Anti-Static Fibres Market Industry Outlook, Growth Prospects and Key Opportunities 2015-2025
Anti-static agents are added into the polymer to reduce the build-up of static charges. The role of an antistatic agent is to make the material conductive. Problems such asdust pickup and electrical discharge are reduced or eliminated by using anti-static agent.Anti-static fibres are more durable, easy to dye, stain-resistant and lighter. In textiles, static electricity potential can be influenced by low material moisture content which generally occurs in fibres like polyester, acrylic, and nylon.The ultimate use of anti-static fibreis to make products static free and enable more safety and comfort for people using it.
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Segmentation of Anti-Static Fibres Market
On the basis of fibretype, theanti-staticfibresmarket is segmented as polyester, acrylic, metaramide, polyamide and polypropylene. Anti-staticfibresare used in a wide range of industrial, chemical, metallurgical, mineral and agricultural applications, where the process and dust tend to build static and where a potential ignition source is present. As of 2013, chemical and textile industries are predominant consumers in global anti-static fibres market and is estimated to maintain its dominance by 2020.Cleanroom clothing fabrics, protective apparel and work wear clothing are few other additional uses.Use of anti-static fibres provides a safer and more comfortable work environment than synthetic products, particularly in applications where static electricity is of particular concern, such as aircraft carpets, buildings with sensitive electronic equipment, fuel transfer facilities, etc.
The global anti-static fibres market continues to grow significantly due to growth in end user industry such as packaging and clothing. The global market for anti-static fibres is estimated to grow twofold by value, with a higher CAGR during the forecast period. In addition to this, rising consumption from emerging markets of India and China of Asia Pacific region is set to drive market growth, as there is more demand for lighter and high strength materials. However, availability of substitutes, government regulations and volatile raw material prices are major restraints for anti-static fibres market, as oil and gas industry are major raw material supplier for this market.
Regional Outlook on Anti-Static Fibres Market
Asia Pacific is the predominant anti-static fibres market followed by Latin America and Europe. India and China are major regional markets for anti-static fibres due to increasing consumption of end user industries. Moreover, Japan, Republic of Korea and Indonesia are other significant major consumers of anti-static fibres in Asia Pacific. Availability of economical workforce in developingeconomies such as South Africa is also attracting global players to set up manufacturing plants and research centres especially for chemical and textiles industries. Anti-static fibres have become more important in recent years with more sales of electronic components and increased demand for specialised packaging film.
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Anti-Static Fibres Market: Key Players
Some of the key players in the anti-static fibres market are Noble Biomaterials, Inc. W. L. Gore & Associates, Inc., Swicofil, Yantai Tayho Advanced materials Co Ltd, Akrilic Kimya Sanayii AS, Cytec Industries Inc., Tianyu Textile. Mergers and acquisitions, collaborations and new product launch are some of the strategies adopted by major market players. The opportunities in antistatic agents market are huge as major market players are continuously focusing on innovation and new product development.In future, increasing utilization of anti-static agents by end user industries is to propel the anti-static fibre market ahead.
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