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Packaging Additive Market

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The global packaging additive market is anticipated to reach USD 1.01 billion by 2024.
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Packaging Additives Market Share, Size, Analysis, Strategies,
Growth, Trend Analysisand Forecasts to 2024 | Hexa Research
"Packaging Additive Market Size Worth USD 1.01
Billion By 2024"
The global Packaging Additive Market is anticipated to reach USD 1.01 billion by 2024. The increasing
demand for the use of additives such as antimicrobial agents, antifog agents, and oxygen scavengers as a
result of protecting the packed product such as food, beverages, and pharmaceutical from the external
environment is expected to boost the market over the forecast period.
In 2016, Asia Pacific contributed to 28.1% of the overall market in terms of revenue. The market is expected
to grow substantially on account of the increasing demand for packed foods and beverages. Moreover, the
growth of the pharmaceutical manufacturing sector in the region is expected to augment the growth of the
market.
The demand for packaging additives is expected to witness a significant growth on account of the
technological development and lower-cost solutions. Moreover, major manufacturing companies are
investing heavily in R&D to introduce innovative products and expanding their presence in the global market
by increasing their production capacity to meet the required demand.
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UV stabilizers were valued at USD 97.8 million in 2016 and are expected to grow on account of its utilization
for protecting the packaged material from the external environment such as infrared radiation and ultraviolet
radiation from sunlight. Increasing demand for barrier protection solutions is expected to drive growth.
Food packaging dominated the global market in 2016 and projected to grow at a CAGR of 4.4% over the
projected period. Additives play a major role in protecting the packed item. In addition, they help in redu cing
the formation of moisture on the surface which allows a consumer to view the product clearly. Aesthetics
play a major role in driving the growth of the market in the application sector.
The pharmaceutical & healthcare segment is anticipated to be the fastest growing application over the
forecast period. These additives provide the necessary chemical and physical stability to the packaged
product by protecting it from the external environment such as light, oxygen, microorganism and moisture.
The increasing demand for these additives due to regulatory pressures and enhanced patient care anticipated
to boost the market over the forecast period. The segment is estimated to be worth USD 212.6 million by
2024.
The key players in the global market are Clariant, Adeka Corporation, Amcor, Songwon Industrial Co. Ltd,
ALTANA AG, Addivant, Cytec Solvay Group, BASF SE, E.I. Du Pont De Nemours & Company and AkzoNobel.
Hexa Research has segmented the global packaging additive market based on type, product, applicat ion and
region:
Segmentation by type, 2014 - 2024 (Tons) (USD Million)
• Antimicrobial agents
• Antifog agents
• Antistatic agents
• Clarifying agent
• Oxygen Scavengers
• UV stabilizers
• Others
Segmentation by product, 2014 - 2024 (Tons) (USD Million)
• Rigid
• Flexible
• Others
Segmentation by application, 2014 - 2024 (Tons) (USD Million)
• Food
• Beverages
• Pharmaceutical & Healthcare
• Cosmetics & Personal care
Segmentation by region, 2014 - 2024 (Tons) (USD Million)
• North America
• U.S.
• Europe
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• Germany
• UK
• Asia Pacific
• China
• India
• Latin America
• Middle East & Africa
Key players analyzed
• Clariant
• Adeka Corporation
• Amcor
• Songwon Industrial Co. Ltd
• ALTANA AG
• Addivant
• Cytec Solvay Group
• BASF SE
• E.I. Du Pont De Nemours and Company
• AkzoNobel
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Table of Content of Packaging Additives Market
Chapter 1. Market Summary
1.1. Market trends & movement
Chapter 2. Global Packaging Additives Market Trends: Drivers & Opportunities
2.1. Introduction
2.2. Market drivers
2.3. Market restraints
2.4. Value chain analysis
2.5. Porter's Five Forces analysis
2.6. SWOT
Chapter 3. Global Packaging Additives Market Trends, By Type
3.1. Global packaging additives market movement, by type, 2016 & 2024
3.1.1. Antimicrobial agents
3.1.1.1. Market estimates and forecast, 2014 - 2024
3.1.2. Anti-fog agents
