[151 Pages Report] The antistatic agents market is projected to reach USD 631.2 million by 2021, at a CAGR of 5.3% between 2016 and 2021. Antistatic agents are added to polymers in order to remove or reduce the static charge that has accumulated over their surface. These agents function by reducing the generation of the electric charge or by increasing the rate of charge dissipation, or both. Antistatic agents are divided into external and internal agents, based on their applicability. Internal antistatic agents are directly incorporated into the material, whereas, external antistatic agents are applied over the surface of materials.
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Key market players covered in this report include 3M (U.S.), BASF SE (Germany), Akzo Nobel N.V. (Netherlands), DuPont (U.S.), Croda International Plc. (U.K.), A. Schulman, Inc. (U.S.), Arkema (France), Evonik Industries AG (Germany), and Solvay S.A. (Belgium).
Drivers
Increasing demand for antistatic agents from end-use industries
Growth and development of green antistatic agents
Restraints
Stringent rules & regulations related to food & beverage packaging films
Volatility of raw material prices
Opportunities
New product innovations and developments
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Ethoxylated fatty acid amines segment is projected to lead the antistatic agents market, by product type during the forecast period
The ethoxylated fatty acid amines segment is estimated to account for about one-third of the antistatic agents market in 2016, in terms of value; this segment is anticipated to grow at the highest CAGR during the forecast period. In comparison to other types of antistatic agents, ethoxylated fatty acid amines offer high processing stability and superior performance benefits, which make them one of the most preferred antistatic agents utilized in the packaging industry.
Polypropylene polymer type segment to lead the antistatic agents market during the forecast period
The polypropylene polymer type segment is estimated to account for the largest share of the antistatic agents market in 2016. Major properties of polypropylene include high melting point, water resistance, low electrical conductivity, good chemical & fatigue resistance, good hinge property, and flexibility. Hence, polypropylene (PP) is widely used in rigid packaging, flexible packaging, and BOPP films manufacturing.
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