Anti-block Additives Market: Global Opportunity Analysis and Industry Forecast, 2021-2031 Market

Anti-block Additives Market Analysis 2020-2027:

Anti-block additive is added to plastic sheets and films to prevent them from sticking to each other. Anti-block additives are used in production of polyolefin films for food packaging and agriculture industries. Such films improve the life cycle and performance of the films. They are used in polyolefin films, which are effective for preserving and protecting the quality and increasing the shelf life of different products, including medicines & drugs, electronic goods, and processed & semi-processed foods.  These are used in various polymers, including LDPE, LLDPE, HDPE, BOPP, and PVC.

COVID-19 impact analysis

• In the packaging industry, by material, the plastics sector has the highest demand. A number producers who initially used other types prefer plastic for apparent healthcare safety, as it is much safer, more affordable, and long-lasting. For instance, the medical industry has been using plastic for packing medicines. 
• Most of the packaging companies, such as Mondi and Packaging Corp. of America who were on the verge of shutting down during the outbreak of COVID-19  are now gradually gaining traction in the market, as the demand for this sector has increased drastically. 
• However, owing to the current crisis in China, the medical device manufacturers across globe are finding it difficult to import raw materials and electronic components from Chinese factories. This will lead to lead to decline in the demand for various ant-block additives for medical devices.

Top impacting factors: market scenario analysis, trends, drivers, and impact analysis

The demand for sheets and films used in packaging applications has increased. Easy availability and low cost of inorganic anti-block additives compared to organic type will positively influence the market growth. Increase in awareness among consumers for convenience and ready-to-eat packaged food drives the market growth. Moreover, rise in need for packaging in the pharmaceutical industry is expected to drive the growth of the global anti-block additives market. The agriculture industry majorly use greenhouse sheets and films for packaging applications. Greenhouse films are desired to be UV resistant and thermally stable. Polyolefin films are used for this purpose. Increased demand for anti-block additives from the agricultural sector is projected to boost the anti-block additives market.

However, considering the environmental concerns associated with the use of plastic, the government and industry players are players are shifting toward recycling of polyethylene-based plastic products, which may negatively impact the market growth. The recycling of various polyethylene-based plastic products need less or no anti-block additives during the processing. 

Surge in usage in anti-block additives and industrial applications

The global anti-block additives market, by region, is segmented into North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Asia-Pacific is anticipated to be the rapidly growing anti-block additive market, in terms of value, due to increase in agricultural output from this region. On the other side, rise in packaging application in countries such as Japan, India, and South Korea is expected to boost market. 

Key benefits of the report

• This study presents the analytical depiction of the global Anti-block additives market along with the current trends and future estimations to determine the imminent investment pockets.
• The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global Anti-block additives market share.
• The current market is quantitatively analyzed from 2020 to 2027 to highlight the market growth scenario.
• Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
• The report provides a detailed market analysis depending on competitive intensity and how the competition will take shape in coming years. 

Questions answered in the global anti-block additives market research report:

• Which are the leading players active in the global anti-block additives market?
• What are the upcoming trends in the global anti-block additives market?
• What are the driving factors, restraints, and opportunities of the market?
• What are the projections for the future that would help in taking further strategic steps?

 Anti-block Additives Market: Global Opportunity Analysis and Industry Forecast, 2020–2027 Report Highlights