Global Antistatic Agents Market to Witness a CAGR of 6.3% Over 2019-2024 - Growing Adoption of Green Antistatic Agents Across the Globe

8/6/2019, 12:42 PM (Source: GlobeNewswire)

Dublin, Aug. 06, 2019 (GLOBE NEWSWIRE) -- The "Antistatic Agents Market by Form (Liquid, Powder), Product (Ethoxylated Fatty Acid Amines, Glycerol Monostearate, Diethanolamides), Polymer (PP, ABS, PE, PVC), End-Use Industry (Packaging, Automotive, Electronics), Region - Global Forecast to 2024" report has been added to ResearchAndMarkets.com's offering.

The antistatic agents market is projected to grow from USD 437 million in 2019 to USD 594 million by 2024, at a CAGR of 6.3% from 2019 to 2024.

This report covers the antistatic agents market based on form, product, polymer, end-use industry, and region. It aims at estimating the size and future growth potential of the market across various segments. The report also includes an in-depth competitive analysis of the key market players, along with their profiles and key growth strategies adopted by them.

Rising population, ongoing urbanization, and increasing disposable income of the middle-class population are the main factors that have led to the growth of packaging, electronics, and textiles industries across the globe. This, in turn, is expected to drive the growth of the antistatic agents market, worldwide. Volatility in the prices of raw materials and the formulation and stringent implementation of rules & regulations related to packaging films used in the food & beverages industry are expected to restrain the growth of the antistatic agents market.

The leading manufacturers of antistatic agents profiled in this report are BASF SE (Germany), Arkema (France), Clariant (Switzerland), Croda International PLC. (UK), DowDuPont (US), Evonik Industries AG (Germany), Nouryon (Netherlands), Solvay S.A. (Belgium), PolyOne Corporation (US), Riken Vitamin Co., Ltd. (Japan), Mitsubishi Chemical Corporation (Japan), and Kao Group (Japan).

The ethoxylated fatty acid amines segment is projected to grow at the highest CAGR during the forecast period, in terms of value.

Based on product, the ethoxylated fatty acid amines segment of the antistatic agents market is projected to grow at the highest CAGR from 2019 to 2024, in terms of value and volume. The growth of this segment can be attributed to the high processing stability of ethoxylated fatty acid amines and improved performance benefits offered by them as compared to other types of antistatic agents. Ethoxylated fatty acid amines are the widely used antistatic agents in the manufacturing of films & sheets used in the packaging industry to remove or reduce the static charge build-up over their surfaces.

The polypropylene segment is projected to lead the antistatic agents market during the forecast period, in terms of volume.

Based on the polymer, the polypropylene segment accounted for the largest share of the antistatic agents market in 2018, in terms of volume. The growth of the polypropylene segment can be attributed to the low electrical conductivity and good chemical and fatigue resistance offered by polypropylene. Hence, polypropylene is widely used in the manufacturing of rigid packaging, flexible packaging, and Biaxially Oriented Polypropylene (BOPP) films.

The Asia Pacific antistatic agents market is projected to grow at the highest CAGR between 2019 and 2024, in terms of both, value and volume.

The Asia Pacific antistatic agents market is projected to grow at the highest CAGR during the forecast period, in terms of both, value and volume. The growth of the market in the Asia Pacific region is driven by the increasing demand for antistatic agents from countries such as China and India. China is a major consumer of antistatic agents in the Asia Pacific region, owing to the increased consumption of these agents in the packaging and automotive industries of the country. In terms of volume, the antistatic agents market in China is projected to grow at the highest CAGR during the forecast period due to the increasing demand for antistatic agents from the packaging and textiles industries of the country.

