Home / News / Erucamide Market Is Expected to Reach Over US$ 0.2 Bn by 2022 – Credence Research

Erucamide Market Is Expected to Reach Over US$ 0.2 Bn by 2022 – Credence Research

According to a new market report published by Credence Research “Erucamide Market – Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 – 2021,” the erucamide market is expected to reach over US$ 0.2 Bn by 2022, expanding at a CAGR of more than 3.0% from 2016 to 2022.

Browse the full Erucamide Market for Food Packaging, Surfactants, Printing & Dyeing, Paper, Textile and Other Applications- Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 – 2022 report at http://www.credenceresearch.com/report/erucamide-market

Market Insights

Erucic acid is the major raw material used in the production of erucamide. It is derived from non animal sources and is known to be thermally more stable than oleamide. Erucic acid is derived from rapeseed oil which is further used in the making of erucamide. Erucamide is a long chain carboxylic acid amide. It is usually produced by reaction of purified erucic acid with ammonia at elevated temperature and pressure. The fatty acid which is obtained is then purified to contain high percentage of erucic acid.

The principal use of erucamide is an additive which alters the physical characteristics of polypropylene, polyethylene and other polymers. Erucamide is used in films as a blocking agent. Erucamide is used on a large scale as polymer additive among all other applications. Slip and antiblocking agents are used to improve the handling of polyolefin films which are used for commercial or packaging purposes.

On the basis of applications, global erucamide market is segmented into food packaging, surfactants, textile, paper and printing & dyeing among others. Food packaging accounted for major share of global erucamide market in 2016 and is expected to retain its position in the near future. Growing demand for erucamide for plastic films from the food packaging industry is driving the growth of global erucamide market.

Browse the full report at http://www.credenceresearch.com/report/erucamide-market

Rising hygiene awareness among the people and growing acceptance of canned food has boosted market for food packaging materials in the market. These factors have led to high demand for plastic films and packaging materials. This in turn has boosted market demand for erucamide in the market. Other applications such as textile, paper, lubricants and surfactants are also.

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