The Ultimate Guide To Nucleating And Clarifying Agents Market

The Ultimate Guide To Nucleating And Clarifying Agents Market

The Global Nucleating and Clarifying Agents Market by geography into North America, South America, Europe, Asia-Pacific (APAC), and Middle East

2020-12-29

The global nucleating and clarifying agents market is primarily driven by the increasing consumption of polymers in packaging applications and the rapid growth of industrialization across the world. 

The Asia Pacific nucleating and clarifying agents market is projected to grow at the highest rate between 2019 and 2026. The market growth in this region is attributed mainly to the higher purchasing power of consumers. This, in turn, has led to an increase in the demand for packaged food and superior quality consumer products, resulting in increased consumption of nucleating and clarifying agents. 

The major drivers that aid the growth of the packaging industry are rapid urbanization, changing consumer lifestyles, economic trends, rising health consciousness among different classes of consumers, and developments in packaging materials & technologies. The rising usage of plastics in different applications is expected to drive market growth. Some of the factors such as growing demand for polymers in packaging applications, their ability to enhance crystallization rate & improve optical properties, growing demand for consumer & packaging products, and rapid industrialization will also accelerate the nucleating and clarifying agents market in the forecast period.

The packaging market is valued at USD  968.82 Mn in 2018 and is estimated to grow at a CAGR of 7.64% over the forecast period to reach a USD 1715.65  Mn by 2026.

The packaging segment holds 49.70% of the market share in 2018, and is expected to be 48.01% by 2026, for the global nucleating and clarifying agents market. The growing adoption of reusable packing will contribute to the growth of the global nucleating and clarifying market. Moreover, Growing concerns about reducing the use of plastic packaging have led to an increase in the demand for reusable packaging. Additionally, various key market players are introducing reusable packaging to reduce the use of single-use plastics.

Of late, the rise in demand for high-quality packaging in foods & beverages across the globe is projected to drive the nucleating agents market for polymers in the packaging sector globally.  Millad NX 8000 helps PP producers and converters to stay ahead of packaging, appliances, medical, housewares, and food storage trends by achieving unprecedented transparency in polypropylene. This innovative clarifier offers exciting new opportunities for various products including significant energy savings and faster production in injection molding.

Clarifying agents are utilized for the removal of suspended solid particles from a given liquid through a process known as flocculation. This is where the solids start to gather together and form flakes that eventually precipitate or settle to the bottom, making them easier to be removed. Some of the more common clarifying agents used across many industries include alum, calcium hydroxide, aluminum sulfate, and polyacrylamide. Natural chemicals such as gelatin and chitosan are also commonly used as flocculants. Clarifiers as additives can allow for the manufacturing of highly transparent materials. Clarified polypropylene, for instance, is increasingly being used as a cheaper and more feasible alternative to naturally transparent polymers.

In March 2019, Milliken & Company plans to increase the production capacity of its clarifiers by 50% in the US. This expansion is expected to be undertaken to meet the increase in demand and reduce the carbon footprint during the manufacture of PP products. This expansion is also likely to help the company strengthen its market share in the US.

The rising usage of plastics in different applications is expected to drive market growth. Some of the factors such as growing demand for polymers in packaging applications, their ability to enhance crystallization rate & improve optical properties, growing demand for consumer & packaging products, and rapid industrialization will also accelerate the nucleating and clarifying agents market in the upcoming years.

In October 2019, Clariant launched two new additives that are based on renewable feedstock under the Licocene brand. This includes Licocene PE 4201 Terra and Licocare RBW 360 TP Vita, which act as multifunctional additives that combine the properties of lubrication and nucleating agents. These products improve the process stability of the product and reduce the cycle time during production. The new product launch has helped the company to expand its product portfolio.

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Tel: +1 877 441 4866

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