Market revenue in 2021 | USD 39.3 million |
Market revenue in 2030 | USD 69.6 million |
Growth rate | 6.5% (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 |
Glycerol esters was the largest segment with a revenue share of 32.32% in 2021. Horizon Databook has segmented the UK 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.
Robust presence of dairy manufacturing units in England and Ireland in light of high prevalence of cattle farms on a domestic level is expected to increase the usage of anti-fog additives in packaging industry. In addition, growing bakery products demand in UK as a result of significant gains in market for cookies and biscuits is expected to increase the packaging industry growth and thus likely to fuel anti-fog additives demand over the forecast period.
In 2009, the Fatty Acid Consortium was established for to bringing together a number of organizations with an interest in a wide range of fatty acids and derivatives. This partnership is projected to play an important role in promoting new investments in new products and manufacturing processes.
Furthermore, growing demand for agriculture packaging films is projected to play a key role in forcing domestic fatty acid manufacturers to develop products including anti-fog additives over the next eight years.
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