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Clarifying Agents MarketTrends, Opportunities, Share, Key Segmentation, Regional Growth, Top Companies, and Forecast to 2027

06-25-2024 01:24 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: ABNewswire

Browse 303 market data Tables and 50 Figures spread through 242 Pages and in-depth TOC on "Clarifying Agents Market"

Browse 303 market data Tables and 50 Figures spread through 242 Pages and in-depth TOC on "Clarifying Agents Market"

The Clarifying Agents Market is growing due to increased use in the food, beverage, and polymer industries to enhance product clarity and quality. Asia-Pacific is the fastest-growing region, fueled by expanding industrial sectors.
The global clarifying agents market [https://www.marketsandmarkets.com/Market-Reports/clarifying-agents-market-15165588.html] is projected to reach USD 338 million by 2027, at a CAGR of 7.5% from USD 235 million in 2022. The high demand for polymers and the need to achieve higher production rates and enhanced esthetics of products are expected to fuel the demand for clarifying agents.

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Based on form, the clarifying agents market has been segmented into, namely, powder, granule and liquid. Powder form hold the major market share, in terms of value and volume, during the forecast period. Powder clarifying agents are in the form of small particles that offer large surface area and reduce difficulties while compounding with other chemicals and polymers. Powder form clarifying agents are capable of acheiveing smooth texture on product surfaces. Powder clarifying agents are also easily dispersed on surfaces of final products along with slower migration compared to liquid.

Based on polymer, the clarifying agents [https://www.marketsandmarkets.com/Market-Reports/clarifying-agents-market-15165588.html] market has been segmented into polypropylene (PP), polyethylene (PE), polyethylene terephthalate (PET), and others. Polypropylene accounted for largest share in terms of value & volume, of the global market in 2021. The three types of thermoplastic polymers are homopolymers, block copolymers, and random copolymers. Clarifying agents are used in polypropylene to provide transparency and enrich various physical properties, such as increased crystallization temperature and impact resistance.

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Packaging, consumer goods, electronics, and others were identified as major applications for clarifying agents market. In 2021, packaging segment accounted for the largest segment having the highest market share, in terms of value and volume, followed by consumer products and electronics. Packaging is one of the key applications of the clarifying agents market. It includes food & beverage packaging, which is used for packaging water and carbonated soft drinks.

The market for clarifying agents is segmented into Europe, North America, Asia Pacific, Middle East & Africa, and South America based on region. Currently, Europe and North America are the major markets for clarifying agents due to increased demand for packaged food & beverages in the region. The clarifying agents market in the Asia Pacific region is projected to have the highest CAGR supported by the presence of key companies, such as ADEKA Corporation (Japan), New Japan Chemical Co., Ltd. (Japan), GCH Technology Co., Ltd. (China) and others.

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About MarketsandMarkets Trademark

MarketsandMarkets Trademark has been recognized as one of America's best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets Trademark is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore Trademark (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

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