Green Polymer Additive Market Research Report- Forecast to 2023
Polymer Additives are the minor components, which are added into the polymer to modify some of its properties. They are majorly used to enhance properties of polymer to make it suitable for a specific application. It includes lowering the glass transition temperature of polymer to make it softer, fillers to increase density and make polymer cheaper, oil components to improve rheology of polymer and flame retardants to enhance thermal stability of a polymer. Usually, an additive is selected on the basis of types of polymer additive and application- the polymer is going to be deployed in. this leads to develop value added product with improved durability and desired properties. The types of polymer additive are plasticizers, stabilizers, fillers, flame retardants, and antioxidants, among the others. Green Polymer Additives are biodegradable additives, which enable formation of green polymers and help mitigate environmental concerns.
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The prominent players in the Global Green Polymer Additive Market are Emery Oleochemicals Group (Malaysia), DuPont (U.S.), Clariant AG (Switzerland), The Dow Chemical Company (U.S.), BASF SE (Germany), Lanxess A.G. (Germany), AkzoNobel N.V (Netherlands), Evonik Industries AG (Germany), PolyOne Corporation (U.S.), Solvay S.A. (Belgium), Myriant Corporation (U.S.) and others
Growing consumer awareness regarding negative impacts of synthetic products on human body and natural environment. The focus of consumers is changing from sedentary to healthier lifestyle, not only when it comes to eating healthy but also using biodegradable non-consumable products. One of the major factors driving the growth of the Global Green Polymer Additives is enhanced usage of eco-friendly packaging. The Global Green Packaging Market is estimated to grow at a CAGR of ~7% during the forecast period, which is expected fuel the demand for the green additives. Additionally, the goal of sustainable development is driving the focus towards conservation of resources for future generations and exploit renewable and degradable sources. This, in turn, is expected to propel the growth of the Global Green Polymer Additives Market. However, the major bottleneck identified is a technological constraints, which leads to an increased cost of production of such green products. Nevertheless, ongoing research in the field of green chemicals would help to find the way through this bottleneck in coming years.
- Green Polymer Additive Manufacturers
- Traders and Distributors of Green Polymer Additive
- Research and Development Institutes
- Potential Investors
- Raw Material Suppliers
- Nationalized Laboratory
Usually, an additive is selected on the basis of types of polymer additive and application- the polymer is going to be deployed in. this leads to develop value added product with improved durability and desired properties. The types of polymer additive are plasticizers, stabilizers, fillers, flame retardants, and antioxidants, among the others. Green Polymer Additives are biodegradable additives, which enable formation of green polymers and help mitigate environmental concerns.
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The Global Green Polymer Additives Market is segmented on the basis of type, ingredient, application, and region. Based on type, the market is divided into plasticizers, stabilizers, fillers, flame retardants, antioxidants, and others. Furthermore, on the basis of applications, the green polymer market is segmented into packaging, automotive, biopolymer, injection molding, caps & closures, and others. The global green polymer additive market is divided into five key regions: North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
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