The Plastic Antioxidants Market report, published by Stratview Research is Segmented by Polymer Resin Type (Polypropylene, Polyethylene, Polyvinyl Chloride, Polystyrene, Acrylonitrile Butadiene Styrene, and Others), by Antioxidants Type (Phenolic Antioxidants, Phosphite Phosphonite Antioxidants, Antioxidant Blends, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).

Market Insights

The plastic antioxidants market was valued at USD 2.2 billion in 2021 and is likely to grow at a CAGR of 5.2% during 2022-2028 to reach USD 3.16 billion in 2028. 

What are plastic antioxidants?

Plastic antioxidants are the elements that help in protecting plastic materials from thermal oxidation. Different oxidants react on different elements of the oxidation process and also show up at different reactivity levels in different temperatures.

Plastic antioxidants are effective during different temperature ranges and help in improving the thermal stability and processing of plastics. There are also other such antioxidants that work only at high temperature and works best in their solid phase. Two oxidants can be blended at times to offer results that are much more efficient than a single antioxidant.

The report estimates the current and future demand for Plastic Antioxidants Market at the global, regional, as well as country-level. The report also studies all the major suppliers of the market located across the globe. The vital data/information offered in the report can play an important role for the market participants in the identification of the low-hanging fruits available in the market as well as to formulate growth strategies in order to expedite their growth process. This exclusive report is the outcome of an exclusive research methodology including primary research and secondary research.

Key Players

• BASF SE
• Adeka Corporation
• Solvay SA
• 3V Sigma S.P.A
• Dover Chemical Corporation
• Everspring Chemical Co., Ltd.
• Ampacet Corporation
• Astra Polymers Compounding Co Ltd.
• Evonik Industries 

Segment Analysis

Based on the polymer resin type, the market is segmented as polypropylene, polyethylene, polyvinyl chloride, polystyrene, acrylonitrile butadiene styrene, and others. The polypropylene segment is estimated to have the highest growth in the coming five years. The market is driven by the properties of tertiary carbon atoms present in polypropylene, such as susceptibility to oxidation and thermal degradation. The acrylonitrile butadiene styrene segment is also expected to register the highest growth during the forecast period. The growth is attributed to its high demand from various end-use industries.

Based on the antioxidant type, the market is segmented as phenolic antioxidants, phosphite phosphonite antioxidants, antioxidant blends, and others. Phenolic antioxidants are estimated to lead the market during the forecast period. The growing production and adoption of polypropylene and polyethylene for primary use is expected to drive the growth of this segment.

In terms of regions, Asia-Pacific is expected to have the highest growth for plastic antioxidants in the coming five years in terms of both value and volume. China and India are the growth engines of the region. The market is sustained by rising disposable income, the ameliorated standard of living, and increasing demand from various end-use industries. North America and Europe are also expected to offer sizeable growth opportunities during the forecast period.

Frequently Asked Questions (FAQs)

• What will be the size of the Plastic Antioxidants Market in the coming years?
• Who are the key players in the Plastic Antioxidants Market and what are their market shares?
• Which region is expected to remain the largest Plastic Antioxidants Market?
• Which region is expected to witness the highest growth in the Plastic Antioxidants Market?
• What are the key strategies adopted by the major vendors to lead in the Plastic Antioxidants Market?

Report Customization Options

With this detailed report, Stratview Research offers customization options to the clients. This includes detailed company profiling of additional market players, Competitive Benchmarking of key players on the parameters like: Product portfolio, geographical reach, regional presence, and strategic alliances.

About Us

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