Global Plastic Antioxidants Market: Industry Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2017-2021 and Forecast 2022-2028

$ PRICE - $ 3,000.00$ 8,900.00

Global Plastic Antioxidants Market By Antioxidant Type (Phenolic, Phosphite & Phosphonite, Antioxidant Blends and Others), By Polymer Resin (Polyethylene, Polypropylene, Polyvinyl Chloride, Polystyrene, Acrylonitrile Butadiene Styrene and Others), By Form (Solid and Liquid), By Application (Thermoplastic Plastics, Thermosetting and Plastics) and Geography (North America, Latin America, Europe, Asia Pacific and Middle East and Africa)

 

 

 

$ PRICE - $ 3,000.00$ 8,900.00
Clear selection
Clear
$ PRICE - $ 3,000.00$ 8,900.00
FacebookTwitterLinkedinEmail

Report

Description

The plastic antioxidants market is valued at USD 2.2 billion in 2021 and is poised to grow at a significant CAGR of 6.6% over 2022–2028. Plastic antioxidants are chemicals that are included in the manufacturing process of plastic to prevent thermal and oxidative degradation and to lengthen the shelf life of goods. Due to the rising use of polypropylene in packaging applications, which is expected to drive the plastic antioxidant market. Heavy-duty sacks, hygiene films, compounding, and other products all require polypropylene resins, which raises the need for polypropylene and, as a result, for plastic antioxidants. The market for plastic antioxidants has plenty of attractive potential in the automobile sector. After 2020, the automotive industry is forecast to undergo considerable change because electric vehicles are anticipated to make up most of the new vehicle production. By maximizing the ability of polymers to degrade, plastic antioxidant compounds improve resistance to oxidation for the production of automobile components. Due to the growth in traffic accidents worldwide, there has also been an increase in vehicle restoration. Global demand for polymers is rising and, as a result, fueling the demand for plastic antioxidants. In the agricultural industry, plastics are utilized in netting, silage strap wrap, mulch films, greenhouse film covers, and blinds high light transmission from the plastics used in agriculture aids plants’ growth. Increased solar radiation and mechanical stress must be able to handle agricultural plastics. Antioxidants are therefore employed to give agricultural plastics processing, thermal, and discoloration resistance. India is one nation that hasn’t looked at the advantages of plastics in agriculture. Furthermore, to sustain competitiveness in the industry, the big players are putting various methods into practice, such as agreements, corporate expansion, and product launches. The manufacturer of plastic antioxidants, BASF, has implemented different growth strategies, including development in the plastic antioxidants industry. The business just launched a new antioxidant production facility in Shanghai. The company has also increased its production capacity for Irganox 1010 globally. The corporation wants to meet the rising demand from clients in the Middle East, Africa, Asia, and Europe from its regional supply locations.

Recent Market Developments:

In December 2019, BASF launched a new antioxidant manufacturing plant in Shanghai, China.

Plastic Antioxidants Market

MARKET SUMMARY
-
6.6%
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR– 6.6%
  • Largest Market– Asia Pacific
  • Fastest Growing Market– North America

Plastic Antioxidants Market

  • The global plastic antioxidants market report gives comprehensive outlook across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.
  • The plastic antioxidants market report gives historical, current, and future market sizes (US$ Mn) based on type, polymer resin, application, and geography.
Key Players
  • Adeka Corporation
  • Solvay
  • SI Group
  • Clariant
  • Sumitomo Chemical
Plastic Antioxidants Market Drivers

Many types of polymers, including PE, PP, and PVC, include antioxidants. Industries include packaging, building & construction, and automobile employ these plastics. Compared to more traditional materials like metals, glass, paper, and ceramic, plastics have better mechanical and electrical qualities, improved abrasion resistance, and higher chemical resistance. In the packaging, building & construction, and automotive industries, plastics have replaced metals, glass, paper, and ceramic due to ongoing innovation and the need for more lightweight materials in several sectors. This is anticipated to fuel the plastic antioxidants industry. On the other hand, the market for plastic antioxidants is constrained by the presence of alternatives and the execution of strict regulatory policies.


Asia Pacific got significant share

Plastic Antioxidants Market

The plastic antioxidants market in Asia Pacific are likely to hold a significant revenue share in 2021, and, in the following years, it is predicted to increase rapidly. The demand for plastic antioxidants has been rising in nations like China and India due to the expanding use of different resins in various end-user sectors, including electrical and electronics, automotive, and oil and gas. Polyethylene and polypropylene resins are increasingly in demand in the building and construction industry because of their thermal and oxidation resistance qualities. The plastic antioxidants are further fueled by the region's rising industrialization and urbanization. The biggest market in Europe for plastic antioxidants is Germany. The region's plastic antioxidants market is expanding because of the increasing demand for plastics from numerous industries, including packaging, building & construction, automotive, electronic & electrical, agricultural, consumer & home products, and furniture.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Key Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market and forecast.
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
Segmentation

Plastic Antioxidants Market


Location

GEOGRAPHY

Frequently Asked Questions

The plastic antioxidants market is projected to expand at a CAGR of 6.6% during the forecast period.

