Customer experience driven by improved polymer properties

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DUBLIN, February 25, 2022 /PRNewswire/ — The “Global Cure Additive Growth Opportunities” report has been added to from ResearchAndMarkets.com offer.

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The polymerization additives market comprises segments including nucleating agents, stabilizers, antiblocks, slips, antistatics and others (including processing aids and organic peroxides). By type of end-use industry, the market is split into construction, automotive, consumer goods, packaging, and other (electrical & electronics, and medical). Additives are an integral part of the polymer industry.

Polymer manufacturers use them extensively to improve the physical and chemical properties of base polymer resins during the polymerization process. The growth of the polymerization additives market underpins the growing penetration of polymers in different end-use industries including packaging, construction, automotive, consumer goods, electrical & electronics, and medical. Although the COVID-19 pandemic severely disrupted the stabilizers, processing aids and organic peroxides market in 2020, the consumption of nucleating agents, anti-blocking, anti-slip and anti-static additives was relatively less affected due to their intensive use in the manufacture of polymers for critical applications. related to the packaging industry.

Pre-pandemic consumption levels of all curing additives are expected to be reached by 2021 as the economy recovers and production activities resume worldwide. Nucleating agents are premium products and contributed the largest revenue share in the global plasticizers market in 2020. They are widely used to accelerate crystallization rate, improve optical properties and increase production rate polypropylene, polyethylene and PET, among others.

Stabilizers, on the other hand, accounted for the largest volume share of the global polymerization additives market in 2020. They are categorized into UV stabilizers and antioxidants and added to raw polymers to inhibit their degradation against UV light and oxidation, respectively , throughout the process. polymer life cycle, ensuring longevity and efficient performance. Stabilizers are commonly used for the polymerization of base thermoplastics (PO and PVC), engineering plastics and thermoplastic elastomers (TPO, TPV and TPS). Packaging contributed the largest share of the global polymerization additives market in 2020 by value and volume.

The consumption of additives in this sector is expected to remain strong during the forecast period owing to the increased use of plastics in various rigid and flexible packaging films and end products across the globe. The main polymerization additives used in this industry include nucleating agents, antiblocks, antistatics, slippers, stabilizers and processing aids. Plastics are also increasingly used in the construction industry for the manufacture of pipes and fittings, window and door profiles, wire and cable, flooring, roofing membranes, wall coverings and building insulation. This, in turn, drives the demand for various polymerization additives such as stabilizers, processing aids, organic peroxides, antiblocks, slips and antistatics to improve the properties of construction plastics.

Curing additives such as stabilizers, processing aids, organic peroxides and nucleating agents are also expected to see increasing consumption for the manufacture of base polymers used in interior, exterior and underhood automotive parts over the next few years. the forecast period.

The growth of polymerization additives in the consumer goods segment is mainly driven by the extensive use of processing aids, organic peroxides and nucleating agents for plastic-based toys, childcare products, sports and leisure and furniture, among other consumer goods applications. Rapid economic development and urbanization in developing countries, especially Asia PacificMEASA and Latin America, are other factors propelling the expansion of the polymerization additives market. These countries have emerged as major low-cost manufacturing hubs for polymers, with increasing penetration of plastic products across multiple end-use industries, including packaging, construction, automotive and consumer goods. .

The polymerization additives market is expected to benefit from the growing demand for polymers due to their abilities to improve the properties of base polymers to facilitate compounding or processing. The market is expected to register strong growth in countries including China, Thailand, Indonesia, Malaysia, India, Turkey, Saudi Arabiathe bucket, Mexicoand Brazil.

Despite the growing demand for polymerization additives in several end-use industries, certain individual chemistries are under scrutiny, especially in developed economies, for probable toxicity and adverse effects, such as increased risk of neurodevelopmental issues. , reproductive disorders, endocrine disruption, and cancer. For example, certain lead and tin stabilizers are prohibited for a few applications in the construction and packaging industries, particularly in Europe and United States. This, in turn, is driving demand for ‘safer’ alternatives such as calcium and zinc stabilizers.

Main topics covered:

Growth Opportunity Analysis – Polymerization Additives Industry

  • Geographic scope

  • Key competitors

  • Main growth indicators

  • Analysis of revenue forecasts and shipping volumes

  • Analysis of forecast revenue and shipping volumes by product

  • Analysis of Forecast Revenue and Shipping Volumes by End-Use Industry

  • Analysis of forecast revenue and shipping volumes by region

  • Price Trends and Forecast Analysis

  • Value chain analysis

  • Competitive environment

  • Revenue sharing

Universe of growth opportunities

For more information on this report, visit https://www.researchandmarkets.com/r/zgzxv6

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