Table of Content

1 INTRODUCTION 42
1.1 OBJECTIVES OF THE STUDY 42
1.2 MARKET DEFINITION 42
1.2.1 PLASTIC ADDITIVES MARKET: INCLUSIONS AND EXCLUSIONS 42
1.2.2 PLASTIC ADDITIVES: MARKET DEFINITION AND INCLUSIONS, BY TYPE 43
1.2.3 PLASTIC ADDITIVES: MARKET DEFINITION AND INCLUSIONS,
BY PLASTIC TYPE 43
1.2.4 PLASTIC ADDITIVES: MARKET DEFINITION AND INCLUSIONS, BY APPLICATION 44
1.3 MARKET SCOPE 44
1.3.1 PLASTIC ADDITIVES MARKET SEGMENTATION 44
1.3.2 REGIONS COVERED 45
1.3.3 YEARS CONSIDERED FOR THE STUDY 45
1.4 CURRENCY 46
1.5 UNIT CONSIDERED 46
1.6 STAKEHOLDERS 46
1.7 SUMMARY OF CHANGES 46
2 RESEARCH METHODOLOGY 48
2.1 RESEARCH DATA 48
FIGURE 1 PLASTIC ADDITIVES MARKET: RESEARCH DESIGN 48
2.1.1 SECONDARY DATA 48
2.1.2 PRIMARY DATA 49
2.1.2.1 Primary interviews –Demand and supply-side 49
2.1.2.2 Key industry insights 49
2.1.2.3 Breakdown of primary interviews 50
2.2 MARKET SIZE ESTIMATION 50
2.2.1 BOTTOM-UP APPROACH 51
FIGURE 2 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 (SUPPLY SIDE): REVENUE OF PRODUCTS 51
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 BOTTOM-UP (SUPPLY-SIDE): COLLECTIVE REVENUE OF ALL PRODUCTS 51
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2 –BOTTOM-UP (DEMAND SIDE): PRODUCTS SOLD AND THEIR AVERAGE SELLING PRICE 52
2.2.2 TOP-DOWN APPROACH 52
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 3 –TOP-DOWN 53
2.3 DATA TRIANGULATION 53
FIGURE 6 PLASTIC ADDITIVES MARKET: DATA TRIANGULATION 54
2.4 GROWTH RATE ASSUMPTIONS/GROWTH FORECAST 54
2.4.1 SUPPLY-SIDE 55
FIGURE 7 MARKET CAGR PROJECTIONS FROM SUPPLY-SIDE 55
2.4.2 DEMAND-SIDE 55
FIGURE 8 MARKET GROWTH PROJECTIONS FROM DEMAND SIDE DRIVERS
AND OPPORTUNITIES 55
2.5 FACTORS ANALYSIS 56
2.6 ASSUMPTIONS 56
2.7 LIMITATIONS 57
2.8 RISK ASSESSMENT 57
TABLE 1 PLASTIC ADDITIVES MARKET: RISK ASSESSMENT 57
3 EXECUTIVE SUMMARY 58
FIGURE 9 PLASTICIZERS TO BE LARGEST TYPE OF PLASTIC ADDITIVES IN 2020 59
FIGURE 10 COMMODITY PLASTIC TO BE LARGEST SEGMENT IN THE OVERALL
MARKET DURING THE FORECAST PERIOD 59
FIGURE 11 PACKAGING APPLICATION TO REGISTER HIGHEST CAGR DURING
THE FORECAST PERIOD 60
FIGURE 12 APAC ACCOUNTED FOR THE LARGEST MARKET SHARE IN 2020 61
4 PREMIUM INSIGHTS 62
4.1 SIGNIFICANT OPPORTUNITIES IN PLASTIC ADDITIVES MARKET 62
FIGURE 13 GROWING PACKAGING APPLICATION TO DRIVE PLASTIC ADDITIVES
MARKET DURING THE FORECAST PERIOD 62
4.2 PLASTIC ADDITIVES MARKET SIZE, BY REGION 62
FIGURE 14 APAC TO BE LARGEST MARKET FOR PLASTIC ADDITIVES DURING
THE FORECAST PERIOD 62
4.3 APAC: PLASTIC ADDITIVES MARKET, BY APPLICATION AND COUNTRY, 2020 63
FIGURE 15 CHINA ACCOUNTED FOR THE LARGEST MARKET SHARE 63
4.4 PLASTIC ADDITIVES MARKET SIZE, BY APPLICATION 63
FIGURE 16 PACKAGING TO BE LARGEST APPLICATION OF PLASTIC ADDITIVES MARKET 63
4.5 PLASTIC ADDITIVES MARKET SIZE, BY PLASTIC TYPE VS REGION 64
FIGURE 17 COMMODITY PLASTIC TO BE DOMINANT SEGMENT OF PLASTIC
ADDITIVES MARKET ACROSS REGIONS 64
4.6 PLASTIC ADDITIVES MARKET ATTRACTIVENESS 64
FIGURE 18 CHINA TO BE FASTEST-GROWING MARKET DURING FORECAST PERIOD 64
5 MARKET OVERVIEW 65
5.1 INTRODUCTION 65
5.2 MARKET DYNAMICS 65
FIGURE 19 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN THE
