Global Plastic Additives Market Size & Outlook, 2023-2030
The plastic additives industry worldwide is expected to reach a projected revenue of US$ 71,432.0 million by 2030. A compound annual growth rate of 5.6% is expected of the worldwide plastic additives industry from 2024 to 2030.
Revenue, 2023 (US$M)
$48,868.1
Forecast, 2030 (US$M)
$71,432.0
CAGR, 2024 - 2030
5.6%
Report Coverage
Worldwide
Global plastic additives market, 2018-2030 (US$M)
Global plastic additives market highlights
- An overview of the global plastic additives market trends heading towards 2030. The global market generated a revenue of USD 48,868.1 million in 2023 and is expected to reach USD 71,432.0 million by 2030.
- The overall growth of the global market from 2023 to 2030. The market is expected to grow at a CAGR (2024 - 2030) of 5.6% to attain a revenue of USD 71,432.0 million by 2030.
- A look at the global market revenues per segment in 2023. In terms of segment, plasticizers accounted for a revenue of USD 48,868.1 million in 2023.
- The segment witnessing the fastest revenue growth within the market. Plasticizers is the most lucrative product type segment registering the fastest growth during the forecast period.
- An overview of global market per region and country. In terms of region, Asia Pacific was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 48,868.1 million |
| Market revenue in 2030 | USD 71,432.0 million |
| Growth rate | 5.6% (CAGR from 2023 to 2030) |
| Largest segment | Plasticizers |
| Fastest growing segment | Plasticizers |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Plasticizers |
Other key industry trends
- In terms of revenue, the North America accounted for 14.9% of the global plastic additives market in 2023.
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Plastic Additives Market Scope
Plastic additives market segmentation & scope
Plasticizers
Flame Retardants
Impact Modifiers
Antioxidants
Antimicrobials
UV Stabilizers
Others
Plastic Type
Commodity Plastics
Engineering Plastics
High Performance Plastics
End Use
Packaging
Automotive
Consumer Goods
Construction
Others (e.g., Pharmaceuticals, Sports Equipment)
Countries
U.S.
Canada
Mexico
UK
Germany
France
Italy
Spain
Russia
Denmark
Sweden
Norway
China
India
Japan
Australia
South Korea
Indonesia
Vietnam
Brazil
Argentina
South Africa
Saudi Arabia
UAE
Kuwait
Plastic Additives Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global plastic additives market size, by regions, 2018-2030 (US$M)
Related regional statistics
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