According to the business intelligence report titled ‘Global Polymer Additives Market 2022-2028’, available with MarketStudyReport, global polymer additives market is slated to progress at a CAGR of 4.8% in the coming six years and subsequently amass a valuation of USD 8,156 million by the end of 2028.

The basic role of an additive is to strengthen polymer products since a pure polymer exhibits a weaker resistance to external forces, thus the product usage to impart mechanical strength to final commodities is propelling the growth of global polymer additives market.

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The research literature draws the attention of readers toward critical data points such as past and future assessments of market trends. It sheds light on the factors impacting the business dynamics, including driving forces, restraints, as well as opportunities, and associated challenges.

In a broader sense, to facilitate a clear understanding of market behavior among stakeholders, the authors have attempted to segregate the industry in terms of antistatic agents (slip additives, nucleating agents, stabilizers, anti-block additives, others), end-user scope (packaging, consumer goods, automotive & transportation, building & construction, others), and regional expanse (Asia Pacific, Europe, North America, rest of the world).

All the aforementioned sub-divisions of worldwide polymer additives market are individually assessed with respect to important metrics like production, consumption, and growth rate. By doing so, the report identifies the key avenues where stakeholders can invest their resources to amplifying profits.

Taking the analysis further, the market report presents in-depth details of competitive terrain by focusing on the performance of the major participants.  The Dow Chemical Company, Albemarle Corporation, Kaneka Corporation, LG Chem Ltd., Solvay S.A., SI Group Inc., Ferro Corporation, BASF SE, ExxonMobil Chemical Company, Songwon Industrial Group, Fine Organic Industries Ltd., Evonik Industries AG, Lanxess AG, Perstorp AB, Croda International plc, Chemson Polymer Additive AG, Baerlocher GmbH, and Clariant AG.

The companies are actively focusing on improving their production capacity and investing in R&D, while also undertaking various mergers, acquisitions, and partnership deals to maintain their standing in global polymer additives industry scenario.