Global Nucleating and Clarifying Agents
Market Report
2024
Nucleating and Clarifying Agents market was valued at USD 351 million in 2022 and will reach USD 612.1 million by 2030, registering a CAGR of 7.2 % for the forecast period 2023-2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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The global Nucleating and Clarifying Agents market was valued at USD 351 million in 2022 and will reach USD 612.1 million by 2030, registering a CAGR of 7.2 % for the forecast period 2023-2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Nucleating and Clarifying Agents Market Sales Revenue 2022 | $ 351 Million |
Global Nucleating and Clarifying Agents Market Sales Revenue 2030 | $ 612.1 Million |
Global Nucleating and Clarifying Agents Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 7.2% |
Market Split by Type |
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Market Split by Application |
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Market Split by Form |
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Market Split by Polymer Type |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Nucleating and Clarifying Agents Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Nucleating Agents give polymers a higher degree of crystallinity, resulting in upgraded mechanical properties such as hardness and flexural modulus. Clarifying agents have the additional benefit of building on optical properties, particularly transparency. All clarifying agents are nucleating agents but all nucleating agents are not clarifying agents. Polypropylene is a widely used polymer employed in diverse applications due to its excellent combination of properties. Its mechanical, physical, and optical properties can further be enhanced with the suitable use of nucleating agents and clarifying agents. Nucleation helps to improve clarity, strength, stiffness, processibility, and heat deflection temperature and reduces cycle time, haze, pigment sensitivity, and warpage. Drastic growth in the use of polymers in various end-use industries like automobile, food and beverages, pharmaceutical, chemical, and consumer goods will drive the Nucleating and Clarifying Agents market in the future. Strict government rules and regulations on the use of polyethylene are likely to hinder the growth of Nucleating and Clarifying Agents during the forecast period.
The syringes and saline bottles used in the pharmaceuticals should be transparent. Transparency is a must to understand the accurate dose of medication. The transparent bottles and syringes make it easy to monitor the medicinal dosage. Nucleating and Clarifying additives are used to raise the transparency of pharmaceutical equipment. The growing demand of the pharm industry is likely to boost the Nucleating and Clarifying Agents market.
The demand for the packaging industry is rising due to the increased demand for plastic packaging by the food and beverage industry. The Nucleating and Clarifying agents help to induce transparency and aesthetic look of packaging which attract consumers. About 51% of the global population lives in urban cities. The rising disposable income, changing lifestyle, and hectic work is changing the eating habits of the consumer. As a result, the need for packaged food is increasing. Even the growth of the e-commerce industry will increase the demand for the packaging industry. Hence use of more plastic in the packaging industry will boost the Nucleating and Clarifying Agents Market.
Plastics are non-biodegradable in nature which decreases soil fertility. The waste from the plastic manufacturing industry is thrown into the water resources which causes water pollution. The rising concerns of greenhouse gas emissions cause air pollution. According to the Inventory of U.S. Greenhouse Gas Emissions and Sinks, the total GHG emission in 2021 was 6,340 million metric tons of CO2 equivalent. Various new laws have been introduced to control plastic waste. To reduce plastic pollution, The Plastic Waste Management (Amendment) Rules, 2022, came into effect on July 1, 2022. The rule banned the nationwide manufacture, import, stocking, distribution, and sale of plastic and also bans the use of specific single-use plastic items that have low utility and high littering potential. Hence stringent rules of government to restrict plastic usage will hamper the Nucleating and Clarifying Agents market.
The outbreak of COVID-19 has witnessed a negative impact on the Nucleating and Clarifying Agents market growth. During the pandemic, the lockdown and stringent government rules were implemented across several nations which disrupted the manufacturing and supply chain products. Decreased production of packaged food due to shortage of raw material, labour, etc. this ultimately resulted in a decreased need for Nucleating and Clarifying Agents required for packaging. During the pandemic, the automobile industry has also decreased drastically. Such factors have restrained the growth of the Nucleating and Clarifying Agents market.
