AdvanceMarketAnalytics, a global market research and consulting organization, have released a new study titled "Erucamide market - Global outlook to 2026". Industries constant focus on reducing the operational cost and increased attention on core business, and need to improve scalability are expected to shape the Global Erucamide market to grow at a CAGR of %.
The Distribution Channel, such as Online, is boosting the Erucamide market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
According to Analyst at AMA Research, the Global Erucamide market will experience significant growth during the forecast period due to potential opportunities lying in the market such as . Some of the important driving forces are Rising Plastic Sheets As Well As Films Market and Increasing Usage Surfactants in Various Industries.
Erucamide is long chain carboxylic acid amide, which made from Erucic acid as well as non-animal sources. It is known to be thermally extra stable than oleamide. Additionally it is produced from rapeseed oil which is further applicable in the making of erucamide. It is usually derived by reaction of purified erucic acid with ammonia at higher temperature and pressure. There are two type of erucamide such as High purity erucamide and general erucamide. Erucamide is applicable in different industries such as plastics industry, ink and paint industry, rubber industry and other.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Erucamide market by Type (High Purity Erucamide and General Erucamide), by Application (Plastics Industry, Ink and Paint Industry, Rubber Industry, Other Industry and Food Packaging) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key trends (current and future) of the market