Press release
Slip Additives Market Analysis by Size, Share | CAGR Value | Company Profiles : Fine Organics , Croda International PLC , PMC Group Inc., the Lubrizol Corporation , Afron , BASF SE
Slip Additives Market
Competitive Analysis:
Fine Organics (India), Croda International PLC (UK), PMC Group Inc. (US), the Lubrizol Corporation (US), Afron (US), BASF SE (Germany), Emery Oleochemicals (Malaysia), Honeywell International Inc. (US), Evonik Industries AG (Germany), Altana (Germany), and Lonza (Switzerland) are some of the major players in the global slip additives market.
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Market Synopsis:
Slip additives are used in polymer films to reduce the coefficient of friction (COF) and enhance either processing, performance in fabrication or downstream packaging equipment, or the end-use performance of polymers. These additives alter the properties and performance of polymers by migrating to the surface of the polyolefin films and reducing the COF.
The effectiveness of slip additives is normally determined by the COF they allow. Slip additives also reduce film-to-film and film-to-metal surface friction, offering resistance to interference in the downstream process, and provide thermal stability, thereby, minimizing adhesion, aiding separation, improving efficiency, and reducing processing costs. These characteristics have led to the use of slip additives in plastics and polymer manufacturing.
The global slip additives market has been segmented, by type, into fatty amides and waxes and polysiloxanes. The fatty amides segment has been further divided into erucamide, oleamide, stearamide, and behenamide. The segment dominated the global slip additives market, by type, in 2017 and is expected to be the fastest-growing market during the forecast period.
This growth can be attributed to the wide application scope of fatty amides slip additives and excellent results in packaging and films. Based on carrier resin, the global slip additives market has been segregated into LDPE, LLDPE, HDPE, and PP. The LLDPE segment held the largest market share in 2017.
Regional Analysis:
The global slip additives market has been analyzed across five regions—Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa.
Asia-Pacific dominated the global slip additives market in 2017. This can be attributed to the growth of the packaging industry in the region. The region is expected to be the largest and fastest-growing market during the forecast period.
The North American market held the second-largest share of the global slip additives market in 2017 due to the widespread use of packaging in food & beverage, healthcare, and other industrial applications. The regional market is expected to showcase remarkable growth during the forecast period.
The growth of the product market in Europe can be attributed to the presence of a few major players in this region. The established packaging industry is another factor for the growth of the European slip additives market.
The Latin American market is expected to showcase steady growth in the coming years owing to the moderate growth of the packaging industry.
The market in the Middle East & Africa is projected to grow at a sluggish rate due to the slow growth of the healthcare, food & beverage, and agriculture industries in the region
Market Segmentation:
The global slip additives market has been segmented based on type, carrier resin, application, and region.
Based on type, the global slip additives market has been split into the fatty amides and waxes and polysilioxanes segments. The fatty amides segment has been further divided into erucamide, oleamide, stearamide, and behenamide.
The global slip additives market has been segregated into LDPE, LLDPE, HDPE, and PP, based on the carrier resin.
By application, the global slip additives market has been classified as packaging and non-packaging.
Intended Audience:
Manufacturers and producers of slip additives
Traders and distributors of slip additives
Raw material suppliers for slip additives
Research and development organizations
Nationalized laboratories
Potential investors
Complete Report Details on Global Slip additives Market Report 2018-2023 Forecast"is Available@https://www.marketresearchfuture.com/reports/slip-additives-market-6488
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