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Fatty Amides Market fatty amides market
The global market for fatty amides stands at US$ 289.3 Mn in 2022. Worldwide sales of fatty amides are expected to witness steady growth at 5.1% CAGR and reach a market revenue of US$ 474.7 Mn by 2032. Fatty amide demand is anticipated to witness a growth rate of 5.1% through 2032 in terms of value. High fatty amides demand comes from the U.S., China, and South Korea.
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Persistence Market Research provides detailed insights about the global fatty amides market and provides a comprehensive information and data through structured market research methodology. The fatty amides market report incorporates the global industry analysis 2014–2018 and forecast 2019–2029, and evaluates the market and forecast in the upcoming market scenario based on the product type, form, and region.
To evaluate the market size, the report considers various aspects based on secondary and primary research. Moreover, key data points such as regional split and market split, by product type, form and region and qualitative inputs from secondary research and primary respondents have been included to provide appropriate market estimates. The forecast represented in the report assesses the total value generated by the global fatty amides market.
Increasing Applications in End-use Verticals to Upsurge the Demand for Fatty Amides
Increasing demand for fatty amides as slip agents and anti-block agents from the polyolefin film & sheet manufacturing industry is expected to drive the fatty amides market growth during the forecast period. The growing demand for environment-friendly products over petroleum-based ones creating a positive impact on the fatty amides market. Furthermore, increasing product penetration in applications, such as food packaging, soaps & detergents formulations, pharmaceutical, & personal care products provide growth prospect for the fatty amides market.
Increasing Demand for Polyethylene-based Products Propelling the Fatty Amides Market
There is a growing demand for polyethylene-based products due to their high tensile strength, coupled with the high impact resistance of products in film and sheet, and packaging sectors. Increasing demand for organic additives and the growing packaging industry results in propelling the fatty amides market growth.
Moreover, inclination of consumers towards environment-friendly products, and awareness about the impact of hazardous effects of petroleum-based and plastics products on the environment, are consider to be the significant factors in powering the growth of the fatty amides market. Increasing demand for polymer additives due to the increasing penetration in key end-use industries is expected to create opportunities for the fatty amides market.
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Key Companies-
Croda International Plc. PMC Biogenix Inc. Fine Organic Industries Pvt. Ltd. Nippon Fine Chemicals Co. Ltd. Kao Corporation Italmatch Chemicals S.p.A. Sichuan Tianyu Oleochemical Co., Ltd. Nippon Kasei Chemical Company Limited Haihang Industries Co., Ltd.
Fatty Amides Market Segmentation
Fatty Amides Market By Product Type:
Erucamide Oleamide Stearamide Behenamide
Fatty Amides Market By Product Form:
Fatty Amides Market By Application:
Lubricants Anti-Block Agents Release Agents Slip Agents Dispersants Others
Fatty Amides Market By Region:
North America Latin America Europe East Asia South Asia & Pacific Middle East & Africa
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Key Questions Answered in the Report
What is the current size of the fatty amides market?
At what rate is the demand for fatty amides projected to increase?
Who are the key manufacturers of fatty amides?
What is the market share of key players in the fatty amides market?
Which countries are large consumers of fatty amides?
How is the China fatty amides market faring?
Who are the key exporters of fatty amides?
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