Global Erucamide market 2024-2030

Erucamide is also known as 13-docosenamid. It is a chemical compound and its molecular weight is 337.592 g/mol. Erucamide is a long chain carboxylic acid amide.Erucic acid is the principal raw material in making Erucamide. It has high heat resistance quality. By product, the market for erucamide is divided into high purity erucamide and general erucamide. Also, by end-use industries, its market is divided into the ink and paint industry, plastic industry, rubber industry etc.

Erucamide has several uses. These include its role as an additive that alters the physical characteristics of polypropylene, polyethylene, and other polymers. Erucamide is also used in films as a blocking agent. It is used on a large scale as polymer additive among all other applications. It has high usage in food packaging, surfactants, textile, paper, and printing & dyeing. Lubricant producers also use erucamide.

The report on the global eucamide market throws light on the present market scenario by conducting over 280 hours of primary and secondary research. As per the report, Global eucamide Market is growing its sphere of influence rapidly and gaining popularity. Market projections show an estimate of US$ xxx billion by the year 2023 as compared to US $ xxx billion in the year 2018. Thereby, registering an impressive CAGR of xxx% during the mentioned forecast period.

Due to the vast usage of erucamide, it has a high demand on a global basis. It is used in food packaging industry, manufacture of dye dispersants, and slip agent for polyolefin film processing. High demand in the textile industry also provides impetus to the growth of erucamide. Also, it is demanded in emulsifier and lubricants productions.

Though the introduction of some better replacement of erucamide may affect its demand and production, currently its growth prospects are excellent.

In North America, Mexico, and the U.S. are the largest users of erucamide. Regarding demand, Asia Pacific region also requires it on a large scale. It has a positive demand in the Middle East, South Africa, and Latin America. In Asia, especially China and India are the biggest markets for erucamide.

There are a lot of companies concerned with the production of erucamide. These companies are: BASF SE,Croda International Plc., Nippon Fine Chemical Co., Ltd., PMC Group, Inc., Haihang Industry Co. Ltd., Angene International Limited, ICC Chemical Corporation, Nanjing Xinxu Industry Co., Ltd., PCC Chemax, Tokyo Chemical Industry Co., Ltd., Weike Axunge Chemistry, ZhilianSuhua, BeLike Chemical, Changsha Hengchangetc.

The research process begins with the bifurcation of different market segments of global eucamide market, followed by detection of factors affecting the growth each segment. Then, the market forecasts were built based on the inputs given by the business leaders across global eucamide industry value chain. Market Krystal held more than 40 interviews for this study, details of which are mentioned:

By company type:

Manufacturers (35%), Suppliers (35%), Consumers (10%), Researchers (10%), Independent industry consultant (10%)

By geography:

North America (35%), Asia (30%), Europe (35%)

By designation:

Top level (40%), Operation level (30%), Mid-level (30%)

Contents of the report:

• Insights on the global eucamide Industry dynamics
• Current estimation of the global eucamide market size in terms of value and volume
• Global eucamide market breakup based on product type and application.
• Authenticated global eucamide market forecast for the next five years
• Detailed analysis of the key companies operating across different nodes of global eucamide industry value chain.

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