Los Angeles, CA -- (SBWIRE) -- 02/19/2019 -- Functional 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.The oxygen scavengers segment accounted for the major shares of the functional additives market. Factors such as the increased utilization of oxygen scavengers to increase shelf-life and enhance the appearance of products will contribute to the growth of this industry segment in the coming years.
Accordong to this market research report, food and beverages segment will hold the maximum share of the functional additives market. Functional additives are increasingly used in the food sector to improve the packaging performance, shelf-life, and processability of the products. They also help to retain the nutritional value for a longer period. These factors will increase demand for raw and processed food which in turn is fueling the need for functional additives in this segment.The global Functional Additives market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Functional Additives volume and value at global level, regional level and company level. From a global perspective, this report represents overall Functional Additives market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
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At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
Akzo Nobel
BASF
Songwon Industrial
Cytec Solvay Group
Clariant
Solvay
Altana AG
Adeka Corporation
Addivant
DuPont
Amcor
Dynea
Milliken Chemical
PolyOne
SABO
The Valspar Corporation
Segment by Regions
North America
Europe
China
Japan
Segment by Type
Oxygen Scavengers
UV Stabilizers
Antistatic
Antimicrobial
Clarifying Agents
Antioxidants
Anti-Fog
Other
Segment by Application
Food and Beverages
Pharmaceutical and Healthcare
Personal Care and Cosmetics
Other
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