Post-pandemic all the activities resumed and witnessed a positive impact. Due COVID-19 pandemic, consumers are now more health conscious, and demand for packaged food is increasing gradually which rise the supply of Nucleating and Clarifying Agents in the packaging industry.
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Borealis introduces PP mono-material pouch for food packaging.
Borealis company from Austria has launched a new high-barriers polypropylene mono-material pouch for dry food packaging. The new pouches have been designed to meet the broader recycling and waste reduction targets stated under the European Commission’s Packaging and Packaging Waste Regulation (PPWR). The mono-material pouch is highly cost-effective. It has been developed in collaboration with value chain partners, including Jindal Films, Mitsui Chemical Group, Profol, and Finnish company Huhtamaki Flexible Packaging.
Milliken and PureCycle together launched the new concentrate using recycled PP resin.
Milliken & Company, a trusted expert in polymer additive and colorant technology, and diversified global manufacturer, and PureCycle Technologies, Inc. jointly announced that they have created the first fully sustainable concentrate for PP on the market. Additionally, when the new concentrate is used in combination with PureCycle's recycled PP, it produces a formulation with a carbon footprint (GHG) approximately 35% lower than that of virgin PP.
Top Companies Market Share in Nucleating and Clarifying Agents Industry: (In no particular order of Rank)
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The rapid urbanization and industrialization in the developing nations of the Asia-Pacific region will drive the Nucleating and Clarifying Agents market during the forecast period. Rising disposable income and purchasing power of the middle class boost the demand for more end-use industries like automobile, packaging, cosmetics, healthcare, and construction industry which ultimately increases the demand for the Nucleating and Clarifying Agents market. China is the largest producer of plastics with almost 30% of overall world plastic production. Also, the Asia-Pacific region consists of the largest food packaging companies. Hence Asia-Pacific region is the largest producer as well as consumer of plastics which is likely to have a positive impact on the market. The booming automobile industry in developing countries like India, China, Singapore, and Indonesia will boost the Nucleating and Clarifying Agents market. All such components make the Asia-Pacific region dominate the Nucleating and Clarifying Agents market during the forecast period.
The current report Scope analyzes Nucleating and Clarifying Agents Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only. To learn more about geographical trends request the free sample pages. Contact US!
Global Nucleating and Clarifying Agents Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Nucleating and Clarifying Agents Industry growth. Nucleating and Clarifying Agents market has been segmented with the help of its Type, Application Form, and others. Nucleating and Clarifying Agents market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
The Clarifying Agents segment is projected to grow at the highest CAGR during the forecast period:
The Nucleating and Clarifying Agents Market is segmented by type into Clarifying Agents and Nucleating. The clarifying agents provide smaller crystallites that scatter less light and provide better clarity for the same wall thickness of a part. Increasing the demand for clarifying agents in various end-use industries including, packaging, pharmaceutical, and consumer goods makes clarifying agents segment grow during the forecast period.
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The Packaging segment is projected to grow at the highest CAGR during the forecast period:
By application, the market is divided into consumer goods, electronics, and packaging segments. Rapid urbanization and a growing population are increasing the demand for packaged foods. The transparent packages give clear visuals which attract customers. Hence the demand from the food industry is increasing day by day. The packaging segment is booming due to the use of polymer in the production of pharmaceutical products. Also, the demand from the end-use industry like cosmetics for lightweight, durable, and flexible packages is increasing which fuels the segment.
The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Nucleating and Clarifying Agents market report 2024 Edition by contacting our team.
The Granule Nucleating and Clarifying Agents segment is projected to grow at the highest CAGR during the forecast period:
Based on form, the Nucleating and Clarifying Agents market is divided into Granules and Powder. The granule form is the aggregation of the powder form. The granule form is more stable than the powder form. Hence the granule form is widely used to manufacture cosmetics and different medicines. Additionally, there is tremendous demand in the chemical, food and beverage, and automotive industries due to high material handling properties and high efficiency. Also, the granule form is more cost-effective. All such reasons will drive the granule segment during the forecast period.
