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According to the latest research report by IMARC Group, The global plastic additives market size reached US$ 50.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 69.7 Billion by 2028, exhibiting a growth rate (CAGR) of 5.5% during 2023-2028.<br><br>More Info:- https://www.imarcgroup.com/plastic-additives-market
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Global Plastic Additives Market Research and Forecast Report 2023-2028 Author: Elena Anderson, Marketing Manager | Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group © 2019 IMARC All Rights Reserved
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Report Description and Highlights Report Description Global Plastic Additives Market Research Report: The latest report by IMARC, titled “Plastic Additives Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” the global plastic additives market size reached US$ 50.2 Billion in 2022. An additive is a chemical added to base polymers to improve processability, increase the life span and attain the desired physical or chemical properties in the final product. It acts as a filler for enhancing the strength to weight ratio, durability, corrosion resistance, luster, and heat sensitivity of the product. Some of the commonly used plastic additives include modifiers, property extenders, processing aids, and stabilizers, which are utilized in engineering, commodity, and high-performance plastics. At present, they find a wide array of applications across the packaging, automotive, manufacturing and construction industries worldwide. Request Free Sample Report: https://www.imarcgroup.com/plastic-additives-market/requestsample
Report Description and Highlights Report Description Global Plastic Additives Market Trends: The increasing industrial output and rising economic activity in several countries represent one of the primary factors fueling the growth of the market. Apart from this, there is a significant increase in the utilization of plastic additives in the automotive and packaging industries as they assist in extending the operational life and improving the appearance and mechanical properties of the end product. Furthermore, plastic additives are being used to replace conventional materials used in the production of consumer goods and several textiles, medical and agricultural products. Other factors, including the escalating demand for reusable and disposable plastic products, coupled with the widespread adoption of 3D printing technologies, are boosting the market growth. Looking forward, the market value is projected to reach US$ 69.7 Billion by 2028, expanding at a CAGR of 5.5% during the forecast period (2023-2028). Looking forward, the market value is projected to reach a strong growth during the forecast period (2023-2028).
Report Description and Highlights Report Description Market Summary: Breakup by Additive Type: • Plasticizers • Stabilizers • Flame Retardants • Impact Modifiers • Others Breakup by Plastic Type: • Commodity Plastic • Engineering Plastic • High Performance Plastic Breakup by Application: • Packaging • Automotive • Consumer Goods • Construction • Others
Report Description and Highlights Report Description Breakup by Function: • Property Modifiers • Property Stabilizers • Property Extenders • Processing Aids Breakup by Region: • North America • United States • Canada • Asia Pacific • China • Japan • India • South Korea • Australia • Indonesia • Others • Europe • Germany
Report Description and Highlights Report Description • France • United Kingdom • Italy • Spain • Russia • Others • Latin America • Brazil • Mexico • Others • Middle East and Africa
Report Description and Highlights Report Description Competitive Landscape with Key Players: • • • • • • • • • • Akzonobel NV Albemarle Corporation BASF Clariant AG Dow Chemical Company DuPont de Nemours Inc. Evonik Industries AG Kaneka Corporation Lanxess AG Songwon Industrial Co. Ltd. View Full Report with TOC & List of Figure: https://www.imarcgroup.com/plastic-additives-market
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