Global Plastics Additives Market is Expected to Generate Revenue of $57.8 Billion by 2020 - Research Beam

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Research Beam publishes a report titled "Plastics Additives Market - Global Industry Analysis, Size, Growth Trends, Share, Opportunities and Forecast 2012 - 2020" -

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In terms of volume, the report forecasts the global plastic additives market would reach 17.1 million tons by 2020, registering a CAGR of 4.4% from 2013 to 2020.

Research beam publishes a report titled "Plastic Additives Market (Functions, Types, Applications and Geography) - Size, Share, Global Trends, Analysis, Opportunities, Growth, Intelligence and Forecast, 2012-2020."

In terms of volume, the report forecasts the global plastic additives market would reach 17.1 million tons by 2020, registering a CAGR of 4.4% from 2013 to 2020.

Use of plastics as an alternative is rising due to increased cost of metal equipment. Further, low cost and properties equivalent to that of metal is also working positively for the growth of plastics. Thus, there is a rise in demand for additives that enhances the plastics properties. However, stringent government regulations and pending lawsuits are hampering the growth of plastic additives market.

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In Asia Pacific region, the plastic additive market has an edge due to abundant supply of raw materials and cheap labor. Similarly, availability of economical workforce in under developed countries such as in Africa would also attract investments in future. As per the analysis, the RoW and Asia-Pacific region would together share 60% of the global plastic additives market by 2020.

In terms of type, the Plastic additive market is segmented into Plasticizers, Flame Retardants, Impact Modifiers, Antioxidants, Anti-microbial and UV Stabilizers. In terms of value and volumes, plasticizers market is leading the types market due to its multiple applications in manufacturing. The flame-retardants plastic additives market is expected to grow rapidly with a CAGR of 5.4% from 2013 to 2020.

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Key companies operation in the global plastic additive market are:
Chemtura Corporation
Exxon Mobil Corporation
Bayer Ag
Clariant Ltd
Kaneka Corporation.

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