Materials & Chemicals / Foliar Spray Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions And By Key Players EuroChem Group AG, Nutrien, K+S Aktiengesellschaft, Yara International ASA, Israel Chemicals Ltd
Foliar Spray Market - Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players EuroChem Group AG, Nutrien, K+S Aktiengesellschaft, Yara International ASA, Israel Chemicals Ltd
Acknowledging the kind of traction gained by this market, recently published a study report asserts the global Synthetic Antioxidants Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of around 6.5% during the review period (2022 to 2027).
Synthetic Antioxidants Market Overview
Antioxidants in food & beverage industry are primarily used as preservatives. However, exponential increase in the global population is expected to increase its antioxidants market growth in other industries such as pharmaceutical and animal fodder. Asia-Pacific has high number of undernutrition cases, resulting in high demand for antioxidants supplements. Moreover, farmers are being encouraged to feed fodder with antioxidants, to their cattle to enhance their milk yield.
Companies have shifted their focus on rosemary extract, as it has more antioxidant content than others, provides longer shelf life, and prevents premature aging; consequently, it has witnessed an increase in demand. In fact, many companies in the U.S. have made substantial investments for the development of antioxidant medicines.
Industry News:
BASF inaugurates the second phase of its new antioxidants manufacturing plant in Shanghai
Hong Kong SAR, China – December 17, 2019 – BASF today inaugurated the second phase of its new, world-scale antioxidants manufacturing plant at its Caojing site in Shanghai, China. The second phase comprises a synthesis plant to produce the antioxidants Irgafos® 168 and Irganox® 1076. With the completion of the second phase, the plant will have an annual capacity of 42,000 tons, mainly serving customers in China.
What are the major Applications, Types and Regions for Synthetic AntioxidantsMarket?
By Type, it is segmented into
Amines
Hindered Phenols
Phosphites
Thioesters
Others
By Applications
Rubber and Latex
Plastics
Food and Feed
Petroleum Fuels
Others
Synthetic Antioxidants Market Regional Analysis
The Asia Pacific in 2020 held the largest antioxidants market share and stood at USD 1.71 billion. The region is showcasing significant growth in the market, as it is one of the biggest consumers of fuel. The rising population and fastest-growing demand for fuel from various end-use sectors, such as power generation industries and transportation, are likely to boost the market growth. According to a report published by BP International Limited, 2019, Asia Pacific consumed 1,651.3 million tons of oil in 2018 as fuel. In addition to this, the large processed food sector of the region also helps in driving the market.
All these factors greatly affect the Synthetic Antioxidants Market growth. It further aims at providing complete overview on detailed assessment of significant features of different industries including sales volume, market revenue, and demand size, sales growth, pricing analysis and changing market growth factors in regions such as Follows,
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 Synthetic Antioxidants Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Synthetic Antioxidants Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
What is our Synthetic Antioxidants Market report scope?
Report Attributes
Report Details
Forecast Period 2022 to 2028 CAGR
CAGR of 6.5 % during the review period (2022 to 2027).
Yes, the report can be customized as per your needs
Key Takeaways from this Healthcare IT Report
Evaluate Synthetic Antioxidants 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.
Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.
Get a quick outlook on the Synthetic Antioxidants Market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.
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 Synthetic Antioxidants Market is studied from 2017 - 2027.
What is the growth rate of Synthetic Antioxidants Market?
The Synthetic Antioxidants Market is growing at a CAGR of 6.5% over the next 5 years.
Who are the key players in Synthetic Antioxidants Market?
SECONDARY RESEARCH Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.