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Erucamide Market to accelerate at 6.57% CAGR, USD 8.35 Bn incremental growth expected during the forecast period | ZMR

Erucamide Market
Erucamide Market

Erucamide is a carboxylic acid amide with a long chain. Because of its advantageous qualities, such as resistance to high heat, it has largely supplanted the use of oleamide. This feature of erucamide is attributable to the newer polymers’ greater operating temperatures. Erucamide is primarily utilised as an antiblocking agent and a slip additive. It’s also used to make waterproofing and paper coatings.

Erucic acid is the primary raw material utilised in the production of erucamide. Erucic acid is a monounsaturated acid derived from non-animal sources. Rapeseed oil is a major source of erucic acid. It is found in the form of glyceride in the seeds of rapeseed oil. Purified erucic acid is combined with ammonia at high temperatures and pressures to produce erucamide. Erucamide is utilised in a variety of sectors for a variety of purposes.

The global erucamide market is growing due to rising demand for erucamide from the food packaging industry. The good thermal feature of erucamide has resulted in a significant demand for producing plastic sheets for food packaging. Erucamide is commonly used in dye dispersion synthesis. As a result, erucamide is in high demand in the printing and dyeing industries. Textiles, surfactants, and lubricants are among the other applications that are expected to drive erucamide market growth in the near future.

During the projected period 2016-2022, the erucamide market is expected to reach around US$ 276.6 Mn, increasing at a CAGR of more than 3.0%.

The Report’s Purpose

The goal of this strategic research study, titled “Global Erucamide Market – Growth, Share, Opportunities, and Competitive Analysis, 2016 – 2022,” is to provide in-depth insights to enable company executives, industry investors, and industry participants to make informed strategic decisions about the opportunities in the global erucamide market.

Target Market

• Industry financiers
• Providers/Vendors of Erucamide
• Professionals in Research
• Emerging Businesses
• Buyers/Suppliers of Raw Materials
• Buyers/Suppliers of Products
• Institutes of Research

The erucamide market is divided into the following segments based on its type:

● High Purity Erucamide
● General Erucamide

The erucamide market is divided into the following segments based on its application:

● Plastics
● Ink and Paint
● Rubber
● Others

Key Offerings and Unique Selling Proposition

The study “Global Erucamide Industry – Growth, Share, Opportunities, and Competitive Analysis, 2016–2022” provides strategic insights into the global erucamide market, as well as market size and forecasts for the years 2016 to 2022. The research study examines many market segments in depth based on applications, functions, and a cross-sectional assessment across various regions. The study also offers competitive profiling of the top erucamide vendors, their expansion strategies, market positioning, and recent developments to assist strategic decision makers. The paper also includes the following in-depth analyses:

• Current and future market trends that support the erucamide industry’s potential appealing markets
• Market stimulants, market restraints, and their effects on market growth
• Analyze the competitive situation in depth
• Market size data from the previous two years (2014–2015)
• Analysis of SRC (Segment-Region-Country)

List of Top Key Players in Erucamide Market Report are:

● Croda Sipo
● Tianyu Oleochemical
● Nipo Fine Chemical
● Weike Axunge Chemistry
● Alinda Chemical
● Zhilian Suhua
● BELIKE Chemical
● Changsha Hengchang
● Huayi Plastics Auxiliary

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