Plastic Additives Market Is Expected To Reach USD 47.8 Billion Globally in 2016: Transparency Market Research

ALBANY, New York, June 28, 2012 /PRNewswire/ –

According to a new market report published by Transparency Market Research
(http://www.transparencymarketresearch.com) “Plastic AdditivesMarket: Global Industry
Analysis, Size, Share & Forecast (2011 – 2016)
[http://www.transparencymarketresearch.com/plastic-additives-market.html ]“, global plastic
additives market revenue reached USD 39.7 billion in 2011 and is expected to reach USD
47.8 billion by 2016, growing at a CAGR of 3.8% from 2011 to 2016. By 2016, Flame
Retardants is expected to be the second largest segment generating revenue after
Plasticizers.

Browse the database at

http://www.transparencymarketresearch.com/plastic-additives-market.html

Plastic additive is a diversified industry with various types of additives such as
property modifiers, property extenders, property stabilizers and processing aids and is
set to demonstrate a high growth rate over the next few years. Major end use markets
served by the industry include commercial construction, automotive, consumer appliances
industry and general manufacturing industries. The plastic additive industry being energy
and capital intensive, oil and gas are considered as major raw material suppliers for the
industry.

The global plastic additives market
[http://www.transparencymarketresearch.com/plastic-additives-market.html ] continues to
grow and discover new growth opportunities mainly due to increase in end use markets such
as commercial construction, automotive, consumer appliances industry and general
manufacturing industries. Initial high implementation cost remains the major concern;
however the high ROI (return on investment) is expected to overcome this concern and drive
the growth of the plastic additive market. The other factors driving the market include
rise in plastic consumption, recovering economy, and compliance with environment.

Among all the geographical regions, Asia Pacific is leading globally both in terms of
production and consumption of plastic additives due to increase in end use market such as
automobile industry and construction industry. Moreover, the automobile industry in China
and India is expected to grow at over 8% and 14% respectively. The demand from mature
markets such as U.S. and Europe is also expected to increase due to recovery from a
sluggish economy.

The opportunities in plastic additives market are huge as many market players are
continuously investing and focusing on new product development. BASF remains the biggest
manufacturer of plastic additives; other manufacturers include Chemtura Corporation, Exxon
Mobil Corporation Bayer AG, Chemtura, Kaneka and many more.

This report helps to identify factors, which will be the driving force behind the
plastic additives market and sub-markets in the next five years. The report provides
extensive analysis of the plastic additives industry, current market trends, industry
drivers and challenges for better understanding of the plastic additives market structure.
The report has segregated the plastic additives industry in terms of its function, product
types and geography.

Major Segments Analyzed

By function

– Property Modifiers

– Property Extenders

– Property Stabilizers

– Processing Aids

By product type

– Plasticizers

– Flame Retardants

– Impact Modifiers

– Antioxidants

– Antimicrobials

– UV Stabilizers

By geographies

– North America

– Europe

– Asia Pacific

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