Antistatic Agent Market Research Report -Forecast to 2030

Antistatic Agents Market: Information by Antistats (Ethoxylated Fatty Acid Amines, Diethanolamides, & Glycerol Monostearate), Polymer Type (PP, ABS, PE, & PVC), End-Use Industry (Packaging, Electronics, & Automotive) & Region—Forecast till 2030

ID: MRFR/CnM/1203-HCR | February 2021 | Region: Global | 138 pages

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Antistatic Agent Market Overview

The CAGR for the anti-static agents market is 3.3% until 2026. The anti-static agents market value should be USD 437.9 million by 2026. This will be an increase from the market value in 2020 which was USD 357.9 million.


Anti-static agents are substances that are mixed in with polymers. They prevent these polymers from generating static electricity. They also make these plastics less likely to melt from electrical heat energy or generate electrical energy themselves.


Plastics often experience static electricity. This can cause problems handling the plastics when they are being transported and stored. Increased static electricity also attracts dust. This is the last thing that the polymers need to function optimally. Plastics that don’t have anti-static agents mixed into them can cause severe cases of static shock for the customers who handle the products that they’re made out of.


COVID-19 analysis


COVID-19 wreaked global havoc beginning last year. It’s still a global scourge. Many governments realized that it was a dangerous virus. That’s why they sought to contain its spread with imposed quarantines and lockdowns. These were temporary since they had limited effect.


Many industries and markets suffered because they were forced to either scale back production or temporarily halt production thanks to the quarantines and lockdowns. The anti-static agents market was no exception. Companies that made anti-static agents found that the raw materials were hard to come by since few companies were producing them. The few raw materials that they could procure were very expensive. This increased their overall production costs and raised the end price of these units.


Market dynamics


Drivers


The vast majority of industries use plastics in their daily operations. This is driving global demand for anti-static agents. The global packaging industry especially uses plastics that have anti-static agents incorporated into them. This is another big driver of global growth.


Plastic is light, it doesn’t melt or corrode easily, and it can be easily recycled. That’s why many industries are choosing to use it in the products that they make.


Opportunities


Many companies are enticed by the moderate CAGR of the anti-static agents market. They are also enticed by the fact that it’s potentially lucrative. That’s why they’re spending billions on research and development to come up with better products that are more effective at dispelling static electricity. They also want to make sure that these agents decompose easily when disposed of. Of course, it’s important to these manufacturers that these agents are not easily combustible.


Restraints


There are many restraints in the form of rules, regulations, and guidelines that various governments around the world are imposing for the manufacture and use of anti-static agents. These pertain to the packaging that’s used for food and drinks. This food and drinks can’t touch the plastic packaging directly.


Challenges


Most plastics still take decades to decompose. They can also leach dangerous chemicals and substances into the ground and groundwater as they decompose. This can be deadly for wildlife and humans and dangerous for the environment. Many companies are rising to this challenge by developing plastics that decompose easily without harming the environment, humans, or wildlife.


Cumulative growth analysis


The CAGR is 3.6% until 2026. The anti-static market value was USD 357.9 million in 2020. It is should be USD 437.9 million in 2026.


Technology analysis


3M is a major American company in the global anti-static market. It has managed to retain a superior market position through extensive research and development. This has allowed it to develop a new generation of anti-static agents that are safer around humans and wildlife and decompose into the environment once disposed of without leaching any chemicals or other harmful substances. This allowed it to create a sustainable competitive advantage and it allowed it to justify charging more for the anti-static agents.


Segment overview


By antistats


The global anti-static agents market is comprised of the antistats sub-segment. This sub-segment can be further separated into:



  • Ethyloxilated fatty acid amines

  • Diethanolomides

  • Glycerol monosterate

  • Quaternary ammonium compounds

  • Alkylsulfonates

  • Others


By polymer type


The global anti-static agents market is comprised of the polymer type sub-segment. This can be separated into:



  • PP

  • ABS

  • PE

  • PVC

  • PET

  • Others


By end use industry


Antistatic Agents Market Share


Source: MRFR Analysis


The global anti-static agents market is comprised of the end-use industry sub-segment. This can be further divided into



  • Packaging

  • Electronics

  • Automotive

  • Textile

  • Military

  • Others


By region


The global anti-static agents market can be divided into the following regions:



  • Asia-Pacific

  • North America

  • The European Union

  • Latin America

  • The Middle East and Africa


Regional analysis


The Asia-Pacific region had the highest anti-static agents market share in 2017. This is still the case. What is accounting for this high market share is the fact that the two economic heavyweights India and China are rapidly industrializing and urbanizing. The industries there are using plastic that contains anti-static agents at a rapid pace.


What is also another contributing factor is the fact that the middle classes are growing rapidly in both India and China. These middle classes are much richer than their parents were. They demand to buy goods that are packaged in safer packaging which is environmentally friendly.


Also, the automobile market is starting to take off in the Asia-Pacific region. What is accounting for this is the fact that the middle classes and other classes in India and China are clamoring for better cars. This is increasing the demand for anti-static agents.


Consumer goods include electronics. Electronics devices have historically relied heavily on anti-static agents to operate well. The demand for consumer electronics is going through the roof in India, China, and Japan. What accounts for this are rapid industrialization and economic growth.


The North American region had the second-largest anti-static agents market share in 2017. This is still the case. What accounted for this was and is the fact that demand for cars is starting to pick up now that the economy is growing at a respectable pace. The North American region has a robust electronics, military, and aerospace industry. This is especially true in America. As the American government and private enterprises invest more in these industries, demand for plastics that have anti-static agents incorporated into them is picking up.


The European Union should see healthy growth in the market. This is largely due to the fact that Western Europe is once again emerging as a major automotive manufacturing hub. Nations like the United Kingdom, France, and Germany are hotbeds for smart automotive manufacturing.


The nations with the strongest and fastest-growing economies in the Latin American region are Argentina, Brazil, and Chile. These nations are largely responsible for the high regional anti-static agents market growth.


The textiles and automotive industries are growing fast in the Middle East and African region. This is expected to drive respectable regional growth in the anti-static agents market.


Competitive landscape


The anti-static agents market is very competitive. What accounts for this is the fact that it has a respectable CAGR, it is fairly lucrative, and there are few barriers to entry. Companies are finding that they must do one or more of the following to remain competitive:



  • Do lots of research and development

  • Enter into strategic partnerships with other successful companies,

  • Merge with/acquire other companies


Companies broaden their horizons and create a sustainable competitive advantage when they engage in these three activities. They can develop and market a new generation of superior products that are safer for humans and animals and gentle on the environment. Incidentally, this also allows them to justify charging more for these goods.


3M is a major American company that has survived and excelled because it invested heavily in research and development. This allowed it to produce a new generation of products that allowed it to stay competitive in ways that were unique and could not be easily repeated.


List of companies



  • 3M (US), BASF SE (Germany),

  • DowDuPont (US),

  • Akzo Nobel N.V. (Netherlands),

  • Croda International Plc (UK),

  • Schulman, Inc. (US),

  • Arkema (France),

  • Solvay (Belgium),

  • Evonik Industries AG (Germany),

  • Clariant (Switzerland),

  • LyondellBasell Industries N.V. (Netherlands), and

  • Mitsubishi Chemical Holdings Corporation (Japan).


Recent developments

December 2021- Alfa Chemistry, a prominent player in the antistatic agent market worldwide, recently disclosed to provide a wide range of halide quaternary ammonium salts that is just one kind of its varied offering of quaternary ammonium compounds (QACs), including quaternary phosphonium compounds, quaternary ammonium hydroxide, polyquaternium, and acid radical quaternary ammonium salts.
Halide quaternary ammonium salts are usually known as quaternary ammonium salts and are broadly utilized in purifying scenarios. The Marketing Chief of Alfa Chemistry said that the firm delivers several halide quaternary ammonium salts. Till now, bromide series, fluoride series, and chloride series, and iodide series can be feasibly found at the company. Customers can find the CAS No. or type the name of the chemical they are looking for in the search bar of the company’s website.

Halide quaternary ammonium salts can be utilized as antistatic softening agents or as a fungicide in the printing and textile and dyeing industry with excellent softness, anti-yellowing, sterilization, and antistatic properties. They can also be broadly utilized as flocculant synergists in the water treatment industry.

Clariant launched new anti-static agents that increased its sustainable competitive advantage


KAO group entered into a strategic partnership to produce new forms of anti-static agents

Report overview


The CAGR for the anti-static market is above 3%. The market is growing rapidly since the majority of industries use this substance. The Asia-Pacific region has the highest anti-static agents market share



Report Scope:
Report Attribute/Metric Details
  Market Size   2030: Significant value
  CAGR   2022–2030: Substantial CAGR
  Base Year   2021
  Forecast Period   2022-2030
  Historical Data   2019 & 2020
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Geographies Covered   Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa
  Key Vendors   3M (US), BASF SE (Germany), DowDuPont (US), Akzo Nobel N.V. (Netherlands), Croda International Plc (UK), A. Schulman, Inc. (US), Arkema (France), Solvay (Belgium), Evonik Industries AG (Germany), Clariant (Switzerland), LyondellBasell Industries N.V. (Netherlands), and Mitsubishi Chemical Holdings Corporation (Japan).
  Key Market Opportunities   Plastic is lightweight, corrosion resistance, chemically inert, durable, and recyclable, resulting in manufacturers and consumers preferring it over metal and wood.
  Key Market Drivers   The large-scale application of plastic in the packaging industry is a major driver for the growth of the antistatic agents market.


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Frequently Asked Questions (FAQ) :

Antistatic agents are polymer additives used to prevent the static electricity build-up and thus, to increase the dielectric surface & volume conductivity in plastic materials. Diethanolamides, ethoxylated fatty acid amines, and glycerol monostearate are major antistatic.

Packaging, electronics, and automotive are the major end-use industries of antistatic agents.

Asia Pacific holds the largest share in the global antistatic agent market followed by North America and Europe, respectively.

BASF SE (Germany), 3M (US), DowDuPont (US), Croda International Plc (UK), Akzo Nobel N.V. (Netherlands), A. Schulman, Inc. (US), Solvay (Belgium), Arkema (France), Evonik Industries AG (Germany), LyondellBasell Industries N.V. (Netherlands), Clariant (Switzerland), and Mitsubishi Chemical Holdings Corporation (Japan), are some of the leading players in the global antistatic agent market.