North America Anti-fog Additives Market Size & Outlook
North America anti-fog additives market, 2018-2030 (US$M)
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North America anti-fog additives market highlights
- The North America anti-fog additives market generated a revenue of USD 456.3 million in 2021.
- The market is expected to grow at a CAGR of 6.7% 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, Mexico is expected to register the highest CAGR from 2022 to 2030.
North America data book summary
| Market revenue in 2021 | USD 456.3 million |
| Market revenue in 2030 | USD 818.2 million |
| Growth rate | 6.7% (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, North America region accounted for 25.4% 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 31.49% in 2021. Horizon Databook has segmented the North America 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 awareness towards anti-fogging characteristics in the U.S. food packaging industry is projected to fuel the demand for anti-fog additives. Furthermore, growing penetration of greenhouse packaging materials in organic farming sector of developed nations including U.S. and Canada is anticipated to upscale the requirements of anti-fog additives.
However, rising manufacturing cost in food & beverage industry on account of increasing labor expenditure is projected to shrink the market size for anti-fog additives in the near future. In October 2012, Emery Oleochemicals announced an investment of USD 50 million for the expansion of oleochemicals production plant located in Cincinnati.
The expansion of oleochemicals production unit in the U.S. is projected to ensure access of fatty acids aimed for manufacturing derivatives including glycerol esters and sorbitol esters as anti-fog additives in food & beverage and agriculture industries in the near future.
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Anti-Fog Additives Market Scope
Anti-Fog Additives Market Companies
| Name | Profile | # Employees | HQ | Website |
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North America anti-fog additives market size, by country, 2018-2030 (US$M)
North America Anti-Fog Additives Market Outlook Share, 2021 & 2030 (US$M)
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