HOME Top Market Reports Plastic Additives Market by Type (Plasticizers, Stabilizers, Flame Retardants, Impact Modifiers), Plastic (Commodity, Engineering, and High Performance Plastic), and by Application (Packaging, Construction, Consumer Goods, Automotive) - Global Trends & Forecasts to 2019

Plastic Additives Market by Type (Plasticizers, Stabilizers, Flame Retardants, Impact Modifiers), Plastic (Commodity, Engineering, and High Performance Plastic), and by Application (Packaging, Construction, Consumer Goods, Automotive) - Global Trends & Forecasts to 2019

By: marketsandmarkets.com
Publishing Date: March 2015
Report Code: CH 1184

 

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Plastic additives are materials that are added to enhance the processability, performance, or appearance of the polymer. There are several types of plastic additives such as plasticizers, light & UV stabilizers, blowing agents, nucleating agents, fillers, impact modifiers, and flame retardants among others. These additives are used to maximize the performance of polymers to which they are added and fulfill the end product requirement.

Global demand for plastic additives is projected to reach $47 Billion by 2019 from $37.2 Billion in 2014 at a CAGR of 4.8%. The Asia-Pacific region remains the largest market for plastic additives, followed by North America. Large consumer market, increasing disposable income, and rapid urbanization in India and China are driving the plastic additives market in Asia-Pacific. By Application, packaging is estimated to be the largest segment of the plastic additives market in 2013. Packaging and automotive segments are projected to have the highest growth rate in plastic additives market by application between 2014 and 2019.

New product development & launch is the main area of focus for the players in the plastic additives market. Major initiatives are aimed at developing new variants of plastic additives with better performance qualities and increased functionality. The companies are also investing in the setting up of new facilities, mainly in emerging regions; they are trying to increase their global presence to address the growing demand in the emerging markets. All these developments are a reaction to the increasing demand for plastic additives applications in emerging regions with high development rate.

This report estimates the plastic additives market for 2014, and projects its expected market size till 2019. It also provides a detailed qualitative and quantitative analysis of the plastic additives market. Various secondary sources, such as encyclopedia, directories, and databases are used to identify and collect information that is useful for this extensive commercial study. The primary sources experts from related industries and suppliers have been interviewed to obtain and verify critical information as well as to assess the future prospects of the plastic additives market.

Competitive scenarios of the top players in the plastic additives market have been discussed in detail. We have also profiled the leading players of this industry with their recent developments and other strategic industry activities. These top companies include Albemarle Corporation (U.S.), AkzoNobel N.V. (The Netherlands), BASF SE (Germany), Bayer AG (Germany), Chemtura Corporation (U.S.), Clariant AG (Switzerland), The Dow Chemical Co. (U.S.), Evonik Industries AG (Germany), Kaneka Corporation (Japan), Lanxess AG (Germany), and Songwon Industrial Co. Ltd. (South Korea) among others.

Scope of the Report

This research report categorizes the global market for plastic additives on the basis of type, plastic type, application, and region along with forecasting volume, value, and analyzing trends in each of the submarkets.

On the basis of type: The plastic additives market is segmented on the basis of type, such as plasticizers, flame retardants, impact modifiers, stabilizers (antioxidants, heat stabilizers, and light & UV stabilizers), and others (blowing agents, anti-microbial, anti-static agents, nucleating agents, fillers, and fragrances). Each type is further described in detail in the report with volume and value forecasts.

On the basis of plastic type: The plastic additives market is segmented on the basis of plastic type, such as commodity plastics, engineering plastics, and high performance plastics. Each application is further described in detail in the report with volume and value forecasts.

On the basis of application: The plastic additives market is segmented on the basis of application, such as packaging, construction, consumer goods, automobile, and others (agriculture, pharmaceutical, furniture, and sports). Each end-use industry is further described in detail in the report with volume and value forecasts.

