#PlasticAdditives

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Why Transparent Products PVC Stabilizer Is a Must-Have for High-Performance Outdoor Applications?

When it comes to producing crystal-clear and durable PVC products for outdoor use, choosing the right stabilizer can make all the difference. One of the most reliable solutions on the market today is the Transparent Products PVC Stabilizer, designed specifically to meet the growing demands for thermal stability, clarity, and long-term weather resistance.

What Is Transparent Products PVC Stabilizer? The Transparent Products PVC Stabilizer is a specialized additive used in the formulation of clear PVC materials. Whether you're manufacturing transparent pipes, sheets, films, or outdoor signage, this stabilizer ensures your final product maintains excellent transparency, color stability, and resistance to environmental stress.

Key Features That Set It Apart Here’s why the Transparent Products PVC Stabilizer is gaining popularity among manufacturers and engineers:

Excellent Initial Coloring: It offers a clean, neutral base that enhances the appearance of transparent PVC products from the first application.

Long-Term Thermal Stability: Designed for outdoor and high-temperature conditions, this stabilizer maintains integrity under prolonged heat exposure.

Superior Color Retention: Even after extended UV exposure, products stabilized with Transparent Products PVC Stabilizer resist yellowing and discoloration.

Reasonable Self-Slip: This feature contributes to smooth processing and extrusion, reducing the need for external lubricants.

Light Precipitation: With minimal precipitation, it helps maintain surface quality and transparency.

Strong Resistance to Sulfur Pollution: Ideal for environments exposed to industrial gases or high-pollution areas.

Synergistic Effects with Phosphorates and Epoxy Compounds: When used with phosphorates or epoxy compounds, the stabilizer delivers an even higher level of performance and durability.

These applications demand not only clarity but also resistance to thermal stress and environmental aging — qualities where Transparent Products PVC Stabilizer excels.

Have you tried Transparent Products PVC Stabilizer in your production process? Share your experience or ask us more in the comments!

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Biodegradable Plastic Additives Industry: Shaping a Greener Tomorrow

The global war on plastic waste has sparked a major shift in how we think about packaging, consumer goods, and materials at large. With rising environmental concerns and stricter regulatory mandates, industries are pivoting to solutions that leave a lighter footprint. That’s where the Biodegradable Plastic Additives Industry steps in—offering a realistic and scalable route toward sustainability.

These additives are quietly changing the way we use plastics. They’re not a complete replacement, but they bridge the gap between performance and eco-responsibility, helping conventional plastics degrade faster and more efficiently under appropriate conditions. Let’s break down what’s driving this industry, where it’s headed, and why it matters for businesses and the planet.

What Are Biodegradable Plastic Additives?

Biodegradable plastic additives are compounds blended with traditional polymers like polyethylene (PE), polypropylene (PP), or polystyrene (PS) to accelerate the degradation process. They allow plastics to break down more quickly when exposed to natural elements like heat, oxygen, moisture, or microorganisms—transforming long-lasting waste into carbon dioxide, water, and biomass.

These additives don’t compromise product performance. They retain the strength, clarity, and flexibility required in everything from food packaging to agricultural films—making them a valuable upgrade in sectors that depend on plastics but are under pressure to go green.

Market Drivers: Why Demand Is Surging

The global biodegradable plastic additives market was valued at USD 1.49 billion in 2024 and is projected to reach USD 2.20 billion by 2029, growing at 8.1% cagr from 2024 to 2029.

1. Environmental Regulations Are Getting Tougher

Governments worldwide are cracking down on single-use plastics. Europe’s Single-Use Plastics Directive, India’s ban on plastic carry bags, and various state-level mandates in the U.S. are driving companies to seek alternatives. Biodegradable additives help businesses stay compliant without a complete overhaul of materials.

2. Consumer Pressure for Sustainable Packaging

From coffee cups to e-commerce packaging, customers today are scrutinizing what their products are made of. Brands that offer biodegradable or eco-friendly alternatives have a competitive edge—especially in retail, food & beverage, and personal care industries.

3. Corporate Sustainability Goals

Companies are under pressure from investors, shareholders, and watchdogs to demonstrate climate-conscious operations. Incorporating biodegradable additives into plastic production is a low-barrier strategy to move closer to sustainability targets.

4. Innovation in Additive Technology

Early additives had limitations, but the new generation is smarter and more effective. Manufacturers now offer additives that work in various environments—landfills, industrial composting units, and even marine conditions—broadening the range of viable applications.

