Global Slip Additives Market, By Type (Fatty Amides, Waxes and Polysiloxanes, Others), Carrier Resin (PE, PP), Application (Packaging, Non-Packaging), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of the Middle East and Africa) Industry Trends and Forecast to 2029.
Market Analysis and Insights Global Slip Additives Market
The slip additives market is expected to witness market growth at a rate of 5.04% in the forecast period of 2022 to 2029. Data Bridge Market Research report on slip additives market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the demand for plastic films in medical applications is escalating the growth of slip additives market.
Slip additives is known to be added to polymers to control friction. They are added straight into the polymer during the extrusion process. They migrate to the surface as polymer cools, letting a solid lubricating layer to form. Slip additives can be utilized in the polymer film structures and plastic packaging to enhance the polymer processing.
major factors that are expected to boost the growth of the slip additives market in the forecast period are the developments in the packaging industry and the accessibility at low prices in comparison to alternatives. Furthermore, the growing need for slip additives across various end-use applications like food and beverages and consumer goods packaging is further anticipated to propel the growth of the slip additives market. Moreover, the rising demand for bio-based slip additives is further estimated to cushion the slip additives market. On the other hand, the strict government and environmental regulations is further projected to impede the growth of the slip additives market in the timeline period.
In addition, the growing need for slip additives for non-packaging applications will further provide potential opportunities for the growth of the slip additives market in the coming years. However, the variation in the raw material prices might further challenge the growth of the slip additives market in the near future.
This slip additives market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on the slip additives market, contact Data Bridge Market Research for an Analyst Brief. Our team will help you take an informed market decision to achieve market growth.
Global Slip Additives Market Scope and Market Size
The slip additives market is segmented on the basis of type, carrier resin, and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of type, the slip additives market is segmented into fatty amides, waxes and polysiloxanes and others. Fatty amides are further sub segmented into erucamide, oleamide and stearamide. Others is further sub segmented into behenamide and secondary amides. Others is further sub segmented into esters and salts.
- On the basis of carrier resin, the slip additives market is segmented into PE, PP and others. PE is further sub segmented into LDPE, LLDPE and HDPE. Others is further sub segmented into PET, EVA, polystyrene, and acrylics.
- On the basis of application, the slip additives market is segmented into packaging, non-packaging. Packaging is further sub segmented into food and beverage, consumer durables, healthcare and others. Others is further sub segmented into industrial and agriculture.
Slip Additives Market Country Level Analysis
The slip additives market is analyzed, and market size, volume information is provided by country, type, carrier resin and application as referenced above.
The countries covered in the slip additives market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (M.E.A.) as a part of Middle East and Africa (M.E.A.), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the slip additives market due to the rise in the need from emerging economies. Furthermore, the rising packaging sector and industrialization and major occurrence of major key players will further boost the growth of the slip additives market in the region during the forecast period. North America is projected to observe significant amount of growth in the slip additives market due to the rise in the need for packaged, ready-to-cook, and ready-to-eat food. Moreover, the growing demand for durable, strong, and friction free packaging of the products so as to decrease the damage that may occur during transportation which is further anticipated to propel the growth of the slip additives market in the region in the coming years.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points such as consumption volumes, production sites, and volumes, import-export analysis, price trend analysis, cost of raw materials, downstream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Slip Additives Market Share Analysis
The slip additives market competitive landscape provides details by a competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to the slip additives market.
Some of the major players operating in the slip additives market are Fine Organics Industries, Croda International PLC, PMC Biogenix, Inc., Lubrizol Corporation, BASF SE, Emery Oleochemicals Group, Honeywell International Inc., Evonik Industries AG, BYK Additives & Instruments, Lonza Group, Wacker Chemie AG, Abril Industrial Waxes Ltd, PCC Chemax, Inc., Arkema SA, Akrochem Corporation, Ferro Corporation, Faci SAP, Michelman, Inc., Munzing Chemie GmbH, and Struktol Company of America, LLC. among others.
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