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The functional additives market is forecasted to grow by USD 1,298.84 mn during 2023-2028, accelerating at a CAGR of 5.49% during the forecast period. The report on the functional additives market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising online and internet sales of functional additives, growing demand for functional additives from the pharmaceutical industry, and growing demand for functional additives from the packaging industry.
The functional additives market is segmented as below:
By Application
- Foods and beverages
- Pharmaceutical and healthcare
- Personal care and cosmetics
- Others
By Type
- Oxygen scavengers
- UV stabilizers
- Antistatic agents
- Antimicrobial additives
- Others
By Geography
- APAC
- North America
- Europe
- South America
- Middle East and Africa
The report on the functional additives market covers the following areas:
- Functional additives market sizing
- Functional additives market forecast
- Functional additives market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global functional additives market: ADEKA Corp., Akzo Nobel NV, Altana AG, Amcor Plc, Arkema Group, Avient Corp., BASF SE, Clariant International Ltd., Dow Chemical Co., DuPont de Nemours Inc., Dynea AS, Evonik Industries AG, Lanxess AG, Milliken and Co., RPM International Inc., Sabo Spa, SI Group Inc., Solvay SA, Songwon Industrial Co. Ltd., and The Sherwin Williams Co..Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is growing demand for reverse logistics in packaging.'
According to the report, one of the major drivers for this market is the rising online and internet sales of functional additives.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ADEKA Corp.
- Akzo Nobel NV
- Altana AG
- Amcor Plc
- Arkema Group
- Avient Corp.
- BASF SE
- Clariant International Ltd.
- Dow Chemical Co.
- DuPont de Nemours Inc.
- Dynea AS
- Evonik Industries AG
- Lanxess AG
- Milliken and Co.
- RPM International Inc.
- Sabo Spa
- SI Group Inc.
- Solvay SA
- Songwon Industrial Co. Ltd.
- The Sherwin Williams Co.