PLASTIC ADDITIVES MARKET 66
5.2.1 DRIVERS 66
5.2.1.1 Replacement of conventional materials by plastics 66
TABLE 2 GLOBAL VEHICLE PRODUCTION, BY COUNTRY, 2016–2020 (UNITS) 67
5.2.1.2 Reusable property of plastics 67
TABLE 3 GLOBAL RECYCLED PLASTIC MARKET, BY REGION,
2016–2020 (THOUSAND KILOTON) 67
5.2.2 RESTRAINTS 68
5.2.2.1 Stringent government regulations governing the plastic industry 68
TABLE 4 REGULATIONS AGAINST PLASTIC WASTE, 2018–2021 68
5.2.3 OPPORTUNITIES 69
5.2.3.1 Cost-effectiveness and commercialization of plastics 69
5.2.3.2 Increased usage of plastics in packaging applications 69
5.2.4 CHALLENGES 69
5.2.4.1 Effects of plastic on the environment 69
5.3 TECHNOLOGY OVERVIEW 70
5.4 PORTER’S FIVE FORCES ANALYSIS 70
FIGURE 20 PLASTIC ADDITIVES MARKET: PORTER’S FIVE FORCES ANALYSIS 71
5.4.1 THREAT OF SUBSTITUTES 71
5.4.2 THREAT OF NEW ENTRANTS 71
5.4.3 BARGAINING POWER OF SUPPLIERS 72
5.4.4 BARGAINING POWER OF BUYERS 72
5.4.5 INTENSITY OF COMPETITIVE RIVALRY 72
TABLE 5 PLASTIC ADDITIVES MARKET: PORTER’S FIVE FORCES ANALYSIS 73
5.5 MACROECONOMIC INDICATORS 73
5.5.1 GDP TRENDS AND FORECAST OF MAJOR ECONOMIES 73
TABLE 6 TRENDS AND FORECAST OF GDP, 2019–2026 (GROWTH RATE) 73
5.6 COVID-19 IMPACT 74
5.6.1 INTRODUCTION 74
5.6.2 COVID-19 HEALTH ASSESSMENT 74
FIGURE 21 COUNTRY-WISE SPREAD OF COVID-19 75
5.6.3 COVID-19 ECONOMIC ASSESSMENT 75
FIGURE 22 REVISED GDP FORECASTS FOR SELECT G20 COUNTRIES IN 2021 76
5.6.3.1 COVID-19 Impact on the economy?Scenario Assessment 77
FIGURE 23 FACTORS IMPACTING THE GLOBAL ECONOMY 77
FIGURE 24 SCENARIOS OF COVID-19 IMPACT 78
5.7 IMPACT OF COVID-19: CUSTOMER ANALYSIS 79
6 INDUSTRY TRENDS 80
6.1 SUPPLY CHAIN ANALYSIS 80
FIGURE 25 PLASTIC ADDITIVES MARKET: SUPPLY CHAIN 80
6.1.1 RAW MATERIALS 80
6.1.2 MANUFACTURING OF PLASTIC ADDITIVES 81
6.1.3 DISTRIBUTION 81
6.1.4 END USERS 81
TABLE 7 PLASTIC ADDITIVES MARKET: SUPPLY CHAIN 81
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6.2 SHIFT IN REVENUE STREAMS DUE TO MEGATRENDS IN END-USE INDUSTRIES 83
FIGURE 26 PLASTIC ADDITIVES MARKET: CHANGING REVENUE MIX 83
6.3 CONNECTED MARKETS: ECOSYSTEM 84
FIGURE 27 PLASTIC ADDITIVES MARKET: ECOSYSTEM 84
6.4 PLASTIC ADDITIVES MARKET: REALISTIC, PESSIMISTIC, OPTIMISTIC,
AND NON-COVID-19 SCENARIO 85
FIGURE 28 MARKET SIZE UNDER REALISTIC, PESSIMISTIC, OPTIMISTIC,
AND NON-COVID-19 SCENARIO 85
TABLE 8 PLASTIC ADDITIVES MARKET IN REALISTIC, PESSIMISTIC,
OPTIMISTIC, AND NON-COVID-19 SCENARIO (USD BILLION) 85
6.4.1 NON-COVID-19 SCENARIO 85
6.4.2 OPTIMISTIC SCENARIO 85
6.4.3 PESSIMISTIC SCENARIO 86
6.4.4 REALISTIC SCENARIO 86
6.5 AVERAGE SELLING PRICE 86
TABLE 9 AVERAGE SELLING PRICE OF PLASTIC ADDITIVES, BY REGION (USD/KG) 86
6.6 CASE STUDIES 86
6.6.1 VOLVO CARS AIM FOR 25 PERCENT RECYCLED PLASTICS FROM 2025 86
6.6.2 LYONDELLBASELL TO USE PLASTIC WASTE-DERIVED RAW MATERIALS
TO PRODUCE POLYMERS 87
6.6.3 BASF JOINS DIGITAL WATERMARK INITIATIVE FOR EFFICIENT
RECYCLING OF PACKAGING MATERIALS 87
6.7 TRADE DATA STATISTICS 87
6.7.1 IMPORT SCENARIO 87
FIGURE 29 PLASTIC ADDITIVES IMPORT, BY KEY COUNTRY (2012-2019) 87
TABLE 10 IMPORT OF PLASTIC ADDITIVES, BY REGION, 2012-2019 (USD MILLION) 88
6.7.2 EXPORT SCENARIO 88
