April 21, 2024

Plastic Additives Market Size to Rise USD 90.69 Bn by 2033

The global plastic additives market size was estimated to be around US$ 58.12 billion in 2023 and is projected to reach US$ 90.69 billion by 2033, indicating a CAGR of 4.55% from 2024 to 2033.

Key Points

  • Asia Pacific held the largest market share of 55% in 2023.
  • North America is observed to grow at a significant rate during the forecast period.
  • By type, the plasticizers segment dominated the market with the largest share in 2023.
  • By type, the stabilizers segment is observed to witness the fastest rate of expansion during the forecast period.
  • By plastic type, the polypropylene segment held the largest share of the market in 2023.
  • By end-use, the automotive segment held the largest share of the market in 2023.

Plastic Additives Market Size 2024 to 2033

The market research report on the plastic additives market provides a comprehensive analysis of various key aspects. It includes the definition, classification, and application of plastic additives products. The report examines the development trends, competitive landscape, and industrial chain structure within the industry. Furthermore, it presents an overview of the industry, analyzes national policies and planning, and offers insights into the latest market dynamics and opportunities at a global level.

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Plastic Additives Market Scope

Report Coverage Details
Global Market Size in 2023 USD 58.12 Billion
Global Market Size by 2033 USD 90.69 Billion
Growth Rate from 2024 to 2033 CAGR of 4.55%
Largest Market Asia Pacific
Base Year 2023
Forecast Period 2024 to 2033
Segments Covered By Type, By Plastic Type, and By End-use
Regions Covered North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa

Read More: Pharmaceutical Unit-dose Packaging Market Size, Growth Report 2033

The report presents the volume and value-based market size for the base year 2023 and forecasts the market’s growth between 2023 and 2032. It estimates market numbers based on product form and application, providing size and forecast for each application segment in both global and regional markets.

Focusing on the global plastic additives market, the report highlights its status, future forecasts, growth opportunities, key market players, and key market regions such as the United States, Europe, and China. The study aims to present the development of the plastic additives market by considering factors like Year-on-Year (Y-o-Y) growth, in addition to Compound Annual Growth Rate (CAGR). This approach enables a better understanding of market certainty and the identification of lucrative opportunities.

Regarding production, the report investigates the capacity, production, value, ex-factory price, growth rate, and market share of major manufacturers, regions, and product types. On the consumption side, the report focuses on the regional consumption of plastic additives products across different countries and applications.

Buyers of the report gain access to verified market figures, including global market size in terms of revenue and volume. The report provides reliable estimations and calculations for global revenue and volume by product type from 2024 to 2033. It also includes accurate figures for production capacity and production by region during the same period.

The research includes product parameters, production processes, cost structures, and data classified by region, technology, and application. Furthermore, it conducts SWOT analysis and investment feasibility studies for new projects.

This in-depth research report offers valuable insights into the plastic additives market. It employs an objective and fair approach to analyze industry trends, supporting customer competition analysis, development planning, and investment decision-making. The project received support and assistance from technicians and marketing personnel across various links in the industry chain.

The competitive landscape section of the report provides detailed information on xx market competitors. It includes company overviews, financials, revenue generation, market potential, research and development investments, new market initiatives, global presence, production sites, production capacities, strengths and weaknesses, product launches, product range, and application dominance. However, the data points provided only focus on the companies’ activities related to the plastic additives market.

Prominent players in the market are expected to face tough competition from new entrants. Key players are targeting acquisitions of startup companies to maintain their dominance. The report

Reasons to Purchase this Report:

  • Comprehensive market segmentation analysis incorporating qualitative and quantitative research, considering the impact of economic and policy factors.
  • In-depth regional and country-level analysis, examining the demand and supply dynamics that influence market growth.
  • Market size in USD million and volume in million units provided for each segment and sub-segment.
  • Detailed competitive landscape, including market share of major players, recent projects, and strategies implemented over the past five years.
  • Comprehensive company profiles encompassing product offerings, key financial information, recent developments, SWOT analysis, and employed strategies by major market players.

