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Antiblock Additive Market by Product Type, Polymer Type, Application - Global Forecast to 2021

Antiblock Additive Market: Global Forecast until 2021

  • May 2017
  • 170 pages
  • ID: 4898226
In this report:
The food packaging segment is expected to have a huge demand for the overall antiblock additive market and is projected to witness the highest CAGR of ##.##% in terms of value, between 2016 and 2021.
Asia-Pacific is the largest market for LLDPE based antiblock additive, with a market share of ##.##% in 2015 and is expected to witness the second highest CAGR of ##.##%, in terms of value, between 2016 and 2021.

Summary

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"Antiblock additive market is estimated to rise at a compound annual growth rate of 5.70 percent during the forecast period"

The antiblock additive market is estimated to grow $1109.60M by 2021, at a compound annual growth rate of 5.70 percent from 2016 to 2021. Growing population across the world has led to a growing demand for agricultural output and packaged food products. The sector demand for antiblock additive from Asia-Pacific is fueled by the increasing standard of living and rising per capita spending power of consumers. Nevertheless, factor restraining the increase of the antiblock additive market is high loading of inorganic antiblock additive, which affects mechanical and optical properties of the plastic film layer.

"Organic to be the quickest increasing product type of antiblock additive during the forecast period"

The industry for organic antiblock additive is expected to grow at the highest compound annual growth rate (CAGR) from 2016 to 2021, in terms of value importance. This can be connected to growing consumer awareness for switching to more efficient synthetically prepared organic products offering enhanced flexibility at low concentration levels. Additionally, consumer inclination towards adopting technological changes is driving the sector for organic product type.

"LLDPE to be the most important polymer type segment of the antiblock additive market"

LLDPE polymer type segment constitutes a main share of the overall antiblock additive market. LLDPE polymers are used in big quantities due to their high demand in different packaging and non-packaging applications including food, pharmaceutical, medical, agriculture, and coatings, among others. The market demand for LLDPE polymer type is primarily from Asia-Pacific, and the Middle East (ME) & Africa regions due to its low cost and easy availability.

"Food packaging is intended to be the biggest packaging application segment of the antiblock additive market"

Antiblock additives make plastic film layers less sticky by creating a micro-rough surface on the top of a film layer. Therefore, they form an integral component of any packaging application. Food packaging constitutes a main share of the overall antiblock additive market due to high demand for packaged and ready-to-eat food products. Rising population and employment opportunities along increase in disposable income of consumers has led to an growth in the industry demand for packaged food.

"APAC to be the quickest increasing market for antiblock additive during the forecast period"

The Asia Pacific (APAC) area is forecasted to be the quickest developing market for antiblock additive, as this area is forecast to be a lucrative market for food packaging and agriculture films in the outlook. Improving economic conditions, increasing real disposable income, and low global manufacturing costs are some of the factors that are driving manufacturing firms to extend their facilities in the territory.

Breakdown of profiles of primary Q&A for the market research

• By Company category - Tier 1 - 30.0 percent, Tier 2 -38.0 percent, and Tier 3 - 32.0 percent

• By Description - C-suite - 36.0 percent, D-level - 30.0 percent, and Others - 34.0 percent

• By Area - North America (NA) - 20.0 percent, EU - 32.0 percent, Asia-Pac - 26.0 percent, and rest of the world - 22.0 percent

Some of the top firms decribed in this market report are Specialty Minerals Inc., Honeywell (NYSE:HON), W.R. Grace & Co., Imerys S.A., and Fine Organics.

Segment Research

In this business report, the antiblock additive market has been split on the basis of product type, polymer type, application, and area. Established on product variety, the antiblock additive market has been split into inorganic and organic. Established on polymer type, the antiblock additive market has been divided into LLDPE, LDPE, HDPE, BOPP, and PVC. Established on application, the antiblock additive market has been broken down into packaging and non-packaging. The antiblock additive market has been studied for Asia Pacific (APAC), Europe (EU), North America continent, Middle East (ME) & African continent, and Central & South America region.

Key Benefits

This industry report offers the following information, which will benefit clients:

• Market segmentation established on product class, polymer type, application, and area

• Market dynamics including drivers, restraint, opportunities, and alternatives

• Porter's Five Forces model with respect to the antiblock additive market

• Profiles of main market actors of antiblock additive

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