World Plastics Additives Market to Hit USD 64.6 Bn Mark by 2021, Projects BCC Research in Its New Report Added at MarketPublishers.com11 Aug 2017 • by Natalie Aster
LONDON – As of 2015, the global plastics additives market stood at USD 48.2 billion in terms of value. In 2016 the market value climbed to USD 50.6. Furthermore, the plastics additives market is predicted to demonstrate steady growth at a 5% CAGR through 2021 and reach USD 64.6 billion by 2021.
The leading segment of the plastics additives market, the property modifiers segment, is anticipated to maintain high growth pace in the years ahead. This sector hit USD 27.9 billion in 2016, and is expected to grow to USD 35.9 billion by 2021, posting a 5.2% CAGR.
In the meantime, the property extenders segment is forecast to increase from USD 9.3 billion in 2016 to USD 11.9 billion in 2021, registering growth at a 5.1% CAGR.
The cutting-edge research report “Global Markets for Plastics Additives” issued by BCC Research is an unrivalled source of information on the current situation in the market and on the future possible market trends, lucrative growth prospects and emerging opportunities. Additionally, the report delves deep into the market dynamics, identifying the main forces limiting and driving the market growth; traces light on the key geographical markets for plastics additives, provides current statistics, canvasses the competitive environment, profiles the prominent market participants, offers a comprehensive future forecast for the market through 2021.
Other insightful research reports prepared by our research partner, BCC Research, are uploaded in the publisher’s catalogue at MarketPublishers.com