The Global Antioxidant 245 Market was valued at USD 98.3 Million in 2024 and is projected to reach USD 147.3 Million by 2032, growing at a Compound Annual Growth Rate (CAGR) of 5.5% during the forecast period (2024–2032). This growth is driven by increasing demand for durable polymer materials across automotive, construction, and consumer goods sectors, along with rising industrialization in emerging economies.

As manufacturers seek to enhance product longevity against oxidative degradation, the focus shifts to specialized chemical providers developing advanced stabilization solutions. This blog profiles the Top 10 Companies in the Antioxidant 245 Industry—innovators formulating high-performance additives that extend material lifespans across critical applications.

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🔟 1. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: Antioxidant 245 (CAS 36443-68-2) under Irganox® series

BASF leads the market with its Irganox® antioxidant series, providing solutions for polyurethane, polyformaldehyde, and other polymers. The company invests heavily in R&D to develop thermally stable formulations that meet evolving industry requirements.

Innovation Highlights:

• Patented molecular stabilization technology

• Customized additive packages for specialty polymers

• Sustainability initiatives for reduced environmental impact

Download FREE Sample Report:
Antioxidant 245 (CAS 36443-68-2) Market Thorough Analysis Report

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9️⃣ 2. Songwon Industrial Co., Ltd.

Headquarters: Ulsan, South Korea
Key Offering: Songnox® Antioxidant 245 formulations

Songwon specializes in high-performance antioxidant solutions, with global production capabilities supporting automotive and construction material manufacturers. The company maintains strict quality control across its antioxidant product lines.

Innovation Highlights:

• Integrated production from raw materials to finished goods

• Technical service teams supporting application development

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8️⃣ 3. Addivant (SI Group)

Headquarters: Schenectady, New York, USA
Key Offering: WESTON® Antioxidant 245 products

Addivant provides specialized antioxidant solutions through its WESTON® product line, offering both standard and modified variants for different polymer processing conditions.

Innovation Highlights:

• Pelletized forms for easier handling

• Synergistic formulations with other stabilizers

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7️⃣ 4. Double Bond Chemical Ind., Co., Ltd.

Headquarters: Taipei, Taiwan
Key Offering: Antioxidant 245 for Asian markets

Double Bond Chemical specializes in antioxidant solutions tailored to Asia’s growing polymer industry, with strong supply chain integration across the region.

Innovation Highlights:

• Cost-effective solutions without compromising quality

• Rapid response to regional market needs

Download FREE Sample Report:
Antioxidant 245 (CAS 36443-68-2) Market Thorough Analysis Report

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6️⃣ 5. Penglai Hongwei Chemical Co., Ltd.

Headquarters: Shandong, China
Key Offering: Cost-competitive Antioxidant 245

Penglai Hongwei has emerged as a major Chinese supplier, serving domestic polymer producers with consistent quality antioxidant solutions at competitive prices.

Innovation Highlights:

• Local production meeting international standards

• Gradual expansion into global markets

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5️⃣ 6. Rianlon Corporation

Holdings: Tianjin, China
Key Offering: Rianox® Antioxidant 245 series

Rianlon offers comprehensive antioxidant solutions through its vertically integrated production facilities, serving both Chinese and international customers.

Innovation Highlights:

• Strong technical support network

• Custom formulations for specific applications

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4️⃣ 7. Jiyi Chemical Co., Ltd.

Holdings: Shandong, China
Key Offering: Competitive Antioxidant 245 solutions

Jiyi Chemical has grown rapidly by focusing on quality improvements and cost optimization, becoming a preferred supplier for price-sensitive manufacturers.

Innovation Highlights:

• Process optimization for efficiency

• Expanding distribution networks

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3️⃣ 8. Mayzo, Inc.

Holdings: Norcross, Georgia, USA
Key Offering: Specialty antioxidant formulations

Mayzo focuses on high-performance antioxidant solutions for demanding applications, including specialized 245 variants for extreme conditions.

Innovation Highlights:

• Regulatory compliance expertise

• Technical partnership approach

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2️⃣ 9. Everspring Chemical Co., Ltd.

Holdings: Taipei, Taiwan
Key Offering: Antioxidant 245 for electronics applications

Everspring serves specialized markets with high-purity antioxidant solutions, particularly for applications requiring low contamination risks.

Innovation Highlights:

• Cleanroom packaging options

• UL-certified formulations

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1️⃣ 10. Milliken & Company

Holdings: Spartanburg, South Carolina, USA
Key Offering: High-performance antioxidant blends

Milliken combines Antioxidant 245 with proprietary technologies to create advanced stabilization systems for challenging polymer applications.

Innovation Highlights:

• Patent-protected additive technologies

• Sustainable formulation alternatives

Get Full Report Here:
Antioxidant 245 (CAS 36443-68-2) Market Thorough Analysis Report

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🔬 Outlook: The Future of Antioxidant 245 Is Smarter and More Sustainable

The Antioxidant 245 market is evolving with industry demands for enhanced material performance and environmental responsibility, driving innovation across formulation and application technologies.

📈 Key Trends Shaping the Market:

• Development of bio-derived antioxidant alternatives

• Increased regulatory scrutiny of chemical additives

• Growing demand from renewable energy applications

• Technical collaborations between suppliers and end-users

Get Full Report Here:
Antioxidant 245 (CAS 36443-68-2) Market Thorough Analysis Report

These leading companies are not just supplying chemicals—they’re enabling the next generation of durable, sustainable materials across industries.