On the basis of region: Regional level segmentation is carried out for plastic additives market; it includes North America, Asia-Pacific, Europe, South America, and The Middle East & Africa, and further for key countries in each region that include:

  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia-Pacific
  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • The U.K.
    • Spain
    • France
    • Italy
    • Rest of Europe
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • The Middle East & Africa

Table of Content

1 Introduction
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
        1.3.1 Markets Covered
           1.3.2 Years Considered in the Report
    1.3.3 Currency & Pricing
    1.3.4 Package Size
    1.3.5 Limitations
    1.4 Stakeholders

2 Research Methodology
    2.1 Market Size Estimation
    2.2 Market Crackdown & Data Triangulation
    2.3 Market Share Estimation
        2.3.1 Key Insights
        2.3.2 Assumptions

3 Executive Summary
    3.1 Global Plastic Additives Market Snapshot, 2014
    3.2 Plastic Additives Market, By Application, 2014 V/S 2019: Market for Packaging Application to Grow at the Highest Rate
    3.3 Plastic Additives Market Size, By Country, 2014: Emerging Economies to Be the Fastest-Growing Markets
    3.4 Plastic Additives Market Share, By Region, 2014: Asia-Pacific is Estimated to Be the Largest Market

4 Premium Insights
    4.1 Attractive Opportunity in the Plastic Additives Market
    4.2 Plastic Additives Market: High Growth Expected in the Asia-Pacific Region Between 2014 & 2019
    4.3 Leading Countries in the Plastic Additives Market
    4.4 Plastic Additives Market: By Application
    4.5 Plastic Additives Market: By Plastic Type
    4.6 Plastic Additives Market: By Type
    4.7 Asia-Pacific is the Largest Market for Plastic Additives
    4.8 Market Attractiveness, By Country
    4.9 Plastic Additives: Major Applications, 2014-2019
    4.10 Plastic Additives Market: Life Cycle Analysis, By Region
    4.11 Plastic Additives Market Trends & Forecast, By Region, 2012-2019

5 Market Overview
    5.1 Key Findings
    5.2 Introduction
    5.3 Market Segmentation
        5.3.1 By Type
        5.3.2 By Plastic Type
        5.3.3 By Application
        5.3.4 By Region
    5.4 Market Dynamics
        5.4.1 Drivers
                    5.4.1.1 Rising Disposable Income and Urbanization
                    5.4.1.2 Replacement of Conventional Materials By Plastics in Various Applications
                    5.4.1.3 Huge Demand From the Asia-Pacific Region
        5.4.2 Restraints
                    5.4.2.1 Stringent Regulations Governing the Plastic Additives Market
                    5.4.2.2 Slow Economic Recovery
        5.4.3 Opportunities
                    5.4.3.1 Untapped Opportunities of Packaging Application in the Emerging Market
                    5.4.3.2 Growing Demand for Plastic Additives From Pharmaceutical and Agricultural Applications
        5.4.4 Challenges
                    5.4.4.1 Uncertain Low Phthalate Plasticizer Demand in the Asia-Pacific Region
                    5.4.4.2 Disposal of Plastic Waste
        5.4.5 Burning Issue
                    5.4.5.1 Emergence of Bio-Plasticizers

6 Industry Trends
    6.1 Introduction
    6.2 Value Chain Analysis
    6.3 Porter’s Five Forces Analysis
        6.3.1 Threat of New Entrants
        6.3.2 Threat of Substitutes
        6.3.3 Bargaining Power of Suppliers
        6.3.4 Bargaining Power of Buyers
        6.3.5 Intensity of Competitive Rivalry
    6.4 Regulatory Framework
        6.4.1 Plasticizers
        6.4.2 Flame Retardants
    6.5 Strategic Benchmarking
        6.5.1 New Product Developments & Launches
                    6.5.1.1 Clariant AG & the DOW Chemical Company Have Developed the Highest Number of New Products, 2011-2015
        6.5.2 Expansions
                    6.5.2.1 Songwon Industrial Co. Ltd. & BASF SE Focus on Expansions to Cater the Growing Market Demand

