Global Antifog Additives market value was estimated at 335 (USD Million) in 2019 and is projected to hit 417 (USD Million) by 2025 growing at a CAGR of nearly 4.4% during the period from 2019 to 2025.
New York, United States - October 22, 2020 /MarketersMedia/ —
According to Zion Market Research, the global antifog additives market is forecasted to surge from USD 335 million to USD 417 million from 2019 to 2025, developing at a CAGR of 4.4% during the estimated time. Fogging is the process of condensation of water vapor on the exterior of the covering material through small discrete droplets. The antifog additives are helpful for avoiding the creation of fog in plastic films, which are generally seen in food packaging and agricultural applications. The rising demand for antifog films from end users such as agriculture and food packaging is fueling the development of the market worldwide. The mounting demand for packaged food from budding economies serves as an opportunity for the development of the global antifog additives market.
Some of the key players of the global antifog additives market are Nouryon, Clariant AG, Croda International Plc., PolyOne Corporation, A. Schulman, DuPont, Evonik Industries, Corbion N.V., and Ashland Inc.
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Cost-Effective Production Of Additives To Spur Global Antifog Additives Market
The global antifog additives market is a mounting market directed by the surged growth in food packaging and processing industries. North America dominates the market succeeded by Asia-Pacific and Europe owing to the planned developments like increased R&D activities and product launch in the emerging countries. The major aspect that impels the anti-fog additives market is the economical production of the additives and surged demand by the food & packaging industry. Nevertheless, factors like strict administration regulations and environmental issues regarding plastic use are anticipated to hold back the market development during the forecasted period.
The global antifog additives market is divided based on type, applications, and region. Based on the applications, the market is segmented in food packaging, agricultural films, and others (coating films for goggles, helmets, mirrors). Based on the type the market is categorized into glycerol esters, sorbitan esters of fatty acids, polyglycerol ester, polyoxyethylene esters of oleic acid, ethoxylated sorbitan esters, gelatin, and titanium dioxide.
The Asia Pacific Region Projected Witness Growth In The Global Antifog Additives Market
Based on the geographical examination, the global antifog additives market is classified into North America, Asia Pacific, Latin America, Europe, and Middle East & Africa. The Asia Pacific region is expected to report the highest CAGR with reference to value and volume in the forecasted period. India, China, Japan, and South Korea are leading countries contributing to the surged demand for antifog additives across this region. The rising presence of major market players across this region has resulted in novelty and development in the field of antifog films, in particular, China and India.
The global antifog additives market is segmented as follows:
Based on the application:
Agricultural Films
Food Packaging
Others (coating films for goggles, helmets, mirrors)
Based on type:
Glycerol Esters
Ethoxylated Sorbitan Esters
Polyoxyethylene esters of oleic acid
Polyglycerol Ester
Sorbitan Esters of fatty acids
Gelatin
Titanium Dioxide
By Region
North America
The U.S.
Canada
Europe
France
The UK
Spain
Germany
Italy
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
Southeast Asia
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
GCC
South Africa
Rest of Middle East & Africa
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