Packaging Additives Companies, Corporate Milestones, Corporate Growth and Development Strategy, Mergers and Acquisitions (M&A)

Date : 21 January 2025

Packaging Additives Companies and Competitive Landscape

The global packaging additives market size reached US$ 605.23 billion in 2024 and is projected to hit around US$ 926.50 billion by 2034, expanding at a CAGR of 4.35% during the forecast period from 2025 to 2034. The key players operating in the market are focused on adopting inorganic growth strategies like acquisition and merger to develop advance technology for manufacturing packaging additives which is estimated to drive the global packaging additives market over the forecast period.

Global Packaging Additives Market Key Players

Packaging Additives Market Companies

Packaging Additives Import Data Summary for November 2024

Date Description Port of Loading Port of Discharge Weight (kg) Quantity
29-Nov-24 Additional black wire shelves - various sizes and SKUs Shanghai Long Beach, CA 53,335 2,058 CTN
29-Nov-24 1830 packages of motor oil and additives Stadersand Charleston, SC 19,358 1,830 PCK
29-Nov-24 Furniture components including dining tables, desks, and other items (total pieces: 7132) Pusan Los Angeles, CA 23,622 7,132 PCS
29-Nov-24 1903 packages of motor oil and additives Stadersand Charleston, SC 18,947 1,903 PCK
29-Nov-24 Radiata pine moulding - 20 packages Balboa Long Beach, CA 16,814 20 PKG
29-Nov-24 Calcium iodate anhydrous - 22 pallets with 880 plastic film bags Veracruz Houston, TX 23,034 880 PCS
29-Nov-24 1109 packages of motor oil and additives Stadersand Charleston, SC 19,136 1,109 PCK
28-Nov-24 BYK additives in drums, pails, jerrycans, and IBCs (total hazardous and harmless goods weight: 14,522 kg) Rotterdam New York, NY 14,522 109 PKG
28-Nov-24 BYK additives in drums, pails, and IBCs (total hazardous and harmless goods weight: 15,842 kg) Rotterdam New York, NY 15,842 119 PKG

Yearly Analysis of Packaging Additives Import Data

Year Number of Shipments TEU Weight (KGs)
2024 15,681 20,161 180,273,428
2023 17,841 23,742 207,600,790
2022 10,599 15,440 159,526,794
2021 3,642 7,144 85,538,535
2020 1,356 3,721 4,030,795,541
2019 1,969 5,332 62,635,344
2018 1,759 4,822 55,847,998
2017 1,747 5,141 60,076,404
2016 1,234 4,033 47,570,337
2015 1,188 2,575 28,870,836

Latest Announcements by Packaging Additives Industry Leaders

  • In September 2024, Evonik Industries AG company’s Head of Coating Additives, Elias Lacerda, stated With TEGO Wet 570 Terra and TEGO Wet 580 Terra, the company provide clients with entirely new high-performance solutions that also propel the packaging and coatings industry's green transition. Novel biosurfactants created especially for coating and ink compositions are being introduced by Evonik Coating Additives. With their remarkable sustainability profile and outstanding performance, the two new products, TEGO Wet 570 Terra and TEGO Wet 580 Terra, are poised to revolutionize the paint, coating, and inks sector.

New Advancements in Packaging Additives Industry

  • In September 2024, EcoCortec, the Cortec Corporation's European subsidary, introduced EcoSonic VpCI-125 PCR HP Permanent ESD Films and Bags, which are constructed with a high, consistent quality, 30% post-consumer recycled material. Nano-VpCI, which has a significant post-consumer recycled plastic content, powers the permanent ESD film. High-performance corrosion-inhibiting film and bags are designed to be used in the protection of multi-metal objects that are susceptible to static, such electronics.
  • In October 2024, At the 29th Fakuma International Trade Fair for Plastics Processing, which is taking place today through October 19, 2024, Avient Corporation will showcase its most recent sustainable and specialized materials solutions and services for the plastics sector, along with the introduction of two new products. Globally produced thermoplastic elastomers (TPEs) with up to 60% post-consumer recycled (PR) content and new metallic pre-colored sulfone compound colorants with gold, bronze, and silver aesthetic effects are examples of newly introduced products.