Packaging Additives Market Size, Share, Key Drivers, Industry Growth and Opportunity Analysis
Data Bridge Market Research analyses that the packaging additives market, which was USD 552.34 million in 2022, would rocket up to USD 786.68 million by 2030 and is expected to undergo a CAGR of 4.52% during the forecast period. “Antimicrobial agents” dominates the type segment of the packaging additives market because it destroys microorganisms or suppresses their multiplication or growth. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
To improve its tangible foundation, production, and preventative properties, packaging additives are added to synthetic organic polymer (Plastic) materials. Packaging additives have the power to modify polyamide and make it easier for makers of packaging to meet the demands of the personal care, cosmetics, beverage, food, and pharmaceutical sectors. The growing markets for consumer goods, including personal care products, food, and beverages, are expected to have a significant influence on the worldwide packaging additives industry.
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Some of the major players operating in the packaging additives market are:
- Akzo Nobel N.V. (The Netherlands)
- ALTANA AG (Germany)
- Arkema (France)
- BASF SE (Germany)
- Verdict Media Limited (U.K.)
- Avient Corporation (U.S.)
- Flint Group (Luxembourg)
- Henkel AG & Co. KGaA (Germany)
- HuberGroup India Private Limited (India)
- The Lubrizol Corporation (U.S.)
- PPG Industries, Inc. (U.S.)
- Sun Chemical (U.S.)
- The Sherwin-Williams Company. (U.S.)
- Wacker Chemie AG (Germany),
Global Packaging Additives Market Scope
Additive Type
- Antimicrobial Agents
- Anti-Fog Agents
- Antistatic Additives
- Clarifying Agents
- Oxygen Scavengers
- UV Stabilizers
- Others.
Packaging Type
- Rigid
- Flexible
- Others
Substrate
- Plastics
- Metals
- Paper & Paperboards
- Others
Application
- Food Applications
- Fresh Food
- Chilled Food
- Frozen Food
- Dairy Products
- Baked Goods
- Snack Foods
- Confectionery
- Dried Foods
- Other Human Food
- Pet Food
- Beverages
- Cold Beverages
- Hot Beverages
- Pharmaceuticals & Health Care
- Cosmetic & Personal Care
- Others
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Packaging Additives Market Regional Analysis/Insights
The Packaging Additives market is analyzed and market size insights and trends are provided by country, material type, end user and application as referenced above.
The countries covered in the Packaging Additives market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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