Fatty Amides Market Segmentation:
By Product (Erucamide, Oleamide, Stearamide, Behenamide), By Form (Beads, Powder, Others), By Region (North America, Europe, Asia Pacific, Central & South America, Middle East & Africa), End-Use Landscape, Vendor Landscape and Market Share & Competitive Landscape
Fatty Amides Market Insights
The demand for fatty amides is projected to grow an exponential CAGR over forecast period. The product is widely accepted as an internal & external lubricants, anti-blocking agent, release agent, sensitizer, gelling agent, and dispersant. The growing demand for polyolefins and printing inks is expected to positively impact market growth over the coming years.
Fatty Amides Market: Product Insights
On the basis of product, the fatty amides market is segmented into Erucamide, Oleamide, Stearamide, Behenamide. Erucamide is preferred in the manufacture of polypropylene films as it reduces the friction by a large proportion. The product also exhibits good stability at high temperatures. Erucamide is also used as a lubricant, antistatic, and release agent. The product is also widely used in manufacturing magnetic and printing inks.
Oleamide is used in the manufacture of thermoplastic resins among other products as a lubricant. Stearamide is used in various applications such as a modifier for crayons and pencils, additive for printing ink, and in textile oil production.
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Fatty Amides Market: Form Insights
On the basis of form, the fatty amides market is divided into beads, powder and others. Printing ink manufacturers and film processing companies prefer the use of fatty amides in the form of beads. Powdered fatty amides are used in thermoplastic resin and rubber processing. It is also used as a building block in textile oil manufacturing.
Fatty Amides Market: Regional Insights
The demand for fatty amides occupied the largest share in the Asia Pacific region. Growing production activities in countries such as China, India, Japan, and South Korea among other countries is expected to positively influence market growth. Large rubber and resin processing activities undertaken in this region is expected to foster market growth. The printing ink market is projected to grow at a high CAGR over the forecast period due to its increasing demand in the packaging industry.
The demand for fatty acids in the European and North American region is also anticipated to occupy a large share in the market. However, these regions are expected to grow at a moderate CAGR over the coming years.
Fatty Amides Market: Vendor Landscape
The report contains a chapter dedicated to vendors operating in the market, covering raw material manufactures, equipment developers, manufacturers, and distributors. The report provides these insights on a regional level. This section of the report entails contact details, experience, products manufactured/supplied, and geographical presence of companies.
Fatty Amides Market: End-Use Landscape
The report provides a detailed list of end-users operating across the world. The end-user landscape includes consumer contact details, geographical presence, revenue, product portfolio, organic and inorganic growth strategies among others. Some of the companies who are likely to use fatty amides include Harwal Group, Asmaco Packaging Industries, China Petrochemical Corporation, and Sealed Air Corporation among others.
Fatty Amides Market Share & Competitor Analysis
Some of the prominent companies in the fatty amides market include PMC Biogenix Inc., Croda International Plc., Nippon Fine Chemicals Co. ltd., Kao Corporation, Fine Organic Industries Pvt. Ltd., Nippon Kasei Chemical Company Limited, Italmatch Chemicals S.p.A., Hihang Industries Co., Ltd., and Sichuan Tianyu Oleochemical Co., Ltd.
In February 2017, PMC Biogenix, a subsidiary of PMC Group expanded its production capacity for fatty amide slip agent on account of its growing demand in the polyolefin market. In February 2016, Croda Polymer Additives announced plans to increase manufacturing capacity for fatty acid amides on account of growing demand for polymer slip additives.
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