Global Antioxidants Market 2023-2029

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. The global antioxidants market is expected to increase by USD 2.0 billion, at a compound annual growth rate (CAGR) of 4.4% from 2023 to 2029, according to the latest edition of the Global Antioxidants Market Report.

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 product, application, and region. The global market for antioxidants can be segmented by product: amine antioxidants, natural antioxidants, phosphite antioxidants, substituted phenols, thioester antioxidants, thioester antioxidants. The amine antioxidants segment held the largest share of the global antioxidants market in 2022 and is anticipated to hold its share during the forecast period. 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. Globally, the rubber and latex segment made up the largest share of the antioxidants market. Based on region, the antioxidants market is segmented into: Asia-Pacific, Europe, North America, Rest of the World (RoW). Asia-Pacific was the largest contributor to the global antioxidants market in 2022.

Market Segmentation
By product: 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 also provides a detailed analysis of several leading antioxidants market vendors that include 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 product, 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.