Asia Pacific Anti-fog Additives Market Size & Outlook
Asia Pacific anti-fog additives market, 2018-2030 (US$M)
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Asia Pacific anti-fog additives market highlights
- The Asia Pacific anti-fog additives market generated a revenue of USD 646.8 million in 2021.
- The market is expected to grow at a CAGR of 7.8% from 2022 to 2030.
- In terms of segment, glycerol esters was the largest revenue generating product in 2021.
- Polyglycerol Esters is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2022 to 2030.
Asia Pacific data book summary
| Market revenue in 2021 | USD 646.8 million |
| Market revenue in 2030 | USD 1,276.6 million |
| Growth rate | 7.8% (CAGR from 2021 to 2030) |
| Largest segment | Glycerol esters |
| Fastest growing segment | Polyglycerol Esters |
| Historical data covered | 2018 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Glycerol Esters, Ethoxylated Sorbitan Esters, Polyglycerol Esters, Sorbitan Esters, Polyoxyethylene Esters |
| Key market players worldwide | Clariant AG, Akzo Nobel NV, Ashland Inc, Croda International PLC, Evonik Industries AG, Avient Corp, DuPont de Nemours Inc, Palsgaard, Lifeline Biotechnologies Inc |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 36.0% of the global anti-fog additives market in 2021.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,276.6 million by 2030.
Glycerol esters was the largest segment with a revenue share of 32.59% in 2021. Horizon Databook has segmented the Asia Pacific anti-fog additives market based on glycerol esters, ethoxylated sorbitan esters, polyglycerol esters, sorbitan esters, polyoxyethylene esters covering the revenue growth of each sub-segment from 2018 to 2030.
The positive outlook in food & beverage sector in countries including China, India, Thailand, Malaysia, Vietnam and Bangladesh on account of population growth, changing lifestyle and increasing disposable income is projected to increase the demand for anti-fog additives.
However, low adoption rates for using functional ingredients including anti-fog additives in packaging industry of developing countries including Thailand is expected to limit the market size over the projected period.
Over the past few years, Malaysia and Indonesia have emerged as a manufacturing hub of oleochemicals on account of easy availability of oilseeds including palm oil. As a result, the antifogging additives manufacturers are expected to open production units in the vicinity over the next eight years.
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Anti-Fog Additives Market Scope
Anti-Fog Additives Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific anti-fog additives market size, by country, 2018-2030 (US$M)
Asia Pacific Anti-Fog Additives Market Outlook Share, 2021 & 2030 (US$M)
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