PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1460129
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1460129
Antistatic Agents Market size is projected to depict over 5.1% CAGR from 2024 to 2032, due to high demand across packaging, electronics, textiles, and automotive, driven by the necessity to prevent static electricity-related issues during production, transportation, and storage processes. The rapid expansion of the electronics and automotive sectors, particularly in emerging economies is fueling the demand for antistatic agents in electronic devices, automotive components, and textiles. As per the report of India Brand Equity Foundation (IBEF), the electronics manufacturing in India will reach USD 300 billion by 2025-26.
The implementation of stringent safety and quality regulations regarding static control in manufacturing processes is driving the demand for various agents. Rising advancements in antistatic agent formulations is making way for environmentally friendly and long-lasting solutions. The rising awareness and adoption of sustainable practices are promoting the development of bio-based antistatic agents, opening new avenues for industry expansion.
The antistatic agents market is segregated into form, product type, polymer type, end-user, and region.
Based on form, the industry value from the powder segment is anticipated to rise at 5.1% rate until 2032, on account of the ease of handling and application, especially in industries like plastics, coatings, and powders. Powder antistatic agents offer uniform dispersion and excellent coverage, making them ideal for large-scale manufacturing processes. The ability of powder forms to be easily incorporated into existing production lines will also contribute to their growing adoption.
With respect to product type, the antistatic agents market revenue from the fatty acid esters segment is slated to witness 4.3% CAGR between 2024 and 2032, owing to the increasing demand for sustainable and bio-based solutions. Fatty acid esters offer excellent antistatic properties while being derived from renewable sources for aligning with the growing preference for environmentally friendly products. Compatibility with various materials, including plastics and textiles will further enhance the attractiveness, adding to the segment growth.
Regionally, the Asia Pacific antistatic agents industry will showcase 4.4% growth rate during the projected timeframe. This is due to the booming manufacturing sector, particularly in electronics, packaging, and textiles sectors. The increasing adoption of advanced materials and technologies in various industries is boosting the need for effective static control solutions. Rising awareness regarding safety and quality standards will also fuel the market progression.