Title: Plastic Additives Market Analysis and Share 2025
1Plastic Additives Market- Global Industry
Insight, Trends, Outlook, and Opportunity
Analysis 2017-2025
2 REPORT DESCRIPTION
Plastic Additives Market Overview
Plastic additives are chemicals that are used to
polymerize, process or help achieve desired
properties in the end use of plastics. Plastic
additives offer various characteristics such as
improved resistance to chemicals, water, and
scratches, reduced coefficient of friction,
enhanced gloss, improved water repellency,
suppression of shark-skin, and lowered surface
roughness. Plastic additives are also used to
improve the ease of processing of plastics, by
increasing its flowability. Internal lubricants
help improve the melt flow of materials by
lowering the heat dissipation and viscosity.
Plastic additives in comparison to other
additives, better prevent the risk of
microbiological deterioration of plastic
materials that are prone to staining, odor,
discoloration, and aesthetic loss. These
beneficial properties of plastic additives over
other additives are responsible for boosting
growth of the plastic additives market. Plastic
additives are most importantly effective on
materials with electrical insulating properties
and mechanical properties. Plastic additives are
widely used in the automobile and construction
industries, owing to properties such as improved
strength of impact, improved coupling, higher
elongation, reduced brittleness, and higher
plasticity.
3REPORT DESCRIPTION
- Plastic Additives Market Taxonomy
- On the basis of product type, the plastic
additives market is segmented into - Impact Modifiers
- Antioxidants
- Antimicrobials
- Plasticizers
- Flame Retardants
- UV Stabilizers
- On the basis of function, the plastic additives
market is segmented into - Property Modifiers
- Property Extenders
- Property Stabilizers
- Processing Aids
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4REPORT DESCRIPTION
Plastic Additives Market Outlook Increasing
Demand for Recyclable Materials to be the Major
Market Driver Asia Pacific and North America
are expected to be the most potential markets for
plastic additives manufacturers. Asia Pacific is
projected to witness relatively high growth in
terms of value over the forecast period. This is
mainly attributed to the growth in various
end-use industries such as automotive and
construction, especially in emerging economies
such as China and India. According to IBEF, US
300 billion is projected to be generated by the
Indian automotive industry by 2026. India Brand
Equity Foundation (IBEF) is a Trust established
by the Ministry of Commerce and Industry,
Department of Commerce in collaboration with the
Government of India, with the aim to promote and
create international awareness of goods
manufactured in India. On the other hand, Europe
also provides lucrative opportunities for plastic
additive manufacturers due to increasing use of
plastic material in automobile, consumer goods,
and construction industries. Reusable property
of plastic is fueling the demand for plastic
additives, especially in the Asia Pacific and
Middle East regions. However, stringent rules and
regulations on the use of plastic products is
expected to be a major restraining factors for
growth of the plastic additives market over the
forecast period. To Get Discount on this Report
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