Additives Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Clariant AG (Swiss :CLN.SW), Dow Inc. (NYSE :DOW)

Acknowledging the kind of traction gained by this market, industrydataanalytics recently published a study report that asserts the global Additives Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 4.6% during the review period (2022 to 2027).

Additives Market Overview:

The additive is an active substance that is added to improve specific properties such as performance, texture, efficiency, shelf life, and productivity. Various types of additives are available in the market such as plastic additives, food additives, construction additives, lubricant additives, fuel additives, coating additives, and agrochemical additives. Plastic products that are used in applications such as a synthetic bumpers, dashboards, steering wheels, plastic hypodermic syringes, and artificial hip joints are made up of polymer mixed with a composite combination of materials known as plastic additives. Food additives are substances that are added to food products to improve shelf life as well as enhance flavor, appearance, and other sensory qualities.

Recent Development:

Clariant delivered strong growth in Q4 2021 and record profitability in FY 2021

“Clariant concluded the independent investigation and today presented its audited full year 2021 financials. We are pleased to announce markedly higher organic sales growth and a record profitability level in 2021 which is also well above 2019 pre-COVID-19 pandemic levels. We were able to successfully manage the challenges from unprecedented developments in raw materials, as well as energy and logistics costs. These results positively reflect the attractiveness of the Group’s higher-value specialty portfolio and provide tangible proof of the continued effective execution of cost discipline and our performance improvement programs,”.

What are the major Applications, Types, and Regions of the Additives Market?

By Type, it is segmented into

• Plastic Additive


• Food Additive


• Construction Additive


• Lubricant Additive


• Fuel Additive


• Coating Additive


• Agrochemical Additive


• Medicated Feed Additive


• Others

By Applications, it is segmented into

• Packaging


• Food & Beverage


• Building & Construction


• Chemical


• Automotive


• Aerospace


• Animal Husbandry


• Others

Additives Market Regional Analysis

The Asia-Pacific additives market size is projected to grow at the highest CAGR of 5.3% during the forecast period and accounted for 38.3% of additives market share in 2020. Rheology modifiers, dispersing, wetting agent, impact modifier, and anti-foaming additives used in outer coating materials of railways and submarines. This, in turn, has forced additives manufacturers to multiply the production of additives, which exhibit high resistance to corrosion, thereby protection the outer surfaces. Thus, development of the transportation sector majorly the railway sector in Japan and submarines & ships manufacturing sectors in China and India act as the key factors augmenting the growth of the additives market in Asia-Pacific.

•  North America
  
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East & Africa
  
  
  • Latin America
  
  
  
  

The Additives market has been studied across North America, Europe, Asia Pacific, Latin America, the Middle East & Africa. The Asia Pacific is expected to dominate the most significant market owing to rising demand for natural gas mainly across the countries like India, China, and Japan among others. China has the fastest-growing investment in LNG stations, as its focus on cleaner energy for industrial and commercial transportation is anticipated to drive the market across the region. Following Asia-Pacific, Europe, and North America and have implemented stringent laws to reduce emissions & are more focused on renewable energy projects and energy-efficient sectors the rise in commercial and industrial transportation has led to the expansion of LNG stations across the region, and are the second-largest region in the global Additives market. In Latin America government has reduced the importation tariffs for LNG-powered vehicles, enhancing the market landscape of Additives positively.

Additives Market Report Scope:

Key Takeaways from this Additives Report

• Evaluate Additives market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.


• Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.


• Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.


• Analyze the sales and distribution channels across geographies to enhance top-line revenues.

All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.

Frequently Asked Questions

What is the study period of this market?

The Additives Market is studied from 2017 - 2027.

Who are the key players in Additives Market?

BASF SE, Clariant AG (Swiss :CLN.SW), Dow Inc. (NYSE :DOW)., Evonik Industries AG, Lanxess AG, Eastman Chemical Company, Milliken Chemical, PolyOne Corporation, Sanitized AG, BioCote Limited. Others.

What are the significant types of Additives Market?

Plastic Additive, Food Additive, Construction Additive, Lubricant Additive, Fuel Additive, Coating Additive, Agrochemical Additive, Medicated Feed Additive, Others.

What are the major end-use applications of Additives Market?

Packaging, Food & Beverage, Building & Construction, Chemical, Automotive, Aerospace, Animal Husbandry, Others.

What segments are covered in the Additives Market report?

The Global Additives Market is segmented on the basis of Product, Application, and Geography.

How can I get a sample report/company profile for the Additives Market?

The sample report for the Additives Market can be obtained on demand from the website. Also, the 24*7 chat support & direct call services are provided to procure the sample report.