Key Application Areas

– Packaging Industry

Single-use plastic packaging continues to be a major contributor to plastic waste. Biodegradable additives help mitigate the impact of food wrappers, shopping bags, and shrink films without sacrificing durability or appearance.

– Agriculture

In agriculture, mulch films, greenhouse covers, and irrigation components often use plastic. Biodegradable additives enable these materials to break down after their lifecycle, reducing plastic buildup in soil.

– Consumer Goods

Cutlery, plates, containers, and straws are increasingly incorporating biodegradable plastic additives to reduce their long-term environmental impact.

– Textile and Medical

Nonwoven fabrics, medical packaging, and hygiene products are beginning to use biodegradable solutions to minimize post-use waste.

Challenges Facing the Industry

While the biodegradable plastic additives market is booming, it’s not without hurdles:

Lack of Universal Standards: There’s still confusion around what qualifies as biodegradable. Regulatory inconsistencies make it tough for companies to scale globally.

End-of-Life Infrastructure: Most biodegradable additives require specific environments (like industrial composters) to fully break down. Without the right disposal systems, they may not reach full effectiveness.

Cost Factors: Biodegradable additives can be more expensive than traditional plastic solutions, which may deter smaller companies or price-sensitive industries.

Key Players and Innovation

Companies like BioSphere Plastic, Willow Ridge Plastics, TDPA by EPI, and Mango Materials are leading the charge. Many are developing additives that work with a wide range of polymers and are designed for custom degradation timelines, ensuring maximum flexibility for clients.

Regional Insights

North America is seeing strong demand, especially in food service, packaging, and agriculture. State-driven policies and green consumers are pushing adoption.

Europe continues to lead in legislation, with high demand across industries thanks to robust environmental directives.

Asia-Pacific is the fastest-growing market, with China and India emerging as manufacturing hubs and simultaneously facing intense scrutiny over plastic waste.

Stay ahead with the latest trends – Download the PDF brochure.

Conclusion : 

The Biodegradable Plastic Additives Industry isn’t the silver bullet to solve plastic pollution—but it’s a practical and impactful step forward. These additives give existing materials a second chance—one that aligns better with circular economy goals, consumer values, and regulatory frameworks. For companies in packaging, agriculture, food service, or manufacturing, integrating biodegradable plastic additives is no longer a novelty—it’s becoming a necessity.

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Sustainable Masterbatch Solutions: The Shift Towards Eco-Friendly Additives

The global masterbatch market size is expected to reach USD 9.65 billion by 2030 to expand at a CAGR of 6.6% from 2025 to 2030 as per the new report by Grand View Research, Inc. Increasing replacement of metal with plastic is projected to fuel the market growth. In addition, rising demand from the European region is expected to propel the demand over the forecast period.

Masterbatch Market Report Highlights

The black type dominated the market with a revenue share of 28.6% in 2024. This growth can be attributed to the increasing demand for black masterbatch and the high demand for tires, PVC containers, and other products for application in the automotive and transportation, building and construction, agriculture, and packaging industries.

The polypropylene (PP) carrier polymer segment dominated the global masterbatch industry with the highest revenue share of 26.7% in 2024, primarily driven by the excellent mechanical strength and flexibility offered by polypropylene.

The packaging masterbatch segment dominated the market with a revenue share of 27.0% in 2024. Its high share can be attributable to the packaging industry, which includes retail, industrial, and consumer packaging and includes flexible and rigid options.

Asia Pacific masterbatch market dominated the global market and accounted for the largest revenue share of 30.6% in 2024. This growth can be attributed to the presence of several end-use industries, including automotive and transportation, packaging, building and construction, and consumer goods.

For More Details or Sample Copy please visit link @: Masterbatch Market Report

In terms of revenue, black masterbatch was the largest type segment in 2022 and the trend is anticipated to continue over the forecast period. The increasing need for improving the surface appearance of plastic components in automotive and transportation, building and construction, and consumer goods is expected to contribute to the growth. Additive masterbatch is being widely used on account of various properties it imparts to plastics such as antistatic, antifoaming, antioxidant, antimicrobial, thermo-stabilizer, barrier properties, metal deactivators, anti-block, flame retardant, UV stabilizer, oxygen scavenger, and abrasion resistance. The growth of the packaging sector, especially plastic packaging, is anticipated to drive the demand.

