The Antioxidant 245 (CAS 36443-68-2) market is defined by the demand for Antioxidant 245, a highly effective hindered phenolic antioxidant widely utilized in the polymer industry.
This compound is primarily employed to prevent the degradation of materials caused by oxidative stress, enhancing the durability and performance of polymerbased products.
MARKET SIZE (2024):
APPROXIMATELY USD 122.56
MILLION
PROJECTED MARKET SIZE (2032): AROUND USD 162.07
MILLION
COMPOUND ANNUAL GROWTH RATE (CAGR): 3.8% DURING THE FORECAST PERIOD.
The Antioxidant 245 product type segment
can be categorized into:
Standard Antioxidant 245
Modified Antioxidant 245 By Application
The Antioxidant 245 market finds application in:
Polyurethane
Polyformaldehyde
Others
Study focuses on evaluating the market landscape, consumer trends, and competition pertinent to the new product.
Smaller but growing markets, driven by expanding industrial activity.
Stable growth, supported by sustainability trends in automotive and packaging.
Steady demand from automotive and construction sectors.
Largest and fastest-growing market due to strong industrial demand in China and India.
