Japan Anti-fog Additives Market Size & Outlook, 2021-2030
Japan anti-fog additives market, 2018-2030 (US$M)
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Japan anti-fog additives market highlights
- The Japan anti-fog additives market generated a revenue of USD 84.0 million in 2021 and is expected to reach USD 133.6 million by 2030.
- The Japan market is expected to grow at a CAGR of 5.3% from 2022 to 2030.
- In terms of segment, glycerol esters was the largest revenue generating product in 2021.
- Glycerol 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 84.0 million |
| Market revenue in 2030 | USD 133.6 million |
| Growth rate | 5.3% (CAGR from 2021 to 2030) |
| Largest segment | Glycerol esters |
| Fastest growing segment | Glycerol 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, Japan accounted for 4.7% 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 32.5% in 2021. Horizon Databook has segmented the Japan 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.
Innovation in food processing industry of Japan on account of new product launches in terms of frozen items including soy-based milks, and tofu is projected to increase the usage of antifogging in packaging applications.
However, sluggish growth in food & beverage sector of Japan on account of matured phase in manufacturing sector is expected to shrink the market size for anti-fog additives in packaging over the next eight years. Rising consumption of dairy goods including cheese and yogurt in light of new product launches by cooperatives is expected to upscale the requirements of buttermilk and cream powder over the next eight years.
In addition, increasing demand for soy yogurt among youth on account of rising concerns over milk allergy associated with dairy ingredients is expected to promote the packaging applications. The abovementioned favorable trends in Japan food & beverage industry is anticipated to limit the usage 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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Japan anti-fog additives market size, by product, 2018-2030 (US$M)
Japan Anti-Fog Additives Market Outlook Share, 2021 & 2030 (US$M)
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