The Plastic Additives Market size was valued at USD 51.83 Billion in 2023 and the total Market revenue is expected to grow by 5.5% from 2023 to 2030, reaching nearly 73.23 Billion. The polymer business depends heavily on additives. During the compounding and processing processes, they are frequently utilised to alter the qualities of plastic goods. Construction, automotive, consumer goods, packaging, medical, electrical, and electronics are just a few of the end-use industries that highly value these materials. Therefore, the entire market for plastic additives is expected to experience rapid growth in forecast period along with the increase in the consumption of plastic products. The global market for plastic additives is expected to witness sustainable revenue growth. Although the COVID-19 pandemic significantly damaged the market for plastic additives in 2020, consumption began to rebound in 2021, followed by an uptick in the economy and a return to manufacturing. However, pre-pandemic consumption levels won't be reached until 2023. There are numerous major, medium-sized, and small-scale businesses operating in the highly fragmented plastic additives market. To maintain control over their position in the supply chain, plastic additive makers are expected to place more emphasis on building long-term partnerships with raw material suppliers, distributors, and compounders or processors. In order to expand their product offerings and keep ahead of the competition, organisations are also expected to engage in mergers and acquisitions along with vertical integration efforts.To know about the Research Methodology :- Request Free Sample Report
Research Methodology:
The report provides exceptional insights and is the result of an intricate research technique that included thorough secondary research, demanding primary interviews with industry stakeholders, and validation and triangulation using Maximize Market Research's own database and statistical tools. The secondary sources include annual reports, Journals, Paid Database, Trending Economics, Hoovers, Factiva, and several other governmental and commercial websites were utilised to collect data on important vendors' revenues as part of the research technique used to estimate and forecast the size of the plastic additives market. The market segmentation was determined by taking into account the vendor offerings. The total market was divided into a number of segments and subsegments after the overall market size was determined. These segments and subsegments were then confirmed through primary research by conducting in-depth interviews with key personnel, including chief executive officers (CEOs), vice presidents, directors, and executives of the top market players. To complete the overall framework for the strategic process and identify the measures of working for all market segments and subsegments, data triangulation and market breakdown procedures were used in the report. To collect both the qualitative and quantitative insights, we performed over more than 15 in-depth primary interviews with market participants along the whole value chain in each of the regions.Plastic Additives Market Dynamics:
Increasing use of Plastic in place of Traditional Materials Plastic additives have a large number of applications including packaging, consumer goods, textile, agriculture, construction, automotive, and medical. A recovery in these important market segments and the rising demand for additives in polymers for applications in these segments are expected to have a significant role in driving growth in the market size for plastic additives. In comparison to traditional materials like metals, glass, paper, and ceramic, plastics, especially engineering plastics, have higher mechanical and electrical qualities, stronger abrasion resistance, and better chemical resistance. Plastic is beginning to take the place of these traditional materials thanks to the ongoing innovation and the demand for lighter materials in a number of applications. Growing Packaging Industry across the Globe The market for plastic additives is growing primarily as a result of increased demand from the packaging industry. The packaging business has grown as a result of changes in lifestyle and globalisation, which have also bolstered the market for plastic additives. Packaging is widely utilised for industrial and domestic applications. The market for plastic additives is also fueled by the rising use of plastic in everyday uses. Roofing, storage containers, pipes, wires, electronics, toys, kitchenware, safety equipment, cosmetics, home goods, seat belts, door panels, greenhouse films, and silage sheet are a few of the common uses for plastic additives. The market is also driven by the rapidly growing industrial sector in developing nations like Brazil, China, Mexico, and India. Rising Adoption of Plastic Additives in the Building and Construction Sector The market for plastic additives is expected to increase significantly as a result of the huge growth in the building and construction sector brought on by rapid urbanisation. Plastic additives enhance the performance of polymers and increase the tensile strength of infrastructure. UV light stabilisers and antioxidants are provided by a number of businesses, including Solvay S.A., a chemical corporation with headquarters in Belgium, to protect buildings from UV radiation and increase the building's longevity. Its ingredient, Solvay's Cyasorb Cynergy Solutions 8877, is made to guard against UV light-induced degradation of polymers used in construction. The product also offers exceptional tensile strength and is utilised in window frames, plastic tiles, composite roofing tiles, and other applications.Growing