Clarifying Agents Market worth $338 million by 2027 - Exclusive Report by MarketsandMarkets™

CHICAGO, March 23, 2023 /PRNewswire/ -- The report "Clarifying Agents Market by Form (Powder, Granules, Liquid), Polymer (PP, PE, PET), Application (Packaging, Consumer Products, Electronics) and Region (Europe, North America, Asia Pacific, MEA, SA)- Global Forecast to 2027", The Clarifying Agents Market size is estimated to be USD 235 million in 2022 and is projected to reach USD 338 million in 2027, at a CAGR of 7.5%.

The clarifying agents market is mainly driven by the demand for different types of polymers such as PP, PE, and PET in packaging applications, increase in consumption of plastics, growing usage in pharmaceutical applcations. Moreover, it is also driven by rapidly developing and emerging economies such as India, Brazil, and Argentina.

Browse in-depth TOC on "Clarifying Agents Market"

303 – Tables
50 – Figures
242 – Pages

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=15165588

"Granules form is projected to grow at fastest CAGR, in terms of volume, during the forecast period"

Granules form is projected to be the fastest growing segment in global clarifying agents market, in terms of valuee, during the forecast period. Considering its cost-effectiveness, granule form clarifying agents are finding its relevant use in packaging and consumer products application in various industries. Granule form is made compatible with conventional feeders and can achieve decent efficiency in material handling.

"PET is projected to be the fastest growing polymer in clarifying agents  market, in terms of value"

Polyethylene terephthalate (PET) is considered as a semi-crystalline polymer with lightweight and colourlessness.  Ethylene glycol and dimethyl terephthalate are used in the production of PET. It is widely used for packages drinking water and airated soft drinks across the globe. The organized retail industry is boosting the market for packed food and beverages and thereby driving the clarifying agents market.

Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=15165588

"Asia Pacific is expected to be the fastest growing market for clarifying agents during the forecast period, in terms of value and volume."

The significant growth of the packaging industry coupled with the increasing demand for packaged food & beverages are projected to lead the growth of clarifying agents market in this region. China is estimated to be the largest market for clarifying agents in the region. The presence of key companies, such as ADEKA Corporation (Japan), New Japan Chemical Co., Ltd. (Japan), and GCH Technology Co., Ltd. (China), and established polymer manufacturing facilities in this region are projected to drive the demand for clarifying agents.

New product launches and expansions are the major growth strategies adopted by the key players in the market. The key global players in the clarifying agents market include Milliken & Company (US), ADEKA Corporation (Japan), Shandong Rainwell New Materials Technology Co., Ltd. (China), Avient Corporation (US), BASF SE (Germany), New Japan Chemical Co., Ltd. (Japan), GCH Technology Co., Ltd. (China), Qingdao Jade New Material Technology (China), Guangzhou Bolong Chemical Co. Ltd. (China), and Ta Haw Enterprise Co. Ltd. (Taiwan).

Browse Adjacent Market: Specialty Chemicals Market Research Reports & Consulting

Related Reports:

Plastic Additives Market - Global Forecast To 2026

Antimicrobial Plastics Market - Global Forecast To 2026

About MarketsandMarkets™ 

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Research Insights: https://www.marketsandmarkets.com/Market-Reports/clarifying-agents-market-15165588.html
Visit Our Website: https://www.marketsandmarkets.com/
Content Source: https://www.marketsandmarkets.com/PressReleases/clarifying-agents.asp

Logo: https://mma.prnewswire.com/media/660509/MarketsandMarkets_Logo.jpg