Slip Additives Market Size (2024 - 2029)

The Slip Additives Market is projected to experience growth over the forecast period, driven by increased demand in packaging and non-packaging applications, particularly in the food and beverage sector. The market's expansion is supported by the rise in online sales during the COVID-19 pandemic, which boosted the need for packaged products. Despite challenges posed by stringent environmental regulations on plastics, opportunities are anticipated through the development of bio-based additives and the growing use of plastic films in medical applications. The Asia-Pacific region is expected to lead the market, benefiting from its significant demand for slip additives.

Home Market Analysis Chemicals & Materials Research Plastics, Polymers, and Elastomers Research Plastics and Polymers Research Plastic Additives Research Slip Additives Research Slip Additives Industry Market Size

Market Size of Slip Additives Industry

Single User License

$4750

Team License

$5250

Corporate License

$8750

Book before:
Slip Additives Market Summary
Study Period 2019-2029
Base Year For Estimation 2023
CAGR (2024 - 2029) 3.00 %
Fastest Growing Market Asia Pacific
Largest Market Asia Pacific
Market Concentration Medium

Major Players

Slip Additives Market Major Players

*Disclaimer: Major Players sorted in no particular order

Need a report that reflects how COVID-19 has impacted this market and its growth?

Single User License

$4750

Team License

$5250

Corporate License

$8750

Book before:

Slip Additives Market Analysis

The Slip Additives Market size is estimated at 322.34 kilotons in 2024, and is expected to reach 387.67 kilotons by 2029, growing at a CAGR of greater than 3% during the forecast period (2024-2029).

The COVID-19 pandemic had a positive impact on the slip additives market. During the lockdown, the online sales of consumer goods, pharmaceuticals, food, and beverage products increased the demand for packaged products, thus creating a positive market outlook for slip additives. Post-COVID-19 pandemic, the market further registered a growth rate due to rising demand from packaging and non-packaging applications.

Increasing demand from the food and beverage packaging industry and the availability at low prices compared to substitutes are expected to drive the market for silicone coatings.

The stringent environmental regulations on the use of plastics are expected to hinder the market's growth.

The development of bio-based slip additives and the increasing demand for plastic films in medical applications are expected to create opportunities for the market during the forecast period.

The Asia-Pacific region is expected to dominate the market. It is also expected to register the highest CAGR during the forecast period due to rising demand for slip additives in packaging and non-packaging applications.

Slip Additives Industry Segmentation

Slip additives are products that can be added to polymers to control friction. They are added directly into the polymer during the extrusion process and migrate to the surface as the polymer cools, allowing a solid lubricating layer to form.

The slip additives market is segmented by carrier resin, type, application, and geography. By carrier resin, the market is segmented into polyethylene, polypropylene, and other carrier resins (polyvinyl chloride, polyamide, etc.). By type, the market is segmented into fatty amides, waxes, polysiloxanes, and other types (esters, salts, etc.). By application, the market is segmented into packaging and non-packaging. The report also covers the market size and forecasts for slip additives in 15 countries across major regions. 

For each segment, the market sizing and forecasts have been done on the basis of volume (tons).

Carrier Resin
Polyethylene
Polypropylene
Other Carrier Resins (Polyvinyl Chloride, Polyamide,etc.)
Type
Fatty Amides
Waxes and Polysiloxanes
Other Types (Esters, Salts, etc.)
Application
Packaging
Food and Beverage
Consumer Goods
Healthcare
Non-Packaging
Geography
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
Italy
France
Rest of Europe
South America
Brazil
Argentina
Rest of South America
Middle East and Africa
Saudi Arabia
South Africa
Rest of Middle East and Africa
Need A Different Region Or Segment?
Customize Now

Slip Additives Market Size Summary

The slip additives market is poised for steady growth, driven by increasing demand in the food and beverage packaging industry and the pharmaceutical sector. The market's expansion is supported by the rising use of plastic packaging, which enhances product shelf life and minimizes leakage. The packaging segment is expected to be the most significant application area for slip additives, with polymer films being preferred for their slip properties. The trend towards reducing single-use plastics is anticipated to boost the demand for polyolefin plastic packaging films, further propelling the market. Despite the positive outlook, stringent environmental regulations on plastic usage pose challenges to market growth. However, the development of bio-based slip additives and the growing demand for plastic films in medical applications present new opportunities for the market.

