DUBLIN, Apr. 12, 2017 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Erucamide Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2014 to 2022" report to their offering.
The erucamide market is expected to reach over US$ 0.2 Bn by 2022, expanding at a CAGR of more than 3.0% from 2016 to 2022.
Growing demand for erucamide for plastic films from the food packaging industry is driving the growth of global erucamide market. Rising hygiene awareness among the people and growing acceptance of canned food has boosted market for food packaging materials in the market. These factors have led to high demand for plastic films and packaging materials. This in turn has boosted market demand for erucamide in the market. Other applications such as textile, paper, lubricants and surfactants are also projected to fuel market demand for erucamide in the near future.
Asia Pacific dominated the global erucamide market in terms of demand in 2016. Food packaging industry is the major factor contributing to the growth of erucamide market in the region. Erucamide is also used in the textile industry, thereby gaining high demand from the emerging countries such as China and India. North America and Europe are also anticipated to boost market demand for erucamide due to high demand for manufacture of dye dispersants from the printing & dyeing industry in the regions. The toxic nature of erucamide is expected to hamper the growth of erucamide market in the developed regions thereby experiencing steady demand in the near future.
- High demand from food packaging industry
- Manufacture of dye dispersants
- Slip agent for polyolefin film processing
- Opportunities from increasing applications of erucamide in Asian untapped markets
- 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.
Key Topics Covered:
Chapter 1 Preface
Chapter 2 Executive Summary
Chapter 3 Global Erucamide Market Analysis
Chapter 4 Global Erucamide Market, By Application
Chapter 5 Global Erucamide Market, By Regions
Chapter 6 Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/dzsgtz/global_erucamide
Research and Markets
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SOURCE Research and Markets