Global Plastic Additives Market 2023-2027

Description

List of Tables

Technavio has been monitoring the plastic additives market and is forecast to grow by $19.86 bn during 2022-2027, accelerating at a CAGR of 6.45% during the forecast period. Our report on the plastic additives market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for recycled plastics from packaging industry, developing countries to boost the demand for plastic additives, and increased demand from e-commerce market.

Technavio's plastic additives market is segmented as below:

By Type

Modifier
Stabilizers
Extenders
Processing aids

By Application

Packaging
Consumer goods
Automotive
Electrical and electronics
Others

By Geography

APAC
North America
Europe
South America
Middle East and Africa

This study identifies the increasing demand for bio-based plasticizers as one of the prime reasons driving the plastic additives market growth during the next few years. Also, use of plastic waste for bitumen replacement and growing demand for biodegradable resins will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the plastic additives market covers the following areas:

Plastic additives market sizing
Plastic additives market forecast
Plastic additives market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading plastic additives market vendors that include ADEKA Corp., Albemarle Corp., Avient Corp., Baerlocher GmbH, Clariant AG, Covestro AG, Dow Inc., Evonik Industries AG, Exxon Mobil Corp., Grafe Advanced Polymers GmbH, Kaneka Corp., Lanxess AG, Milliken and Co., Mitsui Chemicals Inc., Nouryon Chemicals Holding BV, PMC Group Inc., Sabo Spa, Sakai Chemical Industry Co. Ltd., Songwon Industrial Co Ltd, and BASF SE. Also, the plastic additives market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR43551

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market by Geography
Exhibit 05: Executive Summary - Chart on Market Segmentation by Type
Exhibit 06: Executive Summary - Chart on Market Segmentation by Application
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global plastic additives market 2017 - 2021
Exhibit 18: Historic Market Size - Data Table on Global plastic additives market 2017 - 2021 ($ billion)
4.2 Type Segment Analysis 2017 - 2021
Exhibit 19: Historic Market Size - Type Segment 2017 - 2021 ($ billion)
4.3 Application Segment Analysis 2017 - 2021
Exhibit 20: Historic Market Size - Application Segment 2017 - 2021 ($ billion)
4.4 Geography Segment Analysis 2017 - 2021
Exhibit 21: Historic Market Size - Geography Segment 2017 - 2021 ($ billion)
4.5 Country Segment Analysis 2017 - 2021
Exhibit 22: Historic Market Size - Country Segment 2017 - 2021 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Type

6.1 Market segments
Exhibit 30: Chart on Type - Market share 2022-2027 (%)
Exhibit 31: Data Table on Type - Market share 2022-2027 (%)
6.2 Comparison by Type
Exhibit 32: Chart on Comparison by Type
Exhibit 33: Data Table on Comparison by Type
6.3 Modifier - Market size and forecast 2022-2027
Exhibit 34: Chart on Modifier - Market size and forecast 2022-2027 ($ billion)
Exhibit 35: Data Table on Modifier - Market size and forecast 2022-2027 ($ billion)
Exhibit 36: Chart on Modifier - Year-over-year growth 2022-2027 (%)
Exhibit 37: Data Table on Modifier - Year-over-year growth 2022-2027 (%)
6.4 Stabilizers - Market size and forecast 2022-2027
Exhibit 38: Chart on Stabilizers - Market size and forecast 2022-2027 ($ billion)
Exhibit 39: Data Table on Stabilizers - Market size and forecast 2022-2027 ($ billion)
Exhibit 40: Chart on Stabilizers - Year-over-year growth 2022-2027 (%)
Exhibit 41: Data Table on Stabilizers - Year-over-year growth 2022-2027 (%)
6.5 Extenders - Market size and forecast 2022-2027
Exhibit 42: Chart on Extenders - Market size and forecast 2022-2027 ($ billion)
Exhibit 43: Data Table on Extenders - Market size and forecast 2022-2027 ($ billion)
Exhibit 44: Chart on Extenders - Year-over-year growth 2022-2027 (%)
Exhibit 45: Data Table on Extenders - Year-over-year growth 2022-2027 (%)
6.6 Processing aids - Market size and forecast 2022-2027
Exhibit 46: Chart on Processing aids - Market size and forecast 2022-2027 ($ billion)
Exhibit 47: Data Table on Processing aids - Market size and forecast 2022-2027 ($ billion)
Exhibit 48: Chart on Processing aids - Year-over-year growth 2022-2027 (%)
Exhibit 49: Data Table on Processing aids - Year-over-year growth 2022-2027 (%)
6.7 Market opportunity by Type
Exhibit 50: Market opportunity by Type ($ billion)

