Market Size of Antiblock Additive 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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Antiblock Additive Market Analysis
The market for antiblock additives is expected to register a CAGR of more than 5%, globally, during the forecast period. Antiblock additives are substances that are added to plastic sheets and films to prevent them from sticking to each other. They improve the processing, life cycle, and performance of the films. They are used in making polyolefin films. Furthermore, they tend to decrease the coefficient of friction between films, thus preventing them from adhering to each other. The growing application of antiblock additives in the food packaging and agriculture sector has been driving the market growth.
However, the high dosage levels of antiblock additives is negatively affecting the optical properties of plastic films. This is likely to hinder the growth of the studied market. Moreover, unfavorable conditions arising due to the COVID-19 outbreak are expected to hinder the market's growth.
The growing demand for antiblock additives in the packaging of medicines is likely to provide opportunities for the antiblock additive market over the next five years.
The Asia-Pacific region is expected to dominate the antiblock additive market, owing to the rising demand from the food packaging and agriculture sector in the region.
