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Report Description

Report Description

Global High-Performance Plastic Additives market is anticipated to grow significantly through 2028 due to growing demand from the packaging industry. In 2021, China's total production of plastic products amounted to 75 million metric tonnes.

In several end-use sectors, such as the automobile, aerospace and military, packaging, chemical, building, general manufacturing, and electronics, plastic is one of the most often used materials. Due to the excellent qualities of polymers, which include strength, dependability, flexibility, and the capacity to bear pressure and heat, there is a rising need for their derivatives. This product is taking the place of more traditional materials including wood, metals, and composites since it is less expensive. The market is anticipated to benefit as a result. Thus, these beneficial properties of plastic additives result in demand during the forecast period.

Furthermore, the increasing demand for bio-based plastic additives propels the market’s growth. Various companies and research organizations operating in the market also focus on developing such eco-friendly products. This, in turn, is expected to create huge prospects for market growth in the coming years.

Rising demand from the Packaging Industry

Different items require various packaging materials. The market offers a broad variety of plastic materials, including translucent, food and medical-grade, opaque, porous, moisture- and heat-resistant, and more. One of the most affordable substitutes for other packaging materials like metals and alloys is plastic. Additionally, the hectic lives in metropolitan areas are contributing to the rising demand for convenience meals. The market is expected to be driven by the rising demand for plastic packaging from the food and beverage, medical, pharmaceutical, and other industries. All these factors are anticipated to increase the use of high-performance plastic additives in the upcoming years.


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Growing demand from Automotive Industry

The performance, aesthetics, safety, construction, and utility of vehicle parts have all been changed by plastic. Plastic components are noise-reducing, flexible, lightweight, thermally insulating, non-corrosive, and enable effective space usage. Additionally, because plastic is lightweight, the vehicle's overall weight is decreased, which further lowers fuel consumption and boosts the vehicle's efficiency. The benefits of plastic over conventional materials are increased by the decreased emissions of greenhouse gases (GHGs) caused by lower fuel use. Vehicles may meet high safety and pollution regulations and contribute to sustainability thanks to the use of plastic.

According to the Environmental Protection Agency U.S., the transportation sector accounts for over 29% of greenhouse gas emissions and the average fuel efficiency goal must reach 54.5 miles per gallon by 2025. Therefore, the worldwide High-Performance Plastic Additives market is anticipated to witness substantial growth during the projected period.

Plasticizers Will Continue to Be a Key Additive Type

Plasticizers, make polymer materials less viscous and more flexible. The flexibility of polymers may be altered to meet different requirements in different application areas. They make it easier to handle raw materials throughout the production process and change the frictional coefficient based on the intended use. Many plasticizers are made from poly-carboxylic acid or esters with aliphatic or branched alcohols of intermediate length. Ester plasticizers are selected based on an assessment of their performance and cost, as well as their toxicity, non-volatility, processability, and compatibility with the host material. However, flexible PVC is produced using around 90% of all plasticizers.

In April 2021, BASF, launched a biobased plasticizer based on renewable raw materials, with the goal to decrease carbon footprint. Therefore, the demand for High-Performance Plastic Additives increases in the forecast years.

Recent Developments

  • In October 2022, Evonik Sectors AG presented its most recent workable strategy for the polymers and foam industries at K 2022 in Düsseldorf, Germany. Also on show was INFINAM PA, a brand-new grade of PA-12 powders with much lower CO2 emissions for fused deposition 3D printing methods.
  • The LNP THERMOCOMP AM DC0041XA51 compound was revealed by SABIC in September 2022 at InnoTrans 2022 in Berlin, Germany. It is a cutting-edge, flame-retardant (FR) compound reinforced with carbon fiber that is suitable for pellet-fed additive manufacturing (PFAM) and completely complies with E.U. and U.S. rail fire safety criteria.
  • In September 2021, boron nitride cooling filler agglomerates CFA 100 and CFA 150 are two new product classes that 3M added to their portfolio of boron nitride cooling fillers. Both are made of soft boron nitride agglomerates, which can be utilized in automotive, electrical, and electronic systems and components to improve isotropic heat conductivity.
  • The independent European player in liquid colors and additives Novosystems GmbH was purchased by REPI, a high-performance liquid color, and additive solutions provider in March 2021. 

Market Segmentation

Global High-Performance Plastic Additives Market is segmented based on plastic type, additive type, end user, and region. Based on plastic type, the market is categorized into fluoropolymers, high-performance polyamides, sulfone polymers, and others. Based on additive type, the market is segregated into plasticizers, flame retardants, lubricants, antioxidants, and others. Based on end user, the market is fabricated into transportation, medical, electrical & electronics packaging, and others. Based on region, the market is divided into North America, Europe, Asia Pacific, South America, and Middle East & Africa.

