Fatty Amides Market Size, Share, Industry, Forecast and outlook (2024-2031)

Global Fatty Amides Market is Segmented By Type (Erucamide, Behenamide, Oleamide, Others), By Product Form (Bead, Powder), By Function (Slip Agent, Anti Block, Release Agent), By Application (Film processing, Rubber, Ink, Others), By Region (North America, Europe, South America, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2023-2030

Fatty Amides Market Overview

The global fatty amides market reached USD million in 2022 and is projected to witness lucrative growth by reaching up to USD million by 2030. The market is growing at a CAGR of 4.32% during the forecast period (2023-2030). Fatty acid amides are chemical compounds containing long-chain acid and an amide group in the function group.

There are different types of fatty amides, including primary, secondary and tertiary. The distinction between these types is based on the number of carbon-hydrogen bonds on the nitrogen atom. Primary amides have one carbon-hydrogen bond, secondary amides have two and tertiary amides have three. Fatty Amides are used in producing candles, soaps and other personal care products. In addition, they are used as intermediates in synthesizing other chemicals, such as amine oxides and in producing certain types of plastics.

Fatty Amides Market Scope

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Fatty Amides Market Dynamics

Growing application of fatty amides in the packaged food sectors

Increasing demand for polyolefin films in food and beverages is anticipated to push the global fatty amide market. The demand for packed food has increased due to busy lifestyles, which boosts the growth of the fatty amides market. Fatty amides are commonly used food industry as slip additives. In the food industry, fatty amides are used as emulsifiers, lubricants and surfactants. They are also a natural alternative to synthetic emulsifiers in packaged food products. Furthermore, fatty amides are also used as lubricants in food processing. It helps reduce friction and wear on machinery and equipment, which can improve efficiency and reduce downtime for maintenance.

Fluctuations in raw material prices

The high cost of raw materials used to produce fatty amides. Fatty amides are typically made from fatty acids or amines and fluctuations in the prices of these raw materials can affect the cost of producing fatty amides. If prices of raw materials are high, it can lead to higher costs for manufacturers, which may be passed on to customers in the form of higher prices for fatty amide products. It can make fatty amides less competitive with other products and decrease demand for them.

Fatty Amides Market Segment Analysis

The global fatty amides market is segmented based on type, product foam, function, application and region.

Growing demand for fatty amides as lubricants and release agents

In recent years, the film processing segment has effectively grown in the fatty amides market. Fatty amides are a class of organic compounds with a wide range of industrial applications, one of which is film processing. In this application, fatty amides are used as lubricants and release agents in the manufacturing and processing films.

Lubricants are compounds used to reduce friction and wear on machinery and equipment. Fatty amides are used as lubricants in film processing because they can reduce friction and improve the efficiency of film processing equipment. They can also help to prevent damage to the film and increase the lifespan of the equipment.

Release agents are compounds that are used to prevent adhesion between different surfaces. Fatty amides are used as release agents in film processing because they can prevent the film from sticking to the equipment during the manufacturing process; this can help improve the film's quality and reduce the amount of waste generated during the manufacturing process.

Source: DataM Intelligence Analysis (2023)

Fatty Amides Market Geographical Share

Growing cosmetics and personal care industry in Asia-Pacific

Asia-Pacific is leading in the global fatty amides market. The region accounts for the largest market share, primarily due to major emerging markets such as China, India, Japan and South Korea. China and India are large manufacturers of food-packed container products. 

A major factor driving the demand for fatty amides in Asia-Pacific is the growing cosmetics and personal care industry. Fatty amides are used in various cosmetics and personal care products, such as soaps, shampoos and moisturizers. Asia-Pacific is a major producer and consumer of cosmetics and personal care products. The growing demand for these products is driving the demand for fatty amides in the region.

Source: DataM Intelligence Analysis (2023)

Fatty Amides Market Companies

The major global players include Croda International Plc, Mitsubish Chemical Corporation, KLF OLEO, PMC Group,Inc., Kao Corporation, Nippon Chemical Corporation, Fine Organics, Italmatch Chemicals S.P.A, Zincolet and Kula Lumper Kepong Berhad.

Key Developments

• In February 2017, Croda International Plc announced plans to invest in increasing the production capacity of amides at its manufacturing facility in hull in UK. Hull facility is one of the three manufacturing facilities of the company the product that produces fatty acid amide.
• On January 5, 2016, PMC Biogenix, a fully owned part of PMC Group, revealed intentions to engage in the growth of its capacity for production for fatty amide slip agents at its manufacturing plant in Gyeongju, South Korea. The initiative will result in a 30% rise in PMC's capacity for production at the location.
• On May 13, 2021, BASF SE launched a new product line of polar solvent for agrochemical formulations employing fatty amides, among other hydrophobic solvents

The global fatty amides market report would provide approximately 69 tables, 67 figures and 219 Pages.