Antifog Additives Market Research, 2031
The global antifog additives market was valued at $397.2 million in 2021, and is projected to reach $619.8 million by 2031, growing at a CAGR of 4.6% from 2022 to 2031.
Antifog additives are organic compounds that reduce the surface tension of water, which helps in preventing the formation of water droplets on the plastic surface. The antifog additive are employed extensively to overcome the formation of fogging in the food and beverages sector. It is widely used in the production of polymer films for inducing the antifogging property in them. It has a wide range of applications in various end-use industries, such as agriculture, food and packing, plastic industry, automobile, glass, and others.
The utilization of antifog additive has increased in the agriculture sector owing to rise in population, government initiation & investment in this sector, and increased focus towards agriculture industry. The antifog additives are mainly used in green houses in the form of films, which reduces the formation of fog, improves light transmission, and enhances the crop productivity by maintaining favorable conditions. This is anticipated to drive the growth of antifog additives products in the market.
However, lack of skilled labor and lack of norms and protocol are expected to hamper the market growth. Furthermore, stringent government rules and regulation governing the use of antifog chemicals in the food and beverages industry have hampered the market growth. These factors together may negatively impact the antifog additives market.
On the contrary, increasing global population, industrialization, urbanization, and growing consumer demand for vehicles, escalate the demand for antifog additive. It is used on vehicle windows and windscreens, since it enhances the visibility of mirrors and stimulates the market growth. Furthermore, overall expansion of the automobile industry and concern about passenger safety have surged the demand for antifog additive in the automobile industry. These factors are predicted to contribute to the global market growth and are anticipated to offer new opportunities in the global antifog additives market.
The antifog additives market is done on the basis of type, application, and region. On the basis of type, the market is categorized into sorbitan ester, glycerol ester, polyglycerol esters, glycerol monooleate, and others. On the basis of application, it is divided into food packaging and agriculture. Region-wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.
The major companies profiled in this report include, Ashland Global Holdings Inc., Avient, BASF SE, ChemPoint, Clariant AG, Corbion N.V., Croda International Plc., DuPont, Eastman Chemical Company, Emery Oleochemicals, Evonik Industries, Foreverest Resources Ltd., Lipotype, Merk KGaA, and PCC Chemax Inc.
The Asia-Pacific antifog additives market size is projected to grow at the highest CAGR during the forecast period, and accounted for a major market share in 2021 with 35% share in the global market, owing to increase in the packaging industry, which supports the growth of plastic additives in the region. China has the second-largest packaging industry globally. The country is expected to witness consistent growth during the forecast period, owing to rise of customized packaging in the food segment, along with increasing exports, which has led them to increase the production capacities of antifog additives films.
In 2021, the glycerol monooleate segment was the largest revenue generator, and is anticipated to grow at a CAGR of 4.3% during the forecast period. This is attributed to the fact that glycerol monooleate-based antifog additives are extensively used in the formulation of drugs which helps in reducing foaming issues in the pharmaceutical sectors.
By application, the market is divided into food packaging and agriculture. The agriculture segment dominated the global market, in terms of revenue in 2021 with 67% share in the global market. This is attributed to factors such as potential increase in the farm income, import and export activity, and improvement in standard of living, which have surged the demand for antifog additives. It is widely employed on the fruits, vegetables, and other plants where antifog additive enhances the plant productivity and also helps in maintain the efficiency and productivity of the agriculture sector
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the antifog additives market analysis from 2021 to 2031 to identify the prevailing antifog additives market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the antifog additives market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global antifog additives market trends, key players, market segments, application areas, and market growth strategies.
Antifog Additives Market Report Highlights
Aspects | Details |
By Type |
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By Application |
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By Region |
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Key Market Players | Corbion N.V., BASF SE, Croda International Plc, Eastman Chemical Compnay, Clariant AG, Foreverest Resources Ltd., Lipotype, Emery Oleochemicals, Merk KGaA, DuPont, Evonik Industries, Ashland Global Holdings Inc., Avient, PCC Chemax Inc., ChemPoint |
Analyst Review
The antifog additives market is expected to witness considerable growth, owing to significant surge in the demand for antifog additives from food & beverages, agriculture, automobile, and packaging industries. Antifog additive are extensively used in the agriculture sector, especially in green houses plants to reduce the formation of fog, improve light transmission, and enhance the crop productivity.
In addition, the packaging industry is also poised to expand, thus, supporting the growth of plastic additives films. Furthermore, the food & beverages industry is expected to grow during the forecast period thus, adding value to the expansion of antifog additives market. Sustained economic growth and the development of the food & packaging sector have surged the popularity of antifog additives in the market.
Antifog additives are generally non-ionic surfactants that prevent water condensation in small droplets. The freshly food is packed and items are placed in refrigerators and due to temperature variations fog tend to accumulate on packed food products. Thus, in order to overcome fogging of refrigerated food products antifog additives are employed extensively. It is widely used in the production of polymer films for inducing the antifogging property in them are the upcoming trends of antifog additives Market in the world
Agriculture is the leading application of antifog additives Market
Asia-Pacific is the largest regional market for antifog additives
The global antifog additives market was valued at $397.2 million in 2021, and is projected to reach $619.8 million by 2030, growing at a CAGR of 4.6% from 2021 to 2030
Ashland Global Holdings Inc., Avient, BASF SE, ChemPoint, Clariant AG, Corbion N.V., Croda International Plc., and DuPont are the top companies to hold the market share in antifog additives
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