Market Overview:
The global palmitamide market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the palmitamide market can be attributed to the increasing demand for lubricants and antiblocking agents across different industries. Palmitamide is used as an ingredient in various applications such as lubricants, antiblocking agents, and other applications. The purity＜99% segment is expected to dominate the global palmitamide market during the forecast period owing to its high demand from end-use industries.
Product Definition:
Palmitamide is an amide derived from palmitic acid. It is a fatty acid derivative that can be found in a variety of cosmetic and personal care products. Palmitamide is used as an emollient, skin conditioner, and hair conditioning agent.
Purity＜99%:
Purity 99% is a special type of palm oil that has been extracted under controlled conditions to ensure the retention of all its beneficial properties. It contains more than 90% saturated fat, which makes it ideal for use in food products and other industrial purposes. The product also exhibits high oxidative stability, making it suitable for applications such as confectionery fats and oils, shortenings/lubricants base or any other application where stability towards oxidation is required.
Purity≥99%:
Purity 99% is a special type of clear, odorless and tasteless oil. It has been used as an ingredient in pharmaceutical products for over 20 years. Due to its exceptional properties such as the ability to reduce the possibility of oxidation and self-concentration, it is widely used in cosmetic products that contain vitamin E.
Application Insights:
Lubricant was the largest application segment in 2017 and is projected to witness significant growth over the forecast period. Rising demand for lubricants owing to growing automotive industry coupled with high product purity is expected to drive market growth. In addition, increasing use of palmitamide as a viscosity adjuster in lubricants will augment demand further.
Other applications include antioxidant and surfactant manufacturing which together accounted for less than 5% share of total volume in 2017 due to low production volumes compared to other applications such as lubricant or antiblocking agent.
Regional Analysis:
Asia Pacific palmitamide market is expected to grow at the highest CAGR during the forecast period. The growth of this region can be attributed to increasing demand from end-use industries such as lubricants, paints & coatings, plastics, and others. China is one of the largest producers and consumers in this region owing to its large-scale availability at a low cost.
The Asia Pacific was followed by Europe which accounted for over 20% of global consumption in 2016. Increasing demand for bio-based products coupled with rising R&D activities on palm oil derivatives are anticipated to drive regional growth over the forecast period.
Growth Factors:
- Increasing demand from end-use industries such as cosmetics, pharmaceuticals, and agriculture
- Rising awareness about the benefits of palmitamide among consumers
- Growing research and development activities for new applications of palmitamide
- Expansion of manufacturing capacities by key players in the market
- Increasing number of collaborations and partnerships between palmitamide manufacturers and end-use industries
Scope Of The Report
Report Attributes
Report Details
Report Title
Palmitamide Market Research Report
By Type
Purity＜99%, Purity≥99%
By Application
Lubricant, Antiblocking Agent, Other
By Companies
Tianyu Oleochemical, Witco Corporation, Italmatch Chemicals, Fine Organics
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
160
Number of Tables & Figures
112
Customization Available
Yes, the report can be customized as per your need.
Global Palmitamide Market Report Segments:
The global Palmitamide market is segmented on the basis of:
Types
Purity＜99%, Purity≥99%
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Lubricant, Antiblocking Agent, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Tianyu Oleochemical
- Witco Corporation
- Italmatch Chemicals
- Fine Organics
Highlights of The Palmitamide Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Purity＜99%
- Purity≥99%
- By Application:
- Lubricant
- Antiblocking Agent
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Palmitamide Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Palmitamide is a fatty acid that is found in animal and plant-based foods. It helps the body to process food more effectively, which can help reduce weight.
Some of the key players operating in the palmitamide market are Tianyu Oleochemical, Witco Corporation, Italmatch Chemicals, Fine Organics.
The palmitamide market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Palmitamide Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Palmitamide Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Palmitamide Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Palmitamide Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Palmitamide Market Size & Forecast, 2018-2028
4.5.1 Palmitamide Market Size and Y-o-Y Growth
4.5.2 Palmitamide Market Absolute $ Opportunity
Chapter 5 Global Palmitamide Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Palmitamide Market Size Forecast by Type
5.2.1 Purity＜99%
5.2.2 Purity≥99%
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Palmitamide Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Palmitamide Market Size Forecast by Applications
6.2.1 Lubricant
6.2.2 Antiblocking Agent
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Palmitamide Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Palmitamide Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Palmitamide Analysis and Forecast
9.1 Introduction
9.2 North America Palmitamide Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Palmitamide Market Size Forecast by Type
9.6.1 Purity＜99%
9.6.2 Purity≥99%
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Palmitamide Market Size Forecast by Applications
9.10.1 Lubricant
9.10.2 Antiblocking Agent
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Palmitamide Analysis and Forecast
10.1 Introduction
10.2 Europe Palmitamide Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Palmitamide Market Size Forecast by Type
10.6.1 Purity＜99%
10.6.2 Purity≥99%
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Palmitamide Market Size Forecast by Applications
10.10.1 Lubricant
10.10.2 Antiblocking Agent
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Palmitamide Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Palmitamide Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Palmitamide Market Size Forecast by Type
11.6.1 Purity＜99%
11.6.2 Purity≥99%
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Palmitamide Market Size Forecast by Applications
11.10.1 Lubricant
11.10.2 Antiblocking Agent
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Palmitamide Analysis and Forecast
12.1 Introduction
12.2 Latin America Palmitamide Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Palmitamide Market Size Forecast by Type
12.6.1 Purity＜99%
12.6.2 Purity≥99%
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Palmitamide Market Size Forecast by Applications
12.10.1 Lubricant
12.10.2 Antiblocking Agent
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Palmitamide Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Palmitamide Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Palmitamide Market Size Forecast by Type
13.6.1 Purity＜99%
13.6.2 Purity≥99%
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Palmitamide Market Size Forecast by Applications
13.10.1 Lubricant
13.10.2 Antiblocking Agent
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Palmitamide Market: Competitive Dashboard
14.2 Global Palmitamide Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Tianyu Oleochemical
14.3.2 Witco Corporation
14.3.3 Italmatch Chemicals
14.3.4 Fine Organics
