Plastic Antioxidants Market - Forecast(2025 - 2031)

Report Code: CMR 73199 Report Format: PDF + Excel
Plastic Antioxidants Market Size is forecast to reach $ 2,880 Million by 2030, at a CAGR of 3.90% during forecast period 2024-2030. With rise in plastic antioxidant products, there is rise demand for antioxidants in plastics. Antioxidants are added to plastics to inhibit degradation caused by thermo-mechanical or thermo-oxidative conditions. Antioxides extend a product's life, enhance the appearance and maintain its strength, stiffness and flexibility. Governments’ regulations for awareness in food packaging will further boost the market growth.
 
Report Coverage
 
The report: “Plastic Antioxidants market (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Plastic Antioxidants market Industry. 
 
By Resins: Polypropylene, Polyethylene, Polyvinyl Chloride, Polystyrene, Acrylonitrile Butadiene Styrene, Others
By Antioxidants: Phenolic, Phosphite & Phosphonite, Antixoidants Blends, Others
By End use: Automotive, Pharmaceutical, Food & Beverages, Others
By Geography: North America, South America, Europe, APAC, RoW
 
Key Takeaways
  • Asia-Pacific dominates the plastic antioxidants market, as it is the largest consumer of plastic products across the globe. 
  • The increase in plastics consumers products such as bottles, containers and others are majorly driving the demand for plastic antioxidants market in the region.
  • Increase in small industries in big countries such as China, India will give boost to the plastic antioxidants market.
  • Governments’ regulations towards plastics will create small hurdles for plastic antioxidants market. 
 
Resins – Segment Analysis
 
Polypropylene holds the largest market share in plastic antioxidants market, as this polymer is used in almost all the plastic products. Polypropylene is mostly preferred because of its features such as very resilient to wear, tear, and fatigue, it has very high melting point. It is also resilient to mold, rot, bacteria, and more – which means we can use it for extended periods in indoor and outdoor environments without risking damage. It is chemically resistant to most oils and solvents. So, polypropylene resin is one of the most used polymer in the world as due to its wide applications.
 
Antioxidants – Segment Analysis
Phenolic has the largest share in the market for plastic antioxidants market. Phenolic Plastics are a laminated plastic created by the impregnation of layers of a substrate with a resin then formed utilizing heat and pressure. Phenolic plastics are able to be machined, drilled, punched, sanded, tapped, turned, milled, sheared and cut. The dielectric properties make this an excellent insulator which is used in applications from electrical transformers to circuit boards. Workers who manufactured phenolic plastic molding compound and those who produced molded products from phenol resin materials were often exposed to dangerous fibres. So, they need to be very preventive at the time of manufacturing.
 
End use – Segment Analysis
 
Food and Beverages holds the largest market for the plastic antioxidants market as it consist of wide variety of products. Antioxidants plastics have played a very vital role in improving efficiency and safety of foods and beverages. Lightweight, versatile antioxidant plastics have a proven itself over decades of use in the processing and packaging of foods. Antioxidants plastics are mainly used for packaging. Without Packaging, the food and beverages market will be empty. To sell any product of food and beverages every company uses different kind of antioxidants plastics to store that particular item for a longer period of time, as it takes time to reach any product from industries to consumer.    
 
Geography – Segment Analysis
 
APAC holds the largest market share in the plastic antioxidants market, as APAC consists largest number of consumer of plastics. Countries such as India, China among others are the huge markets of plastics materials in almost every sector. Whereas food & beverages sector, in both of these countries have completely dominated the plastic antioxidants market, as there is a huge demand of different cuisines. So, packaging becomes the most essential part in these countries. Country like India where people of so many different caste & religions stay together with their different cultures and festivals. Similary, in China, people have its own different cultural and festivals. Food plays a very big part in these festivals, different festivals signifies different food in these countries. With the demand in different kind of food the demand for plastic antioxidants market also increases.
 
Drivers – Plastic Antioxidants Market
 
Growing demand of food and beverages market
 
With continuous increasing demand of food and beverages in the countries such as India, China among with others, plastics antioxidants market demand will also increase. In countries such as India and China, people here celebrate lots of festivals in different seasons, different festivals have its own ceremonies and own rules & regulations for worshipping the god. Similarly, different kinds of sacraments are also brought from the market, which were used to be a packaged sacrament. Those sacraments were also packed by antioxidants plastics.
 
Low Cost and Effective
 
Plastic antioxidants are very cheap and easy to manufacture. These are very easily available and can store any required material for a limited period of time. Because of its low cost, every industry such as Automotive, Pharmaceutical, Food and Beverages among with others uses it very regularly. Antioxidants plastics have played a very vital role in improving efficiency and safety of foods and beverages, as these are very vastly used to preserve the food quality.
 
Challenges – Plastic Antioxidants Market
 
Impact of Covid 19
 
The rapid spread of coronavirus has had a major impact on global markets as, major economies of the world are completely lockdown due to this pandemic. Because of this major lockdown, suddenly all the consumer market has started to show zero interest towards purchasing any goods. One of the major difficulties, market is facing are the shutdown of all kinds of International transportation. Global crisis for all sectors including shipping, which was hit by slowing demand in goods’ production and exports had slowdown the market for Plastic Antioxidants.
 
Market Landscape
 
Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Plastic antioxidants market. In 2019, the market of Plastic antioxidants has been consolidated by the top five players accounting for xx% of the share. Major players in the Plastic antioxidants market are BASF, SONGWON, Adeka Corporation, SI Group, Clariant, Solvay among others.
 
Acquisitions/Technology Launches
  • BASF opened its first phase of a new antioxidant manufacturing plant in Shanghai. Also, in 2018, the company expanded the production capacity for Irganox 1010 globally.
  • Wells Plastics will launch its high performance Antioxidant Masterbatch systems for recycled polypropylene and polyethylene at K2019.

Key Market Players:

The Top 5 companies in the Plastic Antioxidants Market are:
1 BASF SE
2. LANXESS
3. Solvay SA
4 Clariant

