Global PVC Additives Market Size, Trends & Growth Opportunity, By Type (Impact Modifiers, Stabilizers, Processing Aids, Lubricants, and Plasticizers), By Fabrication Process (Extrusion and Injection Molding), By Application (Pipes & Fittings, Profiles & Tubing, and Rigid Sheet & Panel), By Region and Forecast till 2027.
Report ID : IR1001150 | Industries : Chemicals & Materials | Published On :May 2024 | Page Count : 212
Global PVC Additives Market Size, Trends & Growth Opportunity, By Type (Impact Modifiers, Stabilizers, Processing Aids, Lubricants, and Plasticizers), By Fabrication Process (Extrusion and Injection Molding), By Application (Pipes & Fittings, Profiles & Tubing, and Rigid Sheet & Panel), By Region and Forecast till 2027.
Global PVC Additives Market
The Global PVC Additives Market is expected to grow from US$ 4,080.10 Million in 2021 to US$ 6,245.70 Million by 2027; it is estimated to grow at a CAGR of 7.35% from 2022 to 2027.
Market Overview
PVC, also known as polyvinyl chloride, is a thermoplastic material that is popular due to its lack of reaction, chemical stability, durability, and light weight. PVC additives are regarded as a crucial component of the production of plastic because they help increase the tensile and texture strength of PVC goods. PVC is widely used in the production of goods, and stabilisers are typically used in the production of polymers.
Market Drivers
Increase in usage of PVC additives is the key driving factor which is expected to boost the global PV additives market growth. Further, adoption of PVC additives as raw material in various sectors such as automotive, industrial manufacturing, construction, and mechanical engineering will have the positive impact on market growth. Moreover, the commercial usage of these additives is exponentially increasing due to its lower prices, high durability, and high performance will propel the market growth.
Market Restraints
However, low research and development expenditure in emerging economics is the major restraining factor which is expected to hamper the global PVC additives market growth.
Market Segmentation
Segmentation By Type: Global PVC Additives Market is segmented into type such as Impact Modifiers, Stabilizers, Processing Aids, Lubricants, and Plasticizers. Plasticizers have a sizable market share because they make polymer materials less viscous and more flexible. To suit the requirements of different application fields, plastics' plasticity is altered. They not only make it easier to handle raw materials during production, but they also change the coefficient of friction according to the application.
Segmentation By Fabrication Process: Global PVC Additives Market is segmented fabrication process such as Extrusion, and Injection Molding. Since extruded PVC can now be produced in greater quantities at lower costs, the extrusion market is expected to grow at the highest CAGR during the forecasted timeframe.
Segmentation By Application: Global PVC Additives Market is segmented into application such as Pipes & Fittings, Profiles & Tubing, and Rigid Sheet & Panel. The segment for fittings and pipes is predicted to have the greatest CAGR during the forecasted time. The factors can be attributed to the building and construction industry's increasing use of PVC pipes in lieu of steel-based pipes and fittings, iron, and conventional concrete.
Segmentation By Region: Global PVC Additives Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Asia-Pacific is anticipated to maintain a dominant market share position due to the high concentration of manufacturers in the region. With roughly 30% of the global output, China is one of the largest producers of plastics and polymers. A top manufacturer of affordable, lightweight consumer products.
Market Key Players
Various key players are discussed in this report such as BASF SE, Kaneka Corporation, Songwon Industrial Co. Ltd., Akzo Nobel N.V., Clariant, Adeka Corporation, Clariant AG, PAU Tai Industrial Corporation, Baerlocher GmbH, and Shandong Ruifeng Chemical Co. Ltd.
Industrial Development
• BASF introduced a portfolio brand of plastic additives in January 2021 that help customers achieve sustainability goals. The collection contains additive packages for mechanically recycled plastics.
• Clariant and Floreon declared a partnership in March 2020 to improve the functionality and marketability of biopolymers. The partnership intended to increase opportunities for manufacturers by combining Clariant's additives with Floreon's materials.
