Leading market analysis and intelligence firm Transparency Market Research has published a new market study, detailing the global anti-tack agents market. The report, titled ‘Anti-Tack Agents Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2023’, projects the global anti-tack agents market to expand at a significant CAGR over the forthcoming eight years. The market’s value at the end of the given forecast period is expected to be close to US$438 mn. In 2014, the market was valued at US$306.5 mn and will exhibit a 4.1% CAGR from 2015 through 2013.
The global anti-tack agents market is segmented into the product types of stearates, fatty acid esters, fatty acid amides, soap, and others. Among these, stearates led the global anti-tack agents market, with a 40% share. The factors responsible for the dominant share of stearates in the global anti-tack agents market are their excellent water repellence, lubrication, foam inhibition, separation, and gelling capacity. Among other product segments, fatty acid esters, in particular, are used as rubber releasing agents.
The usage of stearates is, however, expected to be affected by low consumer awareness and rising raw material prices, along with environmental regulations restricting the usage of stearates.By geography, the report segments the anti-tack agents market into Asia Pacific, which remains the global leader, North America, Europe, Latin America, and the Middle East and Africa. Major national markets within these broad regional segments are examined in further detail, with total size and forecasts provided for the 2015-2023 period.