Market Size of Anti-static Agents Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | < 5.00 % |
Fastest Growing Market | Asia Pacific |
Largest Market | Asia Pacific |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Anti-Static Agents Market Analysis
The global anti-static agents market is expected to grow at a CAGR of around5% during the forecast period. Anti-static agents are added to plastics to reduce or eliminate a static build-up. Building up static charges on the plastic surface hampers the processing procedures and can be an issue for hygiene and aesthetics, hence anti-static agents are used in plastics as additives.
- Issues of static build-up in plastics and the growing demand for plastics from various end-user industries such as packaging, automotive, electronics, and medical is expected to be the driving factor in the market studied.
- Stringent government regulations by the FDA revoking the use of certain anti-static agents in food containers is expected to significantly hinder the growth of the market studied.
- Ethoxylated fatty acid amines is the majorly used anti-static agent and is expected to dominate the global market through the forecast period.