The global anti-fog additives market is expected to reach USD
2.21 billion by 2024, according to a new report by Grand View Research, Inc.
Increasing demand for functional and packaged foods, primarily in China, India,
Brazil and Thailand, Singapore and Vietnam, is likely to augment market
expansion. New applications for these additives in architectural structures
such as greenhouses and skylights will create immense industry potential in the
near future.
Growing product demand in master batches for manufacturing
polymers namely LDPE, LLDPE, EVA, and PVC as they offer a higher level of
durability and performance will propel industry size over the forecast period.
The growing demand for high-quality and efficient optical products is likely to
impact market growth positively over the next eight years. Growing preference
for biodegradable food packaging and agricultural films will open new market
avenues over the next few years.
Sorbitan esters will witness significant growth at a CAGR of
7.0% in terms of revenue owing to its growing consumption in LDPE, LLDPE, PVC,
and EVA films for food packaging and agricultural applications, as they have
anti-fog, anti-static, and dispersion properties.
Browse full research report on Anti-Fog Additives Market:
Further key findings from the report suggest:
- The
global anti-fog additives market demand was 310.5 kilo tons in 2015 and is
expected to reach 526.6 kilo tons by 2024, growing at a CAGR of 6.1% from
2016 to 2024
- Agricultural
films accounted for 28.2% of the global volume in 2015 and will witness
substantial growth on account of rising government spending along with
increasing requirement of high-quality crops. Also, agricultural films
exhibit high durability, thermal resistance, and tensile strength which
helps in extending the shelf life of agricultural products. This factor,
in turn, is expected to augment demand for anti-fog additives over the
forecast period.
- Asia
Pacific will witness tremendous gains at a CAGR of 6.7% in terms of volume
on account of growing demand for processed food. Developments in the food
processing sector including preservation technologies including cold
storage, and climate control storage are expected to augment growth.
- MEA is
expected to witness a significant increase in demand for anti-fog additive
owing to growing demand for packaged food in light of the expansion of
retail food outlets and new product launches. Demand for the product is
expected to reach 46.5 kilo tons by 2024.
- Major
market participants include A. Schulman, Inc., AkzoNobel N.V, Croda
International PLC, Evonik Industries AG, PCC Chemax Inc., Fine Organics,
Palsgaard, Polyvel Inc., PolyOne Corporation, and Ampacet Corporation.
Product innovation by key market players to improve the durability and
long-term performance of their products over a wide range of temperatures
is likely to propel demand for the product. Various companies including
AkzoNobel N.V., Ampacet Corporation, and Croda International PLC are
focusing on creating multifunctional products that provide anti-static and
dispersion properties along with the anti-fogging function to gain
industry share.
Browse more reports of this category by Grand View Research:
http://www.grandviewresearch.com/industry/specialty-and-fine-chemicals
Grand View Research has segmented the global anti-fog
additives market on the basis of product, application and region:
Product Outlook (Volume, Kilo Tons; Revenue, USD Million,
2013 - 2024)
- Glycerol
esters
- Ethoxylated
sorbitan esters
- Polyglycerol
esters
- Sorbitan
esters
- Polyoxyethylene
esters
- Others
Application Outlook (Volume, Kilo Tons; Revenue, USD
Million, 2013 - 2024)
- Agricultural
films
- Food
packaging films
- Others
Regional Outlook (Volume, Kilo Tons; Revenue, USD
Million, 2013 - 2024)
- North
America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Russia
- Asia
Pacific
- China
- India
- Japan
- Latin
America
- Brazil
- MEA
Access press
release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-anti-fog-additives-market
About Grand View Research
Grand View Research, Inc. is a U.S. based market research
and consulting company, registered in the State of California and headquartered
in San Francisco. The company provides syndicated research reports,
customized research reports, and consulting services. To help clients make
informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
For more information:
www.grandviewresearch.com
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