Global Markets for Plastics Additives

Report Code: PLS022H

Publish Date: Nov 2024

Publisher: BCC Publishing

Category: Plastics

Download Report Overview

Single User License: $4650

Member Price: FREE

EXPLORE OFFERS

Explore Our Services

Already a member? Login to access this report free.

Report Highlights

The global market for plastics additives reached $58.9 billion in 2023. The market is expected to grow from $61.5 billion in 2024 to $80.7 billion by 2029, at a compound annual growth rate (CAGR) of 5.6% from 2024 through 2029.

Report Includes

  • 145 data tables and 52 additional tables
  • An analysis of the global market trends for plastics additives, with market revenue data for 2023, estimates for 2024, forecast for 2025, and projected CAGRs through 2029
  • Estimates of the size and revenue prospects of the global market, along with a market share analysis by product type, application, end-user industry, and region
  • Facts and figures pertaining to the market dynamics, technological advances, environmental regulations, and the impact of macroeconomic variables
  • Insights derived from the Porter’s Five Forces model, as well as global supply chain analyses
  • Pricing analysis of raw materials and the basic feedstock of plastics additives
  • A chapter on emerging trends and applications of thermoset and thermoplastics, and patent activity and new developments
  • Overview of sustainability trends and ESG developments, with emphasis on consumer attitudes and ESG scores and ESG practices of leading companies
  • Analysis of the industry structure, including companies’ market shares, strategic alliances, M&A activity and a venture funding outlook
  • Profiles of the market leaders, including BASF, Avient Corp., Dow, Lanxess Group, and Evonik Industries AG

Report Scope

This report analyzes the present state of the global market for plastics additives, and it forecasts the growth of this market from 2024 through 2029. The principal purpose of plastic additives is to enhance the properties of plastic products, such as their durability, flexibility, thermal stability and heat resistance, among many others, to both extend the life of these products and enable them to be customized to meet the requirements of different applications. The effective use of the plastics additives can ensure the stable and reliable manufacturing of end products. Thus, plastics additives not only contribute to improving cost-effectiveness, but also have the potential to create new opportunities for manufacturers on a global scale.

For this analysis, the global plastics additives market was segmented by product type, application and end user into the following categories:

  • Product type: plasticizers, fillers and reinforcements, flame retardants, impact modifiers, antioxidants, heat stabilizers, colorants, lubricants, light stabilizers, biocides, antistatic agents and others.
  • Application: packaging, wire and cable, films and sheets, floor/wall/roof covering, extrusion and others.
  • End user: construction, transportation, electronics and electrical, consumer goods, medical and healthcare and others.

In addition, this report covers the global plastics additives market’s current dynamics, the strategies and trends driving the demand for plastics additives, the key manufacturers of these products, recent ESG developments, and the regulatory and competitive landscapes that companies in this market are operating within. It also provides brief profiles of the major global manufacturers in this market. The plastics additives market is also analyzed from international and regional perspectives to understand the industry’s growth potential. To that end, the report segments the market by region into the following areas: North America, Europe, Asia-Pacific and the Rest of the World (RoW).

In this report, market estimates and sizes are provided in terms of value ($ millions), and market forecasts are given for 2024 through 2029, with 2023 serving as the base year. Regional-level market sizes, with respect to product type, applications and end user, are also provided.

Report Synopsis

Report Metrics Details
Base year considered 2023
Forecast period considered 2024-2029
Base year market size $58.9 Billion
Market size forecast $80.7 Billion
Growth rate CAGR of 5.6% from 2024 to 2029
Units considered $ Millions
Segments covered By Product Type, Application, End User, and Region
Regions covered North America, Europe, Asia-Pacific and the Rest of the World (RoW)
Key Market Drivers
  • Growing demand for plastics additives from industries.
  • Increasing plastic consumption in emerging economies.
Companies studied
ADEKA CORP.ALBEMARLE CORP.
ARGUS ADDITIVE PLASTICS GMBHAMPACET CORP.
AVIENT CORP.BAERLOCHER GMBH
BASFBYK-CHEMIE GMBH (ALTANA)
CLARIANTDOW
EVONIK INDUSTRIES AGLANXESS
MILLIKENSAKAI CHEMICAL INDUSTRY CO. LTD.
SONGWON
Need a custom data table, graph, region, segment, companies or complete report? CUSTOMIZE NOW

Frequently Asked Questions (FAQs)

