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    Plastic Antioxidants Market

    ID: MRFR/CnM/3361-HCR
    137 Pages
    Priya Nagrale
    September 2025

    Plastic Antioxidants Market Research Report Information by Polymer Resin (Polyethylene, Polypropylene, Polyvinylchloride, Polystyrene, Acrylonitrile Butadiene Styrene), Antioxidants Type (Phenolic, Phosphite & Phosphonite, Antioxidant Blends) – Forecast till 2030

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    Table of Contents

    Plastic Antioxidants Market Summary

    The Global Plastic Antioxidants Market is projected to grow from 5.57 USD Billion in 2024 to 11.1 USD Billion by 2035.

    Key Market Trends & Highlights

    Plastic Antioxidants Key Trends and Highlights

    • The market is expected to achieve a compound annual growth rate (CAGR) of 6.5 percent from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 11.1 USD Billion, indicating robust growth potential.
    • In 2024, the market is valued at 5.57 USD Billion, reflecting a strong foundation for future expansion.
    • Growing adoption of advanced polymer technologies due to increasing demand for durable materials is a major market driver.

    Market Size & Forecast

    2024 Market Size 5.57 (USD Billion)
    2035 Market Size 11.1 (USD Billion)
    CAGR (2025-2035) 6.5%

    Major Players

    BASF SE, Solvay, SI Group, Inc, Dover Corporation, SAKAI CHEMICAL INDUSTRY CO.,LTD, Evonik Industries AG, LANXESS, Trigon Antioxidants Pvt. Ltd., Krishna Antioxidants Pvt. Ltd, Shandong Linyi Sunny Wealth chemicals Co.,Ltd

    Plastic Antioxidants Market Trends

    The increasing demand for durable and sustainable materials in various industries appears to drive the growth of the plastic antioxidants market, as manufacturers seek to enhance the longevity and performance of their products.

    U.S. Department of Commerce

    Plastic Antioxidants Market Drivers

    Market Growth Projections

    The Global Plastic Antioxidants Market Industry is projected to experience substantial growth over the next decade. With a market value anticipated to reach 11.1 USD Billion by 2035, the industry is poised for significant expansion. This growth is underpinned by various factors, including rising demand across multiple sectors, advancements in technology, and increasing regulatory pressures for sustainable practices. The market is expected to grow at a CAGR of 6.5% from 2025 to 2035, indicating a robust trajectory for the Global Plastic Antioxidants Market Industry.

    Growth in the Packaging Industry

    The packaging industry is a significant driver of the Global Plastic Antioxidants Market Industry, as the demand for high-quality, durable packaging solutions continues to rise. With the increasing focus on food safety and product shelf life, antioxidants play a crucial role in preventing degradation and maintaining the integrity of packaging materials. The expansion of e-commerce and the need for sustainable packaging options further contribute to this growth. As the market evolves, it is expected to reach substantial figures, reinforcing the critical role of antioxidants in enhancing the performance of packaging materials within the Global Plastic Antioxidants Market Industry.

    Rising Demand for Durable Plastics

    The Global Plastic Antioxidants Market Industry is experiencing heightened demand for durable plastics across various sectors, including automotive, packaging, and construction. As industries increasingly prioritize longevity and performance, the need for antioxidants to enhance the stability of plastic materials becomes paramount. For instance, the automotive sector is projected to witness significant growth, with the market expected to reach 5.57 USD Billion in 2024. This trend indicates a robust market for plastic antioxidants, as manufacturers seek to improve the lifespan and resilience of their products, thereby driving the overall growth of the Global Plastic Antioxidants Market Industry.

    Emerging Markets and Economic Growth

    Emerging markets are becoming increasingly important for the Global Plastic Antioxidants Market Industry, driven by rapid industrialization and economic growth. Countries in Asia-Pacific and Latin America are witnessing a surge in plastic production, leading to a higher demand for antioxidants to ensure product stability and longevity. This trend is particularly evident in sectors such as consumer goods and electronics, where quality and durability are paramount. As these markets continue to expand, the Global Plastic Antioxidants Market Industry is likely to benefit from increased consumption and investment in antioxidant technologies.

