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Fatty Acid Amides Market Size, Share & Industry Analysis, By Type (Stearamide, Behenamide, Erucamide, Oleamide, Others), By Form (Powder, Beads, Other), By Function (Gelling Agent, Dispersant, Lubricant (internal & External), Anti-Block agent), By Application (Injection molding, Films processing, Ink, Rubber, Others)Others and Regional Forecast, 2021-2028

Region : Global | Report ID: FBI102337 | Status : Ongoing

 

KEY INDUSTRY INSIGHTS

Fatty Acid Amides are chemical compounds containing long-chain fatty acid and an amide group in the structure. These compounds are predominantly used as lubricants mainly in the polymer industry. These are solid lubricants that are found to be chemically and thermally stable. The fluctuating raw material prices affect the prices of fatty acid amides to a great extent. For instance, erucic acid rapeseed (HEAR) oil is key raw material for erucamide, and it needs to be grown with a proper 2-year planning cycle. This also exposes it to vulnerable climate conditions.  


Fatty Acid Amides have strong demand in the plastic industry for its use as a superior additive and processing aid. It is used as both internal & external lubricant. Internal lubricant application includes torque reduction in rubber and resin processing whereas, the external lubricating application includes promoting slip to resin surfaces and enhance the fluidity of power materials. Its use as anti-blocking is predominant in pellets, resin powder, ink and film processing.


Key Market Driver -

Usage of fatty acid amides as lubricants and anti-block agent drives the global market.

Key Market Restraint -

Strong presence of substitutes in the market restricts the market growth.


However, there are strong substitutes to fatty acid amides in the global market. Some of these substitutes include silicone-based compounds that have wide adoption in plastics, paints & coatings industry. Moreover, the accumulation of fatty acid amides in the environment is found to be lethal to aquatic life. These factors have restrained market growth.


Market Segmentation:


Based on type, the market is segmented into Stearamide, Behenamide, Erucamide, Oleamide, and others. On the basis of form, the market is classified into powders, Beads and others. Based on function, the market is segmented into, Gelling Agent, Dispersant, Lubricant (internal & External), Anti-Block agent, Release agent and others. On the basis of application, the market is segmented into Injection molding, Films, Ink, rubber and others.


From a geographical standpoint, the market is categorised into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.


Key Players Covered:


The global Fatty Acid Amides market is relatively consolidated with only a few players operating in the global market. Some of the key players in the global Fatty Acid Amides include- Mitsubishi Chemical Corporation, KLK OLEO, PMC Group, Inc., Croda International Plc, Kao Corporation (Kao Group), Nippon Fine Chemical, Fine Organics, Italmatch Chemicals S.p.A., PUKHRAJ ZINCOLET and others.


Key Insights



  • New Advancements in Production Technologies

  • Key Trends in Fatty Acid Amides market

  • New Product Launches, Expansions, Key Players

  • Regulatory Landscape


Regional Analysis:


The global Fatty Acid Amides market has been segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. The Fatty Acid Amides market is dominated by the Asia-Pacific region in terms of both consumption and production. China, India, Japan, Malaysia, etc. are the major manufacturers of Fatty Acid Amides in the region and World as well. North America accounts for the second-largest share in the global fatty acid amides market and the market is expected to witness moderate growth over the forecast period, owing to slow growths in various end-use industries. Europe is also expected to follow a similar trend as of North America.


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The region is expected to experience slow growths over the short-term forecast, due to regulatory policy changes, and moderate growths over mid and long term forecast. The volatility in socio-political conditions in Latin America may result in slow market growth over the forecast period. However, the market is expected to witness healthy growths with improving political conditions in the region. Middle East & Africa is sa relatively small market for fatty acid amides but has huge potential for growth. Most of the demand in the region is driven by GCC countries. However, the market in the region is expected to witness moderate growths over the forecast period due to lack of technological advancement and infrastructure in the African region.


Segmentation






























 ATTRIBUTE


 DETAILS

By Type




  • Stearamide

  • Behenamide

  • Erucamide

  • Oleamide

  • Others



By Form




  • Powder

  • Beads

  • Other



By Function




  • Gelling Agent

  • Dispersant

  • Lubricant (internal & External)

  • Anti-Block agent

  • Release agent

  • Others



By Application




  • Injection molding

  • Films processing

  • Ink

  • Rubber

  • Others



By Geography




  • North America (USA, Canada)

  • Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)

  • Asia Pacific (Japan, China, Taiwan, India, South Korea, Southeast Asia and Rest of Asia Pacific)

  • Latin America (Brazil, Mexico, Rest of Latin America)

  • Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)



Fatty Acid Amides Industry Developments



  • In February, 2017, Croda International plc announced plans to invest to increase the production capacity of amides at its manufacturing facility at Hull in UK. The Hull facility is one of the 3 manufacturing facilities of company that produces fatty acid amide.     

  • In January 2016, PMC Biogenix increased the production capacity of fatty acid amide by about 30% at its production facility in Gyeongju, South Korea.  The company has production sites in Tennessee, US, and Gyeongju, South Korea for the production of fatty acid amides.


Fatty Acid Amides Market Size, Share and Global Industry Trend Forecast till 2026
  • Ongoing
  • 2020
  • 2017-2019

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