Plastic Additives Market Revenue and Value Chain 2014-2020
Plastic additives are chemicals added in a polymer to modify its properties. The polymers used in plastics are combined with monomeric units and are not in their pure form, but are harmless. The objective is to improve the processing characteristics and properties of plastics and to enhance performance. These monomers are known as plastic additives and can be classified as reinforcing fibres, coupling agents, stabilizers, colorants, fillers, processing aids, flame retardants, peroxides and antistatic agents. Plastic additives enable safe handling of the plastic during the manufacture of finished products. The stabilizing plastic additives are halogen stabilizers, ultraviolet absorbers, antioxidants and biological preservatives. Also, there are processing aids such as lubricants and flow controls.
Plastic additives are chemicals added in a polymer to modify its properties. The polymers used in plastics are combined with monomeric units and are not in their pure form, but are harmless. The objective is to improve the processing characteristics and properties of plastics and to enhance performance. These monomers are known as plastic additives and can be classified as reinforcing fibres, coupling agents, stabilizers, colorants, fillers, processing aids, flame retardants, peroxides and antistatic agents. Plastic additives enable safe handling of the plastic during the manufacture of finished products. The stabilizing plastic additives are halogen stabilizers, ultraviolet absorbers, antioxidants and biological preservatives. Also, there are processing aids such as lubricants and flow controls.
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Asia Pacific <strong>Plastic</strong><br />
<strong>Additives</strong> <strong>Market</strong><br />
Share, Global Trends,<br />
Analysis, Research, Report,<br />
Opportunities,<br />
Segmentation <strong>and</strong> Forecast,<br />
<strong>2014</strong> – <strong>2020</strong><br />
Future <strong>Market</strong> Insights<br />
www.futuremarketinsights.com<br />
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Report Description<br />
<strong>Plastic</strong> additives are chemicals added in a polymer to modify its properties. The polymers used in plastics are<br />
combined with monomeric units <strong>and</strong> are not in their pure form, but are harmless. The objective is to<br />
improve the processing characteristics <strong>and</strong> properties of plastics <strong>and</strong> to enhance performance. These<br />
monomers are known as plastic additives <strong>and</strong> can be classified as reinforcing fibres, coupling agents,<br />
stabilizers, colorants, fillers, processing aids, flame retardants, peroxides <strong>and</strong> antistatic agents. <strong>Plastic</strong><br />
additives enable safe h<strong>and</strong>ling of the plastic during the manufacture of finished products. The stabilizing<br />
plastic additives are halogen stabilizers, ultraviolet absorbers, antioxidants <strong>and</strong> biological preservatives. Also,<br />
there are processing aids such as lubricants <strong>and</strong> flow controls.<br />
The end-uses of plastic additives are in the plastic industry <strong>and</strong> its products.For example, fire retardation<br />
plastic additives are added to polymers to break them down. This ensures reduced viscosity, which is<br />
essential for moulding the plastics into various finished products. Another example is that of ultraviolet<br />
absorbers, which are added in plastic pots used in plantations, to enable resistance to ultraviolet rays. Antimicrobial<br />
plastic additives are also used in this product as well as other products, as microorganisms can<br />
decompose plastics into monomers. Lubricants minimizes both internal <strong>and</strong> external friction, helps mould<br />
release <strong>and</strong> enhance mould flow. Fillers are used to increase the volume of the plastic available <strong>and</strong> to make<br />
it cost-effective. Also, temperature resistance of plastics is enhanced by plastic additives. <strong>Additives</strong> facilitate<br />
the use of plastic in space craft due to the ability to sustain at high temperatures.<strong>Plastic</strong> additives have a<br />
large number of applications in defence, aerospace, aviation, automotive, consumer appliances,<br />
commodities, paints <strong>and</strong> coatings, FMCG <strong>and</strong> packaging industries.<br />
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Report Description<br />
The global plastic additives market is forecasted to reach US $ 50 billion by <strong>2020</strong> <strong>and</strong> is projected to grow at<br />
a CAGR of 3.8% during the forecast period.India <strong>and</strong> China are the lucrative markets due to presence of lowcost<br />