7 Plastic Additives Market, By Type
    7.1 Key Findings
    7.2 Introduction
        7.2.1 Plasticizers
                    7.2.1.1 Emerging Non-Phthalate Segment is Driving the Global Plasticizers Market
        7.2.2 Stabilizers (Antioxidants, Heat Stabilizers, and Light & Uv Stabilizers)
                    7.2.2.1 Packaging & Consumer Goods Segment to Propel the Growth of Stabilizers Market
        7.2.3 Flame Retardants
                    7.2.3.1 Promising Asia-Pacific Market is Contributing to the Growth of Flame Retardants
        7.2.4 Impact Modifiers
                    7.2.4.1 Demand From Automotive & Construction Applications is Boosting the Impact Modifiers Market
        7.2.5 Others (Blowing Agents, Anti-Microbial, Anti-Static Agents, Nucleating Agents, Fillers, and Fragrances)
                    7.2.5.1 Applications in Commodity Plastics is Stimulating the Demand for Others Segment  of the Plastic Additives Market
    7.3 Market Size & Projection
        7.3.1 Flame Retardants Segment to Register the Highest Growth Rate Between 2014 & 2019

8 Plastic Additives Market, By Plastic Type
    8.1 Key Findings
    8.2 Introduction
        8.2.1 Commodity Plastics
                    8.2.1.1 Polyolefins are Contributing to the Growth of Commodity Plastics Segment
        8.2.2 Engineering Plastics
                    8.2.2.1 Growing Demand From Packaging & Consumer Goods Applications to Fuel the Engineering Plastics Market
        8.2.3 High-Performance Plastics
                    8.2.3.1 Automotive Segment to Boost the Demand for High-Performance Plastics Market
    8.3 Market Size & Projection
        8.3.1 Commodity Plastics to Dominate the Global Plastic Additives Market

9 Plastic Additives  Market, By Application
    9.1 Key Findings
    9.2 Introduction
        9.2.1 Packaging
                    9.2.1.1 Increasing Population in Asia-Pacific is Driving the Plastic Additives Market in the Packaging Segment
        9.2.2 Construction
                    9.2.2.1 Asia-Pacific & South America to Be the Two Major Markets for Plastic Additives in Construction Application
        9.2.3 Consumer Goods
                    9.2.3.1 Rising Disposable Income & Increasing Electronic Goods Demand From Asia-Pacific are Driving the Plastic Additives Market
        9.2.4 Automotive
                    9.2.4.1 Growing Conventional Material’s Replacements By Plastics in the Automotive Segment to Drive the Plastic Additives Market
        9.2.5 Others (Agriculture, Pharmaceutical, Furniture, and Sports)
                    9.2.5.1 Promising Agricultural & Pharmaceutical Application is Contributing to the Growth of Others Segment
    9.3 Market Size & Projection
        9.3.1 Packaging Segment is Projected to Be the Largest Consumer of Plastic Additives Market

