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The plastic antioxidants industry boasts several major players, each contributing significantly to its dynamics. Among these, 3V Sigma S.P.A stands out for its innovative solutions and global presence, offering a diverse range of antioxidants tailored to meet various industry needs. A. Schulman, renowned for its expertise in polymer solutions, is another key player, leveraging its extensive experience to deliver high-quality antioxidant products. Adeka Corporation, with its commitment to sustainability and technological advancements, plays a pivotal role in driving market growth, while Ampacet Corporation's focus on research and development ensures the continuous enhancement of its antioxidant offerings.
Astra Polymers Compounding Co Ltd. brings its expertise in polymer compounding to the market, offering customized antioxidant solutions to meet specific customer requirements. BASF, a leading chemical company, provides a comprehensive portfolio of antioxidants, backed by its extensive research capabilities and commitment to innovation. Clariant, known for its specialty chemicals, offers a range of antioxidants known for their efficiency and reliability, further solidifying its position in the market. Dover Chemical Corporation, with its emphasis on quality and customer satisfaction, completes the lineup of major players, contributing to the market's growth and competitiveness through its range of high-performance antioxidants.
Major players operating in the plastic antioxidants industry include:
Industry size for plastic antioxidants reached USD 2 billion in 2023 and is set to expand at over 5.4% CAGR between 2024 and 2032 driven by the increasing demand from end-use industries and technological advancements leading to the development of innovative products.
Plastic antioxidants industry from the phenolic segment accounted for 39% revenue share in 2023 and is projected to record considerable growth through 2032 owing to the increasing demand across various industries, such as packaging, automotive, and construction.
North America industry generated USD 0.8 billion in revenue in 2023 and is estimated to depict robust growth from 2024-2032 owing to the presence of a booming manufacturing sector, particularly in industries such as automotive, packaging, and consumer goods.
Some of the top plastic antioxidant companies are 3V Sigma S.P.A, Adeka Corporation, Ampacet Corporation, Astra Polymers Compounding Co Ltd., BASF, Clariant, Dover Chemical Corporation, Evonik Industries, Lanxess, Milliken & Company, Omnova Solutions Inc., and Oxiris Chemicals S.A.