Consumer Product Demand The tile packaging industry has experienced rapid growth as a result of rising consumer products demand, and this trend is expected to have a substantial impact on the market's revenue growth over the forecast period. The market's rapid growth in developing nations like India might be ascribed to the high consumer base there. According to the Indian Institute of Packaging (llP), the consumption of packaging in India has increased by 200% in recent years, and the industry is expected to grow at a rate of 26.7% annually due to the country's booming e-commerce market and rising demand for plastics as a packaging material and plastic additives. Severe Government Guidelines Governing Plastic Industry Consumption of plastic additives are expected to be impacted by a number of 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. With effect from the summer of 2004, the EU and two U.S. states—California and Maine—had enacted restrictions on items containing more than 1% of pentaBDE or octaBDE (for specific purposes in Europe). These types of regulatory standards are restricting the use of high-value flame retardants in the U.S. and Europe, such as brominated and chlorinated flame retardants. It is expected that the market would gradually phase out these flame retardants. The European Union (EU) developed a strategy for plastics as part of the EU's circular economy action plan, for reducing plastic waste. However, the plastic industry is being subjected to strict government controls, and there are growing worries about plastic's non-biodegradability. By minimising marine litter, greenhouse gas emissions, and reliance on imported fossil fuels, the approach seeks to protect the environment. Such initiatives are preventing the market from growing in terms of revenue. Growing Concerns about Plastic Pollution across the Globe One of the biggest problems the world has been dealing with over the past few decades is the accumulation of plastic waste due to its inability to degrade. Polymers are extensively employed in a wide range of applications, from personal to professional. The development of biodegradable materials is a result of growing worries and awareness about its contamination and accumulation in soils and water bodies. The market for biodegradable products has been greatly boosted by the strict regulations put in place by governmental agencies to minimize the use of non-degradable plastic. Countries have made commitments to ban single-use items by 2022, including Canada and India. The demand for the product that contributes to biodegradability is being driven by this. Companies have recently concentrated on creating new and improved products to increase their functionality and biodegradability. The development of additives that can drastically shorten the product's deterioration period will prove to be a ground-breaking accomplishment. One of the main trends driving the growth of the plastic additives market is the rising usage of pro-oxidant additives by the industrial sector to promote thermo-oxidation and photo-oxidation that proportionally increases the number of extractable compounds.
Plastic Additives Market Segment Analysis:
By Type, the Plastic Additives Market is segmented into Plasticizers, Stabilizers, Flame Retardants, and Impact Modifiers. Thanks to the significant utilisation of plasticizers in high-volume flexible PVC products, plasticizers are expected to maintain their leadership position in the worldwide plastic additives market, both in terms of value and volume. Stabilizers are high-value, low-volume products that are frequently added to polymeric materials to stop them from degrading in the presence of heat, ultraviolet (UV) light, and oxidation over the course of the product's lifecycle. Thanks to their widespread use in the construction, automotive, electrical, and electronics industries as a means of preventing fire occurrences, flame retardants had the second-largest volume share behind plasticizers in 2023, right behind plasticizers. Impact modifiers are expected to see an increase in demand as consumers want polymer products with higher durability, while processing aids are used to improve melt flow, heat dissipation, and mould release of plastic products when they are processed. The strong demand from packaging-related applications, such as flexible films, rigid bottles, and containers, is the key driver of growth in other plastic additives.By Application, the Plastic Additives Market is segmented into Packaging, Consumer Goods, Construction, Automotive, and Others. The Construction segment dominated the market share accounting for xx% in 2023. The construction industry is expected to consume the most plastic additives, both in terms of value and volume. The construction industry consumes a significant amount of additives, such as plasticizers, flame retardants, stabilisers, impact modifiers, and processing aids, for a variety of applications, including pipes and fittings, door and window profiles, wires and cables, flooring, roofing membranes, wall coverings, and building insulation. The extensive use of plasticizers, flame retardants, impact modifiers, and impact modifiers and processing aids for toys, child care products, sports and leisure products, and upholstered furniture, among other consumer goods related applications, is a major driver of the consumer goods segment's growth. The demand for plasticizers, stabilisers, flame retardants, impact modifiers, and processing aids for interior, exterior, and under-the-hood automotive parts is expected to increase over the course of the forecast period as a result of the global automotive industry's influence on the market for plastic additives.
