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Recently, IHS Markit released a global antioxidant report.
According to the IHS Markit report, amines will account for 56% of total antioxidant consumption in 2020, followed by hindered phenols, phosphites, and thioesters
IHS Markit reports that by 2025, China’s growth in demand for antioxidants will still be supported by the continued expansion of the country’s plastics and rubber industries
The report pointed out that not only in terms of demand, Asia is also becoming a production center for antioxidants
IHS Markit also pointed out that the global antioxidant business will continue to be integrated and adjusted