Low retention additive market is anticipated to grow at a CAGR of 6.5% during the forecast period (2024-2031). Stringent REACH (Registration, Evaluation, Authorisation and Restriction of Chemicals) and EPA (Environmental Protection Agency) regulations regarding volatile organic compounds (VOCs) and toxic content in solvent-based additives have led to the commercialization of low retention additives with improved performance. Further, the growing use of fluorosurfactants as wetting and leveling agents and the demand for better performance of low retention additives as compared to other surfactants are fueling the industry’s growth.
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In 2021, demand for COVID-19 testing and vaccine production activities in biopharma contributed to the exponential growth of consumables, which boosted the demand for low retention additives globally. At present, the demand for consumables has reached a similar level as before COVID-19 owing to the availability of proper COVID-19 vaccination and diagnostic technologies, which were in high demand till 2022. Hence, in the future, COVID-19 is expected to have a minimal impact on the low retention additive industry’s growth. In place of COVID-19, continuous research and development in genomics, proteomics, and other technologies are expected to maintain the demand for consumables and hence will drive market growth.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global Low Retention Additive Market by Industry
- Labware Industry
- Medical Device Industry
- Textile Industry
- Automotive Industry
- Packaging Industry
- Others
Company Profiles
- Advanced Polymer, Inc
- Avient Corp
- Cytonix LLC
- Dow Inc
- Goulston Technologies, Inc.
- Kao Chemicals Europe. S.L.
- Polyvel Inc.
- Silma S.R.L.
- Techmer PM, LLC
- Zhejiang Java Specialty Chemicals Co., Ltd.
- NBD NanotechnologiesAbengoa, S.A.
The Report Covers
- Market value data analysis of 2023 and forecast to 2031.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global low retention additive market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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