BASF SE, SONGWON Industrial Group, SI Group, Inc., Solvay S.A., 3V Sigma USA Inc.

Asia Pacific  is the fastest-growing region for plastic antioxidants market


Report

Table Of Content

  1. Executive Summary
  2. Global Plastic Antioxidants Market Introduction
    • Global Plastic Antioxidants Market – Taxonomy
    • Global Plastic Antioxidants Market –Definitions
      • By Antioxidant Type
      • By Polymer Resin
      • By Form
      • By Application
  1. Global Plastic Antioxidants Market Dynamics
    • Drivers
    • Restraints
    • Opportunities/Unmet Needs of the Market
    • Trends
    • Global Plastic Antioxidants Market Dynamic Factors – Impact Analysis
    • Global Plastic Antioxidants Market – Competition Landscape
  2. Global Plastic Antioxidants Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025
    • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Year-over-Year (Y-o-Y) Growth Analysis (%)
    • Market Opportunity Analysis
  3. Global Plastic Antioxidants Market, By Antioxidant Type, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Phenolic
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Phosphite & Phosphonite
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Antioxidant Blends
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Plastic Antioxidants Market Forecast, By Polymer Resin, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Polyethylene
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Polypropylene
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Polyvinyl Chloride
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Polystyrene
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Acrylonitrile Butadiene Styrene
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Plastic Antioxidants Market Forecast, By Form, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Solid
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Liquid
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Plastic Antioxidants Market Forecast, By Application, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Thermoplastic Plastics
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Thermosetting Plastics
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Plastic Antioxidants Market Forecast, By Region, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • North America
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Europe
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Asia-Pacific
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Latin America
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Middle East and Africa
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Global Plastic Antioxidants Market – Opportunity Analysis Index, By Antioxidant Type, By Polymer Resin, By Form, By Application and Region, 2019 – 2025
  2. North America Plastic Antioxidants Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • By Antioxidant Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Phenolic
      • Phosphite & Phosphonite
      • Antioxidant Blends
      • Others
    • By Polymer Resin Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Polyethylene
      • Polypropylene
      • Polyvinyl Chloride
      • Polystyrene
      • Acrylonitrile Butadiene Styrene
      • Others
    • By Form Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Solid
      • Liquid
    • By Application Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Thermoplastic Plastics
      • Thermosetting Plastics
    • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • S.
      • Canada
    • North America Plastic Antioxidants Market – Opportunity Analysis Index, By Antioxidant Type, By Polymer Resin, By Form, By Application and Country, 2019 – 2025
    • North America Plastic Antioxidants Market Dynamics – Trends
  3. Europe Plastic Antioxidants Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • By Antioxidant Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Phenolic
      • Phosphite & Phosphonite
      • Antioxidant Blends
      • Others
    • By Polymer Resin Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Polyethylene
      • Polypropylene
      • Polyvinyl Chloride
      • Polystyrene
      • Acrylonitrile Butadiene Styrene
      • Others
    • By Form Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Solid
      • Liquid
    • By Application Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Thermoplastic Plastics
      • Thermosetting Plastics
    • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Germany
      • UK
      • France
      • Spain
      • Italy
      • Russia
      • Poland
      • Rest of Europe
    • Europe Plastic Antioxidants Market – Opportunity Analysis Index, By Antioxidant Type, By Polymer Resin, By Form, By Application and Country, 2019 – 2025
    • Europe Plastic Antioxidants Market Dynamics – Trends
  4. Asia-Pacific Plastic Antioxidants Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • By Antioxidant Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Phenolic
      • Phosphite & Phosphonite
      • Antioxidant Blends
      • Others
    • By Polymer Resin Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Polyethylene
      • Polypropylene
      • Polyvinyl Chloride
      • Polystyrene
      • Acrylonitrile Butadiene Styrene
      • Others
    • By Form Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Solid
      • Liquid
    • By Application Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Thermoplastic Plastics
      • Thermosetting Plastics
    • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Japan
      • China
      • India
      • ASEAN
      • Australia & New Zealand
      • Rest of Asia-Pacific
    • Asia-Pacific Plastic Antioxidants Market – Opportunity Analysis Index, By Antioxidant Type, By Polymer Resin, By Form, By Application and Country, 2019 – 2025
    • Asia-Pacific Plastic Antioxidants Market Dynamics – Trends
  5. Latin America Plastic Antioxidants Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • By Antioxidant Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Phenolic
      • Phosphite & Phosphonite
      • Antioxidant Blends
      • Others
    • By Polymer Resin Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Polyethylene
      • Polypropylene
      • Polyvinyl Chloride
      • Polystyrene
      • Acrylonitrile Butadiene Styrene
      • Others
    • By Form Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Solid
      • Liquid
    • By Application Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Thermoplastic Plastics
      • Thermosetting Plastics
    • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Brazil
      • Mexico
      • Argentina
      • Rest of Latin America
    • Latin America Plastic Antioxidants Market – Opportunity Analysis Index, By Antioxidant Type, By Polymer Resin, By Form, By Application and Country, 2019 – 2025
    • Latin America Plastic Antioxidants Market Dynamics – Trends
  6. Middle East and Africa Plastic Antioxidants Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • By Antioxidant Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Phenolic
      • Phosphite & Phosphonite
      • Antioxidant Blends
      • Others
    • By Polymer Resin Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Polyethylene
      • Polypropylene
      • Polyvinyl Chloride
      • Polystyrene
      • Acrylonitrile Butadiene Styrene
      • Others
    • By Form Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Solid
      • Liquid
    • By Application Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Thermoplastic Plastics
      • Thermosetting Plastics
    • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Gulf Cooperation Council (GCC) Countries
      • Israel
      • South Africa
      • Rest of MEA
    • MEA Plastic Antioxidants Market – Opportunity Analysis Index, By Antioxidant Type, By Polymer Resin, By Form, By Application and Country, 2019 – 2025
    • MEA Plastic Antioxidants Market Dynamics – Trends
  7. Competition Landscape
    • Strategic Dashboard of Top Market Players
      • Company Profiles (Introduction, Financial Analysis, By Antioxidant Type & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
      • BASF
      • Songwon
      • Adeka Corporation
      • Solvay
      • SI Group
      • Clariant
      • Sumitomo Chemical
      • 3V Sigma S.P.A
      • Dover Chemical Corporation
      • Everspring Chemical Co., Ltd.
      • Ampacet Corporation
      • Schulman
      • Astra Polymers Compounding Co Ltd.
      • Krishna Antioxidants Pvt. Ltd.
      • Wells Plastics Ltd
  1. Research Methodology
  2. Key Assumptions and Acronyms