Company Profiles

BASF SE, Saudi Basic Industries Corp, Arkema S.A., Solvay S.A., Evonik Industries AG, 3M Co., L.Brueggemann GmbH & Co. KG, Ensinger GmbH, Colloids Ltd., Colortech Inc. are some of the key players of Global High-Performance Plastic Additives Market.

Attribute

Details

Base Year

2022

Historic Data

2018 – 2022

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million, Volume in Metric Tonnes, and CAGR for 2018-2022 and 2023-2028

Report coverage

Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends

Segments covered

Plastic Type

Additive Type

End User

Regional scope

North America, Europe, Asia Pacific, South America, Middle East & Africa

Country scope

United States; Mexico; Canada; France; Germany; United Kingdom; Spain; Italy; China; India; South Korea; Japan; Australia; Brazil; Argentina; South Africa; Saudi Arabia; UAE

Key companies profiled

BASF SE, Saudi Basic Industries Corp, Arkema S.A., Solvay S.A., Evonik Industries AG, 3M Co., L.Brueggemann GmbH & Co. KG, Ensinger GmbH, Colloids Ltd., Colortech Inc.

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Report Scope:

In this report, the global High-Performance Plastic Additives market has been segmented into the following categories, in addition to the industry trends, which have also been detailed below:

  • High-Performance Plastic Additives Market, By Plastic Type:
    • Fluoropolymers
    • High-performance Polyamides
    • Sulfone Polymers
    • Others
  • High-Performance Plastic Additives Market, By Additive Type:
    • Plasticizers
    • Flame Retardants
    • Lubricants
    • Antioxidants
    • Others
  • High-Performance Plastic Additives Market, By End User:
    • Transportation
    • Medical
    • Electrical & Electronics
    • Packaging
    • Others
  • High-Performance Plastic Additives Market, By Region:
    • North America
      • United States
      • Mexico
      • Canada
    • Europe
      • France
      • Germany
      • United Kingdom
      • Spain
      • Italy
    • Asia-Pacific
      • China
      • India
      • South Korea
      • Japan
      • Australia
    • South America
      • Brazil
      • Argentina
    • Middle East & Africa
      • South Africa
      • Saudi Arabia
      • UAE

Competitive landscape

Company Profiles: Detailed analysis of the major companies in the global High-Performance Plastic Additives market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global High-Performance Plastic Additives Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

