Global plastic
additives market revenue reached USD 39.7 billion in 2011 and is
expected to reach USD 47.8 billion by 2016, growing at a CAGR of 3.8%
from 2011 to 2016. By 2016, Flame Retardants is expected to be the
second largest segment generating revenue after Plasticizers.
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database at Plastic Additives Market - Global Industry
Analysis, Size, Share, Growth and Forecast, 2011 – 2016
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Plastic additive is
a diversified industry with various types of additives such as
property modifiers, property extenders, property stabilizers and
processing aids and is set to demonstrate a high growth rate over the
next few years. Major end use markets served by the industry include
commercial construction, automotive, consumer appliances industry and
general manufacturing industries. The plastic additive industry being
energy and capital intensive, oil and gas are considered as major raw
material suppliers for the industry.
The global plastic
additives market continues to grow and discover new growth
opportunities mainly due to increase in end use markets such as
commercial construction, automotive, consumer appliances industry and
general manufacturing industries. Initial high implementation cost
remains the major concern; however the high ROI (return on
investment) is expected to overcome this concern and drive the growth
of the plastic additive market. The other factors driving the market
include rise in plastic consumption, recovering economy, and
compliance with environment.
Among all the
geographical regions, Asia Pacific is leading globally both in terms
of production and consumption of plastic additives due to increase in
end use market such as automobile industry and construction industry.
Moreover, the automobile industry in China and India is expected to
grow at over 8% and 14% respectively. The demand from mature markets
such as U.S. and Europe is also expected to increase due to recovery
from a sluggish economy.
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The opportunities in
plastic additives market are huge as many market players are
continuously investing and focusing on new product development. BASF
remains the biggest manufacturer of plastic additives; other
manufacturers include Chemtura Corporation, Exxon Mobil Corporation
Bayer AG, Chemtura, Kaneka and many more.
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This report helps to
identify factors, which will be the driving force behind the plastic
additives market and sub-markets in the next five years. The report
provides extensive analysis of the plastic additives industry,
current market trends, industry drivers and challenges for better
understanding of the plastic additives market structure. The report
has segregated the plastic additives industry in terms of its
function, product types and geography.
Major Segments
Analyzed
By function
Property Modifiers
Property Extenders
Property Stabilizers
Processing Aids
By product type
Plasticizers
Flame Retardants
Impact Modifiers
Antioxidants
Antimicrobials
UV Stabilizers
By geographies
North America
Europe
Asia Pacific
Browse all
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