Erucamide is a long chain carboxylic acid amide. It has to a great extent replaced the use of oleamide due to its beneficial properties such as resistant to high heat. This property of erucamide is due to the higher operating temperatures in the newer polymers. Erucamide is primarily used as a slip additive and an antiblocking agent. It is also used for waterproofing and paper coating compositions.

The basic raw material used in the manufacture of erucamide is erucic acid. Erucic acid is obtained from non-animal source and is a monounsaturated acid. The key source of erucic acid is rapeseed oil. It is present in the seeds of rapeseed oil in the form of glyceride. Erucamide is manufactured by reaction of purified erucic acid with ammonia at elevated temperature and pressure. Erucamide is used for wide range of applications in various end-user industries.

Growing demand for erucamide from the food packaging industry is driving the growth of global erucamide market. The beneficial thermal property of erucamide has led to high demand for manufacturing plastic films for packaging in the food industry. Erucamide is widely used in the production of dye dispersants. Hence, high demand is reported for erucamide from the printing and dyeing industry. Other applications which include textiles, surfactants and lubricants among others are also projected to fuel market growth of erucamide in the near future.

Erucamide market is expected to reach over US$ 276.6 Mn by 2023, growing at a CAGR of more than 3.0% during the forecast period 2016-2023.

Purpose of the Report

The purpose of this strategic research study titled “Global Erucamide Market - Growth, Share, Opportunities, and Competitive Analysis, 2016 – 2023” is to provide company executives, industry investors, and industry participants with in-depth insights to enable them make informed strategic decisions regarding the opportunities in the global erucamide market.

Target Audience

• Industry Investors
• Erucamide Providers/Vendors
• Research Professionals
• Emerging Companies
• Raw Material Suppliers/ Buyers
• Product Suppliers/ Buyers
• Research Institutes

USP and Key Offerings

The report titled “Global Erucamide Market - Growth, Share, Opportunities, and Competitive Analysis, 2016 – 2023” offers strategic insights into the global erucamide market along with the market size and estimates for the duration 2016 to 2023. The said research study covers in-depth analysis of multiple market segments based on applications, functions and cross-sectional study across different geographies. In order to help strategic decision makers, the report also includes competitive profiling of the leading erucamide vendors, their expansion strategies, market positioning, and latest developments. Other in-depth analyses provided in the report include:

• Current and future market trends to justify the forthcoming attractive markets within erucamide industry
• Market fuelers, market impediments, and their impact on the market growth
• In-depth competitive environment analysis
• Trailing 2-Year market size data (2014 – 2015)
• SRC (Segment-Region-Country) Analysis

Overall, the research study provides a holistic view of the global erucamide market, of growth, offering market size and estimates for the period from 2016 to 2023, keeping in mind the above mentioned factors.

Historical & Forecast Period

This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Erucamide market are as follows:

• Research and development budgets of manufacturers and government spending
• Revenues of key companies in the market segment
• Number of end users and consumption volume, price and value.
• Geographical revenues generate by countries considered in the report
• Micro and macro environment factors that are currently influencing the Erucamide market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

Key questions answered in this report

• What are the key micro and macro environmental factors that are impacting the growth of Erucamide market?
• What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
• Estimated forecast and market projections up to 2032.
• Which segment accounts for the fastest CAGR during the forecast period?
• Which market segment holds a larger market share and why?
• Are low and middle-income economies investing in the Erucamide market?
• Which is the largest regional market for Erucamide market?
• What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
• Which are the key trends driving Erucamide market growth?
• Who are the key competitors and what are their key strategies to enhance their market presence in the Erucamide market worldwide?