The antistatic agents market is projected to grow from USD 437 million to USD 594 million by 2024, at a CAGR of 6.3% from 2019 to 2024. The key factor driving the growth of the market is the increasing demand for antistatic agents from the packaging, electronics, and automotive industries.

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Key Market Players
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), among others are the major players operating in the market.

Key Questions Addressed by the Report -
What are the future revenue pockets in the antistatic agents market?
Which key developments are expected to have a long-term impact on the antistatic agents market?
Which products, polymers, and forms are expected to dominate the antistatic agents market?
Based on polymer, the polypropylene segment is projected to lead the antistatic agents market during the forecast period, in terms of volume.

The polypropylene segment is estimated to account for the largest share of the antistatic agents market in 2019, in terms of volume. Polypropylene is used in different plastic processing technologies such as injection molding, blow molding, film manufacturing, fiber manufacturing, sheet extrusions, and thermoforming. The versatility and compatibility of polypropylene with other polymers and additives lead to its increased use in packaging materials, household goods, textiles, films, and pipes as well as in various applications in the automotive and electronics industries. This, in turn, leads to a rise in demand for polypropylene across the globe.

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The Asia Pacific region is projected to lead the antistatic agents market from 2019 to 2024, in terms of value and volume.

The Asia Pacific region is estimated to account for the largest share of the antistatic agents market in 2019 in terms of value and volume, followed by the European and North American regions. China is one of the major consumers of antistatic agents in the Asia Pacific region. Improving lifestyle of the population, increasing investments in the packaging industry, and flourishing electronics, automotive, and textiles industries in Asia Pacific are fueling the demand for antistatic agents in the region, thereby contributing to the growth of the Asia Pacific antistatic agents market.