Packaging Additives Market - Top Companies and Manufacturers

Companies Dominating the Packaging Additives Landscape

The packaging additives market companies focuses on sustainability and functionality. Leading companies are developing biodegradable and recyclable additives, responding to environmental demands and stricter regulations. For instance, in May 2024, Clariant launched AddWorks PPA which is a PFAS-free polymer processing aid product line. In addition, it launched AddWorks PKG 158 which is a highly efficient antioxidant solution for color protection, specially formulated for polyolefins containing recycled material. Additionally, companies are also investing in smart packaging additives that enhance durability while maintaining transparency and aesthetic appeal. The major players in the packaging additives market include:

Altana AG
- Company Overview
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Arkema
Avient Corporation
BASF SE
Clariant AG
Flint Group
Henkel AG & Co. KGaA
Huber Group
The Lubrizol Corporation
PPG Industries, Inc.

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Packaging Additives Market Size & Share, Growth Forecasts 2037

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In August 2024, the Lubrizol Corporation signed a Memorandum of Understanding to purchase a 120-acre plot in Aurangabad, India. The company plans to construct a new manufacturing facility support the growing transportation and industrial fluid markets in the region with an initial investment of approximately USD 200 million.
In May 2021, Altana acquired Henkel's closure materials business, aiming to enhance its range of PVC-free solutions, particularly for the packaging industry. it was projected to be integrated into the ACTEGA division within the Altana Group and globally assigned to the Metal Packaging Solutions business line.

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of the packaging additives market was over USD 601.3 million.

The market size for the packaging additives market is projected to reach USD 1031.5 million by the end of 2037, expanding at a CAGR of 4.6% during the forecast period i.e., between 2025-2037.

The major players in the market are BASF SE, Clariant AG, Flint Group, Henkel AG & Co. KGaA, Huber Group, and others.

In terms of the packaging materials segment, the plastics segment is anticipated to garner the largest market share by 2037 and display lucrative growth opportunities during 2025-2037.

The market in North America is projected to hold the largest market share of 34.3% by the end of 2037 and provide more business opportunities in the future.

Packaging Additives Market - Top Companies and Manufacturers

Companies Dominating the Packaging Additives Landscape

Browse Key Market Insights with Data Illustration:

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Frequently Asked Questions (FAQ)

How big is the packaging additives market?

What is the outlook for the packaging additives market?

Who are the major players dominating the Packaging Additives market?

Which application segment will capture the significant market share for the Packaging Additives market by 2037?

Which region will provide more business opportunities for the growth of the Packaging Additives market in the future?