The North America Plastic Additives Market would witness market growth of 5.0% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 3,489.9 Kilo tonnes, showcasing a growth of 4.3% (2019-2022).
The plastic additives market is pivotal in enhancing plastic materials' performance, functionality, and versatility, which are ubiquitous in daily lives. As industrialization and technological advancements continue to propel the demand for plastic products, the importance of additives becomes increasingly apparent. These additives are chemical compounds incorporated into the polymer matrix during manufacturing, influencing various properties of plastics, such as strength, flexibility, durability, and flame resistance.
Additionally, the packaging industry stands as a major consumer of plastic additives. Additives such as stabilizers, antioxidants, and antimicrobial agents are crucial in extending the shelf life of packaged goods and preventing degradation caused by exposure to light, heat, and oxygen. Additionally, plasticizers enhance the flexibility of packaging materials, while colorants and UV stabilizers contribute to aesthetic appeal and protect against ultraviolet radiation.
Canada has invested in significant infrastructure projects, including roads, bridges, and public transportation. Plastic additives construct various infrastructure components, such as pipes, cables, and insulation materials. According to Statistics Canada, in July 2023, non-residential construction investments increased marginally by 0.5%, reaching $5.9 billion. Commercial investment increased by a mere 0.3% to $3.3 billion, whereas industrial investment rose by 0.6% to $1.2 billion. Investments in institutional construction increased by 1.2% to $1.5 billion. Thus, the rising construction sector in North America will help drive the expansion of the in the region.
The US market dominated the North America Plastic Additives Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $12,725.2 million by 2030. The Canada market is experiencing a CAGR of 7.3% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 6.4% during (2023 - 2030).
Free Valuable Insights: The Plastic Additives Market is Predict to reach USD 79.4 Billion by 2030, at a CAGR of 5.2%
Based on Plastic Type, the market is segmented into High-Performance Plastics, Commodity Plastic, and Engineering Plastic. Based on Application, the market is segmented into Building & Construction, Packaging, Automotive, Consumer Goods, Agriculture, Electrical & Electronics, and Others. Based on Type, the market is segmented into Plasticizers, Flame Retardants, Impact Modifiers, Antioxidants, Lubricants, Antimicrobials, UV Stabilizers, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- BASF SE
- Exxon Mobil Corporation
- Clariant AG
- Kaneka Corporation
- Lanxess AG
- The Dow Chemical Company
- Evonik Industries AG (RAG-Stiftung)
- Songwon Industrial Co., Ltd.
- Nouryon (Carlyle and GIC.)
- Albemarle Corporation
North America Plastic Additives Market Report Segmentation
By Plastic Type (Volume, Kilo Tonnes, USD Billion, 2019-2023)
- High-Performance Plastics
- Commodity Plastic
- Engineering Plastic
By Application (Volume, Kilo Tonnes, USD Billion, 2019-2023)
- Building & Construction
- Packaging
- Automotive
- Consumer Goods
- Agriculture
- Electrical & Electronics
- Others
By Type (Volume, Kilo Tonnes, USD Billion, 2019-2023)
- Plasticizers
- Flame Retardants
- Impact Modifiers
- Antioxidants
- Lubricants
- Antimicrobials
- UV Stabilizers
- Others
By Country (Volume, Kilo Tonnes, USD Billion, 2019-2023)
- US
- Canada
- Mexico
- Rest of North America
TABLE 1 North America Plastic Additives Market, 2019 - 2022, USD Million
TABLE 2 North America Plastic Additives Market, 2023 - 2030, USD Million
TABLE 3 North America Plastic Additives Market, 2019 - 2022, Kilo Tonnes
TABLE 4 North America Plastic Additives Market, 2023 - 2030, Kilo Tonnes
TABLE 5 Partnerships, Collaborations and Agreements– Wireless Audio Devices Market
TABLE 6 Product Launches And Product Expansions– Wireless Audio Devices Market
TABLE 7 Acquisition and Mergers– Wireless Audio Devices Market
TABLE 8 North America Plastic Additives Market by Plastic Type, 2019 - 2022, USD Million
TABLE 9 North America Plastic Additives Market by Plastic Type, 2023 - 2030, USD Million
TABLE 10 North America Plastic Additives Market by Plastic Type, 2019 - 2022, Kilo Tonnes
TABLE 11 North America Plastic Additives Market by Plastic Type, 2023 - 2030, Kilo Tonnes
TABLE 12 North America High-Performance Plastics Market by Country, 2019 - 2022, USD Million
TABLE 13 North America High-Performance Plastics Market by Country, 2023 - 2030, USD Million
