Infinium Global Research Global Plastic Additive Market Trend analysis and | Page 3

Rapidly increasing usage of plastics in industrial manufacturing, construction,
automotive and mechanical engineering coupled with increasing cost of natural
metal are the major factors driving the growth of plastic additives market.
Increasing costs of natural metals has increased preferences for plastic
additives. Moreover, augmented household applications and lower cost of
plastic products are likely to boost the growth of this market over the forecast
period. On the other hand, the global plastic additives market is restrained by
stringent government regulation on limited usage of plastic and environmental
policies. Due to introduction of bans and regulatory obligations in recent years
on usage of wide range of plastic additives is likely to hamper the growth of
this market over the forecast period. Going forward, consistently increasing
application of plastic additives is likely to increase opportunities to the players
in this market over the forecast period.
Segments Covered:
The report segments the global market plastic additives market by additives
type, by function, by application and by region. Market segmentation based on
types of additives includes plasticizers, stabilizers, flame retardants, impact
modifiers, and others. Plasticizers registered major market share of the plastic
additive market and is largely used to process polymers and are less
expensive than other additives. On the basis of function market is segmented
into property modifiers, property stabilizers, property extenders and
processing aids, while the application segment comprises packaging,
Infinium Global Research