Performance additives are chemical substances added in materials, such as plastic, paints, rubber, and others to enhance their performance. Performance additives provide strength, durability, quality, and other key properties to materials. They are used to improve performance and durability of materials used in automotive, rubber, paint, and ink industries.
In 2017, the packaging end-use industry segment accounted for the largest share of the performance additives market, in terms of value and volume, followed by household goods, construction, automotive, and others. The packaging segment is also projected to grow at the highest CAGR from 2018 to 2023.
Market Analysis and Insights: Global Performance Additives Market
The global Performance Additives market was valued at US$ 79020 million in 2019 and it is expected to reach US$ 108170 million by the end of 2026, growing at a CAGR of 4.5% during 2021-2026.
Global Performance Additives Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Performance Additives Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Plastic Additives
Paint & Coatings Additives
Pigment Additives
Ink Additives
Rubber Additives
Segment by Application
Packaging
Household Goods
Construction
Automotive
Industrial
Wood & Furniture
Others
By Company
Arkema
AkzoNobel
BASF
Huntsman International
Dow Chemical
ALTANA
BYK Additives & Instruments
Cytec Solvay
Clariant
DAIKIN INDUSTRIES
Dynea
Eastman Chemical Company
Evonik
K-TECH (INDIA)
LANXESS
Momentive
PolyOne
Total
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
In 2017, the packaging end-use industry segment accounted for the largest share of the performance additives market, in terms of value and volume, followed by household goods, construction, automotive, and others. The packaging segment is also projected to grow at the highest CAGR from 2018 to 2023.
Market Analysis and Insights: Global Performance Additives Market
The global Performance Additives market was valued at US$ 79020 million in 2019 and it is expected to reach US$ 108170 million by the end of 2026, growing at a CAGR of 4.5% during 2021-2026.
Global Performance Additives Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Performance Additives Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Plastic Additives
Paint & Coatings Additives
Pigment Additives
Ink Additives
Rubber Additives
Segment by Application
Packaging
Household Goods
Construction
Automotive
Industrial
Wood & Furniture
Others
By Company
Arkema
AkzoNobel
BASF
Huntsman International
Dow Chemical
ALTANA
BYK Additives & Instruments
Cytec Solvay
Clariant
DAIKIN INDUSTRIES
Dynea
Eastman Chemical Company
Evonik
K-TECH (INDIA)
LANXESS
Momentive
PolyOne
Total
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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