About Fatty Amides
Fatty amides are amides which are formed from a fatty acid and an amine. Fatty amide have ethanolamine as the amine component. It is known as N-acylethanolamines. They are derived from erucic acid, stearic acid and oleic acid. Hence they are differentiated on the basis of their source. Essential fatty amides are erucamide, oleamide, stearamide and behenamide are widely used. They are used as functional agents in polyolefin film processing industries. This polyolefin film processing is mainly used in paper, food & beverages industries. Thus, rising expenditure of this end use industries has impacted on the demand for fatty amide in positive manner. Geographically, Asia Pacific region is witnessing huge demand for fatty amide owing to increasing paper and plastic industry followed by North America and Europe.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The market of Fatty Amide is expected to grow with rising demand from end use industries. Several companies are operating in the market to provide Fatty Amide for multiple functioning. The market is highly fragmented with the presence of several market players. They are gaining attention owing to their innovative and novel portfolio. In addition, market profitability is attracting new entrant which is turn impacted on competitive rivalry. Analyst at AMA Research estimates that Japan and China Vendors will contribute the maximum growth to Global Fatty Amides market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Mitsubishi Chemical (Japan), BASF (Germany), Sichuan Tianyu Oleochemical Co., Ltd. (China), Kuala Lumpur Kepong Berhad (Malaysia), Croda International (United Kingdom), Haihang Industry (China), Italmatch Chemicals (Italy), Kao Corporation (Japan), Fine Organics (India), PMC Biogenix (United States), Nippon Fine Chemical (Japan) and Merck KGaA (Germany) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Fatty Amides market by Type (Erucamide, Stearamide, Behenamide and Oleamide), Application (Film Processing, Plastic Processing’s, Rubber Hardening, Paper and Others) and Region.
On the basis of geography, the market of Fatty Amides has been segmented into 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). If we see Market by Function, the sub-segment i.e. Lubricants will boost the Fatty Amides market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Form, the sub-segment i.e. Beads will boost the Fatty Amides market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Preference for Fatty Amide as Lubricants in Consumer Goods
Market Growth Drivers:
Rising Demand for Fatty Amide in Rubber & Textile Industry, Increasing Industrial Infrastructure of Chemical Industry and Enhanced Focus on Using Personal Care Products
Challenges:
Availability of Alternatives and Supply Chain Disruption Owing to Pandemic
Restraints:
Strengthen Government Regulations and Disruption in Global Trading
Opportunities:
Rising Consumer Goods Industrial Infrastructure of Asia Pacific Region and Increasing Plastic and Paper Processing’s across Industries
In 2022, BASF expand capacity for key specialty amines in North America. BASF will be able to produce more of its major polyetheramines and tertiary amines marketed under the Baxxodur and Lupragen names after the completion of a flexible world-scale production plant expansion by mid-2023. These North American assets will be added to a global network of speciality amines production units, including those at Verbund sites in Ludwigshafen, Germany, and Nanjing, China.
Key Target Audience
Fatty Amide Manufacturers, Fatty Amide Suppliers/Distributor, Raw Material Suppliers, Research Laboratories, New Entrants/Investors, Governments and End Use Industry
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.