Antioxidants are a class of chemical compounds additives, used to delay or inhibit the oxidation of polymers then to prevent aging and prolong the service life of the polymers.
Market Analysis and Insights: Global Oil Soluble Antioxidants Market
Due to the COVID-19 pandemic, the global Oil Soluble Antioxidants market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Synthetic Antioxidants accounting for % of the Oil Soluble Antioxidants global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Plastic Additives segment is altered to an % CAGR throughout this forecast period.
In recent years, the rubber processing industry has developed rapidly. The demand for antioxidants will correspondingly increase. EU and North America are the main consumption markets in recent years.
Global Oil Soluble Antioxidants Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Oil Soluble Antioxidants Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Synthetic Antioxidants
Natural Antioxidants
Segment by Application
Plastic Additives
Fuel Additives
Food Additives
Others
By Company
BASF
Lanxess
SONGWON
SI (Albemarle)
Double Bond Chemical
CYTEC (SOLVAY)
Akzonobel
Clariant
DowDuPont
Sumitomo Chemical
Adeka
Innospec
Kumho Petrochemical
Lubrizol
EVONIK
Addivant
GE(Baker Hughes)
Akrochem
Omnova Solutions
Sunny Wealth Chemicals
Eastman
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina