A new report by Reports and Data predicts that the global sizing agents market is expected to reach USD 6,051.9 Million by 2028. Sizing agents are used to provide water-resistance to paper, preventing blurring when in contact with water or inks. They also enhance the printability of papers by improving surface glaze. These agents play a crucial role in textile industries for warp sizing, reducing yarn breakage and increasing productivity. Their high demand is driven by their ability to retain ink or paints on various applications. Notably, the Asia Pacific region is projected to experience the fastest growth at a rate of 5.8% from 2019 to 2028, attributed to the rising demand for sizing agents in textiles and paper-based products, coupled with the global shift of manufacturing units to countries like China and India.
Key findings from the report include the popularity of synthetic agents like Polyvinyl Alcohol (PVA) and Styrene, although their non-biodegradability poses environmental concerns. The paper and paperboard segment is expected to hold a market share of 27.8% by 2016, growing at a CAGR of 4.4% during the forecast period. Natural starch and modified starch, derived from renewable resources, are cost-effective and form excellent thin surface films, making them ideal choices. The market valuation for starch and modified starch is projected to reach USD 1.93 Billion by 2028. Natural sizing agents, which are biodegradable and contribute to waste management, are expected to capture a market share of 36.9% by 2028, with a CAGR of 6.1% from 2019 to 2028.
Europe is anticipated to maintain its dominance in the global market, holding a market share of 33.9% by 2028 and growing at a CAGR of 5.7% during the forecast period. Germany stands out as the country with the highest number of valuable manufacturers. North America is also expected to witness significant growth, with a market possession of 26.7% by 2028 and a CAGR of 5.0%. Key participants in the sizing agents market include BASF SE, Evonik Industries AG, Kemira Oyj, Seiko PMC Corporation, Aries Chemical, Pulcra Chemicals, Omnova Solutions, Buckman, Bodo Moller Chemie GmbH, and Solenis.
The global sizing agents market has been segmented by Reports and Data based on the type of monomers, type, functions, applications, and region. The types of monomers include Starch and Starch Agents, Rosin, Polyvinyl Alcohol (PVA), Styrene, Acrylic Monomers, and Others. The market is categorized into Natural and Synthetic types. Functions are divided into Surface Agents and Internal Agents. Applications cover Paper Paperboard, Textile Fiber, and Others. Regionally, the market is analyzed across North America (U.S), Europe (U.K, France), Asia Pacific (China, India, Japan), MEA, and Latin America (Brazil).
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Sizing Agents Market: Drive factors
Factors driving the sizing agents market include:
1. Increased demand for water-resistance: Sizing agents are essential in providing water-resistance to papers and paperboard, preventing them from getting blurred when exposed to water or inks. The growing need for water-resistant materials in various industries such as packaging, printing, and textiles is driving the demand for sizing agents.
2. Improved printability of papers: Sizing agents play a crucial role in enhancing the surface glaze of papers, making them more printable. With the rising demand for high-quality printing and better ink retention on paper surfaces, the use of sizing agents has become increasingly important in the paper and printing industry.
3. Growth in the textile industry: Sizing agents are widely used in the textile industry for warp sizing, which reduces yarn breakage and improves productivity. As the textile industry continues to expand, particularly in regions like Asia Pacific, the demand for sizing agents is expected to grow.
4. Increasing applications in various industries: Sizing agents find extensive applications in industries such as paper and paperboard, textiles, cosmetics, and paints. The wide range of applications and their ability to enhance product performance, durability, and printability are driving their demand in these industries.
5. Shift in manufacturing units: There has been a global shift of manufacturing units, particularly from Europe and North America to countries in the Asia Pacific region, such as China and India. This relocation of manufacturing units has led to increased demand for sizing agents in the region, contributing to market growth.
6. Environmental concerns and sustainability: The market is witnessing a growing focus on sustainability and environmentally friendly products. Natural sizing agents, derived from renewable resources, are gaining popularity due to their biodegradability and contribution to waste management. This trend is driving the demand for natural sizing agents in the market.
These driving factors, along with the increasing awareness about the benefits of sizing agents in different applications, are expected to propel the growth of the sizing agents market in the coming years.
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