All updated as on -
International Anti-Slip Ingredients The market is expected to increase from its 2022 valuation of USD 234.08 million to a peak of USD 351.76 million by 2030, representing a CAGR of 5.63% between 2023 and 2030.
Rising demand from packaging, automotive, and consumer goods manufacturers has contributed significantly to the expansion of the global slip additives market in recent years. To improve lubricity and surface smoothness, slip additives are used to lower the coefficient of friction between two surfaces. This leads to more productivity in the manufacturing process, less wear and tear on the final product, and better durability. The development of bio-based slip additives can also be credited with contributing to the expansion of the market. Market growth is anticipated to be fueled even further by technical innovations and research efforts in the industry over the forecast period.
Subtype Analysis
The packing industry is the greatest consumer of slip additives. Due to their ability to increase machinability and decrease the coefficient of friction, slip additives have seen a significant uptick in demand in packaging materials such as polyethylene films used for food packaging. The packaging sector continues to be a major driver for slip additives due to rising global consumption of packaged goods, especially in developing nations. At the same time, the automotive industry is the fastest-growing application for slide additives. The use of slip additives is expected to increase fast due to the rising demand for comfortable and luxurious automotive interiors, especially in emerging countries seeing a spike in automobile sales.
Methodology of Analysis Via Use
The plastics and polymer industry is the primary consumer of slip additives. The importance of using slip additives to improve the performance and processability of plastics grows as the need for lightweight and durable materials spreads across industries. The packaging sector, which uses plastics extensively, also makes a substantial contribution to the expansion of the slip additives market. The coatings business, on the other hand, is the fastest-growing market for slip additives. With the rising demand for improved surface protection across a wide range of industries, slip additives play a crucial role in addressing these needs by allowing the creation of coatings that offer great durability and decreased friction.
Drivers
Numerous End-User Industries Drive Demand
The global slip additives market is growing rapidly because to the rising demand from a wide range of end-use industries. In addition, they improve plastic films' slide properties, which means they'll have easy release characteristics and won't get blocked up in transit or storage. Food packaging, pharmaceuticals, and consumer goods are just a few of the expanding end-use markets for slip additives. New, more environmentally friendly slip additives that don't sacrifice performance or longevity are also helping the business grow.
Restraints
Raw-materials-cost fluctuations
The fluctuating cost of key raw materials is a major factor holding back the global slip additives industry. The price of these components can have a major impact on the overall cost of manufacturing slip additives. Manufacturers may experience difficulties in keeping prices low, which may reduce their market competitiveness and profit margins. Reliance on petroleum-based feedstocks may also become a constraint as the business is compelled to use more environmentally friendly procedures. This could spur research into and deployment of renewable alternatives to traditional slip additives, but the change could provide implementation issues and temporarily slow industry expansion.
Key Market Developments
There were a number of noteworthy market trends in the international slip additives industry. The use of slip additives in packing materials to improve their surface qualities and make them easier to handle has become increasingly popular. Further fueling market expansion is the expanding use of slip additives across a wide range of sectors, including the automotive, food packaging, and electronics industries. In addition, there has been increasing momentum behind efforts by manufacturers to develop environmentally friendly and sustainable slip additives in response to both environmental legislation and consumer preferences. Taken together, these tendencies paint an optimistic picture for the future of the worldwide slip additives industry.
Report Coverage
Global Slip Additives research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Slip Additives report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Slip Additives competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Slip Additives market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Slip Additives market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Slip Additives market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Croda International PLC (United Kingdom), Clariant AG (Switzerland), Lubrizol Corporation (United States), BASF SE (Germany), Evonik Industries AG (Germany), Afton Chemical Corporation (United States), Emery Oleochemicals (Malaysia), Munzing Corporation (United States), Honeywell International Inc. (United States), BYK Additives & Instruments (Germany), Lonza Group Ltd. (Switzerland), Momentive Performance Materials Inc. (United States), AkzoNobel N.V. (Netherlands), 3M (United States), Nanotech Industrial Solutions (United States), Techmer PM LLC (United States), PCC Chemax Inc. (United States), Fine Organics (India), Ampacet Corporation (United States), Zschimmer & Schwarz (Germany)
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Slip Additives market based on the below-mentioned segments:
Global Slip Additives Market, By Type
Fatty amides
waxes
more
Global Slip Additives market, By Application
Packaging
automotive
consumer goods
among others
Global Slip Additives Market, By End User
Food packaging
pharmaceuticals
electronics
Global Slip Additives market, Regional Analysis
Rising demand from packaging, automotive, and consumer goods manufacturers has contributed significantly to the expansion of the global slip additives market in recent years. To improve lubricity and surface smoothness, slip additives are used to lower the coefficient of friction between two surfaces. This leads to more productivity in the manufacturing process, less wear and tear on the final product, and better durability. The development of bio-based slip additives can also be credited with contributing to the expansion of the market. Market growth is anticipated to be fueled even further by technical innovations and research efforts in the industry over the forecast period.
