logo
logo
Sign in

Antistatic Agents Market Worth $594 Million By 2024 | Covid-19 Analysis

avatar
Abhijeet W
Antistatic Agents Market Worth $594 Million By 2024 | Covid-19 Analysis

MarketsandMarkets forecasts the antistatic agents market to grow from USD 437 million to USD 594 million by 2024, at a CAGR of 6.3% from 2019 to 2024. The growth of this market can be attributed to the increasing demand for antistatic agents from the packaging, electronics, and textiles industries. Rising population, ongoing urbanization, and increasing disposable income of the middle-class population are the main factors that have led to the growth of packaging, electronics, and textiles industries across the globe. This, in turn, is expected to drive the growth of the antistatic agents market, worldwide.

♦ Download PDF Brochure - https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=163457499

Based on form, the liquid segment is projected to lead the antistatic agents market during the forecast period, in terms of value

The liquid segment is estimated to account for the largest share of the antistatic agents market in 2019, in terms of value. Liquid antistatic agents have a higher tendency to migrate over the material surfaces as compared to other forms of antistatic agents. These agents are used mainly in spraying and efficient dyeing applications. The application of liquid antistatic agents results in non-sticky surfaces and effective antistatic properties, which improve the weaving operations in the textiles industry. These ionic liquids can be transparent or translucent and as such, do not hamper the optical properties of the final products.

By end-use industry, the packaging industry is expected to lead the antistatic agents market during the forecast period

Major end-use industries in the antistatic agents market include packaging, electronics, automotive, textile, and others. The demand for plastics and resins from the packaging industry is growing at a rapid pace. Antistatic agents are one of the major functional agents used in the plastic industry for processing of plastic resins. Major challenges faced by manufacturers of antistatic agents include efficient management of wastes and disposables that are generated by packaging and electronics industries.

♦ Request Free Sample Report – https://www.marketsandmarkets.com/requestsampleNew.asp?id=163457499

Asia Pacific is expected to hold the largest share of the antistatic agents market during the forecast period.

The Asia Pacific region is estimated to account for the largest share of the antistatic agents market in 2019 in terms of value and volume, followed by the European and North American regions. China is one of the major consumers of antistatic agents in the Asia Pacific region. Improving lifestyle of the population, increasing investments in the packaging industry, and flourishing electronics, automotive, and textiles industries in Asia Pacific are fuelling the demand for antistatic agents in the region, thereby contributing to the growth of the Asia Pacific antistatic agents market.

Contact -
Mr. Aashish Mehra
MarketsandMarkets™ INC.

630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : +1-888-600-6441
Email: [email protected]
Visit Our Website: 
https://www.marketsandmarkets.com/

collect
0
avatar
Abhijeet W
guide
Zupyak is the world’s largest content marketing community, with over 400 000 members and 3 million articles. Explore and get your content discovered.
Read more