Global Plastic Additive Market By Type, By Function, By Plastic, By End Use Industry, By Region, Competition Forecast & Opportunities, 2013 - 2023 | 3bmarketresearch -Market Research Reports - 0 views
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aado lfst01 on 31 Oct 18Global Plastic Additive Market By Type, By Function, By Plastic, By End Use Industry, By Region, Competition Forecast & Opportunities, 2013 - 2023" plastic additive market is projected to reach $ 56.7 billion by 2023. Growth in the market can be attributed to robust growth of industrial sector, rising production capacities of automotive and consumer good companies, and increasing demand for high efficiency polymer products in various downstream industries. As growing technological advancements are shifting government focus towards the adoption of biodegradable plastics from traditional polymers, consumption of bio-based plasticizers, stabilizers and other plastic additives is expected to increase at a robust pace in the coming years.