Antistatic Agent Market Share 2022: Industry Size, Overview, Segmentation and Geographical Forecast Till 2030
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 Share 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 share. 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 share
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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