Global Nucleating and Clarifying Agents Market – Industry Trends and Forecast to 2030

Global Nucleating and Clarifying Agents Market, By Product (Nucleating Agent, Clarifying Agent, and Others), Form (Powder, Granules, Liquid), Polymer (Polypropylene, Polyethylene, Polyethylene Terephthalate, and Others), Application (Packaging, Consumer Products, Automotive, Electronics, and Others) – Industry Trends and Forecast to 2030.

Nucleating and Clarifying Agents Market Analysis and Size  

The nucleating and clarifying agents are increasing as it offers efficient and high-quality end products. The pinhole, wavy, and snow patterns are converted into a smooth texture with the help of powdered agents, which are useful in producing many cosmetic end products expected to drive market growth. Additionally, polymers such as polyethylene glycol are used as emulsifiers, and emollients help the product penetrate deep into the skin; such factors drive market growth.

Data Bridge Market Research analyses that the global nucleating and clarifying agents market which was USD 3,361.98 million in 2022, would rocket up to USD 5,545.68 million by 2030, and is expected to undergo a CAGR of 6.2% during the forecast period of 2023 to 2030. Nucleating agent dominates the type segment of the nucleating and clarifying agents market increases the degree of crystallinity of the polymer, improving its mechanical qualities while clarifying agents can also boost its optical properties. They are extensively utilised in a variety of industries, including the automobile, electronics, consumer goods, and others. . In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, pipeline analysis, pricing analysis, and regulatory framework.

Nucleating and Clarifying Agents Market Scope and Segmentation

Market Definition

The performance additives known as nucleating and clarifying agents are applied to a variety of polymers to change their inherent qualities. Clarifying agents are mostly added to base polymers like polyethylene, polypropylene, and others to promote transparency, surface smoothness, and stiffness. To improve the underlying polymer material's rigidity, heat resistance, flexural strength, nucleating agent is added. The market offers a variety of nucleating and clarifying agents depending on the use for a particular polymer type and performance modification.

Nucleating and Clarifying Agents Market Dynamics

Drivers

• Growing Demand for Clear and Transparent Plastics

The market for nucleating and clarifying agents is significantly driven by the rising need for clear and transparent plastics across a number of industries, including packaging and automotive. These substances aid in making polymers more transparent and clear, which improves their aesthetic appeal. .

• Rising Adoption of Plastics in Packaging Industry

Plastics are frequently employed in the packaging sector due to their lightweight, durability, and low cost. Nucleating and clarifying agents play an important role in improving the optical characteristics of plastic packaging materials, fuelling their demand.

Opportunities

• Rise in Demand for Plastics in Packaging Industries

Industrialization has increased demand for nucleating and clarifying agents in a variety of industries for a variety of uses. Plastic is a good component for packaging due to its high quality, non-corrosiveness, and substance security, among other features. Plastic demand is rising as a result of its widespread use in critical goods packaging, food packaging, automotive, and industrial applications. .

• Development of Environmentally Friendly Agents

The creation of eco-friendly nucleating and clarifying agents has become more feasible as sustainability and environmental issues have gained attention. By funding research and development to develop products that are biodegradable, renewable, and have a lower carbon footprint, manufacturers can profit from this trend. 

Restraint

• Stringent Environmental Regulations

The market for nucleating and clarifying agents may face difficulties as a result of environmental rules governing the use and disposal of plastics. Regulations pertaining to waste management, recycling, and emissions compliance can raise production costs and limit market expansion.

Challenge

• High Competition in the Market

The market for nucleating and clarifying agents is very competitive, with many firms operating internationally. To stay competitive in the market, businesses must overcome problems related to differentiation, pricing policies, and product innovation.

Recent Developments

• On November 1, 2022, Avient Corporation, a leading global provider of specialized and sustainable material solutions stated that the previously announced sale of its Distribution business to an affiliate of H.I.G. Capital for $950 million in cash has been completed. After taxes, the projected proceeds are expected to be around $750 million
• On September 1, 2022 Avient acquired the DSM Protective Materials division, the cornerstone of which is the world-famous Dyneema, the World's Strongest Fiber, technology, and brand

Global Nucleating and Clarifying Agents Market Scope

The global nucleating and clarifying agents market is segmented on the basis of product, form, polymer, application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

PRODUCT

• Nucleating agent
• Clarifying agent
• Others

FORM

• Powder
• Granules
• Liquid

POLYMER

• Polypropylene
• Polyethylene
• Polyethylene terephthalate
• Others

APPLICATION

• Packaging
• Consumer products
• Automotive
• Electronics
• Others

Nucleating and Clarifying Agents Market Regional Analysis/Insights

The global nucleating and clarifying agents market is analysed and market size insights and trends are provided by form, product, polymer, and application, as referenced above.

The countries covered in the global nucleating and clarifying agents market report are U.S., Canada, Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, rest of Asia-Pacific , Saudi Arabia, U.A.E, South Africa, Egypt, Israel, rest of Middle East and Africa, Brazil, Argentina, and rest of South America.

Asia-Pacific is fastest growing and expected to dominate  the nucleating and clarifying agents market as packaging industry is increasing its demand for clear and transparent plastics.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Nucleating and Clarifying Agents Industry Growth and New Technology Penetration

The global nucleating and clarifying agents market also provides you with detailed market analysis for every country growth in nucleating and clarifying agents industry, installed new production plant, impact of technology using life line curves and changes in nucleating and clarifying agents regulatory scenarios and their impact on the global nucleating and clarifying agents market. The data is available for historic period 2015-2020.

Competitive Landscape and Global Nucleating and Clarifying Agents Market Share Analysis

The global nucleating and clarifying agents market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to the market.

Some of the major players operating in the global nucleating and clarifying agents market are:

• ADEKA CORPORATION (Japan)
• Amfine Chemical Corporation(U.S.)
• B.N.Mehra And Co.(India)
• BASF SE(Germany)
• Everspring Chemical Co., Ltd (China)
• GCH Technology (China)
• Imerys Group (Paris)
• Milliken Chemical (U.S.)
• New Japan Chemical Co., Ltd (Japan)
• Palmarole AG (Switzerland)
• Plastiblends India Limited (India)
• PolyOne Corporation (U.S.)
• Polyvel Inc. (U.S.)
• Shanxi Oriental Faith Tech Co., Ltd (China)
• TRAMACO Gmbh (Germany)
• Zibo Rainwell Co Ltd (China)