The global fatty acid alkanolamides market accounted for US$ XX Mn in 2018 and burgeoning over the forthcoming years. Some of the key factors influencing the market growth include superior properties of fatty acid alkanolamides, increasing demand from various end user industries and high growth in emerging economies.
Global fatty acid alkanolamides market segmented on the basis of product type, application and region.
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Cosmetics & Personal Care Dominate the Global Fatty Acid Alkanolamides Market
Based on application, global fatty acid alkanolamides market segmented into cosmetics & personal care, homecare, industrial and others. Cosmetics & Personal Care held considerable market share during forecast period. Fatty alkanolamides are compounds that exhibit low reactivity and high thermal stability. Alkanolamide or fatty acid alkanolamide are widely used as a surfactant, formulations on cosmetic and pharmaceutical ingredients. Commonly, fatty acid alkanolamides can be produced by transamidation of the fatty methyl ester with monoethanolamide at high temperature and pressure. They have a broad spectrum of uses such as in shampoos, detergents, cosmetics, lubricants, foam control agents and water repellents. Alkanolamides, an nonionic surfact are widely used in manufacturing of detergents and cosmetics.
North America Leads the Global Fatty Acid Alkanolamides market
PBI’s global fatty acid alkanolamides market report analyses the market in different regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. According to regional analysis. North America accounted for larger revenue share in global fatty acid alkanolamides market with considerable CAGR. U.S is the major contributor for the growth of the market in this region. In addition, Asia Pacific held considerable market growth during estimated period.
Launch of newer products, frequent product approvals, patent filings, and strategic alliances are the key strategies adopted by market players
Global fatty acid alkanolamides market further reveals that the key players increasingly adopting strategies such as launch of newer products, frequent product approvals, and long term alliance to improve market revenue share and gaining significant geographic presence across the region.
Key player’s profiles in the report are Colonial Chemical, Inc., Enaspol a.s., Kale Kimya Group, Kao Corporation, Solvay S.A. and Zohar Dalia Cooperative Agricultural Association Ltd.
Precision Business Insights (PBI) in its report titled “Global Fatty Acid Alkanolamides Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2014-2018 and Forecast 2019-2025” assesses the market performance over seven years forecast period over 2019-2025. The report analyses the market value forecast and provides the strategic insights into the market driving factors, challenges that are hindering the market revenue growth over forecast period. Moreover, the report also includes the total revenue and volume for the market.
By Product Type
o Type I
o Type II
o Cosmetics & Personal Care
o North America
• Rest of Europe
• Australia & New Zealand
• ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others)
• South Korea
• Rest of Asia-Pacific
o Latin America
• Rest of Latin America
o Middle East and Africa (MEA)
• Gulf Cooperation Council (GCC) Countries
• South Africa
• Rest of MEA
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