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Fatty Amide Market Segmented By Eurcamide, Oleamide, Stearamide and Behenamide type in the Form of Beads, Powder, Pastilles with Fucntions such as Lubricants, Anti-Block Agents, Release Agents and Dispersants
Fatty amides are the amides derived from fatty acids such as erucic acid, stearic acid oleic acid and others. Some of the primary fatty amides includes erucamide, oleamide, stearamide and behenamide which are widely used as slip agents and anti-blocking agents by polyolefin film processing industries.
Eurcamide is produced by reacting erucic acid with gaseous ammonia. Due to its ability to reduce the coefficient of friction on the film surface, Eurcamide is also considered a slip agent for polyolefin. Oleamide is used as a dispersing agent in printing ink and dyes. It is also used in the application in the manufacture of polyolefin films, which can be used for food packaging.
The eurcamide segment held a significant share in the fatty acid market. Fatty amides are commercially sold in the form of powder, beads, and other (pastilles). Oleamide has also found wide application in the manufacture of polyolefin films, which can be used for food packaging. Stearamide and behenamide are used in combination with erucamide as an anti-blocking agent in polyolefin film processing.
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Increasing demand for polyolefin films from packaging and food and beverage industries is expected to drive the demand for fatty amide during the forecast period. Moreover, increasing use of Polyolefin shrink films in food and beverages, pharmaceuticals, consumer goods, and industrial packaging application is further anticipated to bolster the market during the assessment period.
With increasing per capita income in developing countries, demand for personal care and cosmetics products is anticipated to grow substantially and thereby increasing the demand for fatty amide in the foreseeable future. Other applications including fabric treatment, cleaners, etc. are further expected to push the demand for fatty amides in upcoming future.
Volatile raw material prices of fatty amides is anticipated to restrict the market growth. Fluctuations in the price of raw material are affect the product price for the manufacturers hampering the global fatty amides market. Furthermore, available of substitutes of fatty amide in plastics, paints and coating industries such as silicone based compounds are further projected to restrain the market growth of fatty amides during the forecast period.
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Get a Customized VersionThe global diverse market of Fatty Amide can be segmented based on types, based on form, based on end-use industry, based on type, based on function and based on the form.
Based on types, the global Fatty Amide market can be subdivided in to:
Based on Form, the global Fatty Amide market can be subdivided in to:
Based on End-use industry, the global Fatty Amide market can be subdivided in to:
Based on Function, the global Fatty Amide market can be subdivided in to:
Ongoing Covid-19 pandemic is predicted to have a short term effect on the fatty amides market. Fatty amide manufacturers are increasing the efforts to hands-on resources and capitalize on minimizing the impending consequences of COVID-19.
The global industrial films market is dominated prominently by Tier I and II players with their manufacturing facilities spread across various countries. Owing to the effect of COVID-19 some of the players in the market have announced the suspension of production due to the lowered demand, supply chain bottlenecks, and to protect the safety of their employees during this pandemic.
As a result, the demand for fatty amide is anticipated to be decreased during this period. Manufacturers are likely to adjust production to prevent bottlenecks and plan production according to demand from the tier I manufacturers of polyolefin films.
As Releasing Agent is also a function of fatty amide, the market of the mold releasing agent witness neutral impact during the global pandemic. Many businesses will go through the response, recovery, and renewal phase in the upcoming quarters.
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Asia Pacific region dominated the global fatty amides market accounting for the prominent share, followed by Europe and North America. The region is projected to grow at highest rate and maintain dominance over the forecast period in the global fatty amide market and the growth in the region is attributed to the improving economic conditions, increasing disposable income, and positive demographic outlooks such as the increasing population and rising per capita income in the region.
Asia Pacific region is also a big market for the food industries so the food and packaging industries have a huge demand for fatty amide. Plastic film processing is well established in Europe and North America and has a significantly growing market.
High working population in North America and Europe led to increased consumption of packaged foods in the regions and thereby driving the demand for fatty amide. Middle East and Africa and Latin America comparatively hold the lower share and are anticipated to witness low to moderate growth of fatty amine during the forecast period.
Amongst all other end-use industries, Industrial film and Food Packaging holds the highest market and are expected to grow at significant rate on the back of increasing demand from the developing countries.
As the food packaging and manufacturing as well as the polyolefin film industry across the globe experiencing huge growth in the demand, fatty amide demand is anticipated to spur during the forecast period.
Key players are planning to focus on fulfilling the required demand in the nick of time. They also focus on developing a partnership with the regional distributes to achieve competitive profit in their evolving global market.
List of some of the prominent layers in the global market of Fatty Amide identified across the value chain includes:
The research report on the Fatty Amide market presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data.
The Fatty Amide market report also contains projections using a suitable set of assumptions and methodologies. The research report on the Fatty Amide market provides analysis and information according to market segments such as product type, and end-use.
The Fatty Amide 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.
The Fatty Amide market report provides an in-depth analysis of parent market trends, macro-economic indicators, and governing factors along with market attractiveness as per segments. The Fatty Amide market report also maps the qualitative impact of various market factors on market segments and geographies.
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company
