Additives are essential components of plastic formulations providing maintenance and/or modification of polymer properties, performance, and long‐term use. Additive means any ingredient which is incorporated in a polymer (or a polymer blend), which is usually the main component, to provide a plastic formulation with adjusted properties. The extension of polymer properties by additives has been playing a substantial role in the growth of plastics, and many polymer applications are only accessible in the presence of a number of ingredients, often only in small quantities, in addition to the polymer itself. As real new polymer structures of standard plastics or engineering plastics are not introduced any more, additives drive innovation in the plastics area to design properties and functions of polymers.