The market insights of Plastic Antioxidant Market report helps businesses obtain granular level clarity on current business trends and expected future developments. For this, market data is broken down in a systematic process to highlight focus areas of client’s interest. For producing such excellent market research report, principal attributes such as highest level of spirit, practical solutions, dedicated research and analysis, innovation, talent solutions, integrated approaches, most advanced technology and commitment plays a key role. A numerous markets, marketing strategies, trends, future products and rising opportunities have been considered while studying market for preparing this Plastic Antioxidant Market report.
The global plastic antioxidant market is expected to reach USD 2.39 billion by 2025, from USD 1.68 billion in 2017 growing at a CAGR of 4.2% during the forecast period of 2018 to 2025.
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Market Definition: Global Plastic Antioxidant Market
Plastic antioxidants are a class of material which protect plastics from thermally and chemically induced oxidation. These antioxidants are composed of phenolic or phosphite & phosphonite ingredients. Antioxidants have various physical properties such as excellent tensile strength and anti-ageing with impact resistance. Owing to various physical properties they are used in various applications such as aerospace, automotive, coil, petrochemicals, and others
Top Manufacturers Covered in the Report:
Some of the major players operating in the global plastic antioxidant market are – BASF, Songwon, Adeka Corporation, Solvay, SI Group, Clariant, Sumitomo Chemical, 3V Sigma S.P.A, Dover Chemical Corporation, Everspring Chemical Co., Ltd.,Ampacet Corporation, A.Schulman, Astra Polymers Compounding Co Ltd., Emerald Performance Materials, Evonik, Lanxess, Milliken & Company, Omnova Solutions Inc., Oxiris Chemicals S.A., Rifra Masterbatches S.P.A., Wells Plastics Ltd, Sakai Chemical Industry Co., Ltd., Shandong Linyi Sunny Wealth Chemicals Co.
- The global plastic antioxidant market is segmented based on reins, antioxidant type, application, and geographical segments.
- Based on resin, the global plastic antioxidant market is segmented into polypropylene (PP), polyethylene (PE), polyvinyl chloride (PVC), and other polymer resins.
- On the basis of antioxidant type, the global plastic antioxidant market is classified into phenolic antioxidants, phosphite & phosphonite antioxidants, antioxidant blends, and other antioxidant
- Based on geography, the global plastic antioxidant market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific and, Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among other
Major Market Drivers and Restraints:
Plastics replacing conventional materials
Increasing disposable income and rapid urbanization in developing countries
Untapped opportunities in developing countries from the agricultural industry
Health effects of synthetic plastic antioxidant
Reasons to Purchase this Report
- Current and future of Global Plastic Antioxidant Market outlook in the developed and emerging markets
- The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
- Regions/Countries that are expected to witness the fastest growth rates during the forecast period
- The latest developments, market shares, and strategies that are employed by the major market players
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