Plastic Additives Market Regional Insights:
In 2023, Asia Pacific dominated the market with the largest market share, followed by North America. Thanks to the rapidly increasing construction sector in nations like India, China, Thailand, and Vietnam, the Asia Pacific market is expected to have the greatest revenue share during the forecast period. The biggest exporter of plastic additives is China, followed by South Korea and Vietnam. The building and construction sector in the area has experienced tremendous expansion as a result of the area's rapid urbanisation. The People's Republic of China's government has issued Special-Purpose Bonds (SPBs) for local governments, with municipal administration, transportation, infrastructure, and industrial infrastructure receiving 50% of the total budget. UV stabilisers used in construction prevent ultraviolet light from destroying polymer building materials. In addition, the Chinese government has made it lawful to furnish and decorate public spaces internally with fire-resistant materials. It is expected that this will boost demand for plastic additives and raise demand for flame retardant additives. Major corporations like BASF SE constructed a new plant in Shanghai, China, called Caojing for the manufacturing of antioxidants, with a capacity of 42,000 tonnes annually. Antioxidants and different related blends for plastic additives are produced by the factory. Antioxidants are utilised as a plastics addition to fight oxidation and prevent thermal deterioration. The units for powder blending, liquid antioxidants, and form providing are currently in service as part of the plant's first phase. In addition, it is used as a processing stabiliser to safeguard polymers while they are being processed. North America is expected to grow at a rapid rate through the forecast period. The region’s growth is attributed to rapid growth in the e-commerce industry, and presence of prominent online e-commerce platforms such as Amazon, Flipkart, and Snapdeal. The need for plastic packaging materials and containers, which are tough and can resist long-distance transportation without causing harm to the product, is expected to develop rapidly with the growth of e-commerce and home delivery services. The need for various plastic additives including stabilising agents, compatibilizers, and other additives is also expected to increase due to the growing demand for recyclable plastics for packaging. Products like biodegradable polypropylene additive, created by BioSphere Plastic LLC in Port and, Oregon, can increase the biodegradability of plastics by introducing hydrophilic characteristics that permit enzymatic action by bacteria and aid in plastic decomposition. Thanks to the region's fast-growing automotive industry, the Europe market is expected to have consistent revenue growth over the forecast period. About 25% of the passenger automobiles produced are made in Germany, the world's top automotive manufacturer. Other significant aspects that are expected to contribute to the increase in demand for automotive plastic additives include the presence of significant automotive suppliers in the nation and the growing popularity of electric automobiles. Demand for plastics in the automotive industry is being driven by the increasing use of polypropylene for car components and parts due to the focus on lowering vehicle weight. In order to maximise fuel efficiency, plastic is being used more often than metal in the production of automotive components and parts. In addition, a vehicle's weight can be reduced by 10% to 18% with the usage of polymers, greatly enhancing fuel efficiency. Future demand for plastic additives is expected to be significantly supported by the growing use of plastic in automobile components.Plastic Additives Industry Ecosystem:
