DUBLIN, November 30, 2022 /PRNewswire/ — The “Global Nucleating and Clarifying Agents Market by Type of Agent (Nucleating Agents, Clarifying Agents), Form (Powder, Granules, Liquid), Polymer (PP, PE, PET), Application (packaging, consumer products) and “Region – Forecast to 2027” report added to from ResearchAndMarkets.com offer.
The Nucleating and Clarifying Agents Market is Expected to Reach at $504 million in 2027 at a CAGR of 7.3% over the forecast period
The increase in the consumption of polymers has led to the increased use of nucleating agents for the manufacture of products for various applications. The use of nucleating agents improves the mechanical and optical properties of products and reduces the production cycle time.
This is expected to increase the demand for nucleating and clarifying agents for optimal production and energy efficient use.
By agent type, nucleating agents accounted for the second largest market share for the nucleating and clarifying agents market, by volume, in 2021
Nucleating agents are plastic additives used to promote the crystallization of semi-crystalline polymers. When these additives are exposed to temperatures at which the polymer begins to melt, they form a heterogeneous surface on the molten polymer, accelerating the crystallization process. Nucleating agents are also used primarily in polypropylene, including homo and random copolymers.
Consumer products are expected to be the second fastest growing application for the Nucleating and Clarifying Agents market over the forecast period, in terms of value
The different variants of plastics used in the manufacture of consumer products include polyethylene (PE), polypropylene (PP) and polyethylene terephthalate (PET). Additives are used to improve the chemical and physical properties of plastic products.
Such an additive includes nucleating and clarifying agents. These agents impart improved mechanical and optical properties to the final products. These products include personal care and household products. The segment is expected to grow at the second highest CAGR, by value, during the forecast period.
Based on the region, Europe the region was the largest market for nucleating and clarifying agents in 2021, in terms of volume
Europe was the largest global nucleating and clarifying agents market, by volume, in 2021. Rising disposable income in developed countries such as Germany, France and the UK is expected to drive demand for high quality, specialty cosmetics.
This will drive demand for efficient production of polymers used to manufacture these consumer goods. Thus, the use of nucleating and clarifying agents is expected to increase for better production rate and improved physical properties.
During the process of determining and verifying the market size for several segments and sub-segments identified through secondary research, extensive primary interviews were conducted. The distribution of the profiles of the main interviewees is as follows:
Competitive landscape
The main players in this market are Milliken & Company (United States), ADEKA Corporation (Japan), Imerys SA (France), Shandong Rainwell New Materials Technology Co., Ltd. (China), BASF SE (Germany) and Clariant AG (Swiss).
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The market is expected to experience strong growth between 2021 and 2027
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Germany accounted for the largest share of the European market in 2021
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Powder form to dominate the market
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Asia-Pacific Market Expected to Grow at Highest CAGR
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Packaging segment accounted for largest share in 2021
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China to be the fastest growing market
Market dynamics
Drivers
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Increase in plastic consumption
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Demand for Polymers in Packaging Applications
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Increased focus on plastic recycling
Constraints
Opportunities
Challenges
Industry trends
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Supply chain analysis
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Nucleating and Clarifying Agents Market: Realistic, Pessimistic, Optimistic, and Non-COVID-19 Scenarios
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Trends/disruptions affecting customer operations
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Connected markets: ecosystem
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Technological analysis
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Case Study Analysis: Effect on Transparency of Polypropylene Containing Nucleating Agent
Company Profiles
Main actors
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Milliken & Company
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Clariant S.A.
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Adeka Corporation
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BASF SE
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Avenir Corporation
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Avient Corporation: Company Overview
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Imerys S.A.
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New Japan Chemical Co. Ltd.
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Shandong Rainwell New Materials Technology Co. Ltd.
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Gch Technology Co. Ltd.
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Plastiblends India Limited
Other key players
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Chemistry Bruggemann
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Altana S.A.
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Polyval Inc.
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Reedy chemical foam
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Eutec Chemical Co. Ltd.
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Qingdao Jade New Material Technology Co.Ltd.
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Hpl Additives Limited
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Polychem Alloy, Inc.
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Rich Yu Chemical Co.Ltd.
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Ceronas GmbH & Co. KG
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Hallstar Innovations Corp.
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Everspring Chemical Co. Ltd.
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Teknor Apex
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Techmer PM, LLC
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Grafe Advanced Polymers GmbH
For more information about this report visit https://www.researchandmarkets.com/r/xhkxen
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