The plastic additives market is estimated to be valued at US$ 45.94 Bn in 2023 and is expected to exhibit a CAGR of 5.6% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
Plastic additives are used to enhance the properties of plastics such as durability, heat resistance and colour stability. They provide benefits such as protection from UV radiation, prevention of microbial ... Read more
Plastic additives are used to change or improve the properties of polymers and finished plastic products. They are added to plastics to enhance process ability, durability, and performance. Plastic additives help to protect plastics from degradation caused by heat, light, and oxidation. They improve strength, coloring, and resistance to fire. There is rising demand for plastics in various end-use industries like packaging, construction, automotive, and electronics.
