LONDON, Oct. 15. 30, 2014 /PRNewswire/ -- REPORT HIGHLIGHTS
The global market for plastics additives was valued at $43.4 billion in 2013, and is expected to reach $47.7 billion in 2015 and $60.3 billion by 2020, a compound annual growth rate (CAGR) of 4.8% over the five-year period from 2015 to 2020.
This report provides:
An overview of the global as well as regional markets for plastics additives.
Analyses of global market trends, with data for 2013, estimates and projections of data for 2015 and 2020, and projections of CAGRs for the period 2015 to 2020.
Help identifying various growth opportunities in the field of plastics additives.
Information on the supply and pricing of raw materials as well as information concerning the basic feedstock of various plastics additives.
INTRODUCTION
Plastics have transformed the quality of human life and play a key role from clothing to shelter, from transportation to communication and from entertainment to health care. Plastics have attractive properties, such as lightweight, high strength and ease of processing, and meet a large share of the materials needs of humans at a comparatively lesser cost and causing lesser environmental implications. Plastics can be super tough, rigid as well as flexible, transparent as well as opaque and can allow permeation or act as a barrier material.Many products are made from plastics (e.g., protective packaging, components in cars and aircraft, insulating materials, toys, mobile phones, buildings, medical devices, profiles and pipes).
Plastics improve safety, save energy and can help protect the environment. Plastics are an essential part of modern-day life, and some activities depend completely on plastics and plastic products. Plastics and plastic products are made by mixing essential polymers with additives. Additives make plastics safer, cleaner, tougher and more colorful, and in some cases, plastics will not function without them. Additives increase the cost of producing plastics; however, they help conserve precious, raw material reserves. Without the additives that turn basic polymers into useful plastics and plastic products, their use would be a lot more expensive.The market success of polymers, such as polyvinyl chloride (PVC) or polypropylene (PP), depends not only on the basic polymer but also on the additives that make the plastics as useful as they are. Their usefulness is largely attributed to the polymers used to make them and not to the additives used.
Yet, when concerns arise regarding human health and the environment, plastics additives are often found to be responsible, and the industry is required to replace the additive or prove that it is indeed harmless.
STUDY GOALS AND OBJECTIVES
The goal of this market research study is to identify and measure the market opportunities for the full range of plastics additives. The global additives market is broken down and measured by various parameters, and future growth is forecast for both the overall market and every possible market segment. Regional markets are also measured and examined in detail.
REASONS FOR DOING THE STUDY
This report helps identify various growth opportunities in the field of plastics additives. The report also can help those involved in the production and sales of additive and plastic products to take full advantage of current and future opportunities.
SCOPE OF REPORT
The report has been prepared and presented in a simple, easy to understand format with a number of tables and charts/figures. A study of applications and global and regional markets for all types of the plastics additives and the plastics additives industry has been made in detail. The consolidation and globalization of the plastics processing industry has been studied in this report, so that additive manufacturers and suppliers can establish themselves in all the major regions.The supply and pricing of raw materials and the basic feedstock of various plastics additives have been fluctuating greatly with the run-up in prices of raw materials and energy. This aspect of the plastics processing industry has also been studied and analyzed in detail in this report.The environmental/regulatory aspects of different types of plastics additives continue to present concerns as well as opportunities to additive suppliers. The effects of these factors on the supply chain, value and demand for additives have also been studied in detail in this report.
INTENDED AUDIENCE
This report will be of help to those in the plastics additives industry responsible for the manufacture, distribution and supply of plastics additives:
Manufacturers, distributors and suppliers of additives.
Manufacturers of resins and specialty chemicals.
Manufacturers and suppliers of master batches.
Existing and new marketing personnel in the plastics additives business.
Advisors to the plastics processing and plastics additives industries.
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