A frequent topic around here is how to remove those whitish deposits on Lionel or American Flyer postwar plastic parts.
Here's a video of how I remove them with a heat source, a toothbrush, and a soft cloth. First, I use a small craft-type heat gun, and, in the second example, a regular hair dryer on high. I would not recommend using a full-size heat gun, the type used for paint removal.
I have always believed the source to be a mold release compound similar to stearic acid that leaches out of the plastic over time, sometimes right through the layer of paint on the surface.
Anyway, whatever the source, this is how I do it.
Jim