Zion Market Research just published a research titled “Global Erucamide Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028.” The worldwide erucamide market study is divided into two sections: application and geography.
Overview of the Global Erucamide Market
Because of its higher melting point and heat tolerance, erucamide is used as a substitute for oleamide. Purified erucic acid is combined with ammonia at high heat and pressure to make erucamide. The fatty acid mixture made from crambe or rapeseed is refined to ensure that it contains a high amount of erucic acid. Erucamide is a fatty acid amide with a greater molecular weight. It has no odour and is water insoluble, but it does dissolve in ketones, esters, alcohols, ether, benzene, and other organic fluxes.
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Market Dynamics for Erucamide Worldwide
Rapid industrialization in established and developing countries, as well as a thriving food and beverage sector, as well as rising demand for erucamide from the food and packaging industries, are likely to propel the global market forward. Furthermore, rising utilisation of erucamide, particularly as surfactants in various end-use verticals, is likely to assist the global market’s growth to some extent.
Furthermore, the increasing use of erucamide products as dispersants in the printing and dyeing industries is projected to help the target market’s growth to some extent.
Stringent government rules governing product approval, on the other hand, are projected to stifle worldwide market growth. Furthermore, the hazardous effects of erucamide on human health are limiting the use of related items, which is another issue that is predicted to slow the target market’s growth.
Over the projected period, technological advances and increased R&D activities by leading companies are expected to provide new revenue potential for participants in the global market. In addition, leading players’ increased expansion efforts through strategic agreements and partnerships are projected to boost the target market’s growth to some extent.
Erucamide Market Segmentation Worldwide
Segmentation by Product Type: High Purity Erucamide, General Erucamide
Segmentation by Application: Plastics, Ink and Paint, Rubber, Other
Erucamide Market Analysis by Region
Due to the thriving textile sector, rising acceptance of erucamide from the textile industry, and the presence of significant companies operating in emerging economies such as India and China in this area, the market in Asia Pacific is likely to grow quicker.
North America and Europe are likely to have major revenue contributions in the global market. This is due to the large number of significant food producers in the region, as well as the growing need for food packaging applications and the presence of key manufacturers. Furthermore, increased merger and acquisition activity between regional and international businesses is projected to help the target market’s growth in this region to a certain extent.
Some of the companies that are profiled in this 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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