TAGS: Formulations and Transparency Additives for Packaging
Nucleating and clarifying agents market will reach an estimated valuation of USD 4.63 billion by 2027, while registering this growth at a rate of 6.20% for the forecast period of 2020 to 2027. Growing demand for transparent packaging for food & beverages is expected to create new opportunity for the market.
Ability to Enhance Crystallization Rate
Rising usage of plastics in different applications is expected to drive the market growth. Some of the factors such as growing demand for polymers in packaging applications, their ability to enhance crystallization rate & improve optical properties, growing demand for consumer & packaging products, and rapid industrialization will also accelerate the
nucleating and clarifying agents market in the forecast period of 2020 to 2027.
Nucleating and clarifying agents market is segmented on the basis of product, form, polymer and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
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On the basis of product, the nucleating and clarifying agents market is segmented into nucleating agent, clarifying agent and others such as carboxylate acid salts, talc, sorbitol derivatives and rosin type agents.
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On the basis of form, the nucleating and clarifying agents market is divided into powder, granules and liquid.
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The polymer segment of the nucleating and clarifying agents market is divided into polypropylene, polyethylene, polyethylene terephthalate and others.
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Application segment is divided into packaging, consumer products, automotive, electronics and others.
The Key Market Players
The major players in the nucleating and clarifying agents market are
Milliken & Company,
ADEKA Corporation,
BASF,
Clariant,
Avient,
Imerys,
Plastiblends,
New Japan Chemical Co., Ltd, Polyvel Inc., Brüggemann, Reedy Chemical Foam & Specialty Additives,
Teknor Apex, Techmer PM (Polymer Modifiers), among other domestic and global players.
Asia-Pacific is expected to dominate the nucleating and clarifying agents market in the forecast period of 2020 to 2027 due to increasing purchasing power of the customers and growing demand for packaged food and superior quality consumer products in the region.
View All Nucleating Agents for Transparent Food Packaging
Source: Data Bridge Market Research