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The Global Performance Additives Market is projected to reach US$ 110.35 Billion by 2021,at a CAGR of 8.0%, in terms of value. This growth can be attributed in parts to the rising investments in new manufacturing plants for packaging in various countries. This growth also stems from a rise in demand for rigid and flexible packaging in the food and beverage packaging industries.
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Top Key Players in the “Performance Additives Market”
- BASF SE (Germany)
- AkzoNobel N.V. (Netherlands)
- Solvay S.A. (Belgium)
- Evonik Industries AG (Germany)
- Lanxess (Germany)
- Arkema SA (France)
- Huntsman International LLC (U.S.)
- Altana AG (Germany)
- Clariant (Switzerland)
- The Dow Chemical Company (U.S.)
The Asia-Pacific region is the largest and the fastest-growing performance additives market, in terms of value and volume. High economic growth rate, growing manufacturing industries, cheap labor, increasing foreign investments, and increase in the applications of performance additives across the packaging, automotive, industrial, and construction industries are some of the major factors expected to fuel the growth of the market in this region.
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- Traders, Distributors, and Suppliers of Performance Additives
- Investment Research Firms
- Regional Manufacturers’ Associations and General performance additives Associations
- Manufacturers of Performance Additives
- Government and Regional Agencies and Research Organizations