    Technological Advancements in Polymer Science

    Innovations in polymer science are significantly impacting the Global Plastic Antioxidants Market Industry. Advanced formulations and new antioxidant technologies are being developed to enhance the performance of plastics in various applications. For example, the introduction of multifunctional antioxidants that provide thermal stability and UV protection is gaining traction. These advancements not only improve product quality but also cater to the evolving demands of consumers for high-performance materials. As a result, the market is expected to grow at a CAGR of 6.5% from 2025 to 2035, reflecting the ongoing evolution within the Global Plastic Antioxidants Market Industry.

    Environmental Regulations and Sustainability Initiatives

    The Global Plastic Antioxidants Market Industry is influenced by stringent environmental regulations aimed at reducing plastic waste and promoting sustainability. Governments worldwide are implementing policies that encourage the use of eco-friendly materials and additives, including antioxidants that enhance the recyclability of plastics. This shift towards sustainable practices is likely to propel the market forward, as companies adapt to comply with these regulations. The anticipated growth in the market, projected to reach 11.1 USD Billion by 2035, underscores the importance of integrating sustainable solutions within the Global Plastic Antioxidants Market Industry.

    Market Segment Insights

    Regional Insights

    Key Companies in the Plastic Antioxidants Market market include

    Industry Developments

      • BASF opened the second phase of its new antioxidant manufacturing factory in Shanghai, China, in December 2019, to support the country's fast-growing antioxidants market.
      • CYASORB CYNERGY B878T for building & construction and CYASORB CYNERGY M535 for injection and blow molding applications were introduced by Solvay in 2018. This product introduction bolstered Solvay's plastic additives product lineup, which is likely to grow in popularity soon.
      • The rising application of phosphate and phosphonite inhibitors in the automotive, aviation, construction, and building industries has resulted in a significant increase in the European market.
      • Growing innovation and technological improvement are expected to lead countries like the United Kingdom, Italy, Germany, and France to see significant market expansion over the projection period.
      • The increased consumption of polyethylene and polypropylene resins in the chemical, construction, building, and energy sectors is expected to drive market growth in the Latin American region.

    Plastic Antioxidants Market Industry Developments

    • Q1 2024: SONGWON announces new antioxidant production facility in India Songwon Industrial Co., Ltd. announced the opening of a new manufacturing facility in Gujarat, India, dedicated to the production of plastic antioxidants, aiming to expand its capacity and serve growing demand in Asia.
    • Q2 2024: BASF launches new Irganox® 1520L antioxidant for polyolefins BASF introduced Irganox® 1520L, a new liquid antioxidant designed for polyolefin applications, targeting improved processing stability and extended product life for plastics manufacturers.
    • Q2 2024: BASF and Sinopec expand partnership with new antioxidant plant in China BASF and Sinopec announced the opening of a joint venture plant in Nanjing, China, focused on the production of plastic antioxidants to meet rising demand in the region.
    • Q3 2024: Clariant launches new bio-based plastic antioxidant range Clariant unveiled a new line of bio-based plastic antioxidants, targeting sustainability-focused customers in packaging and automotive sectors.
    • Q3 2024: Evonik opens new research center for polymer additives in Germany Evonik Industries inaugurated a research center in Essen, Germany, dedicated to developing advanced polymer additives, including next-generation plastic antioxidants.
    • Q4 2024: BASF completes acquisition of Chinese antioxidant producer Jiande BASF finalized the acquisition of Jiande, a leading Chinese manufacturer of plastic antioxidants, strengthening its position in the Asia-Pacific market.
    • Q4 2024: Addivant announces partnership with Saudi Aramco for antioxidant supply Addivant entered a strategic partnership with Saudi Aramco to supply plastic antioxidants for use in petrochemical production facilities in the Middle East.
    • Q1 2025: BASF invests €100 million in new antioxidant plant in Belgium BASF announced a €100 million investment to build a new plastic antioxidant manufacturing facility in Antwerp, Belgium, to serve European customers.
    • Q1 2025: GreenAntix raises $20M Series B to scale bio-based plastic antioxidants GreenAntix, a startup specializing in bio-based plastic antioxidants, secured $20 million in Series B funding to expand production and accelerate commercialization.
    • Q2 2025: BASF and Mitsui Chemicals sign agreement for joint development of high-performance antioxidants BASF and Mitsui Chemicals signed a collaboration agreement to jointly develop high-performance plastic antioxidants for automotive and electronics applications.
    • Q2 2025: Clariant opens new antioxidant production line in Switzerland Clariant announced the opening of a new production line for plastic antioxidants at its Muttenz, Switzerland facility, increasing capacity for European markets.
    • Q3 2025: Songwon secures major supply contract with LG Chem for plastic antioxidants Songwon Industrial Co., Ltd. signed a multi-year supply contract with LG Chem to provide plastic antioxidants for use in LG's polymer manufacturing operations.