These are used in various end-use industries, such as packaging, building and construction, consumer goods, automotive and transportation, and agriculture, as it imparts useful functional properties such as smooth surface finish and desired hardness. The increasing spending capability of customers toward purchasing attractively packaged consumer goods is expected to trigger the need for various plastic componentss to improve the appearance and other properties. These factors together are anticipated to boost the market demand over the forecast period.

In terms of revenue, polypropylene (PP) was the largest carrier polymer segment in 2022 and the trend is anticipated to continue over the forecast period. Polypropylene offers excellent electrical resistance and does not present stress-cracking problems at high temperatures and strong chemicals. As such, it is useful in both rigid and flexible packaging applications. The demand for polypropylene as a carrier polymer is projected to increase owing to its excellent mechanical strength and flexibility offered by it. Polypropylene also enhances the quality of surfaces. It is lightweight and therefore, is used to replace metal components in the automotive industry.

List of Key Players of Masterbatch Market

Schulman, Inc.

Ampacet Corporation

Cabot Corporation

Clariant AG

Global Colors Group

Hubron International Ltd.

Penn Color, Inc.

Plastiblends India Ltd.

PolyOne Corporation

Tosaf Group

We have segmented the global masterbatch market on the basis of type, carrier polymer, end use, and region

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Automotive Plastics Market Opportunity Assessment, Market Challenges, and Key Players Landscape by 2030

The qualitative report published by Exactitude Consultancy research on the “Automotive Plastics Market offers an in-depth examination of the current trends, latest expansions, conditions, market size, various drivers, limitations, and key players along with their profile details. The Automotive Plastics market report offers the historical data for 2018 to 2023 and also makes available the forecast data from the year 2024 to 2030 which is based on revenue. With the help of all this information research report helps the Market contributors to expand their market positions. With the benefit of all these explanations, this market research report recommends a business strategy for present market participants to strengthen their role in the market. This report analyzes the impact of the Covid 19 pandemic on the Automotive Plastics Market from a Global and Regional perspective.

The global automotive plastics market is expected to grow at 7.9% CAGR from 2024 to 2030. It is expected to reach above USD 35.93 billion by 2030 from USD 18.12 billion in 2023.

Top Key Players are covered in the Automotive Plastics Market Report:

BASF SE, SABIC, LyondellBasell Industries Holdings BV, LG Chem, DuPont, Covestro AG, Evonik Industries AG, and Solvay, Arkema, Borealis AG.

For The Full Report Click here:

https://exactitudeconsultancy.com/reports/2103/automotive-plastics-market/

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Plastic Additives Market

The global Plastic Additives market size is estimated to be worth US$ 40910 million in 2023 and is forecast to a readjusted size of US$ 48290 million by 2030 with a CAGR of 2.8% during the forecast period 2023-2030.

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Bimetallic Screw Barrel

Application: all kinds of vertical and horizontal injection machines, extrusionmachines, injection machine, bakelite machine, rubber tube, blownfilm machine, etc.

Processing range: Dual alloy screw: diameter: Φ15mm -Φ360mm;Effective length: 10000mm Dual alloy material tube: inner diameter 14mm -Φ200mm;Effective length: 6000mmSkin membrane density: 98-99.8%Hardness: Hv1100-1400℃Sticky strength: more than 10000Psi Bimetallic barrel material: 38CrMoAlA、40Cr、42CrMo Bimetallic screw material: 38CrMoAlA、31CrMoV9(foreign)

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Field of application:suitable for LCP, PA + GF, PET + GF, PBT + GF, PC + GF all kinds of plasticadditives such as glass fiber, fire-proof agent, carbon powder and PPA, PPO,LCP, magnetic powder, special engineering plastics, such as PC.

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Revolutionizing Sustainability: Pioneering the Future with Biodegradable Plastic Additives

Environmental concerns are pushing individuals and businesses alike to rethink their reliance on traditional plastics. Among the various solutions, biodegradable plastic additives are emerging as a game-changer. These innovative compounds enhance the breakdown of plastic, offering a sustainable path forward. For health-conscious consumers, understanding the importance and impact of these additives is essential to making informed, eco-friendly choices.

Biodegradable Plastic Additives Market size was USD 1.49 billion in 2024 and is projected to reach USD 2.20 billion by 2029, at a CAGR of 8.1%, between 2024 and 2029.

The Growing Plastic Problem

Plastics like polyethylene, polypropylene, and polystyrene dominate our daily lives because of their durability and versatility. Unfortunately, this durability means these plastics can persist in the environment for centuries. Landfills overflow, marine ecosystems suffer, and harmful microplastics find their way into food chains. Furthermore, the production and eventual degradation of conventional plastics release toxic chemicals that pose risks to human health and the environment.

