Anti-Fog Additives Market likely to grow at an impressive CAGR of 7.5% by 2025, as estimated by Stratview Research
Not only the report offers the market size but also details about the market segmentation with its share. Stratview Research also extends its research to offer a forecast of the market during the period of 2020 – 2025, to provide the clients with base knowledge of the market and make strategies to have beneficial results ahead.
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Anti-Fog Additives are compounds that are responsible for reducing the surface tension when two liquids or a liquid with a solid substance comes into contact. Such compounds are used on plastic sheets for different purposes such as keeping items fresh.
Anti-Fog Additives can be of different types such as glycerol esters, sorbitan esters, polyoxyethylene esters, gelatin, and many others. Agricultural films, food packaging films, and similar others are some of the application areas where such additives are used.
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
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Based on the type, the market is segmented as 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 segment dominates the anti-fog additives market, driven by its lower cost and higher usage in food packaging films, followed by polyglycerol esters and sorbitan esters. The glycerol esters segment is likely to maintain its dominance over the next five years as well.
Based on the application type, the market is segmented as food packaging films, agricultural films, and others. The food packaging films application dominates the global anti-fog additives market and is likely to maintain its dominance over the next five years as well. This application segment is also expected to witness the highest growth during the forecast period. Rapid urbanization in the emerging economies, such as China, India, and Brazil; an increasing participation of the fairer sex at the workplace; and changing lifestyle of consumers, are the major factors driving the demand for packaged foods, which is translating an increased demand for anti-fog additives for these applications.
Agricultural advancements and increasing demand for high-quality crops have triggered-off the evolution of controlled farming activities, which are expected to increase the requirements of anti-fog additive-based films. Further, the growing demand for crops, due to a continuous surge in the global population, is likely to fuel the growth of the anti-fog additives market in the agricultural application.
In terms of regions, North America dominates the anti-fog additives market and is expected to remain the largest market during the forecast period. The dominance of North America in the anti-fog additives market is mainly attributed to a host of factors including an increasing demand for anti-fog films from the food packaging and agricultural sectors, growing awareness about health and safety, and stringent regulations from governing bodies.
Asia-Pacific is likely to witness the highest growth during the forecast period, owing to an increased demand from the emerging economies, such as China and India, mainly due to the rapid urbanization, changing lifestyle of consumers, and increased women’s participation at workplace leading to a surge in demand for packaged foods.
Check out the Table of Contents here:
Highlights of the Report:
Anti-Fog Additives Market is projected to grow at an impressive CAGR of 7.5% during the forecast period. Increasing demand for packaged food products, owing to rapid urbanization and changing lifestyle is primarily driving the demand for anti-fog additive films in the food packaging and agriculture applications. However, stringent regulation standards from the governing bodies, such as USFDA, concerning the usage of plastics and environment-friendly practices in the food packaging industry may hamper the growth of the anti-fog additives market.
Some of the major players in the anti-fog additives market are Akzo Nobel N.V., Croda International PLC., Clariant AG, Evonik Industries AG, Ashland Inc., E. I. Dupont De Nemours and Company, A. Schulman, Inc., PolyOne Corporation, Corbion N.V., and PCC Chemax Inc. New product development, regional expansions, and strategic collaborations are some of the key strategies adopted by the major players to gain a competitive edge in the market.
Features of the Report
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.
The Anti-Fog Additives Market analysis report discusses the following heads in great detail:
• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors
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