FIGURE 30 PLASTIC ADDITIVES EXPORT, BY KEY COUNTRY (2012-2019) 88
TABLE 11 EXPORT OF PLASTIC ADDITIVES, BY REGION, 2012-2019 (USD MILLION) 89
6.8 REGULATORY LANDSCAPE 89
6.8.1 REGULATIONS RELATED TO PLASTIC ADDITIVES 89
6.9 PATENT ANALYSIS 91
6.9.1 APPROACH 91
6.9.2 DOCUMENT TYPE 91
FIGURE 31 PATENTS REGISTERED FOR PLASTIC ADDITIVES, 2010–2020 91
FIGURE 32 PATENTS PUBLICATION TRENDS FOR PLASTIC ADDITIVES, 2010–2020 92
6.9.3 JURISDICTION ANALYSIS 92
FIGURE 33 MAXIMUM PATENTS FILED BY COMPANIES IN CHINA 92
6.9.4 TOP APPLICANTS 93
FIGURE 34 LG CHEMICAL LTD. REGISTERED MAXIMUM NUMBER OF PATENTS
BETWEEN 2010 AND 2020 93
TABLE 12 TOP 10 PATENT OWNERS IN US, 2010–2020 95
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7 PLASTIC ADDITIVES MARKET, BY TYPE 96
7.1 INTRODUCTION 97
FIGURE 35 PLASTICIZERS TO ACCOUNT FOR LARGEST SHARE IN PLASTIC ADDITIVES MARKET DURING THE FORECAST PERIOD 97
TABLE 13 PLASTIC ADDITIVES MARKET SIZE, BY TYPE, 2016–2019 (KILOTON) 98
TABLE 14 PLASTIC ADDITIVES MARKET SIZE, BY TYPE, 2020–2026 (KILOTON) 98
TABLE 15 PLASTIC ADDITIVES MARKET SIZE, BY TYPE, 2016–2019 (USD MILLION) 99
TABLE 16 PLASTIC ADDITIVES MARKET SIZE, BY TYPE, 2020–2026 (USD MILLION) 100
7.2 PLASTICIZERS 100
7.2.1 INCREASING MANUFACTURE OF PVC IN DEVELOPING REGIONS
TO DRIVE THE MARKET 100
TABLE 17 PLASTICIZERS: PLASTIC ADDITIVES MARKET SIZE, BY REGION,
2016–2019 (KILOTON) 100
TABLE 18 PLASTICIZERS: PLASTIC ADDITIVES MARKET SIZE, BY REGION,
2020–2026 (KILOTON) 101
TABLE 19 PLASTICIZERS: PLASTIC ADDITIVES MARKET SIZE, BY REGION,
2016–2019 (USD MILLION) 101
TABLE 20 PLASTICIZERS: PLASTIC ADDITIVES MARKET SIZE, BY REGION,
2020–2026 (USD MILLION) 101
7.2.2 PHTHALATE 102
7.2.3 NON-PHTHALATE 102
7.3 STABILIZERS 102
7.3.1 GROWING PACKAGING INDUSTRY TO DRIVE THE MARKET 102
TABLE 21 STABILIZERS: PLASTIC ADDITIVES MARKET SIZE, BY REGION,
2016–2019 (KILOTON) 103
TABLE 22 STABILIZERS: PLASTIC ADDITIVES MARKET SIZE, BY REGION,
2020–2026 (KILOTON) 103
TABLE 23 STABILIZERS: PLASTIC ADDITIVES MARKET SIZE, BY REGION,
2016–2019 (USD MILLION) 103
TABLE 24 STABILIZERS: PLASTIC ADDITIVES MARKET SIZE, BY REGION,
2020–2026 (USD MILLION) 104
7.3.2 UV STABILIZERS 104
7.3.3 ANTIOXIDANTS 104
7.3.4 OTHERS 104
7.3.4.1 Heat stabilizers 104
7.3.4.2 Light stabilizers 104
7.4 FLAME RETARDANTS 105
7.4.1 STRINGENT FIRE SAFETY RULES IN DEVELOPED REGIONS TO
INCREASE THE DEMAND 105
TABLE 25 FLAME RETARDANTS: PLASTIC ADDITIVES MARKET SIZE, BY REGION,
2016–2019 (KILOTON) 105
TABLE 26 FLAME RETARDANTS: PLASTIC ADDITIVES MARKET SIZE, BY REGION,
2020–2026 (KILOTON) 105
TABLE 27 FLAME RETARDANTS: PLASTIC ADDITIVES MARKET SIZE, BY REGION,
2016–2019 (USD MILLION) 106
TABLE 28 FLAME RETARDANTS: PLASTIC ADDITIVES MARKET SIZE, BY REGION,
2020–2026 (USD MILLION) 106
7.4.2 HALOGENATED FLAME RETARDANTS 106
7.4.2.1 Brominated flame retardants 106
7.4.2.2 Chlorinated flame retardants 107
7.4.3 HALOGEN-FREE FLAME RETARDANTS 107
7.4.3.1 Phosphorus 107
7.4.3.2 Aluminum trihydroxide (ATH) 107
7.4.3.3 Nitrogen 107
7.5 IMPACT MODIFIERS 107
7.5.1 GROWING DEMAND FROM AUTOMOTIVE INDUSTRY TO DRIVE THE MARKET 107
TABLE 29 IMPACT MODIFIERS: PLASTIC ADDITIVES MARKET SIZE, BY REGION,
