Global Markets for Plastics Additives

The global plastics additives market should reach nearly $68.8 billion by 2022 from $53.3 billion in 2017 at a compound annual growth rate (CAGR) of 5.2% for the period 2017-2022.

Report Includes

• 75 data tables and 15 additional tables
• An overview of the global as well as regional markets for plastics additives
• Analyses of global market trends, with data from 2016 to 2017, and projections of compound annual growth rates (CAGRs) through 2022
• Evaluation of the market's dynamics, specifically growth drivers, inhibitors, and opportunities
• Insight into the supply and pricing of raw materials, as well as information concerning the basic feedstock of various plastics additives
• Information about the environmental and regulatory aspects of different types of plastics additives
• A look at the effects of various factors on the supply chain, value, and demand for plastics additives
• Comprehensive company profiles of major players in the market, including Adeka Corp., BASF SE, Chevron Phillips Chemical Co., The Dow Chemical Co., Eastman Chemical Co., Holliday Pigments SA, KOLON Plastics Inc., Lucite International Ltd., Mitsui Chemicals Inc., Regain Polymers Ltd. and Wilshire Technologies, Inc.

The global market for plastics additives was valued at $48.2 billion in 2015. This market is estimated to grow from nearly $50.6 billion in 2016 to $64.6 billion by 2021 with a compound annual growth rate (CAGR) of 5.0 % for the period of 2016-2021.

Report Includes

• An overview of the global as well as regional markets for plastics additives.
• Analyses of global market trends, with data from 2014, 2015, 2016, and projections of compound annual growth rates (CAGRs) through 2021.
• Evaluation of the market's dynamics, specifically growth drivers, inhibitors, and opportunities.
• Information on the supply and pricing of raw materials as well as information concerning the basic feedstock of various plastics additives.
• Information about the environmental and regulatory aspects of different types of plastics additives.
• A look at the effects of various factors on the supply chain, value and demand for plastics additives.
• Profiles of major players in the industry.

The global market for plastics additives was valued at $43.4 billion in 2013, and is expected to reach $47.7 billion in 2015 and $60.3 billion by 2020, a compound annual growth rate (CAGR) of 4.8% over the five-year period from 2015 to 2020. 

Report Includes

• An overview of the global as well as regional markets for plastics additives.
• Analyses of global market trends, with data for 2013, estimates and projections of data for 2015 and 2020, and projections of CAGRs for the period 2015 to 2020.
• Help identifying various growth opportunities in the field of plastics additives.
• Information on the supply and pricing of raw materials as well as information concerning the basic feedstock of various plastics additives.

The total market for plastics additives is projected to increase from $39.6 billion in 2011, to $41.3 billion in 2012, to more than $43.1 billion in 2013, and to nearly $54.7 billion in 2018 yielding a compound annual growth rate (CAGR) of 4.9% for a period of five years, from 2013 to 2018.

• The global market for plastics additives is expected to increase from $36.2 billion in 2008 to an estimated $37.4 billion in 2009, and $45.8 billion in 2014, for a compound annual growth rate (CAGR) of 4.1%.
• Property modifiers have the largest share of the market, worth $18.2 billion in 2008 and an estimated $18.7 billion in 2009. This is expected to increase at a CAGR of 4.1% to reach $22.9 billion in 2014.
• The property stabilizers segment is the second largest, generating $12.1 billion in 2008 and an estimated $12.6 billion in 2009. This segment should reach $15.4 billion in 2014, for a CAGR of 4.2%.

• Plastic additives encompass a wide variety of materials added to plastic resins in order to enhance the quality of these resins. The materials can be classified as modifiers, property extenders, and processing aids. A complete list of these additives indicates the 32 types of additives that are used commercially.
• The consumption level of plastic additives follows the consumption level of plastic resins. Plastic resin production in the U.S. was 29.1 billion lb. in 1973, 59.7 billion lb. in 1988, and 100.9 billion lb. in 2000 — a growth rate of 4.7% annually during 27 years. This type of growth parallels the consumption level of additives, although the use of some additive types is growing more rapidly than others.
• U.S. additives sales expected to grow at 3.5% annually to reach $5.5 billion in 2005. World markets for these additives are 35% in Asia, 28% in North America, 25% in Europe, and the rest of the world at the remaining 12%. These figures indicate that the world market for these additives in 2000 has a value of about $16.4 billion.