Market research reports, consulting: Global Market Insights Inc.

Home > Chemicals and Materials > Advanced Materials > Functional Materials > antiblock additive market

Antiblock Additive Market Size

Report ID: GMI8228 Published Date: February 2024Report Format: PDF
Download Free Sample
Summary
Table of Content

Antiblock Additive Market Size

Antiblock Additive Market was valued at around USD 1.58 billion in 2023 and is anticipated to register a CAGR of over 5.6% between 2024 and 2032. Antiblock additives play a pivotal role in preventing the adhesion of plastic films or sheets, reducing surface friction and enhancing overall product performance. As industries increasingly shift toward sustainable and efficient packaging solutions, the demand for antiblock additives has surged. These additives contribute to the ease of handling and processing of films, ensuring smooth unwinding and separation. With rising awareness about environmental concerns, manufacturers are incorporating antiblock additives to improve the recyclability of packaging materials, aligning with eco-friendly initiatives. Thus, the industry growth is expected to attain a market value of over USD 2.5 billion by 2032.

 

Antiblock Additive Market

Moreover, the expanding applications of plastics in various end-use industries, including packaging, agriculture, and automotive, further propel the growth of the antiblock additive industry. Technological advancements and innovations in additive formulations are driving market competitiveness, with companies focusing on developing high-performance solutions to meet the evolving demands of different sectors.

 

As industries strive to enhance the performance and sustainability of their products, alternative additives and processes emerge as formidable contenders. Innovations in polymer and plastic technologies give rise to substitutes that claim improved efficiency, reduced environmental impact, or cost-effectiveness. This competition poses a threat to the market share of traditional antiblock additives. Additionally, evolving consumer preferences and stringent regulatory measures encouraging the adoption of eco-friendly practices contribute to the rise of alternative solutions. Biodegradable additives, surface modification technologies, and bio-based materials are gaining traction, diverting attention and investment away from conventional antiblock additives.

 

Author: Kiran Pulidindi, Kunal Ahuja
Frequently Asked Question(FAQ) :

What is the size of the global antiblock additive market?+

Global market size for antiblock additive was valued at around USD 1.5 billion in 2023 and is anticipated to register a CAGR of over 5.6% between 2024 and 2032. As industries increasingly shift toward sustainable and efficient packaging solutions, the demand for antiblock additives has surged.

Why is packaging industry influencing the demand for antiblock additives?+

Packaging industry segment accounted for major market share in 2023 and is projected to fuel demand for antiblock additives by 2032 driven by the increased usage of efficient and sustainable packaging solutions.

How big is Asia Pacific antiblock additive market?+

Asia Pacific antiblock additive industry generated a revenue of USD 0.54 billion in 2023 and is expected to grow significantly through 2032 as the region is a manufacturing hub along with rapid industrialization.

Who are the key players in the global antiblock additive industry?+

Ampacet Corporation, Biesterfield, BYK, Cargill, Croda International PLC, Evonik Industries AG, Honeywell International Inc., Imerys Performance Additives, LyondellBasell, Momentive, Plastics Color Corporation, PolyOne, and W.R. Grace & Co.

Antiblock Additive Market Scope

Related Reports

Buy Now

Premium Report Details

Download Free Sample