Market Synopsis
Antistatic agents are added
to polymers to prevent the build-up of static electricity and increase the
dielectric surface and volume conductivity in plastic materials. Static
build-up on plastic surfaces hampers processing and causes various issues such as
increased handling problems during transport, storage, and packaging, dust
attraction that affects both the quality and performance of the product, and
risk of electrical shock to consumers as well as employees in manufacturing
plants.
Global demand for antistatic
agents is increasing due to the widespread use of plastics in almost every
major end-use industry. The large-scale application of plastic in the packaging
industry is a major driver for the growth of the antistatic agent’s market.
Plastic is lightweight, corrosion resistance, chemically inert, durable, and
recyclable, resulting in manufacturers and consumers preferring it over metal
and wood. This, in turn, has led to an increased demand for antistatic agents
in the packaging industry. Plastic is used in electronics as it is
cost-effective and flexible, which is expected to fuel the demand for
antistatic agents. Additionally, some of these agents do not pose environmental
risks as they are biodegradable and non-hazardous when dissolved in water, which
is a driver for market growth. Furthermore, the increasing demand for
lightweight and fuel-efficient automobiles is driving the demand for antistatic
agents. The research and development of antistatic agents are expected to offer
lucrative opportunities in the pharmaceuticals sector. For example, in 2017,
Clariant announced a new amide/amine-free antistatic masterbatch concentrate
for polyurethane films used in pharmaceutical production. However, management
of electronic and packaging waste may hinder market growth during the forecast
period.
Global Key
Players
Ø BASF SE
Ø Evonik Industries
Ø Akzo Nobel
Ø Dupont, Clariant
Ø Solvay
Ø Noble Biomaterials
Ø 3M Electronics
Ø Mitsubishi Chemical Corporation
Ø Dow Chemical Company
Some of the key developments
observed in the market include agreements and acquisitions. For instance, in
2017, Clariant strengthened its collaboration with the biaxially-oriented
polypropylene (BOPP) manufacturer Gettel High-Tech Materials Co., Ltd in China
to promote the use of additives and liquid-feeding technology in the BOPP
industry. In another instance, in 2017, Croda International Plc acquired
IonPhase, an innovative technology supplier of static electricity protection
products, for approximately USD 28 million.
Industry/ Innovation/ Related News:
February 2,
2015 – Sanyo
Chemical Industries, Ltd. (Japan), one of the major producers of antistatic
agents, announced that the company has developed enduring anti-static agents
PELECTRON products that add superior performance to the final product. The
company has also added PELECTRON LMP-FS products and is utilized in films,
sheets due to their low-mould temperature. One of the sources of the company
declared that these products were developed to add extraordinary features such
as accident and explosion prevention, superior safety features, and others.
Moreover, these products are extensively used in numerous packaging materials,
inner bag of flexible containers, surface protection films for crystal, and
others. Therefore, these factors are projected to drive the market over the
assessment period due to unique exhibited by the product such as flexibility,
mechanical strength, durable nature, and others.
Regional
Analysis
The global antistatic agents
market has been analyzed with respect to five regions—Asia-Pacific, North
America, Europe, Latin America, and the Middle East & Africa. The market in
Asia-Pacific dominated the global market in 2017 due to an increase in the
demand for and production of automobiles in the region. Additionally, the
electronics industry in countries such as Japan, India, and China is expected
to propel product demand during the forecast period.
The North American market
accounted for the second-largest share in 2017 due to increased demand for
antistatic agents in the reviving automotive industry in the region. Also, the
electronics and military and aerospace industries in the region are fueling the
demand for antistatic agents.
The European market is likely
to see considerable growth owing to the high production and sales of automotive
parts in Western European countries such as UK, France, Germany, and Italy.
The Latin American market is
projected to grow at a significant rate due to the development of
growth-centric countries such as Argentina, Brazil, and Chile.
The market in the Middle East
& Africa is likely to grow substantially due to the growth of the textiles
and automotive industries in the region.
Segmental
Analysis
The global antistatic agents
market has been segmented by antistats, polymer type, end-use industry, and
region.
On the basis of antistats,
the global market has been segmented into ethoxylated fatty acid amines,
diethanolamides, glycerol monostearate, quaternary ammonium compounds,
alkylsulfonates, and others.
Based on polymer type, the
market has been segmented into PP, ABS, PE, PVC, PET, and others.
By end-use industry, the
market has been segmented into packaging, electronics, automotive, textile,
military, and others.
Intended
Audience
- Antistatic agent manufacturers
- Traders and distributors of
antistatic agents
- Production process industries
- Potential investors
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