Plastic Additives Market Scope: Inquire before buying
Plastic Additives Market Report Coverage Details Base Year: 2023 Forecast Period: 2024-2030 Historical Data: 2018 to 2023 Market Size in 2023: USD 51.83 Billion Forecast Period 2024 to 2030 CAGR: 5.5% Market Size in 2030: USD 73.23 Billion Segments Covered: By Plastic Type Commodity Engineering High-Performance Plastic By Type Plasticizers Stabilizers Flame Retardants Impact Modifiers By Application Packaging Consumer Goods Construction Automotive Others Plastic Additives Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Leading Manufacturers in the Plastic Additives Market are:
The plastic additives industry is characterized by intense competition among established leaders and emerging players each vying for industry share through innovation, product differentiation, and strategic partnerships. BASF SE and Clariant AG stand out as industry leaders, leveraging their extensive research capabilities and broad product portfolios to meet diverse customer needs. BASF, with its commitment to sustainability, has developed bio-based additives that align with global environmental regulations, reinforcing its competitive edge. Clariant, known for its performance chemicals, excels in producing specialized additives that enhance plastic properties, thus maintaining its stronghold in high-demand sectors. The dynamic landscape has led to a dual Competitive strategies in the plastic additives industry established companies invest heavily in R&D to innovate, while newcomers capitalize on agility and specialization. Together, these strategies not only enhance product offerings but also foster customer loyalty, allowing companies to sustain their presence in a rapidly evolving industry characterized by shifting demand and increasing regulatory pressures. 1. Lanxess AG (Germany) 2. Biesterfield Plastic GmbH (Germany) 3. Evonik Industries AG (Germany) 4. BASF SE (Germany) 5. Altana AG (Germany) 6. Clariant AG (Switzerland) 7. Albemarle Corporation (US) 8. ExxonMobil Chemical (US) 9. The Dow Chemical Company (US) 10. Cabot Corporation (US) 11. Ferro Corporation (US) 12. Chevron Phillips Chemical Company LLC (US) 13. Arkema Group (France) 14. Italmatch Chemicals SpA (Italy) 15. Nouryon (Netherlands) 16. Grupa Azoty S.A. (Poland) 17. Kaneka Corporation (Japan) 18. Mitsui Chemicals (Japan) 19. DIC Corporation (Japan) 20. Kao Corporation (Japan) 21. Toray Industries (Japan) 22. Songwon Industrial Co. Ltd. (South Korea) 23. LG Chem Ltd. (South Korea) 24. Sennics Co., Ltd. (Thailand) 25. SABIC (Saudi Arabia) FAQs: 1. What is the study period of the market? Ans. The Global Plastic Additives Market is studied from 2023-2030. 2. What is the growth rate of the Plastic Additives Market? Ans. The Plastic Additives Market is growing at a CAGR of 5.5% over forecast the period. 3. What is the market size of the Plastic Additives Market by 2030? Ans. The market size of the Plastic Additives Market by 2030 is expected to reach 73.23 Billion. 4. What is the forecast period for the Plastic Additives Market? Ans. The forecast period for the Plastic Additives Market is 2024-2030. 5. What was the market size of the Plastic Additives Market in 2023? Ans. The market size of the Plastic Additives Market in 2023 was valued at USD 51.83 Billion.
