PUBLISHER: DataM Intelligence | PRODUCT CODE: 1255857
PUBLISHER: DataM Intelligence | PRODUCT CODE: 1255857
The global fatty amides market reached US$ XX million in 2022 and is projected to witness lucrative growth by reaching up to US$ XX million by 2030. The market is growing at a CAGR of 4.32% during the forecast period (2023-2030).
Fatty amides are found in many natural and synthetic sources, including in animal and plant fats and oils, as well as in synthetic surfactants and lubricants. Some examples of fatty amides include lauramide, myristamide and stearamide. Fatty amides hold a wide range of applications in various industries. It are used as emulsifiers, lubricants and surfactants in the food and cosmetic industry.
Fatty amides can be used as a natural alternative to synthetic lubricants, which can harm the environment. The demand for fatty amides in the packaged food industry is increasing due to the growing consumer demand for natural and organic food products. Consumers is becoming more conscious of the ingredients they eat and looking for products free from artificial ingredients and preservatives. Fatty amides are a natural alternative to synthetic emulsifiers and are considered healthier for consumers.
Furthermore, the increasing concerns about the environmental impact of synthetic emulsifiers and lubricants are also driving the demand for fatty amides in the food industry. Fatty amides are biodegradable and have a lower environmental impact than synthetic emulsifiers and lubricants.
One of the major restraining factor is the increasing competition from other surfactants and emulsifiers. Due to the growing awareness and concerns about the environment and health, there is a shift towards bio-based and natural surfactants, which can be less expensive and more sustainable than chemical-based fatty amides. It can lead to a decrease in demand for fatty amides.
The COVID-19 Analysis includes Pre-COVID Scenario, COVID Scenario and Post-COVID Scenario along with Pricing Dynamics (Including pricing change during and post-pandemic comparing it with pre-COVID scenarios), Demand-Supply Spectrum (Shift in demand and supply owing to trading restrictions, lockdown and subsequent issues), Government Initiatives (Initiatives to revive market, sector or Industry by Government Bodies) and Manufacturers Strategic Initiatives (What manufacturers did to mitigate the COVID issues will be covered here).
The global fatty amides market is segmented based on type, product form, function, application and region.
Several factors drive the demand for fatty amides in film processing. One of the major factors is the growing demand for plastic films in various industries. Plastic films are used in packaging, agriculture, construction and many other industries and the demand for these films are increasing. The respective increased demand for plastic films drives the demand for fatty amides as lubricants and release agents in the film processing industry.
The increasing focus on sustainability and environmental protection in Asia-Pacific drives the demand for fatty amides. Fatty amides are considered more environmentally friendly than many other lubricants and release agents commonly used in the region. They are biodegradable and have a lower environmental impact than synthetic lubricants and release agents. As a result, as Asia-Pacific is catching upto other regions in terms of sustainability and environment protection, the demand for fatty acids is expected to grow, allowing the region to dominate the market.
The major global players include: Croda International Plc, Mitsubish Chemical Corporation, KLF OLEO, PMC Group,Inc., Kao Corporation, Nippon Chemical Corporation, Fine Organics, Italmatch Chemicals S.P.A, Zincolet and Kula Lumper Kepong Berhad.
The global fatty amides market report would provide approximately 69 tables, 67 figures and 219 Pages.
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