The global anti-fog additives market is expected to reach USD
2.21 billion by 2024, according to a new report by Grand View Research, Inc.
Increasing demand for functional and packaged foods, primarily in China, India,
Brazil and Thailand, Singapore and Vietnam, is likely to augment market
expansion. New applications for these additives in architectural structures
such as greenhouses and skylights will create immense industry potential in the
near future.
Growing product demand in master
batches for manufacturing polymers namely LDPE, LLDPE, EVA, and PVC as they
offer a higher level of durability and performance will propel industry size
over the forecast period. The growing demand for high-quality and efficient
optical products is likely to impact market growth positively over the next
eight years. Growing preference for biodegradable food packaging and
agricultural films will open new market avenues over the next few years.
Sorbitan esters will witness
significant growth at a CAGR of 7.0% in terms of revenue owing to its growing
consumption in LDPE, LLDPE, PVC, and EVA films for food packaging and
agricultural applications, as they have anti-fog, anti-static, and dispersion
properties.
Browse full research report on Anti-Fog Additives Market: http://www.grandviewresearch.com/industry-analysis/anti-fog-additives-market
Further key findings from
the report suggest:
- The global anti-fog additives market demand was 310.5
kilo tons in 2015 and is expected to reach 526.6 kilo tons by 2024,
growing at a CAGR of 6.1% from 2016 to 2024
- Agricultural films accounted for 28.2% of the global
volume in 2015 and will witness substantial growth on account of rising
government spending along with increasing requirement of high-quality
crops. Also, agricultural films exhibit high durability, thermal
resistance, and tensile strength which helps in extending the shelf life
of agricultural products. This factor, in turn, is expected to augment
demand for anti-fog additives over the forecast period.
- Asia Pacific will witness tremendous gains at a CAGR
of 6.7% in terms of volume on account of growing demand for processed
food. Developments in the food processing sector including preservation
technologies including cold storage, and climate control storage are
expected to augment growth.
- MEA is expected to witness a significant increase in
demand for anti-fog additive owing to growing demand for packaged food in
light of the expansion of retail food outlets and new product launches.
Demand for the product is expected to reach 46.5 kilo tons by 2024.
- Major market participants include A. Schulman, Inc.,
AkzoNobel N.V, Croda International PLC, Evonik Industries AG, PCC Chemax
Inc., Fine Organics, Palsgaard, Polyvel Inc., PolyOne Corporation, and
Ampacet Corporation. Product innovation by key market players to improve
the durability and long-term performance of their products over a wide
range of temperatures is likely to propel demand for the product. Various
companies including AkzoNobel N.V., Ampacet Corporation, and Croda International
PLC are focusing on creating multifunctional products that provide
anti-static and dispersion properties along with the anti-fogging function
to gain industry share.
Browse more reports of this category by Grand View
Research: http://www.grandviewresearch.com/industry/specialty-and-fine-chemicals
Grand View Research has segmented the global anti-fog
additives market on the basis of product, application and region:
Product Outlook (Volume, Kilo Tons; Revenue, USD Million,
2013 - 2024)
- Glycerol
esters
- Ethoxylated
sorbitan esters
- Polyglycerol
esters
- Sorbitan
esters
- Polyoxyethylene
esters
- Others
Application Outlook (Volume, Kilo Tons; Revenue, USD
Million, 2013 - 2024)
- Agricultural
films
- Food
packaging films
- Others
Regional Outlook (Volume, Kilo Tons; Revenue, USD
Million, 2013 - 2024)
- North
America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Russia
- Asia
Pacific
- China
- India
- Japan
- Latin
America
- Brazil
- MEA
About Grand View Research
Grand View Research, Inc. is a
U.S. based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides
syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, we offer market
intelligence studies ensuring relevant and fact-based research across a range
of industries, from technology to chemicals, materials and healthcare.
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