Antistatic Agents Market worth 631.2 Million USD by 2021


Posted October 3, 2018 by abhijeetw1

The antistatic agents market is projected to reach USD 631.2 Million by 2021, at a CAGR of 5.3% between 2016 and 2021.

 
The report "Antistatic Agents Market by Product Type (Ethoxylated Fatty Acid Amines, Glycerol Monostearate, Diethanolamides), End-Use Industry (Packaging, Electronics, Automotive, Textile), Polymer Type (PP, ABS, PVC, PE), Region - Global Forecast to 2021", The antistatic agents market is projected to reach USD 631.2 Million by 2021, at a CAGR of 5.3% from 2016 to 2021.

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This growth is mainly attributed to the increasing demand for antistatic agents from varied end-use industries such as packaging, electronics, and textile, among others.

Packaging end-use industry segment accounts for the largest share of the antistatic agents market

The packaging end-use industry segment is estimated to account for the largest share of the antistatic agents market in 2016. Antistatic agents are used to reduce the accumulation of static charge over plastic surfaces. Increasing demand for antistatic agents from industrial packaging, retail packaging, and consumer packaging segments have contributed to the growth of the antistatic agents market.

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Ethoxylated fatty acid amines segment is projected to lead the antistatic agents market, by product type during the forecast period

The ethoxylated fatty acid amines segment is estimated to account for about one-third of the antistatic agents market in 2016, in terms of value; this segment is anticipated to grow at the highest CAGR during the forecast period. In comparison to other types of antistatic agents, ethoxylated fatty acid amines offer high processing stability and superior performance benefits, which make them one of the most preferred antistatic agents utilized in the packaging industry.

Polypropylene polymer type segment to lead the antistatic agents market during the forecast period

The polypropylene polymer type segment is estimated to account for the largest share of the antistatic agents market in 2016. Major properties of polypropylene include high melting point, water resistance, low electrical conductivity, good chemical & fatigue resistance, good hinge property, and flexibility. Hence, polypropylene (PP) is widely used in rigid packaging, flexible packaging, and BOPP films manufacturing.

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Key market players covered in this report include 3M (U.S.), BASF SE (Germany), Akzo Nobel N.V. (Netherlands), DuPont (U.S.), Croda International Plc. (U.K.), A. Schulman, Inc. (U.S.), Arkema (France), Evonik Industries AG (Germany), and Solvay S.A. (Belgium).

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Issued By marketsandmarkets
Country United States
Categories Business , Industry , Manufacturing
Tags antistatic agents , antistatic agents market
Last Updated October 3, 2018