Plastic Additives Market Growth Analysis and Key Industry Players Forecast to 2031
Plastic additives enhance durability, flexibility, UV resistance, and longevity of construction materials fueling robust market growth.
WILMINGTON, DE, UNITED STATES, December 9, 2025 /EINPresswire.com/ -- The demand for plastic additives continues to rise, driven by the expanding construction industry and rapid developments in high-performance plastic applications. According to Allied Market Research's latest report, the global plastic additives market, valued at $48.6 billion in 2020, is projected to reach $79.1 billion by 2030, registering a CAGR of 5.1% (2021β2030).ππ¨π°π§π₯π¨ππ πππ¦π©π₯π πππ ππ¬ π¨π πππ¬πππ«ππ‘ ππ―ππ«π―π’ππ°: https://www.alliedmarketresearch.com/request-sample/220
Market Drivers & Opportunities:
- Construction sector adoption: Plastic additives enhance durability, flexibility, UV resistance, and longevity of construction materialsβfueling robust market growth.
- Technological advancements: Innovations in high-performance plastics support wider use across healthcare, automotive, and electronics.
- Sustainability focus: Waste-management initiatives and government-promoted lubricant applications across APAC offer strong future growth opportunities.
However, certain environmental and performance concerns related to lubricants pose challenges for the industry.
Segmental Highlights:
By Type:
- Plasticizers led the market with nearly one-third share in 2020, driven by their extensive use in PVC to enhance softness, flexibility, and durability.
- Antioxidants are expected to grow the fastest with a CAGR of 5.7%, supported by rising demand for longer-lasting, oxidation-resistant materials.
By Plastic Type:
- High-performance plastics dominated in 2020, accounting for around three-fifths of the total marketβboosted by the rise in advanced medical devices and healthcare investments.
- Commodity plastics are projected to grow at the fastest CAGR of 6.0%, supported by their widespread use in packaging, electronics, pharmaceuticals, and consumer goods.
Regional Insights:
- Asia-Pacific (followed by Europe and North America) accounted for nearly three-fifths of the market in 2020 and is expected to remain the fastest-growing region (CAGR 5.7%).
- Surging plastic consumption in China and India continues to propel regional growth.
Key Market Players:
- BASF SE
- Clariant Ltd.
- Songwon Industrial Co. Ltd.
- Evonik Industries AG
- Exxon Mobil Corporation
- Kaneka Corporation
- Albemarle Corporation
- Lanxess Corporation
- Nouryon
- Dow Chemical Co.
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About Us:
Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
David Correa
Allied Market Research
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