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Nucleating and Clarifying Agents Market Worth $3.8 Billion by 2024 - Exclusive Report by MarketsandMarkets™

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MarketsandMarkets

12 Dec, 2019, 11:30 GMT

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CHICAGO, Dec. 12, 2019 /PRNewswire/ -- According to the new market research report "Nucleating and Clarifying Agents Market by Form (Powder, Granules, Liquid), Polymer (Polypropylene, Polyethylene, Polyethylene Terephthalate), Application (Packaging, Consumer Products, Automotive, Electronics), Region - Global Forecast to 2024" published by MarketsandMarkets, the global nucleating and clarifying agents market size is estimated to be USD 2.8 billion in 2019 and is projected to reach USD 3.8 billion by 2024, at a CAGR of 6.1% from 2019 to 2024. Growth in this market is attributed mainly to the rise in the consumption of plastic across the globe and increase in packaging applications.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=194731108

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 "Nucleating and Clarifying Agents Market"

125 - Tables

36 - Figures

165 - Pages

View detailed Table of Content here https://www.marketsandmarkets.com/Market-Reports/nucleating-clarifying-agent-market-194731108.html

Packaging application segment accounts for the largest share of the nucleating and clarifying agents market in 2018

By application, the packaging segment is anticipated to be the largest market for nucleating and clarifying agents during the forecast period in terms of value and volume. Nucleating and clarifying agents are required in packaging applications to enhance mechanical properties, thermal stability, and impart transparency to the final products, which is expected to drive the market for packaging application. The major drivers that aid the growth of the packaging application are rapid urbanization, changing consumer lifestyle, economic trends, rising health consciousness among different classes of consumers, and developments in packaging materials and technologies.

PP segment projected to lead the nucleating and clarifying agents market during the forecast period.

Based on the polymer, the market has been segmented into PP, PE, PET, and others. The PP segment is estimated to account for the largest share of the nucleating and clarifying agents market in 2019.  PP is a semi-crystalline polymer and takes a long time to crystallize while processing. Thus, nucleating and clarifying agents are used to accelerate the crystallization rate, improve optical properties, and increase the rate of production. The demand for nucleating and clarifying agents for PP polymers is expected to increase due to an increase in the market for packaging and consumer products.

The powder segment is projected to lead the nucleating and clarifying agents market during the forecast period.

The powder segment is estimated to be the largest form segment in 2019. The powder segment accounts for the largest market share in 2018, owing to the capability to generate a smooth texture on the final product surface and reduce the phenomenon of pinhole, big ripple, and snow pattern caused by static defects. Powdered nucleating agents are available in the form of small particles that offer large surface areas and reduce difficulties while compounding with other chemicals or polymers.

Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=194731108

Asia Pacific is expected to lead the market during the forecast period

By region, the Asia Pacific Nucleating and Clarifying Agents Market is projected to grow at the highest rate between 2019 and 2024. The market growth in this region is attributed mainly to the higher purchasing power of the population has led to an increase in the demand for packaged food and superior quality consumer products, in turn, driving the market for nucleating and clarifying agents in the region during the forecast period

Some of the leading manufacturers of nucleating and clarifying agents profiled in this report include Milliken & Company (US), ADEKA CORPORATION (Japan), BASF SE (Germany), Clariant AG (Switzerland), PolyOne Corporation (US), Imerys S.A. (France), Zibo Rainwell Chemical Industry Co., Ltd. (China), GCH Technology Co., Ltd. (China), Plastiblends India Limited (India), and New Japan Chemical Co., Ltd. (Japan).

Get 10% Free Customization on This Report @ https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=194731108

Bundle Reports:

  1. Plasticizers Market 
  2. Plastic Additives Market 
  3. Talc Market 
  4. Masterbatch Market

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Related Reports :

Plastic Additives Market

by Type (Plasticizers, Stabilizers, Flame Retardants, Impact Modifiers), Plastic (Commodity, Engineering, and High Performance Plastic), and by Application (Packaging, Construction, Consumer Goods, Automotive) - Global Trends & Forecasts to 2021

Masterbatch Market by Type (Color, Additive, White, Black, Filler), Polymer (PP, LDPE & LLDPE, HDPE, PVC, PET, PUR, PS), Application (Packaging, Building & Construction, Automotive, Consumer Goods, Textile, Agriculture) - Global Forecast to 2023

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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