TABLE 14 North America High-Performance Plastics Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 15 North America High-Performance Plastics Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 16 North America Commodity Plastic Market by Country, 2019 - 2022, USD Million
TABLE 17 North America Commodity Plastic Market by Country, 2023 - 2030, USD Million
TABLE 18 North America Commodity Plastic Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 19 North America Commodity Plastic Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 20 North America Engineering Plastic Market by Country, 2019 - 2022, USD Million
TABLE 21 North America Engineering Plastic Market by Country, 2023 - 2030, USD Million
TABLE 22 North America Engineering Plastic Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 23 North America Engineering Plastic Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 24 North America Plastic Additives Market by Application, 2019 - 2022, USD Million
TABLE 25 North America Plastic Additives Market by Application, 2023 - 2030, USD Million
TABLE 26 North America Plastic Additives Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 27 North America Plastic Additives Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 28 North America Building & Construction Market by Country, 2019 - 2022, USD Million
TABLE 29 North America Building & Construction Market by Country, 2023 - 2030, USD Million
TABLE 30 North America Building & Construction Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 31 North America Building & Construction Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 32 North America Packaging Market by Country, 2019 - 2022, USD Million
TABLE 33 North America Packaging Market by Country, 2023 - 2030, USD Million
TABLE 34 North America Packaging Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 35 North America Packaging Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 36 North America Automotive Market by Country, 2019 - 2022, USD Million
TABLE 37 North America Automotive Market by Country, 2023 - 2030, USD Million
TABLE 38 North America Automotive Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 39 North America Automotive Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 40 North America Consumer Goods Market by Country, 2019 - 2022, USD Million
TABLE 41 North America Consumer Goods Market by Country, 2023 - 2030, USD Million
TABLE 42 North America Consumer Goods Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 43 North America Consumer Goods Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 44 North America Agriculture Market by Country, 2019 - 2022, USD Million
TABLE 45 North America Agriculture Market by Country, 2023 - 2030, USD Million
TABLE 46 North America Agriculture Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 47 North America Agriculture Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 48 North America Electrical & Electronics Market by Country, 2019 - 2022, USD Million
TABLE 49 North America Electrical & Electronics Market by Country, 2023 - 2030, USD Million
TABLE 50 North America Electrical & Electronics Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 51 North America Electrical & Electronics Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 52 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 53 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 54 North America Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 55 North America Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 56 North America Plastic Additives Market by Type, 2019 - 2022, USD Million
TABLE 57 North America Plastic Additives Market by Type, 2023 - 2030, USD Million
TABLE 58 North America Plastic Additives Market by Type, 2019 - 2022, Kilo Tonnes
TABLE 59 North America Plastic Additives Market by Type, 2023 - 2030, Kilo Tonnes
TABLE 60 North America Plasticizers Market by Country, 2019 - 2022, USD Million
TABLE 61 North America Plasticizers Market by Country, 2023 - 2030, USD Million
TABLE 62 North America Plasticizers Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 63 North America Plasticizers Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 64 North America Flame Retardants Market by Country, 2019 - 2022, USD Million
TABLE 65 North America Flame Retardants Market by Country, 2023 - 2030, USD Million
TABLE 66 North America Flame Retardants Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 67 North America Flame Retardants Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 68 North America Impact Modifiers Market by Country, 2019 - 2022, USD Million
TABLE 69 North America Impact Modifiers Market by Country, 2023 - 2030, USD Million