What Are Biodegradable Plastic Additives?

Biodegradable plastic additives are chemical compounds integrated into traditional plastic formulations. They alter the material’s structure, making it easier for microorganisms to break down the plastic. Unlike conventional plastics that degrade into microplastics, these additives enable complete decomposition into water, carbon dioxide, and organic matter. Importantly, this process leaves no harmful residues behind.

Why Health-Conscious Consumers Should Care

1. Mitigating Environmental Harm

Plastic pollution affects not only ecosystems but also public health. By choosing products with biodegradable additives, consumers can significantly reduce the long-term impact of plastic waste on the planet. For those committed to a healthier lifestyle, this is a tangible way to align personal values with daily consumption habits.

2. Safer Alternatives for Personal Use

The leaching of chemicals like BPA and phthalates from traditional plastics into food and beverages is a well-documented concern. Biodegradable plastics, designed to avoid such harmful substances, provide a safer option for items like food containers, bottles, and packaging.

3. Fostering a Sustainable Lifestyle

Incorporating biodegradable products into daily life supports the broader concept of a circular economy, where resources are reused or responsibly disposed of. This lifestyle shift is not just about reducing waste—it’s about creating a healthier environment for everyone.

Everyday Applications of Biodegradable Plastic Additives

The versatility of biodegradable plastic additives means they’re finding their way into various industries:

Food Packaging: Grocery bags, takeaway containers, and disposable cutlery made with biodegradable plastics offer an eco-friendly alternative to single-use plastics.

Agriculture: Mulch films and other agricultural tools degrade naturally in the soil, reducing pollution while enriching the land.

Healthcare: Products like disposable gloves, syringes, and medical packaging ensure hygiene and safe disposal without long-term environmental consequences.

Everyday Essentials: Items such as straws, plates, and water bottles cater to consumers seeking sustainable options in their routine purchases.

Challenges to Overcome

While the promise of biodegradable plastics is exciting, several challenges remain:

Incomplete Breakdown: Degradation often requires specific conditions such as heat, moisture, and microbial activity, which may not always be present in natural environments.

Recycling Confusion: Mixing biodegradable plastics with conventional plastics can disrupt recycling processes. Clear guidelines and labeling are needed to address this.

Misleading Claims: Not all products labeled “biodegradable” meet rigorous standards. Consumers must look for certifications to ensure the product’s authenticity.

A Future Built on Biodegradability

The demand for sustainable alternatives is spurring rapid advancements in biodegradable plastic additives. Researchers are working to improve their efficiency, broaden their applications, and reduce costs. Governments are also stepping in, promoting these solutions through incentives, regulations, and public awareness campaigns. The collective effort of industries, consumers, and policymakers could redefine our relationship with plastics.

Download PDF Brochure : 

Biodegradable plastic additives represent a practical and impactful way to address the environmental and health concerns linked to traditional plastics. For health-conscious individuals, choosing biodegradable alternatives is more than an eco-friendly decision; it’s a commitment to a better, safer world. By making thoughtful choices and encouraging systemic change, consumers can help accelerate the transition to sustainable materials, ensuring a healthier planet for generations to come.

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Global Plastic Additives Market Projected to Reach $62.7 Billion by 2032

 Meticulous Research®—a leading global market research company, published a research report titled, ‘Plastic Additives Market by Type (Plasticizer, Fillers, Flame Retardant, Colorants, Antimicrobials, Foaming Agent, Nucleating Agents, Others), Application (Building and Construction, Packaging, Automobile, Others), Geography - Global Forecast to 2032’

According to this latest publication from Meticulous Research®, the plastic additives market is projected to reach $62.7 billion by 2032, at a CAGR of 3.6% from 2025 to 2032. The growth of this market is driven by the rising use of plastic in buildings and construction and the increasing use of plastic additives in packaging applications. In addition, the cost-effectiveness and commercialization of plastics and the rising expansion of the automotive and aerospace industries are expected to provide opportunities for market growth. However, stringent government regulations governing the plastic industry and the negative effect of plastic additives on health and the environment can restrain the growth of the market. The volatility of raw material prices poses a challenge to market growth.

The plastic additives market is segmented by type and application. The study also evaluates industry competitors and analyzes the regional and country-level markets.

