The report provides a comprehensive overview of the global nucleating and clarifying agents market, covering the growth drivers and restraints influencing its trajectory.
Albany, NY -- (SBWIRE) -- 03/06/2017 -- Global Nucleating and Clarifying Agents Market: Overview
The global nucleating and clarifying agents market is forecast to exhibit a strong growth between 2017 and 2025. Growth witnessed in the market will be driven by the increasing demand for rigid packaging in the food and beverages sector. Also the market as per experts will benefit from the extensive use of nucleating and clarifying agents for reducing the time taken during polymer processing. This trend are projected to catalyze the demand for nucleating and clarifying agents market as reduced production time helps boost its pace, thereby ensuring better efficacy in polymer production for various applications.
Based on polymer, the market is currently witnessing significantly high demand for polypropylene (PP), polyethylene terephthalate (PET), and polyethylene (PE) among others. The demand mostly originates from consumer products, packaging, and automotive industries, which also constitute the key market segments based on application. Of these, since nucleating agents are most required during packaging to minimize the risk of damages during transportation, the demand from the packaging industry is expected to be significantly high.
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The report provides a comprehensive overview of the global nucleating and clarifying agents market, covering the growth drivers and restraints influencing its trajectory. It also identifies the opportunities that the market players can gain from over the course of the forecast period. Exhaustive information included in the report is thus aimed at providing an executive-level blueprint of the global nucleating and clarifying agents market.
Global Nucleating and Clarifying Agents Market: Trends and Opportunities
The extensive use of various types of polymers such as PET, PE, and PP in day-to-day applications, will enable the global nucleating and clarifying agents market spawn into a multi-billion dollar industry by the end of 2025. Besides this, rapid growth witnessed in the industrial sector across Brazil, India, and Mexico. As these countries also demonstrate a large presence of converters, plastic manufacturers, and compounders, the demand for nucleating and clarifying agent is expected to remain high for better productivity. Nucleating agents help in reducing the cycle time taken for processing polymers, this in turn helps increasing the rate of production. Spurred by these factors the demand for nucleating and clarifying agents is expected to increase at a robust pace in the coming years.
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Global Nucleating and Clarifying Agents Market: Regional Outlook
Regionally, Asia Pacific is forecast to exhibit the most lucrative opportunities for the nucleating and clarifying agents market. The per capita consumption of plastic has significantly risen in the region, which in turn is expected to create the demand for nucleating agents, use to catalyze the production rate of different polymers. Besides this, the market is also expected to gain from the rising disposable income of consumers in this region. Due to their higher affordability, the demand for electronics, furniture, household items, and others has increased considerably. This in turn will gain traction to the nucleating and clarifying agents market in Asia Pacific.
Global Nucleating and Clarifying Agents Market: Vendor Landscape
A detailed assessment of the competitive landscape is provided in the report, to help readers gauge the impact of the recent business policies on the overall market. This section therefore covers profiles of some of the leading market players, their product portfolio, recent mergers and acquisitions, and market strategies. Valuable data is also sourced from their financial records. To identify their strengths and weaknesses SWOT analysis is conducted. This also presents insights into the opportunities and threats that the market players may face during the forecast period.
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Some of the most prominent companies operating in the market are Milliken & Company, Adeka Corporation, Imerys - French Limited Liability Company, and Clariant AG.
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