Innovation and protection: Market for antioxidants
Synthetic antioxidants are indispensable additives in numerous industries. They are used to, e.g., maintain quality and durability of products. Even though antioxidants are applied in very small quantities, their type, amount, and purity have a notable impact on the physical properties as well as processing, durability, and often also economic viability of the final product. Many plastics, for example, would only exhibit limited durability if no antioxidants were used.
Plastics and rubbers are increasing demand
Major consumers of antioxidants in the industrial sector are Plastics, Rubbers, and Fuels. Antioxidants are also indispensable for many lubricants, adhesives, and cosmetics. "These segments will generate an aggregated market volume of about US$7.4 billion with antioxidants", explains Oliver Kutsch, CEO of Ceresana. On the one hand, continuous development of new, more effective antioxidants negatively affected global demand. Positive effects, however, outweigh these as global demand for plastic and rubber products keeps increasing.
Focus on synthetic antioxidants
Antioxidants inhibit the autoxidation of substances by intervening in reactions of free radicals. They are molecules that can prevent or delay the oxidation of other molecules by hindering the reaction with atmospheric oxygen or other chemicals. Both natural as well as synthetic antioxidants are added to many products. This study exclusively focuses on synthetic antioxidants for industrial use.
Detailed market analysis and structured presentation
The international market research institute Ceresana analyzed the market for synthetic antioxidants as a whole as well as demand in the individual application areas Plastics, Rubbers, Fuels, and Other Applications. This study not only contains demand and revenues generated in individual countries, but also an analysis of demand for antioxidants in the most important types of plastics and rubber, split by region. The completely revised and updated second edition of Ceresana's Antioxidant study includes all current and relevant data and facts regarding this market. With the processed information, producers, processors, and traders as well as all other market participants obtain the basis for their strategic and operational planning.
Other news from the department business & finance
Get the chemical industry in your inbox
From now on, don't miss a thing: Our newsletter for the chemical industry, analytics, lab technology and process engineering brings you up to date every Tuesday and Thursday. The latest industry news, product highlights and innovations - compact and easy to understand in your inbox. Researched by us so you don't have to.