1. Plastic Antioxidants Market - Overview
        1.1 Definitions and Scope
2. Plastic Antioxidants Market - Executive summary
        2.1 Market Revenue, Market Size and Key Trends by Company
        2.2 Key Trends by type of Application
        2.3 Key Trends segmented by Geography
3. Plastic Antioxidants Market
        3.1 Comparative analysis
            3.1.1 Product Benchmarking - Top 10 companies
            3.1.2 Top 5 Financials Analysis
            3.1.3 Market Value split by Top 10 companies
            3.1.4 Patent Analysis - Top 10 companies
            3.1.5 Pricing Analysis
4. Plastic Antioxidants Market - Startup companies Scenario Premium
        4.1 Top 10 startup company Analysis by
            4.1.1 Investment
            4.1.2 Revenue
            4.1.3 Market Shares
            4.1.4 Market Size and Application Analysis
            4.1.5 Venture Capital and Funding Scenario
5. Plastic Antioxidants Market - Industry Market Entry Scenario Premium
        5.1 Regulatory Framework Overview
        5.2 New Business and Ease of Doing business index
        5.3 Case studies of successful ventures
        5.4 Customer Analysis - Top 10 companies
6. Plastic Antioxidants Market Forces
        6.1 Drivers
        6.2 Constraints
        6.3 Challenges
        6.4 Porters five force model
            6.4.1 Bargaining power of suppliers
            6.4.2 Bargaining powers of customers
            6.4.3 Threat of new entrants
            6.4.4 Rivalry among existing players
            6.4.5 Threat of substitutes
7. Plastic Antioxidants Market -Strategic analysis
        7.1 Value chain analysis
        7.2 Opportunities analysis
        7.3 Product life cycle
        7.4 Suppliers and distributors Market Share
8. Plastic Antioxidants Market - By Product Type (Market Size -$Million / $Billion)
        8.1 Market Size and Market Share Analysis
        8.2 Application Revenue and Trend Research
        8.3 Product Segment Analysis
9. Plastic Antioxidants Market - By Polymer Resin (Market Size -$Million / $Billion)
        9.1 Polypropylene
        9.2 Polyethylene
        9.3 Polyvinyl Chloride
        9.4 Polystyrene
        9.5 Acrylonitrile Butadiene Styrene
        9.6 Other Polymer Resins
10. Plastic Antioxidants Market - By Antioxidant Type (Market Size -$Million / $Billion)
        10.1 Phenolic Antioxidants
        10.2 Phosphite & Phosphonite Antioxidants
        10.3 Antioxidant Blends
        10.4 Other Antioxidants
11. Plastic Antioxidants - By Application Type (Market Size -$Million / $Billion)
        11.1 Segment type Size and Market Share Analysis
        11.2 Application Revenue and Trends by type of Application
        11.3 Application Segment Analysis by Type
12. Plastic Antioxidants- By Geography (Market Size -$Million / $Billion)
        12.1 Plastic Antioxidants Market - North America Segment Research
        12.2 North America Market Research (Million / $Billion)
            12.2.1 Segment type Size and Market Size Analysis
            12.2.2 Revenue and Trends
            12.2.3 Application Revenue and Trends by type of Application
            12.2.4 Company Revenue and Product Analysis
            12.2.5 North America Product type and Application Market Size
                12.2.5.1 U.S
                12.2.5.2 Canada
                12.2.5.3 Mexico
                12.2.5.4 Rest of North America
        12.3 Plastic Antioxidants- South America Segment Research
        12.4 South America Market Research (Market Size -$Million / $Billion)
            12.4.1 Segment type Size and Market Size Analysis
            12.4.2 Revenue and Trends
            12.4.3 Application Revenue and Trends by type of Application
            12.4.4 Company Revenue and Product Analysis
            12.4.5 South America Product type and Application Market Size
                12.4.5.1 Brazil
                12.4.5.2 Venezuela
                12.4.5.3 Argentina
                12.4.5.4 Ecuador
                12.4.5.5 Peru
                12.4.5.6 Colombia
                12.4.5.7 Costa Rica
                12.4.5.8 Rest of South America
        12.5 Plastic Antioxidants- Europe Segment Research
        12.6 Europe Market Research (Market Size -$Million / $Billion)
            12.6.1 Segment type Size and Market Size Analysis