    Intended Audience

      • Plastic Antioxidants Market Manufacturers
      • Traders and Distributors of Plastic Antioxidants Market
      • Production Process Industries
      • Potential Investors
      • Raw Material Suppliers
      • Nationalized Laboratory 

    Future Outlook

    Plastic Antioxidants Market Future Outlook

    The Global Plastic Antioxidants Market is projected to grow at a 6.5% CAGR from 2024 to 2035, driven by rising demand in packaging, automotive, and electronics sectors.

    New opportunities lie in:

    • Develop bio-based antioxidants to meet sustainability trends.
    • Invest in advanced formulations for high-temperature applications.
    • Expand distribution networks in emerging markets to capture new customer segments.

    By 2035, the market is expected to exhibit robust growth, reflecting evolving industry needs and technological advancements.

    Market Segmentation

    Report Scope

    Attribute/Metric Details
      Market Size   2030 : 5.57 billion
      CAGR   2022–2030: 6.50% CAGR
      Base Year   2021
      Forecast Period   2022 to 2030
      Historical Data   2019 & 2020
      Forecast Units   Value (USD Million)
      Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends Segments Covered By Type, By Application, By End-User Geographies Covered North America, Europe, Asia-Pacific, and Rest of the World (RoW) Key Vendors Becton, Dickinson and Company, Sunphoria Co. Ltd., Narang Medical Limited, CML Biotech, Bio – X, Labtech Disposables, Hebei Xinle Sci &Tech Co., Ltd., Greiner Bio-One International, Biosigma, Medtronic plc., Terumo Key Market Opportunities Blood tests are carried out for diagnosis of various diseases such as diabetes, HIV, anemia, and cardiovascular diseases, among others which are expected to boost the market growth for vacuum blood collection tubes Key Market Drivers Growing investments in vacuum blood collection devices Increasing blood transfusion increasing adoption of blood collection devices.
      Segments Covered   By Polymer Resin, Antioxidants Type and Region
      Geographies Covered    North America, Europe, Asia-Pacific, and Rest of the World (RoW)
      Key Vendors   BASF SE(Germany), Solvay(Belgium), SI Group, Inc(U.S.), Dover Corporation(U.S.), SAKAI CHEMICAL INDUSTRY CO.,LTD(Japan), Evonik Industries AG(Germany), LANXESS( Germany), Trigon Antioxidants Pvt. Ltd.( India), Krishna Antioxidants Pvt. Ltd( India), Shandong Linyi Sunny Wealth chemicals Co.,Ltd (China), among others.
      Key Market Opportunities   Excellent tensile strength, anti-ageing with impact resistance.
      Key Market Drivers   Its growing use in food packaging, heavy duty sacks, hygiene films, compounding, and others.

    Market Highlights

    Author
    Priya Nagrale
    Senior Research Analyst

    With an experience of over five years in market research industry (Chemicals & Materials domain), I gather and analyze market data from diverse sources to produce results, which are then presented back to a client. Also, provide recommendations based on the findings. As a Senior Research Analyst, I perform quality checks (QC) for market estimations, QC for reports, and handle queries and work extensively on client customizations. Also, handle the responsibilities of client proposals, report planning, report finalization, and execution

    Get In Touch
    Leave a Comment

    FAQs

    What are plastic antioxidants and what are major factors driving their applications?

    Plastic antioxidants offer great protection against thermally induced oxidation. Excellent tensile strength and anti-ageing & impact resistance that these materials offer drive their applications across the major industries.

    What are the major application areas of plastic antioxidants?

