HOME › Research Insight › Akzo Nobel N.V. and Croda International Plc. Leading Producers of Anti-Fog Additives Market
Akzo Nobel N.V. and Croda International Plc. Leading Producers of Anti-Fog Additives Market
The antifog additives market has been growing at a moderate pace over the past five years, owing to increase in demand for antifog additives in food packaging films and agricultural films, among other applications. Currently, the antifog additives market is dominated by key players, such as Akzo Nobel N.V. (Netherlands), Croda International Plc. (U.K.), Clariant AG (Switzerland), A. Schulman (U.S.), PolyOne Corporation (U.S.), Evonik Industries (Germany), DuPont (U.S.), Ashland Inc. (U.S.), and Corbion N.V. (Netherlands). These companies have enhanced their production capacities to strengthen their foothold in the antifog additives market.
Substantial expansions have been made in the past few years by key companies, such as Croda International Plc., A.Schulman, Inc., and Akzo Nobel N.V., to address the future demand of antifog additives. Key players in this market are majorly focused on expansions, acquisitions, investments, and new product launches to enhance their presence in the market.
Expansion has been the key growth strategy adopted by major players to gain a competitive edge over competitors. For instance, Croda International Plc., in December 2015, announced the expansion of amide capacity at its manufacturing site in Hull (U.K.). This expansion strategy is expected to help the company address the growing demand of slip additives for polymers in the future. Companies are also making worthy investments to strengthen their sales and distribution networks, enhance their market visibility, and strengthen their position in the global antifog additives market.
Akzo Nobel N.V. is the one of the leading producers of antifog additives, globally. The company is focused on transforming its business portfolio to industrial specialty chemicals. It has adopted the expansion strategy to strengthen its market position and consolidate its financial position in the market. In March 2015, Akzo Nobel N.V. doubled its masterbatch production capacity in Dongguan (China). This expansion aimed at accommodating the growing demand of masterbatches from packaging and personal care & hygiene industries in China.
Croda International Plc. is another major player in the antifog additives market. It provides standard quality products and services, in response to the increasing environmental and sustainability concerns. There is a growing demand for both, environment-friendly production processes as well as chemical products. The company is expanding its presence in the Asia-Pacific region with the intention of strengthening its foothold in the antifog additives market. In February 2013, Croda International Plc. acquired China-based specialty chemicals manufacturer, Sichuan Sipo Chemical Co., Ltd. This acquisition enabled the company to widen its geographic presence and strengthen its performance in the specialty chemicals segment.
Anti-fog Additives Market by Application (Agricultural Films, Food Packaging Films), Type (Glycerol Esters, Polyglycerol Esters, Sorbitan Esters, Ethoxylated Sorbitan Esters, Polyoxyethylene Esters, & Others), Region - Global Forecast to 2020
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India