3.1.2.1. Market estimates and forecast, 2014 - 2024
3.1.3. Antistatic agents
3.1.3.1. Market estimates and forecast, 2014 - 2024
3.1.4. Clarifying agent
3.1.4.1. Market estimates and forecast, 2014 - 2024
3.1.5. Oxygen scavengers
3.1.5.1. Market estimates and forecast, 2014 - 2024
3.1.6. UV stabilizers
3.1.6.1. Market estimates and forecast, 2014 - 2024
3.1.7. Others
3.1.7.1. Market estimates and forecast, 2014 - 2024
Chapter 4. Global Packaging Additives Market Trends, By Product
4.1. Global packaging additives market movement, by product, 2016 & 2024
4.1.1. Rigid
4.1.1.1. Market estimates and forecast, 2014 - 2024
4.1.2. Flexible
4.1.2.1. Market estimates and forecast, 2014 - 2024
4.1.3. Others
4.1.3.1. Market estimates and forecast, 2014 - 2024
Chapter 5. Global Packaging Additives Market Trends, By Application
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5.1. Global packaging additives market movement, by application, 2016 & 2024
5.1.1. Food
5.1.1.1. Market estimates and forecast, 2014 - 2024
5.1.2. Pharmaceutical & Healthcare
5.1.2.1. Market estimates and forecast, 2014 - 2024
5.1.3. Beverages
5.1.3.1. Market estimates and forecast, 2014 - 2024
5.1.4. Cosmetic & Personal care
5.1.4.1. Market estimates and forecast, 2014 - 2024
Chapter 6. Global Packaging Additives Market Trends, By Region
6.1. Global packaging market movement, by region, 2016 & 2024
6.1.1. North America
6.1.1.1. Market estimates and forecast, 2014 - 2024
6.1.1.2. Market estimates and forecast, by type, 2014 - 2024
6.1.1.3. Market estimates and forecast, by product, 2014 - 2024
6.1.1.4. Market estimates and forecast, by application, 2014 - 2024
6.1.2. Europe
6.1.2.1. Market estimates and forecast, 2014 - 2024
6.1.2.2. Market estimates and forecast, by type, 2014 - 2024
6.1.2.3. Market estimates and forecast, by product, 2014 - 2024
6.1.2.4. Market estimates and forecast, by application, 2014 - 2024
6.1.3. Asia Pacific
6.1.3.1. Market estimates and forecast, 2014 - 2024
6.1.3.2. Market estimates and forecast, by type, 2014 - 2024
6.1.3.3. Market estimates and forecast, by product, 2014 - 2024
6.1.3.4. Market estimates and forecast, by application, 2014 - 2024
6.1.4. Latin America
6.1.4.1. Market estimates and forecast, 2014 - 2024
6.1.4.2. Market estimates and forecast, by type, 2014 - 2024
6.1.4.3. Market estimates and forecast, by product, 2014 - 2024
6.1.4.4. Market estimates and forecast, by application, 2014 - 2024
6.1.5. Middle East & Africa
6.1.5.1. Market estimates and forecast, 2014 - 2024
6.1.5.2. Market estimates and forecast, by type, 2014 - 2024
6.1.5.3. Market estimates and forecast, by product, 2014 - 2024
6.1.5.4. Market estimates and forecast, by application, 2014 - 2024
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Chapter 7. Competitive Landscape
7.1. Competitive landscape analysis, 2016
7.2. Strategic framework
7.3. Potential customer base concentration
7.4. Company market positioning
7.5. Company profiles
7.5.1. BASF SE
7.5.1.1. Company Overview
7.5.1.2. Product Benchmarking
7.5.1.3. Financial Performance
7.5.1.4. Recent Initiatives
7.5.2. Songwon Industrial Co. Ltd
7.5.2.1. Company Overview
7.5.2.2. Product Benchmarking
7.5.2.3. Financial Performance
7.5.2.4. Recent Initiatives
7.5.3. Cytec Solvay Group
7.5.3.1. Company Overview
7.5.3.2. Product Benchmarking
7.5.3.3. Financial Performance
7.5.3.4. Recent Initiatives
7.5.4. Clariant
7.5.4.1. Company Overview
7.5.4.2. Product Benchmarking
7.5.4.3. Financial Performance
7.5.4.4. Recent Initiatives
7.5.5. Addivant
7.5.5.1. Company Overview
7.5.5.2. Product Benchmarking
7.5.5.3. Financial Performance
7.5.5.4. Recent Initiatives
7.5.6. Adeka Corporation
7.5.6.1. Company Overview
7.5.6.2. Product Benchmarking
7.5.6.3. Financial Performance
7.5.6.4. Recent Initiatives
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7.5.7. AkzoNobel
7.5.7.1. Company Overview
7.5.7.2. Product Benchmarking
7.5.7.3. Financial Performance
7.5.7.4. Recent Initiatives
7.5.8. ALTANA AG
7.5.8.1. Company Overview
7.5.8.2. Product Benchmarking
7.5.8.3. Financial Performance
7.5.8.4. Recent Initiatives
7.5.9. Amcor
7.5.9.1. Company Overview
7.5.9.2. Product Benchmarking
7.5.9.3. Financial Performance
7.5.9.4. Recent Initiatives
7.5.10. E.I. Du Pont De Nemours and Company
7.5.10.1. Company Overview
7.5.10.2. Product Benchmarking
7.5.10.3. Financial Performance
7.5.10.4. Recent Initiatives
7.5.11. List of other vendors
Chapter 8. Methodology and Scope
8.1. Research methodology
8.2. Research Scope & Assumptions
8.3. List of data sources
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