The antifog additives market is projected to grow from USD 335 million in 2019 to USD 417 million by 2024, at a CAGR of 4.4% from 2019 to 2024. Surging demand for antifog films from the end use industries such as food packaging and agriculture is fueling the growth of the market across the globe. Increasing demand for packaged food from emerging economies acts as an opportunity for the growth of the antifog additives market, worldwide.
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Based on application, the food packaging segment of the antifog additives market is projected to grow at the highest CAGR in terms of both value and volume from 2019 to 2024.
Based on application, the food packaging segment of the market is projected to grow at the highest CAGR during the forecast period in terms of both value and volume. Antifog additives are primarily used in the production of polymer films to induce antifogging property in them, which are further used in the packaging of food items such as vegetables, fruits, breads, among others.
Based on type, the glycerol ester segment of the antifog additives market is projected to grow at a higher CAGR from 2019 to 2024 in terms of both value and volume.
Based on type, the antifog additives market has been segmented into glycerol esters, polyglycerol esters, sorbitan esters of fatty acids, ethoxylated sorbitan esters, polyoxyethylene esters of oleic acid, gelatin, titanium dioxide, and others. The glycerol esters type segment is projected to lead the market during the forecast period in terms of both value and volume. Glycerol ester type antifog additives have the largest market share in the global antifog additives market, followed by polyglycerol and sorbitan esters. The demand for glycerol ester antifog additives will continue to rise as these are safe to use in the food packaging films application and are cheaply available.
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Key Market Players
Nouryon (Netherlands), Croda International Plc. (U.K.), Clariant AG (Switzerland), A. Schulman (U.S.), PolyOne Corporation (U.S.), Evonik Industries (Germany), DuPont (U.S.), Ashland Inc. (U.S.) and Corbion N.V. (Netherlands) are some of the leading players operating in the antifog additives market. These players have adopted the strategies of expansions, new product developments, acquisitions, and investments to enhance their position in the market.
Latest Antifog Additives Market Report published by Value Market Research, it provides a comprehensive market analysis which includes market size, share, value, growth, trends during forecast period 2020-2027 along with strategic development of the key player with their market share.
Further, the market has been bifurcated into sub-segments with regional and country market with in-depth analysis.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the antifog additives market include Nouryon, Croda International Plc.,Clariant AG, A. Schulman, PolyOne Corporation, Evonik Industries, DuPont, Ashland Inc. and Corbion N.V..
This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Antifog Additives Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/antifog-additives-market/download-sampleMarket DynamicsThe soaring demand for packaged food and beverage products is the key driving factor of the anti-fog additives market.
Furthermore, the effective production cost of anti-fog additives fuels the growth aspect.
Regardless, environmental issues and strict government rules with respect to the use of plastic are anticipated to restrict the market growth of antifog additives globally.
The latest report published by Profshare Market Research projects that Antifog Additives Market is expected to show impressive CAGR between 2019-27.
The report includes market analysis on global as well country specific level.
Historical data analysis from 2015 to 2019 is very important to forecast market for 2019 to 2027.The report uses value chain analysis for each of the product segments.
Secondary research included the research of the annual and financial reports of the top manufacturers; whereas, primary research included key opinions of leaders and industry experts.
The percentage splits, market shares, growth rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.Research report includes the extensive use of primary and secondary data sources.
Research process focuses on multiple factors affecting the industry such as competitive landscape, government policy, historical data, market current position, Antifog Additives Market trends, upcoming technologies & innovations as well as risks, rewards, opportunities and challenges.
