Antistatic Agents Market Size 2023-2030 Global Industrial Analysis, Market Share, Top Key Players

Antistatic Agents Market

The global Antistatic Agents Market size was worth around USD 500.71 Million in 2022 and is predicted to grow to around USD 806.34 Million by 2030 with a compound annual growth rate (CAGR) of roughly 6.12% between 2023 and 2030.

Antistatic agents are mainly used to reduce or eliminate the static charge generated in the materials or their surfaces. These are used to make the polymeric materials conductive. These agents have various applications in the end-use industries such as electronics, industrial packaging, coatings, and military jet fuels.

Global Antistatic Agents Market: Growth Factors

The increasing demand for the antistatic agents in the various industries such as the packaging, electronics, textiles, and jet fuel industry due the rising demand for the electronic, packaged, textile products, and high-performance fuel drives the growth of the global antistatic agents market. The cationic fixed additive for the inkjet paper coating is expected to fuel the global market. The use of the antistatic agents in the foams utilized for the bedding, automotive seats, and furniture purposes also further attributes the growth of the global market. The easy availability of the substitutes for the antistatic agent production hampers the global antistatic market growth. The stringent government regulation and a decline in the oil and gas prices in the different regions across the globe hinder the global market.

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Global Antistatic Agents Market: Segmentation

The global antistatic agents market is segmented based on the product type, polymer type, end-use industry, and region. The product type segment is divided glycerol monostearate, ethoxylated fatty acid amines, di-ethanolamides, and others. The polymer type segment is further categorized into polyethylene, polypropylene, polyvinyl chloride, acrylonitrile butadiene styrene, and others. The end-use industry segment is bifurcated into electronic, textiles, Automotives, packaging, and others. The regional segmentation includes Asia-Pacific, the Middle East and Africa, Europe, Latin America, and North America. The packaging, ethoxylated fatty acid amines, and polypropylene of the end-use industry, product type, and end polymer segments respectively are expected to dominate the global market.

Global Antistatic Agents Market: Regional Analysis

Asia-Pacific is expected to lead the global antistatic agents market followed by North America and Europe due to the rising demand for the antistatic agents in the Asia-Pacific regions. China is considered to be one of the largest consumers of the antistatic agents in the Asia-Pacific region. The demand for antistatic agents in packaging, electronics, and textiles industries in the Asia-Pacific region is expected to drive the global market. The U.S. in the North American region due to the rising demand for antistatic agents is expected to boost the global market. The low labor cost in the African region helps escalate the global market growth. The countries such as Japan, China, India, Indonesia, and South Korea are the emerging markets across the globe. The increasing demand for electronic products in Japan and China fuels the global market growth.

Global Antistatic Agents Market: Competitive Players