Sizing Agents Market Size & Share, By Type (Synthetic, Natural), Application (Food and Beverage, Paper board), Regional Forecast, Industry Players, Growth Statistics Report 2024-2032

Market Outlook:

Sizing Agents Market size exceeded USD 3.15 Billion in 2023 and is predicted to cross USD 4.89 Billion by end of the year 2032, observing around 5% CAGR between 2024 and 2032.

• Base Year Value (2023): USD 3.15 Billion
• CAGR (2024-2032): 5%
• Forecast Year Value (2032): USD 4.89 Billion
• Historical Data Period: 2019-2023
• Largest Region: Asia Pacific
• Forecast Period: 2024-2032

Market Dynamics:

Growth Drivers & Opportunity:

1. Increasing demand from end-use industries: The sizing agents market is expected to witness significant growth due to the increasing demand from end-use industries such as textiles, paper, and packaging. Sizing agents are widely used in these industries to improve the surface properties of the substrate, enhance printability, and provide better strength and water resistance. As these industries continue to expand, the demand for sizing agents is expected to grow substantially.

2. Growing emphasis on sustainable products: There is a rising emphasis on sustainable products and processes across various industries. Sizing agents play a crucial role in improving the sustainability of paper and textiles by reducing the consumption of raw materials, water, and energy during production. This is expected to drive the demand for eco-friendly sizing agents, thus contributing to market growth.

3. Technological advancements in sizing agent formulations: The development of advanced sizing agent formulations with improved properties such as higher efficiency, stability, and compatibility with other chemicals is expected to fuel market growth. Manufacturers are focusing on the development of innovative sizing agents to meet the evolving requirements of end-use industries, which is likely to drive market expansion.

4. Growing demand for lightweight packaging materials: The increasing demand for lightweight packaging materials, especially in the food and beverage industry, is expected to drive the demand for sizing agents. Sizing agents help in improving the strength and printability of packaging materials, making them suitable for packaging applications. As the demand for lightweight and sustainable packaging solutions continues to rise, the sizing agents market is anticipated to witness growth opportunities.

Report Scope

Report Coverage	Details
Segments Covered	Type, Application
Regions Covered	• North America (United States, Canada, Mexico) • Europe (Germany, United Kingdom, France, Italy, Spain, Rest of Europe) • Asia Pacific (China, Japan, South Korea, Singapore, India, Australia, Rest of APAC) • Latin America (Argentina, Brazil, Rest of South America) • Middle East & Africa (GCC, South Africa, Rest of MEA)
Company Profiled	Refnol Resins & Chemicals, Angel Starch & Food Private Limited, Solenis, Mare spA, Drop Chemicals SA

Industry Restraints:

1. Environmental regulations and concerns: The sizing agents market may face restraints due to stringent environmental regulations governing the use of certain chemicals in sizing agent formulations. Manufacturers are under pressure to comply with environmental standards and reduce the environmental impact of their products, which may pose challenges for market growth.

2. Fluctuating raw material prices: Sizing agents are formulated using various raw materials, and fluctuations in the prices of these raw materials can impact the overall production costs. Volatility in raw material prices can affect the profitability of sizing agent manufacturers and create restraints for market growth.

3. Intense competition from substitutes: Sizing agents face competition from substitutes such as surface sizing agents, film press sizing agents, and coating materials in various applications. The availability of alternative solutions may hamper the growth of the sizing agents market, especially in regions where these substitutes are preferred or readily available.

Regional Forecast:

North America:

The sizing agents market in North America is expected to witness significant growth due to the presence of a well-established paper and textile industry in the region. The United States and Canada are the key countries driving the market growth in North America. The demand for sizing agents in the paper industry is driven by the increasing use of packaging materials and a growing e-commerce industry in the region. Additionally, the textile industry in North America is also driving the demand for sizing agents, especially in the production of apparel and technical textiles.

Asia Pacific:

In the Asia Pacific region, China, Japan, and South Korea are the key markets for sizing agents. China, in particular, is projected to witness substantial growth in the sizing agents market due to the rapid industrialization and the presence of a large number of paper and textile manufacturing units. Japan and South Korea are also significant contributors to the market growth, driven by the increasing demand for sized papers and textiles in the region.

Europe:

In Europe, the United Kingdom, Germany, and France are the prominent markets for sizing agents. The region has a well-established paper and textile industry, which is driving the demand for sizing agents. Additionally, the growing emphasis on sustainable and eco-friendly sizing agents is also contributing to the market growth in Europe. The increasing adoption of digital printing technologies is also boosting the demand for specialty sizing agents in the region.

Segmentation Analysis:

In terms of segmentation, the global sizing agents market is analyzed on the basis of Type, Application.

Sizing Agents Market Analysis

Type:

The type segment in the sizing agents market refers to the different categories of sizing agents used in various industries. Sizing agents can be categorized into natural, synthetic, and hybrid sizing agents. Natural sizing agents are derived from renewable sources such as starch, cellulose, and protein. These sizing agents are environmentally friendly and biodegradable, making them a popular choice in industries looking to reduce their environmental footprint. On the other hand, synthetic sizing agents are chemically synthesized and offer superior performance in terms of strength and durability. Finally, hybrid sizing agents combine the best properties of both natural and synthetic sizing agents, offering a balance between performance and sustainability.

Application:

The application segment in the sizing agents market refers to the different end-use industries that utilize sizing agents in their manufacturing processes. The key applications of sizing agents include paper & paperboard, textiles, paints & coatings, and others. In the paper & paperboard industry, sizing agents are used to improve the printability, strength, and water resistance of paper products. In the textiles industry, sizing agents are applied to yarns to improve their weaving and handling properties. Sizing agents are also used in paints & coatings to enhance adhesion and water resistance of the final product. Additionally, sizing agents find applications in other industries such as construction materials and adhesives, where they are used to improve the strength and durability of the end products. Each of these applications has distinct requirements for sizing agents, driving the demand for tailored solutions in the market.

Competitive Landscape:

The sizing agents market is highly competitive and fragmented, with a plethora of small and large players vying for market share. The market is characterized by the presence of several established companies offering a wide range of sizing agents to cater to the diverse needs of end-use industries. Innovation, product development, and strategic collaborations are some of the key strategies adopted by the players to gain a competitive edge in the market. Additionally, the market players are focusing on expanding their product portfolio and enhancing their distribution networks to strengthen their market position. The increasing demand for sizing agents from industries such as textiles, paper, and cosmetics is further intensifying the competition in the market.

Top Market Players:

1. BASF SE

2. Kemira Oyj

3. Solenis LLC

4. Buckman Laboratories International, Inc.

5. Evonik Industries AG

6. Seiko Chemical Co., Ltd.

7. Beochemie GmbH

8. Georgia-Pacific LLC

9. Harima Chemicals Group, Inc.

10. Shandong Tiancheng Chemical Co., Ltd.