Home Press Releases Plastics Modifiers Market to grow at a CAGR of 5.2 percent during the forecast period

Plastics Modifiers Market to grow at a CAGR of 5.2 percent during the forecast period

by Press Room


(EMAILWIRE.COM, July 10, 2023 ) The “Plastics Modifiers Market” was valued USD 4.4 Bn in 2022 and is expected to grow at a CAGR of 5.2 percent over the forecast period to reach USD 6.60 Bn by 2029.

Plastics Modifiers Market Scope and Research Methodology

The report provides an analysis of the Plastics Modifiers Market covering major aspects such as segments, country-wise, and region-wise. The report includes a detailed analysis of the Plastics Modifiers Market by country, regional and global presence.

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Plastics Modifiers Market Dynamics

Increased demand for sustainable and bio-based plastic modifiers is expected to boost the Plastic Modifiers market growth. Advancements in Plastic Modifiers present a lucrative opportunity for market growth. The high cost of plastic modifiers is expected to restrain the Plastic Modifiers market growth.

Plastics Modifiers Market Regional Insight

Asia Pacific region is expected to boost the Plastics Modifiers market growth over the forecast period. Increasing demand for plastic modifiers in industrial applications is expected to boost the regional market growth.

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Plastics Modifiers Market Segmentation

By Type:

Acrylonitrile Butadiene Styrene

Acrylic Impact Modifiers

Acrylonitrile Styrene Acrylate

Methacrylate Butadiene Styrene

Ethylene Propylene Diene Monometer

Chlorinated Polyethylene

Other

By Plastic Type:

Polyvinyl Chloride

Nylon

Polybutylene Terephthalate

Engineering Plastics

Other

By End Use Industry:

Polyvinyl Chloride

Nylon

Polybutylene Terephthalate

Engineering Plastics

Other

Plastics Modifiers Market Key Players Include

BASF SE – Germany

Dow Chemical Company – USA

Clariant AG – Switzerland

Kaneka Corporation – Japan

Mitsubishi Chemical Corporation – Japan

Solvay S.A. – Belgium

Arkema SA – France

Covestro AG – Germany

Songwon Industrial Co. Ltd. – South Korea

Sumitomo Chemical Company Limited – Japan

Cabot Corporation – USA

Ampacet Corporation – USA

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Maximize Market Research is leading Material & Chemical research firm, has also published the following reports:

Plastic Additives Market : The market size is expected to reach USD 71.97 Bn by 2029 at a CAGR of 4.8 percent during the forecast period.

Impact Modifier Market : The total market size is expected to reach USD 6.02 Bn by 2029 at a CAGR of 5.7 percent over the forecast period.

About Maximize Market Research:

Maximize Market Research provides B2B and B2C research on 6,500 high-growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.



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