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Fatty Acid Amides Market to Reach a Revenue of Around US$ 474.7 Mn by the End of 2032

02-02-2023 03:57 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Persistence Market Research Pvt. Ltd

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Fatty Acid Amides Market

Fatty Acid Amides Market

Fatty Acid Amides Market

The Fatty Acid Amides Market stands at US$ 289.3 Mn in 2022. Fatty amide demand is anticipated to witness a growth rate of 5.1% through 2032 in terms of value. Worldwide sales of fatty amides to reach a market revenue of US$ 474.7 Mn by 2032.

Fatty acid amides (FAA) are organic compounds composed of a long chain fatty acid and an amine group. The most common fatty acid amides are N-acyl ethanolamines (NAEs), N-acyl phosphatidylethanolamines (NAPEs), and N-acyl ethanolamine phosphates (NAPs). FAA are widely used as lubricants, surfactants, and plasticizers in various industrial applications, such as cosmetics, personal care, and pharmaceuticals.

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Fatty acid amides are increasingly used in consumer products due to their unique properties such as low toxicity, high surface activity and better stability compared to other surfactants. Fatty acid amides also possess excellent water-solubility properties which make them ideal for use in detergents, shampoos and other cleaning products. Fatty acid amides are also widely used in skin care products as emulsifiers and dispersing agents. They are known to provide moisturizing effects and improve the texture of skin care products.

The growth can be attributed to increased demand from end-user industries such as personal care & cosmetics, lubricant additives and fuel additives. In addition, rising awareness about health benefits associated with fatty acid amide such as anti-inflammatory action is expected to further drive the market growth over the forecast period (2023-2032).

Key Companies-

• 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.

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Fatty Acid Amides Market Segmentation

Fatty Acid Amides Market By Product Type:

• Erucamide
• Oleamide
• Stearamide
• Behenamide

Fatty Acid Amides Market By Product Form:

• Powder
• Beads
• Others

Fatty Acid Amides Market By Application:

• Lubricants
• Anti-Block Agents
• Release Agents
• Slip Agents
• Dispersants
• Others

Fatty Acid Amides Market By Region:

• North America
• Latin America
• Europe
• East Asia
• South Asia & Pacific
• Middle East & Africa

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The increasing demand for FAAs in the personal care industry is a major driver of the market's growth. The demand for personal care products that are safe and environmentally friendly is increasing, and FAAs are increasingly being used as a key ingredient in these products. The growth in the textile industry is also expected to contribute to the growth of the market. In addition, the increasing use of FAAs in lubricants is another factor driving market growth.

Overall it can be concluded that Fatty Acid Amide Market looks set for strong growth over coming years on back of increasing demand from end user industries such improved formulations capabilities offered by aforementioned ingredients; however challenges faced from regulatory perspective could hinder its adoption especially when it comes down to bio based variants . Moreover innovative technologies being developed by key players will prove pivotal towards accelerating its acceptance further into newer markets .

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About PMR - Chemicals and Materials

The Chemicals and Materials division of Persistence Market Research offers distinct and pin-point analysis about chemicals and materials industry. Chemical coverage extends from commodity, bulk, specialty and petrochemicals to advanced materials, composites and nanotechnology in particular with special emphasis on 'green alternatives', recycling and renewable technology developments, supply-demand-trade assessment. Our research studies are widely referred by chemical manufacturers, research institutions, channel partners and government bodies for developing - 'The Way Forward'.

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