Report Highlights
- 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%.
INTRODUCTION
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.
- Additive manufacturers
- Additive suppliers
- Additive distributors
- Specialty chemical manufacturers
- Resin manufacturers
- Master-batch suppliers
- Potential market entrants into additive business
- Industry advisers
- 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
Report Highlights
-
Plastic additives encompass a wide variety of materials added to plastic resins in order to enhance the quality of these resins. The materials can be classified as modifiers, property extenders, and processing aids. A complete list of these additives indicates the 32 types of additives that are used commercially.
-
The consumption level of plastic additives follows the consumption level of plastic resins. Plastic resin production in the U.S. was 29.1 billion lb. in 1973, 59.7 billion lb. in 1988, and 100.9 billion lb. in 2000 — a growth rate of 4.7% annually during 27 years. This type of growth parallels the consumption level of additives, although the use of some additive types is growing more rapidly than others.
-
U.S. additives sales expected to grow at 3.5% annually to reach $5.5 billion in 2005. World markets for these additives are 35% in Asia, 28% in North America, 25% in Europe, and the rest of the world at the remaining 12%. These figures indicate that the world market for these additives in 2000 has a value of about $16.4 billion.
Related Reports
Recent Reports
Wood-Plastic Composites: Technologies and Global Markets
The global market for wood-plastic composites (WPCs) is expected to grow from $4.7 billion in 2024 to $6.9 billion by the end of 2029, at a compound annual growth rate (CAGR) of 8.1% from 2024 through 2029.
2024 Plastics Research Review
This 2024 Research Review of the plastics industry offers a sample of the types of quantitative market information, analysis, and guidance that has been aiding business decision-making since the inception of BCC Research in 1971.
2024 Packaging Research Review
This 2024 Research Review of Packaging Market provides a sampling of the type of quantitative market information, analysis, and guidance that BCC Research has been developing since its inception in 1971 to help its customers make informed business decisions.
Global Markets and Technologies for Bioplastics
The global market volume for bioplastics is estimated to increase from 2,431.9 kilotons in 2024 to reach 5,634.6 kilotons by 2029, at a compound annual growth rate (CAGR) of 18.3% from 2024 through 2029.
The Global Market for Composites: Resins, Fillers, Reinforcements, Natural Fibers and Nanocomposites
The global market for composites is expected to grow from $126.8 billion in 2024 and is projected to reach $183.1 billion by the end of 2029, at a compound annual growth rate (CAGR) of 7.6% during the forecast period of 2024 to 2029.
Top Trending Reports
Global Markets for Emerging Medical Device Technologies
The global market for emerging medical devices is estimated to increase from $136.6 billion in 2024 to reach $223.9 billion by 2029, at a compound annual growth rate (CAGR) of 10.4% from 2024 through 2029.
Global Diabetic Care Devices Market
The global market for diabetes monitoring devices is expected to grow from $16.6 billion in 2024 to $26.8 billion by the end of 2029, at a compound annual growth rate (CAGR) of 10.1% from 2024 through 2029.
Generative AI: Global Markets
The global market for generative AI was valued at $15.4 billion in 2023. It is projected to grow from $20.8 billion in 2024 to $94.4 billion by 2029, at a compound annual growth rate (CAGR) of 35.3% from 2024 through 2029.
2024 Medical Devices Research Review
The medical device industry is a multi-billion-dollar industry whose outlook is supposed to rise in the coming years These devices treat and diagnose a multitude of patient conditions and work much better than drugs.
Single-Cell Genomics and Proteomics: Emerging Technologies and Markets
The global market for single-cell genomics and proteomics is expected to grow from $4.0 billion in 2024 to reach $9.1 billion by the end of 2029, at a compound annual growth rate (CAGR) of 17.6% from 2024 through 2029.
Become A Member
BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.
Find Out MoreCustom Consulting
BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.
Customize NowScorecard
The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.
Find Out MoreInnovation Spotlight
Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.
Find Out More