Low Molecular Antistatic Agents Market, By Product Type (Polyethylene Glycol Esters, Glycerol Esters, Quaternary Ammonium Compounds), By Application (Plastics, Electronics, Textiles, Packaging), By End Use Industry (Automotive, Aerospace, Healthcare, Food And Beverage, Others), By Molecular Weight (High Molecular Weight Antistatic Agents, Low Molecular Weight Antistatic Agents), And by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)
The global Low Molecular Antistatic Agents Market was valued at US$ 479.9 million in 2022 and is expected to reach US$ 693.0 million by 2030, growing at a CAGR of 4.7% during the forecast period.
Low molecular antistatic agents are chemical compounds used in various industries, such as plastics, textiles, and electronics, to reduce static electricity and improve surface conductivity. They are typically organic compounds with a low molecular weight and high solubility in the materials they are added to.
North America is a mature market for low molecular antistatic agents, with established end use industries such as electronics, automotive, and packaging. The demand for antistatic agents in North America is expected to grow at a moderate pace due to the increasing use of plastics in various applications and the rising demand for electronics.
Europe is another mature market for low molecular antistatic agents, with established industries such as automotive, electronics, and packaging. The demand for antistatic agents in Europe is expected to grow at a steady pace due to the increasing use of plastics and electronics in various applications.
Asia Pacific is the fastest-growing market for low molecular antistatic agents, driven by the growing demand from end use industries such as electronics, automotive, and packaging. China, Japan, and India are the major markets in the Asia Pacific region due to the presence of large manufacturing industries and the growing demand for consumer electronics.
Market Drivers: Low Molecular Antistatic Agents
Increasing demand for consumer electronics: With the growing use of smartphones, laptops, and other electronic devices, the demand for low molecular antistatic agents has increased as they are used in the manufacturing of electronic components and products.
Growing use of plastics: The use of plastics is increasing in various industries, such as automotive, packaging, and construction. Low molecular antistatic agents are used in plastics to improve surface conductivity and reduce static charge build-up.
Rising demand for antistatic textiles: The use of antistatic textiles is increasing in the healthcare, industrial, and automotive sectors. Low molecular antistatic agents are used in textile manufacturing to improve surface conductivity and reduce static charge build-up.
Advancements in technology: Advancements in technology have led to the development of new and innovative products that require better static control properties. Low molecular antistatic agents are used in the manufacturing of these products to improve surface conductivity and reduce static charge build-up.
Development of innovative products: The development of innovative products that require better static control properties provides an opportunity for the low molecular antistatic agents market to grow. Companies can focus on developing new formulations and applications of low molecular antistatic agents to cater to the growing demand for innovative products.
Collaboration and partnerships: Collaboration and partnerships between companies can provide an opportunity for the low molecular antistatic agents market to grow. Companies can collaborate with other players in the market to develop new products and applications, expand their reach, and leverage each other's expertise.
Use in new industries: The use of low molecular antistatic agents in new industries such as aerospace, defense, and healthcare provides an opportunity for the market to grow. Companies can focus on developing new formulations and applications of low molecular antistatic agents to cater to the growing demand in these industries.
Sustainability initiatives: Sustainability initiatives provide an opportunity for the low molecular antistatic agents market to grow. Companies can focus on developing sustainable products and processes that reduce the environmental impact of low molecular antistatic agents.
By Application: Plastics, Electronics, Textiles, Packaging
By End Use Industry: Automotive, Aerospace, Healthcare, Food And Beverage, Others
By Molecular Weight: High Molecular Weight Antistatic Agents, Low Molecular Weight Antistatic Agents
Companies covered:
BASF SE, Evonik Industries AG, Clariant International AG, Croda International PLC, DowDuPont Inc., Solvay SA, Arkema S.A., Akzo Nobel N.V., Mitsubishi Chemical Corporation, A. Schulman, Inc.
Increasing demand for biodegradable antistatic agents: With the growing focus on sustainability and reducing environmental impact, there is an increasing demand for biodegradable low molecular antistatic agents. Companies are developing new formulations of antistatic agents that are biodegradable and eco-friendly.
Rising demand for antistatic agents in the healthcare industry: The COVID-19 pandemic has led to an increased demand for antistatic agents in the healthcare industry. Low molecular antistatic agents are used in the manufacturing of personal protective equipment (PPE) and other healthcare products to reduce the risk of static discharge.
Growing use of antistatic agents in packaging: The use of antistatic agents in packaging is growing, particularly in the food and beverage industry. Low molecular antistatic agents are used to reduce static charge build-up and improve the handling and transportation of packaging materials.
Growing demand for antistatic agents in 3D printing: The use of antistatic agents in 3D printing is growing, particularly in the automotive and aerospace industries. Low molecular antistatic agents are used to reduce static charge build-up and improve the printing quality and accuracy.
Stringent regulations: There are stringent regulations on the use of low molecular antistatic agents due to their potential environmental and health impacts. This can lead to increased compliance costs for manufacturers, which can be a restraint on the market.
Fluctuating prices of raw materials: The prices of raw materials used in the manufacturing of low molecular antistatic agents can fluctuate, which can impact the profitability of manufacturers. This can be a restraint on the market, as manufacturers may be hesitant to invest in new products or technologies.
Impact on product properties: The use of low molecular antistatic agents can impact the properties of the products they are used in, such as reducing the mechanical strength of plastics. This can be a restraint on the market, as manufacturers may need to balance the benefits of antistatic properties with the potential impact on product properties.
BASF SE launched a new low molecular weight antistatic agent, Loxiol® P 9146, in 2021. The product is designed for use in the packaging industry and offers excellent antistatic properties.
Evonik Industries AG launched a new low molecular weight antistatic agent, TEGO® Antistat 100, in 2020. The product is designed for use in the plastics industry and offers excellent antistatic properties, as well as improved processability.
Croda International PLC launched a new range of low molecular weight antistatic agents, Atmer® 7400 and Atmer® 7650, in 2019. The products are designed for use in the plastics industry and offer excellent antistatic properties, as well as improved processing and performance.
Acquisition and partnerships
In 2021, BASF SE acquired the Solvay polyamide business, which includes a range of low molecular weight antistatic agents. This acquisition has expanded BASF's product portfolio in the antistatic agents market.
In 2020, Clariant International AG partnered with Floreon-Transforming Packaging Limited to develop biodegradable and compostable plastics with antistatic properties. This partnership aims to offer sustainable solutions to the packaging industry.
In 2019, Croda International PLC acquired Brenntag Biosector, a company specializing in adjuvants and excipients for vaccines. This acquisition has expanded Croda's product portfolio in the healthcare industry, which includes low molecular weight antistatic agents for medical devices and packaging.
Major Players operating in Low Molecular Antistatic Agents Market:
BASF SE
Evonik Industries AG
Clariant International AG
Croda International PLC
DowDuPont Inc.
Solvay SA
Arkema S.A.
Akzo Nobel N.V.
Mitsubishi Chemical Corporation
A. Schulman, Inc.
These companies are major players in the low molecular antistatic agents market, offering a wide range of products and services, and having a strong global presence. They have been focusing on product innovation, strategic partnerships, and acquisitions to strengthen their market position and expand their product portfolios.
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About Author
Yash Doshi is a Senior Management Consultant. He has 12+ years of experience in conducting research and handling consulting projects across verticals in APAC, EMEA, and the Americas.
He brings strong acumen in helping chemical companies navigate complex challenges and identify growth opportunities. He has deep expertise across the chemicals value chain, including commodity, specialty and fine chemicals, plastics and polymers, and petrochemicals. Yash is a sought-after speaker at industry conferences and contributes to various publications on topics related commodity, specialty and fine chemicals, plastics and polymers, and petrochemicals.
The global Low Molecular Antistatic Agents Market size was valued at USD 479.9 million in 2023 and is expected to reach USD 693.0 million in 2030.
The global virtual ICU market size was valued at US$ 479.9 Mn in 2022 and is expected to reach US$ 693.0 Mn by 2030.
Increasing demand for consumer electronics is expected to drive the market
Major players operating in the market include BASF SE, Evonik Industries AG, Clariant International AG, Croda International PLC, DowDuPont Inc., Solvay SA, Arkema S.A., Akzo Nobel N.V., Mitsubishi Chemical Corporation, A. Schulman, Inc.
The market growing at a CAGR of 4.7% during the forecast period.
The market is segmented on the basis of Product Type, Application, End Use Industry, Molecular Weight & Geography.