1. Plastic Additives Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.2.1. Plastic Additives: Market Segmentation 1.2.2. All Region Covered 1.3. Executive Summary 1.4. Stakeholders 2. Global Plastic Additives Market: Competitive Landscape 2.1. MMR Competition Matrix 2.2. Competitive Landscape 2.3. Market share analysis of major players 2.4. Products specific analysis 2.5. Key Players Benchmarking 2.5.1. Company Name 2.5.2. Product Segment 2.5.3. End-user Segment 2.5.4. Revenue (2023) 2.5.5. Key Development 2.5.6. Market Share 2.6. Industry Ecosystem 2.6.1. Key players in the Plastic Additives ecosystem 2.6.2. Role of companies in the Plastic Additives ecosystem 2.7. Upcoming Technological and Advancement Initiatives by Key Players 2.8. Market Structure 2.8.1. Market Leaders 2.8.2. Market Followers 2.8.3. Emerging Players 2.9. Consolidation of the Market 2.9.1. Strategic Initiatives and Developments 2.9.2. Mergers and Acquisitions 2.9.3. Collaborations and Partnerships 2.9.4. Product Launches and Innovations 3. Pricing Analysis: 3.1. Average Selling Price of Plastic Additives ecosystem Offered by Key Players in the Market 4. Plastic Additives Market: Dynamics 4.1. Plastic Additives Market Trends by Region 4.1.1. North America Plastic Additives Market Trends 4.1.2. Europe Plastic Additives Market Trends 4.1.3. Asia Pacific Plastic Additives Market Trends 4.1.4. South America Plastic Additives Market Trends 4.1.5. Middle East & Africa (MEA) Plastic Additives Market Trends 4.2. Plastic Additives Market Dynamics by Region 4.2.1.1. Drivers 4.2.1.2. Restraints 4.2.1.3. Opportunities 4.2.1.4. Challenges 4.3. PORTER’s Five Forces Analysis 4.3.1. Threat of New Entrants 4.3.2. Threat of Substitutes 4.3.3. Bargaining Power of Suppliers 4.3.4. Bargaining Power of Buyers 4.3.5. Intensity of Competitive Rivalry 4.4. Macroeconomics Indicator 4.4.1. GDP Trend and Forecast 4.4.1.1. GDP Trend and Forecast, by major economy, 2023-2030 (USD Billion) 5. Supply Chain Analysis 5.1.1. Plastic Additives Market: Supply Chain 5.1.1.1. Raw Material 5.1.1.2. Manufacturing 5.1.1.3. Distribution 5.1.1.4. End User 6. Pricing Analysis 6.1. Average price of Plastic Additives, by Region 6.2. Average price of Plastic Additives, by Function 7. Key Stakeholder and Buying Criteria 7.1.1. Influence of Stakeholders on the Buying Process for the Top Applications 7.1.2. Key Buying Criteria for Top Applications 8. Regulatory Landscape 8.1. Regulation by Region 8.2. Tariff and Taxes 8.3. Regulatory Bodies, Government agencies, and other organizations by Region 9. Patent Analysis 9.1.1. Top 10 Patent Holders 9.1.2. Top 10 Companies with Highest Number of Patents 9.1.3. Patent Registration Analysis 9.1.4. Number of Patents Granted Still 2024 10. Trade Data Analysis: 10.1.1. Import/ Export of Plastic Additives 10.1.2. Import Data on Plastic Additives 10.1.3. Export Data on Plastic Additives 11. Plastic Additives Market: Global Market Size and Forecast by Segmentation (by Value USD Billion) (2023-2030) 11.1. Plastic Additives Market Size and Forecast, by Plastic Type (2023-2030) 11.1.1. Commodity 11.1.2. Engineering 11.1.3. High-Performance Plastic 11.2. Plastic Additives Market Size and Forecast, by Type (2023-2030) 11.2.1. Plasticizers 11.2.2. Stabilizers 11.2.3. Flame Retardants 11.2.4. Impact Modifiers 11.3. Plastic Additives Market Size and Forecast, by Application (2023-2030) 11.3.1. Packaging 11.3.2. Consumer Goods 11.3.3. Construction 11.3.4. Automotive 11.3.5. Others 11.4. Plastic Additives Market Size and Forecast, by Region (2023-2030) 11.4.1. North America 11.4.2. Europe 11.4.3. Asia Pacific 11.4.4. South America 11.4.5. MEA 12. North America Plastic Additives Market Size and Forecast by Segmentation (by Value USD Billion) (2023-2030) 12.1. North America Plastic Additives Market Size and Forecast, by Plastic Type (2023-2030) 12.1.1. Commodity 12.1.2. Engineering 12.1.3. High-Performance Plastic 12.2. North America Plastic Additives Market Size and Forecast, by Type (2023-2030) 12.2.1. Plasticizers 12.2.2. Stabilizers 12.2.3. Flame Retardants 12.2.4. Impact Modifiers 12.3. North America Plastic Additives Market Size and Forecast, by Application (2023-2030) 12.3.1. Packaging 12.3.2. Consumer Goods 12.3.3. Construction 12.3.4. Automotive 