Key Topics Covered

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Study Scope
1.4 Currency
1.5 Stakeholders
1.6 Limitations

2 Research Methodology
2.1 Research Data
2.2 Market Size Estimation
2.3 Market Breakdown and Data Triangulation
2.4 Assumptions

3 Executive Summary

4 Premium Insights
4.1 Attractive Growth Opportunities In the Antistatic Agents Market
4.2 Antistatic Agents Market, By Product
4.3 Antistatic Agents Market By Polymer and End-Use Industry

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Demand For Antistatic Agents From Various End-Use Industries
5.2.1.2 Growing Adoption of Green Antistatic Agents Across the Globe
5.2.2 Restraints
5.2.2.1 Formulation and Stringent Implementation of Rules & Regulations Related to Packaging Films For Food & Beverages
5.2.2.2 Volatility In the Prices of Raw Materials
5.2.3 Opportunities
5.2.3.1 Development of New and Improved Antistatic Agents
5.2.4 Challenges
5.2.4.1 Management of Plastic Wastes Generated From the Packaging and Electronic Industries
5.2.4.2 Lack of Proper Regulations to Monitor the Use of Antistatic Agents In Emerging Economies
5.3 Porter's Five Forces Analysis
5.3.1 Threat of New Entrants
5.3.2 Threat of Substitutes
5.3.3 Bargaining Power of Suppliers
5.3.4 Bargaining Power of Buyers
5.3.5 Intensity of Competitive Rivalry

6 Antistatic Agents Market, By Category
6.1 Introduction
6.2 External Antistatic Agents
6.2.1 Topical Antistatic Agents
6.3 Internal Antistatic Agents
6.3.1 Migratory Antistatic Agents
6.3.1.1 Cationic Antistatic Agents
6.3.1.2 Anionic Antistatic Agents
6.3.1.3 Nonionic Antistatic Agents

7 Antistatic Agents Market, By Form
7.1 Introduction
7.2 Liquid
7.2.1 Greater Tendency to Migrate Into the Material Surface Compared to Other Forms Is Expected to Drive the Growth of Liquid Antistatic Agents Market.
7.3 Powder
7.3.1 Increasing Applications For All Kinds of Thermosetting Powder Coating Is Projected to Grow Market For Powder Form
7.4 Others
7.4.1 Asia Pacific Region Is Expected to Lead the Others Segment of Antistatic Agent Market

8 Antistatic Agents Market, By Product
8.1 Introduction
8.2 Ethoxylated Fatty Acid Amines
8.2.1 Increasing Demand For Polyethylene Films & Sheets Is Projected to Drive the Market For Ethoxylated Fatty Acid Amines
8.3 Glycerol Monostearate
8.3.1 Glycerol Monostearate Product Is Expected to Grow Antistatic Agents Market, Owing to Its High Heat Stability Properties.
8.4 Diethanolamides
8.4.1 High Compatibility of Diethanolamide With Various Commodity Plastics has Led Its Growth In Antistatic Agent Market
8.5 Others
8.5.1 Increasing Demand Form Textile Industries has Anticipated the Growth For Others Segment of Antistatic Agents

9 Antistatic Agents Market, By Polymer
9.1 Introduction
9.2 Polypropylene (PP)
9.2.1 Versatility and Compatibility of PP With Other Polymer and Additives has Led to Increase Its Use For Producing Antistatic Additives
9.2.2 Polypropylene Homopolymers
9.2.3 Polypropylene Copolymers
9.3 Acrylonitrile Butadiene Styrene (ABS)
9.3.1 Increasing Applications In Automobile and Electronic Products Is Expected Grow ABS Polymer In Antistatic Agent Market
9.3.2 Automobile Components
9.3.3 Electronic Products
9.3.4 Consumer Products
9.4 Polyethylene (PE)
9.4.1 PE Polymer Is Expected to Grow Antistatic Agents Market, Owing to Its Increased Applications In Various Industries.
9.4.2 Linear Low-Density Polyethylene (LIDPE)
9.4.3 Low-Density Polyethylene (LDPE)
9.4.4 High-Density Polyethylene (HDPE)
9.5 Polyvinyl Chloride (PVC)
9.5.1 PVC Polymer Is Projected to Increase Antistatic Agents Market, Due to Its Increasing Use In Electronics and Healthcare Industries
9.5.2 Rigid PVC
9.5.3 Flexible PVC
9.6 Others
9.6.1 Increasing Applications In Various Industries has Led the Growth of Others Segment of Antistatic Agents Market