    Plastic antioxidants find their major applications in aerospace, automotive, and petrochemicals industries.

    Which region holds the largest share in the plastic antioxidants market?

    Asia Pacific holds the largest share in the global plastic antioxidants market followed by North America and Europe, respectively.

    What are the key growth strategies of plastic antioxidants industry players?

    Strategic initiatives such as mergers & acquisitions, collaborations, expansion, and technology/ product launch are some of the growth strategies that players operating in the global Plastic antioxidants market adopt to gain a larger competitive advantage.

    Who are the top players in the global plastic antioxidants market?

    Solvay(Belgium), BASF SE(Germany), SI Group, Inc. (US), Sakai Chemical Industry Co., Ltd. (Japan), Dover Corporation(US), Evonik Industries AG(Germany), Trigon Antioxidants Pvt. Ltd.(India), LANXESS(Germany), Krishna Antioxidants Pvt. Ltd.(India), and Shandong Linyi Sunny Wealth Chemicals Co., Ltd (China), are some of the leading players in the global plastic antioxidants market.

    1. Executive Summary
    2. Scope of the Report
      1. Market Definition
      2. Scope of the Study
        1. Research Objectives
        2. Assumptions & Limitations
      3. Markets Structure
    3. Market Research
    4. Methodology
      1. Research Process
      2. Secondary Research
      3. Primary
    5. Research
      1. Forecast Model
    6. Market Landscape
      1. Five Forces Analysis
        1. Threat of New Entrants
        2. Bargaining power of buyers
    7. Threat of substitutes
      1. Segment rivalry
      2. Value Chain/Supply Chain
    8. of Global Plastic Antioxidants Market
    9. Industry Overview of Global Plastic
    10. Antioxidants Market
      1. Introduction
      2. Growth Drivers
      3. Impact
    11. analysis
      1. Market Challenges
    12. Market Trends
      1. Introduction
      2. Growth Trends
      3. Impact analysis
    13. Global Plastic Antioxidants
    14. Market by Polymer Resin
      1. Introduction
      2. Polyethylene
        1. Market
    15. Estimates & Forecast, 2020-2027
      1. Market Estimates & Forecast by
    16. Region, 2020-2027
      1. Polypropylene
        1. Market Estimates & Forecast,
        2. Market Estimates & Forecast by Region, 2020-2027
    17. Polyvinylchloride
      1. Market Estimates & Forecast, 2020-2027
    18. Market Estimates & Forecast by Region, 2020-2027
      1. Polystyrene
    19. Market Estimates & Forecast, 2020-2027
      1. Market Estimates & Forecast
    20. by Region, 2020-2027
      1. Acrylonitrile butadiene styrene
        1. Market
    21. Estimates & Forecast, 2020-2027
      1. Market Estimates & Forecast by
    22. Region, 2020-202
    23. Global Plastic Antioxidants Market by Antioxidants type
      1. Introduction
      2. Phenolic
        1. Market Estimates & Forecast,
        2. Market Estimates & Forecast by Region, 2020-2027
    24. Phosphite & phosphonite
      1. Market Estimates & Forecast, 2020-2027
        1. Market Estimates & Forecast by Region, 2020-2027
      2. Antioxidant
    25. blends
      1. Market Estimates & Forecast, 2020-2027
        1. Market
    26. Estimates & Forecast by Region, 2020-2027
    27. Global Plastic Antioxidants
    28. Market by Region
      1. Introduction
      2. North America
        1. Market
    29. Estimates & Forecast, 2020-2027
      1. Market Estimates & Forecast by
    30. Polymer resin, 2020-2027
      1. Market Estimates & Forecast by Antioxidant
    31. type, 2020-2027
      1. U.S.
        1. Market Estimates & Forecast, 2020-2027
    32. Market Estimates & Forecast by Antioxidant type, 2020-2027
      1. Canada
        1. Market Estimates & Forecast, 2020-2027
    33. & Forecast by Polymer resin, 2020-2027
      1. Market Estimates & Forecast
    34. by Antioxidant type, 2020-2027
      1. Mexico
        1. Market Estimates &
