Global $3.6 Bn Plastic Antioxidants Markets to 2026 with North America Accounting for $730 Million and Asia-Pacific Accounting for $1.6 Billion

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Dec 24, 2021, 11:30 ET

DUBLIN, Dec. 24, 2021 /PRNewswire/ -- The "Plastic Antioxidants: Global Markets to 2026" report has been added to ResearchAndMarkets.com's offering.

The global market for plastic antioxidants is estimated to grow from $2.9 billion in 2021 to $3.6 billion by 2026, with a compound annual growth rate (CAGR) of 4.8% during 2021-2026.

The North American market for plastic antioxidants is estimated to grow from $598.6 million in 2021 to $730.1 million by 2026, with a CAGR of 4.1% during 2021-2026.
The Asia-Pacific market for plastic antioxidants is estimated to grow from $1.2 billion in 2021 to $1.6 billion by 2026, with a CAGR of 5.6% during 2021-2026.

Report Scope

This report will cover all the commercially available plastic antioxidants that are actively being utilized and consumed by key end-user industries in the plastic antioxidants market. Its scope will also include all the applications in which plastic antioxidants are used. Furthermore, the plastic antioxidants industry will also be thoroughly analyzed at the regional and country level.

Plastic polymer is a material that is widely utilized for food storage and protection due to the various advantages it offers such as low production cost, good resistance, content protection and reduced environmental impact.

However, to improve and preserve polymer qualities, additives such as antioxidants, ultraviolet (UV) stabilizers, antistatic agents, plasticizers, lubricants, thermal stabilizers, photoinitiators and others are added during the manufacturing process. There is, however, growing concern that when a plastic package encounters food, these additives could migrate into the food during the production or storage stages and affect consumer health.

To study this, a number of toxicological studies and reports on the genotoxicity of polymer additives have been conducted. As a result, when assessing the safety of food packaging materials to manage food quality, it has become critical to not only determine the concentrations of these additives in polymers but also to track their quantification and specific migration levels (SMLs).

Antioxidants, UV stabilizers, plasticizers and photoinitiators are among the many polymer additives found in plastic. Nowadays, plastic plays a significant role in society. Thus, polymer additives antioxidants, UV stabilizers and photoinitiators have received increased attention, particularly in food safety.

Antioxidants are natural and manufactured substances that can scavenge free radicals and inhibit the oxidation process. Phenolic antioxidants (AOs), often known as primary antioxidants, are very effective, non-discoloring stabilizers for oxidizable organic substrates such as plastics, synthetic fibers, elastomers and waxes. Phenolics are generally employed to safeguard the finished product by acting as free radical scavengers.

Phosphite antioxidants, also known as secondary antioxidants, function as peroxide decomposers, preserving the polymer and assuring color preservation in oxidation-prone organic polymers, particularly during processing.

Thioester antioxidants degrade and neutralize hydroperoxides produced by polymer oxidation. Thioesters are used to guard against heat aging and to preserve color. Amino antioxidants aid in the preservation of physical and surface qualities such as color, scorch and heat resistance.

Binary blends combine a primary (phenolic) antioxidant with a secondary (phosphite) antioxidant for maximum stability throughout processing and service life.

Comprehensive company profiles of the leading industry players, including ADEKA Corp., BASF SE, Clariant AG, Dover Chemical Corp., Evonik Industries, LANXESS, LyondellBasell, and Sumitomo Chemical Co., Ltd.

Key Topics Covered:

Chapter 1 Introduction

Chapter 2 Summary and Highlights

Chapter 3 Market Overview

Introduction
Definition of Plastic Antioxidants
Classification of Antioxidants
Primary Antioxidants
Secondary or Synthetic Antioxidants
Pricing Analysis
Technological Background and Advancements
Industry Concept
Importance of the Industry
Market Overview of the Plastic Industry
Market Dynamics
Drivers
Restraints
Opportunity
Challenges
Trends

Chapter 4 Impact of a COVID-19 on Global Market for Plastic Antioxidants

Introduction
Impact of COVID-19 on the Packaging Industry
Impact of COVID-19 on the Construction Industry
Impact of COVID-19 on the Automotive Industry
Impact of COVID-19 on the Electrical and Electronics Industry

Chapter 5 Value Chain/Supply Chain Analysis

Value Chain Analysis
Raw Materials
Monomer
Polymer
Plastics Processing
Consumers
Waste Management

Chapter 6 Global Market for Plastic Antioxidants by Type

Introduction
Phenolic
Phosphite and Phosphonite
Antioxidant Blends
Others

Chapter 7 Global Market for Plastic Antioxidants by Polymer Resin

Introduction
Polyethylene
Molecular Structure and General Properties
Classifications of Polyethylene
Applications
Polypropylene
Grades Available
Applications
Polyvinyl Chloride
Additives and PVC
Advantages of PVC
Applications
Polystyrene
Uses and Advantages
Acrylonitrile Butadiene Styrene
Advantages
Disadvantages
Applications
Others
Polyurethane

Chapter 8 Global Market for Plastic Antioxidants by Application

Introduction
Packaging
Advantages of Plastic Packaging
Construction
Benefits of Plastic Antioxidants
Automotive
Electric Vehicles' Influence on Polymer Consumption
Electrical and Electronics
Electrical Insulation
Heat Insulation
Household
Others
Sport and Leisure
Energy

Chapter 9 Global Market for Plastic Antioxidants by Region

North America
U.S.
Canada
Mexico
Europe
Germany
Italy
France
Spain
U.K.
Rest of Europe
Asia-Pacific
China
India
Japan
Rest of Asia-Pacific
South America
Middle East and Africa

Chapter 10 Competitive Market Analysis

Ranking of Top Companies Offering Antioxidants
Mergers and Acquisitions
Innovations in Plastics
Bacteria Capable of Breaking Down Plastics
Biodegradable Bioplastics for Food Packaging
Recyclable Toothpaste Tubes
Roads Made of Plastic
Tennis Shoes Made of Ocean Plastic
Plastic Recycled for Beauty Packaging
3D-Printed Plastic Braces
Shelter from Plastics
Plastics Industry Trends Predicted to Impact Manufacturers in 2022
Sustainability
Bioresins and Environmentally Friendly Plastic Additives
Plastics with Added Strength
Efficiency of 3D Printing and Production
Automation and Industry 4.0

Chapter 11 Company Profiles

3V Sigma
Adeka Corp.
Ampacet Corp.
Astra Polymers Compounding Co., Ltd.
BASF SE
Clariant
Dover Chemical Corp.
Everspring Chemical Co., Ltd.
Evonik Industries
Krishna Antioxidants Pvt. Ltd.
Lanxess
Lyondellbasell Industries Holdings B.V.
Milliken & Co.
Oxiris Chemicals S.A.
Rianlon Corp.
Rifra Masterbatches S.P.A.
Sakai Chemical Industry Co., Ltd.
Shandong Linyi Sunny Wealth Chemicals Co., Ltd.
Sk Capital Partners
Songwon
Solvay
Sumitomo Chemical Co., Ltd.
Trigon Antioxidants Pvt. Ltd.
Wells Plastics Ltd.

For more information about this report visit https://www.researchandmarkets.com/r/s9srlj

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