China Anti-fog Additives Market Size & Outlook, 2021-2030
China anti-fog additives market, 2018-2030 (US$M)
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China anti-fog additives market highlights
- The China anti-fog additives market generated a revenue of USD 351.0 million in 2021 and is expected to reach USD 708.8 million by 2030.
- The China market is expected to grow at a CAGR of 8.1% 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 351.0 million |
| Market revenue in 2030 | USD 708.8 million |
| Growth rate | 8.1% (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, China accounted for 19.5% 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 Asia Pacific, China anti-fog additives market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 240.1 million by 2030.
Glycerol esters was the largest segment with a revenue share of 32.45% in 2021. Horizon Databook has segmented the China 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 robust presence of milk production units in China as a result of presence of dairy farming infrastructure is expected to promote the usage of anti-fog additives in formulation of packaged products for maintaining freezing properties.
In addition, low manufacturing cost and high demand centers are expected to remain a major favorable factors for promoting investments in food & beverage industry of China and thus likely to improve anti-fog additives demand over the next eight years.
Robust production base of food & beverage industry in China on account of raw material access and increasing domestic consumption is expected to fuel anti-fog additives demand in the near future. In addition, grooming hotel and restaurant industry along with expansion of retail chains particularly supermarkets are likely to promote the usage of plastics packaging and will fuel the demand for 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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China anti-fog additives market size, by product, 2018-2030 (US$M)
China Anti-Fog Additives Market Outlook Share, 2021 & 2030 (US$M)
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