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The market for anti-caking agents is being driven by the rising demand for food products like table salts, dried milk, egg mixes, sugar products, and flours. In Europe, the anti-caking agents for table salts include sodium ferrocyanide and potassium ferrocyanide. The anti-caking agents are categorised into natural and synthetic. Natural ones like magnesium carbonate and calcium carbonate are exorbitant as compared to the synthetic ones. Hence, they are sparingly used. Further, the booming food and beverage industry is expected to aid the market growth of anti-caking agents in the forecast period. Also, the rising demand for calcium compounds, which holds a significant share in the market is expected to enhance the market growth. The product offers varied functionality as well as high suitability in product formulations, as a result, influencing the market positively.
The market is led by various key industry players. PPG Industries, Inc. (NYSE: PPG) is one such key player, which offers the product for distribution. The company offers precipitated silica products, which is colourless, odourless, inert, and extremely absorptive materials that operate as free-flow and carrying agents in processes and products across several industries. The product is used in food, feed, agricultural and industrial chemicals, and catalyst. The anti-caking agent is also used in powdered food, such as table salt, spices, sugar, dried milk, and creamers, among others. The growing demand for these products is strengthening the market growth.
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PPG Industries, Inc., Solvay S.A., Evonik Industries AG, Kao Corporation, Norkem Limited, and PQ Corporation, among others, are the key players in the global anti-caking agents market. The EMR report looks into the capacity, market share, and latest developments of these major players like plant turnarounds, mergers and acquisitions, and capacity expansions.
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