Global formulation additives market is expected to generate around USD 31.24 billion by 2025, at a CAGR of around 6.1% between 2019 and 2025. Formulation additives are used in small quantities to modify or improve the properties of various formulations, such as adhesives, coatings, etc.
Formulation Additives Market
The report covers a forecast and an analysis of the formulation additives market on a global and regional level. The study provides historical data for 2016 to 2018 along with a forecast from 2019 to 2025 based on revenue (USD Billion). The study includes the drivers and restraints of the formulation additives market along with the impact they have on the demand over the forecast time period. Additionally, the report includes the study of opportunities available in the formulation additives market on a global level.
In order to give the users of this report a comprehensive view of the formulation additives market, we have included a competitive landscape and an analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.
The report provides a company market share analysis to give a broader overview of the key market players. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new product launches, agreements, partnerships, collaborations & joint ventures, research & development, product, and regional expansion of major participants involved in the market on a global and regional basis. Moreover, the study covers the product portfolio of various companies.
The study provides a decisive view of the formulation additives market by segmenting the market based on type, end-user, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2025. The regional segmentation includes the historical and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East, and Africa. This segmentation includes the demand for formulation additives market across major countries, such as the U.S., UK, Germany, China, and Brazil, among others.
Some major players in the global formulation additives market are Huntsman, Munzing Corporation, Honeywell International, Momentive Performance Materials, Allnex Group, Arkema, Cabot Corp., BYK Additives, Dow, Altana, Eastman, Evonik Industries, Lanxess, Michelman, Cytec, and BASF, among others.
This report segments the global formulation additives market into: