ANTISTATIC AGENTS MARKET ANALYSIS

Antistatic Agents Market, By Product Type (Glycerol Monostearate, Diethanolamides, Ethoxylated Fatty Acid Amines, and Others), By Polymer Type (Polypropylene (PP), Polyethylene (PE), Polyvinyl Chloride (PVC), Acrylonitrile Butadiene Styrene (ABS), and Others, By End Use Industry (Packaging, Automotive, Electronics, Textile, and Others), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

Published In : Jul 2024
Code : CMI2319
Pages :165
Formats :
Excel and PDF
Industry : Bulk Chemicals

Regional Analysis

Antistatic Agents Market Regional Insights

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North America has established itself as the dominant region in the global antistatic agents market over the past few decades. The region is expected to account for 32.2% of the market share in 2024. This is due to the robust presence and technological advancements of key end-use industries like electronics, automotive and packaging in the region. The U.S. is home to some of the largest electronics and automotive manufacturers which are constantly innovating and developing new products. This has driven the demand for high-performance antistatic materials to ensure safety and productivity. In addition, the early adoption of stringent regulations regarding harmful emissions in industries has encouraged the use of antistatic agents to reduce potential electrostatic discharge issues.

Asia Pacific, on the other hand, has emerged as the fastest growing regional market for antistatic agents. Rapid industrialization and urbanization in various developing economies has boosted the demand from packaging, electronics, and building & construction industries. The presence of manufacturing powerhouses like China and several ASEAN countries is catalyzing the usage of antistatic agents. Countries in the region are attracting huge investments into setting up production facilities by multinational corporations. This has augmented the trade volumes for antistatic chemicals within and outside Asia Pacific.