Global Fatty Amides Market, 2016-2022
Global Fatty Amides Market, 2016-2022 Persistence Market Research Global Fatty Amides (Erucamide, Oleamide, Stearamide, and Behenamide) Market is Expected to be Valued at US$ 319.7 Mn by 2022: Persistence Market Research Persistence Market Research 1 Global Fatty Amides Market, 2016-2022 Persistence Market Research Released New Market Report According to a new market report published by Persistence Market Research “Global Market Study on Fatty Amides: Increasing Demand from Film & Sheets Industry to Drive Growth of Market during the Forecast Period 2016 - 2022”, the global fatty amides market is expected to expand at a CAGR of 6.2% in terms of value over 2016 - 2022. Global Fatty Amides (Erucamide, Oleamide, Stearamide, and Behenamide) Market is Expected to be Valued at US$ 223.1 Mn by 2016 end, owing to factors such as increasing demand for polyolefin films in developing countries and cost-efficient solutions Fatty amides are derived from fatty acids such as erucic acid, oleic acid, and stearic acid. Primary fatty amides such as erucamide, oleamide, stearamide, and behenamide are widely used as slip agents and anti-blocking agents by polyolefin film processing industries. Erucamide is a primary amide and is synthesized by reacting erucic acid with gaseous ammonia. Around 35% of erucic acid produced globally is used for commercial manufacturing of erucamide. Erucamide is preferred as a slip agent for polyolefin film processing due to its ability to reduce value of the coefficient of friction (COF) of the film surface. Oleamide has found wide application in the manufacturing of polyolefin films, which can use for food packaging. It is referred to as fast blooming agent due to its ability to move rapidly on film surface. It is used as a dispersing agent in printing ink and dyes. Behenamide is an unsaturated long-chain carboxylic acid amide derived from behenic acid. Behenic acid is synthesized by hydrogenation of erucic acid, which is further reacted with ammonia to produce behenamide. It offers anti-blocking and slipping properties that maintain polyolefin films clarity. Stearamide is a saturated long-chain carboxylic acid amide derived from stearic acida fatty acid. It offers better anti-blocking properties and slipping properties compared to erucamide and oleamide. Stearamide and behenamide are used in combination with erucamide as an anti-blocking agent in polyolefin film processing. Fatty amides are commercially sold in various forms such as beads, micro beads, powder, and pastilles. End-user industries such as film processing and ink manufacturers prefer fatty amides in beads form due to easy of handling. The global fatty amides market is expected to grow at a CAGR of 6.2% in terms of volume during the forecast period. Persistence Market Research 2 Global Fatty Amides Market, 2016-2022 Request Sample Report: http://www.persistencemarketresearch.com/samples/10004 In terms of market value, Asia-Pacific is expected to dominate the global fatty amides market over the forecast period, followed by Europe, which is estimated for the account for one-fourth share of the global market value by 2016 end. Consumption of fatty amides in the Middle East and Africa is expected to witness relatively slow growth as compared to other regions. The fatty amides market in North America is expected to expand at a low growth rate compared to other regions in terms of value between 2016 and 2022. View Detail Report With TOC: http://www.persistencemarketresearch.com/marketresearch/fatty-amides-market.asp Croda International Plc, PMC Biogenix Inc., and Fine Organic Industries Pvt. Ltd. are the leading players in the global market of fatty amides. Other players include Italmatch Chemicals S.p.A., Nippon Fine Chemicals Co. Ltd., Nippon Kasei Chemicals Limited, Kao Corporation, and Haihang Industries Co. Ltd. The global market of fatty amides is segmented as follows: By Product Type Erucamide Oleamide Stearamide Behenamide By Product Form Beads Powder Others (Pastilles) Persistence Market Research 3 Global Fatty Amides Market, 2016-2022 By Regions North America Latin America Europe Asia Pacific Middle East & Africa For more Info: http://www.persistencemarketresearch.com/contact-us.asp Market History: Fatty amides are derived from fatty acids such as erucic acid, oleic acid, and stearic acid. Primary fatty amides such as erucamide, oleamide, stearamide, and behenamide are widely used as slip agents and anti-blocking agents by polyolefin film processing industries. Owing to its value-added properties, fatty amides has found great application in manufacturing of inks and dyes. Erucamide is a primary amide and is synthesized by reacting erucic acid with gaseous ammonia. Around 35% of erucic acid produced globally is used for commercial manufacturing of erucamide. Erucamide is preferred as slip agent for polyolefin film processing due to its ability to reduce the value of COF (Coefficient of Friction) of the film surface. Oleamide has found wide application in the manufacture of polyolefin films, which can be used for food packaging. It is referred to as fast blooming agent due to its ability to move rapidly on a film surface. It is used as a dispersing agent in printing ink and dyes. Stearamide and behenamide are used in combination with erucamide as an anti-blocking agent in polyolefin film processing. The global market of fatty amides is expected to expand at a CAGR of 6.2% in terms of value over the forecast period. Drivers and Trends Demand for fatty amides is influenced by demand for polyolefin films from packaging and food & beverage industries. Plastic and film processing is well-establish in Europe and North America and is significantly growing in emerging markets such as India and South Korea. Currently, demand for fatty amides in Europe and North America is lesser than in Asia Pacific. Persistence Market Research 4 Global Fatty Amides Market, 2016-2022 Market Taxonomy Persistence Market Research, in its report titled, “Fatty Amides (Erucamide, Oleamide, Stearamide, and Behenamide) Market: Global Industry Analysis and Forecast, 2016-2022”, has segmented the global fatty amides market by product type, product form, and regions. On the basis of product type, the market is segmented into erucamide, oleamide, stearamide, and behenamide. On the basis of product form, the market is segmented into beads, powder and other (pastilles). On the basis of regions, the fatty amides market is segmented into Asia-Pacific, Europe, North America, Latin America, and the Middle East & Africa. Analysis, by Region Amongst the aforementioned regional segments in the global fatty amides market, the fatty market in Asia Pacific is expected to expand at a CAGR of 7.4% in terms of value during the forecast period. The market in the region is estimated to account for over one-third share of the global fatty amides market in terms of value by 2016 end. In terms of volume, the market in North America is expected to exhibit steady growth during the forecast period. It is slated to account for the value share of around 20% by 2016 end. Sale of fatty amides in Latin America and the Middle East & Africa are forecast to grow at relatively lower rates over the forecast period. Persistence Market Research 5 Global Fatty Amides Market, 2016-2022 Follow us on Linkedin: https://www.linkedin.com/company/persistence-market-research-&consulting About Us: Persistence Market Research (PMR) is a full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs. 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