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Showing posts with the label Antistatic Agent Market

Antistatic Agent Market, Competitors, Growth Rate 2023

  The  antistatic agent market  plays a vital role in various industries by providing solutions to prevent or reduce static electricity-related issues. Static electricity can cause problems such as electrical discharge, dust attraction, and damage to sensitive electronic components. Antistatic agents are chemical compounds that help mitigate these issues by reducing the buildup or dissipation of static charges on surfaces. They find extensive applications in industries like microcellular plastics, polyphenylene sulfide (PPS), and 1,3-propanediol, showcasing their versatility and importance. One of the significant applications of antistatic agents is in the production of microcellular plastics. Microcellular plastics are lightweight materials with a cellular structure composed of tiny bubbles or voids. These plastics possess desirable properties such as low density, improved mechanical strength, and excellent thermal insulation. Antistatic agents are incorporated into the formulation of

Antistatic Agent Market, Demand is expected to grow significantly in the next few years

The CAGR for the anti-static agents market is 3.90% until 2030. The anti-static agents' market value should be USD 437.9 million by 2030. This will be an increase from the market value in 2020 which was USD 357.9 million. They are used on products to avoid the build-up of static current. This is because static build-up impacts processing and can lead to various issues such as dust attraction, drop in quality and performance of the product and handling issues. Moreover, static current increases the risk of electrical shock. Antistatic Agents Market are a must-have in almost every major end-used verticals where application of materials such as plastic and metal is widespread. The global supply of antistatic agents has continued to growth in recent years. This can be attributed to factors such as expansion of large-scale manufacturing sectors and rapid industrialization in fast-developing countries. A large percentage of antistatic agent produced annually is used for treating plastic