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Plastic Antioxidants Market Outlook: Size,
Segmentation, and Projections 2025–2032


The global plastic antioxidants market is projected to grow from $3.01 billion in 2025
to $3.99 billion by 2032, at a CAGR of 3.9%. Asia Pacific leads the market with a
53.74% share in 2024. Plastic antioxidants play a pivotal role in safeguarding
polymers from degradation caused by oxidation, extending the lifespan of plastic
products. These additives counteract the detrimental effects of oxygen exposure, UV
radiation, and heat, thereby preserving the structural integrity and performance of
diverse plastic materials.
Plastic antioxidants lead to the counteraction of the harmful effects of heat, UV
radiation, and oxygen exposure, contributing to the preservation of performance and
structural integrity of a wide array of plastic materials. The surging demand for long-
lasting and durable plastics across different industries is fostering the market growth.
Fortune Business Insights™ provides this information in its research report,
titled “Plastic Antioxidants Market, 2025-2032”.

Tariff Impact Analysis for Plastic Antioxidants
Market: https://www.fortunebusinessinsights.com/enquiry/request-
sample-pdf/plastic-antioxidants-market-102368
List of Key Players Mentioned in the Report:
 BASF SE (Germany)
 Clariant (Switzerland)
 ADEKA (Japan)
 Solvay (Belgium)
 Tosaf (Israel)
 Songwon (South Korea)
 Sumitomo (Japan)
 Evonik (Germany)
 Lanxess (Germany)
Segmentation:
Excellent Effectiveness of Primary (Phenolic-based) Products to Propel the
Segment Expansion
In terms of type, the market is divided into blends - primary & secondary
combinations, secondary (phosphites or thioesters), and primary (phenolic-based).
The primary (phenolic-based) segment occupied the largest plastic antioxidants
market share in 2023. The superior effectiveness of phenolic-based products in the
inhibition of oxidation, which makes them a preferred alternative to improve the
performance and durability of plastic materials is augmenting the segment growth.
Massive Applications in the Packaging Industry to Foster the Polyethylene
(PE) Segment Expansion
With respect to application, the market is segregated into Polyethylene (PE),
Polypropylene (PP), Acrylonitrile Butadiene Styrene (ABS), Polystyrene (PS), and
others. The Polyethylene (PE) segment registered the largest share in 2023 on
account of extensive applications in the packaging industry.
From the regional perspective, the market for plastic antioxidants is categorized into
the Middle East & Africa, Europe, North America, Asia Pacific, and Latin America.
Report Coverage
The market research report provides a comprehensive coverage of the strategic
measures implemented by top companies to outshine the competition. In addition, it
offers vital insights into the key segments, COVID-19 pandemic impact, and notable
industry developments. Additional aspects of the report include the significant driving
and restraining factors affecting the market growth.
Drivers and Restraints:
High Focus on Sustainable Solutions to Escalate the Market Expansion
The manufacturers are making the development of eco-friendly antioxidants a priority
to address the concerns pertaining to the environment and be in line with the
transition toward sustainable practices. Moreover, market dynamics are being
reshaped by this trend and there is a focus on the creation of products that improve
the performance of plastics while leading to a more circular and eco-conscious
approach to plastic deployment.

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However, the fluctuations in raw material prices may hamper the plastic antioxidants
market growth.
Regional Insights:
Asia Pacific Dominates Due to Product Deployment in Automotive
Components
Asia Pacific market for plastic antioxidants, valued at USD 1.54 billion in 2023,
accounts for the dominating position. This is on the back of the utilization of the
product in automotive components coupled with a massive production base.
North America’s market growth is driven by the expansion of industries, including
packaging, construction, and automotive, which has led to a parallel increase in the
need for products for plastic material protection.
Information
Source: https://www.fortunebusinessinsights.com/plastic-
antioxidants-market-102368
Competitive Landscape:
Leading Companies Deploy Product Innovations to Boost Their Position
The plastic antioxidants market is witnessing the engagement of key companies in
research and development for the production of superior quality and delivery of
improved attributes. Capacity expansions, joint ventures, and mergers & acquisitions
are some of the strategies opted for by prominent companies to keep ahead of the
competition. A wide array of companies are also focusing on new product
development strategies to stand out from the competition. In this regard, companies
are investing ample amounts into intense research and development activities to
launch innovative capabilities of products.
Key Industry Development:
September 2023: Tosaf announced the release of UV9389PE EU, its new barrier
solution. Moreover, this product ensures that a high blocking effect against UV
radiation is offered by clear packaging films, even at low thickness. Food can be
protected by using this additive from vitamin and flavor loss and discoloration due to
the effects caused by degradation