Anti-Dripping Agent Market Size, Industry Analysis Report By Product Type (Pure Powdered Anti-Dripping Agent, Coated Anti-Dripping Agent and Emulsion Type Anti-Dripping Agent), By Application Type (Automobile, Architectural Engineering, Consumer Electronics and Home Appliances) & Region – Forecasts
- PUBLISHED ON
- 2024-09-27
- NO OF PAGES
- 270
- CATEGORY
- Chemicals & Materials
Anti-dripping agent is primarily utilized in plastic materials that demand flame retardant grade up to V0. It can protect against melting dropping and can increase flame retardant performance. It can yet meet the demands of standard UL V-0 when decreasing the amount of flame retardant, and at the same time decrease costs and increase product competitiveness. High molecular weight PTFE fibrosis under the strong force of the screw to frame a network structure, thus playing a role in anti-dripping.
Global Anti-Dripping Agent Market – Overview
It is estimated for the anti-dripping agent market to grow at a healthy rate in the market during the forecast period of 2022 to 2030. The market witnessed immense growth during the previous forecast period of 2018 to 2030.
PTFE Anti-dripping agent is primarily utilized in plastic materials that demand flame retardant grade up to V0. It can protect against melting dropping and can increase flame retardant performance. This factor of the material is estimated to boost the growth of the market during the forecast period.
Anti Dripping Agents come in handy in preventing the burning resin from falling when the plastic product is on fire. This factor is also estimated to play a major role in the growth of the market during the forecast period of 2022 to 2030. The factor even played a major role during the previous forecast period of 2018 to 2021.
Global Anti-Dripping Agent Market – Key Trends
Rising use of anti-dripping agents in plastic materials to elevate the market growth
PTFE Anti-dripping agent is primarily utilized in plastic materials that demand flame retardant grade up to V0. It can protect against melting dropping and can increase flame retardant performance. This factor of the material is estimated to boost the growth of the market during the forecast period.
Various properties of the anti-dripping agents to boost the market
Anti Dripping Agents come in handy in preventing the burning resin from falling when the plastic product is on fire. This factor is also estimated to play a major role in the growth of the market during the forecast period of 2022 to 2030. The factor even played a major role during the previous forecast period of 2018 to 2021.
Global Anti-Dripping Agent Market – Segmental Assessment
By Type
• Pure Powdered Anti-Dripping Agent
• Coated Anti-Dripping Agent
• Emulsion Type Anti-Dripping Agent
It is estimated for the Coated Anti-Dripping Agent to drive the growth of the market during the forecast period.
By Application
• Automobile
• Architectural Engineering
• Consumer Electronics and Home Appliances
• Others
It is estimated for the automobile segment to drive the growth of the market during the forecast period.
Global Anti-Dripping Agent Market – Geographical Landscape
It is estimated for the European region to witness immense growth in the market. The region is expected to grow at a stable CAGR during the forecast period. The market in the region of Asia Pacific is projected to grow at a quicker CAGR during the forecast period. The increasing use of the product in the Asian countries like India and China are estimated to drive the growth of the market during the forecast period.
Global Anti-Dripping Agent Market – Competitive Hierarchy
Mitsubishi Chemical Group, SABIC, Shine Polymer, Shanghai Huayi 3F New Materials, Hannanotech, Wanda Chemical, Gujarat Fluorochemicals, Go Yen Chemical Industrial, Pacific Interchem, Daikin Global and ZhongFu Chemical Material Technology are the major players that are driving the growth of the market during the forecast period.
Report Scope
Global Anti-Dripping Agent Market : Historical Years (2018 to 2021)
Global Anti-Dripping Agent Market : Forecast years (2022 to 2030)
Key Segments Reported
By Product Type (Pure Powdered Anti-Dripping Agent, Coated Anti-Dripping Agent and Emulsion Type Anti-Dripping Agent)
By Application Type (Automobile, Architectural Engineering, Consumer Electronics and Home Appliances and Others)
Major regions and countries covered
• North America
• Europe
• Asia Pacific
• Middle East
• Rest of the World
Mitsubishi Chemical Group, SABIC, Shine Polymer, Shanghai Huayi 3F New Materials, Hannanotech, Wanda Chemical, Gujarat Fluorochemicals, Go Yen Chemical Industrial, Pacific Interchem, Daikin Global and ZhongFu Chemical Material Technology are the major players that are driving the growth of the market during the forecast period.
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One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached We Market Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).
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Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.
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Conclusion
The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2033.
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