Global Plastic Additive Market Trend analysis and Forecast 2022 (1)

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Global Plastic Additive Market Trend analysis
and Forecast 2022
Infinium Global Research has added a new report
on Global Plastic Additive Market. The report
predicts the market size of Plastic Additive is
expected to reach XX billion by 2023. The market
size of global plastic additive market was valued
over USD 38.50 billion in 2015 and it is
projected to grow with a CAGR between 4.9 and
5.0 during the forecast period of 2016-2022 to
surpass USD 55 billion by 2022. Plastic
additives are chemical added polymers which are
used to enhance the end user properties of
plastic. The polymers used in the plastic are
mixed with monomeric units and are not in their
pure form, but are harmless. These monomers i.e
monomeric units are known as plastic additives
and are classified as reinforcing fibers,
coupling agents, stabilizers, colorants, fillers,
processing aids, flame retardants, peroxides and
antistatic agents. Plastic additives majorly aim
to improve the processing characteristics and
properties of plastic and to enhance end user
performance. Furthermore, plastic additives
facilitate safe handling during the manufacturing
of finished products. Get a Sample Report _at_
https//www.infiniumglobalresearch.com/Reports/Mak
eSampleRequest/153 Rapidly increasing usage of
plastics in industrial manufacturing,
construction, automotive and mechanical
engineering coupled with increasing cost of
natural metal are the major factors driving the
growth of plastic additives market. Increasing
costs of natural metals has increased preferences
for plastic additives. Moreover, augmented
household applications and lower cost of plastic
products are likely to boost the growth of this
market over the forecast period. On the other
hand, the global plastic additives market is
restrained by stringent government regulation on
limited usage of plastic and environmental
policies. Due to introduction of bans and
regulatory obligations in recent years on usage
of wide range of plastic additives is likely to
hamper the growth of this market over the
forecast period. Going forward, consistently
increasing application of plastic additives is
likely to increase opportunities to the players
in this market over the forecast period.
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Segments Covered The report segments the global
market plastic additives market by additives
type, by function, by application and by region.
Market segmentation based on types of additives
includes plasticizers, stabilizers, flame
retardants, impact modifiers, and others.
Plasticizers registered major market share of the
plastic additive market and is largely used to
process polymers and are less expensive than
other additives. On the basis of function
market is segmented into property modifiers,
property stabilizers, property extenders and
processing aids, while the application segment
comprises packaging, automotive, consumer good,
construction, manufacturing processes and
others. Make an Enquiry _at_ https//www.infiniumglob
alresearch.com/Reports/MakeEnquiryRequest/153
Company Profiles Akzo Nobel NV Albemarle
Corporation Amfine Chemical Corporation BASF
SE Chemtura Corporation Dow Chemical Company EI
DuPont de Nemours Eastman Chemical Company Evonik
Industries AG Rhein Chemie Rheinau PMC Global
Incorporated
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• Key topics covered
• Report Overview
• Executive Summary
• Global Plastic Additives Market Overview
• Global Plastic Additives Market, by Additive
  Type, (USD Billion) 2015 2022
• Global Plastic Additives Market, by Function,
  (USD Billion) 2015 2022
• Global Plastic Additives Market, by Application,
  (USD Billion) 2014 2022
• Global Plastic Additives Market, by Region, (USD
  Billion) 2015 2022 8.Company Profiles
• Click to View Complete Report _at_
  https//www.infiniumglobalresearch.com/chemical_ma
  terial/global_plastic_additive_market