Antistatic Agents Market, Research by Size, Share, Trends,Manufacturers, Consumption, Revenue and Growth Rate till 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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