The estimated market size of the plastics additives market will be $80.7 billion by 2029, with a CAGR of 5.6%.
  • Growing demand for plastics additives from Industries.
  • Increasing plastic consumption in emerging economies.
The market is segmented based on product type, application, industry, and region. Segmentation based on product type, the market is segmented into plasticizers, fillers and reinforcements, flame retardants, impact modifiers, antioxidants, heat stabilizers, colorants, lubricants, light stabilizers, biocides, antistatic agents, and others. Based on applications, the market is segmented into packaging, wire and cable, films and sheet, floor/wall/roof covering, extrusion and others. Based on industry, the market is segmented into construction, transportation, electronics and electrical, consumer goods, medical and healthcare, and others. Regional estimates and forecasts comprise North America, Europe, Asia-Pacific, and the Rest of the World (RoW).
The construction segment will continue to dominate the market by the end of 2029.
Asia-Pacific holds the largest market share due to the extensive production of plastics and high demand for automotive and electronics applications in this region. Additionally, the U.S. and China have been among the largest adopters of the technology.

Analyst Credentials

BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.

Let us assist you! Our analysts are ready to tailor this report to your specific need. Talk to Our Analyst

Table of Contents

All reports provided in PDF format. For shared licensing options (5+ Users), please call a representative at (+1) 781-489-7301 or contact us at info@bccresearch.com
Title/Chapter NamePagesMember Price
Full Report: Global Markets for Plastics Additives172Free
Chapter- 1: Executive Summary4Free
Chapter- 2: Market Overview5Free
Chapter- 3: Market Dynamics6Free
Chapter- 4: Regulatory Landscape2Free
Chapter- 5: Emerging Technologies and Developments4Free
Chapter- 6: Market Segmentation Analysis90Free
Chapter- 7: Competitive Intelligence4Free
Chapter- 8: Sustainability in Plastics Additives Market: ESG Perspective7Free
Chapter- 9: Appendix50Free
Published - Apr-2020| Analyst - Srinivasa Rajaram| Code - PLS022G

Report Highlights

The global market for plastic additives should grow from $60.7 billion in 2020 to reach $77.7 billion by 2025 at a compound annual growth rate (CAGR) of 5.1% for the period of 2020-2025.

Report Includes

  • 68 data tables and 21 additional tables
  • A comprehensive study and in-depth analysis of the global markets for plastics additives
  • Analyses of global market trends with data from 2019, estimates for 2020, and projections of compound annual growth rates (CAGRs) through 2025
  • Information pertaining to supply and pricing of raw materials and the basic feedstock of various plastics additives
  • Key insight into the environmental and regulatory aspects of various plastics additives types
  • Market analysis and revenue forecasts on the basis of type of technology type, application, end use industry, and geographical region covering North America, Europe, Asia-Pacific and emerging economies from rest of the world (RoW)
  • Review of relevant patent data and IPRs covering significant allotments of the U.S. patents on plastics additives
  • Emphasis on new developments within plastics additives technologies and coverage of newer/emerging applications of both thermoset plastics and thermoplastics
  • Recent merger and acquisition details, partnership activities, and economic outlooks of existing manufacturers that shape and influence the global marketplace
  • Company profiles of market leading players, including A&C Catalysts, BASF SE, China General Plastics Corp., The Dow Chemical Co, UBE Industries Ltd.
Published - Jun-2018| Analyst - Srinivasa Rajaram| Code - PLS022F

Report Highlights

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.
Published - Jan-2016| Analyst - Srinivasa Rajaram| Code - PLS022E

Report Highlights

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.

Published - Mar-2014| Analyst - Srinivasa Rajaram| Code - PLS022D

Report Highlights

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.

Published - May-2012| Analyst - Srinivasa Rajaram| Code - PLS022C

Report Highlights

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.

Published - Jun-2009| Analyst - Srinivasa Rajaram| Code - PLS022B

Report Highlights

  • 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%.
Published - May-2001| Analyst - Dirk Muyskens| Code - PLS022A

Report Highlights

  • 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.

Related Reports

Global Market for Plastics Compounding

Published - Jul 2024 | Publisher - BCC Publishing | Code - PLS018H

The global market for plastic compounding is estimated to increase from $57.8 billion in 2023 to reach $80.3 billion by 2029, at a compound annual growth rate (CAGR) of 5.8% from 2024 through 2029.

Flame Retardant Chemicals: Technologies and Global Markets

Published - Nov 2022 | Publisher - BCC Publishing | Code - CHM014Q

The global consumption of flame retardant chemicals is estimated to grow from 6.0 billion pounds in 2022 to 7.5 billion pounds in 2027, at a compound annual growth rate (CAGR) of 4.4% for the period of 2022-2027.