            12.6.2 Revenue and Trends
            12.6.3 Application Revenue and Trends by type of Application
            12.6.4 Company Revenue and Product Analysis
            12.6.5 Europe Segment Product type and Application Market Size
                12.6.5.1 U.K
                12.6.5.2 Germany
                12.6.5.3 Italy
                12.6.5.4 France
                12.6.5.5 Netherlands
                12.6.5.6 Belgium
                12.6.5.7 Denmark
                12.6.5.8 Spain
                12.6.5.9 Rest of Europe
        12.7 Plastic Antioxidants - APAC Segment Research
        12.8 APAC Market Research (Market Size -$Million / $Billion)
            12.8.1 Segment type Size and Market Size Analysis
            12.8.2 Revenue and Trends
            12.8.3 Application Revenue and Trends by type of Application
            12.8.4 Company Revenue and Product Analysis
            12.8.5 APAC Segment - Product type and Application Market Size
                12.8.5.1 China
                12.8.5.2 Australia
                12.8.5.3 Japan
                12.8.5.4 South Korea
                12.8.5.5 India
                12.8.5.6 Taiwan
                12.8.5.7 Malaysia
                12.8.5.8 Hong kong
                12.8.5.9 Rest of APAC
        12.9 Plastic Antioxidants - Middle East Segment and Africa Segment Research
        12.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
            12.10.1 Segment type Size and Market Size Analysis
            12.10.2 Revenue and Trend Analysis
            12.10.3 Application Revenue and Trends by type of Application
            12.10.4 Company Revenue and Product Analysis
            12.10.5 Middle East Segment Product type and Application Market Size
                12.10.5.1 Israel
                12.10.5.2 Saudi Arabia
                12.10.5.3 UAE
            12.10.6 Africa Segment Analysis
                12.10.6.1 South Africa
                12.10.6.2 Rest of Middle East & Africa
13. Plastic Antioxidants Market - Entropy
        13.1 New product launches
        13.2 M&A s, collaborations, JVs and partnerships
14. Plastic Antioxidants Market - Industry / Segment Competition landscape Premium
        14.1 Market Share Analysis
            14.1.1 Market Share by Country- Top companies
            14.1.2 Market Share by Region- Top 10 companies
            14.1.3 Market Share by type of Application - Top 10 companies
            14.1.4 Market Share by type of Product / Product category- Top 10 companies
            14.1.5 Market Share at global level - Top 10 companies
            14.1.6 Best Practises for companies
15. Plastic Antioxidants Market - Key Company List by Country Premium
16. Plastic Antioxidants Market Company Analysis
        16.1 Market Share, Company Revenue, Products, M&A, Developments
        16.2 3V Sigma S.P.A
        16.3 A.Schulman
        16.4 Adeka Corporation
        16.5 Ampacet Corporation
        16.6 Astra Polymers Compounding Co Ltd.
        16.7 BASF
        16.8 Clariant
        16.9 Dover Chemical Corporation
        16.10 Emerald Performance Materials
        16.11 Evonik Industries
        16.12 Krishna Antioxidants Pvt. Ltd.
        16.13 Lanxess
        16.14 Milliken & Company
        16.15 Omnova Solutions Inc.
        16.16 Oxiris Chemicals S.A.
        16.17 Rifra Masterbatches S.P.A.
        16.18 SI Group
        16.19 Solvay
        16.20 Songwon
        16.21 Sumitomo Chemical
        16.22 Trigon Antioxidants Pvt. Ltd.Wells Plastics Ltd
        16.23 Company 22
        16.24 Company 23 & More
*Financials would be provided on a best efforts basis for private companies
17. Plastic Antioxidants Market - Appendix
        17.1 Abbreviations
        17.2 Sources
18. Plastic Antioxidants Market - Methodology
        18.1 Research Methodology
            18.1.1 Company Expert Interviews
            18.1.2 Industry Databases
            18.1.3 Associations
            18.1.4 Company News
            18.1.5 Company Annual Reports
            18.1.6 Application Trends
            18.1.7 New Products and Product database
            18.1.8 Company Transcripts
            18.1.9 R&D Trends
            18.1.10 Key Opinion Leaders Interviews
            18.1.11 Supply and Demand Trends

