Sizing Agents Market Opportunity Assessment and Future Growth Strategies, MarketsandMarkets™ Report

Sizing Agents Market Opportunity Assessment and Future Growth Strategies, MarketsandMarkets™ Report
Browse 83 market data Tables and 31 Figures spread through 109 Pages and in-depth TOC on “Sizing Agents Market”
Sizing Agents Market by Type (Natural and Synthetic), Application (Textile & Fiber, Paper & Paperboard, Cosmetics, Food & Beverage), And Region (Asia Pacific, Europe, North America, South America, Middle East & Africa)

The global sizing agents market is estimated to be USD 3.1 billion in 2018 and is projected to reach USD 4.0 billion by 2023, at a CAGR of 5.4% during the same period. Paper and textile are the two major applications where sizing is performed. The two stages of sizing performed in paper manufacturing are internal sizing and surface sizing. Internal sizing agents are applied during the wet stage of paper manufacturing. It prepares the paper for print sharpness by controlling the penetration of liquids. They improve the surface strength and internal bond values. The global sizing agents market is mainly driven by the high demand for sizing in the in the textile and paper & paperboard manufacturing.

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Between the types, the synthetic sizing agents segment is projected to register the higher CAGR, in terms of value, during the forecast period. The increase in consumption of synthetic sizing agents in various applications such as textile & fiber and paper& paperboard is expected to drive the market during the forecast period. 

Based on application, the textile & fiber segment is projected to lead the sizing agents market; it is projected to grow at the highest CAGR, in terms of value, during the forecast period. Sizing agents help in strengthening the yarn and impart abrasion resistance. The growing middle-class population has driven the demand for a variety of textiles such as technical textiles, home textiles, and apparel. This factor is expected to drive the demand for sizing agents in the textile & fiber application during the forecast period.

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The growth in various industries such as paper & paperboard, textile & fiber, glass fiber, and cosmetics industries is driving the demand for sizing agents. Modified starches, polyvinyl alcohol, styrene, and rosins are used in the paper and textile industries for sizing purposes. The continuous expansion of automotive and medical industries is continuously fueling the demand for textiles. Emerging economies such as China and India are putting more emphasis on adopting the latest technologies and manufacturing processes in various industry segments such as the textile and paper industry. This, in turn, is expected to drive the market for sizing agents during the forecast period.

BASF (Germany), Aries Chemical (US), Pulcra Chemicals (Germany), Kemira OYJ (Finland), Solenis (US), Omnova Solutions (US), Buckman Laboratories (US), Seiko PMC Corporation (Japan), Evonik (Germany), and Bodo Moller Chemie (Germany) are the leading sizing agent manufacturers, globally. These companies adopted expansion as their major business strategy between January 2015 and August 2018 to stay competitive in the sizing agents market. 

Kemira Oyj (Finland) is one of the leading players in the sizing agents market. The company has been focusing on both organic and inorganic strategies to maintain its leading position in the market. For example, in January 2017 the company expanded the production of alkenyl succinic anhydride (ASA) sizing agents at its Nanjing site in China. This expansion helped the company to expand its reach in the untapped APAC market and strengthen its position in the sizing agents industry.  

 Solenis (US) is another major player in the sizing agents market. The company offers internal sizing agents and surface sizing agents. Its products are majorly consumed by the paper industry. These sizing agents help to improve the aqueous holdout of the products, whether it is printing paper or a packaging board. They provide water-resistance (prevent the paper from blurring with water or ink) and improve printability (offset, inkjet) of paper by surface application.

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