Abstract
REPORT HIGHTLIGHTS
The global market for plastics additives is expected to increase from $36.2
billion in 2008 to an estimated $37.4 billion in 2009, and $45.8 billion in
2014, for a compound annual growth rate (CAGR) of 4.1%. Property modifiers
have the largest share of the market, worth $18.2 billion in 2008 and an
estimated $18.7 billion in 2009. This is expected to increase at a CAGR of
4.1% to reach $22.9 billion in 2014. The property stabilizers segment is the
second largest, generating $12.1 billion in 2008 and an estimated $12.6
billion in 2009. This segment should reach $15.4 billion in 2014, for a CAGR
of 4.2%.
INTRODUCTION
Every activity in modern life is influenced by plastics and many depend
entirely on plastic products. All these plastic products are made from the
essential polymer mixed with a complex blend of materials known collectively
as additives. Without additives, plastics would not work, but with them
plastics can be made safer, cleaner, tougher, and more colorful. Additives
cost money, but by reducing production costs and making products last longer,
they help in saving money and conserving the world' s precious raw material
reserves. In fact, the world today would be a lot less safe, a lot more
expensive, and a great deal duller without the additives that turn basic
polymers into useful plastics.
STUDY GOALS AND OBJECTIVES
Additives are the ignored components of plastics. For instance, in discussions
of the market success of polyvinyl chloride (PVC) or polypropylene (PP), the
polymers get the most attention, and little credit is given to the plastics
additives that enable these products to be as useful as they are. But when
environmental and health concerns arise, plastics additives take center stage
until the industry finds a way to either replace the troublesome additives
with newer types of additives or to prove that the additives in question are
essentially harmless. This report intends to bring out the usefulness of
various varieties of plastics additives and the market share of each type of
additive.
REASONS FOR DOING THE STUDY
For any company to succeed in a competitive market, opportunities must be
identified from the viewpoint of the company' s strengths. For this, it is
necessary to understand the size and growth rate of any opportunity and the
competitive atmosphere in which the company exists. This report presents the
ideal medium to understand the various exciting and growing opportunities in
the field of plastics additives. This report focuses on the available
opportunities in this vast area of the ever growing field of plastics
additives and how to utilize these opportunities.
SCOPE OF REPORT
The report has been prepared in a simple format that can be easily understood
with a number of tables and charts/figures. The report includes a detailed
study of applications and global and regional markets for various types of the
plastics additives to understand the dynamics of the plastics additives
industry, which is based on the additives consumption. The reportalso studies
the globalization and consolidation of the plastic processing industry so as
to enable the additive manufacturers and suppliers to establish positions in
all the major regions.
The report looks into the supply and pricing of raw materials and feedstock of
various plastics additives, which has been fluctuating rapidly with the rapid
run-up in prices of raw materials and energy.
The report also looks into various aspects of the environmental/regulatory
aspects of various plastics additives as these continue to provide
opportunities as well as threats to additive suppliers. The report also delves
into the supply chain shifts and value migration, which affects additives
demand.
INTENDED AUDIENCE
This report will help the following personnel mainly responsible for the plastic additive manufacturing, distribution, and supplying business:
- Additive manufacturers
- Additive suppliers
- Additive distributors
- Specialty chemical manufacturers
- Resin manufacturers
- Master-batch suppliers
- Potential market entrants into additive business
- Industry advisers
INFORMATION SOURCES
Both primary and secondary research methods were used in this study. Primary
information sources for this market research include individuals within
companies, various research organizations, governmental agencies, and trade
associations. Additional secondary research sources include databases, trade
literature, specialized journals, and government statistics.
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