Market Taxonomy
By Type
• Impact Modifiers
• Stabilizers
• Processing Aids
• Lubricants
• Plasticizers
By Fabrication Process
• Extrusion
• Injection Molding
By Application
• Pipes & Fittings
• Profiles & Tubing
• Rigid Sheet & Panel
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa
Key Questions Addressed by the Report
• What are the Key Opportunities in Global PVC Additives Market?
• What will be the growth rate from 2022 to 2027?
• Which segment/region will have highest growth?
• What are the factors that will impact/drive the Market?
• What is the competitive Landscape in the Industry?
• What is the role of key players in the value chain?
• What are the strategies adopted by key players?
Global PVC Additives Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global PVC Additives Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global PVC Additives Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global PVC Additives Market Share Analysis, By Type
5.3 Global PVC Additives Market Size and Forecast, By Type
5.3.1 Impact Modifiers
5.3.2 Stabilizers
5.3.3Processing Aids
5.3.4Lubricants
5.3.5Plasticizers
6 Global PVC Additives Market, By Fabrication Process
6.1 Y-o-Y Growth Comparison, By Fabrication Process
6.2 Global PVC Additives Market Share Analysis, By Fabrication Process
6.3 Global PVC Additives Market Size and Forecast, By Fabrication Process
6.3.1 Extrusion
6.3.2 Injection Molding
7 Global PVC Additives Market, By Application
7.1 Y-o-Y Growth Comparison, By Application
7.2 Global PVC Additives Market Share Analysis, By Application
7.3 Global PVC Additives Market Size and Forecast, By Application
7.3.1 Pipes& Fittings
7.3.2Profiles & Tubing
7.3.3 Rigid Sheet & Panel
8 Global PVC Additives Market, By Region
8.1 Global PVC Additives Market Share Analysis, By Region
8.2 Global PVC Additives Market Share Analysis, By Region
8.3 Global PVC Additives Market Size and Forecast, By Region
9 North America PVC Additives Market Analysis and Forecast (2022 – 2027)
9.1 Introduction
9.2 North America PVC Additives Market Share Analysis, By Type
9.3 North America PVC Additives Market Size and Forecast, By Fabrication Process
9.4 North America PVC Additives Market Size and Forecast, By Application
9.5 North America PVC Additives Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10 Europe PVC Additives Market Analysis and Forecast (2022 – 2027)
10.1 Introduction
10.2 Europe PVC Additives Market Share Analysis, By Type
10.3 Europe PVC Additives Market Size and Forecast, By Fabrication Process
10.4 Europe PVC Additives Market Size and Forecast, By Application
10.5 Europe PVC Additives Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.54. Rest of Europe
11 Asia Pacific PVC Additives Market Analysis and Forecast (2022 – 2027)
11.1 Introduction
11.2 Asia Pacific PVC Additives Market Share Analysis, By Type
11.3 Asia Pacific PVC Additives Market Size and Forecast, By Fabrication Process
11.4 Asia Pacific PVC Additives Market Size and Forecast, By Application
11.5 Asia Pacific PVC Additives Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12 Latin America PVC Additives Market Analysis and Forecast (2022 – 2027)
12.1 Introduction
12.2 Latin America PVC Additives Market Share Analysis, By Type
12.3 Latin America PVC Additives Market Size and Forecast, By Fabrication Process
12.4 Latin America PVC Additives Market Size and Forecast, By Application
12.5 Latin America PVC Additives Market Size and Forecast, Country
13 Middle East PVC Additives Market Analysis and Forecast (2022 – 2027)
13.1 Introduction
13.2 Middle East PVC Additives Market Share Analysis, By Type
13.3 Middle East PVC Additives Market Size and Forecast, By Fabrication Process
13.4 Middle East PVC Additives Market Size and Forecast, By Application
13.5 Middle East PVC Additives Market Size and Forecast, By Country
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 BASF SE
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Kaneka Corporation
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 Songwon Industrial Co. Ltd
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Akzo Nobel N.V
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Adeka Corporation
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Clariant AG
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 PAU Tai Industrial Corporation
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Baerlocher GmbH
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Shandong Ruifeng Chemical Co. Ltd
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies