According to a new
market report published by Persistence Market Research titled,
“Global Market Study on Fatty Amides: Increasing Demand from
Film & Sheets Industry to Drive Growth of Market during the
Forecast Period 2016 - 2022”, the global fatty
amides market is expected to expand at a CAGR of 6.2% in terms of
value over 2016 - 2022. Global Fatty Amides (Erucamide, Oleamide,
Stearamide, and Behenamide) Market is Expected to be Valued at US$
223.1 Mn by 2016 end, owing to factors such as increasing demand for
polyolefin films in developing countries and cost-efficient solutions
Fatty amides are
derived from fatty acids such as erucic acid, oleic acid, and stearic
acid. Primary fatty amides such as erucamide, oleamide, stearamide,
and behenamide are widely used as slip agents and anti-blocking
agents by polyolefin film processing industries. Erucamide is a
primary amide and is synthesized by reacting erucic acid with gaseous
ammonia. Around 35% of erucic acid produced globally is used for
commercial manufacturing of erucamide.
Erucamide is
preferred as a slip agent for polyolefin film processing due to its
ability to reduce value of the coefficient of friction (COF) of the
film surface. Oleamide has found wide application in the
manufacturing of polyolefin films, which can use for food packaging.
It is referred to as fast blooming agent due to its ability to move
rapidly on film surface. It is used as a dispersing agent in printing
ink and dyes. Behenamide is an unsaturated long-chain carboxylic acid
amide derived from behenic acid. Behenic acid is synthesized by
hydrogenation of erucic acid, which is further reacted with ammonia
to produce behenamide. It offers anti-blocking and slipping
properties that maintain polyolefin films clarity. Stearamide is a
saturated long-chain carboxylic acid amide derived from stearic
acid-a fatty acid. It offers better anti-blocking properties and
slipping properties compared to erucamide and oleamide. Stearamide
and behenamide are used in combination with erucamide as an
anti-blocking agent in polyolefin film processing.
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Fatty amides are
commercially sold in various forms such as beads, micro beads,
powder, and pastilles. End-user industries such as film processing
and ink manufacturers prefer fatty amides in beads form due to easy
of handling. The global fatty amides market is expected to grow at a
CAGR of 6.2% in terms of volume during the forecast period.
In terms of market
value, Asia-Pacific is expected to dominate the global fatty amides
market over the forecast period, followed by Europe, which is
estimated for the account for one-fourth share of the global market
value by 2016 end. Consumption of fatty amides in the Middle East and
Africa is expected to witness relatively slow growth as compared to
other regions. The fatty amides market in North America is expected
to expand at a low growth rate compared to other regions in terms of
value between 2016 and 2022.
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Report With TOC:
http://www.persistencemarketresearch.com/market-research/fatty-amides-market.asp
Croda International
Plc, PMC Biogenix Inc., and Fine Organic Industries Pvt. Ltd. are the
leading players in the global market of fatty amides. Other players
include Italmatch Chemicals S.p.A., Nippon Fine Chemicals Co. Ltd.,
Nippon Kasei Chemicals Limited, Kao Corporation, and Haihang
Industries Co. Ltd.
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