Market World Anti-Fog Additives Market Analysis | Página 2

Evolving controlled farming activities due to improvements in the agriculture industry and increase in demand
for superior quality crops, is expected to shoot the necessities of films resulting into developments in anti-fog
markets. Rise in crop demand to cater the rising global population will likely further augment the growth of this
market.
The product finds applications in vehicle windscreens and windows in the automobile industry. Increasing
consumption of automobiles coupled with higher spending capacity of consumers is expected to have a positive
impact on the growth of this market.
Supervising environmental waste which is hazardous in nature produced during the production of agricultural
films is expected to pose as a significant contest for market development over the forecasted period. Strict
government legislations regarding the addition of these products in food packaging are also expected to delay
industry expansion in the foreseeable future.
Application Insights
Estimated at around USD 801.1 million, food packaging was the leading application in 2015. Owing to its
characteristics to improve film transparency as well as durability of packaged diet will probably observe market
gain over the next nine years. The product finds its applications in the food industry also by maintaining aesthetic
needs and visibility of the product, which will likely propel product demand over the forecast period.
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Increasing packaged food demand in the developing countries as well as some of the developed country such
as India, China, Malaysia, Indonesia, Mexico, South Africa, U.S., and U.K is supposed to boost the industry
expansion. Development of new technologies for processing and packaging in the U.S. food industry and other
European countries is another factor expected to contribute to the growth in the packaged food market, which
is projected to drive the global market.
Product Insights
The world market is expected to be dominated by glycerol esters accounting for around 30% of the total revenue
in 2015. It is estimated that the product will observe a substantial growth owing to its high application in food
packaging due to low production cost and its non-toxic nature.