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Performance Additives Market Share

Report ID: GMI6371
Published Date: Aug 2023
Report Format: PDF

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Performance Additives Market Share

Some of the major market players operating in the Performance additives market are:

BASF SE
Evonik Industries AG
Akzo Nobel N.V.
Clariant AG
Dow Chemical Company
Eastman Chemical Company
Solvay S.A.
Ashland Global Holdings Inc
LANXESS AG
Arkema Group
Lubrizol Corporation
Croda International Plc
Momentive Performance Materials Inc
BYK-Chemie GmbH,
Huntsman Corporation

These players focus on strategic partnerships, new product launch & commercialization for market expansion. Furthermore, these players are heavily investing in research that allows them to introduce innovative products and garner maximum revenue in the market.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Performance additives industry size was USD 105.5 billion in 2022 and is estimated to reach USD 229.4 billion by the end of 2032, due to increasing industrialization and manufacturing activities in various sectors worldwide.

The plastic type segment in the performance additives industry recorded USD 18.3 billion in 2022 and is expected to witness significant growth through 2032, owing to increasing demand for efficiency, resilience, and durability in materials.

The liquid form segment held market share of around 40% in the performance additives industry in 2022 and is expected to gain traction through 2032, due to increasing adoption of easy to use and mix product forms.

U.S. performance additives industry recorded USD 22.1 billion in 2022 and is expected to garner significant growth through 2032, owing to the rising need for lightweight materials, improved fuel efficiency, and enhanced performance of automotive components, in the region.