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Plastic Additives Market: Analysis by Trends 2021 Size, Share, Future Plans and Forecast 2027
Plastic Additives Market: Analysis by Trends 2021 Size, Share, Future Plans and Forecast 2027
Plastic Additives Market: Analysis by Trends 2021 Size, Share, Future Plans and Forecast

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Plastic Additives Market Overview:

The research "Plastic Additives Market" seeks to provide up-to-date market intelligence and aid decision-makers in making sound investment decisions. It also offers a comprehensive analysis of the Plastic Additives Market by Product Type, Application, Key Manufacturers, and Several Key Regions.

The Plastic Additives Market size was valued at USD 49.46 Bn. in 2021 and the total Market revenue is expected to grow by 4.8% from 2022 to 2029, reaching nearly 71.97 Bn.

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Market Scope:

The research focuses on the Plastic Additives market’s growth prospects, constraints, and market analyses. The research employs Porter's five forces analysis of the Plastic Additives industry to assess the impact of several variables on Plastic Additives market trends, including supplier bargaining power etc

Segmentation:

By Product, the Plastic Additives Market is segmented into Plasticizers, Stabilizers, Flame Retardants, and Impact Modifiers. Thanks to the significant utilisation of plasticizers in high-volume flexible PVC products, plasticizers are expected to maintain their leadership position in the worldwide plastic additives market, both in terms of value and volume. Stabilizers are high-value, low-volume products that are frequently added to polymeric materials to stop them from degrading in the presence of heat, ultraviolet (UV) light, and oxidation over the course of the product's lifecycle.

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Key Players: The key players are:

• BASF SE
• Clariant AG
• Albemarle Corporation
• Songwon Industrial Co. Ltd.
• Nouryon
• LANXESS AG
• Evonik Industries AG
• Kaneka Corporation
• The Dow Chemical Company
• Biesterfield Plastic GmbH
• SABIC
• DuPont
• ExxonMobil Chemical
• Mitsui Chemical
• LG Chem Ltd.
• Lanxess AG
• Grupa Azoty S.A.

 

Regional Analysis:

The report has assessed the Plastic Additives market in the following regions:

America, North (the United States, Canada)

European Union (Germany, France, United Kingdom, Russia)

Asia-Pacific region (China, Japan, Korea, India, Southeast Asia, and Australia)

Latin America (Brazil, Argentina, Colombia)

Africa and the Middle East (Saudi Arabia, UAE, Egypt, South Africa)

COVID-19 Impact Analysis on Plastic Additives Market:

The global repercussions of the coronavirus disease 2019 (COVID-19) are already being seen, and they will have a significant impact on the Plastic Additives market in 2021. The COVID-19 outbreak has had a wide-ranging impact, including flight cancellations, travel bans and quarantines, restaurant closures, and restrictions on all indoor/outdoor events; the declaration of a state of emergency in over thirty countries; a massive slowdown in the supply chain; the stock market; falling businesses, growing panic among the people, and uncertainty about the future.

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Key Questions answered in the Plastic Additives Market Report are:

Which key trends are likely to emerge in the Plastic Additives market in the forecast period?

What will be the Plastic Additives market size by 2027?

Which company had the biggest share in the Plastic Additives market in 2020?

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