DUBLIN, December 21, 2021--(BUSINESS WIRE)--The "Plastic Additives Market - Global Outlook & Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.
The plastic additives market was valued at USD 28.53 billion in 2020 and is expected to reach USD 38.77 billion by 2026 growing at a CAGR of 5.24%
Due to the growing population, rapid urbanization, and rising middle-class incomes, APAC countries will witness robust demand for plastic additives by end-user markets. To increase the innovative applications and for bioplastics, there will be heavy investments in the research and development of plastic additives in the forecast period.
Thus, product growth is expected to remain stable and rising. Also, the innovation and usability of the additives for plastic have increased. This is the only reason why commodity plastics like Polyethylene, Polypropylene, PVC, or Polystyrene can be used in various engineering and even high-performance applications.
The following factors are likely to contribute to the growth of the plastic additives market
Focus on developing the bio-based plastics
Rising demand for plastics from APAC and other regions
Replacement of conventional materials with plastic
Various regulations for the VOCs and toxic elements in the plastics have made it necessary for the vendors and manufacturers to invest in bio-based plastics.
Due to their reliability, longevity, light weightiness, and cost-effectiveness, plastics are replacing materials such as wood and metal more and more often, especially in the construction industry. This will fuel market growth.
Sectors such as packaging, consumer goods, and building and construction will emerge as major consumers of plastic additives. Factors such as fast-paced consumer lifestyle and technological advances will drive the demand for flexible packaging, e-commerce packaging, food and beverage packaging.
The study considers a detailed scenario of the present plastic additives market and its market dynamics for the period 2021-2026. It covers a detailed overview of several market growth enablers, restraints, and trends. The report offers both the demand and supply aspects of the market. It profiles and examines leading companies and other prominent ones operating in the market.
1. How big is the plastic additives market?
2. Which region has the highest market share in plastic additives?
3. Who are the key players in the global plastic additives industry?
4. What are the different segments covered in the plastic additives market?
5. What are the key driving factors driving the growth of the plastic additives industry?
6. What are the applications in the plastic additives market?
Focus On Developing Bio-Based Plastics
Rising Demand For Plastics From APAC And Other Regions
Replacement Of Conventional Materials With Plastic
Stringent Regulations On Plastic Usage
Impact Modifiers and Processing Aids
The key companies in the plastic additives industry are BASF SE, SONGWON, Clariant AG, Albemarle Corporation, and ExxonMobil.
Songwon is a market leader in plastic additives, and more than 60% of the total revenue is due to the virtue of polymer additives stabilizers. This dominancy in the market is due to its expertise in delivering quality products for various applications.
For more information about this report visit https://www.researchandmarkets.com/r/neobnj
View source version on businesswire.com: https://www.businesswire.com/news/home/20211221005690/en/
ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
(Bloomberg) -- Venezuela says it’s pumping the most oil since harsh U.S. sanctions strangled state-owned oil company Petroleos de Venezuela SA more than two years ago. Not everyone believes it. Most Read from BloombergCoronavirus Can Persist for Months After Traversing BodyU.S. Futures Rise as Traders Mull Virus, China Vow: Markets WrapFauci Says Domestic Travel Vaccination Rule Should Be ConsideredConnecticut, N.Y. Sending Covid Tests to Schools: Virus UpdateCases Surge Globally; Fauci Warns of
Rik Mehta, a former FDA official and Georgetown University health law professor, joins Yahoo Finance Live to discuss U.S. COVID cases topping the early 2021 winter pandemic peak and how the medical community is responding to the Omicron variant.
The retailer became the latest Western company to face scrutiny over its handling of business involving Xinjiang following the passage of a U.S. law that bans most imports from the Chinese region.
A lawsuit claims executives knew of misconduct at the key revenue generator “Good Morning America” but didn’t follow up and discouraged an official report.
Investors expect the heavy snow and freezing temperatures predicted in the northern and western parts of the country will cause more homes to turn up their heat.
Omicron has thrown a return to the office into disarray, perhaps for months. Among companies pausing reopenings are Apple, Ford and Fidelity.
Upstream oil and gas operators in the Permian Basin are accelerated the trend last week toward fewer and bigger players.
When you leave a job, and an IRA rollover is only one way to preserve the money’s tax-deferred status, and it's not always the best.
When looking for the best artificial intelligence stocks to buy, identify companies using AI technology to improve products or gain a strategic edge, such as Google, Microsoft and Nvidia.
(Bloomberg) -- Iron ore declined as investors weighed expectations that the steelmaking raw material will face a surplus next year.Most Read from BloombergCoronavirus Can Persist for Months After Traversing BodyU.S. Futures Rise as Traders Mull Virus, China Vow: Markets WrapFauci Says Domestic Travel Vaccination Rule Should Be ConsideredConnecticut, N.Y. Sending Covid Tests to Schools: Virus UpdateCases Surge Globally; Fauci Warns of Complacency: Virus UpdateFutures in Singapore slumped as much
Mining companies have been minting bumper profits this year as metal and commodity prices skyrocket, and 2022 is set to become an even better year for miners
These articles tell you how to do everything from how to use your 529 plan creatively to how to retire early.
Many food manufacturers say they plan to raise prices in 2022 for a range of products from macaroni-and-cheese to snacks, the latest sign that consumers will continue to face higher costs at the supermarket.
In early 1984, I entered the Forbes building on lower Fifth Avenue in Manhattan for the first time, and I was scared. Forbes broke landmark stories on securities fraud, the burgeoning takeover movement, Michael Milken’s junk bond empire, and a brash New York real estate developer who claimed to be richer than he actually was. The much-feared top editor was Jim Michaels, one of a generation of newsroom tyrants who were The Devil Wears Prada of their time, but in black brogues, not stiletto heels.
Professionals toward the end of 2021 saw compensation jump at the fastest rate in nearly 20 years, with sectors including law and finance reaping significant gains.
Earlier this month employees at a Starbucks (NASDAQ: SBUX) location in Buffalo, New York, voted to join a union, making it the only company-owned store in the country to do so. While it's just one location now, it could set off a domino effect and inspire other Starbucks outlets across the country to follow a similar course of action. Starbucks has had to deal with the possibility of stores unionizing before.
The National Highway Traffic Safety Administration (NHTSA) said it had opened an "engineering analysis" covering about 3 million vehicles to evaluate, among other things, the efficacy of recalls initiated by the two automakers. The agency added that it was aware of 161 fires occurring potentially due to engine failures. An engineering analysis is the next step in a process that could lead to a recall, although sometimes NHTSA closes such probes without requiring any action.
As the new variant spreads, businesses across California are rethinking timelines for bringing workers back into the office and scrambling to cope with lost productivity.
We’re about to turn the page on the calendar, put 2021 behind us, and stride into the brave, new year of 2022 – and Wall Street’s prognosticators are busy scanning the stocks to find the winners and losers for next year’s markets. Whether it’s individual stocks, whole industry sectors, or some combination of both, the analysts are finding plenty of Buy-rated equities for investors to consider. Take the automotive sector. Few industrials will present as many investment opportunities, both in 2022
The Walt Disney Co (NYSE: DIS) ABC News producer Kirstyn Crawford alleged sexual assault two years earlier by her boss, Michael Corn, the top producer of ABC's biggest revenue earner, "Good Morning America," to writer Jay Carson for "The Morning Show," the Wall Street Journal reports. Carson reportedly shared the information with his friend, "Good Morning America" anchor George Stephanopoulos. Stephanopoulos admitted informing key company executives. In a suit against ABC and Corn filed this Aug