Antioxidants are substances that are used in various industries and applications to prevent or slow down the degradation of materials caused by oxidation. Oxidation is a chemical reaction that occurs when materials are exposed to oxygen, heat, and light, and can cause changes in the physical and chemical properties of materials, such as color changes, loss of strength, and degradation of performance. Antioxidants work by inhibiting or slowing down the oxidation process, either by scavenging free radicals that are produced during oxidation or by preventing the formation of free radicals. They can be added to materials such as plastics, rubber, fuels, and lubricants to improve their stability, durability, and performance. According to the latest research, the global antioxidants market is poised to grow by USD 2.0 billion during 2023-2029, progressing at a CAGR of 4.4% during the forecast period.
The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global antioxidants market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the amine antioxidants, application, and region. The global market for antioxidants can be segmented by amine antioxidants: natural antioxidants, phosphite antioxidants, substituted phenols, thioester antioxidants, thioester antioxidants. According to the research, the amine antioxidants segment had the largest share in the global antioxidants market. Antioxidants market is further segmented by application: animal feed, food and beverages, fuel and lubricants, personal care and cosmetics, plastic resins, rubber and latex, others. In 2022, the rubber and latex segment made up the largest share of revenue generated by the antioxidants market. Based on region, the antioxidants market is segmented into: Asia-Pacific, Europe, North America, Rest of the World (RoW). Among these, Asia-Pacific was accounted for the highest revenue generator in 2022.
By amine antioxidants: natural antioxidants, phosphite antioxidants, substituted phenols, thioester antioxidants, thioester antioxidants
By application: animal feed, food and beverages, fuel and lubricants, personal care and cosmetics, plastic resins, rubber and latex, others
By region: Asia-Pacific, Europe, North America, Rest of the World (RoW)
The report explores the recent developments and profiles of key vendors in the Global Antioxidants Market, including BASF SE, ADEKA Corporation, China National Bluestar (Group) Co., Ltd. (Adisseo Group), Chitec Technology Co., Ltd., Double Bond Chemical Industry Co. Ltd., Eastman Chemical Company, Everspring Chemical Co., Ltd., Givaudan SA (NATUREX SA), Innospec Inc., International Flavors & Fragrances Inc. (DuPont Nutrition & Biosciences), Jiangsu Sinorgchem Technology Co., Ltd., Johoku Chemical Co., Ltd., Kemin Industries, Inc., Koninklijke DSM N.V., Kumho Petrochemical Co., Ltd. (KKPC), Lanxess AG, Perstorp AB, Rianlon Corporation, Shipro Kasei Kaisha., Ltd., SI Group, Inc., Songwon Industrial Co., Ltd., Sumitomo Chemical Co., Ltd., Sunko Ink Co. Ltd., among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.
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Scope of the Report
▹ To analyze and forecast the market size of the global antioxidants market.
▹ To classify and forecast the global antioxidants market based on amine antioxidants, application, region.
▹ To identify drivers and challenges for the global antioxidants market.
▹ To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global antioxidants market.
▹ To identify and analyze the profile of leading players operating in the global antioxidants market.
Why Choose This Report
▹ Gain a reliable outlook of the global antioxidants market forecasts from 2023 to 2029 across scenarios.
▹ Identify growth segments for investment.
▹ Stay ahead of competitors through company profiles and market data.
▹ The market estimate for ease of analysis across scenarios in Excel format.
▹ Strategy consulting and research support for three months.
▹ Print authentication provided for the single-user license.