Based on type, the plastic additives market is segmented into plasticizers, antioxidants, UV absorbers, heat stabilizers, light stabilizers, fillers, coupling agents, cross-linking agents, foaming agents, nucleating agents, colorants, antimicrobials, flame retardants, antistatic agents, and other plastic additives. In 2025, the plasticizers segment is expected to account for the largest share of above 52.0% of the global plastic additives market. The large market share of this segment is attributed to the increasing use of plasticizers to improve the flexibility, viscosity, softness, friction level, and plasticity of materials, rising demand for flexible PVC in different applications, increasing adoption of non-phthalate and high molecular weight phthalate plasticizers and growing packaging industry.

In addition, the rising focus of market players on strengthening their product offerings is expected to drive the segment growth. For instance, in January 2022, Evonik Industries AG (Germany) launched ELATUR® DINCD - a new plasticizer for durable products. ELATUR® DINCD is easy to process due to its low viscosity and is particularly suitable for demanding exterior and interior applications, such as textile fabrics, roofing membranes, floor coverings, adhesives, and sealants, as well as paints and coatings.

However, the antimicrobials segment is expected to register the highest CAGR during the forecast period. Rising use of antimicrobial additives to reduce illness and infection-causing bacteria, resisting the growth of unpleasant mold and mildew, minimizing stain and odor-causing bacteria, and inhibiting physical degradation from bacteria and fungi, which feed on plastics and their additives. In addition, the rising focus of market players on innovative product offerings is expected to drive segment growth. For instance, in February 2024, Microban International (U.S.) launched a new built-in antibacterial technology, MicroGuard, specially developed for polymer materials, including polyvinyl chloride (PVC), polyurethane (PU) and ethylene-vinyl acetate copolymer (EVA) foam.

Based on application, the plastic additives market is segmented into building and construction, packaging, automobile, home appliances & electronics, industrial machinery, personal care products, textile, public sector, and other applications. In 2025, the packaging segment is expected to account for the largest share of above 38.0% of the global plastic additives market. The large market share of this segment is attributed to the rising demand for plastic packaging for maintaining the quality of a wide range of products during shipping, handling, storage, and shelf time, increasing awareness of the benefits of using additives in packaging applications. In addition, due to increased awareness of the circular economy, manufacturers are turning to additives that allow recycling in packaging, which is also expected to drive the demand for plastic additives for packaging applications.

However, the home appliances & electronics segment is expected to register the highest CAGR during the forecast period. The rising need for plastic additives to provide a unique performance for home appliances & electronics products, such as lightweight, thermal management, and protecting critical assets, is expected to drive the segment growth.

Based on geography, the plastic additives market is segmented into North America, Asia-Pacific, Europe, Latin America, and the Middle East & Africa. In 2025, Asia-Pacific is expected to account for the largest share of above 45.0% of the plastic additives market. The economic expansion is driving up demand for plastic products, which in return is driving up demand for plastic additives. The region is also rapidly urbanizing, with an increasing number of people moving to cities. This urbanization is driving up demand for plastic products in a wide range of industries, including packaging, construction, and consumer goods. Moreover, the Asia-Pacific region is expected to register the highest CAGR of above 5.0% during the forecast period.

Key Players:

The key players operating in the plastic additives market are Songwon Industrial Co. Ltd. (South Korea), Clariant AG (Switzerland), BASF SE (Germany), Dow Chemical Company (U.S.), Evonik Industries AG (Germany), Kaneka Corporation (Japan), LANXESS AG (Germany), Croda International PLC (U.K.), Exxon Mobil Corporation (U.S.), Mitsui Chemicals, Inc. (Japan), Nouryon (Netherland), ADEKA CORPORATION (Japan), Arkema (France), PMC Group, Inc.(U.S.), and Astra Polymers (Saudi Arabia)

Download Sample Report Here @ https://www.meticulousresearch.com/download-sample-report/cp_id=5840

Key questions answered in the report-

·  Which are the high-growth market segments based on type and application?

·  What was the historical market for plastic additives?

·  What are the market forecasts and estimates for the period 2025–2032?

·  What are the major drivers, restraints, and opportunities in the plastic additives market?

·  Who are the major players, and what shares do they hold in the plastic additives market?

·  How is the competitive landscape in the plastic additives market?

·  What are the recent developments in the plastic additives market?

·  What are the different strategies adopted by the major players in the plastic additives market?

·  What are the key geographic trends, and which are the high-growth countries?

·  Who are the local emerging players in the global plastic additives market, and how do they compete with the other players? 

