Anti-Tacking Agents Market-Overview
The ubiquity of rubber products in a range of applications has only multiplied in recent years, leading to positive developments in the anti-tacking agents market. Reports created by MRFR detail the developments of the industry that can be expected in the market through the forecast period. The anti-tacking agents’ market is anticipated to display a 4% CAGR in the forecast period.
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The need to reduce the stickiness of rubber so that it can be properly shaped into the various forms in which it is used is estimated to contribute greatly to the development of the anti-tacking agents market. Moreover, in the COVID-19 pandemic since last year, the demand for rubber gloves has spiked considerably in both hospital and end-user segments which will further induce profitable development in the anti-tacking agents market throughout the anticipated period.
Segmental Analysis
The segmentation overview of the anti-tacking agents’ market has been conducted based on application, end-use industry and, product type. The application segment of the anti-tacking agents market consists of medical gloves, molded rubber goods, tire & tubes, profile & hoses, wire & cable, footwear, gaskets & seals, belting, and others. The end-use industry segment of the anti-tacking agents market consists of building & construction, footwear, medical, electricals & electronics, automotive & transportation, and others. The product type segment of the anti-tacking agents market comprises of silicone polymers, fatty acid esters, stearates, fatty acid amides, soap, and others.
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Competitive Analysis
The entry of global players in key developing regional markets is predicted to have a favorable effect that will ripple into other areas of the market as well. The role of governmental bodies in facilitating the development of the market is estimated to be vital through the grant of special incentives to attract global titans to certain regions and contribute to the development of the market in the forecast period. The optimism about COVID-19 related treatment methods such as the vaccines being rolled out in various regions is estimated to further improve the overall sentiment in the market. The improvement in core industries performance on a global scale is estimated to fast track the development of the worldwide market in the upcoming period. Furthermore, the presence of better trade relations between several nations is estimated to offer more options for growth in the upcoming period. The overall development prospects of the market players are estimated to improve steadily with the effect of the COVID-19 pandemic reducing.
The significant players in the anti-tacking agents market are Polmann India Ltd. (India), McGee Industries, Inc. (US), Hans W. Barbe Chemische Erzeugnisse GmbH (Germany), Lotréc AB (Sweden), Schill + Seilacher "Struktol" GmbH (Germany), Baerlocher GmbH (Germany), FERRO-PLAST S.r.l. (Italy), Hallstar (US), Chem‑Trend L.P. (US), Arsenal Capital Partners (US), Lion Specialty Chemicals Co., Ltd (Japan), and Kettlitz-Chemie GmbH & Co. KG (Germany).
Detailed Regional Analysis
The regional examination of the anti-tacking agents market includes regions such as the Asia Pacific, the Middle East, North America, Europe, Latin America, and Africa. The APAC anti-tacking agents market is overlooking the worldwide market due to the high manufacture and use of rubber in the region. The high budget allocations for the healthcare sector and rising health alertness are anticipated to lift the need for medical gloves, such factors are anticipated to propel the anti-tacking agents’ market in the APAC. The regional market for anti-tacking agents in Europe was the second chief market and is anticipated to list momentous growth throughout the forecast period. Moreover, the mounting building revamping activities in the region are also encouraging the anti -tacking agents market progress. The North American region is another major market for anti-tacking agent due to the medical industry growth, primarily in terms of medical gloves demand, due to the mounting understanding about hygiene by controlling bacteria and virus spread. The Middle Eastern & African anti-tacking agents’ market is anticipated to observe a growing demand for anti-tacking agents in the forecast period. The continuing infrastructural ventures carried out by the governments in the Middle Eastern nations, such as Qatar and the UAE are anticipated to observe high demand for rubber, which is projected to fuel the development of the anti-tacking agents’ market in the imminent years.
Industry Updates:
Jul 2020 Texchem Resources Bhd, has received an unusual jump in its share price without the announcement of any new corporate developments being announced. The company had advanced an in-house formulation for operative cleaning and anti-tack agents that are both vital products in the glove-making industry.
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