10 Plastic Additives  Market, By Region
     10.1 Key Findings
     10.2 Introduction
            10.2.1 Regional Snapshot of Plastic Additives Market: Asia-Pacific Countries to Drive the Market
          10.2.2 India, China, & Brazil- the Emerging Markets for Plastic Additives Applications
     10.3 Asia-Pacific
          10.3.1 Overview
                       10.3.1.1 China & India are the Most Lucrative Markets
          10.3.2 Market Size & Projection, By Application
          10.3.3 Market Size & Projection, By Country
                       10.3.3.1 China
                                   10.3.3.1.1 Largest Consumer of Plastic Additives in the Asia-Pacific Region
                       10.3.3.2 Japan
                                   10.3.3.2.1 Increasing Demand of Automakers to Replace Conventional Materials  in Vehicles With Plastics to Drive the Plastic Additives Market in Japan
                       10.3.3.3 India
                                   10.3.3.3.1 Fastest-Growing Plastic Additives Market Between 2014 & 2019
                       10.3.3.4 South Korea
                                   10.3.3.4.1 Consumer Goods & Automotive Segment to Boost the Plastic Additives Demand in South Korea
                       10.3.3.5 Rest of Asia-Pacific
                                   10.3.3.5.1 Packaging & Construction Segments Estimated to Be the Largest Applications of Plastic Additives Market
     10.4 North America
          10.4.1 Overview
                       10.4.1.1 The U.S. and Mexico are the Most Lucrative Markets
          10.4.2 Market Size & Projection, By Application
          10.4.3 Market Size & Projection, By Country
                       10.4.3.1 The U.S.
                                   10.4.3.1.1 Largest Market for Plastic Additives in North America
                       10.4.3.2 Mexico
                                   10.4.3.2.1 Highest Growing Market for Plastic Additives in North America
                       10.4.3.3 Canada
                                   10.4.3.3.1 Packaging to Dominate the Plastic Additives Market in Canada
     10.5 Europe
          10.5.1 Overview
                       10.5.1.1 Germany and Italy are the Most Lucrative Markets
          10.5.2 Market Size & Projection, By Application
          10.5.3 Market Size & Projection, By Country
                       10.5.3.1 Germany
                                   10.5.3.1.1 Leading Plastic Additives Market in Europe
                       10.5.3.2 Italy
                                   10.5.3.2.1 Projected to Be the Fastest-Growing Market in Europe
                       10.5.3.3 France
                                   10.5.3.3.1 Packaging Segment  is the Largest Application in France
                       10.5.3.4 The U.K.
                                   10.5.3.4.1 Automotive is Anticipated to Be the Fastest-Growing Application of Plastic Additives Market in the U.K.
                       10.5.3.5 Spain
                                   10.5.3.5.1 Increasing Use of Plastic Additives in Agricultural Activities to Boost the Packaging Application in Spain
                       10.5.3.6 Rest of Europe
                                   10.5.3.6.1 Packaging & Construction: the Top Two Applications of Plastic Additives Market
     10.6 South America
          10.6.1 Overview
                       10.6.1.1 Brazil and Argentina are the Most Lucrative Markets
          10.6.2 Market Size & Projection, By Application
          10.6.3 Market Size & Projection, By Country
                       10.6.3.1 Brazil
                                   10.6.3.1.1 Upcoming Sports Events Projected to Propel the Demand for Plastic Additives in Packaging & Construction Applications
                       10.6.3.2 Argentina
                                   10.6.3.2.1 Growing Demand From Construction Application to Drive the Plastic Additives Market
                       10.6.3.3 Rest of South America
                                   10.6.3.3.1 Construction Segment Anticipated to Register Highest Growth Rate
     10.7 The Middle East & Africa
             10.7.1 Overview
                       10.7.1.1 Growing Packaging & Construction Industry to Dominate the Plastic Additives Market
             10.7.2 Market Size & Projection, By Application

11 Competitive Landscape
     11.1 Introduction
     11.2 Market Share Analysis
     11.3 Maximum Developments in 2013
     11.4 Growth Strategies in the Plastic Additives Market
     11.5 Songwon Industrial Co. Ltd. & Albemarle Corporation: The Most Active Companies Between 2011 & 2015
     11.6 Competitive Situation & Trends: 2011-2015
           11.6.1 New Product Developments & Launches
           11.6.2 Agreements
           11.6.3 Expansions
           11.6.4 Joint Ventures
          11.6.5 Acquisitions

12 Company Profiles
     12.1 Introduction
     12.2 Songwon Industrial Co. Ltd.
           12.2.1 Business Overview
          12.2.2 Products Offered
           12.2.3 Key Strategy
          12.2.4 Recent Developments
          12.2.5 SWOT Analysis
           12.2.6 MnM View
     12.3 Albemarle Corporation
     12.4 BASF SE
     12.5 Clariant AG
     12.6 The DOW Chemical Company
     12.7 Chemtura Corporation
     12.8 Bayer AG
     12.9 Akzonobel N.V.
     12.10 Lanxess AG
     12.11 Evonik Industries AG
     12.12 Kaneka Corporation

