Additives market at $55 billion by 2018

The total market for plastics additives is projected to increase from $39.6 billion in 2011 to more than $43.1 billion in 2013, and to nearly $54.7 billion in 2018 yielding a compound annual growth rate (CAGR) of 4.9% for a period of 5 years, from 2013 to 2018. This is according to a new report, "Global Markets for Plastics Additives," from MarketResearch.com.

The report further said that the market for property modifiers was $22.2 billion in 2011, which is expected to increase to $24 billion by 2013. This segment is further projected to reach nearly $30.6 billion by 2018, a CAGR of 5.0% over the last five years. www.MarketResearch.com