Global Antioxidants Applications Market Forecast to 2022

Global Market for Antioxidants should reach $6.4 billion by 2022 from $5.2 billion in 2017 at a compound annual growth rate (CAGR) of 4.2%, from 2017 to 2022.

Report Includes

-An overview of the global markets for Antioxidants

-Analyses of global market trends, with data from 2016, estimates for 2017, and projections of compound annual growth rates (CAGRs) through 2022

-Discussion covering suppliers of antioxidants based on market share, product types, and geography

-Coverage of other driving forces, such as premature aging, inflammatory conditions like arthritis and brain-related disorders, vision problems, managing blood pressure, mental sharpness, and other health issues

-Profiles of major players in the antioxidants industry

The global market for antioxidants has been growing at a significant rate over the past five years, mostly driven by Asia-Pacific, and is keeping pace with applications in industries such as plastics and rubber, food, cosmetics, fuel additives and animal feed. Although research and development (R&D) in antioxidants technologies has reduced overall operating costs, it has also made the industry more protective.

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Antioxidants are molecules that prevent other molecules from oxidation by inhibiting the initiation or propagation of oxidative chain reactions. When assessing the market, antioxidants are broadly divided into five types: aminic, phenolic, phosphite, thioesters and natural-based.

Antioxidants are growing in popularity based on trends in health and well-being, increased use of anti-aging serums, growing demand for food preservatives as well as fuel additives used primarily in the plastics and rubber industry. The growth outlook for antioxidants is expected to be highest in Asia-Pacific, followed by Europe and North America.

Major players in the antioxidants market are Addivant, Baker Hughes Inc., BASF, Chemtura Corp., Clariant, Danisco, DSM, Eastman Chemical Co., Evonik Industries, Kemin Europa, Naturex Inc., Perstorp, SI Group, Songwon Industrial Co., Sumitomo Chemical, Dow Chemical and Thermo Fisher Scientific.

The report also highlights major suppliers in the industry.

Study Goals and Objectives

The report aims to provide an analysis of recent developments and trends in the global antioxidant market and its significant revenue growth drivers. These detailed findings seek to quantify the projected impact of both internal and external forces that affect the contemporary market scenario for antioxidants and the forces expected to impact the industry in the future.

Reasons for Doing This Study

In the past five years, rapidly emerging economies in terms of both economic growth and population, particularly China and India, have underpinned demand for antioxidants. The sector has seen significant expansion, with more start-ups and small companies in the Asia-Pacific region.

Scope of Report

Broad in scope, the report discusses the various types of antioxidants used in different industries. The market is categorized based on type of antioxidant, application and regional market. Revenue forecasts from 2017 through 2022 are also included with estimated values derived from total manufacturer revenues.

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