13. Appendix
      13.1 Insights From Industry Experts
      13.2 Recent Developments: 2011-2015
      13.3 Discussion Guide
      13.4 Introducing RT: Real Time Market Intelligence
      13.5 Available Customizations
      13.6 Related Reports


List of Tables (84 Tables)

Table 1 Major Plastic Additives and Their Functions 
Table 2 Gdp of the Top Ten Largest Economies, in Terms of Ppp, 2020 
Table 3 Rapid Industrialization & Urbanization is A Significant Market Driver 
Table 1 Regulations Against Plastic Waste, 2011-2013 
Table 2 Stringent Regulations & Policies Act as A Major Market Restraint 
Table 3 Impact of Global Plastic Additives Retraints, 2014-2019 
Table 4 Plastic Additives Market is Paving New Growth Avenues in Packaging Application 
Table 5 Disposing of the Plastic Waste is A Major Challenge for the Market 
Table 6 Some of Bio-Based Plasticizers Producers for PVC 
Table 7 Regulatory Authorities Governing the Flame Retardant Market 
Table 8 Types of Plastic Additives and Their Descriptions 
Table 9 Examples of Low & High Phthalates 
Table 10 Types of Non-Phthalate Plasticizers 
Table 11 Major Applications for Flame Retardants 
Table 12 Plastic Additives Market Size, By Type, 2012–2019 (KT) 
Table 13 Plastic Additives Market Size, By Type, 2012–2019 ($Million) 
Table 14 Plastic Additives Market Size, By Plastic Type, 2012–2019 (KT) 
Table 15 Plastic Additives Market Size, By Plastic Type, 2012–2019 ($Million) 
Table 16 Applications of Plastic Additives 
Table 17 Plastic Additives Market Size, By Application, 2012–2019 (KT) 
Table 18 Plastic Additives Market Size, By Application, 2012–2019 ($Million) 
Table 19 Plastic Additives Market Size, By Region, 2012–2019 (KT) 
Table 20 Plastic Additives Market Size, By Region, 2012–2019 ($Million) 
Table 21 Asia-Pacific: Plastic Additives Market Size, By Application, 2012–2019 (KT) 
Table 22 Asia-Pacific: Plastic Additives Market Size, By Application, 2012–2019 ($Million) 
Table 23 Asia-Pacific: Plastic Additives Market Size, By Country, 2012–2019 (KT) 
Table 24 Asia-Pacific: Plastic Additives Market Size, By Country, 2012–2019 $Million) 
Table 25 China: Plastic Additives Market Size, By Application, 2012–2019 (KT) 
Table 26 China: Plastic Additives Market Size, By Application, 2012–2019 ($Million) 
Table 27 Japan: Plastic Additives Market Size, By Application, 2012–2019 (KT) 
Table 28 Japan: Plastic Additives Market Size, By Application, 2012–2019 ($Million) 
Table 29 India: Plastic Additives Market Size, By Application, 2012–2019 (KT) 
Table 30 India: Plastic Additives Market Size, By Application, 2012–2019 ($Million) 
Table 31 South Korea: Plastic Additives Market Size, By Application, 2012–2019 (KT) 
Table 32 South Korea: Plastic Additives Market Size, By Application, 2012–2019 ($Million) 
Table 33 Rest of Asia-Pacific: Plastic Additives Market Size, By Application, 2012–2019 (KT) 
Table 34 Rest of Asia-Pacific: Plastic Additives Market Size, By Application, 2012–2019 ($Million) 
Table 35 North America: Plastic Additives Market Size, By Application, 2012–2019 (KT) 
Table 36 North America: Plastic Additives Market Size, By Application, 2012–2019 ($Million) 
Table 37 North America: Plastic Additives Market Size, By Country, 2012–2019 (KT) 
Table 38 North America: Plastic Additives Market Size, By Country, 2012–2019 ($Million) 