Plastic Additives Market Companies

  • Songwon Industries Co. Ltd.
  • Exxon Mobil Corporation
  • KANEKA CORPORATION
  • Clariant Ltd.
  • Dow
  • Albemarle Corporation
  • Nouryon
  • Lanxess Corporation
  • BASF SE
  • Evonik Industries AG

Segments Covered in the Report

By Type

  • Stabilizers
  • Antioxidants
  • Plasticizers
  • Antistatic agents
  • Anti-scratch additives
  • Rheology/Thickners
  • Flame retardants

By Plastic Type

  • Polystyrene
  • PVC
  • Polypropylene
  • Polyethylene
  • Engineering plastics
  • Others

By End-use

  • Automotive
  • Construction
  • Textiles
  • Electric and electronics
  • Packaging
  • Agriculture

By Geography

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Plastic Additives Market 

5.1. COVID-19 Landscape: Plastic Additives Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Plastic Additives Market, By Type

8.1. Plastic Additives Market Revenue and Volume, by Type, 2024-2033

8.1.1 Stabilizers

8.1.1.1. Market Revenue and Volume Forecast (2021-2033)

8.1.2. Antioxidants

8.1.2.1. Market Revenue and Volume Forecast (2021-2033)

8.1.3. Plasticizers

8.1.3.1. Market Revenue and Volume Forecast (2021-2033)

8.1.4. Antistatic

8.1.4.1. Market Revenue and Volume Forecast (2021-2033)

8.1.5. Anti-scratch additives

8.1.5.1. Market Revenue and Volume Forecast (2021-2033)

8.1.6. Rheology/Thickners

8.1.6.1. Market Revenue and Volume Forecast (2021-2033)

8.1.7. Flame Retardants

8.1.7.1. Market Revenue and Volume Forecast (2021-2033)

Chapter 9. Global Plastic Additives Market, By Plastic Type

9.1. Plastic Additives Market Revenue and Volume, by Plastic Type, 2024-2033

9.1.1. Polystyrene

9.1.1.1. Market Revenue and Volume Forecast (2021-2033)

9.1.2. PVC

9.1.2.1. Market Revenue and Volume Forecast (2021-2033)

9.1.3. Polypropylene

9.1.3.1. Market Revenue and Volume Forecast (2021-2033)

9.1.4. Polyethylene

9.1.4.1. Market Revenue and Volume Forecast (2021-2033)

9.1.5. Engineering plastics

9.1.5.1. Market Revenue and Volume Forecast (2021-2033)

9.1.6. Others

9.1.6.1. Market Revenue and Volume Forecast (2021-2033)

Chapter 10. Global Plastic Additives Market, By End-use 

10.1. Plastic Additives Market Revenue and Volume, by End-use, 2024-2033

10.1.1. Automotive

10.1.1.1. Market Revenue and Volume Forecast (2021-2033)

10.1.2. Construction

10.1.2.1. Market Revenue and Volume Forecast (2021-2033)

10.1.3. Textiles

10.1.3.1. Market Revenue and Volume Forecast (2021-2033)

10.1.4. Electric and electronics

10.1.4.1. Market Revenue and Volume Forecast (2021-2033)

10.1.5. Packaging

10.1.5.1. Market Revenue and Volume Forecast (2021-2033)

10.1.6. Agriculture

10.1.6.1. Market Revenue and Volume Forecast (2021-2033)

Chapter 11. Global Plastic Additives Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Volume Forecast, by Type (2021-2033)

