fittings, flooring, wall-coverings, and wire and cable applications. The research predicts that the demand for plastic additives for packaging end use is likely to experience the highest growth in the forecast period due to its growing demand in the areas of food and beverages, household products, industrial products, personal care, and pharmaceuticals.
Asia Pacific is expected to remain the largest market by value and volume and will experience the highest growth over the forecast period supported by high consumption of plastics in China and India. China is the largest market for plastic additives due to high production of plastics considering the high domestic demand, easy availability of raw materials, low production, and labor cost.
Plastic Additive Market by Product Type [Volume (Kilotons) and $M shipment analysis for 2012-2023]
- Flame Retardant
- Impact modifier
- Blowing agent
Plastic Additive Market by End Use Industry [Volume (Kilotons) and $M shipment analysis for 2012-2023]
- Consumer Goods
Plastic Additive Market by Plastic Type [Volume (Kilotons) and $M shipment analysis for 2012-2023]
- Polyvinyl Chloride (PVC)
- Polyethylene (PE)
- Polypropylene (PP)
- Other Commodity Plastics
- Engineering Plastics
- High Performance Plastics
Plastic Additive Market by Function [Volume (Kilotons) and $M shipment analysis for 2012-2023]
- Property Modifiers
- Property Stabilizers
- Property Extenders
- Processing Aids
Plastic Additive Market by Region [Volume (Kilotons) and $M shipment analysis for 2012-2023]
- North America
- Asia Pacific
- The Rest of the World
- Market size estimates: Global plastic additive market size estimation in terms of value ($M) and volume (Kilo Tons) shipment.
- Trend and forecast analysis: Market trend (2012-2017) and forecast (2018-2023) by application, and end use industry.
- Segmentation analysis: Global plastic additive market size by various applications such as product, end use industry, plastic, and function in terms of value and volume shipment.
- Regional analysis: Global plastic additive market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
- Growth opportunities: Analysis on growth opportunities in different applications and regions of plastic additive in the plastic additive market.
- Strategic analysis: This includes M&A, new product development, and competitive landscape of plastic additive in the plastic additive market.
- Analysis of competitive intensity of the industry based on Porter's Five Forces model.
Key Topics Covered
1. Executive Summary
2. Market Background and Classifications
2.1: Introduction, Background, and Classification
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2012 to 2023
3.1: Macroeconomic Trends and Forecast
3.2: Global Plastic Additive Market Trends and Forecast
3.3: Global Plastic Additive Market by Product
3.3.2: Flame Retardants
3.3.5: Impact Modifiers
3.3.7: Blowing Agents
3.3.8: Other Plastic Additives
3.4: Global Plastic Additive Market by End Use Industry
3.4.3: Consumer Goods
3.4.5: Other End Use Industries (Pharmaceuticals, Agriculture, Sports, Military, Furniture, and Others)
3.5: Global Plastic Additive Market by Plastic Type
3.5.1: Polyvinyl Chloride (PVC)
3.5.2: Polyethylene (PE)
3.5.3: Polypropylene (PP)
3.5.4: Other Commodity Plastics
3.5.5: Engineering Plastics
3.5.6: High Performance Plastics
3.6: Global Plastic Additive Market by Function
3.6.1: Property Modifiers
3.6.2: Property Extender
3.6.3: Property Stabilizers
3.6.4: Processing Aids
4. Market Trends and Forecast Analysis by Region
4.1: Global Plastic Additive Market by Region
4.2: North American Plastic Additive Market
4.2.1: Market by Product Type: Plasticizers, Flame Retardants, Pigments, Stabilizers, Impact Modifiers, Antioxidants, Blowing Agents, and Others
4.2.2: The United States Plastic Additive Market
4.2.3: Canadian Plastic Additive Market
4.2.4: Mexican Plastic Additive Market
4.3: European Plastic Additive Market
4.3.1: Market by Product Type: Plasticizers, Flame Retardants, Pigments, Stabilizers, Impact Modifiers, Antioxidants, Blowing Agents, and Others
4.3.2: Western European Plastic Additive Market
4.3.3: Eastern European Plastic Additive Market
4.4: APAC Plastic Additive Market
4.4.1: Market by Product Type: Plasticizers, Flame Retardants, Pigments, Stabilizers, Impact Modifiers, Antioxidants, Blowing Agents, and Others
4.4.2: Chinese Plastic Additive Market
4.4.3: Indian Plastic Additive Market
4.4.4: Japanese Plastic Additive Market
4.4.5: South Korean Plastic Additive Market
4.5: ROW Plastic Additive Market
4.5.1: Market by Product Type: Plasticizers, Flame Retardants, Pigments, Stabilizers, Impact Modifiers, Antioxidants, Blowing Agents, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Market Share Analysis
5.3: Geographical Reach
5.4: Porter's Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Plastic Additive Market by Product Type
6.1.2: Growth Opportunities for the Global Plastic Additive Market by End Use Industry
6.1.3: Growth Opportunities for the Global Plastic Additive Market by Region
6.2: Emerging Trends of the Global Plastic Additive Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Plastic Additive Market
6.3.3: Mergers, Acquisitions and Joint Ventures in the Global Plastic Additive Market
6.3.4: Certification and Licensing
6.3.5: Technology Development
7. Company Profiles of Leading Players
7.1: BASF SE
7.2: The Dow Chemical Company
7.3: Akzo Nobel N.V.
7.4: Evonik Industries Ag
7.6: LANXESS Aktiengesellschaft
For more information about this report visit https://www.researchandmarkets.com/research/tgswp6/plastic?w=12
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