Table 39 U.S.: Plastic Additives Market Size, By Application, 2012–2019 (KT) 
Table 40 U.S.: Plastic Additives Market Size, By Application, 2012–2019 ($Million) 
Table 41 Mexico: Plastic Additives Market Size, By Application, 2012–2019 (KT) 
Table 42 Mexico: Plastic Additives Market Size, By Application, 2012–2019 ($Million) 
Table 43 Canada: Plastic Additives Market Size, By Application, 2012–2019 (KT) 
Table 44 Canada: Plastic Additives Market Size, By Application, 2012–2019 ($Million) 
Table 45 Europe: Plastic Additives Market Size, By Application, 2012–2019 (KT) 
Table 46 Europe: Plastic Additives Market Size, By Application, 2012–2019 ($Million) 
Table 47 Europe: Plastic Additives Market Size, By Country, 2012–2019 (KT) 
Table 48 Europe: Plastic Additives Market Size, By Application, 2012–2019 ($Million) 
Table 49 Germany: Plastic Additives Market Size, By Application, 2012–2019 (KT) 
Table 50 Germany: Plastic Additives Market Size, By Application, 2012–2019 ($Million) 
Table 51 Italy: Plastic Additives Market Size, By Application, 2012–2019 (KT) 
Table 52 Italy: Plastic Additives Market Size, By Application, 2012–2019 ($Million) 
Table 53 France: Plastic Additives Market Size, By Application, 2012–2019 (KT) 
Table 54 France: Plastic Additives Market Size, By Application, 2012–2019 ($Million) 
Table 55 U.K.: Plastic Additives Market Size, By Application, 2012–2019 (KT) 
Table 56 U.K.: Plastic Additives Market Size, By Application, 2012–2019 ($Million) 
Table 57 Spain: Plastic Additives Market Size, By Application, 2012–2019 (KT) 
Table 58 Spain: Plastic Additives Market Size, By Application, 2012–2019 ($Million) 
Table 59 Rest of Europe: Plastic Additives Market Size, By Application, 2012–2019 (KT) 
Table 60 Rest of Europe: Plastic Additives Market Size, By Application, 2012–2019 ($Million) 
Table 61 South America: Plastic Additives Market Size, By Application, 2012–2019 (KT) 
Table 62 South America: Plastic Additives Market Size, By Application, 2012–2019 ($Million) 
Table 63 South America: Plastic Additives  Market Size, By Country, 2012–2019 (KT) 
Table 64 South America: Plastic Additives  Market Size, By Country, 2012–2019 ($Million) 
Table 65 Brazil: Plastic Additives  Market Size, By Application, 2012–2019 (KT) 
Table 66 Brazil: Plastic Additives Market Size, By Application, 2012–2019 ($Million) 
Table 67 Argentina: Plastic Additives  Market Size, By Application, 2012–2019 (KT) 
Table 68 Argentina: Plastic Additives Market Size, By Application, 2012–2019 ($Million) 
Table 69 Rest of South America: Plastic Additives  Market Size, By Application, 2012–2019 (KT) 
Table 70 Rest of South America: Plastic Additives Market Size, By Application, 2012–2019 ($Million) 
Table 71 The Middle East & Africa: Plastic Additives  Market Size, By Country, 2012–2019 (KT) 
Table 72 The Middle East & Africa: Plastic Additives  Market Size, By Country, 2012–2019 ($Million) 
Table 73 New Product Developments, 2011–2015 
Table 74 Expansions, 2011–2015 
Table 75 Agreements, 2011-2015 
Table 76 Joint Ventures, 2011-2015 
Table 77 Acquisitions, 2011-2015 
Table 78 New Product Developments, 2011-2014 
Table 79 Expansion, 2011-2014 
Table 80 Agreements, 2011-2014 
Table 81 Joint Ventures, 2011-2014 
Table 82 Acquisitions, 2011-2014 
Table 83 Partnerships, 2011-2014 
Table 84 Divestments, 2011-2014


