A Deep Dive into the Growth of the Performance Additives Market
The performance additives market was estimated at USD 111.32 billion in 2022 and is likely to grow at a CAGR of 7.8% during 2023-2028 to reach USD 174.70 billion in 2028.
Performance additives are substances that are added to materials to improve their properties. They are used in a wide range of applications, including plastics, rubber, paints, coatings, and lubricants.