Report

Company Profile

  • BASF
  • Songwon
  • Adeka Corporation
  • Solvay
  • SI Group
  • Clariant
  • Sumitomo Chemical
  • 3V Sigma S.P.A
  • Dover Chemical Corporation
  • Everspring Chemical Co., Ltd.
  • Ampacet Corporation
  • Schulman
  • Astra Polymers Compounding Co Ltd.
  • Krishna Antioxidants Pvt. Ltd.
  • Wells Plastics Ltd

Description

The plastic antioxidants market is valued at USD 2.2 billion in 2021 and is poised to grow at a significant CAGR of 6.6% over 2022–2028. Plastic antioxidants are chemicals that are included in the manufacturing process of plastic to prevent thermal and oxidative degradation and to lengthen the shelf life of goods. Due to the rising use of polypropylene in packaging applications, which is expected to drive the plastic antioxidant market. Heavy-duty sacks, hygiene films, compounding, and other products all require polypropylene resins, which raises the need for polypropylene and, as a result, for plastic antioxidants. The market for plastic antioxidants has plenty of attractive potential in the automobile sector. After 2020, the automotive industry is forecast to undergo considerable change because electric vehicles are anticipated to make up most of the new vehicle production. By maximizing the ability of polymers to degrade, plastic antioxidant compounds improve resistance to oxidation for the production of automobile components. Due to the growth in traffic accidents worldwide, there has also been an increase in vehicle restoration. Global demand for polymers is rising and, as a result, fueling the demand for plastic antioxidants. In the agricultural industry, plastics are utilized in netting, silage strap wrap, mulch films, greenhouse film covers, and blinds high light transmission from the plastics used in agriculture aids plants’ growth. Increased solar radiation and mechanical stress must be able to handle agricultural plastics. Antioxidants are therefore employed to give agricultural plastics processing, thermal, and discoloration resistance. India is one nation that hasn’t looked at the advantages of plastics in agriculture. Furthermore, to sustain competitiveness in the industry, the big players are putting various methods into practice, such as agreements, corporate expansion, and product launches. The manufacturer of plastic antioxidants, BASF, has implemented different growth strategies, including development in the plastic antioxidants industry. The business just launched a new antioxidant production facility in Shanghai. The company has also increased its production capacity for Irganox 1010 globally. The corporation wants to meet the rising demand from clients in the Middle East, Africa, Asia, and Europe from its regional supply locations.

Recent Market Developments:

In December 2019, BASF launched a new antioxidant manufacturing plant in Shanghai, China.

ASIA PACIFIC OFFICE

Precision Business Insights, 5th Floor, Mohan’s Elite, Opp : Bharat Petroleum Pump, Khanamet Road, Hitech City, Hyderabad – 500084

EUROPE OFFICE

Precision Business Insights, Kemp House, 152 – 160 City Road, London EC1V 2NX