Global Market Study on Phenolic Antioxidants: Growing Demand for Plastic Across End-use Industries Boosting Growth

Phenolic Antioxidants  Market
  • Published On : Jan-2019 |
  • Pages : 258 Pages |
  • Format : PPT PDF Excel Word

The report covers comprehensive information about market dynamics, value (US$ Mn) and volume (Tons) projections, competition and recent developments in the Global phenolic antioxidants market for the study period 2018 to 2026. Phenolic antioxidants are a type of primary antioxidants that have a hydroxyl group associated with an aromatic ring structure. Phenolic antioxidants act as free radical scavengers and hence, slow down the rate of oxidation and improve the shelf life of organic materials. With the robust growth of end-use industries, the global phenolic antioxidants market is anticipated to expand at a CAGR of 4.3% during the forecast period.

Natural Phenolic Antioxidants to Gain Traction across Food & Feed Additive Applications

Even after holding a relatively smaller share in the global phenolic antioxidants market, the natural source type segment is set to witness robust growth during the forecast period. The key enabler for the growth of the natural source type phenolic antioxidants market is increasing demand from food & feed additive applications. Furthermore, the shifting demographic trend across developing regions is creating demand for nutrient-rich diets. Furthermore, growing health concerns will also drive the growth of the natural phenolic antioxidants market during the forecast period. According to the PMR analysis, the natural segment, in the global phenolic antioxidants market, is expected to exhibit 1.4X growth, in terms of value, between 2018 and 2026.

phenolic antioxidants market

Increasing Demand for High Performance Plastic across Various Industries to Push Market Growth

Phenolic antioxidants are widely utilized as an additive during the production of plastics and rubber. Owing to its exceptional properties, plastic is getting adopted at an exponential rate in numerous industries. To provide better efficacy & workability in harsh conditions, such as high temperature & high pressure conditions, plastic additives are used as they slow down or minimize the degradation of plastic products. Phenolic antioxidants are used as antioxidant additives in polymer processing as phenolic antioxidants restrict & inhibit the oxidation of plastic products in harsh environments. Furthermore, increasing adoption of plastic across automotive industry to reduce overall weight will also create strong demand for plastic additives in near future. This, in turn, will drive the demand for phenolic antioxidants over the forecast period.

Plastic Recycling to Hamper Growth of Phenolic Antioxidants Market

Growing environmental concern and implementation of stringent rules and regulations implemented by governments across various European countries, such as Austria, Germany, Switzerland, Denmark, Finland and Luxembourg, will promote the use of plastic recyclers to recycle plastic products. As plastic processing is one of the key application areas of phenolic antioxidants, this shifting preference towards the use of recycled plastic is expected to significantly hinder the growth in demand for phenolic antioxidants during the forecast period.

South East Asia & Pacific to Remain a High Value High Growth Region in the Global Phenolic Antioxidants Market

Rapid industrialization, stabilizing economic conditions and steady growth in automotive production and sales in the region are some of the factors expected to drive growth in demand for phenolic antioxidants in the region.

Favorable manufacturing policies in the region and increasing industrialization coupled with rapid urbanization are expected to provide robust opportunities for the growth of the phenolic antioxidants market. South East Asia & Pacific (SEA&P) region is expected to register 1.5X growth in the phenolic antioxidants market during the forecast period. Regions including Latin America and MEA are anticipated to gain traction during the forecast period owing to recovery in economic conditions and growth in the automotive sector and manufacturing industry in these regions.

Phenolic Antioxidants Market – Competitive Landscape

The global phenolic antioxidants market is moderately fragmented, with the top 5 players in the market estimated to collectively hold about 50% - 55% of the global phenolic antioxidants market share.

Over the past couple of years, the phenolic antioxidants market has witnessed significant developments. New product developments, acquisitions and capacity expansion are some of the preferred strategies being adopted by key players to sustain and expand in the global phenolic antioxidants market.

  • In 2018, Songwon Industrial Co. Ltd. started the production of phenolic antioxidants at its plant in Panoli (Gujarat), India
  • In 2018, BASF SE announced its plans to expand production capacity for phenolic antioxidants by 40% at its production plants in Jurong, Singapore and Kaisten, Switzerland. The production capacity at Kaisten, Switzerland is expected to increase by 30% by the end of 2019

Some of the key players included in this market study on the Global Phenolic Antioxidants market are BASF SE, SONGWON, Adeka Corporation, SI Group, Addivant, Dorf Ketal, Lanxess AG, Emerald Performance Materials, LLC, Jiyi Chemicals Co., Ltd., Krishna Antioxidants Pvt. Ltd.,  Mayzo Inc. and Clariant AG.

Key Questions Answered in the Report

  • How has the phenolic antioxidants market evolved in the past four years?
  • What shape is the phenolic antioxidants market expected to take, in terms of value and volume, during the forecast period?
  • What are the dominant market dynamics in the phenolic antioxidants market?
  • How is the competition landscape at the moment and what are some of the trends in the phenolic antioxidants market?
  • What are some of the underlying macroeconomic and industry factors impacting the growth of the phenolic antioxidants market?
  • What are the prominent challenges, opportunities and drivers for the phenolic antioxidants market players?
  • How is the competition structured at present and how has it advanced in the phenolic antioxidants market over the past few years?

