Fatty Amides Market 2017–2027

Fatty amides are oleamide, behenamide, erucamide, and stearamide which are widely used across a variety of industries, such as plastics processing, rubber, and inks & coatings. Fatty amides are mainly used as slip agents and anti-block agents in the production of polyolefin films & sheets that have applications in the packaging industry. Fatty acids maintain the clarity of polyolefin film and act as an anti-blocking agent. Nearly 70% of fatty amides are used in the film processing industries. Oleamide and stearamide are majorly used by industries such as paper, textiles, rubber, and ink.

The global fatty amides market is projected to surpass US$ 420 million by the end of 2027, in terms of revenue, growing at CAGR of 6.2% during the forecast period (2019 to 2027).

Drivers

Expanding processed food and beverage industry especially in Asia Pacific region is expected to augment the market growth of fatty amides. According to the Hong Kong Trade Development Council, in 2018, Hong Kong’s total exports of processed food and beverages increased by 1% to reach US$ 8.9 billion. Mainland China was the largest market for Hong Kong’s processed food and beverage exports, accounting for 41% of the total, followed by Vietnam on 20%.

Growing demand for plastic around the globe due to the booming end-user industry is anticipated to stimulate market growth over the forecast period. According to the report published by polymer database, for the period 2012 to 2017, the demand for plastic products increased steadily by about 3.7% per year with a total world plastics production of about 300 tons in 2013. Therefore, rising demand for plastic is anticipated to foster the market growth of fatty amides. 

Regionally, Asia-pacific dominated the global fatty amides market in 2018, reporting 36% market share in terms of revenue, followed by Europe and North America and, respectively.

Figure 1. Global Fatty Amides Market, Revenue Share (%), By Region, 2018

Fatty Amides  | Coherent Market Insights

Market Restraints

Developed regions such as North America and Europe together account for major share in the global fatty amides market. However, these markets are mature and therefore experiencing relatively slow growth. This factor is projected to hinder the market growth of fatty acids over the forecast period. Moreover, China, is another major market that is experiencing an economic downturn. The aforementioned factors are projected to restrict the growth of the global fatty amides market over the forecast timeframe.

The fluctuating price of raw material used for the production of fatty amides is expected to affect the manufacturing process. High cost of production will add up the cost of the product and this factor is expected to hinder the market growth of fatty amides. Therefore, fluctuating raw material prices is anticipated to restrain the market growth of fatty amides over the forecast timeframe.

Market Opportunities

The booming rubber industry around the globe is expected to offer potential growth opportunities to the market of fatty amides. According to the report published by Business Lines, the natural rubber consumption is projected at 1270,000 tons in 2019-20, supported by economic growth and higher import duty and anti-dumping duty on tires and the consumption has increased from 111, 2210 tons in 2017-18 to 1211,940 tons in 2018-2019.

Growing demand for slip additives from health care for offering better seal strength to the plastic packaging product is anticipated to foster the market growth of fatty amides over the forecast period. Moreover, the growing demand for erucamide-based slip additives from packaging consumer goods due to their high slip performance, better stability, and high-temperature performance is anticipated to accelerate the market growth of fatty amides. 

Figure 2. Global Fatty Amides Market – Opportunity Analysis

Fatty Amides  | Coherent Market Insights

Market Trends

The growing launch of novel and innovative slip additive for seal packaging is expected to foster the market growth of fatty amides. For instance, in September 2018, Dow Performance Silicones, a new silicone-based slip additive for low-density polyethylene (LDPE) film that optimizes form-fill-seal (FFS) packaging production. Such innovation in slip additive will favor market growth over the forecast period.

The rising number of partnerships among key players in order to enhance their presence in the market is expected to foster the market growth of fatty amides. For instance, in January 2020, Smiths High Performance and Burloak Technologies, a leader in the additive manufacturing (AM) industry and a division of Samuel, Son & Co., Limited, announced the exclusive agreement to supply additive manufactured parts in metals and polymers to the worldwide Formula 1 racing market.

Figure 3. Global Fatty Amides Market, Revenue Share (%), By Derivative, in 2018

Fatty Amides  | Coherent Market Insights

On the basis of product type, in 2018, erucamide segment accounted the largest market share of 74% in terms of revenue, followed by oleamide and stearamide, respectively.

