The global anti-fog additives market is expected to reach US$2.21 bln by 2024, according to a report by Grand View Research, Inc. Increasing demand for functional and packaged foods, primarily in China, India, Brazil and Thailand, Singapore and Vietnam, is likely to augment market expansion. New applications for these additives in architectural structures such as greenhouses and skylights will create immense industry potential in the near future.
Growing product demand in master batches for manufacturing polymers namely LDPE, LLDPE, EVA, and PVC as they offer a higher level of durability and performance will propel industry size over the forecast period. The growing demand for high-quality and efficient optical products is likely to impact market growth positively over the next eight years. Growing preference for biodegradable food packaging and agricultural films will open new market avenues over the next few years.
Sorbitan esters will witness significant growth at a CAGR of 7.0% in terms of revenue owing to its growing consumption in LDPE, LLDPE, PVC, and EVA films for food packaging and agricultural applications, as they have anti-fog, anti-static, and dispersion properties.
01-Jun-16 
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