Global plastic additives market forecasts sustainable growth.
The global plastic additives market is expected to achieve sustained growth from 2023 to 2032. Market revenue is projected to increase from 56.1 billion USD in 2023 to 89.2 billion USD by 2032, with a compound annual growth rate (CAGR) of 5.3% during this period. Plastic additives are chemicals used to process, modify, and polymerize the properties of end-user polymers. These additives are incorporated into polymers to enhance product heat resistance, durability, and strength. Furthermore, there are various functional types, including processing aids, stabilizers, flame retardants, modifiers, and plasticizers, which are widely used in diverse industrial applications. For application methods, please check the [PDF download] button or apply directly through the related links.
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Major Companies: Albemarle Corporation SONGWON Industries Co. Ltd Nouryon KANEKA CORPORATION Lanxess Corporation Dow Evonik Industries AG BASF SE Exxon Mobil Corporation Clariant Ltd. By Type Plasticizers Flame Retardants Impact Modifiers Lubricants Antioxidants Antimicrobials UV Stabilizers Others By Plastic Type General-purpose Plastics Engineering Plastics High-performance Plastics By Application Packaging Automotive Agriculture Architecture and Construction Consumer Goods Electrical and Electronics Others
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