Canada Anti-fog Additives Market Size & Outlook, 2021-2030
Canada anti-fog additives market, 2018-2030 (US$M)
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Canada anti-fog additives market highlights
- The Canada anti-fog additives market generated a revenue of USD 61.0 million in 2021 and is expected to reach USD 110.1 million by 2030.
- The Canada market is expected to grow at a CAGR of 6.8% 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.
Anti-fog additives market data book summary
| Market revenue in 2021 | USD 61.0 million |
| Market revenue in 2030 | USD 110.1 million |
| Growth rate | 6.8% (CAGR from 2021 to 2030) |
| Largest segment | Glycerol esters |
| Fastest growing segment | Polyglycerol Esters |
| Historical data | 2018 - 2020 |
| Base year | 2021 |
| Forecast period | 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, Canada accounted for 3.4% of the global anti-fog additives market in 2021.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. anti-fog additives market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 160.5 million by 2030.
Glycerol esters was the largest segment with a revenue share of 31.48% in 2021. Horizon Databook has segmented the Canada 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.
Rising demand for frozen foods in Canada on account of increasing popularity of halal freeze goods on a domestic level is projected to fuel the demand for anti-fog additives. Furthermore, Product innovation in agro-foods industry in Canada on account of incorporation of new ingredients including, pea proteins is projected to upscale the requirements of agricultural films and thus likely to promote anti-fog additives in the near future.
Extensive market reach of sorbitol as a sweetener in food & beverage industry on account of regulatory support aimed at promoting good quality functional ingredients is projected to limit the use of sorbitan esters for processing as anti-fog additives.
Growing demand for sugar-free soft drinks in Canada as a result of growing concerns over high cholesterol levels is projected to promote the usage of anti-fog additives. Furthermore, improvement in frozen seafood market in New Brunswick, Nova Scotia, Prince Edward Island, and Newfoundland is expected to increase the application of anti-fog additives 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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Canada anti-fog additives market size, by product, 2018-2030 (US$M)
Canada Anti-Fog Additives Market Outlook Share, 2021 & 2030 (US$M)
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