Persistence Market Research (PMR) provides an exclusive analysis of the global phenolic antioxidants market in its revised report titled “Global Phenolic Antioxidants Market: China is estimated to account for significant market share during 2018–2026”. The main aim of this report is to offer exhaustive analysis and insights pertaining to the phenolic antioxidants market. This report offers a comprehensive analysis of the global phenolic antioxidants market, in terms of market volume (Tons) & value (US$ Mn) and year-wise (Y-o-Y) growth, by type, form, source type, application and region. The study considers 2017 as the base year with market values estimated for 2018 and forecast developed for the duration of 2018 to 2026. The Compound Average Growth Rate (CAGR) has been represented from 2018 to 2026. The study covers value chain analysis, phenolic antioxidants market dynamics and industry growth analysis, along with segmental-level projections in a comprehensive manner. As per industry experts and findings of the report, the global phenolic antioxidants market is projected to grow at a CAGR of 4.3 % between 2018 and 2026, in terms of value. Increasing demand for lubricants and plastics & rubber is one of the key factors assisting the growth of the phenolic antioxidants market.

The Persistence Market Research report on phenolic antioxidants analyses the market at regional as well as global level through market segmentation on the basis of type, form, source type and application. The primary objective of the report is to offer key insights on current trends, competition positioning, growth rates, market potential and other relevant information and statistics in a suitable manner to readers and various stakeholders in the phenolic antioxidants market.

The report is structured to facilitate readers to develop a thorough understanding of the phenolic antioxidants market. It begins with phenolic antioxidants market definitions, which are followed by market taxonomy, market background and market dynamics and analysis of the market by key segments, regional market analysis and competition assessment. Each section of the report covers a quantitative as well as qualitative assessment of the phenolic antioxidants market on the basis of historical developments, facts and key opinions collected from the market participants in the phenolic antioxidants market through interviews.

Phenolic Antioxidants Market: Segmentation



Source Type



  • Mono-Functional Phenol
  • Bi-Functional Phenol
  • Multi-Functional Phenol
  • Liquid
  • Granule
  • Powder
  • Natural
  • Synthetic
  • Plastic & Rubber
  • Food & Feed Additive
  • Pharmaceutical & Personal Care
  • Fuel & Lubricants
    • Industrial Lubricants
    • Greases
    • Engine Oils
    • Hydraulic Fluids
    • Transmission Oils
  • Others
  • North America
  • Latin America
  • Europe
  • China
  • Japan
  • South East Asia & Pacific
  • MEA

In the next section, the report describes the phenolic antioxidants market structure, macro-economic factors, forecast factors, regional weighted average pricing analysis and provides an overview of the value chain along with profitability margins and an indicative list of the key stakeholders involved in every stage of the phenolic antioxidants market.

The next section of the report provides value (US$ Mn) and volume (Tons) projections for the phenolic antioxidants market on the basis of respective segments at a global level. The global phenolic antioxidants market values represented in the section have been agglomerated by collecting data and information at a regional level. The Phenolic antioxidants market information along with key insights and facts cover unique analysis frameworks, such as year-on-year growth trend comparison, absolute $ opportunity analysis, market attractiveness and share analysis, for each sub-types of the segments covered in each segment. The subsequent section of the report presents a summarized view of the global phenolic antioxidants market based on seven prominent regions considered in the study.

The phenolic antioxidants market analysis section of the report covers weighted average pricing analysis and market projections for each segment and also discusses market share analysis, Y-o-Y growth trends, market attractiveness analysis, market share analysis and incremental $ opportunity assessment.

All the above sections evaluate the present market scenario and growth prospects in the global phenolic antioxidants market while the forecast presented in the section assesses the market size in terms of volume and value.

Market numbers, pertaining to regional as well as country level data and various segments by end use, have been estimated through a combination of primary and secondary research. Key sources referred to arrive at the global phenolic antioxidants market size include phenolic antioxidants manufacturers, suppliers, end-users, industry association & trade experts and secondary documents available through public domains, paid databases and PMR’s in-house data repository.

In order to offer an accurate market forecast, PMR’s proprietary regression analysis forecast model was then utilized to derive the market estimation for forecast years, which takes into account effects of certain direct and macro-economic factors on the global and regional phenolic antioxidants market. The pertinent opinions of key primary respondents for specific segments and geographies were also taken into consideration for forecasting the segment level market size and dynamics in the global phenolic antioxidants market.

In the final section of the report, the competition landscape for the phenolic antioxidants market has been included to provide report audiences with a dashboard view, categorized on the basis of providers present in the value chain, their phenolic antioxidants market presence and key differentiating strategies. Detailed profiles of providers have also been included under the scope of the report to evaluate their long-term and short-term strategies, key offerings and recent developments in the phenolic antioxidants market. 

Company Profiles

  • Adeka Corporation
  • SI Group
  • Addivant
  • Dorf Ketal
  • Lanxess
  • Emerald Performance Materials, LLC
  • Jiyi Chemicals Co., Ltd.
  • Krishna Antioxidants Pvt. Ltd.
  • Mayzo Inc.
  • Clariant AG
  • Others.
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