According to the latest report by IMARC Group, titled, “Antistatic Agents Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027“, The global antistatic agents market size reached US$ 454.4 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 658 Million by 2027, exhibiting a growth rate (CAGR) of 6.8% during 2022-2027.
Antistatic agents are additives that minimize the tendency of surfaces to accumulate electrostatic charge. They assist in reducing the occurrence of sparks, which can result in material loss and contamination and accelerates the decomposition of the material. They are widely applied as coatings on acrylic sheets, plastic films, phonograph records, digital records tapes, textiles, and paper products. In addition, they are used in the process of low-pressure polymerization of olefins to avoid electrostatic charging of the forming particles. At present, antistatic agents are employed in the packaging, electronics, automotive, and textile industries across the globe.
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Antistatic Agents Market Trends and Drivers:
Presently, metals are being replaced with plastic in electronic components due to their high flexibility and lightweight. As a result, there is a rise in the sales of antistatic agents to reduce the attraction, cohesion, and adhesive properties of plastics on account of their high ionic content and low toxicity. In addition, the flourishing packaging industry and increasing demand for antistatic agents in industrial and retail sectors is propelling the market growth. Furthermore, antistatic agents are used in textiles to minimize the charging of fabrics that can cause fire hazards. This, in confluence with the introduction of liquid antistatic agents that are compatible with a wide range of temperatures, is strengthening the market growth.
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
- 3M Company
- Akzo Nobel N.V.
- Arkema S.A.
- BASF SE
- Clariant AG
- Croda International Plc
- Dow Chemical Company
- Evonik Industries AG (RAG-Stiftung)
- Kao Corporation
- Mitsubishi Chemical Corporation
- Polyone Corporation.
Antistatic Agents Market Report 2022-2027 Competitive Analysis and Segmentation:
The report has segmented the market based on form, product, polymer type and end use industry.
Breakup by Form:
- Liquid
- Powder
- Pellets
- Microbeads
Breakup by Product:
- Ethoxylated Fatty Acid Amines
- Glycerol Monostearate
- Diethanolamides
- Others
Breakup by Polymer Type:
- Polypropylene (PP)
- Acrylonitrile Butadiene Styrene (ABS)
- Polyethylene (PE)
- Polyvinyl Chloride (PVC)
- Others
Breakup by End Use Industry:
- Packaging
- Electronics
- Automotive
- Textiles
- Others
Breakup by Region:
- North America
- Asia-Pacific
- Europe
- Latin America
- Middle East and Africa
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