Plastic Additives Industry Statistics

The global plastic additives industry is expected to experience steady growth over the forecast period due to increasing demand for plastics in various end-use industries.

Statistic 1

"The global Plastic Additives market was valued at USD 44.26 billion in 2016."

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Statistic 2

"It is expected to reach USD 64 billion by the year 2025."

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Statistic 3

"The industry is anticipated to grow at a CAGR of 4.5% from 2020 to 2027."

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Statistic 4

"Plasticizers accounted for more than 50% of the total demand in 2019."

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Statistic 5

"Asia Pacific market was the highest revenue generator in 2019."

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Statistic 6

"Antioxidants plastic additives segment is predicted to witness CAGR of 4.8%."

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Statistic 7

"By 2027, Bio-based plastic additives are projected to reach a market size of $ 1.7 million."

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Statistic 8

"The global demand for plastic additives is increasing due to the expanding packaging sector."

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Statistic 9

"Rising urbanization is set to increase the market size of plastic additives from 2020 to 2026."

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Statistic 10

"The plastic additives industry is being driven by a rising demand for lightweight materials in the automotive sector."

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Statistic 11

"By 2027, the flame retardants segment is projected to reach $9.6 billion."

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Statistic 12

"In 2019, packaging accounted for 33.0% of the overall plastic additives demand."

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Statistic 13

"The Middle East & Africa are projected to grow at a significant rate in the plastic additives industry over the forecast period."

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Statistic 14

"In 2020, the flame retardants plastic additives segment accounted for 17% of the overall market revenue."

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Statistic 15

"The Europe plastic additives market size is predicted to reach $14.4 billion by 2028."

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Statistic 16

"Plastic Additives Consumption in India has grown by 13% in 2019."

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Statistic 17

"The construction sector is projected to witness a CAGR of over 4.7% through to 2027."

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Statistic 18

"The U.S. accounts for around 84% of the North American Plastic Additives market."

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