Global $3.6 Bn Plastic Antioxidants Markets to 2026 with North America Accounting for $730 Million and Asia-Pacific Accounting for $1.6 Billion

2021-12-25 06:04:27 By : Mr. Jordan Zhu

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DUBLIN , Dec. 24, 2021 /PRNewswire/ -- The "Plastic Antioxidants: Global Markets to 2026" report has been added to ResearchAndMarkets.com's offering.

The global market for plastic antioxidants is estimated to grow from $2.9 billion in 2021 to $3.6 billion by 2026, with a compound annual growth rate (CAGR) of 4.8% during 2021-2026.

This report will cover all the commercially available plastic antioxidants that are actively being utilized and consumed by key end-user industries in the plastic antioxidants market. Its scope will also include all the applications in which plastic antioxidants are used. Furthermore, the plastic antioxidants industry will also be thoroughly analyzed at the regional and country level.

Plastic polymer is a material that is widely utilized for food storage and protection due to the various advantages it offers such as low production cost, good resistance, content protection and reduced environmental impact.

However, to improve and preserve polymer qualities, additives such as antioxidants, ultraviolet (UV) stabilizers, antistatic agents, plasticizers, lubricants, thermal stabilizers, photoinitiators and others are added during the manufacturing process. There is, however, growing concern that when a plastic package encounters food, these additives could migrate into the food during the production or storage stages and affect consumer health.

To study this, a number of toxicological studies and reports on the genotoxicity of polymer additives have been conducted. As a result, when assessing the safety of food packaging materials to manage food quality, it has become critical to not only determine the concentrations of these additives in polymers but also to track their quantification and specific migration levels (SMLs).

Antioxidants, UV stabilizers, plasticizers and photoinitiators are among the many polymer additives found in plastic. Nowadays, plastic plays a significant role in society. Thus, polymer additives antioxidants, UV stabilizers and photoinitiators have received increased attention, particularly in food safety.

Antioxidants are natural and manufactured substances that can scavenge free radicals and inhibit the oxidation process. Phenolic antioxidants (AOs), often known as primary antioxidants, are very effective, non-discoloring stabilizers for oxidizable organic substrates such as plastics, synthetic fibers, elastomers and waxes. Phenolics are generally employed to safeguard the finished product by acting as free radical scavengers.

Phosphite antioxidants, also known as secondary antioxidants, function as peroxide decomposers, preserving the polymer and assuring color preservation in oxidation-prone organic polymers, particularly during processing.

Thioester antioxidants degrade and neutralize hydroperoxides produced by polymer oxidation. Thioesters are used to guard against heat aging and to preserve color. Amino antioxidants aid in the preservation of physical and surface qualities such as color, scorch and heat resistance.

Binary blends combine a primary (phenolic) antioxidant with a secondary (phosphite) antioxidant for maximum stability throughout processing and service life.

Comprehensive company profiles of the leading industry players, including ADEKA Corp., BASF SE, Clariant AG, Dover Chemical Corp., Evonik Industries, LANXESS, LyondellBasell, and Sumitomo Chemical Co., Ltd.

Chapter 4 Impact of a COVID-19 on Global Market for Plastic Antioxidants

Chapter 5 Value Chain/Supply Chain Analysis

Chapter 6 Global Market for Plastic Antioxidants by Type

Chapter 7 Global Market for Plastic Antioxidants by Polymer Resin

Chapter 8 Global Market for Plastic Antioxidants by Application

Chapter 9 Global Market for Plastic Antioxidants by Region

For more information about this report visit https://www.researchandmarkets.com/r/s9srlj

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