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Nucleating & Clarifying Agents Market Size, Share & Industry Analysis, By Form (Powder, Granular, Liquid), By Polymer (Polypropylene, Polyesters, Polyethylene, Others), By Application (Consumer Goods, Automotive, Packaging, Electronics, Others) Others and Regional Forecast, 2024-2032

Region :Global | Report ID: FBI102360 | Status : Ongoing

 

KEY INDUSTRY INSIGHTS

Nucleating & Clarifying Agents are the performance additives added wide range of polymers to modify their inherent properties. Clarifying agent is mainly added to increase transparency, surface smoothness and stiffness of the base polymer such as polyethylene, polypropylene and others. Nucleating agent is added to enhance rigidity, heat resistance, flexural strength, etc. of the base polymer material. Various types of nucleating & clarifying agents are available in the market based on the use for specific polymer type and performance modification.


Nucleating & Clarifying Agents are prominently used to modify the properties of polypropylene to achieve the desired crystallinity and other set of properties. The consumption of polypropylene is continuously increasing across various end-use industries. Packaging & consumer goods are the fastest growing segments for polypropylene and nucleating & clarifying agents as well. 

Up Arrow

Key Market Driver -

Increasing adoption of nucleating & clarifying agents in polypropylene is leading the market demand.

Down Arrow

Key Market Restraint -

Implementation of stringent environmental regulations.

  

However, the implementation of stringent environmental regulations is hamper the market growth. The rising awareness on the health hazards caused by plastic waste is encouraging consumers to use plastic alternatives. The poor recycling ratio of plastic and improper waste management has led to serious environmental concerns for the major economies in the world. This has compelled lawmakers to frame and implement stringent regulations for the welfare of consumer.

Market Segmentation:


On the basis of form, the nucleating & clarifying Agents market is segmented into powder, granular, and liquid. Based on polymer, the nucleating & clarifying Agents market is classified into polypropylene, polyethylene, polyesters and others. On the basis of application, the market is segmented into consumer goods, automotive & transportation, packaging, electronics, others. From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.

Key Players Covered:


The global nucleating & clarifying agents market is fairly consolidated with only a few players operating in the market. Some of the prominent manufacturers in the global nucleating & clarifying agents market include- BASF SE, Amfine Chemical Corporation, Adeka Corporation, Milliken & Company, Polyone Corporation, Imerys Performance Additives, zibo rainwell co ltd, Blend Colours Pvt. Ltd., GCH TECHNOLOGY CO., LTD., New Japan Chemical Co., Ltd., TRAMACO GmbH, Rifra Masterbatches S.p.A., Plastiblends, Eutec Chemical Co., Ltd, Clariant AG and others.

Key Insights



  • New Advancements in Production Technologies

  • Key Trends in nucleating & clarifying agents market

  • New Product Launches, Expansions, Key Players

  • Regulatory Landscape

  • Porters Five Forces Analysis


Regional Analysis:


On a geographical basis, the nucleating & clarifying agents market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Asia-Pacific accounts for major share in the global nucleating & clarifying agents market. The economic growth in China has firmly driven the market growth over the years. Besides, Japan, South Korea, Taiwan, India, etc. are also amongst the major market in the region. Consumer goods and packaging industries are rapidly expanding their footprints in the region which is expected to support the market growth over the forecast period. Europe & North America also account for significant share in the global market.

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Europe is expected to witness minimal growth in the market owing to changing regulatory policies on the use of plastics along with diversion in the consumer preferences. European union has voted out for complete ban on single use plastics by 2021 which is likely to impact the market growth over the forecast period. North America is also expected to witness similar stringent regulations of the use of plastics and affect the market growth. Packaging industry is witnessing healthy growth in Latin America region which is expected to create sound growth opportunities for nucleating & clarifying agents market. However, political and economic instability may hamper the market expansion over the forecast period. Middle East & Africa is relatively small market for nucleating & clarifying agents. GCC countries, Egypt and South Africa are the major drivers of the market in the region. Political and social instability in the region is likely to affect the market growth over the foreseeable period.

Segmentation


























 ATTRIBUTE

 DETAILS

By Form



  • Powder

  • Granular

  • Liquid



By Polymer



  • Polypropylene

  • Polyesters

  • Polyethylene

  • Others



By Application



  • Consumer Goods

  • Automotive

  • Packaging

  • Electronics

  • Others



By Geography



  • North America (USA, Canada)

  • Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)

  • Asia Pacific (Japan, China, Taiwan, India, South Korea, Southeast Asia and Rest of Asia Pacific)

  • Latin America (Brazil, Mexico, Rest of Latin America)

  • Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)



Nucleating & Clarifying Agent Industrial Developments



  • August, 2019, – Milliken & Company, a manufacturer of specialty products headquartered in the United States, announced the construction of new production facility for plastic additives in Singapore, to strengthen its position in Asia-Pacific market.

  • November, 2019, – Adeka Corporation, a manufacturer of polymer additives, announced expansion of both office and warehouse in Europe to support the growth in the region.  





  • Ongoing
  • 2023
  • 2019-2022
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