The global nucleating & clarifying agents market size is anticipated to reach USD 609.5 million by 2030, registering a CAGR of 7.0% from 2024 to 2030, according to a new report by Grand View Research, Inc. The growth is attributed to the growing demand for transparent packaging in the food & beverages industry as well as increasing consumption in other end-user industries, such as automotive and electronics. The market growth is being driven by the rising demand for transparent packaging in the food and beverage industry. Consumers increasingly seek transparent packaging to visually assess the quality and freshness of products. This trend has created new opportunities for industry growth, as the use of these agents enhances transparency, meeting the consumer demand for visually appealing and informative packaging.
Companies are investing in R&D to introduce advanced products that offer improved properties and performance. This focus on innovation is contributing to the industry expansion by catering to diverse application needs and enhancing the overall quality of polymer materials. The Asia Pacific regional market is being propelled by the rapidly expanding polymer industry. The region, led by countries, such as China, India, Japan, and South Korea, is experiencing substantial polymer consumption. This, in turn, is driving the demand for nucleating and clarifying agents, as they play a crucial role in enhancing the properties of polymer materials. Increasing investments and expansion of polymer businesses & production lines in the region are also acting as drivers of the growing significance of clarifying & nucleating agents in the Asia Pacific polymer industry.
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The granules form segment will witness the fastest CAGR of more than 7.3% from 2024 to 2030 owing to ease in transportation as well as widespread application across end-user industries, such as food & beverages and automotive
Polyethylene is expected to witness the fastest CAGR of 7.4% from 2024 to 2030 due to the rising application in consumer products, plastics, and other end-user industries
Asia Pacific is projected to register the fastest CAGR of 4.8% from 2024 to 2030 on account of government regulations favoring product usage and increasing adoption by civil administration in the region
The market is experiencing growth due to the increased product usage in various sectors, such as electrical & electronics, automotive, building & construction, and paints & coatings
Grand View Research has segmented the global nucleating & clarifying agents market on the basis of basis of form, polymer, end-use, and region:
Nucleating & Clarifying Agents Form Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
Granules
Powder
Liquid
Nucleating & Clarifying Agents Polymer Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
Polypropylene
Polyethylene
Polyethylene Terephthalate
Other Polymers
Nucleating & Clarifying Agents End-use Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
Packaging
Consumer Products
Automotive
Electronics
Other End-uses
Nucleating & Clarifying Agents Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
Asia Pacific
China
Japan
India
South Korea
Central & South America
Brazil
Argentina
Middle East & Africa
Saudi Arabia
South Africa
List of Key Players of Nucleating & Clarifying Agents Market
Adeka Corporation
Amfine Chemical Corporation
BASF SE
Everspring Chemical Co., Ltd.
Palmarole AG
Milliken Chemical
zibo rainwell Co Ltd.
Polyvel Inc.
Teknor Apex
CASE & Plastics
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