Oleamide Market Is Expected to Reach US$ 211.4 Million By 2033

According to Fact.MR's analysis, the global oleamide market is projected to be worth US$ 138.7 million in 2023 and to rise at a CAGR of 4.3% to US$ 211.4 million by the end of 2033. Oleamide is a nitrogen-grouped derivative of oleic acid, which is the main omega-9 fatty acid found in olive oil. It comes with a sleep association by nature. It triggers the identical receptors that marijuana does. The most popular usage of oleamide is for sleep. The oleamide market is experiencing a global growth as its ubiquity spreads across numerous sectors.

The oleamide market, a niche segment of the chemical industry, has witnessed steady growth in recent years, driven by its diverse applications in various sectors. Oleamide, a fatty acid amide, has unique properties that make it useful in industries like plastics, food packaging, pharmaceuticals, and cosmetics. This market overview aims to provide insights into the current state of the oleamide industry, highlight key market trends, and discuss recent industry news.

𝗗𝗼𝘄𝗻𝗹𝗼𝗮𝗱 𝗮 𝗦𝗮𝗺𝗽𝗹𝗲 𝗖𝗼𝗽𝘆 𝗼𝗳 𝗧𝗵𝗶𝘀 𝗥𝗲𝗽𝗼𝗿𝘁:
https://www.factmr.com/connectus/sample?flag=S&rep_id=8844?PJ

Oleamide, a primary amide of oleic acid, holds a significant place in the chemical industry, primarily due to its versatility. It is used as a slip agent and anti-blocking agent in the production of polyolefin films and plastic products. In the food industry, it is used as a food contact substance, aiding in food packaging. Oleamide's unique properties also find applications in the pharmaceutical sector, where it is used in drug delivery systems, and in the cosmetics industry as an emulsifier and moisturizer.

The growth of the oleamide market can be attributed to its multiple applications and its growing demand in industries where it serves as an essential ingredient for product development and enhancement. As the global focus on sustainability and eco-friendly materials increases, oleamide's potential for use in biodegradable plastics and packaging materials has garnered significant attention.

𝗞𝗲𝘆 𝗠𝗮𝗿𝗸𝗲𝘁 𝗧𝗿𝗲𝗻𝗱𝘀

Rise of Biodegradable Plastics: As the world seeks eco-friendly alternatives to traditional plastics, oleamide's potential for use in biodegradable plastics has gained prominence. This trend aligns with the growing emphasis on sustainability and reducing environmental impacts.

Growing Demand in Food Packaging: Oleamide's role as a food contact substance is driving its demand in the food packaging industry. The need for safe and effective packaging materials is increasing, and oleamide plays a vital role in meeting these requirements.

Advancements in Drug Delivery: Oleamide's use in pharmaceuticals is evolving with research in drug delivery systems. Its unique properties are being explored to enhance the effectiveness and safety of various drug formulations.

Cosmetics Industry Adoption: In the cosmetics sector, oleamide is finding applications as an emulsifier and moisturizer. The trend of using natural and safe ingredients in cosmetics is boosting its use in this industry.

Research and Innovation: Continuous research efforts are leading to the discovery of new applications and improved methods for producing oleamide. Researchers are exploring innovative processes and materials for oleamide production.

𝗞𝗲𝘆 𝗖𝗼𝗺𝗽𝗮𝗻𝗶𝗲𝘀 𝗣𝗿𝗼𝗳𝗶𝗹𝗲𝗱

Sino Sunman International
Lysurf Chemical Co. Ltd
Western reserve Chemicals
Colonial Chem.
Haihang Industry Co. Ltd
PMC Biogenix
PCC Group
Nano Pouyesh Kimiya Co. (NPK)

𝗣𝗿𝗼𝗺𝗶𝗻𝗲𝗻𝘁 𝗣𝗹𝗮𝘆𝗲𝗿'𝘀 𝗞𝗲𝘆 𝗦𝘁𝗿𝗮𝘁𝗮𝗴𝗲𝗺𝘀

Prominent oleamide manufacturers are Sino Sunman International, Lysurf Chemical Co. Ltd, Western Reserve Chemicals, Colonial Chem, Haihang Industry Co. Ltd, PMC Biogenix, PCC Group, and Nano Pouyesh Kimiya Co. (NPK).