10 Antistatic Agents Market, By End-Use Industry
10.1 Introduction
10.2 Packaging
10.2.1 Increase In Demand to Reduce the Accumulation of Static Charge In Packaging Industry, Is Expected to Grow the Demand For Antistatic Agents Market
10.2.2 Industrial Packaging
10.2.3 Retail Packaging
10.2.4 Consumer Packaging
10.3 Electronics
10.3.1 Lower Cost and Insulation Properties of Plastics has Increased the Demand For Antistatic Agent
10.3.2 Electronic Transport Systems
10.3.3 Electronic Components
10.3.4 Electronic Packaging
10.4 Automotive
10.4.1 Increasing Use of Plastics In Automotive Industries Is Projected to Grow the Demand For Antistatic Agents.
10.4.2 Oem Parts
10.4.3 Interior Components
10.4.4 Exterior Components
10.4.5 Aftermarket Parts
10.5 Textiles
10.5.1 Technological Advancement Such as High-Speed Spinning and Weaving In the Textile Industry Is Anticipated to Increase Demand For Antistatic Agents
10.5.2 Carpets
10.5.3 Synthetic Fibers
10.5.4 Natural Fibers
10.5.5 Fabric Softeners
10.6 Others
10.6.1 Increasing Application From Various End-Use Industries Is Driving the Growth of Antistatic Agents Market

11 Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 US
11.2.1.1 US Is Projected to Lead the North America Antistatic Agents Market From 2019 to 2024
11.2.2 Canada
11.2.2.1 Increased Automobile Production In Canada Is Expected to Drive the Growth of the Antistatic Agents Market In the Country
11.2.3 Mexico
11.2.3.1 Increased Production of Automotive Parts and Rise In Demand For Plastics Used In Packaging Materials are Expected to Drive the Growth of the Antistatic Agents Market In Mexico
11.3 Europe
11.3.1 Germany
11.3.1.1 Germany Is Projected to Lead the European Antistatic Agents Market During the Forecast Period In Terms of Volume
11.3.2 Russia
11.3.2.1 Flourishing Textiles Industry of Russia Is Expected to Drive the Growth of the Antistatic Agents Market In the Country
11.3.3 Italy
11.3.3.1 Increasing Consumption of Antistatic Agents In Various End-Use Industries Is Expected to Drive the Growth of the Antistatic Agents Market In Italy
11.3.4 France
11.3.4.1 Increasing Foreign Investments In Various End-Use Industries are Expected to Fuel the Growth of the Antistatic Agents Market In France
11.3.5 UK
11.3.5.1 Flourishing Flexible Packaging Industry In the Country Is Expected to Drive the Growth of the Antistatic Agents Market In the UK
11.3.6 Spain
11.3.6.1 Increasing Consumption of Packaging Materials In the Country Is Expected to Fuel the Growth of the Antistatic Agents Market In Spain
11.3.7 Rest of Europe
11.3.7.1 Initiatives Undertaken By Governments of Different Countries of the Region to Promote their Manufacturing Sectors are Expected to Contribute to the Growth of the Antistatic Agents Market In the Rest of Europe
11.4 South America
11.4.1 Brazil
11.4.1.1 Increased Automotive Production In Brazil Is Expected to Fuel the Demand For Antistatic Agents In the Country
11.4.2 Argentina
11.4.2.1 Growth of Various End-Use Industries In the Country Is Expected to Lead to the Growth of the Antistatic Agents Market In Argentina
11.4.3 Rest of South America
11.4.3.1 Growth of Antistatic Agents In Various Countries of the Region Is Expected to Fuel the Growth of the Rest of South America Antistatic Agents Market
11.5 Asia Pacific
11.5.1 China
11.5.1.1 In Terms of Value, China Is Projected to Lead the Asia Pacific Antistatic Agents Market During the Forecast Period
11.5.2 Japan
11.5.2.1 Advent of New and Innovative Automobile Production Technologies Is Projected to Fuel the Growth of the Antistatic Agents Market In Japan
11.5.3 India
11.5.3.1 Availability of Cheap Labor and Rise In the Inflow of FDI In the Manufacturing Sector of the Country are Fueling the Growth of the Antistatic Agents Market In India
11.5.4 Indonesia
11.5.4.1 Growing Demand For Antistatic Agents From the Packaging Films & Sheets and Textiles Industries Is Expected to Contribute to the Growth of the Antistatic Agents Market In Indonesia
11.5.5 South Korea
11.5.5.1 Technological Advancements In the Field of Electronics and Semiconductors In the Country are Projected to Drive the Growth of the Antistatic Agents Market In South Korea
11.5.6 Rest of Asia Pacific
11.5.6.1 Growth of Various End-Use Industries Is Expected to Lead to the Increased Consumption of Antistatic Agents In the Rest of Asia Pacific
11.6 Middle East & Africa (MEA)
11.6.1 Saudi Arabia
11.6.1.1 Increasing Demand For Antistatic Agents From the Packaging and Automobiles Industries Is Fueling the Growth of the Saudi Arabia Antistatic Agents Market
11.6.2 UAE
11.6.2.1 Increasing Use of Electronic Products and Appliances Is Expected to Fuel the Growth of the UAE Antistatic Agents Market
11.6.3 South Africa
11.6.3.1 Growing Application of Antistatic Agents In Various End-Use Industries Is Driving the Growth of the Antistatic Agents Market In South Africa
11.6.4 Rest of Middle East & Africa
11.6.4.1 Rising Demand For Antistatic Agents From the Automotive and Furniture Sectors Is Projected to Propel the Growth of the Antistatic Agents Market In the Rest of Middle East & Africa