Figure 4. Global Fatty Amides Market – Value Chain Analysis

Fatty Amides  | Coherent Market Insights

Competitive Section

Key players active in the global fatty amides market are BASF SE, Monsanto Company, E I du Pont de Nemours & Company, Bayer AG, The Dow Chemical Company, Syngenta AG, and Nufarm Limited

Few Recent Developments

PMC Biogenix Inc. 

  • In January 2016, the company announced plans to increase fatty amide manufacturing capacity. The company plans to ramp up production capacity at its Gyeongju, South Korea-based fatty amide manufacturing plant by 30% by the first half of 2016.

Fine Organic Industries Pvt. Ltd. 

  • In 2016, the company set up a sales office in Belgium in order to cater to the growing demand for polymer additives in Europe

Fatty Amides are widely used in different industries such as food & beverages, plastic, personal care, rubber, film processing and others, as anti-blocking agent and anti-slip agents. Fatty amides exhibits wide range of benefits and value-enhancing properties. The demand for fatty amides in plastic & film processing industry is rising, on account of its usage in the industry for production of inks and dyes. This scenario is expected to fuel the demand of fatty amides globally, during the forecast period

Market Dynamics

The global fatty Amides market has witnessed a surge of growth in terms of revenue in recent past years, owing to the increase in demand of fatty acids for various applications in different industries such as food & beverage, rubber, film processing and others. On the basis of form the global fatty amides market is segmented into bead & micro-beads, powder and pastilles. Fatty amides are predominantly used for processing of rubber and thermoplastic resins.

On the basis of region, Asia Pacific is expected to grow substantially in the next few years, owing to the rise of foreign investments and rapid growth of manufacturing industries in the region. Moreover, factors such as increasing population and rise of per capita income in emerging economies such as China and India, are expected to foster the growth of global fatty amides market during forecast period.

Key features of the study:

  • This report provides in-depth analysis of global fatty amides market size (US$ Million and Tons), and Compound Annual Growth Rate (CAGR %) for the forecast period (2019 – 2027), considering 2018 as the base year
  • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights into market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players
  • It profiles leading players in the global fatty amides market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
  • Key companies covered as a part of this study includes Croda International Plc., PMC Biogenix Inc., Fine Organic Industries Pvt. Ltd., Nippon Fine Chemicals Co., Ltd., Kao Corporation, Italmatch Chemicals S.p.A, Sichuan Tianyu Oleochemical Co., Ltd., Nippon Kasei Chemical Co., Ltd., and Haihang Industries Co. Ltd.
  • Insights from this report would allow marketers and the management authorities of companies to make informed decision regarding their future product launches, technology up-gradation, market expansion, and marketing tactics
  • The global fatty amides market report caters to various stakeholders in this industry including investors, suppliers, global fatty amides manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analysing the global fatty amides market

Detailed Segmentation:

