Global Erucamide Market is valued approximately USD 237.12 million in 2018 and is anticipated to grow with a healthy growth rate of more than 4.00% over the forecast period 2019-2026. Eurcamide is one of the most important nitrogen derivatives of erucic acid. Erucic acid is the major raw material used in the production of erucamide. It is derived from non-animal sources and is known to be thermally more stable than oleamide. Erucic acid is derived from rapeseed oil which is further used in the making of erucamide. Erucamide is a long chain carboxylic acid amide. It is usually produced by reaction of purified erucic acid with ammonia at elevated temperature and pressure. The fatty acid which is obtained is then purified to contain high percentage of erucic acid. Escalating applications in dyes and surfactants is one of the major factors responsible for high CAGR of the market. Rising Health awareness & Changing Lifestyle of the consumers is the factor that offers growth opportunities. Also, surging utility and adoption in food packaging and rising demand for canned foods in both the developed and developing countries is contributing towards growth of global Erucamide market. However, lack of awareness associated with erucamide and toxic nature of eurcamide are the factors that anticipated to restraining the market growth during the forecast period.
The regional analysis of global Erucamide market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia-Pacific is the leading/significant region across the world in terms of market share owing to rising number of food packaging industries in the region. Europe contributes a satisfactory growth in the global Erucamide market during the forecast period. North America is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2019-2026 due to rising demand for manufacturer of dye dispersant from printing & dyeing industries across the region.
Major market player included in this report are:
Haimen Hualong
PCC Chemax
Lutianhua
SCM Chemicals Inc.
Astra Polymers
Belike Chemical Co.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Application:
Food Packaging
Paper and Textile Industry
Surfactants
Printing & Dying
Others
By Regions:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2016, 2017
Base year – 2018
Forecast period – 2019 to 2026
Target Audience of the Global Erucamide Market in Market Study:
Summary: Get latest Market Research Reports on Erucamide . Industry analysis & Market Report on Erucamide is a syndicated market report, published as Global Erucamide Market Size study, by Application (Food Packaging, Paper and Textile Industry, Surfactants, Printing & Dying, Others) and Regional Forecasts 2019-2026. It is complete Research Study and Industry Analysis of Erucamide market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.