Material Insights · Understanding the Material World

Polymer additives: Production

Why Chinese capacity is squeezing established stabiliser makers

What this tab covers Who makes it and how much: world capacity and output, utilisation, the top producing countries and companies globally and in India, concentration, new capacity coming, and each region's position.
MeasureFigureDetailSource
World capacitynot published
World outputnot published
Capacity utilisationnot publishedSongwon reports persistent oversupply and pricing pressure from Asia in 2025 and expects demanding conditions in 2026.Songwon FY2025 results
ConcentrationBASF, Clariant and Songwon named as leading stabiliser players (2017)No market shares published in sources reviewed. BASF, Avient, Dow, Lanxess and Evonik named leaders across all plastic additives (BCC 2024).MarketsandMarkets (2017); BCC Research (2024)
New capacitynot publishedChinese capacity additions underlie the oversupply cited by Songwon; no named projects retrieved.Songwon FY2025 results

Top producing countries

Asia-Pacific (demand) 57% · $34.8 billion of $61.5 billion plastic additives demand (2024) North America (demand) 19% · $11.9 billion (2024)
  • China: fast-growing antioxidant and light stabiliser capacity (Rianlon and others)
  • South Korea: Songwon (Ulsan)
  • Germany / Switzerland: BASF, Clariant, Baerlocher
  • Japan: Adeka
indicative; BCC Research via GII

Largest producers: global

CompanyCountryVolumeYearSource
BASF Segment figures not retrieved. Germanynot published n/a MarketsandMarkets (2017)
Songwon Industrial Down 2.9%; FY gross margin 13.7%. South Korea1,039,162 KRW million consolidated sales (Industrial Chemicals, incl. polymer stabilisers, KRW 752,925 million) 2025Songwon FY2025 results
Clariant (Adsorbents and Additives) EBITDA before exceptionals CHF 169 million (17.1%); additives grew, adsorbents fell. Switzerland987 CHF million sales (additives plus adsorbents) 2025Clariant Q4/FY2025 media release
Adeka Not retrieved. Japannot published n/a BCC Research key players
Lanxess (Specialty Additives) EBITDA pre-exceptionals €52 million (9.5%). Germany545 € million segment sales in Q1 2025 (includes flame retardants, rubber and lubricant additives) Q1 2025Packaging South Asia, 17 Jun 2025
Baerlocher Private. Germanynot published n/a BCC Research key players
Milliken Private. USnot published n/a BCC Research key players

Largest producers: India

CompanyCountryVolumeYearSource
Vinati Organics Capacity not verified in sources reviewed. Indianot published n/a
Platinum Industries Not verified. Indianot published n/a
Baerlocher India Additives Not verified. Indianot published n/a
Clariant Chemicals (India) Not verified. Indianot published n/a

India makes PVC stabilisers widely and has started antioxidant production (Vinati), but imports most high-performance antioxidants and light stabilisers from BASF, Songwon, Adeka and China. Growth in Indian polymer capacity (Reliance, IOCL, HMEL) raises demand.

Position by region

RegionPosition
USMilliken and alkylphenol producers; US trade measures affect Asian suppliers (Songwon).
EUBASF, Clariant, Baerlocher; high energy costs (Songwon).
IndiaImport-reliant for high-end stabilisers.
ChinaGrowing exporter; source of price pressure.
JapanAdeka.
Middle EastPolymer producers are big buyers.