Nucleating and Clarifying Agents Market worth $504 million by 2027 – At a CAGR of 7.3%

According to a new market research report, the Nucleating and Clarifying Agents Market by Agent Type (Nucleating Agents, Clarifying Agents), Form (Powder, Granules, Liquid), Polymer (PP, PE, PET), Application (Packaging, Consumer Products) and Region – Global Forecast to 2027″, is projected to reach USD 504 million by 2027, at a CAGR of 7.3% from USD 353 million in 2022.

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  • 337 Market data Tables
  • 53   Figures
  • 272 Pages and in-depth TOC on “Nucleating and Clarifying Agents Market – Global Forecast to 2027″

This report also provides a comprehensive analysis of the companies listed below:

Milliken & Company (U.S.), ADEKA Corporation (Japan), Imerys S.A. (France), Shandong Rainwell New Materials Technology Co., Ltd. (China), BASF SE (Germany), and Clariant AG (Switzerland)

The global and regional players have sizable shares in the nucleating and clarifying agents market. They are focusing on strategies such as new product launches, acquisitions, and expansions, and partnerships & agreements to expand their businesses globally.

Recent Developments in Nucleating and Clarifying Agents Market Industry

  1. In December 2021, Clariant AG and PolyOne Corporation entered into an agreement with Clariant to purchase its global color and additive masterbatch business.
  2. In October 2019, Clariant AG launched two new additives based on renewable feedstock under the Licocene brand. This includes Licocene PE 4201 Terra and Licocare RBW 360 TP Vita, which act as multifunctional additives that combine the properties of lubrication and nucleating agents.

“Granule form is projected to grow at fastest CAGR, in terms of volume, during the forecast period”

Granule form is projected to be the fastest growing segment in global nucleating and clarifying agents market, in terms of volume, during the forecast period. Because of its cost-effectiveness, granule form is gaining traction for its application in various industries. It is also compatible with conventional feeders and are used to achieve efficiency in material handling.

“Polypropylene is projected to be the fastest growing polymer in nucleating and clarifying agents market, in terms of value”

PP is a widely used polymer across different applications such as packaging, consumer products, and automotive. The demand for products with high aesthetic value and better transparency for various types of food packaging and consumer products is expected to drive the market for nucleating and clarifying agents in the PP segment.

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

Asia Pacific is the most promising regional market for polymers and related industries, including nucleating and clarifying agents. The increasing demand from packaging, consumer products, and automotive applications is driving the market for nucleating and clarifying agents in the region. The increasing purchasing power of the middle-class population also acts as a key driver for the market.

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