  • Global Fatty Amides Market, By Product Type:
    • Erucamide
    • Oleamide
    • Stearamide
    • Behenamide
  • Global Fatty Amides Market, By Form:
    • Powder
    • Beads & Micro-beads
    • Pastilles
  • Global Fatty Amides Market, By Region:
    • North America
      • U.S.
        • By Product Type
          • Erucamide
          • Oleamide
          • Stearamide
          • Behenamide
        • By Form
          • Powder
          • Beads & Micro-beads
          • Pastilles
      • Canada
        • By Product Type
          • Erucamide
          • Oleamide
          • Stearamide
          • Behenamide
        • By Form
          • Powder
          • Beads & Micro-beads
          • Pastilles
    • Latin America
      • Brazil
        • By Product Type
          • Erucamide
          • Oleamide
          • Stearamide
          • Behenamide
        • By Form
          • Powder
          • Beads & Micro-beads
          • Pastilles
      • Mexico
        • By Product Type
          • Erucamide
          • Oleamide
          • Stearamide
          • Behenamide
        • By Form
          • Powder
          • Beads & Micro-beads
          • Pastilles
      • Rest of Latin America
        • By Product Type
          • Erucamide
          • Oleamide
          • Stearamide
          • Behenamide
        • By Form
          • Powder
          • Beads & Micro-beads
          • Pastilles
    • Europe
      • EU 5
        • By Product Type
          • Erucamide
          • Oleamide
          • Stearamide
          • Behenamide
        • By Form
          • Powder
          • Beads & Micro-beads
          • Pastilles
      • Benelux
        • By Product Type
          • Erucamide
          • Oleamide
          • Stearamide
          • Behenamide
        • By Form
          • Powder
          • Beads & Micro-beads
          • Pastilles
      • Nordic
        • By Product Type
          • Erucamide
          • Oleamide
          • Stearamide
          • Behenamide
        • By Form
          • Powder
          • Beads & Micro-beads
          • Pastilles
      • Rest of Europe
        • By Product Type
          • Erucamide
          • Oleamide
          • Stearamide
          • Behenamide
        • By Form
          • Powder
          • Beads & Micro-beads
          • Pastilles
    • Asia Pacific
      • China
        • By Product Type
          • Erucamide
          • Oleamide
          • Stearamide
          • Behenamide
        • By Form
          • Powder
          • Beads & Micro-beads
          • Pastilles
      • Japan
        • By Product Type
          • Erucamide
          • Oleamide
          • Stearamide
          • Behenamide
        • By Form
          • Powder
          • Beads & Micro-beads
          • Pastilles
      • India
        • By Product Type
          • Erucamide
          • Oleamide
          • Stearamide
          • Behenamide
        • By Form
          • Powder
          • Beads & Micro-beads
          • Pastilles
      • Korea
        • By Product Type
          • Erucamide
          • Oleamide
          • Stearamide
          • Behenamide
        • By Form
          • Powder
          • Beads & Micro-beads
          • Pastilles
      • Rest of Asia Pacific
        • By Product Type
          • Erucamide
          • Oleamide
          • Stearamide
          • Behenamide
        • By Form
          • Powder
          • Beads & Micro-beads
          • Pastilles
    • Middle East & Africa
      • GCC
        • By Product Type
          • Erucamide
          • Oleamide
          • Stearamide
          • Behenamide
        • By Form
          • Powder
          • Beads & Micro-beads
          • Pastilles
      • South Africa
        • By Product Type
          • Erucamide
          • Oleamide
          • Stearamide
          • Behenamide
        • By Form
          • Powder
          • Beads & Micro-beads
          • Pastilles
      • Rest of Middle East & Africa
        • By Product Type
          • Erucamide
          • Oleamide
          • Stearamide
          • Behenamide
        • By Form
          • Powder
          • Beads & Micro-beads
          • Pastilles
  • Company Profiles
    • Croda International Plc. *
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments
      • Future Plans
    • PMC Biogenix Inc.
    • Fine Organic Industries Pvt. Ltd.
    • Nippon Fine Chemicals Co., Ltd.
    • Kao Corporation
    • Italmatch Chemicals S.p.A.
    • Sichuan Tianyu Oleochemical Co., Ltd.
    • Nippon Kasei Chemical Co., Ltd.
    • Haihang Industries Co. Ltd.

 “*” marked represents similar segmentation in other categories in the respective section.

