Global Plastic Additives Market Size, Share, Opportunities, And Trends By Type (Biostabilizers, Antioxidants, Antistatic Agents, Plasticisers, Flame Retardants, Others), By Plastic Type (Polyethylene, Polyurethanes, Polyvinyl Chloride (PVC), Polyamide, Polyethylene Terephthalate (PET), Others), By End-User Industry (Automotive, Construction, Packaging, Transportation, Others), And By Geography - Forecasts From 2025 To 2030

The global plastic additives market is valued at US$57.636 billion in 2025 and is expected to grow at a compound annual growth rate of 4.96% to reach a market size of US$69.942 billion in 2030.

The penetration of plastics is increasing as they are being used in a majority of consumer products. There are additives available, such as bio-stabilizers, antioxidants, and flame retardants, which are added to plastics to enhance their properties. In conjunction, there is a burgeoning demand for plastic products with enhanced properties in various end-user industries, such as the packaging, automotive, and construction industries, among others.

The rising demand for plastic across various end-use industries is a major driver of the plastic additives market.

However, the stringent regulations by international government bodies and organizations, such as the Environmental Protection Agency (EPA), regarding the unlawful and improper disposal of waste plastics and additive materials by end-user industries is a factor that is restraining the plastic additives market growth.

What are the global plastic additives market drivers?

• Market players are becoming more involved in the market competition by launching products to promote the adoption of plastic additives in rapidly advancing industries. With new product introductions at K 2022, Songwon Industrial Co., Ltd., the second-largest producer of polymer stabilizers globally and a major participant in the specialty chemicals market, demonstrates its continued dedication to the plastics sector. Moreover, Clariant showcased how its versatile additive solutions are opening up new horizons and additional values for the future of the plastics industry in China in 2023. Apart from AddWorks PKG 906 Circle and AddWorks AGC 970 G stabilizers of its recycling sort and service life extension of the plastic film. The new AddWorks PKG 158 in the packaging exhibition area offers enhanced performance compared to its previous product range.
• In the construction industry, the main factor fueling the market growth is the extensive usage in the retrofitting and renovation of homes, along with the rising construction of new houses. In line with this, construction is contributing significantly to the economy of the United States. According to data, there are 919 thousand construction enterprises in the United States in 2023.
• Besides this, automobile manufacturers are increasingly using plastic additives to make cars safer and fuel-efficient. The vehicles are being made more lightweight with the help of these additives to reduce carbon emissions and facilitate the proper contouring and design of the interior. According to the American Chemistry Council, the overall plastics used in vehicles make up 50% of the volume of average cars but less than 10% of their weight. Further, in 2022, according to the International Energy Agency, the global sales of electric buses and heavy-duty trucks were estimated to be 66,000 and 60,000, respectively, and these two segments comprised about 4.5% of total bus sales and 1.2% of total truck sales.

Segment analysis of the global plastic additives market:

• By type, biostabilizers are anticipated to be one of the fastest-growing segments in the plastic additives market.

The biostabilizers segment is anticipated to account for a considerable market share. The usage of bio-stabilizers can prevent the degradation of plastic while allowing it to retain its physical properties. This is increasingly important as the end product must be of good quality so that its function is not impaired. In addition, the usage of plasticizers is increasing, as plasticizers can aid the plastics in achieving optimum flexibility and durability to the plastic material and lead to an increase in the improvement of the compound processing characteristics.

• By plastic type, the polyethylene segment is anticipated to hold the maximum market share.

Plastic is a widely used material in the production and packaging of a variety of goods, intermediate as well as finished goods. Although some industries do not use plastic materials in their products, it is used in packaging, construction, transportation, and other industries. The most commonly used and preferred type of plastic material is polyethylene. High-density polyethylene (HDPE) and low-density polyethylene (LDPE) are the two types of plastics used mainly for their optimum strength and non-leaching properties.

• Asia Pacific’s plastic additives market is anticipated to grow significantly.

Geographically, the Asia Pacific region is one of the major markets for plastic additives manufacturers owing to the well-developed and flourishing automotive sector in countries such as India and China. In addition, the growing number of construction activities in the Asia Pacific is contributing to its regional market growth. Data released by the American Institute of Architects’ (AIA) Shanghai office indicate that China is expected to construct ten cities similar to New York by 2025. Further, a notice for the Implementation of Urban Renewal Actions in 2020 was released by the Ministry of Housing and Urban-Rural Development (MOHURD) following China's 14th Five-Year Plan. Thus, while China has been rapidly urbanizing, with its rate of urbanization standing at 64.7% in 2022, the government’s goal is to enhance the Chinese cities' quality of life by implementing this urban transformation policy and developing eco-friendly cities.

Nonetheless, North America is also anticipated to hold a decent market share owing to the presence of major packaging solution providers in the region. This growth is supported by augmenting demand from the food and beverage and pharmaceutical sectors in countries such as the US, which require stringent packing solutions to protect the quality of the end product. For instance, as per the Government of Canada, total investments in commercial buildings rose from $3,860 million in 2022 to $4,016 million in 2023.

