Global Fatty Amides (Erucamide, Oleamide, Stearamide, Behenamide) Market to Grow at Robust CAGR in the COVID-19 Lockdown Scenario



 Fatty amides are oleamide, behenamide, erucamide and stearamide, which are commonly used in a number of industries, such as plastics manufacturing, rubber, and inks and coatings. Fatty amides are primarily used as slip agents and anti-block agents in the manufacture of polyolefin films and sheets are used in the packaging industry. Fatty acids preserve the transparency of the polyolefin film and serve as an anti-blocking agent. Almost 70% of fatty amides are used in the film production industry. Oleamide and stearamide are primarily used by industries such as paper, textiles, rubber and ink. 

The global demand for the fatty amides market is expected to reach US$ 420 million by the end of 2027, with sales growth of 6.2% for CAGR during the forecast period (2019 to 2027).

Market Opportunities

The booming rubber industry around the globe is expected to give the market for fatty amides future growth opportunities. According to the report published by Business Lines, natural rubber consumption is projected to be 1270,000 tonnes in 2019-20, backed by economic growth and higher import duty and anti-dumping duty on tyres, and consumption increased from 111, 2210 tonnes in 2017-2018 to 1211,940 tonnes in 2018-2019. 

Increasing demand for slip additives from health care to provide better sealing strength for plastic packaging items is expected to fuel the market growth of fatty amides market over the forecast period. In addition, the rising demand for erucamide-based slip additives from the packaging of consumer goods due to their high slippery performance, improved stability and high temperature performance is expected to boost the market growth of fat amides market.

To know the latest trends and insights prevalent in the global Fatty Amides (Erucamide, Oleamide, Stearamide, Behenamide) Market, click here: https://www.globenewswire.com/news-release/2020/04/27/2022623/0/en/Global-Fatty-Amides-Erucamide-Oleamide-Stearamide-Behenamide-Market-to-reach-US-420-Million-by-2027-CMI.html

Comments

Post a Comment

Popular posts from this blog

Canada Nano-Enabled Packaging For Food And Beverage Is Witnessing Massive Demand Due To Reduction In Waste And Cost-Saving

Image
  Canada nano-enabled packaging for food and beverage uses nanomaterials, using nanotechnology much smaller than 100 microns, to create packaging materials without adding toxic materials. Nano-enabled packaging for food and beverage has shown great acceptance in the packaging industry and is widely used in food & drink and medical packaging. This innovative packaging technology can be applied to a wide range of industries including cosmetics, pesticides, pharmaceuticals, automobiles, packaging solutions, textiles, rubber & plastic, and healthcare. This packaging offers a number of advantages over traditional packaging methods, which include recycling, reduction of waste, cost savings, reduced product vulnerability, and enhanced product life-cycle management. Its environmental benefit is also significant as it promotes the use of bio-degradable materials, improves energy efficiency, protects aquatic systems, and creates a safer working environment for workers. Currently, ...
Read more

Global Biofeedback Measurement Instrument Market to Rise During the COVID-19 Crisis Period Owing to Increasing Consumer Awareness

Image
  Increasing cases of neurological disorders, including depression, anxiety, ADHD, and other dementias, are expected to fuel the market growth of the biofeedback instrument market during the forecast period. For example, according to the World Alzheimer's Study released by Alzheimer's Disease International (ADI), new cases of dementia across regions in 2015 were 4.9 million (49.0 percent) in Asia Pacific, 2.5 million (25.0 percent) in Europe, 1.7 million (18.0 percent) in the Americas and 0.8 million (8.0 per cent) in Africa. In addition, according to Parkinson's UK, about 137,000 people in the UK suffered from Parkinson's disease in 2015. Parkinson's disease is the second most common age-related neurodegenerative condition after Alzheimer's. For example, according to Parkinson's UK, the estimated number of people with Parkinson's disease in Northern Ireland in 2015 was 241, 157 of whom were male and 85 were female. The global biofeedback instrument mark...
Read more

Global Automotive Pumps Market is expected to be valued at US$ 67214.51 Mn by end of 2027, Says CMI

Image
Market Overview Automotive pumps are important components of a vehicle or any other internal combustion engine to move fluids and increase fuel efficiency as well as vehicle performance. Generally, automobile pumps are used in a range of vehicle components, including steering, transmission, coolant, fuel and lubrication. Automotive pumps have seen considerable demand in order to provide environmentally sustainable solutions in the automotive industry. On the basis of vehicle type, the demand for automotive pumps has been segmented into passenger cars, light commercial vehicles and heavy commercial vehicles. On the basis of the distribution channel, the industry was segmented into the original equipment manufacturer (OEM) and the aftermarket.  The global Automotive pump market accounted for US$ 51,885.07 Mn in terms of value and 738,923 units in terms of volume in 2018 and is anticipated to expand at CAGR by 3.8% over the period 2019-2027. Market Opportunities Providing custom-made...
Read more