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The growth of food processing and food packaging industry in the Asia Pacific Region is estimated to stimulate the market demand.
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Anti-Fog Additives Market To Reach USD 2.71 Billion By 2026 www.reportsanddata.com sales@reportsanddata.com
Market Summary The growth of food processing and food packaging industry in the Asia Pacific Region is estimated to stimulate the market demand. Anti-Fog Additives Market Size – USD 1.65 billion in 2018, Market Growth - CAGR of 6.2%, Market Trends – Investments in R&D for product development
Our Approach Market Summary The global anti-fog additives market is expected to reach USD 2.71 Billion by 2026, according to a new report by Reports and Data. Anti-fog additives are a type of non-ionic surfactants mostly used to reduce the formation of fog on the plastic sheets or films. Fog is formed due to the condensation of water vapor on the surface owing to the difference in temperature, humidity, or surface tension. An increase in the income level of the middle-class population in the developing nations, economical manufacturing of anti-fog additives, and the growth of the food processing and food packaging industries are some of the significant drivers for the growth of the anti-fog Additives market. A rise in demand for anti-fog additives in the global market is attributed to an increase in demand amongst end-user. Anti-fog additives are economical and henceforth are extensively used in the food packaging industry. This is the principal driver for the anti-fog additives market across the globe. Packaging used in the food industries is highly susceptible to the formation of the fog. As a result, these additives are extensively used in food industries, which is projected to propel the growth of the global market Key participants include Croda International PLC, AkzoNobel N.V., Ashland Inc., Clariant AG, PolyOne Corporation, Evonik Industries AG, PCC Chemax Inc., DuPont, Emery Oleochemicals, and A. Schulman Inc. among others. Click on the link below to get a free Sample Copy of the Report: https://www.reportsanddata.com/sample-enquiry-form/1265
Our Approach Market Summary Product Type Outlook (Volume, Kilo Tons; 2016-2026 and Revenue, USD Million; 2016-2026) Glycerol Esters Ethoxylated Sorbitan Esters Polyglycerol Esters Sorbitan Esters Polyoxyethylene Esters Others Form Outlook (Volume, Kilo Tons; 2016-2026 and Revenue, USD Million; 2016-2026) Creams Gels Spray Solutions Wet Wipes Others Click here to Get customization & check available discount for the report @ https://www.reportsanddata.com/discount-enquiry-form/1265
Our Approach Market Summary Application Outlook (Volume, Kilo Tons; 2016-2026 and Revenue, USD Million; 2016-2026) Food Packaging Films Agricultural Films Others Regional Outlook (Volume, Kilo Tons; 2016-2026 and Revenue, USD Million; 2016-2026) North America Europe Asia Pacific Latin America MEA
Our Approach Market Summary Further key findings from the report suggest Glycerol esters occupied the largest market in 2018 with more than 30% of the market share. The dominance of glycerol esters in the market is due to its wide range of usage in the food packaging industry attributed to the low cost of production and its non-toxic characteristic. Food packaging films captured the largest market share with a revenue generation of USD 1.22 billion in 2018 and are expected to have a growth rate of 6.2% in the forecast period. The market dominance of anti-fog additives application in food packaging films is attributed to the improved transparency of packaging films along with the high longevity of the packed foodstuffs by the use of this product. Furthermore, better visibility and aesthetic appeal provided to the product will drive demand in the forecast period The anti-fog additives market in Asia Pacific region held the largest share of the global market with a revenue of USD 0.59 billion in 2018 and is expected to experience a growth rate of 6.3% over the forecast period. This is attributed to the booming food packaging and automotive sector in developing nations including India, China, and Vietnam. The rising demand for packaged food owing to rapid growth in population, a rise in the level of disposable income, and change in lifestyle would fuel the market growth in the forecast period. Read More @ https://www.reportsanddata.com/report-detail/anti-fog-additives-market
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