The global nucleating and clarifying agents market size is expected to reach USD 614.09 million by 2030, according to a new study by Polaris Market Research. The report “Nucleating And Clarifying Agents Market Share, Size, Trends, Industry Analysis Report, By Agent; By Form (Powder, Granules and Liquid); By Polymer; By Application; By Region; Segment Forecast, 2022 - 2030” gives a detailed insight into current market dynamics and provides an analysis of future market growth.
The extensive utilization of numerous types of polymers, such as polypropylene (PP), polyethylene (PE), and polyethylene terephthalate (PET), to manufacture the end products for automobile, packaging, food & beverage, and pharmaceutical industries is driving the market growth. Also, increasing demand for these agents in the pharmaceutical industry opens up many opportunities for manufacturers operating in the market.
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The demand for polyethylene, due to its better mechanical properties and cost-effective nature, has wide applications in the building and construction sector, such as wall covering, electric wiring, and waterproofing. Furthermore, technological advancement to make lightweight materials for end-use applications has increased the demand for plastic, eventually influencing the market growth.
The COVID-19 pandemic had a negative impact on the demand for nucleating and clarifying agents on account of supply change disruption and large-scale manufacturing interruption due to lockdowns and shutdowns of end-use industries. However, as the activities resumed in 2021, the demand for automotive and consumer products positively influenced the market.
Nucleating And Clarifying Agents Market Report Highlights
Polaris Market Research has segmented the nucleating and clarifying agents report based on, agents, form, polymer, application, and region:
Nucleating and Clarifying Agents, Agent Outlook (Revenue - USD Million, 2018 - 2030)
Nucleating and Clarifying Agents, Form Outlook (Revenue - USD Million, 2018 - 2030)
Nucleating and Clarifying Agents, Polymer Outlook (Revenue - USD Million, 2018 - 2030)
Nucleating and Clarifying Agents, Application Outlook (Revenue - USD Million, 2018 - 2030)
Nucleating and Clarifying Agents, Regional Outlook (Revenue - USD Million, 2018 - 2030)