Auxiliary materials without alternatives: Ceresana study on the global market for plastic additives
Source: Ceresana , Author: Posted by BI-ME staff
Posted: Tue March 5, 2019 1:59 pm

INTERNATIONAL. Most of the time, plastics would be useless without additives. Additives facilitate the processing of plastics, protect against heat and UV rays, and expand the range of properties by modifying material characteristics. "Only additives make it possible to permanently use plastics in ever new applications" explains Oliver Kutsch, CEO of Ceresana.

The market research company analyzed the complete world market for all major plastic additives for the second time: fillers, plasticizers, pigments, flame retardants, stabilizers, impact modifiers, slip agents, antioxidants, blowing agents, as well as other plastic additives.

Rising Demand for Plastic Additives
Global demand for plastic additives amounts to approx. 33.3 million tonnes every year. More than half of this amount is processed in Asia-Pacific. North America and Western Europe follow at a great distance. As plastics are more practicable and lighter most of the time, they increasingly replace other materials such as wood or metal. Therefore, demand for plastic additives will continue to increase in the years to come. The latest study of Ceresana examines the respective development of particular plastic additives in the 16 most important countries in detail.

Construction Industry Is the Major Consumer
Plastics are increasingly used in all industries as they are more safe, more reliable, more lightweight, and cheaper. Many plastics are used in the construction industry in particular: They are increasingly becoming the first choice regarding, among others, the thermal insulation of buildings. The construction industry has to be convincing in many disciplines, for example efficiency, quality, environmental, and fire protection. Hence, the highest amount of plastic additives worldwide is utilized in this application area.

The second highest amount of plastic additives is processed in the segment packaging: Plastic packaging becomes more and more popular since it is light, easy to handle, microwavable, and visually appealing. It is possible to recognize the contents easily and the products remain preserved and rich in flavor for a long time. Ceresana also forecasts a continuously rising demand for plastic additives in this application area. Vehicle manufacturers and the electrical and electronics industry are important consumers as well.

No PVC without Plasticizers
In this study, the use of additives in various plastic types is examined in more detail, that is, in polyvinyl chloride (PVC), polyethylene, polypropylene, polyurethane, engineering plastics, and other plastics.

Since PVC is a brittle, hard, and white material, the worldwide highest amount of additives is applied in this plastic type to adapt it to diverse applications. PVC manufacturers are by far the largest consumer of plasticizers, which make plastics softer, more flexible, smoother, and more elastic. For example, plasticizers are used for the production of cable sheathing and floorings.

Fillers Are Most Frequently Added
Over 50% of the worldwide used plastic additives are fillers. Plasticizers and pigments rank second and third. More than 17.6 million tonnes of fillers are utilized for plastics every year. In general, cost-effective fillers increase the volume of the mixture of materials without altering the main characteristics.

Additionally, the production of highly-filled plastics with properties tailored to meet the exact needs of individual costumers is rising as well: They contain up to 85% of fillers, possess excellent mechanical properties, and are even more cost-effective than conventional materials in many cases.

The Study in Brief:

Chapter 1 provides a description and analysis of the global market for plastic additives – including forecasts up to 2025: For each region of the world, demand in tonnes and revenues in US dollars and euros are given for each region of the world. Furthermore, global and regional demand per product type and application area is analyzed.

The following plastic additive types are examined individually:
Fillers
Plasticizers
Pigments
Flame Retardants
Stabilizers
Impact Modifiers
Slip Agents
Antioxidants
Blowing Agents
Other Plastic Additives

Application areas analyzed in this study are:
Packaging
Construction
Transportation
Electrical & Electronics
Industry
Other Applications

Chapter 2 examines 16 countries in more detail. Country-specific demand, demand per additive type, additive demand per plastic type as well as revenues are depicted. Furthermore, demand per individual application areas is analyzed.

Plastic types examined individually are:
Polyvinyl Chloride (PVC)
Polypropylene (PP)
Polyethylene (HDPE & LDPE)
Polyurethanes (PUR)
Engineering Plastics
Other Plastics

Chapter 3 provides company profiles of the largest manufacturers of plastic additives – clearly arranged according to contact details, revenues, profit, product range, production sites, and profile summary. Extensive profiles of 69 manufacturers are given, including Aditya Birla, BASF, Clariant International., DIC Corporation, DowDuPont, Evonik Industries, Imerys, Lanxess, Mitsubishi Chemical Corporation, and Rio Tinto.

For more information, please click here

Photo Caption:  Ceresana  Rigid Plastic Packaging Study Cover - modified to fit 

About Ceresana
Ceresana is a leading international market research institute specialized on the segments chemicals, plastics, industrial goods, and packaging. The company has been providing more than 10,000 customers from trade and industry in 60 countries with up-to-date analyses for over 15 years. The services of Ceresana for manufacturers, processors, and associations include customized single-client studies and more than 160 multi-client market studies.

Learn more about Ceresana at www.ceresana.com/en

 

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