Medical Coatings Market Value Share, Supply Demand, share and Value Asia Pacific Plastic Additives Market size | Page 5

Report
Description
Report Description
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Growth prospects in the plastic additives market are vast and numerous players in the
market are constantly investing and focusing on innovations in this industry through the use
of plastic additives. BASF, Chemtura Corporation, Exxon Mobil Corporation, Clariant Ltd.,
Bayer AGand Kaneka are some major players in the plastic additives market. The overall
chemical industry has grown at around 2% to 5%, which is positive sign for the evolving
plastic additives market.
Plastic additives is an evolving industry with a whole range of property extenders, modifiers,
stabilizers and processing aids. In today’s world, each activity of modern day life in
influenced by plastics and it is widely depended upon. Just to name a few, auto parts,
medical equipment, telecommunication instruments, electronic devices, entertainment and
leisure objects, insulators another gadgets are produced from plastic, which would not be
possible without plastic additives. Plastic additives are safe, offer strength, give aesthetic
appearance, last longer and reduce production costs
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