12.3.5. Others 12.4. North America Plastic Additives Market Size and Forecast, by Country (2023-2030) 12.4.1. United States 12.4.1.1. United States Plastic Additives Market Size and Forecast, by Plastic Type (2023-2030) 12.4.1.1.1. Commodity 12.4.1.1.2. Engineering 12.4.1.1.3. High-Performance Plastic 12.4.1.2. United States Plastic Additives Market Size and Forecast, by Type (2023-2030) 12.4.1.2.1. Plasticizers 12.4.1.2.2. Stabilizers 12.4.1.2.3. Flame Retardants 12.4.1.2.4. Impact Modifiers 12.4.1.2.5. Drive 12.4.1.3. United States Plastic Additives Market Size and Forecast, by Application (2023-2030) 12.4.1.3.1. Packaging 12.4.1.3.2. Consumer Goods 12.4.1.3.3. Construction 12.4.1.3.4. Automotive 12.4.1.3.5. Others 12.4.2. Canada 12.4.2.1. Canada Plastic Additives Market Size and Forecast, by Plastic Type (2023-2030) 12.4.2.1.1. Commodity 12.4.2.1.2. Engineering 12.4.2.1.3. High-Performance Plastic 12.4.2.2. Canada Plastic Additives Market Size and Forecast, by Type (2023-2030) 12.4.2.2.1. Plasticizers 12.4.2.2.2. Stabilizers 12.4.2.2.3. Flame Retardants 12.4.2.2.4. Impact Modifiers 12.4.2.3. Canada Plastic Additives Market Size and Forecast, by Application (2023-2030) 12.4.2.3.1. Packaging 12.4.2.3.2. Consumer Goods 12.4.2.3.3. Construction 12.4.2.3.4. Automotive 12.4.2.3.5. Others 12.4.3. Mexico 12.4.3.1. Mexico Plastic Additives Market Size and Forecast, by Plastic Type (2023-2030) 12.4.3.1.1. Commodity 12.4.3.1.2. Engineering 12.4.3.1.3. High-Performance Plastic 12.4.3.2. Mexico Plastic Additives Market Size and Forecast, by Type (2023-2030) 12.4.3.2.1. Plasticizers 12.4.3.2.2. Stabilizers 12.4.3.2.3. Flame Retardants 12.4.3.2.4. Impact Modifiers 12.4.3.3. Mexico Plastic Additives Market Size and Forecast, by Application (2023-2030) 12.4.3.3.1. Packaging 12.4.3.3.2. Consumer Goods 12.4.3.3.3. Construction 12.4.3.3.4. Automotive 12.4.3.3.5. Others 13. Europe Plastic Additives Market Size and Forecast by Segmentation (by Value USD Billion) (2023-2030) 13.1. Europe Plastic Additives Market Size and Forecast, by Plastic Type (2023-2030) 13.2. Europe Plastic Additives Market Size and Forecast, by Type (2023-2030) 13.3. Europe Plastic Additives Market Size and Forecast, by Application (2023-2030) 13.4. Europe Plastic Additives Market Size and Forecast, by Country (2023-2030) 13.4.1. United Kingdom 13.4.1.1. United Kingdom Plastic Additives Market Size and Forecast, by Plastic Type (2023-2030) 13.4.1.2. United Kingdom Plastic Additives Market Size and Forecast, by Type (2023-2030) 13.4.1.3. United Kingdom Plastic Additives Market Size and Forecast, by Application (2023-2030) 13.4.2. France 13.4.2.1. France Plastic Additives Market Size and Forecast, by Plastic Type (2023-2030) 13.4.2.2. France Plastic Additives Market Size and Forecast, by Type (2023-2030) 13.4.2.3. France Plastic Additives Market Size and Forecast, by Application (2023-2030) 13.4.3. Germany 13.4.3.1. Germany Plastic Additives Market Size and Forecast, by Plastic Type (2023-2030) 13.4.3.2. Germany Plastic Additives Market Size and Forecast, by Type (2023-2030) 13.4.3.3. Germany Plastic Additives Market Size and Forecast, by Application (2023-2030) 13.4.4. Italy 13.4.4.1. Italy Plastic Additives Market Size and Forecast, by Plastic Type (2023-2030) 13.4.4.2. Italy Plastic Additives Market Size and Forecast, by Type (2023-2030) 13.4.4.3. Italy Plastic Additives Market Size and Forecast, by Application (2023-2030) 13.4.5. Spain 13.4.5.1. Spain Plastic Additives Market Size and Forecast, by Plastic Type (2023-2030) 13.4.5.2. Spain Plastic Additives Market Size and Forecast, by Type (2023-2030) 13.4.5.3. Spain Plastic Additives Market Size and Forecast, by Application (2023-2030) 13.4.6. Sweden 13.4.6.1. Sweden Plastic Additives Market Size and Forecast, by Plastic Type (2023-2030) 