Antimicrobial and Antibacterial Plastics: Global Markets

Published - Mar 2022 | Publisher - BCC Publishing | Code - PLS119A

The global antimicrobial and antibacterial plastics market should reach $47.9 billion by 2026 from $32.8 billion in 2021 at a compound annual growth rate (CAGR) of 7.8% for the forecast period of 2021 to 2026.

Plastic Antioxidants: Global Markets to 2026

Published - Dec 2021 | Publisher - BCC Publishing | Code - PLS116A

The global market for plastic antioxidants is estimated to grow from $2.9 billion in 2021 to $3.6 billion by 2026, with a compound annual growth rate (CAGR) of 4.8% during 2021-2026.

Recent Reports

Global Markets for Plastics Additives

Published - Nov 2024 | Publisher - BCC Publishing | Code - PLS022H

The global market for plastics additives reached $58.9 billion in 2023. The market is expected to grow from $61.5 billion in 2024 to $80.7 billion by 2029, at a compound annual growth rate (CAGR) of 5.6% from 2024 through 2029.

Sustainable Packaging: Global Markets

Published - Sep 2024 | Publisher - BCC Publishing | Code - PLS121B

The global market for sustainable packaging is estimated to increase from $278.1 billion in 2023 to reach $391.1 billion by 2029, at a compound annual growth rate (CAGR) of 6.0% from 2024 through 2029.

Sustainable Plastic Packaging: Global Markets

Published - Aug 2024 | Publisher - Noopur Deshmukh | Code - PLS122B

The global market for sustainable plastic packaging was valued at $81.6 billion in 2023. The market is expected to grow from $86.6 billion in 2024 to $122.4 billion by the end of 2029, at a compound annual growth rate, or CAGR, of 7.2% from 2024 to 2029.

Recycled Plastics in Construction Market

Published - Jul 2024 | Publisher - Yukti Chaturvedi | Code - PLS125A

This report offers a qualitative as well as quantitative analysis of recycled plastics in the construction market. The quantitative analysis includes market estimates and forecasts and is applicable only to buildings. However, it includes trends pertaining to the global construction sector.

Plastic Injection Molding: Global Markets and Technologies

Published - Jul 2024 | Publisher - Yukti Chaturvedi | Code - PLS089D

The global market for plastic injection molding was valued at $191.0 billion in 2023. The market is estimated to grow from $192.7 billion in 2024 to $235.7 billion by the end of 2029, at a compound annual growth rate (CAGR) of 4.1% from 2024 to 2029.

Top Trending Reports

Single-use Technologies for Biopharmaceuticals: Global Markets

Published - Nov 2024 | Publisher - BCC Publishing | Code - BIO099F

The global market for single-use technologies for biopharmaceuticals is expected to grow from $6.5 billion in 2024 and is projected to reach $11.2 billion by the end of 2029, at a compound annual growth rate (CAGR) of 11.6% during the forecast period of 2024 to 2029.

Cell and Gene Therapy Tools, and Reagents: Global Markets

Published - Nov 2024 | Publisher - BCC Publishing | Code - BIO208C

The global market for Cell and Gene Therapy (CGT) Tools and Reagents is estimated to increase from $10.0 billion in 2024 to reach $16.7 billion by 2029, at a compound annual growth rate (CAGR) of 10.8% from 2024 through 2029.

Medical Devices Industry: Competitive Landscape

Published - Nov 2024 | Publisher - BCC Publishing | Code - MDS010C

The global market for medical devices is estimated to increase from 810.4 billion in 2024 to reach $1.3 trillion by 2029, at a compound annual growth rate (CAGR) of 9.8% from 2024 through 2029.

Global Market Opportunities and Competitive Landscape for CDMO

Published - Nov 2024 | Publisher - BCC Publishing | Code - PHM238B

The global CDMO market was valued at $128.0 billion in 2023. This market is expected to grow from $136.6 billion in 2024 to $191.6 billion by the end of 2029, at a compound annual growth rate (CAGR) of 7.0% from 2024 to 2029.

Chronic Disease Management: Therapeutics, Device Technologies and Global Markets

Published - Oct 2024 | Publisher - BCC Publishing | Code - HLC239C

The global market for chronic disease management therapeutics and device technologies was valued at $675.0 billion in 2023. It is projected to grow from $726.3 billion in 2024 to $1.1 trillion by 2029, at a compound annual growth rate (CAGR) of 8.1% from 2024 through 2029.

Become A Member

BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.

Find Out More

Custom Consulting

BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.

Customize Now

Scorecard

The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.

Find Out More

Innovation Spotlight

Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.

Find Out More
Global Markets for Plastics Additives
Sample Report