New Product Developments, Acquisitions & Investments to Enhance their Position in the “Antifog Additives Market”


Posted September 2, 2019 by abhijeetw1

The antifog additives market is projected to grow from USD 335 million in 2019 to USD 417 million by 2024, at a CAGR of 4.4% from 2019 to 2024.

 
The antifog additives market is projected to grow from USD 335 million in 2019 to USD 417 million by 2024, at a CAGR of 4.4% from 2019 to 2024. The antifog additives market has been growing at a moderate pace over the past five years, owing to the increase in demand for antifog additives in food packaging films, agricultural films, among other applications.

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Key Market Players -

Nouryon (Netherlands), Croda International Plc. (U.K.), Clariant AG (Switzerland), A. Schulman (U.S.), PolyOne Corporation (U.S.), Evonik Industries (Germany), DowDuPont (U.S.), Ashland Inc. (U.S.) and Corbion N.V. (Netherlands) are some of the leading players operating in the antifog additives market. These players have adopted the strategies of expansions, new product developments, acquisitions, and investments to enhance their position in the market.

Key Questions Addressed by the Report:
How developments undertaken by various companies are expected to affect the antifog additives market in the mid- to long-term?
What are the upcoming industry applications of antifog additives?
What is the estimated size of the antifog additives market in 2019?
Based on application, the antifog additives market has been segmented into:

Agricultural Films
Food Packaging
Others (coating films for helmets, goggles, mirrors)
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Based on application, the food packaging segment of the antifog additives market is projected to grow at the highest CAGR in terms of both value and volume from 2019 to 2024.

Based on application, the food packaging segment of the market is projected to grow at the highest CAGR during the forecast period in terms of both value and volume. Antifog additives are primarily used in the production of polymer films to induce antifogging property in them, which are further used in the packaging of food items such as vegetables, fruits, breads, among others.

Recent Developments
In January 2018, PolyOne Corporation acquired the IQAP Master batch Group S.L., a privately owned and innovative provider of specialty colorants and additives based in Spain with customers throughout Europe. IQAP has built a technical and broad solutions portfolio that serves high-growth end markets consistent with PolyOne's focus, including transportation, packaging, consumer, wire & cable, and textiles. With two production facilities and a technology lab located in Spain, plus additional manufacturing capability in the Czech Republic, PolyOne will implement its proven invest-to-grow approach to integration and customer service.
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Issued By MNM
Country United States
Categories Business , Industry , Manufacturing
Tags antifog additive , antifog additives market
Last Updated September 2, 2019