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Product Type
      • Market Snippet, By Form
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
        • Supply Side Drivers
        • Demand Side Drivers
        • Economic Drivers
      • Restraints
      • Market Opportunities
      • Regulatory Scenario
      • Industry Trend
      • PEST Analysis
      • PORTER’s Analysis
      • New Product Approvals/Launch
      • Promotion and Marketing Initiatives
  4. Global Fatty Amides Market, By Product Type, 2017 - 2027 (US$ Million and Tons)
    • Introduction
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2019 - 2027
      • Segment Trends
    • Erucamide
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Million and Tons)
    • Oleamide
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Million and Tons)
    • Stearamide
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Million and Tons)
    • Behenamide
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Million and Tons)
  5. Global Fatty Amides Market, By Form, 2017 - 2027 (US$ Million and Tons)
    • Introduction
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2019 - 2027
      • Segment Trends
    • Powder
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Million and Tons)
    • Beads & Micro-beads
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Million and Tons)
    • Pastilles
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Million and Tons)
  6. Global Fatty Amides Market, By Region, 2017- 2027 (US$ Million and Tons)
    • Introduction
      • Market Share Analysis, By Region, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Region, 2019 - 2027
    • North America
      • Market Share Analysis, By Country, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2027
        • U.S.
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million and Tons)
          • Market Size and Forecast, By Form, 2017- 2027 (US$ Million and Tons)
        • Canada
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million and Tons)
          • Market Size and Forecast, By Form, 2017- 2027 (US$ Million and Tons)
    • Latin America
      • Market Share Analysis, By Country, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2027
        • Brazil
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million and Tons)
          • Market Size and Forecast, By Form, 2017- 2027 (US$ Million and Tons)
        • Mexico
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million and Tons)
          • Market Size and Forecast, By Form, 2017- 2027 (US$ Million and Tons)
        • Rest of Latin America
          • Sub-region/Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million and Tons)
          • Market Size and Forecast, By Form, 2017- 2027 (US$ Million and Tons)
    • Europe
      • Market Share Analysis, By Country, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2027
        • EU 5
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million and Tons)
          • Market Size and Forecast, By Form, 2017- 2027 (US$ Million and Tons)
        • Nordic
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million and Tons)
          • Market Size and Forecast, By Form, 2017- 2027 (US$ Million and Tons)
        • Benelux
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million and Tons)
          • Market Size and Forecast, By Form, 2017- 2027 (US$ Million and Tons)
        • Rest of Europe
          • Sub-region/Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million and Tons)
          • Market Size and Forecast, By Form, 2017- 2027 (US$ Million and Tons)
    • Asia Pacific
      • Market Share Analysis, By Country, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2027
        • China
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million and Tons)
          • Market Size and Forecast, By Form, 2017- 2027 (US$ Million and Tons)
        • India
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million and Tons)
          • Market Size and Forecast, By Form, 2017- 2027 (US$ Million and Tons)
        • Japan
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million and Tons)
          • Market Size and Forecast, By Form, 2017- 2027 (US$ Million and Tons)
        • Korea
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million and Tons)
          • Market Size and Forecast, By Form, 2017- 2027 (US$ Million and Tons)
        • Rest of Asia Pacific
          • Sub-region/Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million and Tons)
          • Market Size and Forecast, By Form, 2017- 2027 (US$ Million and Tons)
    • Middle East & Africa
      • Market Share Analysis, By Country/ Sub-region, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country/ Sub-region, 2019 - 2027
        • GCC
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million and Tons)
          • Market Size and Forecast, By Form, 2017- 2027 (US$ Million and Tons)
        • South Africa
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million and Tons)
          • Market Size and Forecast, By Form, 2017- 2027 (US$ Million and Tons)
        • Rest of Middle East & Africa
          • Sub-region/Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million and Tons)
          • Market Size and Forecast, By Form, 2017- 2027 (US$ Million and Tons)
  7. Competitive Landscape
    • Market Share Analysis
    • Company Profiles
      • Croda International Plc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • PMC Biogenix Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Fine Organic Industries Pvt. Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Nippon Fine Chemicals Co., Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Kao Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Italmatch Chemicals S.p.A.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Sichuan Tianyu Oleochemical Co., Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Nippon Kasei Chemical Co., Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Haihang Industries Co. Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
    • References
    • Research Methodology
    • About us and Sales Contact

* Browse 45 market data tables* and 30 figures* on "Global Fatty Amides Market” – global forecast to 2027

Research Methodology

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  • Primary Research (Trade Surveys and Experts Interviews)
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In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.


Data Triangulation Methodology | Coherent Market Insights

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  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
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  • Governmental bodies, National and international social welfare institutions, and organizations creating economic policies among others.
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  • Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.
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Market Analysis | Coherent Market Insights

Preliminary Data Mining

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Data Standardization

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Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

  • Micro-economic indicators
  • Macro-economic indicators
  • Environmental indicators
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Data Processing

Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.

Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

  • It provides first-hand information on the market dynamics, outlook, and growth parameters.
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  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

  • Raw Material Suppliers
  • Manufacturers
  • System Integrators
  • Distributors
  • End-users