Chemical

According to a market report by Lucintel, the future of the green polymer additive market looks promising with opportunities in the packaging, injection molding, automotive, and biopolymers applications. The global green polymer additive market is expected to grow with a CAGR of 6% to 8% from 2022 to 2027. The major drivers for this market are increasing inclination for bio-based plastics in packaging and other plastic applications, stringency in government and environmental regulation to use eco-friendly chemical products, and growing demand for green polymers considering low costs.

In this market, bio-based plasticizers, stabilizers, lubricants, flame retardants, antioxidants, antistatic agents, and anti-fogging agents additives are added in plastics manufacturing. Lucintel forecasts that plasticizers will remain the largest segment by product type and witness highest growth due to use of additives for manufacturing polyvinyl chloride (PVC) and high demand for PVC in various plastic applications.

Within the global green polymer additive market, the packaging segment will remain the largest application market during the forecast period supported by wide range of packaging applications in end-user industries such as consumer goods, hygiene, food, industrial packaging, and agricultural films along with consumer preference towards environmental safe and low toxic products.

North America is expected to remain the largest market due to increasing use of modified green polymer additive films in the packaging sector, owing to growing demand for eco-friendly substitutes for petroleum-based additives and presence of significant players in NA region. The growing environmental concerns over plastic pollution, renewable nature, low toxicity, and public inclination towards green polymers contribute towards the growth of market. Asia Pacific is expected to witness the highest growth over the forecast period due to the increasing demand for sustainable and eco-friendly packaging films from the food & beverage industry, hygiene, and industrial packaging industry. The growing expansion of the plastics industry considering the demand for packaging materials, especially from China, Japan, India, South Korea, and Malaysia, are also contributing to the growth of the green polymer additive market in the Asia Pacific region.

Emery Oleochemicals Group, Dow, Arry International Group, Clariant AG, BASF SE, Lanxess, AkzoNobel, Evonik Industries AG, and Avient, are among the major suppliers of green polymer additives.

Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global green polymer additive market by product type, application, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Green Polymer Additive Market 2022-2027: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global green polymer additive market by product type, application, and region as follows:




























This 180-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/green-polymer-additive-market.aspx or write us at helpdesk@lucintel.com.

About Lucintel

Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

This report answers following 11 key questions:

Q.1 What are some of the most promising potential, high growth opportunities for the global green polymer additive market by product type (Plasticizers, stabilizers, lubricants, flame retardants, antioxidants, antistatic agents, anti-fogging agents, and other green polymers), application (packaging, injection molding, automotive, and biopolymers, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2 Which segments will grow at a faster pace and why?

Q.3 Which regions will grow at a faster pace and why?

Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?

Q.5 What are the business risks and threats to the market?

Q.6 What are the emerging trends in this market and the reasons behind them?

Q.7 What are the changing demands of customers in the market?

Q.8 What are the new developments in the market? Which companies are leading these developments?

Q.9 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?

Q.10 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via material or product substitution?

Q.11 What M & A activities have taken place in the last 5 years in this market?