5 Key Insights on US$ 80 Bn Opportunity in Global Plastic Additives Market: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Driven by the Rising Adoption of Plastic Additives in the Packaging and Automotive Industries, the Global Market is Forecasted to Cross US$ 80 Bn by 2030 says Ken Research Study. Chemicals used to process, alter, or polymerize polymers’ final qualities are known as plastic additives. To increase the strength, heat sensitivity, and durability of these items, they are added to polymers. In many industrial applications, plastic additives are utilized in a variety of kinds, such as stabilizers, processing aids, modifiers, flame retardants, and plasticizers. One of the key reasons for the high adoption of plastic additives is strict rules being introduced by the European Commission to control and regulate the use of chemicals and materials like plastics, due to their negative effects on the environment and human health. Ken Research shares 5 key insights on this high-opportunity market from its latest research study. 1. Superior Properties of Plastic Additives over Synthetic Fiber Composites Boost their adoption According to Research estimates, the Global Plastic Additives Market – which was valued at around US$ 44 Bn in 2019 to nearly US$ 50 Bn by 2022 – is expected to grow further to more than US$ 80 Bn opportunity by 2030. The mechanical and electrical qualities of plastics, especially engineering plastics, are superior to those of conventional materials like metals, glass, paper, and ceramics. It also has stronger abrasion resistance and chemical resistance due to which, plastic is replacing these conventional materials as a result of ongoing innovation and the requirement for lighter materials in several applications. Plastic additives’ applications including packaging, food, consumer goods, construction, and automotive are increasing at a rapid pace. It is anticipated that a turnaround in these important market categories and the rising demand for additives in polymers for applications in these segments will significantly fuel growth in the market growth for plastic additives. Request For Sample Report @https://bit.ly/3TcyPRw 2. Growth of the Plastic Industry Paving a way for the Usage of Plastic Additives Plastic is growing in popularity all across the globe which is in turn increasing the demand for plastic additives due to increasing sustainability concerns. Plastic is widely used in both commercial and domestic applications, due to its lower cost than most raw materials like metal moldings and sheets. Customers can readily access it and fetch the benefits as it is one of the least expensive resources. In addition, plastics are also being used more frequently in the industrial sector for a variety of purposes, like insulation. Since plastic sheets offer great protection from adverse weather, these are frequently utilized as insulators. To protect walls from temperature variations during extremely hot or cold weather, a plastic sheet is inserted between the walls to insulate containers for household or enterprise use in addition to acting as insulation in buildings. Therefore, increased adoption of plastic aids the growth of the plastic additives market in various parts of the world. 3. Stringent Government Regulations Limit the Growth of Plastic Additives Sales of plastic additives are anticipated to be impacted by several new restrictions and proposed limitations on the use of petroleum-based polymers. Numerous scientific investigations have backed limitations on various plastic additives, including specific types of plasticizers and flame retardants. For instance, in India, petroleum-based plastics are building up along the coast as a result of human activity, decreasing their aesthetic appeal and harming the environment. With effect from the summer of 2004, the EU and two USA states Maine and California had enacted restrictions on items containing more than 1% of octa BDE or pentaBDE (for specific purposes in Europe). These types of regulatory standards are restricting the use of high-value flame retardants in the USA and Europe, such as brominated and chlorinated flame retardants. 4. Increased Adoption of Plasticizers as a Plastic Additive Propels the Market Growth Plastic is treated with plasticizers to soften and make it more flexible. The efficiency of the plasticizer rises as its molecular weight falls within a certain series of esters that share an acid group. Also, the efficiency of plasticizers increases as the linearity of the alcohol chain likewise increases. Furthermore, low molecular weight compounds called plasticizers are added to a polymer solution to enhance its plasticity and flexibility. Consequently, the plasticizers make the polymer solution more appropriate for the application and are, therefore, being increasingly adopted in various industries like the packaging and construction sector. Few physical properties that affect the adoption of a plasticizer (Di-n-butyl phthalate, Di-iso-octyl adipate, Iso-octyl ester of saturated C4-C6 dibasic acid, and more) in an industry application include volatility percentage, water extraction percentage, iso-octane extraction percentage, etc. based on these properties the use of plasticizer varies in specific applications. 5. Asia Pacific Holds the Largest Market Share in the Global Plastic Additives Market Asia Pacific region is dominating the revenue share and is also expected to show high growth in the field of plastic additives market. This dominance is a result of the region’s robust organic growth, particularly for polyethylene and polypropylene. In the medium to long term, it is anticipated for the plastic additives market to exhibit enticing growth rates, driven by the ongoing substitution of plastics for other materials in the Asia Pacific, especially China and India. Nearly all end-use industries employ plastic additives, and the packaging, building and construction, and automotive sectors have the highest growth potential in the region. Request For Sample Report @https://bit.ly/3TcyPRw Key Topics Covered in the Report Snapshot of Global Plastic Additives Market Industry Value Chain and Ecosystem Analysis Market size and Segmentation of Global Plastic Additives Market Historic Growth of the Overall Global Plastic Additives Market and Segments Competition Scenario of the Market and Key Developments of Competitors Porter’s 5 Forces Analysis of the Global Plastic Additives Market Overview, Product Offerings, and SWOT Analysis of Key Competitors Covid-1919 Impact on the Overall Global Plastic Additives Market Future Market Forecast and Growth Rates of the Total Global Plastic Additives Market and by Segments Market Size of Plastic Type / Application Segments with Historical CAGR and Future Forecasts Analysis of Plastic Additives Market in Major Regions Major Production / Consumption Hubs in the Major Regions Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments Overview of Notable Emerging Competitor Companies within Each Major Country Major Companies Profiled in the Report BASF SE The DOW Chemical Company AkzoNobel Clariant AG Nabaltec Mitsui Chemicals LANXESS AG Repi S.r.l. Songwon Industrial Co. Ltd. Albemarle Corporation Kaneka Corporation Notable Emerging Companies Mentioned in the Report Baerlocher China Nanjing Union Rubber Chemicals Co. Ltd. (NURCHEM) Van Horn, Metz & Co., Inc. K-Tech (India) Limited Flamingo Additives & Colourants LLP Deifel GmbH & Co. KG Newos GmbH Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report Plastic Additive Manufacturers Packaging Manufacturers Plastic Manufacturers Chemical Companies Government Ministries and Departments of Chemical Industry Sustainability Researchers Food Processing Companies Vehicle Manufacturers Construction Dealers Commodity Plastic Manufacturers Engineering Plastic Manufacturers High-Performance Plastic Manufacturers Petrochemical Companies Time Period Captured in the Report Historical Period: 2019-2021 Forecast Period: 2022E-2030F For More Information on the Research Report, refer to below links: – Global Plastic Additives Market: Ken Research Contact Us: – Ken Research Ankur Gupta, Head Marketing & Communications support@kenresearch.com +91-9015378249 Post Views: 7 Tags: Africa Plastic Additives Market Revenue, Akzo Nobel Plastic Additives Market, Asia Pacific Plastic Additives Market, Automotive Plastic Additives Market, Chemical Companies in Plastic Additives Market, Commodity Plastic Manufacturers, Competitors in Plastic Additives Market, Construction Plastic Additives Market, Consumer Goods Plastic Additives Market, Disflamoll Plastic Additives Market, Emerald Plastic Additives Market, Emerging Plastic Additives Companies, Engineering Plastic Manufacturers, Europe Plastic Additives Market Forecast, Food Plastic Additives Market, Food Processing Companies in Plastic Additives, Global Flame Retardants Market, Global Impact Modifiers Market, Global Plastic Additives Demand, Global Plastic Additives Distributors, Global Plastic Additives Industry, Global Plastic Additives Industry Outlook, Global Plastic Additives Manufacturers, Global Plastic Additives Market, Global Plastic Additives Raw Material Suppliers, Global Plastic Additives Sector, Global Plastic Colorant Market, Global Plastic Pigments Market, Global Plasticizers Market, Global Stabilizers Market, High-Performance Plastic Manufacturers, Latin America Plastic Additives Market, Leading Companies in Plastic Additives, Leading Players in Plastic Additives Market, Macrolex and Levanyl Plastic Additives Market, Major Companies in Plastic Additives Market, Middle East Plastic Additives Market, North America Plastic Additives Market, Opportunities in Plastic Additives Market, Packaging Manufacturers, PARALOID Plastic Additives Market, Petrochemical Companies in Plastic Additives Market, Plastic Additives Industry Challenges, Plastic color concentrates market, Plastic Packaging Additives Market, SAYTEX Plastic Additives Market Revenue, Top Companies in Plastic Additives Market, VALERAS Plastic Additives Market Share