Plastic Antioxidants Market Overview:

The Plastic Antioxidants Market analysis provides a full insight into the competition, including the market share and company profiles of the key worldwide rivals. The scope of the research covers a thorough investigation of the Plastic Antioxidants Market, as well as the causes for variances in the industry’s growth in different regions.

The Plastic Antioxidants Market was valued at US$ 1.87 Bn in 2021 and is expected to reach US$ 2.84 Bn by 2029, at a CAGR of 5.33 % during a forecast period.

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Following the completion of market engineering, which comprised market statistics calculations, estimations of market size, market projections, market breakdown, and data triangulation, major primary research were conducted to obtain information and verify and validate critical numbers. Top-down and bottom-up strategies, as well as several data triangulation procedures, were often used throughout the market engineering process to perform market estimating and forecasting for the overall market segments and sub-segments discussed in this research. In order to give vital information throughout the report, extensive qualitative and quantitative analysis is done on all data gathered throughout the market engineering process.

Segmentation:

by Polymer Resin

• Polypropylene (PP)
• Polyethylene (PE)
• Polyvinyl Chloride (PVC)
• Polystyrene (PS)
• Acrylonitrile Butadiene Styrene (ABS)
• Other Polymer Resins

The ABS resin segment, which is based on polymer resin, is anticipated to hold the biggest market share over the projection period. The segment's expansion can be due to the region's expanding ABS demand and production, particularly in China. More than one-third of ABS's global production capacity and more than half of its global consumption are accounted for by China. This is primarily due to China's rising demand for consumer electronics and electrical goods. The need for ABS is driven by its strength and durability in a variety of industries, including home appliances, electrical & electronics, and cars.

by Antioxidant Type

• Phenolic Antioxidants
• Phosphite & Phosphonite Antioxidants
• Antioxidant Blends
• Other Antioxidants

The phosphite and phosphonite segment is anticipated to hold the greatest market share during the forecast period in the antioxidant type segment. The primary elements anticipated to propel the growth of the segment in the upcoming years are the antioxidants' capacity to better stabilise colour and their viscosity for polymers.

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Key Players:

Primary and secondary research is used to identify market leaders, and primary and secondary research is used to calculate market revenue. In-depth interviews with important thought leaders and industry professionals such as experienced front-line staff, CEOs, and marketing executives were conducted as part of the primary study. Primary research comprised in-depth interviews with key thought leaders and industry professionals such as experienced front-line staff, CEOs, and marketing executives, while secondary research included a review of the main manufacturers’ annual and financial reports. Secondary data is used to determine percentage splits, market shares, growth rates, and worldwide market breakdowns, which are then cross-checked with primary data.

• The biggest players in the Plastic Antioxidants Market are as follows:


• BASF
• Songwon
• Adeka Corporation
• Solvay
• SI Group
• Clariant
• Sumitomo Chemical
• 3V Sigma S.P.A
• Dover Chemical Corporation
• Everspring Chemical Co., Ltd.
• Ampacet Corporation
• A.Schulman
• Astra Polymers Compounding Co Ltd.
• Emerald Performance Materials
• Evonik Industries
• Krishna Antioxidants Pvt. Ltd.
• Lanxess
• Milliken & Company
• Omnova Solutions Inc.
• Oxiris Chemicals S.A.
• Rifra Masterbatches S.P.A.
• Wells Plastics Ltd
• Sakai Chemical Industry Co., Ltd.
• Shandong Linyi Sunny Wealth Ch

Regional Analysis:

Individual market influencing components and changes in market regulations affecting the present and future market trends are also included in the regional overview of the Plastic Antioxidants Market analysis. Current and future trends are researched in order to assess the entire market potential and identify profitable patterns in order to get a stronger foothold. The geographical market assessment is based on the present environment and expected developments.

COVID-19 Impact Analysis on the Plastic Antioxidants Market:

End-user industries where Plastic Antioxidants Market is utilized saw a dip in growth from January 2020 to May 2020 in a number of countries, including China, Italy, Germany, the United Kingdom, the United States, Spain, France, and India, due to a pause in operations. This resulted in a significant decrease in the revenues of businesses working in these industries and, as a result, in demand for Plastic Antioxidants Market manufacturers, influencing the development of the Plastic Antioxidants Market in 2020. End-user business demand for Plastic Antioxidants Market has declined significantly as a result of lockdowns and an increase in COVID-19 events worldwide.

Key Questions Answered in the Plastic Antioxidants Market Report are:

In 2021, which segment held the highest proportion of the Plastic Antioxidants Market?

What is the Plastic Antioxidants Market’s competitive landscape?

What are the primary drivers assisting the Plastic Antioxidants Market growth?

Which region has the most market share in the Plastic Antioxidants Market?

What will be the Plastic Antioxidants Market’s CAGR throughout the projected period?

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