What are fatty acids ?
The long chain of fatty acids is called an amide. Chemically it is known as stearamide. Most of the fatty amides are in powder or bead form. It is the raw material for textile oil. It is used as a lubricant, anti-blocking agent, and slipping agent. Fatty amide includes erucamide, which exhibits excellent thermal property. The food packaging industry uses erucamide because of its low migration level.
Here are some driving factors of the Fatty Amide Market:
Increasing demand for packed food:
Changing lifestyles of people who demand ready-to-eat food. Increasing an individual’s disposable income leads to spending more on processed food. The food processing industry needs the best packaging material. Fatty amides are used as slip agents in the film-forming industry. It is a suitable packaging material for food items. Slipping agents provide the best experience to the consumer. Therefore, increasing demand for packed food is ultimately driving the fatty amide market.
Cost-effective slip additive:
fatty amide is considered a cost-effective slip additive as compared to their other alternative. It is an effective slip additive at low concentrations, a very small amount of fatty amides is required to achieve the desired level of slip properties. Erucimide provides long-lasting slip performance and also improves the processing efficiency of the packaging material. Therefore, considering these factors, the market for fatty amide is expected to show growth in the upcoming years.
Restraining factors of the fatty amide market:
Fluctuating raw material prices:
The high cost of raw material increases the production cost therefore, the high cost of the end product affects the sale of the fatty amide. Fluctuating raw material prices create uncertainty in the supply chain for fatty amides. suppliers face difficulty maintaining and supplying fatty amide at a consistent price. Manufacturers face the challenge of profitability therefore, fluctuating raw material prices may hamper the market growth.
Conclusion:
The market for fatty amide is increasing by the increasing demand for packed food and the low cost of fatty amide as a slip additive. The major market players such as Fine Organics, the Haining industry, and Mitsubishi are focusing on innovation and advancement in their products to dominate the fatty amide.
Author's Detail:
Sneha Mali /
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Sneha Mali is a research analyst working in various domains including the Consumer Goods, market research and transport & logistics and her primary responsibility is to conduct thorough research on various subjects and provide valuable insights to support client requirements. Her knowledge of research methodologies, and data mining which enables me to analyze large data sets, draw meaningful conclusions, and communicate them effectively.Sneha stay up-to-date with the latest research trends, methodologies, and technologies to ensure that her research is accurate, relevant, and impactful.
In her current role, Sneha is committed to continuous learning and staying abreast of emerging trends in research methodologies. Regular participation in workshops, webinars, and industry conferences ensures that her skills remain sharp and relevant. She have demonstrated ability to transform complex data sets into clear and concise narratives that inform key business strategies. Collaborating with cross-functional teams.Sneha remains an invaluable asset in the dynamic landscape of market research.