    35. Forecast, 2020-2027
      1. Market Estimates & Forecast by Polymer resin,
        1. Market Estimates & Forecast by Antioxidant type, 2020-2027
      2. Europe
        1. Market Estimates & Forecast, 2020-2027
        2. Market
    36. Estimates & Forecast by Polymer resin, 2020-2027
      1. Market Estimates
    37. & Forecast by Antioxidant type, 2020-2027
      1. Germany
        1. Market
    38. Estimates & Forecast, 2020-2027
      1. Market Estimates & Forecast
    39. by Polymer resin, 2020-2027
      1. Market Estimates & Forecast by Antioxidant
    40. type, 2020-2027
      1. France
        1. Market Estimates & Forecast,
    41. Italy
      1. Market Estimates & Forecast, 2020-2027
        1. Market
    42. Estimates & Forecast by Polymer resin, 2020-2027
      1. Market Estimates
    43. & Forecast by Antioxidant type, 2020-2027
      1. Spain
        1. Market
    44. Estimates & Forecast, 2020-2027
      1. Market Estimates & Forecast
    45. by Polymer resin, 2020-2027
      1. Market Estimates & Forecast by Antioxidant
    46. type, 2020-2027
      1. UK
        1. Market Estimates & Forecast, 2020-2027
    47. Market Estimates & Forecast by Antioxidant type, 2020-2027
      1. Asia Pacific
        1. Market Estimates & Forecast, 2020-2027
        2. Market Estimates &
    48. Forecast by Polymer resin, 2020-2027
      1. Market Estimates & Forecast
    49. by Antioxidant type, 2020-2027
      1. China
        1. Market Estimates &
    50. Forecast, 2020-2027
      1. Market Estimates & Forecast by Polymer resin,
        1. Market Estimates & Forecast by Antioxidant type, 2020-2027
        2. India
    51. Market Estimates & Forecast by Polymer resin, 2020-2027
      1. Market
    52. Estimates & Forecast by Antioxidant type, 2020-2027
      1. Japan
    53. Market Estimates & Forecast, 2020-2027
      1. Market Estimates & Forecast
    54. by Polymer resin, 2020-2027
      1. Market Estimates & Forecast by Antioxidant
    55. type, 2020-2027
      1. Australia
        1. Market Estimates & Forecast,
    56. New Zealand
      1. Market Estimates & Forecast, 2020-2027
    57. Market Estimates & Forecast by Polymer resin, 2020-2027
      1. Market
    58. Estimates & Forecast by Antioxidant type, 2020-2027
      1. Rest of Asia
    59. Pacific
      1. Market Estimates & Forecast, 2020-2027
        1. Market
    60. Estimates & Forecast by Polymer resin, 2020-2027
      1. Market Estimates
    61. & Forecast by Antioxidant type, 2020-2027
      1. Middle East & Africa
        1. Market Estimates & Forecast, 2020-2027
        2. Market Estimates
    62. & Forecast by Polymer resin, 2020-2027
      1. Market Estimates & Forecast
    63. by Antioxidant type, 2020-2027
      1. Turkey
        1. Market Estimates &
    64. Forecast, 2020-2027
      1. Market Estimates & Forecast by Polymer resin,
        1. Market Estimates & Forecast by Antioxidant type, 2020-2027
        2. Israel
    65. Market Estimates & Forecast by Polymer resin, 2020-2027
      1. Market
    66. Estimates & Forecast by Antioxidant type, 2020-2027
      1. North Africa
        1. Market Estimates & Forecast, 2020-2027
    67. & Forecast by Polymer resin, 2020-2027
      1. Market Estimates & Forecast
    68. by Antioxidant type, 2020-2027
      1. GCC
        1. Market Estimates &
    69. Forecast, 2020-2027
      1. Market Estimates & Forecast by Polymer resin,
        1. Market Estimates & Forecast by Antioxidant type, 2020-2027
        2. Rest of Middle East & Africa
    70. Latin America
      1. Market Estimates & Forecast, 2020-2027
        1. Market
    71. Estimates & Forecast by Polymer resin, 2020-2027
      1. Market Estimates
    72. & Forecast by Antioxidant type, 2020-2027
      1. Brazil
        1. Market
    73. Estimates & Forecast, 2020-2027
      1. Market Estimates & Forecast
    74. by Polymer resin, 2020-2027
      1. Market Estimates & Forecast by Antioxidant
    75. type, 2020-2027