2016–2019 (KILOTON) 108
TABLE 30 IMPACT MODIFIERS: PLASTIC ADDITIVES MARKET SIZE, BY REGION,
2020–2026 (KILOTON) 108
TABLE 31 IMPACT MODIFIERS: PLASTIC ADDITIVES MARKET SIZE, BY REGION,
2016–2019 (USD MILLION) 109
TABLE 32 IMPACT MODIFIERS: PLASTIC ADDITIVES MARKET SIZE, BY REGION,
2020–2026 (USD MILLION) 109
7.6 BLOWING AGENTS 109
7.6.1 GLOBAL SHIFT TOWARDS ELECTRIC VEHICLES TO INCREASE THE DEMAND 109
TABLE 33 BLOWING AGENTS: PLASTIC ADDITIVES MARKET SIZE, BY REGION,
2016–2019 (KILOTON) 110
TABLE 34 BLOWING AGENTS: PLASTIC ADDITIVES MARKET SIZE, BY REGION,
2020–2026 (KILOTON) 110
TABLE 35 BLOWING AGENTS: PLASTIC ADDITIVES MARKET SIZE, BY REGION,
2016–2019 (USD MILLION) 110
TABLE 36 BLOWING AGENTS: PLASTIC ADDITIVES MARKET SIZE, BY REGION,
2020–2026 (USD MILLION) 111
7.7 NUCLEATING AGENTS 111
7.7.1 HIGH DEMAND FROM CONSUMER GOODS APPLICATION TO DRIVE
THE MARKET 111
TABLE 37 NUCLEATING AGENTS: PLASTIC ADDITIVES MARKET SIZE, BY REGION,
2016–2019 (KILOTON) 111
TABLE 38 NUCLEATING AGENTS: PLASTIC ADDITIVES MARKET SIZE, BY REGION,
2020–2026 (KILOTON) 112
TABLE 39 NUCLEATING AGENTS: PLASTIC ADDITIVES MARKET SIZE, BY REGION,
2016–2019 (USD MILLION) 112
TABLE 40 NUCLEATING AGENTS: PLASTIC ADDITIVES MARKET SIZE, BY REGION,
2020–2026 (USD MILLION) 112
7.8 OTHERS 113
7.8.1 PHARMACEUTICAL AND MEDICAL INDUSTRY TO DRIVE THE MARKET 113
TABLE 41 OTHERS: PLASTIC ADDITIVES MARKET SIZE, BY REGION,
2016–2019 (KILOTON) 113
TABLE 42 OTHERS: PLASTIC ADDITIVES MARKET SIZE, BY REGION,
2020–2026 (KILOTON) 113
TABLE 43 OTHERS: PLASTIC ADDITIVES MARKET SIZE, BY REGION,
2016–2019 (USD MILLION) 113
TABLE 44 OTHERS: PLASTIC ADDITIVES MARKET SIZE, BY REGION,
2020–2026 (USD MILLION) 114
7.8.2 ANTIMICROBIAL 114
7.8.3 ANTISTATIC AGENTS 114
7.8.4 FILLERS 114
8 PLASTIC ADDITIVES MARKET, BY PLASTIC TYPE 115
8.1 INTRODUCTION 116
FIGURE 36 COMMODITY PLASTIC TO BE LARGEST SEGMENT OF PLASTIC ADDITIVES MARKET DURING THE FORECAST PERIOD 116
TABLE 45 PLASTIC ADDITIVES MARKET SIZE, BY PLASTIC TYPE, 2016–2019 (KILOTON) 116
TABLE 46 PLASTIC ADDITIVES MARKET SIZE, BY PLASTIC TYPE, 2020–2026 (KILOTON) 117
TABLE 47 PLASTIC ADDITIVES MARKET SIZE, BY PLASTIC TYPE,
2016–2019 (USD MILLION) 117
TABLE 48 PLASTIC ADDITIVES MARKET SIZE, BY PLASTIC TYPE,
2020–2026 (USD MILLION) 117
8.2 COMMODITY PLASTICS 118
8.2.1 HIGH DEMAND FOR CONSUMER GOODS IN DEVELOPING COUNTRIES
TO DRIVE THE MARKET 118
TABLE 49 PLASTIC ADDITIVES MARKET SIZE FOR COMMODITY PLASTICS, BY REGION, 2016–2019 (KILOTON) 118
TABLE 50 PLASTIC ADDITIVES MARKET SIZE FOR COMMODITY PLASTICS, BY REGION, 2020–2026 (KILOTON) 118
TABLE 51 PLASTIC ADDITIVES MARKET SIZE FOR COMMODITY PLASTICS, BY REGION, 2016–2019 (USD MILLION) 119
TABLE 52 PLASTIC ADDITIVES MARKET SIZE FOR COMMODITY PLASTICS, BY REGION, 2020–2026 (USD MILLION) 119
8.2.2 POLYETHYLENE (PE) 119
8.2.3 POLYPROPYLENE (PP) 120
8.2.4 POLYSTYRENE (PS) 120
8.2.5 POLYPHENYLENE ETHERS (PPE) 120
8.3 ENGINEERING PLASTIC 120
8.3.1 GROWING AUTOMOTIVE SECTOR ACROSS THE GLOBE TO INCREASE
THE USE OF PLASTIC ADDITIVES 120
TABLE 53 PLASTIC ADDITIVES MARKET SIZE FOR ENGINEERING PLASTICS, BY REGION, 2016–2019 (KILOTON) 121
TABLE 54 PLASTIC ADDITIVES MARKET SIZE FOR ENGINEERING PLASTICS, BY REGION, 2020–2026 (KILOTON) 121