Table of content

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.    Markets Covered

1.2.2.    Years Considered for Study

1.2.3.    Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Market Players

3.4.  Overview of Key Regions/Countries

3.5.  Overview of Market Drivers, Challenges, Trends

4.    Voice of Customer

5.    Global High-Performance Plastic Additives Market Outlook

5.1.  Market Size & Forecast

5.1.1.    By Value & Volume

5.2.  Market Share & Forecast

5.2.1.    By Plastic Type (Fluoropolymers, High-performance Polyamides, Sulfone Polymers, Others)

5.2.2.    By Additive Type (Plasticizers, Flame Retardants, Lubricants, Antioxidants, Others)

5.2.3.    By End User (Transportation, Medical, Electrical & Electronics, Packaging, Others)

5.2.4.    By Region (North America, Europe, Asia Pacific, South America, Middle East & Africa)

5.2.5.    By Company (2022)

5.3.  Market Map

5.3.1.    By Plastic Type

5.3.2.    By Additive Type

5.3.3.    By End User

5.3.4.    By Region

6.    North America High-Performance Plastic Additives Market Outlook

6.1.  Market Size & Forecast       

6.1.1.    By Value & Volume

6.2.  Market Share & Forecast

6.2.1.    By Plastic Type

6.2.2.    By Additive Type

6.2.3.    By End User

6.2.4.    By Country

6.3.  Pricing Analysis

6.4.  North America: Country Analysis

6.4.1.    United States High-Performance Plastic Additives Market Outlook

6.4.1.1.        Market Size & Forecast

6.4.1.1.1.           By Value & Volume

6.4.1.2.        Market Share & Forecast

6.4.1.2.1.           By Plastic Type

6.4.1.2.2.           By Additive Type

6.4.1.2.3.           By End User

6.4.2.    Mexico High-Performance Plastic Additives Market Outlook

6.4.2.1.        Market Size & Forecast

6.4.2.1.1.           By Value & Volume

6.4.2.2.        Market Share & Forecast

6.4.2.2.1.           By Plastic Type

6.4.2.2.2.           By Additive Type

6.4.2.2.3.           By End User

6.4.3.    Canada High-Performance Plastic Additives Market Outlook

6.4.3.1.        Market Size & Forecast

6.4.3.1.1.           By Value & Volume

6.4.3.2.        Market Share & Forecast

6.4.3.2.1.           By Plastic Type

6.4.3.2.2.           By Additive Type

6.4.3.2.3.           By End User

7.    Europe High-Performance Plastic Additives Market Outlook

7.1.  Market Size & Forecast       

7.1.1.    By Value & Volume

7.2.  Market Share & Forecast

7.2.1.    By Plastic Type

7.2.2.    By Additive Type

7.2.3.    By End User

7.2.4.    By Country

7.3.  Pricing Analysis

7.4.  Europe: Country Analysis

7.4.1.    France High-Performance Plastic Additives Market Outlook

7.4.1.1.        Market Size & Forecast

7.4.1.1.1.           By Value & Volume

7.4.1.2.        Market Share & Forecast

7.4.1.2.1.           By Plastic Type

7.4.1.2.2.           By Additive Type

7.4.1.2.3.           By End User

7.4.2.    Germany High-Performance Plastic Additives Market Outlook

7.4.2.1.        Market Size & Forecast

7.4.2.1.1.           By Value & Volume

7.4.2.2.        Market Share & Forecast

7.4.2.2.1.           By Plastic Type

7.4.2.2.2.           By Additive Type

7.4.2.2.3.           By End User

7.4.3.    United Kingdom High-Performance Plastic Additives Market Outlook

7.4.3.1.        Market Size & Forecast

7.4.3.1.1.           By Value & Volume

7.4.3.2.        Market Share & Forecast

7.4.3.2.1.           By Plastic Type

7.4.3.2.2.           By Additive Type

7.4.3.2.3.           By End User

7.4.4.    Spain High-Performance Plastic Additives Market Outlook

7.4.4.1.        Market Size & Forecast

7.4.4.1.1.           By Value & Volume

7.4.4.2.        Market Share & Forecast

7.4.4.2.1.           By Plastic Type

7.4.4.2.2.           By Additive Type

7.4.4.2.3.           By End User

7.4.5.    Italy High-Performance Plastic Additives Market Outlook

7.4.5.1.        Market Size & Forecast

7.4.5.1.1.           By Value & Volume

7.4.5.2.        Market Share & Forecast

7.4.5.2.1.           By Plastic Type

7.4.5.2.2.           By Additive Type

7.4.5.2.3.           By End User

8.    Asia-Pacific High-Performance Plastic Additives Market Outlook

8.1.  Market Size & Forecast       

8.1.1.    By Value & Volume

8.2.  Market Share & Forecast

8.2.1.    By Plastic Type

8.2.2.    By Additive Type

8.2.3.    By End User

8.2.4.    By Country

8.3.  Pricing Analysis

8.4.  Asia-Pacific: Country Analysis

8.4.1.    China High-Performance Plastic Additives Market Outlook

8.4.1.1.        Market Size & Forecast

8.4.1.1.1.           By Value & Volume

8.4.1.2.        Market Share & Forecast

8.4.1.2.1.           By Plastic Type

8.4.1.2.2.           By Additive Type

8.4.1.2.3.           By End User

8.4.2.    India High-Performance Plastic Additives Market Outlook

8.4.2.1.        Market Size & Forecast

8.4.2.1.1.           By Value & Volume

8.4.2.2.        Market Share & Forecast

8.4.2.2.1.           By Plastic Type

8.4.2.2.2.           By Additive Type

8.4.2.2.3.           By End User

8.4.3.    South Korea High-Performance Plastic Additives Market Outlook

8.4.3.1.        Market Size & Forecast

8.4.3.1.1.           By Value & Volume

8.4.3.2.        Market Share & Forecast

8.4.3.2.1.           By Plastic Type

8.4.3.2.2.           By Additive Type

8.4.3.2.3.           By End User

8.4.4.    Japan High-Performance Plastic Additives Market Outlook

