High-performance Additives Companies

The High-performance additives market size is projected to grow from USD  14.02 billion in 2024 to USD  20.11 billion by 2029, registering a CAGR of 7.5% during the forecast period. Technological advancements, regulatory needs, industrial expansion, and shifting expectations for material performance drive the demand for high-performance additives. Ongoing innovation within material science allows for the creation of additives that increase durability, strength, and functionality, making them critical to various applications. Regulation and industrial standards compel producers to use additives that enhance safety, efficiency, and compliance with changing regulations. The increased spread of automation and precision production causes the necessity of additives which perform optimally in high-technology processes. Consumer demands for superior quality and long-lasting products are also growing, further catalyzing the requirement for superior quality additives improving longevity and performance.

High-performance Additives Companies

These prominent competitors, along with a slew of others, define the High-performance additives market through ongoing innovations partnership, product launch, acquisition, expansion of manufacturing facilities, and worldwide growth strategies. Their contributions propel technological developments, broaden market reach, and shape industry standards, ultimately influencing the future of high-performance additives and their numerous uses., such as include  BASF (Germany), CLARIANT (Switzerland), Evonik Industries AG (Germany), LANXESS (Germany), Arkema (France), Avient Corporation (US), Solvay (Belgium), SI Group, Inc. (US), SABIC (Saudi Arabia), Synthomer plc (UK), and Cabot Corporation (US). adopt, partnership, product launch, acquisition and expansions  to increase their market shares and expand their geographic presence.

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In January 2024, Evonik commenced a major expansion of its precipitated silica production at its Charleston site in South Carolina, with operations expected to begin in 2026. The project will increase the plant's production capacity by 50%, addressing the rising demand for silica, particularly in green tire manufacturing.

In February 2025, LANXESS introduced Vulkanox HS Scopeblue, a new rubber additive designed to enhance the sustainability and longevity of tires. This innovative antidegradant is made from 55% sustainable raw materials and is a sustainable variant of the proven antioxidant Vulkanox HS (TMQ).

BASF, established in 1865, is a leading global chemical company headquartered in Ludwigshafen, Germany. The company operates in over 93 countries and has 234 production sites globally, spanning Europe, North America, South America, Asia Pacific, Africa, and the Middle East. BASF's business portfolio comprises seven distinct segments: Chemicals, Industrial Solutions, Materials, Surface Technologies, Nutrition & Care, Agricultural Solutions, and Other. The company manufactures high-performance additives under the Chemicals and Industrial Solutions segment. BASF company organizes its operations into five geographical regions: Europe, North America, Asia Pacific, South America, and Africa and the Middle East. In 2023, Europe represented 40% of the company's total revenue, followed by North America at 28%, Asia Pacific at 25%, and South America, Africa, and the Middle East at 7%. BASF's strategic expansion of its high-performance additives plant in Nanjing, China, underscores the company’s commitment to meeting the rapidly growing demand for advanced materials in Asia and other regions. By investing in a state-of-the-art production line for Controlled Free Radical Polymerization (CFRP) dispersants, BASF aims to enhance its competitive edge in the specialty additives market while adhering to stringent environmental standards.

Evonik Industries AG, established in 2007, is one of the world leaders in specialty chemicals headquartered in Essen, Germany. Evonik’s business portfolio comprises five distinct segments: Smart Materials, Nutrition & Care, Specialty Additives, Performance Materials, Technology & Infrastructure.  The company manufactures high-performance additives under its Smart Materials and Specialty Additives division. Evonik maintains a significant global presence, operating in more than 100 countries and generating 83% of its sales outside Germany. The company has production facilities at 104 locations across 27 countries on six continents. Its largest production sites are in Marl, Wesseling, and Rheinfelden (Germany), Antwerp (Belgium), Mobile (Alabama, USA), Shanghai (China), and Singapore. Evonik organizes its operations into four regions: Europe, Middle East & Africa, North America, Asia Pacific, Central & South America. The company is expanding its presence through targeted investments and partnerships that align with its sustainability and growth objectives. A key initiative is the major expansion of its precipitated silica production at its Charleston site in South Carolina, set to commence operations in 2026. This expansion will increase production capacity by 50%, catering to the rising global demand for silica, particularly in green tire manufacturing, where it enhances fuel efficiency and reduces CO2 emissions. By incorporating circular raw materials, Evonik is reinforcing its commitment to sustainability while lowering the carbon footprint of its operations.

