ANTIFOG ADDITIVES MARKET 2023 TO 2030| INDUSTRY INSIGHTS, GROWTH


The Antifog Additives Market Size Research analysis presents estimations of growth, size, and projections for each market segment, accompanied by trends and forecasts based on revenue (in USD million). This report encompasses historical, current, and prospective analyses and appraisals for the Antifog Additives Market. The global antifog additives market size was valued at USD 358.3 million in 2022 and is expected to reach a valuation of USD 370.0 million in 2023. The market is expected to reach USD 514.2 million by 2030 with a CAGR of 4.8% during the forecast period.

Market Scope of the Report:

A thorough examination of statistical data pertaining to prevailing and evolving trends brings lucidity to the dynamics of the Antifog Additives Market. The utilization of Porter’s five forces within the report underscores the significance of diverse facets, encompassing supplier and customer comprehension, risks stemming from various agents, competitive potency, and the identification of promising up-and-coming entrepreneurs for valuable insights. Moreover, the report encompasses a wealth of Antifog Additives research data related to multiple companies, advantages, gross margins, global market strategic choices, and more, presented through tables, graphs, and illustrative infographics.

Market Segmentation:

The study offers detailed segmentation of the global Antifog Additives market based on Type, End User, and region. The report provides in-depth discussions of these segments and their sub-divisions, supported by tables and figures. Market players and investors can strategize their approaches based on the high-revenue and rapidly growing segments highlighted in the report.

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.

Based on type, the glycerol ester segment of the antifog additives market is projected to grow at a higher CAGR from 2019 to 2024 in terms of both value and volume.

Based on type, the antifog additives market has been segmented into glycerol esters, polyglycerol esters, sorbitan esters of fatty acids, ethoxylated sorbitan esters, polyoxyethylene esters of oleic acid, gelatin, titanium dioxide, and others. The glycerol esters type segment is projected to lead the market during the forecast period in terms of both value and volume. Glycerol ester type antifog additives have the largest market share in the global antifog additives market, followed by polyglycerol and sorbitan esters. The demand for glycerol ester antifog additives will continue to rise as these are safe to use in the food packaging films application and are cheaply available.

Research Approach:

The report incorporates primary information collected directly from key stakeholders through quantitative and qualitative analyses utilizing the Porter Five Force model’s parameters. The report emphasizes macroeconomic indicators, trends within the parent market, and growth drivers. A comprehensive understanding of the market is achieved through both primary and secondary research. Rigorous checks were performed on the data used in the report to ensure its authenticity and quality. The credibility of evaluations and market segments is established using both bottom-up and top-down methodologies.

Source- https://www.fortunebusinessinsights.com/antifog-additives-market-107642

Industry Drivers:

Increasing Demand for Fog-free Polymer Films in the Food Industry to Drive Market TrajectoryIncreasing demand for fog-free polymer films in the food industry is expected to drive the antifog additives market growth. They are widely used in the production of food packaging and agricultural films. They are used to decrease the lower surface tension allowing thin layer of hot or cold fog on the film surface. The demand for packed food is increasing rapidly owing to the busy lifestyle and changes in consumer behavior regarding food consumption. However, government rules and regulations for plastic films production and consumption are anticipated to hinder market development.

  • 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.
  • In January 2018, Clariant Ag opened its new state-of-the-art masterbatch production site in Yanbu, Saudi Arabia. The site is owned by Clariant Masterbatches Saudi Arabia, a joint venture between Clariant and Rowad, a leading plastic products manufacturer in the Middle East and part of Tasnee, Saudi Arabia's second largest industrial company. The location provides the site easy access to key raw materials and enables it to supply customers in Saudi Arabia as well as expands their global network with a stronger position in the Middle East and Africa region, one of the important growth markets for plastic applications.

Key Inquiries Addressed in the Antifog Additives Market:

  1. What is the global market size for the Antifog Additives market?

  2. Which screen size is most preferred by Antifog Additives consumers?

  3. What distribution channel is preferred by Antifog Additives manufacturers?

  4. Which age group is the target for Antifog Additives manufacturers?

  5. What factors drive or hinder market growth, and how do these factors impact the market?

  6. How do regulations affect the growth of the Antifog Additives market?

  7. Which region or country leads in market growth?

  8. How will emerging Antifog Additives markets perform in the coming years, and how will consumption patterns evolve?

  9. Who are the major players in the global Antifog Additives market? What is their current market position? Who are the emerging players in this industry?


Created: 18/01/2024 08:10:49
Page views: 28
CREATE NEW PAGE