Manufacturers are focusing on continuous innovation in formulation technologies and production processes. They are investing in research and development to increase the adoption of oleamide in multiple sectors.

The surge in demand for cosmetics and personal care products and industrial applications has increased competition in the industry. It has made key companies like PMC Biogenix expand their manufacturing capacity of fatty amide slip agents at its production facility in Gyeongju (also known as Kyungju).

Other key players in the market are also focusing on refining their production processes to achieve high-quality standards and purity levels. By providing consistent quality with cost-effectiveness manufacturers can gain an edge over the competitors present in the market.

𝗦𝗲𝗴𝗺𝗲𝗻𝘁𝗮𝘁𝗶𝗼𝗻 𝗼𝗳 𝘁𝗵𝗲 𝗢𝗹𝗲𝗮𝗺𝗶𝗱𝗲 𝗠𝗮𝗿𝗸𝗲𝘁

𝗕𝘆 𝗣𝘂𝗿𝗶𝘁𝘆:

≥98%

≤98%

𝗕𝘆 𝗙𝗼𝗿𝗺:

Powder

Liquid

𝗕𝘆 𝗔𝗽𝗽𝗹𝗶𝗰𝗮𝘁𝗶𝗼𝗻 :

Sleep agent

Lubricant

Corrosion inhibitor

Solvent

𝗕𝘆 𝗘𝗻𝗱-𝗨𝘀𝗲 :

Medicine formulations

Chemicals manufacturing and processing

Petrochemicals processing

Plastics and rubber production

𝗕𝘆 𝗥𝗲𝗴𝗶𝗼𝗻 :

North America

Latin America

Europe

East Asia

South Asia & Oceania

Middle East & Africa

𝗥𝗲𝗰𝗲𝗻𝘁 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝗡𝗲𝘄𝘀

Biodegradable Plastic Development: A recent industry development highlights a collaboration between a biodegradable plastic manufacturer and a chemical company specializing in oleamide. This partnership aims to develop biodegradable plastic materials for various applications, with a focus on reducing plastic waste and environmental impact.

Enhanced Food Packaging Materials: Several manufacturers are focusing on improving food packaging materials by incorporating oleamide to enhance slip properties and reduce friction. This news highlights the importance of oleamide in ensuring the safety and efficiency of food packaging.

Innovative Drug Delivery Systems: In the pharmaceutical sector, there have been reports of research initiatives that leverage oleamide for drug delivery systems. These innovations aim to improve drug solubility, release, and bioavailability, addressing challenges in pharmaceutical formulations.

Clean Beauty in Cosmetics: The cosmetics industry is witnessing a surge in clean beauty products that emphasize the use of natural and safe ingredients. Recent news showcases the use of oleamide in clean beauty formulations, aligning with consumer preferences for healthier cosmetics.

Optimizing Production Methods: News regarding oleamide production methods highlights efforts to optimize processes for enhanced efficiency and cost-effectiveness. These advancements aim to meet the growing demand for oleamide in various industries.

𝗚𝗲𝘁 𝗖𝘂𝘀𝘁𝗼𝗺𝗶𝘇𝗮𝘁𝗶𝗼𝗻 𝗼𝗻 𝘁𝗵𝗶𝘀 𝗥𝗲𝗽𝗼𝗿𝘁 𝗳𝗼𝗿 𝗦𝗽𝗲𝗰𝗶𝗳𝗶𝗰 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝗦𝗼𝗹𝘂𝘁𝗶𝗼𝗻𝘀 :
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