TABLE 55 PLASTIC ADDITIVES MARKET SIZE FOR ENGINEERING PLASTICS, BY REGION, 2016–2019 (USD MILLION) 121
TABLE 56 PLASTIC ADDITIVES MARKET SIZE FOR ENGINEERING PLASTICS, BY REGION, 2020–2026 (USD MILLION) 122
8.3.2 POLYAMIDES (PA) 122
8.3.3 THERMOPLASTIC POLYESTERS 122
8.3.4 POLYCARBONATE (PC) 122
8.3.5 ACRYLONITRILE BUTADIENE STYRENE (ABS) 123
8.3.6 POLYACETAL 123
8.3.7 OTHERS 123
8.4 HIGH-PERFORMANCE PLASTICS 123
8.4.1 STRINGENT REGULATIONS IN DEVELOPED REGIONS FOR LIGHTWEIGHT VEHICLES TO DRIVE THE MARKET 123
TABLE 57 PLASTIC ADDITIVES MARKET SIZE FOR HIGH-PERFORMANCE PLASTICS,
BY REGION, 2016–2019 (KILOTON) 124
TABLE 58 PLASTIC ADDITIVES MARKET SIZE FOR HIGH-PERFORMANCE PLASTICS,
BY REGION, 2020–2026 (KILOTON) 124
TABLE 59 PLASTIC ADDITIVES MARKET SIZE FOR HIGH-PERFORMANCE PLASTICS,
BY REGION, 2016–2019 (USD MILLION) 125
TABLE 60 PLASTIC ADDITIVES MARKET SIZE FOR HIGH-PERFORMANCE PLASTICS,
BY REGION, 2020–2026 (USD MILLION) 125
8.4.2 HIGH PERFORMANCE POLYAMIDES (HPPA) 125
8.4.3 POLYPHENYLENE SULFIDE (PPS) 126
8.4.4 LIQUID CRYSTAL POLYMERS (LCP) 126
8.4.5 POLYIMIDE (PI) 126
9 PLASTIC ADDITIVES MARKET, BY APPLICATION 127
9.1 INTRODUCTION 128
FIGURE 37 PACKAGING TO BE LARGEST APPLICATION FOR PLASTIC ADDITIVES
DURING THE FORECAST PERIOD 128
TABLE 61 PLASTIC ADDITIVES MARKET SIZE, BY APPLICATION, 2016–2019 (KILOTON) 128
TABLE 62 PLASTIC ADDITIVES MARKET SIZE, BY APPLICATION, 2020–2026 (KILOTON) 129
TABLE 63 PLASTIC ADDITIVES MARKET SIZE, BY APPLICATION,
2016–2019 (USD MILLION) 129
TABLE 64 PLASTIC ADDITIVES MARKET SIZE, BY APPLICATION,
2020–2026 (USD MILLION) 130
9.2 PACKAGING 130
9.2.1 GROWING POPULATION IN DEVELOPING ECONOMIES TO DRIVE
THE DEMAND IN PACKAGING APPLICATION 130
9.2.2 FILM WRAPS 130
9.2.3 PLASTIC BAGS 130
9.2.4 INDUSTRIAL & HOUSEHOLD CHEMICAL CONTAINERS 130
TABLE 65 PLASTIC ADDITIVES MARKET SIZE IN PACKAGING APPLICATION, BY REGION, 2016–2019 (KILOTON) 131
TABLE 66 PLASTIC ADDITIVES MARKET SIZE IN PACKAGING APPLICATION, BY REGION, 2020–2026 (KILOTON) 131
TABLE 67 PLASTIC ADDITIVES MARKET SIZE IN PACKAGING APPLICATION, BY REGION, 2016–2019 (USD MILLION) 131
TABLE 68 PLASTIC ADDITIVES MARKET SIZE IN PACKAGING APPLICATION, BY REGION, 2020–2026 (USD MILLION) 132
9.3 CONSUMER GOODS 132
9.3.1 HIGH DEMAND FROM PERSONAL CARE AND COSMETIC INDUSTRY
TO INCREASE THE DEMAND 132
9.3.2 ELECTRONICS AND ELECTRONIC COMPONENTS 132
9.3.3 FOOD STORAGE CONTAINERS 132
9.3.4 PERSONAL CARE PRODUCTS 133
TABLE 69 PLASTIC ADDITIVES MARKET SIZE IN CONSUMER GOODS APPLICATION,
BY REGION, 2016–2019 (KILOTON) 133
TABLE 70 PLASTIC ADDITIVES MARKET SIZE IN CONSUMER GOODS APPLICATION,
BY REGION, 2020–2026 (KILOTON) 133
TABLE 71 PLASTIC ADDITIVES MARKET SIZE IN CONSUMER GOODS APPLICATION,
BY REGION, 2016–2019 (USD MILLION) 134
TABLE 72 PLASTIC ADDITIVES MARKET SIZE IN CONSUMER GOODS APPLICATION,
BY REGION, 2020–2026 (USD MILLION) 134
9.4 CONSTRUCTION 134
9.4.1 IMPACT OF COVID-19 PANDEMIC TO SLOWER THE DEMAND DURING FORECAST PERIOD 134
9.4.2 DOORS 134
9.4.3 ROOFING 135
9.4.4 FLOORING 135
9.4.5 PIPING 135
TABLE 73 PLASTIC ADDITIVES MARKET SIZE IN CONSTRUCTION APPLICATION,
BY REGION, 2016–2019 (KILOTON) 135