List of Figures (70 Figures)

Figure 1 Global Plastic Additives Market: Research Design 
Figure 2 Market Size Estimation: Bottom-Up Approach 
Figure 3 Market Size Estimation: Top-DOWn Approach 
Figure 4 Breakdown of Primary Interviews, By Company Type, Designation & Region 
Figure 5 Plastic Additives Market: Data Triangulation 
Figure 6 Key Data Taken From Secondary Sources 
Figure 7 Key Data Taken From Primary Sources 
Figure 8 Growth in the Plastic Additives Market 
Figure 9 U.S. and China: Top Two Countries in the Plastic Additives Market in 2014 
Figure 10 Packaging Segment to Continue to Dominate the Plastic Additives Market Between 2014 and 2019 
Figure 11 Flame Retardants to Have the Highest Growth Rate Between 2014 and 2019 
Figure 12 Commodity Plastics Expetcted to Have A Promising Future Between 2014 and 2019 
Figure 13 Asia-Pacific is the Largest Market for Plastic Additives 
Figure 14 India and China to Emerge as A Lucrative Market 
Figure 15 Plastic Additives Market Segmentation, By Type 
Figure 16 Plastic Additives Market Segmentation, By Plastic Type 
Figure 17 Plastic Additives Market, By Application 
Figure 18 Plastic Additives Market, By Region 
Figure 19 Overview of the Factors Governing the Global Plastic Additives Market 
Figure 20 Value Chain Analysis of Plastic Additives Market 
Figure 21 Porter’s Five Forces Analysis of the Plastic Additives Market 
Figure 22 Strategic Benchmarking: Clariant AG & the DOW Chemical Company has Developed the Highest Number of New Products 
Figure 23 Strategic Benchmarking: Songwon Industrial Co. Ltd. & BASF Se Focused on Expansions to Cater the Growing Market Demand 
Figure 24 Types of Plasticizers 
Figure 25 Plasticizers Dominates the Global Plastic Additives Market 
Figure 26 Flourishing Agricultural & Food Packaging Application to Push the Global Demand for Stabilizers 
Figure 27 Types of Flame Retardants 
Figure 28 Flame Retardants to Witness Fastest Growth for Next Five Years 
Figure 29 Major End-Use Industries to Drive the Impact Modifiers Market 
Figure 30 Emerging Application in Different Polymers to Result in Demand Upsurge of Others Segment 
Figure 31 Flame Retardant Segment to Register the Highest CAGR in the Coming Five Years 
Figure 32 Flame Retardants Drives the Global Plastic Additives Market 
Figure 33 Food Packaging Contributes for Growth of Packaging Application in Asia-Pacific Region 
Figure 34 Emerging Economies to Lead the Construction Segment of Plastic Additives Market 
Figure 35 Booming Consumer Goods Application in Asia-Pacific to Drive the Plastic Additives Market 
Figure 36 Major Automotive Oems are Looking Towards Plastic as More Efficient and Lighter Alternative to Metal Components 
Figure 37 Asia-Pacific Leads the Plastic Additives Market in  Agricultural & Medical Applications 
Figure 38 Consumer Goods Segment to Register the Highest CAGR Between 2014 and 2019 
Figure 39 Packaging Segment Dominates the Plastic Additives Market 
Figure 40 Regional Snapshot of Plastic Additives Market: Asia-Pacific Countries to Drive the Market 
Figure 41 China & India - Emerging Markets for Plastic Additives Applications 
Figure 42 Asia-Pacific Plastic Additives Market Snapshot: China & India are the Most Lucrative Markets 
Figure 43 North America Plastic Additives Market Snapshot: Preference Towards Plastic Materials 
Figure 44 European Plastic Additives Market Snapshot: Germany is the Largest Market 
Figure 45 South America: Growing Demand From Construction Application is Estimated to Drive the Plastic Additives Market 
Figure 46 Packaging Segment to Dominate the Plastic Additives Market in the Middle East & Africa 
Figure 47 Key Companies Preferred New Product Development Strategy Over the Last Five Years 
Figure 48 Plastic Additives Market Developments, By Key Players, 2011-2015 
Figure 49 Plastic Additives Market Witnessed Maximum Developments in 2013 
Figure 50 Battle for Market Share: New Product Development Was the Key Strategy, 2011-2015 
Figure 51 Palstic Additives Market: Developments 2011–2015 
Figure 52 Regional Revenue Mix of Top Market Players 
Figure 53 Regional Snapshot of Plastic Additives Market Players 
Figure 54 Benchmarking of Top Market Players- BASF SE Caters to More Applications Than Other Players 
Figure 55 Songwon Industrial Co. Ltd.: Company at A Glance 
Figure 56 Songwon Industrial Co. Ltd.: SWOT Analysis 
Figure 57 Albemarle Corporation: Company at A Glance 
Figure 58 Albemarle Corporation: SWOT Analysis 
Figure 59 BASF SE: Company at A Glance 
Figure 60 BASF SE: SWOT Analysis 
Figure 61 Clariant AG: Company at A Glance 
Figure 62 Clariant AG: SWOT Analysis 
Figure 63 The DOW Chemical Co.: Company at A Glance 
Figure 64 The DOW Chemical Co.: SWOT Analysis 
Figure 65 Chemtura Corporation: Company at A Glance 
Figure 66 Bayer AG: Company at A Glance 
Figure 67 Akzonobel N.V.: Company at A Glance 
Figure 68 Lanxess AG: Company at A Glance 
Figure 69 Evonik Industries AG: Company at A Glance 
Figure 70 Kaneka Corporation: Company at A Glance

