Anti-Fog Additives Market to offer a healthy CAGR of 7.5% during 2020-25
February 14, 2020
Anti-Fog Additives Market Overview:
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.
Report Overview:
This new report from Stratview Research analyses the Anti-Fog Additives Market over the trend period from 2014 to 2019 and forecast period from 2020 to 2025. The insights of the report shall enable informed decision making and strategy formulation for the near future to capitalize on the opportunities.
Salient Features of the Report
The Research Report offers an in-depth view of the market, its health and growth, the factors shaping the industry, the competitive dynamics and a glimpse of the future.
The following are the key features of the report:
- Strategic segmentation
- Market analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Detailed Competitive Rivalry landscaping
- Market trend and forecast analysis
- Future Growth Boulevards
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Anti-Fog Additives Market Segment Insights:
Type: glycerol esters, polyglycerol esters and others
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.
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Application Type: food packaging films, agricultural films, and others
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.
A highly/moderately/fragment consolidated Market
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.
Region: North America dominates the anti-fog additives market
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.
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