the surface. According to a Coherent Market Insights’ study, industrial
packaging market is projected to reach US$ 97.2 billion by 2025 and to
exhibit a CAGR of 6.1% over the forecast period (2017-2025). Therefore,
signifcant growth in the global industrial packaging market is expected to
boost growth of the antistatic agents market.
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New antistatic coatings available in the market are used in windows,
specialty papers, instrument housings, photographic flms, construction and
building materials, release coatings, and packaging materials such as trays.
Increasing demand for antistatic coatings for various applications is
expected to contribute to signifcant growth of the market. According to the
British Coating Federation, the paints and coating industry in the U.K. was
valued at US$ 2.4 billion in 2016.
Manufacturers are focused on launching innovative products containing
antistatic agents such as flms, sprays, and coatings, which in turn is fuelling
growth of the global antistatic agents market. For instance, in August 2017,
Uflex launched white antistatic twist wrap bi-axially oriented polyethylene
terephthalate (BOPET) flm, FLEXPETTM F-WTG-AS for the candy and
confectionery industry.
Regulations on antistatic agents, especially for those used in food packaging
materials are expected to hinder growth of the global antistatic agents
market. For instance, Section 178.3130 of the Code of Federal Regulations,
U.S. Food and Drug Administration (FDA) limits the use of antistatic agent in
food packaging material. For instance, alpha-(carboxymethyl)-omega-
(tetradecyloxy)polyoxyethylene) can only be used as antistatic agent at