Over the projected period, expanding industrial packaging is anticipated to increase demand for antistatic agents. Antistatic agents are frequently used in packing to stop static buildup that could harm products like electrical components. Also, because antistatic chemicals remove charge from the surface, dust and other small particles are not drawn to the package surface. The market is flooded with new antistatic coatings that are applied to windows, speciality sheets, sensor housings, photographic movies, building and construction components, releasing coatings, and packaging items like trays. The market is anticipated to experience considerable expansion as a result of rising demand for antistatic coatings for a variety of applications. The British Coating Federation estimates that the UK's paints and coatings market will be worth US$2.4 billion in 2020. In the automotive sector, antistatic materials are frequently utilised to create both the interior and exterior body panels of vehicles. These substances are used to remove static charge from plastic parts used in automotive engines, dashboards, seat belts, electrical and electronic components, and fuel systems.
Coherent Market Insights estimates that Revenue for the global Antistatic Agents Market was estimated at US$ 497.30 million in 2021, growing at a CAGR of 6.59% over the projected period (2022 to 2030).
Market Players in the Antistatic Agents Industry:
1. BASF SE
The company was founded in 1865, and Ludwigshafen, Germany, serves as its headquarters. Polymers, plastics, performance products, practical solutions, agricultural solutions, and petroleum and natural gas are the six business segments of the corporation. In March 2023, BASF announced plans to expand its polymer dispersions manufacturing facility in Daya Bay, China. In February 2023, BASF created healthy beauty via R&D innovation and a dedication to a sustainable lifestyle.
2. DowDuPont Inc.,
The company was founded in 2017 and is based in Wilmington, Delaware in the United States. Just a handful of the various products the company makes include consumer goods, adhesives, electronics, fabrics, fibres, home and garden items, medical devices, resins, and printing. The purchase of Rogers Corporation by DuPont for $5.2 billion was announced in November 2021.
3. 3M Company,
The business is headquartered in Saint Paul, Minnesota, and was established in the United States in 1902. The company works in the manufacturing, consumer goods, healthcare, and worker safety sectors. 3M said in December 2021 that it would incorporate Neogen, a supplier of goods for animal healthcare and food testing, into its operations for food safety. The so-called "forever chemicals," which were once widely used in products like apparel, nonstick cookware, firefighting foams, food packaging, telephones, and other items, will no longer be produced or utilised, the business declared in December 2022.
4. Mitsubishi Chemical Corporation
The business was founded in 1933 and is based in Japan. The business creates, manufactures, and sells industrial materials, other chemicals, health care items, and performance goods. Mitsubishi Chemical offers services in the petrochemical, energy, medicinal, and construction industries. The Mitsubishi Chemical Group and Mitsui Chemicals, Inc. have begun a cooperative research to standardise and improve chemical logistics, which are essential to both society and business, in January 2023.
5. Arkema Group
The firm was founded in 2004 and is located in Colombes, France. A variety of chemicals are produced and sold by Arkema SA. The company produces both performance items and industrial chemicals, such as acrylics, PMMA, hydrogen peroxide, specialist plastics, special chemical products, and useful additives.
6. Akzo Nobel N.V.
The business was established in 1994 and has its main office in Amsterdam, Netherlands. The business sells pulp and paper, bleaching and oxidising, salt-chlorine, ornamental paints and coatings, surfactants, polymers, bleach, and other chemical products. AkzoNobel successfully acquired the aluminium wheel liquid coatings business of Lankwitzer Lackfabrik in December 2022. AkzoNobel introduced an industry-first tool to promote bodyshop sustainability in July 2022.
7. Solvay S.A.
The firm was founded in 1863 and has its headquarters in Brussels, Belgium. The company manufactures silica, surfactants, hydrogen peroxide, multifunctional plastics, soda ash, flavours for food and fragrances, and other speciality polymers. Solvay announced in March 2023 that it would introduce a novel polymer for high-heat EV battery module insulation. In Brazil, Solvay received Excellent Place to Work® designation in March 2023.
*Definition: An antistatic agent is a substance applied to materials or their surfaces to lessen or completely get rid of the accumulation of static electricity. Antistatic substances lessen or stop the build-up of static energy on surfaces.