13.4.6.2. Sweden Plastic Additives Market Size and Forecast, by Type (2023-2030) 13.4.6.3. Sweden Plastic Additives Market Size and Forecast, by Application (2023-2030) 13.4.7. Austria 13.4.7.1. Austria Plastic Additives Market Size and Forecast, by Plastic Type (2023-2030) 13.4.7.2. Austria Plastic Additives Market Size and Forecast, by Type (2023-2030) 13.4.7.3. Austria Plastic Additives Market Size and Forecast, by Application (2023-2030) 13.4.8. Rest of Europe 13.4.8.1. Rest of Europe Plastic Additives Market Size and Forecast, by Plastic Type (2023-2030) 13.4.8.2. Rest of Europe Plastic Additives Market Size and Forecast, by Type (2023-2030) 13.4.8.3. Rest of Europe Plastic Additives Market Size and Forecast, by Application (2023-2030) 14. Asia Pacific Plastic Additives Market Size and Forecast by Segmentation (by Value USD Billion) (2023-2030) 14.1. Asia Pacific Plastic Additives Market Size and Forecast, by Plastic Type (2023-2030) 14.2. Asia Pacific Plastic Additives Market Size and Forecast, by Type (2023-2030) 14.3. Asia Pacific Plastic Additives Market Size and Forecast, by Application (2023-2030) 14.4. Asia Pacific Plastic Additives Market Size and Forecast, by Country (2023-2030) 14.4.1. China 14.4.1.1. China Plastic Additives Market Size and Forecast, by Plastic Type (2023-2030) 14.4.1.2. China Plastic Additives Market Size and Forecast, by Type (2023-2030) 14.4.1.3. China Plastic Additives Market Size and Forecast, by Application (2023-2030) 14.4.2. S Korea 14.4.2.1. S Korea Plastic Additives Market Size and Forecast, by Plastic Type (2023-2030) 14.4.2.2. S Korea Plastic Additives Market Size and Forecast, by Type (2023-2030) 14.4.2.3. S Korea Plastic Additives Market Size and Forecast, by Application (2023-2030) 14.4.3. Japan 14.4.3.1. Japan Plastic Additives Market Size and Forecast, by Plastic Type (2023-2030) 14.4.3.2. Japan Plastic Additives Market Size and Forecast, by Type (2023-2030) 14.4.3.3. Japan Plastic Additives Market Size and Forecast, by Application (2023-2030) 14.4.4. India 14.4.4.1. India Plastic Additives Market Size and Forecast, by Plastic Type (2023-2030) 14.4.4.2. India Plastic Additives Market Size and Forecast, by Type (2023-2030) 14.4.4.3. India Plastic Additives Market Size and Forecast, by Application (2023-2030) 14.4.5. Australia 14.4.5.1. Australia Plastic Additives Market Size and Forecast, by Plastic Type (2023-2030) 14.4.5.2. Australia Plastic Additives Market Size and Forecast, by Type (2023-2030) 14.4.5.3. Australia Plastic Additives Market Size and Forecast, by Application (2023-2030) 14.4.6. ASEAN 14.4.6.1. ASEAN Plastic Additives Market Size and Forecast, by Plastic Type (2023-2030) 14.4.6.2. ASEAN Plastic Additives Market Size and Forecast, by Type (2023-2030) 14.4.6.3. ASEAN Plastic Additives Market Size and Forecast, by Application (2023-2030) 14.4.7. Rest of Asia Pacific 14.4.7.1. Rest of Asia Pacific Plastic Additives Market Size and Forecast, by Plastic Type (2023-2030) 14.4.7.2. Rest of Asia Pacific Plastic Additives Market Size and Forecast, by Type (2023-2030) 14.4.7.3. Rest of Asia Pacific Plastic Additives Market Size and Forecast, by Application (2023-2030) 15. South America Plastic Additives Market Size and Forecast by Segmentation (by Value USD Billion) (2023-2030) 15.1. South America Plastic Additives Market Size and Forecast, by Plastic Type (2023-2030) 15.2. South America Plastic Additives Market Size and Forecast, by Type (2023-2030) 15.3. South America Plastic Additives Market Size and Forecast, by Application (2023-2030) 15.4. South America Plastic Additives Market Size and Forecast, by Country (2023-2030) 15.4.1. Brazil 15.4.1.1. Brazil Plastic Additives Market Size and Forecast, by Plastic Type (2023-2030) 15.4.1.2. Brazil Plastic Additives Market Size and Forecast, by Type (2023-2030) 15.4.1.3. Brazil Plastic Additives Market Size and Forecast, by Application (2023-2030) 15.4.2. Argentina 15.4.2.1. Argentina Plastic Additives Market Size and Forecast, by Plastic Type (2023-2030) 15.4.2.2. Argentina Plastic Additives Market Size and Forecast, by Type (2023-2030) 15.4.2.3. Argentina Plastic Additives Market Size and Forecast, by Application (2023-2030) 15.4.3. Rest Of South America 15.4.3.1. Rest Of South America Plastic Additives Market Size and Forecast, by Plastic Type (2023-2030) 15.4.3.2. Rest Of South America Plastic Additives Market Size and Forecast, by Type (2023-2030) 15.4.3.3. Rest Of South America Plastic Additives Market Size and Forecast, by Application (2023-2030) 16. Middle East and Africa Plastic Additives Market Size and Forecast by Segmentation (by Value USD Billion) (2023-2030) 16.1. Middle East and Africa Plastic Additives Market Size and Forecast, by Plastic Type (2023-2030) 16.2. Middle East and Africa Plastic Additives Market Size and Forecast, by Type (2023-2030) 16.3. Middle East and Africa Plastic Additives Market Size and Forecast, by Application (2023-2030) 16.4. Middle East and Africa Plastic Additives Market Size and Forecast, by Country (2023-2030) 16.4.1. South Africa 16.4.1.1. South Africa Plastic Additives Market Size and Forecast, by Plastic Type (2023-2030) 16.4.1.2. South Africa Plastic Additives Market Size and Forecast, by Type (2023-2030) 16.4.1.3. South Africa Plastic Additives Market Size and Forecast, by Application (2023-2030) 16.4.2. GCC 16.4.2.1. GCC Plastic Additives Market Size and Forecast, by Plastic Type (2023-2030) 16.4.2.2. GCC Plastic Additives Market Size and Forecast, by Type (2023-2030) 16.4.2.3. GCC Plastic Additives Market Size and Forecast, by Application (2023-2030) 16.4.3. Rest Of MEA 16.4.3.1. Rest Of MEA Plastic Additives Market Size and Forecast, by Plastic Type (2023-2030) 16.4.3.2. Rest Of MEA Plastic Additives Market Size and Forecast, by Type (2023-2030) 16.4.3.3. Rest Of MEA Plastic Additives Market Size and Forecast, by Application (2023-2030) 17. Company Profile: Key Players 17.1. BASF SE (Germany) 17.1.1. Company Overview 17.1.2. Business Portfolio 17.1.3. Financial Overview 17.1.4. SWOT Analysis (Technological strengths and weaknesses) 17.1.5. Strategic Analysis (Recent strategic moves) 17.1.6. Recent Developments 17.2. Lanxess AG (Germany) 17.3. Biesterfield Plastic GmbH (Germany) 17.4. Evonik Industries AG (Germany) 17.5. BASF SE (Germany) 17.6. Altana AG (Germany) 17.7. Clariant AG (Switzerland) 17.8. Albemarle Corporation (US) 17.9. ExxonMobil Chemical (US) 17.10. The Dow Chemical Company (US) 17.11. Cabot Corporation (US) 17.12. Ferro Corporation (US) 17.13. Chevron Phillips Chemical Company LLC (US) 17.14. Arkema Group (France) 17.15. Italmatch Chemicals SpA (Italy) 17.16. Nouryon (Netherlands) 17.17. Grupa Azoty S.A. (Poland) 17.18. Kaneka Corporation (Japan) 17.19. Mitsui Chemicals (Japan) 17.20. DIC Corporation (Japan) 17.21. Kao Corporation (Japan) 17.22. Toray Industries (Japan) 17.23. Songwon Industrial Co. Ltd. (South Korea) 17.24. LG Chem Ltd. (South Korea) 17.25. Sennics Co., Ltd. (Thailand) 17.26. SABIC (Saudi Arabia) 17.27. Others 18. Key Findings and Analyst Recommendations 18.1. Attractive Opportunities for Players in the Plastic Additives Market 19. Plastic Additives Market: Research Methodology 19.1. Market Size Estimation 19.1.1. Bottom-Up Approach 19.1.2. Top-Down Approach 19.2. Data Triangulation 19.2.1. Plastics Additives Market: Data Triangulation 19.3. Growth Forecast 19.3.1. Supply Side 19.3.1.1. Market CAGR Projection From the Supply Side 19.3.2. Demand Side 19.3.2.1. Market CAGR Projection From Demand Side Drivers and Opportunities 19.4. Risk Assessment 19.5. Plastics Additives Market: Risk Assessment