Plastic Antioxidants Market Insights
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.
|
Plastic Antioxidants Market - Snapshot
|
|
Growth
|
5.2% for the next five years
|
|
Major Polymer Resin Type
|
Polypropylene
|
|
Dominant Antioxidant Type
|
Phenolic antioxidants
|
|
Region with the highest demand
|
Asia-Pacific
|
|
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.
|
Wish to Get a Free Sample? Click here.
Plastic Antioxidants Market Share: By Polymer Resin Type
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.
Plastic Antioxidants Market Share: By Antioxidant Type
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.
Plastic Antioxidants Market Share: By Region
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.
Market Scope & Segmentation
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.
|
Plastic Antioxidants Market Research Report – Features
|
|
Market Segmentation
|
3 ways
|
|
Regions Covered
|
4
|
|
Countries/Sub-Regions Covered
|
15
|
|
No. of Figures & Tables
|
>150
|
|
Company Profiles
|
10
|
The plastic antioxidants market is segmented into the following categories.
Plastic Antioxidants Market, by Polymer Resin Type:
- Polypropylene (PP) (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Polyethylene (PE) (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Polyvinyl Chloride (PVC) (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Polystyrene (PS) (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Acrylonitrile Butadiene Styrene (ABS) (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Plastic Antioxidants Market, by Antioxidant Type:
- Phenolic Antioxidants (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Phosphite & Phosphonite Antioxidants (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Antioxidant Blends (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Plastic Antioxidants Market, by Region:
- North America (Country Analysis: the USA, Canada, and Mexico)
- Europe (Country Analysis: Germany, France, the UK, Russia, and Rest of Europe)
- Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
- Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)
Research Methodology
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.
Report Features
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:
- Market structure: Overview, industry life cycle analysis, supply chain analysis
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Market trend and forecast analysis
- Market segment trend and forecast
- Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
- Attractive market segments and associated growth opportunities
- Emerging trends
- Strategic growth opportunities for the existing and new players
- Key success factors
Report Customization Options
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
- Detailed profiling of additional market players (up to 3 players)
- SWOT analysis of key players (up to 3 players)
Market Segmentation
- Current market segmentation of any one of the polymer resin types by antioxidant type.
Competitive Benchmarking
- Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected].