The plastic additives market is projected to be worth $47 Billion by 2019 from $37.2 Billion in 2014 at a CAGR of 4.8%. This is on account of increasing plastics consumption by the growing population, rising disposable income of the people, and rapid pace of urbanization and industrialization especially in the Asia-Pacific region. Plastic additives are used in various applications such as packaging, construction, automobile, consumer goods, and other applications such as agriculture, furniture, and sports among others.

Asia-Pacific is the largest market for plastics additives majorly as the increasing middle class population in the region drives the demand for plastic additives market. Growing industrialization, backed by infrastructure development in the region, has offered enormous opportunity for the use of plastic additives in Asia-Pacific. North America ranks second in terms of market size which is followed by Europe.

The plastic additives manufacturers are projected to focus on developing new variants of plastic additives with better quality and performance. The major players will be looking to expand their production capacity as well as improve their product offerings by reducing prices in order to compete with the other established players in the plastic additives market.
Stringent regulations governing the plastic additives market act as a big factor restraining the growth of the market. Untapped opportunities of packaging application in the emerging markets would create a global opportunity for the growth of the market.

Plastic Additives Market Share, by Region, 2014

Plastic Additives Market

Source: Secondary Sources, Expert Interviews, and MarketsandMarkets Analysis

The major players in plastic additives markets are Albemarle Corporation (U.S.), AkzoNobel N.V. (The Netherlands), BASF SE (Germany), Bayer AG (Germany), Chemtura Corporation (U.S.), Clariant AG (Switzerland), The Dow Chemical Co. (U.S.), Evonik Industries AG (Germany), Kaneka Corporation (Japan), Lanxess AG (Germany), and Songwon Industrial Co. Ltd. (South Korea) among others. The plastic additives market also has a high presence of small to medium manufacturers that cater to smaller parts of the end-use industries.

The competition in this market is high; the companies compete on the basis of product quality, price, and technology. The plastic additives market has a highly fragmented structure, where there are many large and small manufacturers. The competition level in plastic additives market is expected to be moderate-to-high as the market players are concentrating towards new product developments and expansion to broaden their product offerings and have their active presence globally.

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