Global Plastic Additives  Market 2021 Analysis Report by Recent Developments and Emerging Technologies Till 2027

The global plastic additives market size is expected to value at USD 62.50 billion by 2022.

Advantages of the plastic additives such as resistance to microbial activities, antioxidants, ultra-violet stabilizer, plasticizers, and impact modifiers, which are critical for compound formulations in order to enhance chemical and physical properties, are expected to foster market growth over the forecast period.Globally, the plastic additives market is predicted to grow at CAGR of 4.5% in forecast period, providing numerous opportunities for market players to invest in research and development of the market.

Additionally, increasing industrial activities, growing manufacturing output and strong economic growth in the Asia Pacific region is expected to expand market reach of the plastic additives industry over the forecast period.Download Sample Report @ https://www.millioninsights.com/industry-reports/plastic-additives-market/request-sampleFavorable laws and regulation by governmental and international authorities such as EC (Beaches European Commission) and amendments in the Restriction of Hazardous Substances (RoHS) that monitors use of plasticizers, flame retardant and other additives are anticipated fuel market growth in the upcoming years.

However, excessive use of plasticizers, flame retardant and other additives causes adverse effects on human health and the environment condition, thereby restraining market growth to a certain extent.Yet, the recent technological advancement and introduction of new methodologies for the production of the plasticizers, flame retardant and other additives are anticipated to boost market demand in the upcoming years.

Changing market dynamics regarding availability of raw material in the Middle East region are further negatively affect market growth, in the recent years.Additionally, easy availability of the alternative products such as polycarbonate (PC) and poly-acrylic (PMMA) coupled with lowered process are further affecting market performance of the plastic additives industry.

Although, increasing demand from electrical and electronic manufacturing industry is expected to sustain market the growth of the market over the forecast period.The plastic additives market is broadly categorized into four major types based on their functionality such as property extenders, modifiers, property stabilizers and processing aids.

Market OverviewThe Global Fuel Additives Market is growing at a CAGR of under 5% during the forecast period 2020 to 2027.Fuels such as gasoline, diesel, and aviation fuel have various drawbacks like not allowing long-term storage, difficult for transportation, and even use.

Fuel additives help improve about 20 properties of fuels by adding small amounts.

These additives are added in minimal concentrations: from several ppm to several thousand ppm.Increasing R investments in new engine technologies will boost the market for fuel additivesThe internal combustion engine has seen a tremendous advancement over the past century.

Thereby, the consumption of gasoline fuel additives will be more in EU-15 countries especially countries such as the Netherlands, Finland, and Denmark.Stringent environmental regulations and lack of innovation of novel type of fuel additives is one of the major obstacles of the fuel additive marketChange is an on-going requirement in the fuel additives industry, often driven by strict environmental regulations across the globe.

The development of new types of fuel additives is very costly due to expensive engine testing and vehicle demonstration trials.The growing interest in Electric vehicles in the world is the significant restraint of the marketStringent environmental regulations on internal combustion engines, combined with technological advancements in the automotive industry, are driving the surge in demand for Electric vehicles (EVs).

Also, the market is classified based on various types such as Deposit Control Additives, Corrosion Inhibitors, Antioxidants, Demulsifiers/Dehazers/Emulsion Preventives, Conductivity Improvers, Cetane Number Improvers, Antifoam Additives, Metal Deactivators, Lubricity Improvers, and others.The report segments the geographies by regions, which include North America, South America, Europe, Asia Pacific, and Rest of the World.

The Spirulina Market is expected to grow at a CAGR of 10.3% from 2020-2030, according to a new research report by Next Move Strategy ConsultingSpirulina is a blue green algae with high nutrient content, usually consumed by human & animals.

It is also used as a complementary diet ingredient in aquaculture & poultry feeds owing to the presence of high protein & vitamin content.According to the report, growth in health consciousness among people and the rising demand for dietary supplements are major factors driving the spirulina market growth.

Additionally, high penetration of spirulina in industries such as cosmetics and pharmaceutical owing to the advantageous properties such as anti-aging, anti-wrinkles and othersare bringing changes in market tends.However, low stability & poor sustainability of spirulina derived colours is expected to restrict the market growth.Moreover, growth in research & development activities followed by untapped market opportunities in developing economies are anticipated to provide numerous opportunities to the market players in the coming few years.On the basis of type, spirulina market share is segmented into Arthrospira Platensis and Arthrospira Maxima.

Arthrospira Maxima dominates the global Spirulina market and will be the dominant throughout the forecasted period.On the basis of application, the Spirulina market is categorised into Nutraceuticals, Food & Beverages, Cosmetics, Animal Feed, and Others.Food & Beverages segment is likely to develop significantly over the period of time owing to fast growing food & beverage industry.On the basis of drug formulation, the spirulina market is bifurcated into Powder, Tablet & Capsule, Liquid, and Granule & Gelling Agent.

Powder segment is expected to account for the major market share & dominate the market growth over the forecast period.North America dominates the spirulina market in terms of market size over the forecast period, owing to rising health consciousness among people.

Hansen Holding A/S, Algenol Biofuels Inc., Dongtai City Spirulina Bio-engineering Co., Ltd., Prolgae, Parry Neutraceuticals, Sensient Technologies Corporation, DDW Inc., Algatec and Naturex S.A.Browse key industry insights from the report, “Spirulina Market Size  By Type (ArthrospiraPlatensis and Arthrospira Maxima) By Application (Nutraceuticals, Food & Beverages, Cosmetics, Animal Feed, and Others), By Drug Formulation (Powder, Tablet & Capsule, Liquid, and Granule & Gelling Agent)Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, Russia, China, India, Japan, Australia, Indonesia, Malaysia, South Korea, Brazil, Mexico, South Africa, Saudi Arabia, UAE, Kuwait), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020–2030” in detail along with the table of contents:Key Insights from the Spirulina Market Report:Asia Pacific is the fastest growing region in Spirulina market owing to the rising demand of spirulina from various industries such as cosmetics, food , healthcare and others and government initiatives to promote local spirulina production.The Food & Beverages segment dominates the market in terms of application and is expected to grow at a significant CAGR to maintain the lead till 2030.Some of the major players in the market are DIC Corporation, Cyanotech Corporation, Chr.