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Performance Additives Market worth 110.35 Billion USD by 2021


(, October 26, 2019 ) The report "Performance Additives Market by Type (Plastic Additives, Paint & Coatings Additives, Pigment Additives, Ink Additives), End-Use Industry (Packaging, Household Goods, Automotive, Industrial, Construction), and Region - Global Forecast to 2021", The performance additives market is projected to grow from an estimated USD 75.01 Billion in 2016 to USD 110.35 Billion by 2021, at a CAGR of 8.0%. The market is driven by the growing demand for performance additives in the packaging and household goods industries, as these additives enhance the processability, performance, and appearance of the final product.

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Plastic Additives: The largest type segment of the performance additives market

By type, the performance additives market is segmented into plastic additives, paint & coatings additives, pigment additives, ink additives, and rubber additives. Among these, the plastic additives segment is estimated to account for the largest market share. Plastic additives are materials that are added during the manufacturing to enhance the processability, performance, and appearance of the polymer. Plastic additives have found widespread applications in the building & construction, packaging, automotive, household goods, electronics, and other industries, such as healthcare, consumer goods, and telecommunication.

Packaging: The largest end-use industry segment of the performance additives market

Performance additives are used in various end-use industries, such as packaging, household goods, automotive, industrial, construction, and wood & furniture. The packaging end-use industry segment accounted for the largest market share in 2015, in terms of value and volume. This segment is also projected to grow at the highest CAGR from 2016 to 2021, in terms of value, among all the industries considered.

Don't miss out on business opportunities in Performance Additives Market. Speak to Our Analyst and gain crucial industry insights that will help your business grow.

Browse in-depth TOC on "Performance Additives Market”
76 - Market Data Tables
26 - Figures
169 - Pages

Asia-Pacific: The fastest growing market for performance additives

The Asia-Pacific region is the fastest-growing market for performance additives. Factors driving the performance additives market in this region are:

• Growing demand from end-use industries, such as automotive, packaging, household goods construction, and industrial, in major countries of the region, such as China and India
• Increasing investments in the region’s packaging and construction industries
Key players in the performance additives market include BASF SE (Germany), AkzoNobel N.V. (Netherlands), Solvay S.A. (Belgium), Evonik Industries AG (Germany), Altana AG (Germany), Clariant (Switzerland), The Dow Chemical Company (U.S.), Lanxess (Germany), Arkema SA (France), and Huntsman International LLC (U.S.).

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About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.


Mr. Shelly Singh


Source: EmailWire.Com

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