PUBLISHER: The Insight Partners | PRODUCT CODE: 1535263
PUBLISHER: The Insight Partners | PRODUCT CODE: 1535263
The Europe ethylene bis stearamide market size was valued US$ 95.03 million in 2023 and is projected to reach US$ 139.76 million by 2031; it is anticipated to record a CAGR of 4.9% from 2023 to 2031.
Ethylene bis stearamide (EBS) is a synthetic wax produced by reacting stearic acid with ethylenediamine. Its lubricating, antistatic, and dispersing capabilities have given it widespread applications. The coatings and adhesives sectors also contribute significantly to the EBS market. EBS is used as a matting agent in the coatings industry; it provides a desirable finish and improves the durability of the coated surfaces.
Based on type, the Europe ethylene bis stearamide market is segmented into beads, powder, and others. Powder EBS is a versatile and widely used additive in industries such as plastics, rubber, coatings, and cosmetics. As a fine, free-flowing powder, EBS offers exceptional ease of dispersion and incorporation into a variety of materials. This form is particularly advantageous when uniform distribution within the host matrix is crucial, as the fine particles ensure consistent performance throughout the product. Based on application, the market is segmented into dispersing agent, release agent, antistatic agent, pigment stabilizer, and others. EBS is widely utilized as a dispersing agent due to its unique chemical properties, enhancing the distribution and stability of various formulations. In the plastics industry, EBS is particularly valued for its ability to improve the dispersion of pigments and fillers, resulting in more uniform coloration and mechanical properties in the final product. Its effectiveness arises from its amphiphilic nature, which allows it to interact with both hydrophilic and hydrophobic substances, thus reducing surface tension and preventing agglomeration. Based on end-use industry, the market is segmented into plastic; rubber; electrical & electronics; paints, inks, and coatings; textile; adhesives & sealants; and others. In the plastics industry, EBS is used for its multifunctional properties that enhance the performance and processing of various polymeric materials. EBS acts primarily as a lubricant and release agent, reducing friction during the extrusion and molding processes, which facilitates smoother operations and reduces wear on machinery.
In 2023, Germany dominated the Europe ethylene bis stearamide market share. Germany is one of the leading producers of automobiles worldwide, and several major car manufacturing companies, including Volkswagen, BMW AG, and Audi, are located in the country. Germany produces ~6 million vehicles annually, including passenger cars and commercial vehicles. According to Germany Trade & Invest GmbH, Germany is Europe's largest automotive market, with strong production and sales, accounting for ~25% of all passenger cars manufactured and almost 20% of all new registrations. The country also possesses the largest concentration of original equipment manufacturer (OEM) plants in Europe.
Kao Corporation; ATAMAN Kimya AS; SINWON INDUSTRIAL CO., LTD; DEUREX AG; Kuala Lumpur Kepong Bhd; Azelis Group NV; Guangzhou Cardlo Biotechnology Co., LTD; Basstech International; PMC Group, Inc; and Hoganas AB are key players operating in the Europe ethylene bis stearamide market. Market players focus on providing high-quality products to fulfill customer demand. They are also adopting strategies such as investments in research and development activities and new product launches.
The overall Europe ethylene bis stearamide market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain more analytical insights into the topic. Participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the Europe ethylene bis stearamide market.