Overview of the global antistatic agents market

Manufacturers use antistatic agents in various plastics to eliminate the static charges. This propels the demand for antistatic agents in the packaging industry. Research analysis on the global antistatic agents market identifies that the demand from the industrial packaging industry will be one of the major factors that will have a positive impact on the growth of the market. Technavio’s market research analysts predict that this market will grow at a CAGR of more than 5% during the forecast period. The packaging industry is experiencing growth due to the rising disposable income and the growing preference for user-friendly package handling from consumers. The strong awareness on the environmental issues and demographic changes will further drive the growth of the packaging industry. This will in turn, boost the adoption of antistatic agents, especially in rigid and flexible packaging.

One of the key trends that will gain traction in the global antistatic agents market throughout the estimated period is the application of antistatic agents in biopolymers. With the growing awareness on the impact of the usage of polymers on the environment, the coming years will witness the demand for biopolymers due to their biodegradability. This will increase the consumption of antistatic materials in various sectors such as the electronics, packaging, coating, and automotive industries.

Competitive landscape and key vendors

The antistatic agents market is fragmented due to the presence of both large and small vendors. These vendors are increasingly focusing on developing new antistatic agents exhibiting high performance for different applications. Additionally, the vendors are also entering the emerging markets either by adopting mergers and acquisitions or joint ventures and are coming up with better performance-based products to fulfill the growing demand from their end-users.

Key vendors in this market are -

• 3M
• Akzo Nobel
• BASF
• The Dow Chemical Company
• Evonik Industries

Other prominent vendors in the market include Ampacet, Arkema Group, Clariant, Croda International, Galata Chemicals, KLK OLEO, Kenrich Petrochemicals, LyondellBasell Industries Holdings, Mitsubishi Chemical Holdings, Safic-Alcan, SABO, Solvay, and Stepan.

Segmentation by application and analysis of the antistatic agents market

• Automotive
• Coating
• Industrial packaging
• Electronics

Antistatic agents are extensively used in the electronics industry to apply on plastics and eliminate the static charge developed during the functioning of the electronic device. The electronics industry is witnessing growth due to the rising consumption in emerging countries like India and ASEAN countries, which in turn, will boost the market segment’s growth in the forthcoming years. Furthermore, the emergence and adoption of new technology devices will also drive the demand for antistatic agents from the electronics industry.

Segmentation by geography and analysis of the antistatic agents market

• APAC
• Europe
• North America
• ROW

APAC contributed to the maximum shares during 2016 due to the adoption of new technologies and the rising disposable income in emerging countries. The demand for antistatic agents in the region will continue to increase during the projected period due to the increasing population, high consumption rate, and untapped markets. Moreover, the high customer base in emerging countries like China, India, Indonesia, Japan, South Korea, Taiwan, Malaysia, and Singapore will further drive the market’s growth in the region.

Key questions answered in the report include

• What will the antistatic agents market size and growth rate be in 2021?
• What are the key factors driving the global antistatic agents market?
• What are the key market trends impacting the growth of the global antistatic agents market?
• What are the challenges to market growth?
• Who are the key vendors in the global antistatic agents market?
• What are the market opportunities and threats faced by the vendors in the global antistatic agents market?
• What are the trending factors influencing the market shares of APAC, Europe, North America, and ROW?
• What are the key outcomes of the five forces analysis of the global antistatic agents market?