LIST OF TABLES

1.Global Plastic Antioxidants Market By Polymer Resin Market 2023-2030 ($M)
1.1 Polypropylene Market 2023-2030 ($M) - Global Industry Research
1.2 Polyethylene Market 2023-2030 ($M) - Global Industry Research
1.3 Polyvinyl Chloride Market 2023-2030 ($M) - Global Industry Research
1.4 Polystyrene Market 2023-2030 ($M) - Global Industry Research
1.5 Acrylonitrile Butadiene Styrene Market 2023-2030 ($M) - Global Industry Research
2.Global Plastic Antioxidants Market By Antioxidant Type Market 2023-2030 ($M)
2.1 Phenolic Antioxidants Market 2023-2030 ($M) - Global Industry Research
2.2 Phosphite & Phosphonite Antioxidants Market 2023-2030 ($M) - Global Industry Research
2.3 Antioxidant Blends Market 2023-2030 ($M) - Global Industry Research
3.Global Plastic Antioxidants Market By Polymer Resin Market 2023-2030 (Volume/Units)
3.1 Polypropylene Market 2023-2030 (Volume/Units) - Global Industry Research
3.2 Polyethylene Market 2023-2030 (Volume/Units) - Global Industry Research
3.3 Polyvinyl Chloride Market 2023-2030 (Volume/Units) - Global Industry Research
3.4 Polystyrene Market 2023-2030 (Volume/Units) - Global Industry Research
3.5 Acrylonitrile Butadiene Styrene Market 2023-2030 (Volume/Units) - Global Industry Research
4.Global Plastic Antioxidants Market By Antioxidant Type Market 2023-2030 (Volume/Units)
4.1 Phenolic Antioxidants Market 2023-2030 (Volume/Units) - Global Industry Research
4.2 Phosphite & Phosphonite Antioxidants Market 2023-2030 (Volume/Units) - Global Industry Research
4.3 Antioxidant Blends Market 2023-2030 (Volume/Units) - Global Industry Research
5.North America Plastic Antioxidants Market By Polymer Resin Market 2023-2030 ($M)
5.1 Polypropylene Market 2023-2030 ($M) - Regional Industry Research
5.2 Polyethylene Market 2023-2030 ($M) - Regional Industry Research
5.3 Polyvinyl Chloride Market 2023-2030 ($M) - Regional Industry Research
5.4 Polystyrene Market 2023-2030 ($M) - Regional Industry Research
5.5 Acrylonitrile Butadiene Styrene Market 2023-2030 ($M) - Regional Industry Research
6.North America Plastic Antioxidants Market By Antioxidant Type Market 2023-2030 ($M)
6.1 Phenolic Antioxidants Market 2023-2030 ($M) - Regional Industry Research
6.2 Phosphite & Phosphonite Antioxidants Market 2023-2030 ($M) - Regional Industry Research
6.3 Antioxidant Blends Market 2023-2030 ($M) - Regional Industry Research
7.South America Plastic Antioxidants Market By Polymer Resin Market 2023-2030 ($M)
7.1 Polypropylene Market 2023-2030 ($M) - Regional Industry Research
7.2 Polyethylene Market 2023-2030 ($M) - Regional Industry Research
7.3 Polyvinyl Chloride Market 2023-2030 ($M) - Regional Industry Research
7.4 Polystyrene Market 2023-2030 ($M) - Regional Industry Research
7.5 Acrylonitrile Butadiene Styrene Market 2023-2030 ($M) - Regional Industry Research
8.South America Plastic Antioxidants Market By Antioxidant Type Market 2023-2030 ($M)
8.1 Phenolic Antioxidants Market 2023-2030 ($M) - Regional Industry Research
8.2 Phosphite & Phosphonite Antioxidants Market 2023-2030 ($M) - Regional Industry Research
8.3 Antioxidant Blends Market 2023-2030 ($M) - Regional Industry Research
9.Europe Plastic Antioxidants Market By Polymer Resin Market 2023-2030 ($M)
9.1 Polypropylene Market 2023-2030 ($M) - Regional Industry Research
9.2 Polyethylene Market 2023-2030 ($M) - Regional Industry Research
9.3 Polyvinyl Chloride Market 2023-2030 ($M) - Regional Industry Research
9.4 Polystyrene Market 2023-2030 ($M) - Regional Industry Research
9.5 Acrylonitrile Butadiene Styrene Market 2023-2030 ($M) - Regional Industry Research
10.Europe Plastic Antioxidants Market By Antioxidant Type Market 2023-2030 ($M)
10.1 Phenolic Antioxidants Market 2023-2030 ($M) - Regional Industry Research
