PVC additives are expected to grow rapidly in the coming years. PVC, also known as POLYvinyl chloride, is a thermoplastic widely used because of its non-reactivity, chemical stability, long life and light weight, according to the "2022 Global PVC Additive Professional Survey Report, Forecast to 2027" by Beijing Yihe International Information Consulting. PVC additives are considered an important part of plastic manufacturing because they help improve the tensile and texture strength of PVC products. Stabilizers are commonly used in the manufacture of polymers, and PVC is widely used in the manufacture of products. Based on the Regression analysis model of Beijing Yihe International Information Consulting, the compound annual growth rate (CAGR) is projected to be 4.7% during the period 2022-2027.

Analyst view:

"Due to strict government regulations, manufacturers are advised to manufacture additives for biodegradable polymers and focus on developing new and enhanced products to increase product functionality and biodegradability. The invention of an additive that can significantly reduce the degradation time of the product will prove to be a revolutionary achievement. Industry is increasingly using pro-oxidation additives for promotion." Said Lisa isa senior analyst at Beijing Yihe International Information Consulting Chemical Market Research Center.

Market insight:

Plastics are one of the most widely used materials in a number of end-use industries including automotive, aerospace and defense, packaging, chemicals, construction, general manufacturing and electronics. The growing popularity of polymers is attributed to their superior properties, such as strength, reliability, flexibility and ability to withstand pressure and heat, driving the demand for their derivatives. The product is cheaper than traditional materials such as wood, metals and composites and is therefore replacing them. This, in turn, is expected to have a positive impact on the market. Plastics are lightweight by nature and are therefore used in the automotive industry. When different types of additives are added to these materials, they can be used in other applications. For example, sun additives are used in construction, aerospace and fire protection applications. In contrast, phthalate-free additives are used to make medical and food-grade polymers. In the past few decades, the packaging industry has experienced rapid development. The growing demand for convenience foods is increasing the demand for food-grade plastics packaged in dry form. In addition, the development of the global e-commerce industry is one of the main factors driving the packaging industry, which in turn drives the market growth.

Phthalates are one of the most commonly used plasticizers to improve the transparency, flexibility and durability of materials. Due to their low cost, they are mainly used to soften PVC and as additives. However, phthalates may have some adverse health and environmental effects. For example, they are released into the environment during polymer production and are not biodegradable. They are also potential endocrine disruptors and may even cause male infertility. In addition, high levels of phthalates in the air can cause them to be deposited in the body due to their high volatility. This adverse effect could hamper market growth.

Competitive landscape:

In line with the aim of helping customers improve their market position, this report provides a detailed analysis of several leading PVC additive companies, Including KANEKA CORPORATION, BASF SE, SONGWON, Akzo Nobel NV, ADEKA CORPORATION, Clariant, PAU Tai Industrial CORPORATION, Baerlocher GmbH, Shandong Ruifeng Chemical Co., LTD., Akdeniz Kimya, Shandong Novista Chemical Co., LTD., Indofil Industries Limited, EN-door, Domestic and global participants include Sun Ace Kakoh (Pte.) Ltd., PATCHAM (FZC) and Valtris Specialty Chemical.

PVC additives market segmentation:

According to type, the global PVC additive market can be divided into stabilizers, impact modifiers, processing AIDS, lubricants and plasticizers. The stabilizers segment is expected to lead the global PVC additives market during the forecast period, by the lubricants segment. The stabilizer segment is expected to grow at the highest CAGR due to increasing use of stabilizers in applications such as pipes and fittings, rigid and semi-rigid films, window profiles, wire and cable, medical and consumer products. Based on application, the global PVC additive market can be divided into pipes and fittings, profiles and tubes, hard plates and panels. Pipes and fittings are the fastest growing application segment of the global PVC additives market. PVC additives are widely used in PVC pipes and fittings due to the growing demand for PVC pipes in the construction and construction industry to replace traditional concrete, iron and steel based pipes and fittings.

Polyvinyl chloride advertising driver market: Regional Analysis

Geographically, the global PVC additives market is divided into Asia-Pacific, Europe, North America, Middle East and Africa, and South America. The Asia-pacific region is the largest market for PVC additives. Rapid industrialization and improved living standards are expected to drive growing demand for PVC additives in the region. In addition, the growing use of PVC auxiliaries in the construction industry is expected to further drive the growth of the PVC auxiliaries market in the Asia-pacific region.

Compound annual growth rate: 4.7%

Biggest sharing region: Asia-pacific region

Which country is the largest in the largest cooperation area

Product type: stabilizer, impact modifier, processing aid, lubricant, plasticizer

Applications: pipes and fittings, profiles and pipes, hard plates and panels

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