7 Market Segmentation by Application

7.1 Market segments
Exhibit 51: Chart on Application - Market share 2022-2027 (%)
Exhibit 52: Data Table on Application - Market share 2022-2027 (%)
7.2 Comparison by Application
Exhibit 53: Chart on Comparison by Application
Exhibit 54: Data Table on Comparison by Application
7.3 Packaging - Market size and forecast 2022-2027
Exhibit 55: Chart on Packaging - Market size and forecast 2022-2027 ($ billion)
Exhibit 56: Data Table on Packaging - Market size and forecast 2022-2027 ($ billion)
Exhibit 57: Chart on Packaging - Year-over-year growth 2022-2027 (%)
Exhibit 58: Data Table on Packaging - Year-over-year growth 2022-2027 (%)
7.4 Consumer goods - Market size and forecast 2022-2027
Exhibit 59: Chart on Consumer goods - Market size and forecast 2022-2027 ($ billion)
Exhibit 60: Data Table on Consumer goods - Market size and forecast 2022-2027 ($ billion)
Exhibit 61: Chart on Consumer goods - Year-over-year growth 2022-2027 (%)
Exhibit 62: Data Table on Consumer goods - Year-over-year growth 2022-2027 (%)
7.5 Automotive - Market size and forecast 2022-2027
Exhibit 63: Chart on Automotive - Market size and forecast 2022-2027 ($ billion)
Exhibit 64: Data Table on Automotive - Market size and forecast 2022-2027 ($ billion)
Exhibit 65: Chart on Automotive - Year-over-year growth 2022-2027 (%)
Exhibit 66: Data Table on Automotive - Year-over-year growth 2022-2027 (%)
7.6 Electrical and electronics - Market size and forecast 2022-2027
Exhibit 67: Chart on Electrical and electronics - Market size and forecast 2022-2027 ($ billion)
Exhibit 68: Data Table on Electrical and electronics - Market size and forecast 2022-2027 ($ billion)
Exhibit 69: Chart on Electrical and electronics - Year-over-year growth 2022-2027 (%)
Exhibit 70: Data Table on Electrical and electronics - Year-over-year growth 2022-2027 (%)
7.7 Others - Market size and forecast 2022-2027
Exhibit 71: Chart on Others - Market size and forecast 2022-2027 ($ billion)
Exhibit 72: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
Exhibit 73: Chart on Others - Year-over-year growth 2022-2027 (%)
Exhibit 74: Data Table on Others - Year-over-year growth 2022-2027 (%)
7.8 Market opportunity by Application
Exhibit 75: Market opportunity by Application ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 76: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 77: Chart on Market share by geography 2022-2027 (%)
Exhibit 78: Data Table on Market share by geography 2022-2027 (%)
9.2 Geographic comparison
Exhibit 79: Chart on Geographic comparison
Exhibit 80: Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2022-2027
Exhibit 81: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
Exhibit 82: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
Exhibit 83: Chart on APAC - Year-over-year growth 2022-2027 (%)
Exhibit 84: Data Table on APAC - Year-over-year growth 2022-2027 (%)
9.4 North America - Market size and forecast 2022-2027
Exhibit 85: Chart on North America - Market size and forecast 2022-2027 ($ billion)
Exhibit 86: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
Exhibit 87: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibit 88: Data Table on North America - Year-over-year growth 2022-2027 (%)
9.5 Europe - Market size and forecast 2022-2027
Exhibit 89: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
Exhibit 90: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
Exhibit 91: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibit 92: Data Table on Europe - Year-over-year growth 2022-2027 (%)
9.6 South America - Market size and forecast 2022-2027