10.2 Phosphite & Phosphonite Antioxidants Market 2023-2030 ($M) - Regional Industry Research
10.3 Antioxidant Blends Market 2023-2030 ($M) - Regional Industry Research
11.APAC Plastic Antioxidants Market By Polymer Resin Market 2023-2030 ($M)
11.1 Polypropylene Market 2023-2030 ($M) - Regional Industry Research
11.2 Polyethylene Market 2023-2030 ($M) - Regional Industry Research
11.3 Polyvinyl Chloride Market 2023-2030 ($M) - Regional Industry Research
11.4 Polystyrene Market 2023-2030 ($M) - Regional Industry Research
11.5 Acrylonitrile Butadiene Styrene Market 2023-2030 ($M) - Regional Industry Research
12.APAC Plastic Antioxidants Market By Antioxidant Type Market 2023-2030 ($M)
12.1 Phenolic Antioxidants Market 2023-2030 ($M) - Regional Industry Research
12.2 Phosphite & Phosphonite Antioxidants Market 2023-2030 ($M) - Regional Industry Research
12.3 Antioxidant Blends Market 2023-2030 ($M) - Regional Industry Research
13.MENA Plastic Antioxidants Market By Polymer Resin Market 2023-2030 ($M)
13.1 Polypropylene Market 2023-2030 ($M) - Regional Industry Research
13.2 Polyethylene Market 2023-2030 ($M) - Regional Industry Research
13.3 Polyvinyl Chloride Market 2023-2030 ($M) - Regional Industry Research
13.4 Polystyrene Market 2023-2030 ($M) - Regional Industry Research
13.5 Acrylonitrile Butadiene Styrene Market 2023-2030 ($M) - Regional Industry Research
14.MENA Plastic Antioxidants Market By Antioxidant Type Market 2023-2030 ($M)
14.1 Phenolic Antioxidants Market 2023-2030 ($M) - Regional Industry Research
14.2 Phosphite & Phosphonite Antioxidants Market 2023-2030 ($M) - Regional Industry Research
14.3 Antioxidant Blends Market 2023-2030 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Plastic Antioxidants Market Revenue, 2023-2030 ($M)
2.Canada Plastic Antioxidants Market Revenue, 2023-2030 ($M)
3.Mexico Plastic Antioxidants Market Revenue, 2023-2030 ($M)
4.Brazil Plastic Antioxidants Market Revenue, 2023-2030 ($M)
5.Argentina Plastic Antioxidants Market Revenue, 2023-2030 ($M)
6.Peru Plastic Antioxidants Market Revenue, 2023-2030 ($M)
7.Colombia Plastic Antioxidants Market Revenue, 2023-2030 ($M)
8.Chile Plastic Antioxidants Market Revenue, 2023-2030 ($M)
9.Rest of South America Plastic Antioxidants Market Revenue, 2023-2030 ($M)
10.UK Plastic Antioxidants Market Revenue, 2023-2030 ($M)
11.Germany Plastic Antioxidants Market Revenue, 2023-2030 ($M)
12.France Plastic Antioxidants Market Revenue, 2023-2030 ($M)
13.Italy Plastic Antioxidants Market Revenue, 2023-2030 ($M)
14.Spain Plastic Antioxidants Market Revenue, 2023-2030 ($M)
15.Rest of Europe Plastic Antioxidants Market Revenue, 2023-2030 ($M)
16.China Plastic Antioxidants Market Revenue, 2023-2030 ($M)
17.India Plastic Antioxidants Market Revenue, 2023-2030 ($M)
18.Japan Plastic Antioxidants Market Revenue, 2023-2030 ($M)
19.South Korea Plastic Antioxidants Market Revenue, 2023-2030 ($M)
20.South Africa Plastic Antioxidants Market Revenue, 2023-2030 ($M)
21.North America Plastic Antioxidants By Application
22.South America Plastic Antioxidants By Application
23.Europe Plastic Antioxidants By Application
24.APAC Plastic Antioxidants By Application
25.MENA Plastic Antioxidants By Application
26.BASF, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Songwon, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Adeka Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Solvay, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.SI Group, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Clariant, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Sumitomo Chemical, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.3V Sigma S.P.A, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Dover Chemical Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)