Anti-Fog Additives Market to experience an impressive growth of 7.5% during 2020-2025

Anti-Fog Additives Market to experience an impressive growth of 7.5% during 2020-2025

January 31, 2020

Anti-Fog Additives Market is projected to grow at an impressive CAGR of 7.5% during the forecast period. Increasing demand for packaged food products, owing to rapid urbanization and changing lifestyle is primarily driving the demand for anti-fog additive films in the food packaging and agriculture applications. However, stringent regulation standards from the governing bodies, such as USFDA, concerning the usage of plastics and environment-friendly practices in the food packaging industry may hamper the growth of the anti-fog additives market.

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Anti-Fog Additives Market Segment Insights:

By Type:

Based on the type, the market is segmented as 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 segment dominates the anti-fog additives market, driven by its lower cost and higher usage in food packaging films, followed by polyglycerol esters and sorbitan esters.  The glycerol esters segment is likely to maintain its dominance over the next five years as well.

By Application Type

Based on the application type, the market is segmented as food packaging films, agricultural films, and others. The food packaging films application dominates the global anti-fog additives market and is likely to maintain its dominance over the next five years as well. This application segment is also expected to witness the highest growth during the forecast period. Rapid urbanization in the emerging economies, such as China, India, and Brazil; an increasing participation of the fairer sex at the workplace; and changing lifestyle of consumers, are the major factors driving the demand for packaged foods, which is translating an increased demand for anti-fog additives for these applications.     

Agricultural advancements and increasing demand for high-quality crops have triggered-off the evolution of controlled farming activities, which are expected to increase the requirements of anti-fog additive-based films. Further, the growing demand for crops, due to a continuous surge in the global population, is likely to fuel the growth of the anti-fog additives market in the agricultural application.

By Region:

In terms of regions, North America dominates the anti-fog additives market and is expected to remain the largest market during the forecast period. The dominance of North America in the anti-fog additives market is mainly attributed to a host of factors including an increasing demand for anti-fog films from the food packaging and agricultural sectors, growing awareness about health and safety, and stringent regulations from governing bodies.

Asia-Pacific is likely to witness the highest growth during the forecast period, owing to an increased demand from the emerging economies, such as China and India, mainly due to the rapid urbanization, changing lifestyle of consumers, and increased women’s participation at workplace leading to a surge in demand for packaged foods.

Key Players:

Some of the major players in the anti-fog additives market are Akzo Nobel N.V., Croda International PLC., Clariant AG, Evonik Industries AG, Ashland Inc., E. I. Dupont De Nemours and Company, A. Schulman, Inc., PolyOne Corporation, Corbion N.V., and PCC Chemax Inc.  New product development, regional expansions, and strategic collaborations are some of the key strategies adopted by the major players to gain a competitive edge in the market.

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Features of the Report

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.

Based on the research, a proper report is crafted with the following key features:

  • Market structure: Overview, industry life cycle analysis, supply chain analysis
  • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
  • Market trend and forecast analysis
  • Market segment trend and forecast
  • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
  • Attractive market segments and associated growth opportunities
  • Emerging trends
  • Strategic growth opportunities for the existing and new players
  • Key success factors 

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