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Plastic Antioxidants Market Report
The Market is Segmented by Polymer Resin Type (Polypropylene, Polyethylene, Polyvinyl Chloride, Polystyrene, Acrylonitrile Butadiene Styrene, and Others), by Antioxidants Type (Phenolic Antioxidants, Phosphite & Phosphonite Antioxidants, Antioxidant Blends, and Others), and by Region ...
Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues has gone down in 2020 and may resume an uptrend gradually form 2021. Companies optimizing their operation and statergy will sustain and beat the competition.
Note: The summary below might not have included insights on covid impact since we have large number of reports.
Plastic antioxidants market is likely to witness an impressive CAGR of 5.2% during the forecast period. Rapid urbanization, rising disposable income, improved standard of living, and replacement of conventional materials by plastics in various end-use industries are some of the factors that are driving the plastic antioxidants market globally.
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Plastic Antioxidants Market - Snapshot |
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Growth |
5.2% for the next five years |
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Major Polymer Resin Type |
Polypropylene |
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Dominant Antioxidant Type |
Phenolic antioxidants |
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Region with the highest demand |
Asia-Pacific |
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Key Players |
BASF SE, Adeka Corporation, Solvay SA, 3V Sigma S.P.A, Dover Chemical Corporation, Everspring Chemical Co. Ltd., Ampacet Corporation, Astra Polymers Compounding Co Ltd., and Evonik Industries AG. |
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Based on the polymer resin type, the market is segmented as polypropylene, polyethylene, polyvinyl chloride, polystyrene, acrylonitrile butadiene styrene, and others. The polypropylene segment is estimated to have the highest growth in the coming five years. The market is driven by the properties of tertiary carbon atoms present in polypropylene, such as susceptibility to oxidation and thermal degradation. The acrylonitrile butadiene styrene segment is also expected to register the highest growth during the forecast period. The growth is attributed to its high demand from various end-use industries.
Based on the antioxidant type, the market is segmented as phenolic antioxidants, phosphite & phosphonite antioxidants, antioxidant blends, and others. Phenolic antioxidants are estimated to lead the market during the forecast period. The growing production and adoption of polypropylene and polyethylene for primary use is expected to drive the growth of this segment.
In terms of regions, Asia-Pacific is expected to have the highest growth for plastic antioxidants in the coming five years in terms of both value and volume. China and India are the growth engines of the region. The market is sustained by rising disposable income, ameliorated standard of living, and increasing demand from various end-use industries. North America and Europe are also expected to offer sizeable growth opportunities during the forecast period.
Some of the plastic antioxidant manufacturers are BASF SE, Adeka Corporation, Solvay SA, 3V Sigma S.P.A, Dover Chemical Corporation, Everspring Chemical Co., Ltd., Ampacet Corporation, Astra Polymers Compounding Co Ltd., and Evonik Industries AG.
Plastic antioxidants are the elements that help in protecting the plastic materials from thermal oxidation. Different oxidants react on different elements of the oxidation process and also show up different reactivity levels in different temperatures.
Plastic antioxidants are effective during different temperature ranges and help in improving the thermal stability and processing of plastics. There are also other such antioxidants that work only in high temperature and works best in its solid phase. Two oxidants can be blended at times to offer results that are much efficient than the single antioxidant.
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
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Plastic Antioxidants Market Research Report – Features |
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Market Segmentation |
3 ways |
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Regions Covered |
4 |
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Countries/Sub-Regions Covered |
15 |
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No. of Figures & Tables |
>150 |
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Company Profiles |
10 |
The plastic antioxidants market is segmented into the following categories.
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Market Segmentation
Competitive Benchmarking
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