Contact Us: Meticulous Research® Email- sales@meticulousresearch.com Contact Sales- +1-646-781-8004 Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research

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Plastic Additives Market 2018 – Challenges, Key Vendors and Trends by Forecast 2022

Market Research Future Published a Half Cooked Research “Global Plastic Additive Market Research Report – Forecast to 2022” – Market Analysis, Scope, Stake, Progress, Trends and Forecast up to 2022.

BASF SE (Germany), The Dow Chemical Company (United States), DuPont (United States), Evonik Industries (Germany), Exxon Mobil Corporation (United States), Mitsui Chemical Inc. (Japan), SABIC (Saudi Arabia), Chemtura Corporation (United States), Bayer AG (Germany) and Clariant (Switzerland) among others are some of the prominent players at the forefront of competition in the Global Plastic AdditiveMarket and are profiled in MRFR Analysis.

Plastic additive Market – Market Overview

Plastic Additive is added to polymer during chemical processing in order to enhance strength, gloss, durability and heat sensitivity. Depletion of mineral resources has led to increased cost of metal equipment’s which indirectly replaced metal parts with plastic components. Thus, cost effective and superior properties of plastic over metals are anticipated to drive the Plastic Additives Market. Plastic Additive such as antimicrobials, antioxidants, UV stabilizers, plasticizers are largely used in compound formulation to improve chemicals and physical properties.

The factors impacting the Global Plastic Additive Market are excessive usage of plastic components over metal ore, superior properties of plastic additives and increasing application scope. The Global Plastic Additive Industry is dominated by plasticizers as it helps the plastic to increase rigidity and acts as modifier. Further, flame retardant is leading with considerable CAGR owing to increased application in automotive, and consumer appliances. Growing environment concern over degradation of forest resources has also replaces wood products with plastic. Thus, increasing consumption of plastic product has led to increased demand of Plastic Additives over the forecast period.

The manufacturer of Plastic Additive is continuously under research and development in order to meet regulatory norms and lower down the toxic exposure of plastic product. Currently, development of special Plastic Additive product to enhance the quality of products such as electronic housing, printed circuit boards, wire and cables are expected to positively impact the market growth. Moreover, increasing demand of plastic components in transportation industry for lowering cost by augmenting fuel efficiency is anticipated to drive the market growth. However, increasing government regulations along with environmental awareness of plastic pollution is negatively impacting the market growth.

Asia Pacific region is leading in Plastic Additive Market owing to lenient government regulations and robust industry growth of automotive, electronic, packaging and consumer goods. Countries like China, Europe and United States banned the consumption of phthalates which negatively impacting the plastic additive market. However, the demand for bio based products over plastic additive is putting pressure on manufacturer to develop non-toxic products. Manufacturing plants in Taiwan, South Korea and Japan are relocating to China and India in order to meet both internal and external demand. Europe is anticipated to witness sluggish growth owing to strict environmental legislations and banned on plastic consumptions. UK, Germany and France are expected to generate high demand of plasticizers, flame retardants and other additives over the projected period.

Receive a Sample Report upon Request @ https://www.marketresearchfuture.com/sample_request/1753

Plastic additive Market – Competitive Analysis

Plastic Additive Market is fragmented with major manufacturer from North America and some few from Asia Pacific region. Major players in market are adopting strategies such as acquisitions, partnerships, expansion and new technology development. The market participants are acquiring small players in the market in order to tap large market share. Strategic partnerships between Key players support the growth and expansion plans of the key players during the forecast period Manufacturers are focusing more on high performance plastic products by lowering of greenhouse gases along with development of bio based additive. Focusing upon the competitive edge, plastic additive manufacturers strive to develop products that can deliver optimal adhesion, convenience, reliability and flexibility. Manufacturer like BASF, Songwon and ADEKA are expanding their presence through joint venture and strengthening their market position in Asia Pacific regions.

Industry/ Innovation/ Related News:

November 14, 2016 – BASF invested into capacity expansion of plastic additive business across the globe. Along with this, company focus on strengthening its production facility in North America to enhance the market growth. This investment also increase capacity of Tinuvin product line in plastic additive. This would significantly align the existing capacity expansion in North America.

March 14, 2017– BASF is investing in new plastic additive plant at Shanghai, China. The plant has total capacity of 42,000 tons which will produces antioxidants along with associated forms and blends. This would help the industry to cater the growing demand of end use industries in Asia Pacific region.

Access Complete Report @ https://www.marketresearchfuture.com/reports/plastic-additives-market-1753  

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