The global antistatic agents market size was valued at USD 485 million in 2021 and is poised to grow at a significant CAGR of 9.1% during the forecast period 2022-28. Antistatic agents are chemical reagents that are applied to polymers in order to reduce static build-up in plastics. External and internal antistatic agents are the two types of antistatic agents. Internal agents are blended and incorporated into the plastic matrix, whereas external agents are sprayed and coated over plastic items. Fatty acid esters, ethoxylated amines, glycerol monostearate, diethanolamides, alkyl sulfonates, alkyl phosphates, and other antistatic compounds are some of the most often utilised. These agents come in liquids, pellets, powder, and microbeads, and are extensively employed in the production of automobile components and packaging made of polystyrene, polyvinyl chloride (PVC), and polyethylene terephthalate (PET).
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Antistatic compounds are in high demand from numerous end-use sectors such as packaging, technology, textiles, automotive, and others to remove or reduce static charge accumulation that impedes various operations. Globally, rising population, continued urbanisation, and rising middle-class disposable income have all contributed to the rise of the food processing and packaging industries. Furthermore, the organised retail sector is thriving globally, thanks to the growth of supermarkets and convenience stores, which has raised demand for branded & packaged foods. This, in turn, is stimulating the expansion of the food packaging industry, which in turn is driving up demand for antistatic compounds.
The global antistatic agents market segmentation:
1) By Form: Powder, Liquid and Others.
2) By Product: Glycerol Monostearate, Ethoxylated Fatty Acid Amines, Diethanolamine and Others.
3) By Polymer: Polypropylene (PP), Acrylonitrile Butadiene Styrene (ABS), Polyethylene (PE), Polyvinyl Chloride (PVC) and Others.
4) By Application: Electronics, Industrial packaging, Coating of windows, Gaming, Military jet fuel, Digital Signage and Others.
In terms of value and volume, the Asia Pacific region is expected to hold the greatest share of the Antistatic Agents Market in 2019, followed by Europe and North America. China is one of the largest consumers of antistatic compounds in the Asia Pacific area. Improved population lifestyles, increased investments in the packaging industry, and thriving electronics, automotive, as well as textiles industries in Asia Pacific are all driving demand for antistatic agents in the region, adding to the Asia Pacific Antistatic Agents Market's growth.
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There are several industry players working in the Antistatic Agents Market, which include BASF SE, Nouryon, DowDuPont, Clariant, Croda International PLC, Arkema, Evonik Industries AG
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