The Nucleating and Clarifying Agents Market is predicted to expand from $ 4.3 billion in 2022 to reach $ 6.6 billion in 2028, at an annual rate of 8.3% between 2023-2028
Nucleating agents involve chemicals that enhance the crystallization of polymers that are originally semi-crystalline. They are commonly employed as additives for semi-crystalline polymers and work by providing a heterogeneous surface in nature for a molten polymer. This allows modifying the entire crystallization process by thermodynamic procedures. Through the use of nucleating agents, the polymer can crystallize from its molten form at a higher temperature, while further escalating the rate of crystallization and nucleation. Commonly employed nucleating agents offer the additional advantage of forming smaller crystals with a larger number of spherules. This causes the polymer to have a higher thermal deflection temperature and a better relationship between stress and bending deformation. Clarifying agents are employed to remove suspended solid particles from a given liquid by a process known as flocculation. This is where the solids begin to accumulate and form scales that eventually precipitate or settle to the bottom, making it easier to remove.
The main factors that are driving expansion in the nucleating and clarifying agent market are the rise in plastic consumption worldwide and the call for additives in packaging. Also, the escalated employment of plastics in pharmaceutical uses behaves as a catalyst for nucleating and clarifying agent market growth throughout the foreseen period. The escalated use of plastics in different applications is predicted to stimulate market expansion. Some of the factors, such as the escalating call for polymers in packaging applications, their ability to increase crystallization speed and improve optical properties, the rising call for consumer and packaging products, and rapid industrialization will also accelerate the global nucleation and clarification agents market during the foreseen period. Rising awareness of the negative impact of plastics and rising environmental concerns should hamper market expansion during the foreseen period mentioned.
The expansion observed in the market will be driven by the rising call for rigid packaging in the food and beverage sector. Experts say the market will also benefit from the intensive use of nucleating agents and clarifying agents to reduce the time required to process polymers. This trend is predicted to catalyze the market calls for nucleating and clarifying agents, as the reduced production time helps to accelerate their speed, thus ensuring better efficiency in the production of polymers for various applications. The rising call for nucleating agents and clarifying agents in the pharmaceutical industry offers a great market opportunity for the main players operating in the global nucleating and clarifying agent market. However, a rising awareness of the negative impact of plastics on the environment should hinder the overall expansion of the nucleation and clarification agent business.
REPORT METRIC |
DETAILS |
Market Size Available |
2022-2028 |
Base Year |
2022 |
Forecast Period |
2023-2028 |
CAGR |
8.3% |
Segments Covered |
|
Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities |
Regions Covered |
|
Market Leaders Profiled |
Milliken & Company (US), ADEKA CORPORATION (Japan), BASF SE (Germany), Clariant AG (Switzerland), PolyOne Corporation (US), Imerys S.A. (France), Zibo Rainwell Chemical Industry Co., Ltd. (China), GCH Technology Co., Ltd. (China), Plastiblends India Limited (India), and New Japan Chemical Co., Ltd. (Japan) |
The powder sector is predicted to dominate the nucleating and clarifying agents business throughout the foreseen period. The ability to produce a soft texture on the finished product surface is driving the expansion of this sector.
Polypropylene (PP)
Polyethylene (PE)
Polyethylene Terephthalate (PET)
Others
The PP sector is predicted to hold a prominent share of the industry in the coming years. PP is a semi-crystalline polymer, which takes a lot of time to crystallize while the procedure is going on. In general, these agents are used to improve the crystallization rate, and optical properties and increase overall production.
Packaging
Consumer Products
Automotive
Electronics
others
On the basis of application, the packaging sector is predicted to be the biggest industry for nucleating and clarifying agents throughout the foreseen period on the basis of worth and volume.
North America Nucleating and Clarifying Agents Industry include U.S and Canada.
Europe Nucleating and Clarifying Agents Industry include the UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic & Rest of Europe.
Asia Pacific Nucleating and Clarifying Agents Industry include India, China, Japan, South Korea, Australia & New Zealand, Thailand, Malaysia, Vietnam, Philippines, Indonesia, Singapore & Rest of APAC.
Latin America Nucleating and Clarifying Agents Industry include Brazil, Mexico, Argentina, Chile & Rest of LATAM.
Middle East & Africa Nucleating and Clarifying Agents Industry include KSA, UAE, Israel, rest of GCC countries, South Africa, Ethiopia, Kenya, Egypt, Sudan, rest of MEA.
The Asia-Pacific nucleating and clarifying agent market is predicted to grow at a substantial rate between 2020 and 2025. Market expansion in this region is primarily attributed to escalating consumer purchasing power. Therefore, in turn, it has resulted in an escalated call for higher-quality packaged foods and consumer products, which has resulted in higher usage of nucleating and clarifying agents. Asia-Pacific is predicted to dominate the nucleation and clarification agent market during the foreseen period from 2020 to 2025 due to escalated purchasing power of customers and escalated calls for high-quality packaging and consumer products in the area.
The Asia-Pacific region is predicted to present the most lucrative opportunities for the nucleation and clarification agent market. The per capita consumption of plastic has escalated considerably in the locale, which in turn is predicted to generate calls for nucleating agents. Furthermore, the market should also benefit from the escalated disposable income of consumers in this region. Due to its greater accessibility, the call for electronic products, furniture, household items, and more has escalated considerably. This, in turn, will gain ground in the Asia-Pacific nucleating and clarifying agent market.
Riverdale Worldwide Introduces nucleating and clarifying agents for PP and HDPE. The latest part of nucleating and clarifying agents from sealed additive manufacturer Riverdale based in the United States enables processors of polypropylene (PP) and high-density polyethylene (HDPE) to shorten cycle times whilst attaining the price and accuracy benefits of liquid additives over pellet concentrates.
Milliken to introduce at NPE 2018 the latest techniques for extending the performance of PP effect copolymers for injection molding. By enhancing the physical features of post-customer recycled resins, the latest performance modifier lets converters to take higher benefit of their price and sustainability advantages.
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