8.4.4.1.        Market Size & Forecast

8.4.4.1.1.           By Value & Volume

8.4.4.2.        Market Share & Forecast

8.4.4.2.1.           By Plastic Type

8.4.4.2.2.           By Additive Type

8.4.4.2.3.           By End User

8.4.5.    Australia High-Performance Plastic Additives Market Outlook

8.4.5.1.        Market Size & Forecast

8.4.5.1.1.           By Value & Volume

8.4.5.2.        Market Share & Forecast

8.4.5.2.1.           By Plastic Type

8.4.5.2.2.           By Additive Type

8.4.5.2.3.           By End User

9.    South America High-Performance Plastic Additives Market Outlook

9.1.  Market Size & Forecast       

9.1.1.    By Value & Volume

9.2.  Market Share & Forecast

9.2.1.    By Plastic Type

9.2.2.    By Additive Type

9.2.3.    By End User

9.2.4.    By Country

9.3.  Pricing Analysis

9.4.  South America: Country Analysis

9.4.1.    Brazil High-Performance Plastic Additives Market Outlook

9.4.1.1.        Market Size & Forecast

9.4.1.1.1.           By Value & Volume

9.4.1.2.        Market Share & Forecast

9.4.1.2.1.           By Plastic Type

9.4.1.2.2.           By Additive Type

9.4.1.2.3.           By End User

9.4.2.    Argentina High-Performance Plastic Additives Market Outlook

9.4.2.1.        Market Size & Forecast

9.4.2.1.1.           By Value & Volume

9.4.2.2.        Market Share & Forecast

9.4.2.2.1.           By Plastic Type

9.4.2.2.2.           By Additive Type

9.4.2.2.3.           By End User

10. Middle East and Africa High-Performance Plastic Additives Market Outlook

10.1.             Market Size & Forecast        

10.1.1. By Value & Volume

10.2.             Market Share & Forecast

10.2.1. By Plastic Type

10.2.2. By Additive Type

10.2.3. By End User

10.2.4. By Country

10.3.             Pricing Analysis

10.4.             MEA: Country Analysis

10.4.1. South Africa High-Performance Plastic Additives Market Outlook

10.4.1.1.     Market Size & Forecast

10.4.1.1.1.         By Value & Volume

10.4.1.2.     Market Share & Forecast

10.4.1.2.1.         By Plastic Type

10.4.1.2.2.         By Additive Type

10.4.1.2.3.         By End User

10.4.2. Saudi Arabia High-Performance Plastic Additives Market Outlook

10.4.2.1.     Market Size & Forecast

10.4.2.1.1.         By Value & Volume

10.4.2.2.     Market Share & Forecast

10.4.2.2.1.         By Plastic Type

10.4.2.2.2.         By Additive Type

10.4.2.2.3.         By End User

10.4.3. UAE High-Performance Plastic Additives Market Outlook

10.4.3.1.     Market Size & Forecast

10.4.3.1.1.         By Value & Volume

10.4.3.2.     Market Share & Forecast

10.4.3.2.1.         By Plastic Type

10.4.3.2.2.         By Additive Type

10.4.3.2.3.         By End User

11. Market Dynamics

11.1.             Drivers

11.1.1. Growing demand from Automotive Industry

11.1.2. Increasing demand from Electrical & Electronics Industry

11.1.3. Substitution of conventional material in various application

11.2.             Challenges

11.2.1. Fluctuation in Raw Material price 

11.2.2. Strict Government Regulations for the Plastic Industry

12. Market Trends & Developments

12.1.             Product Launches

12.2.             Mergers & Acquisitions

12.3.             Technological Advancements

13. Global High-Performance Plastic Additives Market: SWOT Analysis

14. Porter’s Five Forces Analysis

14.1.             Competition in the Industry

14.2.             Potential of New Entrants

14.3.             Power of Suppliers

14.4.             Power of Customers

14.5.             Threat of Substitute Products

15. Competitive Landscape

15.1.             Business Overview

15.2.             Product Offerings

15.3.             Recent Developments

15.4.             Financials (In Case of Listed Companies)

15.5.             Key Personnel

15.6.             SWOT Analysis

15.6.1. BASF SE

15.6.2. Saudi Basic Industries Corp

15.6.3. Arkema S.A.

15.6.4. Solvay S.A.

15.6.5. Evonik Industries AG

15.6.6. 3M Co.

15.6.7. L.Brueggemann GmbH & Co. KG

15.6.8. Ensinger GmbH

15.6.9. Colloids Ltd.

15.6.10.              Colortech Inc.

16.  Strategic Recommendations

Figures and Tables

Frequently asked questions

Frequently asked questions

The growing demand from various end-user industries, such as transportation (as plastic components used in the production of automobile parts due to their flexible, lightweight, thermally insulating, non-corrosive properties), medical (used in the production of medical equipment’s), electrical & electronics (help in the production of different parts), packaging (like food grade plastic used by food & beverage sector), and others are driving the growth of Global High-Performance Plastic Additives Market.

BASF SE, Saudi Basic Industries Corp, Arkema S.A., Solvay S.A., Evonik Industries AG, 3M Co., L.Brueggemann GmbH & Co. KG, Ensinger GmbH, Colloids Ltd., Colortech Inc. are some of the key players of Global High-Performance Plastic Additives Market.

Increasing demand & utilization of high-performance plastic additives in batteries and green technology applications as compared to regular plastic additives.

Asia Pacific region is expected to hold the largest market share over the next five years on account of the increase in E-commerce sector.

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