Antistatic Agents Market Development Strategy, Explosive Factors of Revenue by Key Vendors Demand, Future Trends
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 Antistatic Agent Market 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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