Global Plastic Additives Market 2020-2024
Technavio has been monitoring the plastic additives market and it is poised to grow by $ 14.72 bn during 2020-2024 progressing at a CAGR of 6% during the forecast period. Our reports on plastic additives market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the increasing demand for recycled plastics from the packaging industry and increased demand for plastics from the e-commerce market.
The plastic additives market analysis includes type segment and geographic landscape.
Technavio's plastic additives market is segmented as below:
- Processing aids
By Geographic Landscapes
- North America
- South America
This study identifies the developing countries to boost the demand for plastic additives as one of the prime reasons driving the plastic additives market growth during the next few years.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our plastic additives market covers the following areas:
- Plastic additives market sizing
- Plastic additives market forecast
- Plastic additives market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading plastic additives market vendors that include Akzo Nobel NV, BASF SE, Clariant International Ltd., Evonik Industries AG, Exxon Mobil Corp., Kaneka Corp., LANXESS AG, Mitsui Chemicals Inc., PolyOne Corp., and Dow Inc. Also, the plastic additives market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.