Nucleating And Clarifying Agents Market Size Worth $614.09 Million By 2030 | CAGR: 7.2%

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

• The clarifying agent segment is fastest growing due to its property to increase transparency in semi-crystalline polymers, which have a wide application in dairy, food & beverage, and pharmaceutical industries and are expected to drive product demand.
• The polypropylene segment is expected to grow over the forecast period owing to its cost-effectiveness and wide application in packaging, the medical industry, and housewares which is fueling the market growth.
• The packaging industry is expected to dominate the market due to advancements in packaging technology which offers thermal stability, strength, and better transparency to the final product.
• The Asia Pacific is expected to grow over the forecast period because of rapid industrialization and rising demand for packaged food products across developing nations in the region, such as India and China.

• Major players operating in the industry include ADEKA CORPORATION, Amfine Chemical Corporation, B.N.Mehra And Co., BASF SE, Deep Masterbatches, Everspring Chemical Co., Ltd, GCH Technology, HPLA Group, Imerys Group, Milliken Chemical, New Japan Chemical Co., Ltd, Palmarole AG, Plastiblends India Limited.

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 Agents
• Clarifying Agents

Nucleating and Clarifying Agents, Form Outlook (Revenue - USD Million, 2018 - 2030)

• Powder
• Granules
• Liquid

Nucleating and Clarifying Agents, Polymer Outlook (Revenue - USD Million, 2018 - 2030)

• PP
  • Homopolymer
  • Random Copolymer
  • Impact Copolymer
• PE
• PET
• Others

Nucleating and Clarifying Agents, Application Outlook (Revenue - USD Million, 2018 - 2030)

• Packaging
• Consumer Products
• Automotive
• Electronics
• Others

Nucleating and Clarifying Agents, Regional Outlook (Revenue - USD Million, 2018 - 2030)

• North America
  • U.S
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
• Latin America
  • Argentina
  • Brazil
  • Mexico
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa