Plasticantioxidant market is estimated to reach at a USD 2.65 billion by 2027, andgrowth rate of CAGR 5.4% in the forecast period of 2020 to 2027. Replacement ofconventional materials by plastics in various industries and increasingdisposable income are some of the growth driver for the market.
Plasticantioxidants are a class of material which protect plastics from thermally andchemically induced oxidation. Antioxidants have various physical propertiessuch as anti-ageing with impact resistance and excellent tensile strength.These antioxidants are composed of phosphite or phenolic & phosphoniteingredients. Moreover, they are used in the various applications such asaerospace, automotive, coil, petrochemicals, and others.
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Plasticantioxidant market is in growth phase in the industry life cycle and willcontinue to grow in a similar phase in the forecast period. As they are used inplastic production that eliminates the plastic degradation process, growth inthe use of plastic consumption also boost the demand for plastic antioxidants.Plastic antioxidant market will grow significantly during the forecast period,due to unavailability of perfect and economically viable substitutes forplastic and will create growth opportunities for the market in the forecastperiod of 2020-2027.
Implementationof stringent regulation polices will act as a restrain, and further challengethe growth of plastic antioxidant market in the forecast period mentionedabove.
The plasticantioxidant market report provides details of new recent developments, traderegulations, import export analysis, production analysis, value chainoptimization, market share, impact of domestic and localised market players,analyses opportunities in terms of emerging revenue pockets, changes in marketregulations, strategic market growth analysis, market size, category marketgrowths, application niches and dominance, product approvals, product launches,geographical expansions and technological innovations in the market. To gainmore info plastic antioxidant market on Data Bridge Market contact us for anAnalyst Brief, our team will help you take an informed market decision toachieve market growth.
Plasticantioxidant market is segmented on the basis of type, polymer resin and form.The growth amongst the different segments helps you in attaining the knowledgerelated to the different growth factors expected to be prevalent throughout themarket and formulate different strategies to help identify core applicationareas and the difference in your target markets.
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On the basisof type, the plastic antioxidant market is segmented into phenolic, phosphiteand phosphonite, antioxidant blends and others.
On the basisof polymer resin, the plastic antioxidant market is segmented intopolypropylene (PP), polyethylene (PE), polyvinyl chloride (PVC) and otherpolymer resins.
Based onform, the plastic antioxidant market is segmented into solid and liquid.
Plasticantioxidant market is analysed and market size, volume information is providedby country, type, polymer resin and form as referenced above.
Thecountries covered in the plastic antioxidant market report are U.S., Canada andMexico in North America, Germany, France, U.K., Netherlands, Switzerland,Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan,India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia,Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), SaudiArabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest ofSouth America as part of South America.
Asia-Pacificis dominating the plastic antioxidant market due to the growing demand forpolymer in electrical, automotive, petrochemical and others in the region.
The countrysection of the plastic antioxidant market report also provides individualmarket impacting factors and changes in regulation in the market domesticallythat impacts the current and future trends of the market. Data points such asconsumption volumes, production sites and volumes, import export analysis,price trend analysis, cost of raw materials, down-stream and upstream valuechain analysis are some of the major pointers used to forecast the marketscenario for individual countries. Also, presence and availability of globalbrands and their challenges faced due to large or scarce competition from localand domestic brands, impact of domestic tariffs and trade routes are consideredwhile providing forecast analysis of the country data.
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Plasticantioxidant market competitive landscape provides details by competitor.Details included are company overview, company financials, revenue generated,market potential, investment in research and development, new marketinitiatives, global presence, production sites and facilities, productioncapacities, company strengths and weaknesses, product launch, product width andbreadth, application dominance. The above data points provided are only relatedto the companies’ focus related to plastic antioxidant market.
The majorplayers covered in the plastic antioxidant market report are BASF SE, SONGWON,Adeka Corporation, Solvay, SI Group, Inc, Clariant, Sumitomo Chemical Co,Ltd,3V Sigma S.P.A, Dover Chemical Corporation, Everspring Chemical Co.,Ltd.,Ampacet Corporation, A.Schulman, Astra Polymers Compounding Co Ltd.,Emerald Performance Materials LLC, Evonik Industries AG, Lanxess AG, Milliken& Company, OMNOVA Solutions Inc., Oxiris Chemicals S.A., RifraMasterbatches S.P.A., Wells Plastics Ltd, Sakai Chemical Industry Co., Ltd.,Shandong Linyi Sunny Wealth Chemicals Co., Ltd. and Trigon Antioxidants Pvt. Ltd.among other domestic and global players. Market share data is available forglobal, North America, Europe, Asia-Pacific (APAC), Middle East and Africa(MEA) and South America separately. DBMR analysts understand competitivestrengths and provide competitive analysis for each competitor separately.
GlobalPlastic Antioxidant Market, By Type (Phenolic, Phosphite and Phosphonite,Antioxidant Blends and Others), Polymer Resin (Polypropylene (PP), Polyethylene(PE), Polyvinyl Chloride (PVC), Other Polymer Resins), Form (Solid and Liquid),Country(U.S., Canada, Mexico, Brazil, Argentina, Rest of South America,Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands,Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia,Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific,U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East andAfrica) Industry Trends and Forecast to 2027
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PlasticAntioxidant Market is Expected to Reach a Value of USD 77.12 Billion by 2025
