Slip Additives Market Worth 270.1 Million USD by 2023
PUNE, India, June 27, 2018 /PRNewswire/ --
According to a new market research report "Slip Additives Market by Type (Fatty Amides (Erucamide, Oleamide, Stearamide), Waxes & Polysiloxanes), Carrier Resin (LDPE, LLDPE, HDPE, PP), Application (Packaging, and Non-Packaging), and Region - Global Forecast to 2023", published by MarketsandMarkets™, the market is projected to grow from USD 212.4 million in 2018 to USD 270.1 million by 2023, at a CAGR of 4.9% during the forecast period. The increasing demand for flexible packaging from the food & beverage industry in emerging economies, such as China, India, and Brazil is expected to fuel the growth of the Slip Additives Market across the globe.
(Logo: https://mma.prnewswire.com/media/660509/MarketsandMarkets_Logo.jpg )
Browse 78 market data Tables and 34 Figures spread through 119 Pages and in-depth TOC on "Slip Additives Market"
https://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=187044237
Early buyers will receive 10% customization on this report
Among types, the fatty amides segment of the Slip Additives Market is projected to grow at the highest CAGR during the forecast period, in terms of value
Among types, the fatty amides segment of the Slip Additives Market is projected to grow at the highest CAGR from 2018 to 2023, in terms of value. The fatty amides segment includes erucamide, oleamide, stearamide, and others (behenamide and secondary amides). Fatty amides slip additives are versatile and environment-friendly. The growth in the need for organic additives is expected to propel the market for fatty amides-based slip additives during the next few years.
Inquire Now Before Buying @ https://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=187044237
Among carrier resins, the LLDPE segment of the Slip Additives Market is projected to account for the largest share of the Slip Additives Market by 2023, in terms of value
Among carrier resins, the LLDPE segment of the Slip Additives Market is estimated to account for the largest share by 2023, in terms of value. LLDPE films are mainly preferred in heat sealing applications in the packaging industry, owing to their flexibility, toughness, and relative transparency properties, which in turn is expected to increase the demand for slip additives.
Among applications, the packaging segment is projected to grow at the highest CAGR during the forecast period, in terms of value
Based on application, the packaging segment is projected to grow at the highest CAGR between 2018 and 2023, in terms of value. The demand for slip additives in the packaging segment is expected to increase with the growing food & beverage industry. Changing lifestyles and increasing working-class populations in emerging economies are driving the market for on-the-go packaging products, such as stick packs and film wraps, which, in turn, has fueled the demand for slip additives in the packaging application.
The Asia Pacific Slip Additives Market is estimated to account for the largest share in the Slip Additives Market during the forecast period, in terms of value
The Slip Additives Market has been studied for North America, Europe, Asia Pacific, South America, and the Middle East & Africa. The Asia Pacific Slip Additives Market is estimated to account for the largest share and is projected to grow at the highest CAGR during the forecast period, in terms of value. The growth of the Slip Additives Market in the Asia Pacific region can be attributed to the increasing demand for slip additives from various countries, such as China, India, and South Korea. Countries of the Asia Pacific region have witnessed increasing demand for packaging in the food & beverage and healthcare industries, which, in turn, is expected to lead to the growth of the Asia Pacific Slip Additives Market.
Key players operating in the Slip Additives Market include Fine Organics (India), Croda (UK), PMC Biogenix (US), Lubrizol (US), Afton (US), BASF (Germany), Emery Oleochemicals (Malaysia), Honeywell (US), Evonik (Germany), BYK Additives (Germany), and Lonza (Switzerland).
Speak to our Subject Matter Expert:
https://www.marketsandmarkets.com/speaktoanalyst.asp?id=187044237
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Salgarkar
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: [email protected]
Visit Our Blog: http://www.marketsandmarketsblog.com/market-reports/chemical
Connect with us on LinkedIn: http://www.linkedin.com/company/marketsandmarkets
Share this article