Antifog Additives Market Size, Analysis by Industry Perspective, Comprehensive Analysis, Growth and Forecast 2023-2031

The global antifog additives market size was US$ 397.2 million in 2021. The global antifog additives market size is estimated to reach US$ 595.3 million by 2030, growing at a compound annual growth rate (CAGR) of 4.6% during the forecast period from 2022 to 2030.

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Antifog additives are natural combinations that help stop the formation of water droplets on the surface of the plastic and lower the surface tension of water. They are broadly employed in the food and beverage industry to devastate the formation of fogging. It is generally used in the production of polymer films to induce antifogging effects in them. It has a vast range of applications in different end-use sectors like food and packing, agriculture, the plastic industry, glass, automobile, and others.

Factors Affecting Market Growth

The increase in government initiation, population, and investment in this industry, and the growing focus on the agriculture sector drive the growth of the global market.
Antifog additives are primarily used in greenhouses as films, which enhance light transfer, lower the development of fog, and benefit crop manufacturing by holding suitable conditions. This is expected to boost the growth of the global market.
The lack of norms and protocols and the lack of qualified labor is anticipated to limit the growth of the global market.
The whole development of the automobile sector and stress about passenger safety have increased the need for antifog additives in the automobile sector. These factors drive the growth of the global market.

Impact on COVID-19 Analysis

COVID-19 had a negative impact on the growth of the global market, due to the increase in cases of COVID-19, the execution of emergency protocols, and the limitations of different processes and facilities during 2020. Owing to the spread of COVID-19, manufacturers faced challenges in terms of supply chain and function due to government rules during the shutdown. Thus, hindering the growth of the global market.

Regional Analysis

The Asia-Pacific is expected to grow at the highest CAGR in 2021, and hold the highest market share, due to the growth in the packaging sector, which helps the development of plastic additives in the region. China holds the second-highest growth in the APAC region, due to the increase of customized packaging in the food component, along with rising exports, which has guided them to improve the manufacturing powers of antifog additives films.

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Leading Competitors

The prominent players in the global antifog additives market are:
PCC Chemax Inc.
Merk KGaA
Lipotype
Evonik Industries
Emery Oleochemicals
Eastman Chemical Company
Foreverest Resources
Clariant AG
ChemPoint
Ashland Global Holdings Inc.
Others

Segmentation Analysis

The global antifog additives market segmentation focuses on Type, Application, and Region.

Segmentation on the basis of Type
Glycerol Monooleate
Sorbitan Ester
Glycerol Ester
Polyglycerol Ester
Others

Segmentation on the basis of Application
Agriculture
Food Packaging

Segmentation on the basis of Region
North America
The U.S.
Canada
Mexico
Europe

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Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America

Key questions answered in the global market report are:

-- How does a global company acquire markets?
-- What are its core strategies and policies?
-- What factors will influence the market over the forecast period?
-- What are the factors driving and restraining the market?
-- What are the leading competitors in the global market?
-- Which region is growing at a higher pace in the global market?

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This release was published on openPR.