TABLE 70 North America Impact Modifiers Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 71 North America Impact Modifiers Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 72 North America Antioxidants Market by Country, 2019 - 2022, USD Million
TABLE 73 North America Antioxidants Market by Country, 2023 - 2030, USD Million
TABLE 74 North America Antioxidants Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 75 North America Antioxidants Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 76 North America Lubricants Market by Country, 2019 - 2022, USD Million
TABLE 77 North America Lubricants Market by Country, 2023 - 2030, USD Million
TABLE 78 North America Lubricants Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 79 North America Lubricants Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 80 North America Antimicrobials Market by Country, 2019 - 2022, USD Million
TABLE 81 North America Antimicrobials Market by Country, 2023 - 2030, USD Million
TABLE 82 North America Antimicrobials Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 83 North America Antimicrobials Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 84 North America UV Stabilizers Market by Country, 2019 - 2022, USD Million
TABLE 85 North America UV Stabilizers Market by Country, 2023 - 2030, USD Million
TABLE 86 North America UV Stabilizers Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 87 North America UV Stabilizers Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 88 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 89 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 90 North America Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 91 North America Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 92 North America Plastic Additives Market by Country, 2019 - 2022, USD Million
TABLE 93 North America Plastic Additives Market by Country, 2023 - 2030, USD Million
TABLE 94 North America Plastic Additives Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 95 North America Plastic Additives Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 96 US Plastic Additives Market, 2019 - 2022, USD Million
TABLE 97 US Plastic Additives Market, 2023 - 2030, USD Million
TABLE 98 US Plastic Additives Market, 2019 - 2022, Kilo Tonnes
TABLE 99 US Plastic Additives Market, 2023 - 2030, Kilo Tonnes
TABLE 100 US Plastic Additives Market by Plastic Type, 2019 - 2022, USD Million
TABLE 101 US Plastic Additives Market by Plastic Type, 2023 - 2030, USD Million
TABLE 102 US Plastic Additives Market by Plastic Type, 2019 - 2022, Kilo Tonnes
TABLE 103 US Plastic Additives Market by Plastic Type, 2023 - 2030, Kilo Tonnes
TABLE 104 US Plastic Additives Market by Application, 2019 - 2022, USD Million
TABLE 105 US Plastic Additives Market by Application, 2023 - 2030, USD Million
TABLE 106 US Plastic Additives Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 107 US Plastic Additives Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 108 US Plastic Additives Market by Type, 2019 - 2022, USD Million
TABLE 109 US Plastic Additives Market by Type, 2023 - 2030, USD Million
TABLE 110 US Plastic Additives Market by Type, 2019 - 2022, Kilo Tonnes
TABLE 111 US Plastic Additives Market by Type, 2023 - 2030, Kilo Tonnes
TABLE 112 Canada Plastic Additives Market, 2019 - 2022, USD Million
TABLE 113 Canada Plastic Additives Market, 2023 - 2030, USD Million
TABLE 114 Canada Plastic Additives Market, 2019 - 2022, Kilo Tonnes
TABLE 115 Canada Plastic Additives Market, 2023 - 2030, Kilo Tonnes
TABLE 116 Canada Plastic Additives Market by Plastic Type, 2019 - 2022, USD Million
TABLE 117 Canada Plastic Additives Market by Plastic Type, 2023 - 2030, USD Million
TABLE 118 Canada Plastic Additives Market by Plastic Type, 2019 - 2022, Kilo Tonnes
TABLE 119 Canada Plastic Additives Market by Plastic Type, 2023 - 2030, Kilo Tonnes
TABLE 120 Canada Plastic Additives Market by Application, 2019 - 2022, USD Million
TABLE 121 Canada Plastic Additives Market by Application, 2023 - 2030, USD Million
TABLE 122 Canada Plastic Additives Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 123 Canada Plastic Additives Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 124 Canada Plastic Additives Market by Type, 2019 - 2022, USD Million
TABLE 125 Canada Plastic Additives Market by Type, 2023 - 2030, USD Million
TABLE 126 Canada Plastic Additives Market by Type, 2019 - 2022, Kilo Tonnes
TABLE 127 Canada Plastic Additives Market by Type, 2023 - 2030, Kilo Tonnes
TABLE 128 Mexico Plastic Additives Market, 2019 - 2022, USD Million
TABLE 129 Mexico Plastic Additives Market, 2023 - 2030, USD Million
TABLE 130 Mexico Plastic Additives Market, 2019 - 2022, Kilo Tonnes
TABLE 131 Mexico Plastic Additives Market, 2023 - 2030, Kilo Tonnes
TABLE 132 Mexico Plastic Additives Market by Plastic Type, 2019 - 2022, USD Million