Subtype Analysis
The packing industry is the greatest consumer of slip additives. Due to their ability to increase machinability and decrease the coefficient of friction, slip additives have seen a significant uptick in demand in packaging materials such as polyethylene films used for food packaging. The packaging sector continues to be a major driver for slip additives due to rising global consumption of packaged goods, especially in developing nations. At the same time, the automotive industry is the fastest-growing application for slide additives. The use of slip additives is expected to increase fast due to the rising demand for comfortable and luxurious automotive interiors, especially in emerging countries seeing a spike in automobile sales.
Methodology of Analysis Via Use
The plastics and polymer industry is the primary consumer of slip additives. The importance of using slip additives to improve the performance and processability of plastics grows as the need for lightweight and durable materials spreads across industries. The packaging sector, which uses plastics extensively, also makes a substantial contribution to the expansion of the slip additives market. The coatings business, on the other hand, is the fastest-growing market for slip additives. With the rising demand for improved surface protection across a wide range of industries, slip additives play a crucial role in addressing these needs by allowing the creation of coatings that offer great durability and decreased friction.
Drivers
Numerous End-User Industries Drive Demand
The global slip additives market is growing rapidly because to the rising demand from a wide range of end-use industries. In addition, they improve plastic films' slide properties, which means they'll have easy release characteristics and won't get blocked up in transit or storage. Food packaging, pharmaceuticals, and consumer goods are just a few of the expanding end-use markets for slip additives. New, more environmentally friendly slip additives that don't sacrifice performance or longevity are also helping the business grow.
Restraints
Raw-materials-cost fluctuations
The fluctuating cost of key raw materials is a major factor holding back the global slip additives industry. The price of these components can have a major impact on the overall cost of manufacturing slip additives. Manufacturers may experience difficulties in keeping prices low, which may reduce their market competitiveness and profit margins. Reliance on petroleum-based feedstocks may also become a constraint as the business is compelled to use more environmentally friendly procedures. This could spur research into and deployment of renewable alternatives to traditional slip additives, but the change could provide implementation issues and temporarily slow industry expansion.
Key Market Developments
There were a number of noteworthy market trends in the international slip additives industry. The use of slip additives in packing materials to improve their surface qualities and make them easier to handle has become increasingly popular. Further fueling market expansion is the expanding use of slip additives across a wide range of sectors, including the automotive, food packaging, and electronics industries. In addition, there has been increasing momentum behind efforts by manufacturers to develop environmentally friendly and sustainable slip additives in response to both environmental legislation and consumer preferences. Taken together, these tendencies paint an optimistic picture for the future of the worldwide slip additives industry.
Report Coverage
Global Slip Additives research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Slip Additives report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Slip Additives competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Slip Additives market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Croda International PLC (United Kingdom), Clariant AG (Switzerland), Lubrizol Corporation (United States), BASF SE (Germany), Evonik Industries AG (Germany), Afton Chemical Corporation (United States), Emery Oleochemicals (Malaysia), Munzing Corporation (United States), Honeywell International Inc. (United States), BYK Additives & Instruments (Germany), Lonza Group Ltd. (Switzerland), Momentive Performance Materials Inc. (United States), AkzoNobel N.V. (Netherlands), 3M (United States), Nanotech Industrial Solutions (United States), Techmer PM LLC (United States), PCC Chemax Inc. (United States), Fine Organics (India), Ampacet Corporation (United States), Zschimmer & Schwarz (Germany) |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Slip Additives Market from 2021 to 2030.
- Market Forecast for Slip Additives Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Slip Additives competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Slip Additives
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Slip Additives market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Slip Additives market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Croda International PLC (United Kingdom), Clariant AG (Switzerland), Lubrizol Corporation (United States), BASF SE (Germany), Evonik Industries AG (Germany), Afton Chemical Corporation (United States), Emery Oleochemicals (Malaysia), Munzing Corporation (United States), Honeywell International Inc. (United States), BYK Additives & Instruments (Germany), Lonza Group Ltd. (Switzerland), Momentive Performance Materials Inc. (United States), AkzoNobel N.V. (Netherlands), 3M (United States), Nanotech Industrial Solutions (United States), Techmer PM LLC (United States), PCC Chemax Inc. (United States), Fine Organics (India), Ampacet Corporation (United States), Zschimmer & Schwarz (Germany)
Primary Target Market
- Market Players of Slip Additives
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Slip Additives market based on the below-mentioned segments:
Global Slip Additives Market, By Type
Fatty amides
waxes
more
Global Slip Additives market, By Application
Packaging
automotive
consumer goods
among others
Global Slip Additives Market, By End User
Food packaging
pharmaceuticals
electronics
Global Slip Additives market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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