The Rapid Growth In Population And Urbanization To Boost The Growth Of Antistatic Agents Market

Antistatic agents are employed in procedure for the low-pressure polymerization of olefins to prevent electrostatic charging of the creation of polymer elements. It is known that the antistatic agents decrease wall sheeting and creation of polymer agglomerates in the polymerization receptacle and downstream devices. Antistatic agents prevent or reduce accumulation of static electricity on surfaces. Fatty acid esters, quaternary ammonium compounds, alkylsulfonates, ethoxylated amines, and alkylphosphates are some of the widely used antistatic agents. Antistatic agent eliminates problems such as dust pick up, and electrical discharge

Key players involved in the global antistatic agents market are, DowDuPont Inc., Mitsubishi Chemical Corporation, Akzo Nobel N.V., 3M Company, Ampacet Corporation, Clariant AG, Arkema Group,  BASF SE, Kenrich Petrochemicals Inc., Croda International plc., and Solvay S.A. among others.

The rapid growth in population and urbanization is expected to augment the growth of global antistatic agents market. For instance, as per WUP, around 56.61% of the global population live in urban areas in 2021 and the number is predicted to cross 68% by 2050.

The rising need for antistatic agents in several applications such as paints and coatings, building materials, packaging materials and others is predicted to fuel the growth of global antistatic agent market. For instance, as per the facts and figures published by a report the paints and coating industry was valued at US$ 160.03 billion in 2021and the number is expected to reach US$ 235.06 billion by 2029.

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