The Asia-Pacific region is expected to dominate the slip additives market, with China, India, and Japan leading the charge. The region's growth is fueled by factors such as a burgeoning middle-class population, rapid industrialization, and increased consumption of packaged products. The food and beverage industries in China and India, along with the pharmaceutical sector in India, are significant contributors to the rising demand for slip additives. Additionally, Japan's expanding e-commerce market is driving packaging applications, further supporting market growth. The slip additives market is characterized by partial fragmentation, with key players like Croda International Plc, Evonik Industries AG, Lonza, PMC Group, Inc., and The Lubrizol Corporation playing pivotal roles in shaping the industry's landscape.

Explore More

Slip Additives Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Drivers

      1. 1.1.1 Increasing Demand from Food & Beverage Packaging Industry

      2. 1.1.2 Availability at Low Price Compared to Substitutes

      3. 1.1.3 Other Drivers

    2. 1.2 Restraints

      1. 1.2.1 Stringent Environmental Regulations on The Use of Plastics

      2. 1.2.2 Other Restraints

    3. 1.3 Industry Value Chain Analysis

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Bargaining Power of Suppliers

      2. 1.4.2 Bargaining Power of Buyers

      3. 1.4.3 Threat of New Entrants

      4. 1.4.4 Threat of Substitute Products and Services

      5. 1.4.5 Degree of Competition

  2. 2. MARKET SEGMENTATION (Market Size in Volume)

    1. 2.1 Carrier Resin

      1. 2.1.1 Polyethylene

      2. 2.1.2 Polypropylene

      3. 2.1.3 Other Carrier Resins (Polyvinyl Chloride, Polyamide,etc.)

    2. 2.2 Type

      1. 2.2.1 Fatty Amides

      2. 2.2.2 Waxes and Polysiloxanes

      3. 2.2.3 Other Types (Esters, Salts, etc.)

    3. 2.3 Application

      1. 2.3.1 Packaging

        1. 2.3.1.1 Food and Beverage

        2. 2.3.1.2 Consumer Goods

        3. 2.3.1.3 Healthcare

      2. 2.3.2 Non-Packaging

    4. 2.4 Geography

      1. 2.4.1 Asia-Pacific

        1. 2.4.1.1 China

        2. 2.4.1.2 India

        3. 2.4.1.3 Japan

        4. 2.4.1.4 South Korea

        5. 2.4.1.5 Rest of Asia-Pacific

      2. 2.4.2 North America

        1. 2.4.2.1 United States

        2. 2.4.2.2 Canada

        3. 2.4.2.3 Mexico

      3. 2.4.3 Europe

        1. 2.4.3.1 Germany

        2. 2.4.3.2 United Kingdom

        3. 2.4.3.3 Italy

        4. 2.4.3.4 France

        5. 2.4.3.5 Rest of Europe

      4. 2.4.4 South America

        1. 2.4.4.1 Brazil

        2. 2.4.4.2 Argentina

        3. 2.4.4.3 Rest of South America

      5. 2.4.5 Middle East and Africa

        1. 2.4.5.1 Saudi Arabia

        2. 2.4.5.2 South Africa

        3. 2.4.5.3 Rest of Middle East and Africa

Slip Additives Market Size FAQs

The Slip Additives Market size is expected to reach 322.34 kilotons in 2024 and grow at a CAGR of greater than 3% to reach 387.67 kilotons by 2029.

In 2024, the Slip Additives Market size is expected to reach 322.34 kilotons.

Slip Additive Market Report Snapshots

Slip Additives Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)