TABLE 74 PLASTIC ADDITIVES MARKET SIZE IN CONSTRUCTION APPLICATION,
BY REGION, 2020–2026 (KILOTON) 135
TABLE 75 PLASTIC ADDITIVES MARKET SIZE IN CONSTRUCTION APPLICATION,
BY REGION, 2016–2019 (USD MILLION) 136
TABLE 76 PLASTIC ADDITIVES MARKET SIZE IN CONSTRUCTION APPLICATION,
BY REGION, 2020–2026 (USD MILLION) 136
9.5 AUTOMOTIVE 137
9.5.1 INCREASED USE OF PLASTIC MOLDED PARTS TO DRIVE GROWTH
OF THE MARKET 137
9.5.2 AIR DAMS 137
9.5.3 CAR BUMPERS 137
9.5.4 ROCKER PANELS 137
9.5.5 CONSOLES 137
TABLE 77 PLASTIC ADDITIVES MARKET SIZE IN AUTOMOTIVE APPLICATION, BY REGION, 2016–2019 (KILOTON) 138
TABLE 78 PLASTIC ADDITIVES MARKET SIZE IN AUTOMOTIVE APPLICATION, BY REGION, 2020–2026 (KILOTON) 138
TABLE 79 PLASTIC ADDITIVES MARKET SIZE IN AUTOMOTIVE APPLICATION, BY REGION, 2016–2019 (USD MILLION) 139
TABLE 80 PLASTIC ADDITIVES MARKET SIZE IN AUTOMOTIVE APPLICATION, BY REGION, 2020–2026 (USD MILLION) 139
9.6 OTHERS 139
9.6.1 HIGH DEMAND FROM PHARMACEUTICAL AND MEDICAL SECTOR TO INCREASE THE DEMAND 139
9.6.2 PHARMACEUTICAL AND MEDICAL 140
9.6.3 SPORTS EQUIPMENT 140
TABLE 81 PLASTIC ADDITIVES MARKET SIZE IN OTHER APPLICATIONS, BY REGION, 2016–2019 (KILOTON) 140
TABLE 82 PLASTIC ADDITIVES MARKET SIZE IN OTHER APPLICATIONS, BY REGION, 2020–2026 (KILOTON) 140
TABLE 83 PLASTIC ADDITIVES MARKET SIZE IN OTHER APPLICATIONS, BY REGION, 2016–2019 (USD MILLION) 141
TABLE 84 PLASTIC ADDITIVES MARKET SIZE IN OTHER APPLICATIONS, BY REGION, 2020–2026 (USD MILLION) 141
10 PLASTIC ADDITIVES MARKET, BY REGION 142
10.1 INTRODUCTION 143
FIGURE 38 APAC TO DOMINATE THE PLASTIC ADDITIVES MARKET DURING
THE FORECAST PERIOD 143
TABLE 85 PLASTIC ADDITIVES MARKET SIZE, BY REGION, 2016–2019 (KILOTON) 143
TABLE 86 PLASTIC ADDITIVES MARKET SIZE, BY REGION, 2020–2026 (KILOTON) 144
TABLE 87 PLASTIC ADDITIVES MARKET SIZE, BY REGION, 2016–2019 (USD MILLION) 144
TABLE 88 PLASTIC ADDITIVES MARKET SIZE, BY REGION, 2020–2026 (USD MILLION) 144
10.2 APAC 145
FIGURE 39 APAC PLASTIC ADDITIVES MARKET SNAPSHOT 145
FIGURE 40 CHINA TO BE LARGEST MARKET FOR PLASTIC ADDITIVES IN APAC 146
TABLE 89 APAC: PLASTIC ADDITIVES MARKET SIZE, BY COUNTRY,
2016–2019 (KILOTON) 146
TABLE 90 APAC: PLASTIC ADDITIVES MARKET SIZE, BY COUNTRY,
2020–2026 (KILOTON) 146
TABLE 91 APAC: PLASTIC ADDITIVES MARKET SIZE, BY COUNTRY,
2016–2019 (USD MILLION) 147
TABLE 92 APAC: PLASTIC ADDITIVES MARKET SIZE, BY COUNTRY,
2020–2026 (USD MILLION) 147
TABLE 93 APAC: PLASTIC ADDITIVES MARKET SIZE, BY APPLICATION,
2016–2019 (KILOTON) 148
TABLE 94 APAC: PLASTIC ADDITIVES MARKET SIZE, BY APPLICATION,
2020–2026 (KILOTON) 148
TABLE 95 APAC: PLASTIC ADDITIVES MARKET SIZE, BY APPLICATION,
2016–2019 (USD MILLION) 148
TABLE 96 APAC: PLASTIC ADDITIVES MARKET SIZE, BY APPLICATION,
2020–2026 (USD MILLION) 149
TABLE 97 APAC: PLASTIC ADDITIVES MARKET SIZE, BY PLASTIC TYPE,
2016–2019 (KILOTON) 149
TABLE 98 APAC: PLASTIC ADDITIVES MARKET SIZE, BY PLASTIC TYPE,
2020–2026 (KILOTON) 149
TABLE 99 APAC: PLASTIC ADDITIVES MARKET SIZE, BY PLASTIC TYPE,
2016–2019 (USD MILLION) 150
TABLE 100 APAC: PLASTIC ADDITIVES MARKET SIZE, BY PLASTIC TYPE,
2020–2026 (USD MILLION) 150
