The global fatty amides market is expected to reach a value of US$ 289.3 Mn in 2022, according to Persistence Market Research's most recent market analysis. Fatty amide sales are anticipated to develop steadily at a 5.1% CAGR and reach a market value of US$ 474.7 Mn by 2032.
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Fatty amides are a type of chemical compound that are derived from the reaction between fatty acids and amines. They are widely used in various industrial and commercial applications due to their unique properties, such as good emulsification, excellent lubrication, and good compatibility with other materials.
The global fatty amides market is expected to witness significant growth in the coming years due to the increasing demand for personal care and home care products, as well as the growing demand for lubricants in the automotive and industrial sectors. The increasing demand for bio-based alternatives to synthetic chemicals is also expected to drive the market growth.
The personal care and home care industry is the major end-user of fatty amides, accounting for a significant share of the global market. Fatty amides are used in a wide range of personal care products, such as shampoos, conditioners, lotions, and creams, due to their ability to improve the texture and stability of these products. The growing demand for natural and organic personal care products is expected to drive the demand for fatty amides in this industry.
The automotive industry is another major end-user of fatty amides, as they are widely used as lubricants in the production of various automotive parts, such as gears, bearings, and engines. The increasing demand for advanced lubricants with improved performance and longer service life is expected to drive the demand for fatty amides in this industry.
The industrial sector is another major end-user of fatty amides, as they are used as lubricants in a wide range of industrial applications, such as machinery, textiles, and plastics. The growing demand for energy-efficient and sustainable industrial processes is expected to drive the demand for fatty amides in this sector.
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Key Players -
- Croda International Plc.
- PMC Biogenix Inc
- Fine Organic Industries Pvt. Ltd
- Nippon Fine Chemicals Co. Ltd.
- Kao Corporation
- Italmatch Chemicals S.p.A.
- Sichuan Tianyu Oleochemical Co., Ltd.
- Nippon Kasei Chemical Company Limited
- Haihang Industries Co., Ltd
- Mohini Organics Pvt. Ltd
- Pukhraj Additives LLP
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