Anti Static Additives Market Share, Size Global Production, Business Growth, Industry Revenue, Demand and Applications Market Research Report to 2027
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 anti
static additives 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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