Plastics Modifiers Market Report 2026

The plastics modifiers market size has grown strongly in recent years. It will grow from $5.61 billion in 2025 to $6.07 billion in 2026 at a compound annual growth rate (CAGR) of 8.1%. The growth in the historic period can be attributed to expansion of plastics manufacturing capacity, increasing use of additives in construction plastics, growth of automotive plastic applications, rising demand for flexible packaging materials, availability of diversified modifier chemistries.

The plastics modifiers market size is expected to see strong growth in the next few years. It will grow to $8.27 billion in 2030 at a compound annual growth rate (CAGR) of 8.1%. The growth in the forecast period can be attributed to increasing demand for high-performance engineering plastics, rising focus on recyclable modifier formulations, expansion of electric vehicle plastic components, growing investments in advanced polymer additives, increasing adoption of specialty plastic compounds. Major trends in the forecast period include increasing demand for high-impact plastic modifiers, rising use of performance-enhancing additives, growing adoption of pvc modification solutions, expansion of modifier use in lightweight automotive plastics, enhanced focus on material durability.

The growth of the packaging industry is expected to drive the expansion of the plastic modifiers market in the coming years. The packaging sector focuses on the design, production, and supply of materials and containers that protect and present goods for commercial and logistical use. Expansion in this industry is being supported by the rapid rise of online shopping and advancements in sustainable and eco-friendly packaging solutions. Plastic modifiers play a vital role in packaging applications by enhancing the flexibility, durability, and impact resistance of plastic materials, thereby improving packaging strength, barrier performance, and recyclability. For example, in August 2024, according to the Flexible Packaging Association, a US-based trade organization representing flexible packaging manufacturers and suppliers, the US flexible packaging industry generated approximately $42.9 billion in sales in 2023, reflecting a 3.4% increase from $41.5 billion in 2022. As a result, the expansion of the packaging industry is fueling growth in the plastic modifiers market.

Companies operating in the plastics modifiers market are increasingly focused on developing sustainable polymer modifiers that improve plastic performance while reducing environmental impact, in response to rising demand for environmentally responsible materials across industries. Sustainable polymer modifiers enhance material properties while supporting eco-friendly solutions. For instance, in January 2024, UBQ Materials, an Israel-based cleantech manufacturing company, introduced its Sustainability Product Portfolio, a global range of bio-based material alternatives, sustainability additives, and polymer modifiers derived from its proprietary waste-to-materials technology. This portfolio includes products such as UBQ ClimaPos, a climate-positive additive that can help shift a product’s carbon footprint toward neutrality even at low inclusion levels, along with modifiers like UBQ Nclozur for odor control and UBQ Impact for enhanced impact resistance when blended with common polymer matrices. These solutions enable manufacturers across sectors including consumer goods, construction, automotive, and logistics to combine circularity, waste reduction, and carbon emission mitigation with maintained or improved performance and processability.

In May 2024, KCC Corporation, a South Korea-based chemical and automotive parts manufacturer, acquired Momentive Performance Materials Group for an undisclosed amount. Through this acquisition, KCC Corporation seeks to streamline ownership and sharpen its strategic focus by fully integrating Momentive, enabling the company to drive innovation and growth through operational synergies and expanded market reach. The transaction is intended to strengthen Momentive’s position in the advanced materials sector and support its ongoing development. Momentive Performance Materials Group is a US-based company specializing in the development of advanced modifiers designed to enhance material properties.

Major companies operating in the plastics modifiers market are BASF SE, The Dow Chemical Company, Saudi Basic Industries Corporation (SABIC), 3M Company, Mitsubishi Chemical Corporation, LG Chem Ltd., Sumitomo Chemical Co. Ltd., Covestro AG, Solvay S.A., DuPont de Nemours Inc., Arkema S.A., LANXESS AG, Formosa Plastics Corporation, Albemarle Corporation, Tosoh Corporation, Clariant AG, Kaneka Corporation, Cabot Corporation, SI Group Inc., Ampacet Corporation, Songwon Industrial Co. Ltd., RTP Company, Akdeniz Chemson Additives AG, Sundow Polymers Co. Ltd., Shandong Novista Chemicals Co. Ltd.

Asia-Pacific was the largest region in the plastics modifiers market in 2025, and is expected to be the fastest-growing region in the forecast period. The regions covered in the plastics modifiers market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the plastics modifiers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The plastics modifiers market consists of sales of ultraviolet (UV) stabilizers, flame retardants, plasticizers, antioxidants, processing aids, coupling agents, lubricants, colorants, and nucleating agents. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

This product will be delivered within 1-3 business days.