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Global Functional Additives Market to Grow at a CAGR of 4.27% During 2017-2021 - Akzo Nobel, ALTANA, BASF, Clariant, Solvay


Albany, NY -- (SBWIRE) -- 09/11/2017 -- Packaging additives are chemical compounds used in packaging to provide manufacturing and processing performance improvements. They enhance the performance, processability, and the external appearance of the packaging. These additives are added to the packaging material during the polymer melt stage. Packaging additives are broadly classified based on their functionalities into two types: Functional additives and barrier coatings. Barrier coatings are commonly used to provide a physical barrier or an effective moisture barrier and smooth base for the packaging substrate.

The global functional additives market to grow at a CAGR of 4.27% during the period 2017-2021. The report covers the present scenario and the growth prospects of the global functional additives market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
- North America
- Europe

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Technavio's report, Global Functional Additives Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Akzo Nobel
- Clariant
- Solvay

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Other prominent vendors
- Addivant
- DuPont
- Dynea
- Milliken Chemical
- PolyOne
- The Valspar Corporation

Market driver
- Growing demand from packaging industry
- For a full, detailed list, view our report

Market challenge
- Volatility in raw material prices
- For a full, detailed list, view our report

Market trend
- Growing demand for reverse logistics in packaging
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?

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