labour <strong>and</strong> raw materials. <strong>Plastic</strong>izers is the largest revenue generating segment of the plastic additives<br />
market valued at US $ 21.4 billion,followed by flame retardants with a CAGR of 5.4% projected for 2013–<br />
<strong>2020</strong>. The anti-microbial segment will also grow at a moderate rate due to increase in dem<strong>and</strong> from the<br />
healthcare industry. The plastic additive industry is energy- <strong>and</strong> capital-intensive, wherein gas <strong>and</strong> oil are the<br />
major raw materials. It is easy to use <strong>and</strong> hasnumerous applications that make it an adaptable industry. Asia<br />
Pacific is the leader globally in terms of value <strong>and</strong> volume <strong>and</strong> production <strong>and</strong> consumption, <strong>and</strong> the key<br />
drivers being the surge in its automobile <strong>and</strong> infrastructure industry. Additionally, the Chinese <strong>and</strong> Indian<br />
automobile industries are expected to grow at 8% to 14% respectively during the forecast period <strong>2014</strong> -<br />
<strong>2020</strong>.<br />
<strong>Plastic</strong>s surfaced as an alternate solution to replace the use of metals in numerous industrial <strong>and</strong> nonindustrial<br />
applications such as automotive manufacturing, mechanical fasteners, medical equipment,<br />
commercial furniture <strong>and</strong> so on. <strong>Plastic</strong> additive producers are currently focusing on developing economies<br />
such as AsiaPacific. The region accounted for around 40% revenue of the plastic additives market as of 2013,<br />
which is projected to increaseto 60% by <strong>2020</strong>. Increasing awareness regarding conservation of depleting<br />
natural resources is expediting growth of the plastic additives market in AsiaPacific.<br />
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Report Description<br />
Growth prospects in the plastic additives market are vast <strong>and</strong> numerous players in the market are constantly<br />
investing <strong>and</strong> focusing on innovations in this industry through the use of plastic additives. BASF, Chemtura<br />
Corporation, Exxon Mobil Corporation, Clariant Ltd., Bayer AG<strong>and</strong> Kaneka are some major players in the<br />
plastic additives market. The overall chemical industry has grown at around 2% to 5%, which is positive sign<br />
for the evolving plastic additives market.<br />
<strong>Plastic</strong> additives is an evolving industry with a whole range of property extenders, modifiers, stabilizers <strong>and</strong><br />
processing aids. In today’s world, each activity of modern day life in influenced by plastics <strong>and</strong> it is widely<br />
dependedupon. Just to name a few, auto parts, medical equipment, telecommunication instruments,<br />
electronic devices, entertainment <strong>and</strong> leisure objects, insulators <strong>and</strong>other gadgets are produced from<br />
plastic, which would not be possible without plastic additives. <strong>Plastic</strong> additives are safe, offer strength, give<br />
aesthetic appearance, last longer <strong>and</strong> reduce production costs.<br />
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Report Description<br />
o<br />
o<br />
Health Informatics<br />
Clinical Research<br />
Personalized Medicine <strong>Market</strong>: Overview & Region wise Outlook<br />
This market is mainly driven by increasing disease incidence of various cancers <strong>and</strong> other autoimmune<br />
diseases during the forecast period. The major growth in revenues is estimated to be contributed by markets<br />
in North America followed by Europe. This can be attributed to increasing pool of cancer patients along with<br />
high healthcare per capita expenditure. The ongoing research <strong>and</strong> legal initiatives in personalized medicine<br />
in Japan could promote the market growth in the country during the forecast period. In markets in Asia<br />
pacific <strong>and</strong> Latin America regions, accelerated development of R&D infrastructure could lead bigger drug<br />
makers to create their regional R&D centers focused on personalized medicine during the forecast period.<br />
The opening up research in the bioinformatics industry <strong>and</strong> active peer levels discussion <strong>and</strong> dialogues are<br />
factors that contribute to sustainable growth of the personalized medicines market in the medium to long<br />
term.<br />
Personalized Medicine <strong>Market</strong>: Key Players<br />
Some key players in this market are Roche Holding AG, Astra Zeneca PLC, Vertex Pharmaceuticals Inc.,<br />
Qiagen Inc., BD (Becton Dickinson & Co., Merck & Co. Inc., Pfizer Inc., American Association for Cancer<br />
Research, Siemens Healthcare Diagnostics, Inc. among others.
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