Infinium Global Research Global Plastic Additive Market Trend analysis and | Page 2

The report on plastic additive by Infinium Global Research analyses the plastic
additive Market over the period of 2017 to 2023. This report also provides
detailed qualitative and quantitative analyses of the market dynamics, market
size and future trends in Global plastic additive Market. It will help a lot of
decision makers to develop strategies and find new opportunities in the Global
plastic additive Market.
The market size of global plastic additive market was valued over USD 38.50
billion in 2015 and it is projected to grow with a CAGR between 4.9% and
5.0% during the forecast period of 2016-2022 to surpass USD 55 billion by
2022. Plastic additives are chemical added polymers which are used to
enhance the end user properties of plastic. The polymers used in the plastic
are mixed with monomeric units and are not in their pure form, but are
harmless. These monomers i.e monomeric units are known as plastic additives
and are classified as reinforcing fibers, coupling agents, stabilizers, colorants,
fillers, processing aids, flame retardants, peroxides and antistatic agents.
Plastic additives majorly aim to improve the processing characteristics and
properties of plastic and to enhance end user performance. Furthermore,
plastic additives facilitate safe handling during the manufacturing of finished
products.
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