Press release
Anti-block Additives Market is Expected to Generate Huge Profits by 2025
Anti-block Additives Market: DriversIncreasing 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.
Anti-block Additives Market: Restraints
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.
Anti-block Additives Market: Segmentation
The global anti-block additives market can be segmented on the basis of product type, polymer type, application and end use industry. On the basis of product type, the market can be segmented into inorganic anti-block additives and organic anti-block additives. The inorganic anti-block additives can be further segmented into natural silica, synthetic silica, ceramic spheres, calcium carbonate and others (talc, mica, and clay). The organic silica can be further segmented into bis amide, primary amide, secondary amide, organic stearate and metallic stearate.
On the basis of polymer type, the global anti-block additives market can be further segmented into HDPE, LDPE, LLDPE, PVC, BOPP and others (cast polypropylene, polyamide and polyethylene terephthalate). On the basis of application, the market can be further segmented into packaging and non-packaging. The packaging is widely preferred in the industries such as food and pharmaceuticals. On the other hand, non-packaging is widely preferred in agriculture and medical sectors.
Anti-block Additives Market: Regional Outlook
On the basis of region, North America 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.
Anti-block Additives Market: Market Participants
Some of the prominent players identified in the global anti-block additives market are as mentioned below: R. Grace & Co., Honeywell International Inc., Specialty Minerals Inc., Fine Organics, Imerys S.A., Arkema, EVONIK Industries, Hoffmann Mineral GmbH, Croda International PLC., Momentive Performance Materials Inc., BYK Additives & Instruments.
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The major participants in the market are mainly focusing on acquisition in order to strengthen their global footprint.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
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