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Ethylene Bis-oleamide Market Segmented By source such as Bio-based, Synthetic with application such as Processing Lubricants, Anti-sticking Agents, Oil-based Antifoaming agent
Plastic has become an integral part of our day to day life in use of related products. In order to manufacture and formulation for plastic, the manufacturers require plastic additives such as – ethylene bis-oleamide. Ethylene bis-oleamide is a wax based chemical having a relatively high melting point. In terms of physical appearance, ethylene bis-oleamide is hard and crisp compound, having a yellow color, insoluble in the solvents, and stable to acid, alkali & water.
Ethylene bis-oleamide is utilized as an internal and external lubricant for thermoplastics such as, PS (Polystyrene), AS (Acrylonitrile Styrene), PVC (Polyvinyl Chloride), ABS (Acrylonitrile Butadiene Styrene), PE (Polyethylene), PP (Polypropylene), PVAC (Polyvinyl Acetate), Cellulose Acetate, Nylon, phenolic-Resin and amino plastics.
Furthermore, in the rubber industry, ethylene bis-oleamide is used for better viscidity-resistant and agglomeration-resistant effect. Moreover, ethylene bis-oleamide has a wide range of applications in chemical fiber, mold release, dispersant of pigment & stuffing, powder coating, and others.
The growing industrialization, the transformation of human life and urbanization with innovative technologies is anticipated to create significant opportunities to ethylene bis-oleamide manufacturers in the near future.
Globally, in terms of industrial chemicals and materials production e.g., rubber, chemical, plastic & polymer, when combined together, contribute to represent more than half of the market share by volume due to a high number of applications of ethylene bis-oleamide in various plasticizers, especially PVC, PVAC, PP, Nylon, etc. The global ethylene bis-oleamide market is hence primarily driven from rising demand of plastics & polymers production.
Additionally, growth in the technological development of the automotive components has also been instrumental for employment of thermoplastic based materials for the need of lightweight material for better fuel efficiency and to improve vehicle performance.
Addtionally ethylene bis-oleamide is being widely used for the reason as the chemical compound acts as an anticorrosive agent, lubricant, melting point-raise agent for petroleum products. The aforementioned factors, are thus expected to propel the growth of the global ethylene bis-oleamide market in a significant extent. On the flip side, ethylene bis-oleamide does has a high threat from substitutes such as – stearamide which may prove as a key challenge for ethylene bis-oleamide market growth.
The environment-friendly plastic additive is being continually developed by corporate groups. Manufacturers are thus emphasizing to replace synthetic compounds by bio-based ethylene bis-oleamide. Thus, greener products becoming an integral is to act as a key trend for global ethylene bis-oleamide marker by the end of the forecast period
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Geographically, the South East Asia Pacific is identified as a relatively high growth market in terms of plastic goods and products which has been valued around USD 105 Billion by the end of 2017. The rapidly growing industrialization coupled with high demand for plastic goods and plastic additives industry in the countries of South East Asia such as China and India is anticipated to propel the ethylene bis-oleamide market in the coming years.
Furthermore, traditionally established markets such as North America and Europe are estimated to witness moderate growth in plastic additives market thereby enabling the consumption ethylene bis-oleamide, due to a decent demand for coatings and plastic additives in these regions.
The global ethylene bis-oleamide market has been understood to be a fragmented market owing to the healthy number of tier-1 and tier-2 manufacturers of ethylene bis-oleamide present in market, few players identified across the value chain of global market are – Croda International, Struktol Company of America, LLC, KLK Eleo, Tarak Chemicals Limited, Sichuan Tianyu Oleochemical Co., Ltd., NANJING LEPUZ CHEMICAL CO., LTD., Hindustan Colas Private Limited, MLA Industries, Abril Industrial Waxes Ltd, Lonza, and among others.
The global Ethylene Bis-oleamide research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data.
Global Ethylene Bis-oleamide market also contains projections using a suitable set of assumptions and methodologies. The research report on global Ethylene Bis-oleamide market provides analysis and information according to market segments such as geographies, application, and industry.
The global Ethylene Bis-oleamide market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain of the battery additives.
The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with Ethylene Bis-oleamide market attractiveness as per segments. The global Ethylene Bis-oleamide market report also maps the qualitative impact of various market factors on market segments and geographies.