Plastic Additives Market Size, Share, Trends Report 2032

Imracrahul21 Aug, 2024Other

The global plastic additives market size reached US$ 53.0 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 82.6 Billion by 2032, exhibiting a growth rate (CAGR) of 4.9% during 2024-2032. The emerging technological advancement to improve plastic additives, the significant expansion in the automotive and aerospace industry, and the rising demand for plastic in packaging, construction, and electronics sectors are some of the major factors propelling the market.