The global market for plastics additives is expected to increase from $36.2 billion in 2008 to an estimated $37.4 billion in 2009, and $45.8 billion in 2014, for a compound annual growth rate (CAGR) of 4.1%.
Property modifiers have the largest share of the market, worth $18.2 billion in 2008 and an estimated $18.7 billion in 2009. This is expected to increase at a CAGR of 4.1% to reach $22.9 billion in 2014.
The property stabilizers segment is the second largest, generating $12.1 billion in 2008 and an estimated $12.6 billion in 2009. This segment should reach $15.4 billion in 2014, for a CAGR of 4.2%.
Every activity in modern life is influenced by plastics and many depend entirely on plastic products. All these plastic products are made from the essential polymer mixed with a complex blend of materials known collectively as additives. Without additives, plastics would not work, but with them plastics can be made safer, cleaner, tougher, and more colorful. Additives cost money, but by reducing production costs and making products last longer, they help in saving money and conserving the world’s precious raw material reserves. In fact, the world today would be a lot less safe, a lot more expensive, and a great deal duller without the additives that turn basic polymers into useful plastics.
STUDY GOALS AND OBJECTIVES
Additives are the ignored components of plastics. For instance, in discussions of the market success of polyvinyl chloride (PVC) or polypropylene (PP), the polymers get the most attention, and little credit is given to the plastics additives that enable these products to be as useful as they are. But when environmental and health concerns arise, plastics additives take center stage until the industry finds a way to either replace the troublesome additives with newer types of additives or to prove that the additives in question are essentially harmless. This report intends to bring out the usefulness of various varieties of plastics additives and the market share of each type of additive.
REASONS FOR DOING THE STUDY
For any company to succeed in a competitive market, opportunities must be identified from the viewpoint of the company’s strengths. For this, it is necessary to understand the size and growth rate of any opportunity and the competitive atmosphere in which the company exists. This report presents the ideal medium to understand the various exciting and growing opportunities in the field of plastics additives. This report focuses on the available opportunities in this vast area of the ever growing field of plastics additives and how to utilize these opportunities.
SCOPE OF REPORT
The report has been prepared in a simple format that can be easily understood with a number of tables and charts/figures. The report includes a detailed study of applications and global and regional markets for various types of the plastics additives to understand the dynamics of the plastics additives industry, which is based on the additives consumption. The reportalso studies the globalization and consolidation of the plastic processing industry so as to enable the additive manufacturers and suppliers to establish positions in all the major regions.
The report looks into the supply and pricing of raw materials and feedstock of various plastics additives, which has been fluctuating rapidly with the rapid run-up in prices of raw materials and energy.
The report also looks into various aspects of the environmental/regulatory aspects of various plastics additives as these continue to provide opportunities as well as threats to additive suppliers. The report also delves into the supply chain shifts and value migration, which affects additives demand.
This report will help the following personnel mainly responsible for the plastic additive manufacturing, distribution, and supplying business:
Specialty chemical manufacturers
Potential market entrants into additive business
Both primary and secondary research methods were used in this study. Primary information sources for this market research include individuals within companies, various research organizations, governmental agencies, and trade associations. Additional secondary research sources include databases, trade literature, specialized journals, and government statistics.
The analyst is a mechanical engineer with more than 40 years of experience in designing factory layouts and setting up factories. He has set up factories for production of weighing machines and dynamic balancing machines in India, and has experience in design, production, and servicing the above equipment. He was senior vice president of M/S Schenck Avery, Ltd., an Indo-German joint venture, and set up the electronics department for the manufacture of various types of electronic weighing and dynamic balancing equipment. He has extensive market research experience, and has authored several technology market research reports for BCC Research.
BCC ONLINE SERVICES
BCC offers an online information retrieval service. BCC’s home page, at www.bccresearch.com, enables readers to:
Examine BCC’s complete catalog of market research reports and place direct orders
Subscribe to any of BCC’s many industry newsletters
Read announcements of recently published reports and newly launched newsletters
Register for BCC’s well-known conferences
Request additional information on any BCC product
Take advantage of special offers
The information developed in this report is intended to be as reliable as possible at the time of publication and of a professional nature. This information does not constitute managerial, legal, or accounting advice; nor should it serve as a corporate policy guide, laboratory manual, or an endorsement of any product, as much of the information is speculative in nature. The author assumes no responsibility for any loss or damage that might result from reliance on the reported information or from its use.
Share This Report
Download Report Overview
Complete the form below and we'll send you a private, secure link to download the Report Overview as a PDF.
BCC Research provides objective, unbiased measurement and assessment of market opportunities with detailed market research reports. Our experienced industry analysts assess growth opportunities, market sizing, technologies, applications, supply chains and companies with the singular goal of helping you make informed business decisions, free of noise and hype.
Thank you for your interest in BCC Research. You will be added to our mailing list.