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Octadecanamide Market Set to Reach USD 624 Million by 2035, Driven by Sustainability and Industrial Demand | Fact.MR Report
Octadecanamide Market
Octadecanamide, or stearamide, is a stearic acid derivative that is a fatty amide. It is predominantly utilized in numerous applications, including cosmetics, plastics, and industrial lubricants. Such multi-functional properties such as surfactant, lubricant, and emulsifier necessitate the demand in the market for octadecanamide.
With the world gravitating towards sustainable and environmentally friendly products, demand for octadecanamide is likely to progress, particularly in formulations that require biodegradable ingredients. It positions it as a go-to ingredient in specialty chemicals, especially due to the diversity of industries where the functionality of octadecanamide improves product performance.
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Key Takeaways from Market Study:
The global octadecanamide market is projected to grow from USD 350.0 million in 2024 to USD 624.0 million by 2035.
The market is expected to register a CAGR of 5.4% during the forecast period.
North America is estimated to account for 34.7% of the global market share in 2025.
The United States market is valued at USD 92.5 million in 2025 with a projected CAGR of 5.3% through 2035.
China's octadecanamide market is expected to reach USD 74.4 million by 2035, expanding at a CAGR of 6.0%.
Industrial grade octadecanamide holds the dominant market share due to its wide applicability.
Powder form of octadecanamide remains the most widely used across industries.
Hydrogenated vegetable oils are the primary raw material for octadecanamide production.
Leading Players Driving Innovation in the Octadecanamide Market:
Adeka Corporation; Emery Oleochemicals; Fine Organics Industries Ltd.; Haihang Industry Co., Ltd.; Italmatch Chemicals; Kao Corporation; PMC Biogenix; PMC Biogenix (USA); Tianyu Oleochemical Co., Ltd.; Zhengzhou Meiya Chemical Products Co., Ltd.; Other key players.
Regional Insights:
North America is poised to command a 34.7% market share in 2025, supported by high demand from the cosmetics and personal care markets.
United States market expected to be worth USD 92.5 million in 2025, growing consistently up to 2035.
China projected to grow to USD 74.4 million by 2035 with a 6.0% CAGR boosted by applications in the industrial and specialty chemical space.
Segment Overview:
By Grade:
Industrial Grade leads by virtue of widespread use in coatings, lubricants, and plastic processing.
Cosmetic Grade is increasing as a result of enhanced usage of natural, biodegradable material.
Food Grade finds applications in food packaging applications with a focus on biodegradable packaging.
By Form:
Powder continues to be the most popular form.
Beads/Pellets and Liquid forms are designed for individual process requirements.
By Function:
Comprises friction reduction, surface modification, processing aid, and viscosity control in various end-use industries.
Octadecanamide Market News:
In June 2024, PMC Biogenix is the top sustainable supplier of specialty fatty amides and high-value biobased products. This firm is adding capacity at its new Armoslip plant under construction in South Korea's city of Gyeongju to a 50% boost. Construction of the facility will begin late 2024, and fresh supply will be available by mid-2026. This expansion will provide a boost to the production of Octadecanamide.
Browse Full Report: https://www.factmr.com/report/octadecanamide-market
More Valuable Insights on Offer:
Fact.MR, in its new offering, presents an unbiased analysis of the global octadecanamide market, presenting historical data for 2020 to 2024 and forecast statistics for 2025 to 2035.
The octadecanamide market is segmented by grade into industrial, cosmetic, and food grades, with industrial grade leading due to wide industrial use. By form, it is available as powder, beads/pellets, and liquid, with powder being most common. Based on function, it serves roles in friction reduction, surface modification, processing aid, and viscosity control. Regionally, the market spans North America, Latin America, Western and Eastern Europe, East Asia, South Asia & Pacific, and the Middle East & Africa, with North America holding a major share.
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