Exhibit 93: Chart on South America - Market size and forecast 2022-2027 ($ billion)
Exhibit 94: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
Exhibit 95: Chart on South America - Year-over-year growth 2022-2027 (%)
Exhibit 96: Data Table on South America - Year-over-year growth 2022-2027 (%)
9.7 Middle East and Africa - Market size and forecast 2022-2027
Exhibit 97: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
Exhibit 98: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
Exhibit 99: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibit 100: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
9.8 China - Market size and forecast 2022-2027
Exhibit 101: Chart on China - Market size and forecast 2022-2027 ($ billion)
Exhibit 102: Data Table on China - Market size and forecast 2022-2027 ($ billion)
Exhibit 103: Chart on China - Year-over-year growth 2022-2027 (%)
Exhibit 104: Data Table on China - Year-over-year growth 2022-2027 (%)
9.9 US - Market size and forecast 2022-2027
Exhibit 105: Chart on US - Market size and forecast 2022-2027 ($ billion)
Exhibit 106: Data Table on US - Market size and forecast 2022-2027 ($ billion)
Exhibit 107: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibit 108: Data Table on US - Year-over-year growth 2022-2027 (%)
9.10 Germany - Market size and forecast 2022-2027
Exhibit 109: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
Exhibit 110: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
Exhibit 111: Chart on Germany - Year-over-year growth 2022-2027 (%)
Exhibit 112: Data Table on Germany - Year-over-year growth 2022-2027 (%)
9.11 France - Market size and forecast 2022-2027
Exhibit 113: Chart on France - Market size and forecast 2022-2027 ($ billion)
Exhibit 114: Data Table on France - Market size and forecast 2022-2027 ($ billion)
Exhibit 115: Chart on France - Year-over-year growth 2022-2027 (%)
Exhibit 116: Data Table on France - Year-over-year growth 2022-2027 (%)
9.12 Saudi Arabia - Market size and forecast 2022-2027
Exhibit 117: Chart on Saudi Arabia - Market size and forecast 2022-2027 ($ billion)
Exhibit 118: Data Table on Saudi Arabia - Market size and forecast 2022-2027 ($ billion)
Exhibit 119: Chart on Saudi Arabia - Year-over-year growth 2022-2027 (%)
Exhibit 120: Data Table on Saudi Arabia - Year-over-year growth 2022-2027 (%)
9.13 Market opportunity by geography
Exhibit 121: Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 122: Impact of drivers and challenges in 2022 and 2027
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 123: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 124: Overview on factors of disruption
11.4 Industry risks
Exhibit 125: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 126: Vendors covered
12.2 Market positioning of vendors
Exhibit 127: Matrix on vendor position and classification
12.3 ADEKA Corp.
Exhibit 128: ADEKA Corp. - Overview
Exhibit 129: ADEKA Corp. - Business segments
Exhibit 130: ADEKA Corp. - Key offerings
Exhibit 131: ADEKA Corp. - Segment focus
12.4 Avient Corp.
Exhibit 132: Avient Corp. - Overview
Exhibit 133: Avient Corp. - Business segments
Exhibit 134: Avient Corp. - Key offerings
Exhibit 135: Avient Corp. - Segment focus
12.5 Baerlocher GmbH
Exhibit 136: Baerlocher GmbH - Overview
Exhibit 137: Baerlocher GmbH - Product / Service
Exhibit 138: Baerlocher GmbH - Key offerings
12.6 BASF SE
Exhibit 139: BASF SE - Overview
Exhibit 140: BASF SE - Business segments
Exhibit 141: BASF SE - Key news
Exhibit 142: BASF SE - Key offerings
Exhibit 143: BASF SE - Segment focus
12.7 Clariant AG
Exhibit 144: Clariant AG - Overview
Exhibit 145: Clariant AG - Business segments
