Press release
Anti-fog Additives Market Growth Driven by E-commerce and Changing Consumer Preferences.
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Anti-fog Additives Market- (By Type (Glycerol Esters, Polyglycerol Esters, Sorbitan Esters of Fatty Acids, Ethoxylated Sorbitan Esters, Polyoxyethylene Esters of Oleic Acid, Gelatin, Titanium Dioxide Others), Application (Food Packaging Films, Agricultural Films)), Trends, Industry Competition Analysis, Revenue and Forecast To 2031."According to the latest research by InsightAce Analytic, the Global Anti-fog Additives Market is valued at US$ 348.29 Mn in 2022, and it is expected to reach US$ 496.04 Mn by 2031, with a CAGR of 4.2% during a forecast period of 2023-2031.
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Anti-fog additives, often non-ionic surfactants, can prevent fogging in plastic films and sheets. Condensed water from the air forms tiny droplets that form fog. Fog is formed when a difference in temperature, humidity, or surface tension causes vapours to condense on the surface. Anti-fog chemicals can be applied to the surface of films and sheets to prevent fogging.
Growing urbanization is a key factor driving the expansion of the industry, as the rising urban population has a greater need for food and drink products. As a result, there are tremendous opportunities for the producers of polymer additives like antioxidants and anti-fog agents to increase their share of the expanding food and beverage market. The fogging agent, commonly used to eliminate the film of condensation on food packaging, is responsible for this. In the last few years, flexible packaging has expanded astoundingly.
However, food and drink e-commerce has stimulated the packaging industry, increasing demand for anti-fog additives. New and established producers of anti-fog additives are capitalizing on many opportunities brought about by the proliferation of food courts, internet shopping sites, food marts, and supermarkets. However, Government rules and rigorous regulations on the usage of plastic films are expected to restrain the expansion of the industry. This is because polymer films are slow to decompose and might cause damage to the environment.
List of Prominent Players in the Anti-fog Additives Market:
• Clariant AG
• AkzoNobel N.V.
• Ashland Inc.
• Croda International PLC
• Evonik Industries
• PolyOne Corporation
• Schulman, Inc.
• DuPont
• Addcomp Holland
• Emery Oleochemicals
• Palsgaard
• Polyvel Inc.
• Ampacet Corporation
• Sabo S.p.A
• Lifeline Technologies
• Fine Organics
• Nouryon
• Corbion N.V.
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Market Dynamics:
Drivers-
The growing demand for anti-fog additives is fueled by because of people's hectic schedules and new eating habits, and demand for pre-packaged meals skyrocketed. The need for packing materials skyrocketed as a result. Consumers prefer to buy food online to save time and keep social distance after the tremendous hit of the COVID-19 epidemic, which has contributed to the rise of the e-commerce industry. As a result of this convergence of forces, analysts predict growth in the global market.
Challenges:
The prime challenge is strict regulations, a shortage of competent individuals and a lack of norms and protocol because of lockdowns and isolation in emerging countries, which is predicted to slow the growth of the anti-fog additives market. However, a shortage of trained workers and a lack of established procedures are anticipated to hinder the market's expansion. Anti-fog chemicals are used in the food and beverage business, but strict government laws and regulations have stifled market expansion. The need for anti-fog chemicals may suffer if these things occur.
Regional Trends:
The Asia Pacific anti-fog additives market is anticipated to register a signficant market share in revenue. It is projected to grow at a high CAGR in the near future due to technological advancements and affluence. Consumers also got more informed once the pandemic struck and began purchasing food items from online marketplaces. Market expansion in Asia Pacific is expected to be bolstered by the presence of prominent regional manufacturers over the projected period.
Besides, Europe had a considerabel share in the market because of rising interest in pre-packaged foods as a result of our more hectic modern lifestyles. Another factor driving up demand for anti-fog ingredients is the region's abundance of packaged food producers. Moreover, the existance of key market players and the growing cooperation between major players for market penetration in the area enables an opportunity to grow the global anti-fog additives market.
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Recent Developments:
• In July 2023, Croda collaborated with the universities of Nottingham and York to develop environmentally friendly polymers. This new partnership, funded by an ESPRC Prosperity Partnership, drew together experts from industry and academia to conduct new research, combining their knowledge with Croda's unmatched understanding of product performance and market requirements.
• In July 2020, PolyOne Corporation successfully finalised the acquisition of the colour masterbatch divisions of Clariant and Clariant Chemicals India Ltd. Additionally, it should be noted that PolyOne has just undergone a name change and is now officially known as Avient.
Segmentation of Antifog Additives Market-
By Type -
• Glycerol Esters
• Polyglycerol Esters
• Sorbitan Esters of Fatty Acids
• Ethoxylated Sorbitan Esters
• Polyoxyethylene Esters of Oleic Acid
• Gelatin
• Titanium Dioxide
• Others
By Application -
• Food Packaging Films
• Agricultural Films
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• Southeast Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of the Middle East and Africa
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About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.
Contact us:
InsightAce Analytic Pvt. Ltd.
Visit: www.insightaceanalytic.com
Tel : +1 551 226 6109
Asia: +91 79 72967118
info@insightaceanalytic.com
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