The
trend is increasingly exciting on the idea that:
Increasing
population across the globe lead to a rising
demand for agricultural output and packaged food products.
The demand
for antiblock additive from Asia-Pacific is fueled
by the rising standard of living and increasing per capita spending power of
consumers. High loading of inorganic antiblock additive affects mechanical and
optical properties of the plastic film layer.
Increasing
consumer awareness for switching to more efficient
synthetically prepared organic products offering enhanced flexibility at low
concentration levels is real.
For those who are unfamiliar, Antiblock additives make plastic film layers less sticky by creating a
micro-rough surface on the top of a film layer. Thus, they form an integral
component of any packaging application.
According to Research and
Markets, Food packaging constitutes a major share of the global antiblock additive
market due to high demand for packaged and ready-to-eat food products.
The firm also reveals that, increasing population and employment opportunities coupled with rise in
disposable income of consumers has led to an increase in the demand for packaged
food.
The
antiblock additive market is projected to reach USD 1,
10 billion by 2021, at a CAGR of 5.7% from 2016 to 2021.
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