11.1.2. Market Revenue and Volume Forecast, by Plastic Type (2021-2033)

11.1.3. Market Revenue and Volume Forecast, by End-use (2021-2033)

11.1.4. U.S.

11.1.4.1. Market Revenue and Volume Forecast, by Type (2021-2033)

11.1.4.2. Market Revenue and Volume Forecast, by Plastic Type (2021-2033)

11.1.4.3. Market Revenue and Volume Forecast, by End-use (2021-2033)

11.1.5. Rest of North America

11.1.5.1. Market Revenue and Volume Forecast, by Type (2021-2033)

11.1.5.2. Market Revenue and Volume Forecast, by Plastic Type (2021-2033)

11.1.5.3. Market Revenue and Volume Forecast, by End-use (2021-2033)

11.2. Europe

11.2.1. Market Revenue and Volume Forecast, by Type (2021-2033)

11.2.2. Market Revenue and Volume Forecast, by Plastic Type (2021-2033)

11.2.3. Market Revenue and Volume Forecast, by End-use (2021-2033)

11.2.4. UK

11.2.4.1. Market Revenue and Volume Forecast, by Type (2021-2033)

11.2.4.2. Market Revenue and Volume Forecast, by Plastic Type (2021-2033)

11.2.4.3. Market Revenue and Volume Forecast, by End-use (2021-2033)

11.2.5. Germany

11.2.5.1. Market Revenue and Volume Forecast, by Type (2021-2033)

11.2.5.2. Market Revenue and Volume Forecast, by Plastic Type (2021-2033)

11.2.5.3. Market Revenue and Volume Forecast, by End-use (2021-2033)

11.2.6. France

11.2.6.1. Market Revenue and Volume Forecast, by Type (2021-2033)

11.2.6.2. Market Revenue and Volume Forecast, by Plastic Type (2021-2033)

11.2.6.3. Market Revenue and Volume Forecast, by End-use (2021-2033)

11.2.7. Rest of Europe

11.2.7.1. Market Revenue and Volume Forecast, by Type (2021-2033)

11.2.7.2. Market Revenue and Volume Forecast, by Plastic Type (2021-2033)

11.2.7.3. Market Revenue and Volume Forecast, by End-use (2021-2033)

11.3. APAC

11.3.1. Market Revenue and Volume Forecast, by Type (2021-2033)

11.3.2. Market Revenue and Volume Forecast, by Plastic Type (2021-2033)

11.3.3. Market Revenue and Volume Forecast, by End-use (2021-2033)

11.3.4. India

11.3.4.1. Market Revenue and Volume Forecast, by Type (2021-2033)

11.3.4.2. Market Revenue and Volume Forecast, by Plastic Type (2021-2033)

11.3.4.3. Market Revenue and Volume Forecast, by End-use (2021-2033)

11.3.5. China

11.3.5.1. Market Revenue and Volume Forecast, by Type (2021-2033)

11.3.5.2. Market Revenue and Volume Forecast, by Plastic Type (2021-2033)

11.3.5.3. Market Revenue and Volume Forecast, by End-use (2021-2033)

11.3.6. Japan

11.3.6.1. Market Revenue and Volume Forecast, by Type (2021-2033)

11.3.6.2. Market Revenue and Volume Forecast, by Plastic Type (2021-2033)

11.3.6.3. Market Revenue and Volume Forecast, by End-use (2021-2033)

11.3.7. Rest of APAC

11.3.7.1. Market Revenue and Volume Forecast, by Type (2021-2033)

11.3.7.2. Market Revenue and Volume Forecast, by Plastic Type (2021-2033)

11.3.7.3. Market Revenue and Volume Forecast, by End-use (2021-2033)

11.4. MEA

11.4.1. Market Revenue and Volume Forecast, by Type (2021-2033)

11.4.2. Market Revenue and Volume Forecast, by Plastic Type (2021-2033)

11.4.3. Market Revenue and Volume Forecast, by End-use (2021-2033)

11.4.4. GCC

11.4.4.1. Market Revenue and Volume Forecast, by Type (2021-2033)

11.4.4.2. Market Revenue and Volume Forecast, by Plastic Type (2021-2033)

11.4.4.3. Market Revenue and Volume Forecast, by End-use (2021-2033)

11.4.5. North Africa

11.4.5.1. Market Revenue and Volume Forecast, by Type (2021-2033)

11.4.5.2. Market Revenue and Volume Forecast, by Plastic Type (2021-2033)

11.4.5.3. Market Revenue and Volume Forecast, by End-use (2021-2033)

11.4.6. South Africa

11.4.6.1. Market Revenue and Volume Forecast, by Type (2021-2033)

11.4.6.2. Market Revenue and Volume Forecast, by Plastic Type (2021-2033)

11.4.6.3. Market Revenue and Volume Forecast, by End-use (2021-2033)

11.4.7. Rest of MEA

11.4.7.1. Market Revenue and Volume Forecast, by Type (2021-2033)

11.4.7.2. Market Revenue and Volume Forecast, by Plastic Type (2021-2033)

11.4.7.3. Market Revenue and Volume Forecast, by End-use (2021-2033)

11.5. Latin America

11.5.1. Market Revenue and Volume Forecast, by Type (2021-2033)

11.5.2. Market Revenue and Volume Forecast, by Plastic Type (2021-2033)

11.5.3. Market Revenue and Volume Forecast, by End-use (2021-2033)

11.5.4. Brazil

11.5.4.1. Market Revenue and Volume Forecast, by Type (2021-2033)

11.5.4.2. Market Revenue and Volume Forecast, by Plastic Type (2021-2033)

11.5.4.3. Market Revenue and Volume Forecast, by End-use (2021-2033)

11.5.5. Rest of LATAM

11.5.5.1. Market Revenue and Volume Forecast, by Type (2021-2033)

11.5.5.2. Market Revenue and Volume Forecast, by Plastic Type (2021-2033)

11.5.5.3. Market Revenue and Volume Forecast, by End-use (2021-2033)

Chapter 12. Company Profiles

12.1. Songwon Industries Co. Ltd.

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. Exxon Mobil Corporation

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. KANEKA CORPORATION

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. Clariant Ltd.

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. Dow

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. Albemarle Corporation

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. Nouryon

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. Lanxess Corporation

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. BASF SE

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. Evonik Industries AG

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

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Prathamesh

I have completed my education in Bachelors in Computer Application. A focused learner having a keen interest in the field of digital marketing, SEO, SMM, and Google Analytics enthusiastic to learn new things along with building leadership skills.

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