Antistatic Agents Report 2021| Global Dynamics, Top Manufacturers Analysis, Trend and Demand, Forecast to 2027
3M (U.S.), Sanyo
Chemical Industries, Ltd. (Japan), BASF SE (Germany), Akzo Nobel N.V. (the
Netherlands), DuPont (U.S.), Clariant (Switzerland), Croda International Plc
(U.K.), A. Schulman, Inc. (U.S.), Arkema S.A.(France) and Evonik Industries AG
(Germany), among others are some of the prominent players at the forefront of
competition in the Global Antistatic agent Market and are profiled in MRFR
Analysis.
Antistatic
agent Market – Market Overview:
The global antistatic
agent market is growing with the spontaneous pace; mainly due to the burgeoning
packaging and electronics industries. According to a recent study report
published by the Market Research Future, the global market of antistatic agent
is prospering and expected to gain strong acclaim over the forecast period. The
market is projected to demonstrate a remarkable growth by 2022, surpassing its
previous growth records in terms of value with a striking CAGR during the
forecasted period (2017 – 2022).
Globally, the market
for antistatic agent is driven by the region Asia Pacific, owing to expanding
production capacity and increasing demand for the product in end-use
applications. These agents are utilized to avoid the formation of static
electricity and dust particles on the product. High processing ability and
standard performance are the major factors behind their growth in the market.
Increasing demand for
the product in end-use applications such as soaps, shampoos, hair conditioner,
and others signifies the growth of cosmetics industry. Moreover, increasing
consumption of compound in electronics, automotive, and textile sectors provide
a boost to the antistatic agent market growth.
On the other hand, the
changing prices of raw materials and stringent regulations implemented by the
regulatory bodies are estimated to hinder the market growth over the assessment
period.
Antistatic agents are
used in various industries such as packaging, electronics, automotive, textile
and others to impart superior performance, long life, and reliable nature to
the final product. They are also utilized in aviation, ink industries due to
enhanced efficiency, and improved fuel performance offered by them. Due to
these factors, the increasing demand of antistatic agents has prompted the
manufacturers and investors to adopt them in end-use applications.
Additionally, the increasing mergers & acquisitions among the leading
companies is estimated to drive the market during the forecast period.
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Antistatic
agent Market - Regional Analysis
Geographically, Asia
Pacific region is leading the global antistatic agent market. China holds the
major portion in the region due to extensive use of agents in metal industry,
oil field chemicals, fabric softeners, petroleum additives, and others.
Increasing popularity of sanitizers and deforming agents in textile, paper,
drilling, chemical, paint, metal, and others has boosted the market demand in
Japan, and India. North America has witnessed a moderate growth in the market
owing to volatile prices of raw materials. A sluggish growth has been received
by the European region due to implementation of strict rules and regulations in
end-use industries. Additionally, the market is growing significantly in the
Middle East & Africa and Latin America regions, due to extensive consumption
of the product in cosmetic waxes, speciality chemicals, and others
Antistatic
agent Market- Competitive Landscape
The Antistatic agent
market appears to be competitive with the presence of several large and small
players functioning in manufacturing and development of product. These key
players compete with each other’s on the basis of quality, price, production
and innovation. Antistatic agent market is set to grow at a higher CAGR which
is likely to attract many entrants to the market resulting into healthy
competition in the future. Manufacturers operating in the antistatic agent
market are striving to respond to the rising demand for the product
from electronic, automotive, personal care, and other sectors attributed to
expanding production capacity in major sectors. They ensure to deliver the best
quality products based on innovative technologies, solutions and best
practices.
Industry/
Innovation/ Related News:
February
2, 2015 – Sanyo Chemical
Industries, Ltd. (Japan), one of the major producers of antistatic agents,
announced that the company has developed enduring anti-static agents PELECTRON
products that add superior performance to the final product. The company has
also added PELECTRON LMP-FS products and is utilized in films, sheets due to
their low-mould temperature. One of the sources of the company declared that
these products were developed to add extraordinary features such as accident
and explosion prevention, superior safety features, and others. Moreover, these
products are extensively used in numerous packaging materials, inner bag of
flexible containers, surface protection films for crystal, and others.
Therefore, these factors are projected to drive the market over the assessment
period due to unique exhibited by the product such as flexibility, mechanical
strength, durable nature, and others.
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