Exhibit 146: Clariant AG - Key news
Exhibit 147: Clariant AG - Key offerings
Exhibit 148: Clariant AG - Segment focus
12.8 Dow Inc.
Exhibit 149: Dow Inc. - Overview
Exhibit 150: Dow Inc. - Business segments
Exhibit 151: Dow Inc. - Key news
Exhibit 152: Dow Inc. - Key offerings
Exhibit 153: Dow Inc. - Segment focus
12.9 Evonik Industries AG
Exhibit 154: Evonik Industries AG - Overview
Exhibit 155: Evonik Industries AG - Business segments
Exhibit 156: Evonik Industries AG - Key news
Exhibit 157: Evonik Industries AG - Key offerings
Exhibit 158: Evonik Industries AG - Segment focus
12.10 Exxon Mobil Corp.
Exhibit 159: Exxon Mobil Corp. - Overview
Exhibit 160: Exxon Mobil Corp. - Business segments
Exhibit 161: Exxon Mobil Corp. - Key news
Exhibit 162: Exxon Mobil Corp. - Key offerings
Exhibit 163: Exxon Mobil Corp. - Segment focus
12.11 Grafe Advanced Polymers GmbH
Exhibit 164: Grafe Advanced Polymers GmbH - Overview
Exhibit 165: Grafe Advanced Polymers GmbH - Product / Service
Exhibit 166: Grafe Advanced Polymers GmbH - Key offerings
12.12 Kaneka Corp.
Exhibit 167: Kaneka Corp. - Overview
Exhibit 168: Kaneka Corp. - Business segments
Exhibit 169: Kaneka Corp. - Key offerings
Exhibit 170: Kaneka Corp. - Segment focus
12.13 Lanxess AG
Exhibit 171: Lanxess AG - Overview
Exhibit 172: Lanxess AG - Business segments
Exhibit 173: Lanxess AG - Key offerings
Exhibit 174: Lanxess AG - Segment focus
12.14 Mitsui Chemicals Inc.
Exhibit 175: Mitsui Chemicals Inc. - Overview
Exhibit 176: Mitsui Chemicals Inc. - Business segments
Exhibit 177: Mitsui Chemicals Inc. - Key offerings
Exhibit 178: Mitsui Chemicals Inc. - Segment focus
12.15 Nouryon Chemicals Holding BV
Exhibit 179: Nouryon Chemicals Holding BV - Overview
Exhibit 180: Nouryon Chemicals Holding BV - Business segments
Exhibit 181: Nouryon Chemicals Holding BV - Key news
Exhibit 182: Nouryon Chemicals Holding BV - Key offerings
Exhibit 183: Nouryon Chemicals Holding BV - Segment focus
12.16 Sakai Chemical Industry Co. Ltd.
Exhibit 184: Sakai Chemical Industry Co. Ltd. - Overview
Exhibit 185: Sakai Chemical Industry Co. Ltd. - Product / Service
Exhibit 186: Sakai Chemical Industry Co. Ltd. - Key offerings
12.17 Songwon Industrial Co Ltd
Exhibit 187: Songwon Industrial Co Ltd - Overview
Exhibit 188: Songwon Industrial Co Ltd - Business segments
Exhibit 189: Songwon Industrial Co Ltd - Key offerings
Exhibit 190: Songwon Industrial Co Ltd - Segment focus

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 191: Inclusions checklist
Exhibit 192: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 193: Currency conversion rates for US$
13.4 Research methodology
Exhibit 194: Research methodology
Exhibit 195: Validation techniques employed for market sizing
Exhibit 196: Information sources
13.5 List of abbreviations
Exhibit 197: List of abbreviations
- in crude oil prices: The volatility of crude oil prices is one of the key challenges in the global commodity chemicals market. The volatility of crude oil prices impacts the pricing strategies and margins of adhesives, sealants, lubricants, oilfield cleaners, polymers, as well as plastic additives. The margins of the commodity chemicals are inherently dependent on the global prices of crude oil, which is one of the key raw materials. Any volatility in the prices of crude oil causes uncertainty in end-use markets and eventually influences the margins of all the key stakeholders, including the vendors in the global commodity chemicals market. These fluctuations adversely affect the profitability, cost of sales, and the ability of vendors to effectively address the demands of consumers.