LANXESS is a prominent German specialty chemicals company headquartered in Cologne, established in 2004 following a spin-off from Bayer AG. The company operates through three primary segments: Advanced Industrial Intermediates, Specialty Additives, and Consumer Protection. The Specialty Additives segment encompasses three business units: Polymer Additives, Lubricant Additives, and Rhein Chemie. The company manufactures high-performance tire additives through its Rhein Chemie business unit. The company employing approximately 12,400 people across 32 countries and operating at 60 production sites worldwide. LANXESS serves diverse markets across Europe, Asia Pacific, South America, and North America, emphasizing sustainability and innovation. LANXESS has positioned itself as a leader in sustainable innovation with the introduction of Vulkanox HS Scopeblue, a next-generation rubber additive designed to enhance the durability and environmental performance of tires. By incorporating 55% sustainable raw materials and leveraging biocircular acetone and renewable energy, LANXESS is set to reduce the product’s carbon footprint by over 30% compared to conventional alternatives. Manufactured in an ISCC PLUS-certified facility in Germany, Vulkanox HS Scopeblue exemplifies the company's commitment to sustainability under the Scopeblue label, which signifies products with a low carbon footprint or high circular material content.

Arkema, a leading specialty materials company headquartered in Colombes, France, was established in 2004. Its business is structured into three coherent and complementary segments: Adhesive Solutions, Advanced Materials, and Coating Solutions, which together make up the Specialty Materials platform and account for 92% of the Group's sales. The company’s high-performance additives are manufactured by MLPC International, a wholly owned subsidiary of the Arkema group. MLPC International operates under the Thiochemistry Division, which is part of Arkema's Advanced Materials segment. The Coating Solutions segment as well cater to the high-performance additive market. Arkema has a strong global footprint, with a presence in 55 countries and 151 production plants distributed across Europe (60 plants), North America (44 plants), Asia (34 plants), and the rest of the world (13 plants). By 2028, Arkema aims to generate approximately USD 13 billion in sales with an EBITDA margin of around 18%. Arkema will participate in Chemspec Europe in June 2025, where it will showcase a complete product portfolio, including vulcanization agents from MLPC, such as Vultac vulcanization agent, which is widely used in the tire industry. This strategy reinforces Arkema’s commitment to becoming a leader in specialty materials and high-performance additives while addressing global sustainability challenges.

Solvay is a Belgian-French multinational chemical company founded in 1863 and headquartered in Brussels, Belgium. The company operates through two segments: Basic Chemicals and Performance Chemicals. The Basic Chemicals segment encompasses Soda Ash, Derivatives, and Peroxides, whereas the Performance Chemicals segment includes Silica, Coatis, and Special Chem businesses. The company manufactures high-performance tire additives under the silica business. Solvay operates 44 production sites across 41 countries worldwide. The company classifies its business into four major regions: Europe, North America, Latin America, and Asia & Rest of the World. Europe accounts for 36% of the total revenue, followed by Asia & Rest of the World at 27%, Latin America at 19%, and North America at 18%. The company is reinforcing its leadership in highly dispersible silica (HDS) by launching its first bio-circular HDS production unit at its Livorno site in Italy, a move that will significantly increase the use of sustainable raw materials and reduce the CO2 footprint in tire manufacturing. Further strengthening its sustainability efforts, Solvay has entered a strategic partnership with Hankook by signing a Memorandum of Understanding (MoU) to develop circular silica from biosourced and waste materials.

Market Ranking

The high-performance additives market is fragmented, with five main players collectively holding 14-14.5% of the total market share. BASF is strengthening its position by investing in a state-of-the-art production line for Controlled Free Radical Polymerization dispersants, enhancing its competitive edge while adhering to stringent environmental regulations. Evonik has expanded its market reach by partnering with Biesterfeld Performance Rubber GmbH to distribute VESTENAMER, a high-performance rubber additive, across the EMEA region (excluding Italy). Lanxess is making strides in sustainability with the introduction of Vulkanox HS Scopeblue, a next-generation rubber additive that improves tire durability while minimizing environmental impact. Arkema is preparing to showcase its complete product portfolio at Chemspec Europe in June 2025, featuring vulcanization agents like Vultac from MLPC. Solvay, focusing on circular economy solutions, has signed a Memorandum of Understanding (MoU) with Hankook to develop circular silica using bio-based and waste materials. As demand for advanced  additives rises, key players continue to innovate, while the remaining 85.5-86% of the market is shared among regional and emerging manufacturers.

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High-performance Additives Market by Product Type (Stabilizers, Fillers, Vulcanization Agents, Softeners, Resin), Function(Performance Additives, Processing Additives) End-Use Industry (Automotive, Medical) - Global Forecast to 2029