Press Release

Antistatic Agent Market to grow at 7.5% from 2020 to 2027

Non-woven Fabrics Market

July 20, 2020, Valsad, India – According to the study published by Evolve Business Intelligence, the antistatic agent market is anticipated to grow at a CAGR of 7.5% from 2020 to 2027. The antistatic agent market is expected to reach $685.6 million by 2027. Some of the major factor impacting the overall growth of antistatic agent market include, increasing use of plastic in packaging products and growing demand for packaging due to the high growth of ecommerce industry during the COVID lockdown.

Analyst's View

According to Evolve Business Intelligence, β€œthe recent COVID scenario is expected to provide significant opportunities after a small dip in the overall sales of Antistatic additives. This can be attributed to the increase in the e-commerce sale needing a high amount of packaging products. However, this growth has also offset by the decreasing purchasing public purchasing power.”

Some of the major antistatic agent provider include BASF S.E, 3M Company, AkzoNobel N.V., and Others

Some of the major antistatic agent players holding high market share include BASF S.E, 3M Company, AkzoNobel N.V., Arkema S.A., Clariant, among others. In September 2017, Clariant had launched an amide/amine-free anti-static agent for clean room & API films.

The antistatic agent market report published today include market revenue generated through the sale of antistatic additives such as carbon black, carbon fiber, glycerol monostearate, ethoxylated fatty acid amines, and alkyl sulfonates, among others. The report also includes the market analysis on the basis of application areas such as, textile, automotive, packaging, electronics, healthcare, and others.

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