Phenolic Antioxidant Market Forecast: Expected to Hit USD 2.91 Billion by 2030

Phenolic Antioxidant Market Overview

The Phenolic Antioxidant Market, valued at USD 2.05 billion in 2023, is projected to reach USD 2.91 billion by 2030, reflecting a compound annual growth rate (CAGR) of 5.1% during the forecast period. This market report aims to provide a thorough analysis of the global phenolic antioxidant market by offering insights, factual data, and industry-validated information, all structured within a reliable methodological framework. Additionally, the report delves into market dynamics, structural analysis, and competitive landscapes, including assessments of key players based on product offerings, pricing strategies, financial health, and regional presence. It also includes PEST, SWOT, and PORTER’s analyses to help stakeholders make informed decisions regarding their investments in emerging segments of the phenolic antioxidant market.

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Phenolic Antioxidant Market Scope and Methodology:

The Phenolic Antioxidant report provides an in-depth of the market landscape covering several critical factors. In the study, the report discusses the dynamics of the market, with particular emphasis on the latest trends, drivers, and opportunities affecting the industry.

The report covers the main competitors and Phenolic Antioxidant market positions, providing valuable information about the competitive landscape. Key metrics such as sales, turnover, average selling price, and gross margin are analysed in depth while exploring key growth opportunities available to key players in the Phenolic Antioxidant market.

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Phenolic Antioxidant Market Regional Insights

The report is divided into several notable countries. In various regions such as North America (United States, Canada, Mexico), Europe (United Kingdom, Germany, France, Spain, Italy, Rest of Europe), Asia Pacific (China, India, Japan, Australia, South Korea, ASEAN countries, South America (Brazil) and the Middle East and Africa, those countries are included.

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Phenolic Antioxidant Market Segmentation

by Source

Natural
Synthetic

Based on the source, synthetic phenolic antioxidants are anticipated to contribute significantly to the global market’s revenue and are expected to retain their dominance over the forecast period. This is largely due to the increasing demand for synthetic phenolic antioxidants as additives in the plastic & rubber and fuel & lubricant industries. In contrast, natural phenolic antioxidants, which include flavonoids, anthocyanins, tannins, and phenolic acids, hold a smaller share of the global market. Despite this, they are still valued for their role in preventing product oxidation.

by Application

Food
Plastics & Rubber
Pharmaceutical
Cosmetic
Fuel & Lubricant
Others

In terms of application, phenolic antioxidants are predominantly used as preservatives in the production of plastics and rubber. The adoption of plastic in various industries is accelerating, driven by its versatile properties. To enhance the durability and performance of plastic products under extreme conditions, such as high temperatures and pressures, additives like phenolic antioxidants are employed to slow down or prevent degradation. These antioxidants play a critical role in polymer processing, where they help manage and inhibit the oxidation of plastic products in harsh environments. As a result, the demand for phenolic antioxidants is expected to rise significantly over the forecast period.

Phenolic Antioxidant Market Key Players

1. DSM
2. BASF SE
3. Oxiris Chemicals S. A.
4. Sumitomo Chemical Company
5. Chitec Technology Co., Ltd.
6. Mayzo Inc.
7. Addivant
8. Double Bond Chemical Ind., Co., Ltd.
9. Kumho Petrochemical Co., Ltd.
10.Emerald Performance Materials
11.SI Group
12.SONGWON
13.Lanxess AG
14.Dorf Ketal

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Key questions answered in the Phenolic Antioxidant Market are:

What is Phenolic Antioxidant?
What is the growth rate of the Phenolic Antioxidant Market?
Which are the factors expected to drive the Phenolic Antioxidant market growth?
What is the CAGR at which the Phenolic Antioxidant market will grow during the forecast period?
What are the different segments of the Phenolic Antioxidant Market?
Which is the fastest-growing region in the Phenolic Antioxidant market?
What growth strategies are the players considering to increase their presence in Phenolic Antioxidant?
What are the upcoming opportunities and trends for the Phenolic Antioxidant Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Phenolic Antioxidant Market?
Who are the leading companies and what are their portfolios in Phenolic Antioxidant Market?
What segments are covered in the Phenolic Antioxidant Market?
Who are the key players in the Phenolic Antioxidant market?

Key Offerings:

Market Size, Share, Size & Forecast by Different Segment
Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation – A detailed analysis by segment with their sub-segments and Region
Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
PESTLE Analysis
PORTER’s analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
Recommendations

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