Antiblock Additive market was valued at US $ XX Mn and expected to grow at XX% Compound Annual Growth Rate (CAGR) from 2019 to 2025.
Market Outline: Antiblock Additive Market
Polyolefin and other plastic films have a tendency to adhere together, often making it difficult to separate layers. This adhesion between film layers, called blocking, is an inherent property of some polymers. Antiblocking additives can be added to the plastic to minimize this adhesion and so lower the blocking force between layers. Once compounded into a plastic these additives create a micro rough surface which reduces the adhesion between film layers and lowers the blocking tendency. Two factors determine the antiblocking effect: Number of particles of antiblock at the film surface. Size of the antiblock particles.
Market Dynamics: Antiblock Additive Market
Increasing need for packaging in food and pharmaceutical industries is expected to drive the growth of the global anti-block additives market in the near future. The increasing spending power along with the high disposable incomes of people are estimated to fuel the demand for the packaged food during the forecast period. Moreover, upsurge in demand for agricultural greenhouse is further expected to propel the growth of the global anti-block additives market. One of the major factors restricting the growth of the global anti-block additives market is the high dosage level of the inorganic anti-block additive. Due to increase in the concentration of the anti-block additive, the density increases and the optical properties also gets affected. Due to these reasons, the manufacturers are shifting towards new alternatives in order to deliver high resistance to blocking and deliver optimum clarity. This factor is projected to hamper the growth of the global anti-block additives market during the forecast period.
Market Scope: Antiblock Additive Market
Antiblock additive market is segmented based on product type, application, and polymer type.
Based on product type, market is segmented into the following:
Based on the polymer type, market is segmented into the following:
Based on the application, the market is segmented into the following:
- Packaging (food, pharmaceuticals)
- Non packaging (medical, agriculture)
Regional Analysis: Antiblock Additive Market
Geographically, global pain management devices market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America antiblock additive market is expected to dominate the global anti-block additives market. Asia Pacific is projected to grow at a significant rate during the forecast period. The increasing agricultural output from this region is expected to escalate the demand for food packaging, which in turn is expected to drive the growth of the global anti-block additives market in Asia Pacific region. Additionally, increasing packaging activities in the countries such as China, Japan and Korea is further bolstering the demand for anti-block additives. Europe and Latin America are projected to witness moderate growth in the near future.
Competition Assessment: Antiblock Additives Market
Some of the players in the global antiblock additive market include:
- Grace & Co.
- Honeywell International Inc.
- Specialty Minerals Inc.
- Fine Organics
- Imerys S.A.
- EVONIK Industries
- Hoffmann Mineral GmbH
- Croda International PLC.
- Momentive Performance Materials Inc.
- BYK Additives & Instruments
Notable Market Developments: Antiblock Additive Market
- In February 2017, Honeywell International Inc. (U.S.) signed a technology sharing agreement with Zhejiang Petrochemical Co. Ltd. (China), a manufacturer of aromatic hydrocarbons, polymers, and polyester fibers. A range of process technologies in the form of design, license, catalyst and key equipment along with automation systems is being supplied by Honeywell.