TABLE 133 Mexico Plastic Additives Market by Plastic Type, 2023 - 2030, USD Million
TABLE 134 Mexico Plastic Additives Market by Plastic Type, 2019 - 2022, Kilo Tonnes
TABLE 135 Mexico Plastic Additives Market by Plastic Type, 2023 - 2030, Kilo Tonnes
TABLE 136 Mexico Plastic Additives Market by Application, 2019 - 2022, USD Million
TABLE 137 Mexico Plastic Additives Market by Application, 2023 - 2030, USD Million
TABLE 138 Mexico Plastic Additives Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 139 Mexico Plastic Additives Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 140 Mexico Plastic Additives Market by Type, 2019 - 2022, USD Million
TABLE 141 Mexico Plastic Additives Market by Type, 2023 - 2030, USD Million
TABLE 142 Mexico Plastic Additives Market by Type, 2019 - 2022, Kilo Tonnes
TABLE 143 Mexico Plastic Additives Market by Type, 2023 - 2030, Kilo Tonnes
TABLE 144 Rest of North America Plastic Additives Market, 2019 - 2022, USD Million
TABLE 145 Rest of North America Plastic Additives Market, 2023 - 2030, USD Million
TABLE 146 Rest of North America Plastic Additives Market, 2019 - 2022, Kilo Tonnes
TABLE 147 Rest of North America Plastic Additives Market, 2023 - 2030, Kilo Tonnes
TABLE 148 Rest of North America Plastic Additives Market by Plastic Type, 2019 - 2022, USD Million
TABLE 149 Rest of North America Plastic Additives Market by Plastic Type, 2023 - 2030, USD Million
TABLE 150 Rest of North America Plastic Additives Market by Plastic Type, 2019 - 2022, Kilo Tonnes
TABLE 151 Rest of North America Plastic Additives Market by Plastic Type, 2023 - 2030, Kilo Tonnes
TABLE 152 Rest of North America Plastic Additives Market by Application, 2019 - 2022, USD Million
TABLE 153 Rest of North America Plastic Additives Market by Application, 2023 - 2030, USD Million
TABLE 154 Rest of North America Plastic Additives Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 155 Rest of North America Plastic Additives Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 156 Rest of North America Plastic Additives Market by Type, 2019 - 2022, USD Million
TABLE 157 Rest of North America Plastic Additives Market by Type, 2023 - 2030, USD Million
TABLE 158 Rest of North America Plastic Additives Market by Type, 2019 - 2022, Kilo Tonnes
TABLE 159 Rest of North America Plastic Additives Market by Type, 2023 - 2030, Kilo Tonnes
TABLE 160 Key Information – BASF SE
TABLE 161 Key Information – Exxon Mobil Corporation
TABLE 162 Key Information – Clariant AG
TABLE 163 Key Information – Kaneka Corporation
TABLE 164 key Information – Lanxess AG
TABLE 165 Key Information – The Dow Chemical Company
TABLE 166 Key Information – Evonik Industries AG
TABLE 167 Key Information – Songwon Industrial Co., Ltd.
TABLE 168 Key Information – Nouryon Chemicals Holding B.V.
TABLE 169 Key Information – Albemarle Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 North America Plastic Additives Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting the Plastic Additives Market
FIG 4 KBV Cardinal Matrix
FIG 5 Key Leading Strategies: Percentage Distribution (2022-2023)
FIG 6 Key Strategic Move: (Product Launches and Product Expansions : 2020, Jul – 2023, Oct) Leading Players
FIG 7 Porter’s Five Forces Analysis – Plastic Additives Market
FIG 8 North America Plastic Additives Market Share by Plastic Type, 2022
FIG 9 North America Plastic Additives Market Share by Plastic Type, 2030
FIG 10 North America Plastic Additives Market by Plastic Type, 2019 - 2030, USD Million
FIG 11 North America Plastic Additives Market Share by Application, 2022
FIG 12 North America Plastic Additives Market Share by Application, 2030
FIG 13 North America Plastic Additives Market by Application, 2019 - 2030, USD Million
FIG 14 North America Plastic Additives Market Share by Type, 2022
FIG 15 North America Plastic Additives Market Share by Type, 2030
FIG 16 North America Plastic Additives Market by Type, 2019 - 2030, USD Million
FIG 17 North America Plastic Additives Market Share by Country, 2022
FIG 18 North America Plastic Additives Market Share by Country, 2030
FIG 19 North America Plastic Additives Market by Country, 2019 - 2030, USD Million
FIG 20 Recent strategies and developments: BASF SE
FIG 21 SWOT Analysis: BASF SE
FIG 22 SWOT Analysis: Exxon Mobil Corporation
FIG 23 SWOT Analysis: Clariant AG
FIG 24 SWOT Analysis: Kaneka Corporation
FIG 25 Recent strategies and developments: Lanxess AG
FIG 26 SWOT Analysis: Lanxess AG
FIG 27 SWOT Analysis: The Dow Chemical Company
FIG 28 SWOT Analysis: Evonik Industries AG
FIG 29 SWOT Analysis: Songwon Industrial Co., Ltd.
FIG 30 SWOT Analysis: Nouryon Chemicals Holding B.V.
FIG 31 SWOT Analysis: Albemarle Corporation