Anti-static Agents Market Research Report and Forecast up to 2023 Anti-static Agents Market - Global Industry Analys | Page 2

acrylonitrile butadiene styrene (ABS) in automotive, consumer electronics, and rigid
packaging industries is expected to considerably fuel demand from the segment in
the forthcoming years. Apart from this, TMR expects the demand for anti-static
agents in the polyvinyl chloride (PVC) segment to rise as well. As the consumption
of PVC increases in the packaging and construction sectors it is expected to fuel
demand for anti-static agents in response.
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Rapid Industrialization in Asia Pacific to Seal the Region’s Position as Market Leader
Regionally, Asia Pacific led the global anti-static agents market in 2014 with a share
of about 49.8% in 2014. Furthermore, TMR expects this region to exhibit the fastest
growth during the forecast period. The increasing population in Asia Pacific,
favorable government policies, and rising per capita income are the key factors
fuelling demand for anti-static agents from Asia Pacific. The anti-static agents sales
in Asia Pacific is poised to surge in response to the rapid growth witnessed in the
automotive, electronics, plastics, and textile industries across the emerging
economies of the region.
China emerged as the most lucrative market for anti-static agents in Asia Pacific in
2014. The rapid industrialization witnessed in the regions boosts sales opportunities
for anti-static agents. In the same year, Europe emerged as the second-largest
regional market for anti-static agents. However, TMR expects this regional market to
exhibit sluggish growth during the forecast period. Stringent government
regulations and trade policies imposed on use of plastics as raw materials limits
scope for expansion of the anti-static agents market in Europe. Nevertheless,
increasing use of these components in recycled plastic industry will enable the
market to maintain steady growth in Europe.
The global anti-static agents market exhibit a consolidated vendor landscape. Some
of the leading players operating in the market include AkzoNobel N.V., BASF SE.,
Cytec Industries Inc., Croda Internationalplc., ClariantAG, and ArkemaS.A.
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