Key developments in the global plastic additives market:

• In September 2023, following a certified biomass balancing method, BASF introduced a new line of drop-in additives based on bio-attributed raw materials. The first products in the new line are the antioxidants Irganox 1010 BMBcert and Irganox 1076 BMBcert; both have been certified by TÜV Nord under ISCC Plus.
• In May 2023, as a method of helping its clients improve the efficacy of their operations and enhance the quality of their recycled plastics, Evonik introduced several additives known as TEGO Cycle. The TEGO Cycle additive range can be used to reduce the energy demand for these steps in mechanical recycling while simultaneously improving the polymer properties. This makes the plastics chain a “value cycle” so that consumers can benefit from the cycle instead of being locked in by the products.

Global Plastic Additives Market Scope:

Report Metric	Details
Global Plastic Additives Market Size in 2025	US$57.636 billion
Global Plastic Additives Market Size in 2030	US$69.942 billion
Growth Rate	CAGR of 4.96%
Study Period	2020 to 2030
Historical Data	2020 to 2023
Base Year	2025
Forecast Period	2025 – 2030
Forecast Unit (Value)	USD Billion
Segmentation	Type Plastic Type End-User Industry Geography
Geographical Segmentation	North America, South America, Europe, Middle East and Africa, Asia Pacific
List of Major Companies in the Global Plastic Additives Market	BASF SE Arkema Dow Lanxess Adeka Corporation
Customization Scope	Free report customization with purchase

 

The global plastic additives market is analyzed into the following segments:

• By Type
  • Biostabilizers
  • Antioxidants
  • Antistatic Agents
  • Plasticizers
  • Flame Retardants
  • Others
• By Plastic Type
  • Polyethylene
  • Polyurethanes
  • Polyvinyl Chloride (PVC)
  • Polyamide
  • Polyethylene Terephthalate (PET)
  • Others
• By End-User Industry
  • Automotive
  • Construction
  • Packaging
  • Transportation
  • Others
• By Geography
  • North America
    • United States
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Rest of the Middle East and Africa
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Taiwan
    • Thailand
    • Indonesia
    • Rest of Asia-Pacific

1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base and Forecast Years Timeline

1.8. Key benefits for the stakeholders

2. RESEARCH METHODOLOGY  

2.1. Research Design

2.2. Research Process

3. EXECUTIVE SUMMARY

3.1. Key Findings

3.2. Analyst View

4. MARKET DYNAMICS

4.1. Market Drivers

4.1.1. Expanding End-Use Industries

4.1.2. Technological Advancements

4.2. Market Restraints

4.2.1. Environmental Concerns

4.2.2. Availability of Substitutes

4.3. Porter’s Five Forces Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. The Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

5. GLOBAL PLASTIC ADDITIVES MARKET BY TYPE

5.1. Introduction

5.2. Biostabilizers

5.3. Antioxidants

5.4. Antistatic Agents

5.5. Plasticizers

5.6. Flame Retardants

5.7. Others

6. GLOBAL PLASTIC ADDITIVES MARKET BY PLASTIC TYPE

6.1. Introduction

6.2. Polyethylene

6.3. Polyurethanes

6.4. Polyvinyl Chloride (PVC)

6.5. Polyamide

6.6. Polyethylene Terephthalate (PET)

6.7. Others

7. GLOBAL PLASTIC ADDITIVES MARKET BY END-USER INDUSTRY

7.1. Introduction

7.2. Automotive

7.3. Construction

7.4. Packaging

7.5. Transportation

7.6. Others

8. GLOBAL PLASTIC ADDITIVES MARKET BY GEOGRAPHY

8.1. Global Overview

8.2. North America

8.2.1. United States

8.2.2. Canada

8.2.3. Mexico

8.3. South America

8.3.1. Brazil

8.3.2. Argentina

8.3.3. Rest of South America

8.4. Europe

8.4.1. United Kingdom

8.4.2. Germany

8.4.3. France

8.4.4. Italy

8.4.5. Spain

8.4.6. Rest of Europe

8.5. Middle East and Africa

8.5.1. Saudi Arabia

8.5.2. United Arab Emirates

8.5.3. Rest of the Middle East and Africa

8.6. Asia-Pacific

8.6.1. China

8.6.2. India

8.6.3. Japan

8.6.4. South Korea

8.6.5. Taiwan

8.6.6. Thailand

8.6.7. Indonesia

8.6.8. Rest of Asia-Pacific

9. COMPETITIVE ENVIRONMENT AND ANALYSIS

9.1. Major Players and Strategy Analysis

9.2. Market Share Analysis

9.3. Mergers, Acquisitions, Agreements, and Collaborations

9.4. Competitive Dashboard

10. COMPANY PROFILES

10.1. BASF SE

10.2. Arkema

10.3. Dow

10.4. Lanxess

10.5. Adeka Corporation

10.6. Wacker Chemie AG

10.7. Clariant

10.8. SABO S.p.A

10.9. Exxon Mobil Corporation

10.10. BioSphere Plastic LLC

10.11. Evonik Industries AG

10.12. Asahi Kasei

BASF SE

Arkema

Dow

Lanxess

Adeka Corporation

Wacker Chemie AG

Clariant

SABO S.p.A

Exxon Mobil Corporation

BioSphere Plastic LLC

Evonik Industries AG

Asahi Kasei