MENLO PARK, Calif.--(BUSINESS WIRE)--
Rubber-processing, plastics, fuels and lubricants, and food and feed
industries are major consumers of antioxidants. Industrial antioxidants
are part of a broader portfolio of additive products developed by
companies to serve specific end-use industries. Today SRI Consulting
(SRIC) published its 2009 Antioxidants report, a comprehensive
study focusing on the business environment and market dynamics for this
specialty chemical segment.
Lead author and senior consultant Fred Hajduk commented, "Although India
is positioned to grow 7-9% by 2013, it will still be a relatively small
market, consuming approximately 44 thousand metric tons. China's growth
during this same period of time will go from 187.2 to 247 thousand
metric tons, growing by 5-7%."
Antioxidant producers have been facing a significant shift of their
customer base to the Asia Pacific region, particularly to China. At the
same time, market competition from China and India is growing rapidly.
To serve the growing global customer base, major antioxidant producers
have been forming partnerships with local companies to expand local
production bases. At the present time, the Asia Pacific region
reportedly accounts for over 50% of the global production of
antioxidants.
The principal chemical classes of antioxidants covered in the report are
amines, hindered phenols, phosphites, thioesters and various natural or
'natural-based' compounds. The Antioxidants report includes
regional status and outlook for North America, Western Europe, Japan,
India and China, with a review of the year 2008 and estimates for 2013.
The report provides an analysis of events that is critically important
in developing a strategy for success in this rapidly changing specialty
chemicals segment.
For additional information about this report please contact Fred Hajduk fhajduk@sriconsulting.com,
or +1 650 384 4317 or visit our website at www.sriconsulting.com/SCUP.
About SRI Consulting
SRI Consulting (SRIC) is the world's leading business research service
for the global chemical industry. Publishing for almost 60 years, SRI
Consulting is the preeminent source for in-depth business and process
analysis. This report was developed by SRIC's Specialty Chemicals Update
Program, which provides continuous strategic research focusing on the
business environment, market dynamics, technology trends and government
regulations for more than forty major specialty chemical segments. SRI
Consulting's headquarters are located in Menlo Park, California with
offices in The Woodlands, Texas; Zurich, Switzerland; Tokyo, Japan; and
Beijing, China. SRI Consulting is a division of Access Intelligence,
LLC. Additional information is available at www.sriconsulting.com.
SRI Consulting (SRIC) is a trade name and registered trademark of SRI
International, used under license.
SRI Consulting
Press Contact Information:
Susan
Wright, +1 650-384-4348
Fax: +1 650-330-1190
Email: swright@sriconsulting.com
Source: SRI Consulting
<<Business Wire -- 07/30/2009>>