12 Competitive Landscape
12.1 Introduction
12.1.1 Visionaries
12.1.2 Innovators
12.1.3 Dynamic Differentiators
12.1.4 Emerging Companies
12.2 Ranking of Key Market Players In the Antistatic Agents Market, 2018

13 Company Profiles
13.1 BASF SE
13.2 Nouryon
13.3 DowDuPont
13.4 Clariant
13.5 Croda International PLC
13.6 Arkema
13.7 Evonik Industries AG
13.8 Solvay S.A.
13.9 Polyone Corporation
13.10 Riken Vitamin Co. Ltd.
13.11 KAO Group
13.12 Mitsubishi Chemical Corporation
13.13 Other Key Players
13.13.1 Kenrich Petrochemicals Inc.
13.13.2 Fine Organics
13.13.3 Corbion N.V.
13.13.4 Palsgaard
13.13.5 Emery Oleochemicals
13.13.6 Tosaf Compounds Ltd.
13.13.7 Ilshinwells
13.13.8 Lamberti S.p.A.
13.13.9 Foster Corporation
13.13.10 Adeka Europe GmbH
13.13.11 Blend Colours
13.13.12 New Japan Chemical Co. Ltd.
13.13.13 Welsum Technology Co. Ltd.

For more information about this report visit https://www.researchandmarkets.com/r/b99vuf

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

CONTACT: ResearchAndMarkets.com
         Laura Wood, Senior Press Manager
         press@researchandmarkets.com
         For E.S.T Office Hours Call 1-917-300-0470
         For U.S./CAN Toll Free Call 1-800-526-8630
         For GMT Office Hours Call +353-1-416-8900

Primary Logo

Copyright GlobeNewswire, Inc. 2016. All rights reserved.
You can register yourself on the website to receive press releases directly via e-mail to your own e-mail account.