      1. Argentina
        1. Market Estimates & Forecast,
    76. Rest of Latin America
      1. Market Estimates & Forecast, 2020-2027
        1. Market Estimates & Forecast by Polymer resin, 2020-2027
    77. Market Estimates & Forecast by Antioxidant type, 2020-2027
    78. Company
    79. Landscape
    80. Company Profiles
      1. BASF SE
        1. Company Overview
        2. Product/Business Segment Overview
        3. Financial Updates
    81. Key Developments
      1. Solvay
        1. Company Overview
        2. Product/Business
    82. Segment Overview
      1. Financial Updates
        1. Key Developments
    83. SI Group, Inc
      1. Company Overview
        1. Product/Business Segment
    84. Overview
      1. Financial Updates
        1. Key Developments
      2. Dover
    85. Corporation
      1. Company Overview
        1. Product/Business Segment Overview
        2. Financial Updates
        3. Key Developments
      2. SAKAI CHEMICAL
    86. INDUSTRY CO.,LTD
      1. Company Overview
        1. Product/Business Segment
    87. Overview
      1. Financial Updates
        1. Key Developments
      2. Evonik
    88. Industries AG
      1. Company Overview
        1. Product/Business Segment
    89. Overview
      1. Financial Updates
        1. Key Developments
      2. LANXESS
        1. Company Overview
        2. Product/Business Segment Overview
    90. Financial Updates
      1. Key Developments
      2. Trigon Antioxidants Pvt.
    91. Ltd.
      1. Company Overview
        1. Product/Business Segment Overview
        2. Financial Updates
        3. Key Developments
      2. Krishna Antioxidants
    92. Pvt. Ltd
      1. Company Overview
        1. Product/Business Segment Overview
        2. Financial Updates
        3. Key Developments
      2. Shandong Linyi
    93. Sunny Wealth chemicals Co.,Ltd
      1. Company Overview
        1. Product/Business
    94. Segment Overview
      1. Financial Updates
        1. Key Developments
    95. Conclusion
    96. (2020 To 2027)
    97. Asia-Pacific Plastic Antioxidants Market: By Country, 2020-2027
    98. Middle East & Africa Plastic Antioxidants Market: By Country, 2020-2027
    99. Global Plastic Antioxidants by Polymer resin Market: By Regions, 2020-2027
    100. Country, 2020-2027
    101. Market: By Country, 2020-2027
    102. by Polymer resin Market: By Country, 2020-2027
    103. Antioxidants by Polymer resin Market: By Country, 2020-2027
    104. Plastic Antioxidants by Antioxidant type Market: By Regions, 2020-2027
    105. North America Plastic Antioxidants by Antioxidant type Market: By Country, 2020-2027
    106. By Country, 2020-2027
    107. by Antioxidant type Market: By Country, 2020-2027
    108. Antioxidants by Antioxidant type Market: By Country, 2020-2027
    109. Polymer resin Market: By Region, 2020-2027
    110. By Region, 2020-2027
    111. America Plastic Antioxidants Market, By Polymer resin
    112. Plastic Antioxidants Market, By Antioxidant type
    113. Market, By Country
    114. resin
    115. Asia-Pacific: Plastic Antioxidants Market, By Country
    116. Plastic Antioxidants Market, By Polymer resin
    117. Antioxidants Market, By Antioxidant type
    118. Plastic Antioxidants Market, By Country
    119. Antioxidants Market, By Polymer resin
    120. Antioxidants Market, By Antioxidant type
    121. Market, By Country
    122. resin
    123. Antioxidants Market
    124. of Polymer resin
    125. resin, 2020
    126. resin, 2020 to 2027
    127. type, 2020
    128. type, 2020 to 2027

    Plastic Antioxidants Market Segmentation

    Market Segmentation Overview

    • Detailed segmentation data will be available in the full report
    • Comprehensive analysis by multiple parameters
    • Regional and country-level breakdowns
    • Market size forecasts by segment
    Plastic Antioxidants Market Research Report- Forecast to 2030 Infographic
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