DUBLIN--(BUSINESS WIRE)--The "Plastic Antioxidants Market by Polymer Resin (Polyethylene, Polypropylene, Polyvinyl Chloride, Polystyrene, Acrylonitrile Butadiene Styrene), Antioxidants Type (Phenolic, Phosphite & Phosphonite, Antioxidant Blends) - Global Forecast to 2022" report has been added to Research and Markets' offering.
The plastic antioxidants market is estimated to reach USD 2.11 Billion by 2022, at a CAGR of 4.5% between 2017 and 2022.
The plastic antioxidants market is largely driven by the rising use of plastics in the packaging, building & construction, and automotive sectors, among others. Plastics possess superior mechanical and electrical properties, enhanced abrasion resistance, and superior chemical resistance, as compared to conventional materials, such as metals, glass, paper, and ceramic. The rising use of plastics is expected to drive the plastic antioxidants market. However, health effects associated with the usage of synthetic plastic antioxidants are the major restraints for the growth of the market.
The phosphite & phosphonite segment is expected to witness the highest growth, in terms of volume, from 2017 to 2022. The ability of phosphite and phosphonite antioxidants to provide better color stabilization and its melt viscosity to plastics are the key factors expected to drive the growth of the segment in the coming years.
The growing demand for plastics from the building & construction, agriculture, packaging, and automotive industries is expected to fuel the growth of the plastic antioxidants market in the region. In addition, the rising population and increasing disposable income in countries such as China and India are fueling the growth of the building & construction, packaging, and automotive industries in Asia-Pacific, thereby driving the plastic antioxidants market.
- 3V Sigma S.P.A
- Adeka Corporation
- Ampacet Corporation
- Astra Polymers Compounding Co Ltd.
- Dover Chemical Corporation
- Emerald Performance Materials
- Everspring Chemical Co., Ltd.
- Evonik Industries
- Krishna Antioxidants Pvt. Ltd.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Plastic Antioxidants Market, By Polymer Resin
7 Plastic Antioxidants Market, By Antioxidant Type
8 Plastic Antioxidants Market, By Region
9 Competitive Landscape
10 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/5b6wzz/plastic