The Polypropylene type of polymer is projected to grow at the highest CAGR during the forecast period:
The type of polymer divides the market into Polyethylene, Polypropylene, and Polyethylene terephthalate. Polypropylene is used in almost every modern industry. Polypropylene has different characteristics such as transparency, semi-rigidness, chemical resistance, heat resistance, and flexibility because of which the demand is more from end-use industries like automobile, building and construction, healthcare, electronics, and packaging industry. The increasing demand for propylene in the end-use industry will boost the segment in the upcoming years.
Research Associate at Cognitive Market Research
Anushka Gore is a seasoned market researcher specializing in the dynamic landscape of the Pharmaceutical industry. With a keen analytical mind and a deep passion for healthcare advancements, she has dedicated herself unraveling the intricate market trends and consumer behaviors that shape the future of medical technologies and services.
Anushka is a highly motivated and detail-oriented research analyst with a passion for uncovering valuable insights from data. Her expertise in Market Research and business intelligence has equipped her with the skills necessary to analyze complex information and provide strategic recommendations. She thrives in dynamic environments where her analytical abilities and research expertise can contribute to informed decision-making for businesses
I played a pivotal role in conducting market research and competitive analysis. I have a demonstrated ability to synthesize diverse data sources, identify trends, and translate findings into actionable recommendations. My collaborative approach facilitated effective communication of insights, fostering a data-driven culture within the organization. I am committed to maintaining excellence through continuous learning and staying ahead of industry trends. Regular participation in conferences and professional development opportunities keeps my skills sharp and relevant.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Nucleating and Clarifying Agents Market is witnessing significant growth in the near future.
In 2023, the Clarifying Agents segment accounted for noticeable share of global Nucleating and Clarifying Agents Market and is projected to experience significant growth in the near future.
The Consumer Products segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies BASF SE , Kerry Group and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Disclaimer:
Type | Clarifying Agents, Nucleating Agents |
Application | Consumer Products, Electronics, Packaging |
Form | Granules, Powder |
Polymer Type | Polyethylene, Polypropylene, Polyethylene terephthalate |
List of Competitors | BASF SE, Imerys S. A, Kerry Group, Milliken & Company, Clariant, Adeka Corporation, Wacker Chemie AG, BASF, Shandong Rainwell New Materials Technology Co.Ltd., PolyOne, New Japan Chemical Co.Ltd., GCH Technology, Avient Corporation, Zibo Rainwell Chemical, Ta Haw Enterprise Co. Ltd., Yantai Zhichu. |
This chapter will help you gain GLOBAL Market Analysis of Nucleating and Clarifying Agents. Further deep in this chapter, you will be able to review Global Nucleating and Clarifying Agents Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
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Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
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Qualitative Analysis for the North America Market: North America Nucleating and Clarifying Agents Market Trends North America Nucleating and Clarifying Agents Technological Road Map North America Nucleating and Clarifying Agents Market Drivers North America Nucleating and Clarifying Agents Market Restraints North America Nucleating and Clarifying Agents Market Opportunity Market Attractiveness Analysis COVID – 19 Impact Analysis PESTEL Analysis Porter’s Five Forces Analysis Product Life Cycle Industrial Chain Analysis
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Chapter 3 Europe Market Analysis
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Chapter 4 Asia-Pacific Market Analysis
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Chapter 5 South America Market Analysis
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Chapter 6 Middle East and Africa Market Analysis
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Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
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Chapter 11 Market Split by Application Analysis 2019 -2031
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Chapter 12 Market Split by Form Analysis 2019 -2031
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Chapter 13 Market Split by Polymer Type Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Nucleating and Clarifying Agents market
Chapter 14 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Clarifying Agents have a significant impact on Nucleating and Clarifying Agents market? |
What are the key factors affecting the Clarifying Agents and Nucleating Agents of Nucleating and Clarifying Agents Market? |
What is the CAGR/Growth Rate of Consumer Products during the forecast period? |
By type, which segment accounted for largest share of the global Nucleating and Clarifying Agents Market? |
Which region is expected to dominate the global Nucleating and Clarifying Agents Market within the forecast period? |
Segmentation Level Customization |
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