Plastic Additives Market Analysis & Forecast For Types, Plastic Type and Applications By Volume As Well As Value Till 2019

DALLAS, March 13, 2015 /PRNewswire/ --

The Plastic Additives Market is projected to register a CAGR of 5.0% between 2014 and 2019 to reach $45.5 billion by 2019 - New Research Available at RnRMarketResearch.com

Additives are added in plastics to improve its impact strength, chemical and heat resistance, clarity, weather resistance and color preservation properties. Plastic additives are used to add volume in order to control costs, modify the physical or chemical properties of the polymer, or reinforcing the polymer's mechanical properties to make it stronger and better for end-use applications. Plastics Additives are used in a variety of applications ranging from construction, packaging containers to consumer & electronics appliances, business machines and automotive parts. Complete report on Plastic Additives Market by Type (Plasticizers, Stabilizers, Flame Retardants, Impact Modifiers), Plastic (Commodity, Engineering, and High Performance Plastic), and by Application (Packaging, Construction, Consumer Goods, Automotive) - Global Trends & Forecasts to 2019 available at http://www.rnrmarketresearch.com/plastic-additives-market-by-type-plasticizers-stabilizers-flame-retardants-impact-modifiers-plastic-commodity-engineering-and-high-performance-plastic-and-by-application-packaging-constru-market-report.html .

The market for plastic additives is estimated to grow on account of increasing disposable income especially in Asia-Pacific region and growing plastic consumption. The flourishing packaging application in emerging economies and increasing use of additives for agricultural and medical applications are expected to act as budding opportunities for this market.

The report analyzes the plastic additives market trends and forecasts till 2019. The market size has been provided in terms of market volume (kilotons) and value ($million). The report also identifies prominent players and provides analysis for each player in terms of company overview, financials, product portfolio, recent developments, and company strategy.

The plastic additives industry is moving towards new product developments to expand their product portfolio to meet the different requirements of the end-use industries. The companies involved in this market are extensively engrossed into new product developments and facility expansions.The company profiled in this report includes Albemarle Corporation (U.S.), AkzoNobel N.V. (The Netherlands), BASF SE (Germany), Bayer AG (Germany), Chemtura Corporation (U.S.), Clariant AG (Switzerland), The Dow Chemical Co. (U.S.), Evonik Industries AG (Germany), Kaneka Corporation (Japan), Lanxess AG (Germany), and Songwon Industrial Co. Ltd. (South Korea) among others. Order a copy of this report at http://www.rnrmarketresearch.com/contacts/purchase?rname=310473 .

Region-wise, Asia-Pacific is estimated to be the leading plastic additives market. Growth in Asia-Pacific is led by the rising demand for plastics due to increasing population and improving standard of living of the people in the region. North Americais estimated to be the second largest market for plastic additives and is projected to have a steady growth rate between 2014 and 2019. Packaging application is projected to have the biggest market of plastic additives as a result of rapid urbanization and increasing demand for packaging materials from consumer goods and food packaging industries. Commodity plastics segment is anticipated to have the largest market size in 2013 and will continue to dominate till 2019 on account of its economic commercial availability and wide-spread applications in several end-use industries. Priced at $4650 for a single user PDF, a discount on this research report can be requested at http://www.rnrmarketresearch.com/contacts/discount?rname=310473 .

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