TABLE 101 APAC: PLASTIC ADDITIVES MARKET SIZE, BY TYPE, 2016–2019 (KILOTON) 150
TABLE 102 APAC: PLASTIC ADDITIVES MARKET SIZE, BY TYPE, 2020–2026 (KILOTON) 151
TABLE 103 APAC: PLASTIC ADDITIVES MARKET SIZE, BY TYPE,
2016–2019 (USD MILLION) 151
TABLE 104 APAC: PLASTIC ADDITIVES MARKET SIZE, BY TYPE,
2020–2026 (USD MILLION) 152
10.2.1 CHINA 152
10.2.1.1 Demand for innovative and resilient plastic to drive the market 152
TABLE 105 CHINA: PLASTIC ADDITIVES MARKET SIZE, BY APPLICATION,
2016–2019 (KILOTON) 153
TABLE 106 CHINA: PLASTIC ADDITIVES MARKET SIZE, BY APPLICATION,
2020–2026 (KILOTON) 153
TABLE 107 CHINA: PLASTIC ADDITIVES MARKET SIZE, BY APPLICATION,
2016–2019 (USD MILLION) 153
TABLE 108 CHINA: PLASTIC ADDITIVES MARKET SIZE, BY APPLICATION,
2020–2026 (USD MILLION) 154
10.2.2 JAPAN 154
10.2.2.1 High demand for premium packaging solutions to drive the market 154
TABLE 109 JAPAN: PLASTIC ADDITIVES MARKET SIZE, BY APPLICATION,
2016–2019 (KILOTON) 154
TABLE 110 JAPAN: PLASTIC ADDITIVES MARKET SIZE, BY APPLICATION,
2020–2026 (KILOTON) 155
TABLE 111 JAPAN: PLASTIC ADDITIVES MARKET SIZE, BY APPLICATION,
2016–2019 (USD MILLION) 155
TABLE 112 JAPAN: PLASTIC ADDITIVES MARKET SIZE, BY APPLICATION,
2020–2026 (USD MILLION) 155
10.2.3 INDIA 156
10.2.3.1 Favorable government policies to fuel demand for plastic additives 156
TABLE 113 INDIA: PLASTIC ADDITIVES MARKET SIZE, BY APPLICATION,
2016–2019 (KILOTON) 156
TABLE 114 INDIA: PLASTIC ADDITIVES MARKET SIZE, BY APPLICATION,
2020–2026 (KILOTON) 156
TABLE 115 INDIA: PLASTIC ADDITIVES MARKET SIZE, BY APPLICATION,
2016–2019 (USD MILLION) 157
TABLE 116 INDIA: PLASTIC ADDITIVES MARKET SIZE, BY APPLICATION,
2020–2026 (USD MILLION) 157
10.2.4 SOUTH KOREA 157
10.2.4.1 High demand from cosmetic sector to increase the demand
during the forecast period 157
TABLE 117 SOUTH KOREA: PLASTIC ADDITIVES MARKET SIZE, BY APPLICATION,
2016–2019 (KILOTON) 158
TABLE 118 SOUTH KOREA: PLASTIC ADDITIVES MARKET SIZE, BY APPLICATION,
2020–2026 (KILOTON) 158
TABLE 119 SOUTH KOREA: PLASTIC ADDITIVES MARKET SIZE, BY APPLICATION,
2016–2019 (USD MILLION) 159
TABLE 120 SOUTH KOREA: PLASTIC ADDITIVES MARKET SIZE, BY APPLICATION,
2020–2026 (USD MILLION) 159
10.2.5 AUSTRALIA & NEW ZEALAND 159
10.2.5.1 Government investments in various end-use sectors to
drive the market 159
TABLE 121 AUSTRALIA & NEW ZEALAND: PLASTIC ADDITIVES MARKET SIZE,
BY APPLICATION, 2016–2019 (KILOTON) 160
TABLE 122 AUSTRALIA & NEW ZEALAND: PLASTIC ADDITIVES MARKET SIZE,
BY APPLICATION, 2020–2026 (KILOTON) 160
TABLE 123 AUSTRALIA & NEW ZEALAND: PLASTIC ADDITIVES MARKET SIZE,
BY APPLICATION, 2016–2019 (USD MILLION) 160
TABLE 124 AUSTRALIA & NEW ZEALAND: PLASTIC ADDITIVES MARKET SIZE,
BY APPLICATION, 2020–2026 (USD MILLION) 161
10.3 EUROPE 161
FIGURE 41 EUROPE PLASTIC ADDITIVES MARKET: SNAPSHOT 162
FIGURE 42 GERMANY PROJECTED TO DOMINATE EUROPEAN PLASTIC ADDITIVES MARKET DURING THE FORECAST PERIOD 162
TABLE 125 EUROPE: PLASTIC ADDITIVES MARKET SIZE, BY COUNTRY,
2016–2019 (KILOTON) 163
TABLE 126 EUROPE: PLASTIC ADDITIVES MARKET SIZE, BY COUNTRY,
2020–2026 (KILOTON) 163
TABLE 127 EUROPE: PLASTIC ADDITIVES MARKET SIZE, BY COUNTRY,
2016–2019 (USD MILLION) 163
TABLE 128 EUROPE: PLASTIC ADDITIVES MARKET SIZE, BY COUNTRY,
2020–2026 (USD MILLION) 164
TABLE 129 EUROPE: PLASTIC ADDITIVES MARKET SIZE, BY APPLICATION,
2016–2019 (KILOTON) 164
TABLE 130 EUROPE: PLASTIC ADDITIVES MARKET SIZE, BY APPLICATION,
2020–2026 (KILOTON) 164
TABLE 131 EUROPE: PLASTIC ADDITIVES MARKET SIZE, BY APPLICATION,
2016–2019 (USD MILLION) 165
TABLE 132 EUROPE: PLASTIC ADDITIVES MARKET SIZE, BY APPLICATION,
2020–2026 (USD MILLION) 165
TABLE 133 EUROPE: PLASTIC ADDITIVES MARKET SIZE, BY PLASTIC TYPE,
2016–2019 (KILOTON) 165
TABLE 134 EUROPE: PLASTIC ADDITIVES MARKET SIZE, BY PLASTIC TYPE,
2020–2026 (KILOTON) 166
TABLE 135 EUROPE: PLASTIC ADDITIVES MARKET SIZE, BY PLASTIC TYPE,
2016–2019 (USD MILLION) 166
TABLE 136 EUROPE: PLASTIC ADDITIVES MARKET SIZE, BY PLASTIC TYPE,
2020–2026 (USD MILLION) 166
TABLE 137 EUROPE: PLASTIC ADDITIVES MARKET SIZE, BY TYPE, 2016–2019 (KILOTON) 167
TABLE 138 EUROPE: PLASTIC ADDITIVES MARKET SIZE, BY TYPE, 2020–2026 (KILOTON) 167
TABLE 139 EUROPE: PLASTIC ADDITIVES MARKET SIZE, BY TYPE,
2016–2019 (USD MILLION) 168
TABLE 140 EUROPE: PLASTIC ADDITIVES MARKET SIZE, BY TYPE,
2020–2026 (USD MILLION) 168
10.3.1 GERMANY 169
10.3.1.1 Presence of developed automotive sector to propel the market 169
TABLE 141 GERMANY: PLASTIC ADDITIVES MARKET SIZE, BY APPLICATION,
2016–2019 (KILOTON) 169
TABLE 142 GERMANY: PLASTIC ADDITIVES MARKET SIZE, BY APPLICATION,
2020–2026 (KILOTON) 169
TABLE 143 GERMANY: PLASTIC ADDITIVES MARKET SIZE, BY APPLICATION,
2016–2019 (USD MILLION) 170
TABLE 144 GERMANY: PLASTIC ADDITIVES MARKET SIZE, BY APPLICATION,
2020–2026 (USD MILLION) 170
10.3.2 ITALY 170
10.3.2.1 High consumption of packaged food and aerated drinks creating demand for packaging 170
TABLE 145 ITALY: PLASTIC ADDITIVES MARKET SIZE, BY APPLICATION,
2016–2019 (KILOTON) 171
TABLE 146 ITALY: PLASTIC ADDITIVES MARKET SIZE, BY APPLICATION,
2020–2026 (KILOTON) 171
TABLE 147 ITALY: PLASTIC ADDITIVES MARKET SIZE, BY APPLICATION,
2016–2019 (USD MILLION) 171
TABLE 148 ITALY: PLASTIC ADDITIVES MARKET SIZE, BY APPLICATION,
2020–2026 (USD MILLION) 172
10.3.3 FRANCE 172
10.3.3.1 Demand for lightweight and electric vehicles to drive the market 172
TABLE 149 FRANCE: PLASTIC ADDITIVES MARKET SIZE, BY APPLICATION,
2016–2019 (KILOTON) 172
TABLE 150 FRANCE: PLASTIC ADDITIVES MARKET SIZE, BY APPLICATION,
2020–2026 (KILOTON) 173
TABLE 151 FRANCE: PLASTIC ADDITIVES MARKET SIZE, BY APPLICATION,
2016–2019 (USD MILLION) 173
TABLE 152 FRANCE: PLASTIC ADDITIVES MARKET SIZE, BY APPLICATION,
2020–2026 (USD MILLION) 173
10.3.4 UK 174
10.3.4.1 Regulations related to food handling, rising environmental concerns, and growing population to propel the market 174
TABLE 153 UK: PLASTIC ADDITIVES MARKET SIZE, BY APPLICATION,
2016–2019 (KILOTON) 174
TABLE 154 UK: PLASTIC ADDITIVES MARKET SIZE, BY APPLICATION,
2020–2026 (KILOTON) 174
TABLE 155 UK: PLASTIC ADDITIVES MARKET SIZE, BY APPLICATION,
2016–2019 (USD MILLION) 175
TABLE 156 UK: PLASTIC ADDITIVES MARKET SIZE, BY APPLICATION,
2020–2026 (USD MILLION) 175
10.3.5 SPAIN 175
10.3.5.1 Increase demand for advanced plastic products responsible
for driving the market 175
TABLE 157 SPAIN: PLASTIC ADDITIVES MARK