Global Slip Additives Market Trends, Applications, Analysis, Growth, and Forecast: 2017 to 2027

Global Slip Additives Market Introduction :

“The global Slip Additives Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.”

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Slip additives substances are fatty amides which are broadly used to maintain the nature of substrates. Slip additives have various end-use applications in paints & coating and plastic packaging industries.

Dynamics

Increasing demand for slip additives across various end-use applications such as food & beverages and consumer goods packaging is a major factor expected to drive growth of the global market over the next few years. In addition, increasing advancements in the packaging industry and increasing demand for the bio-based slip additives are other key factors expected to support revenue growth of the global market over the next few years.

Various features offered by these materials such as flexibility, relative transparency, toughness, and others is another factor anticipated to increase adoption of slip additives, which in turn is expected to drive growth of the target market over the forecast period. In addition, increasing demand for plastic films in medical applications is another factor expected to increase slip additives demand, which in turn projected to drive growth of the target market in the next 10 years.

However, stringent government and environmental regulations and fluctuating raw material prices are major factors expected to hamper growth of the global market to certain extent.

Segmental Analysis:

On the basis of type, fatty amides segment is estimated to dominate the global slip additives market, owing to its versatile and environment-friendly characteristics. The fatty amides segment is further sub-segmented into erucamide, oleamide, steramide, and others (behenamide and secondary amides). The fatty amides segment revenue is projected to register highest CAGR over the forecast.

On the basis of carrier resin, the LLDPE segment is estimated to account for major share in terms of revenue in the global market, owing to their flexibility and relative transparency properties. The LLDPE segment revenue is also anticipated to register highest CAGR over the forecast.

On the basis of application, the packaging segment is estimated to account for significant share in terms of revenue in the global market, owing to increasing demand from food and beverages industry. The packaging segment revenue is also projected to register highest CAGR over the forecast.

Regional Analysis:

Asia Pacific slip additives market is expected to account for significant share in terms of revenue in the global market. The Asia Pacific market is also anticipated to register faster growth in terms of revenue over the next few years, owing to increasing demand from packaging industry in the countries in region. The market in China is anticipated to account for significant share in terms of revenue in the Asia Pacific market.

Global slip additives market segmentation:

Segmentation by type:

• Fatty Amides
  • Erucamide
  • Oleamide
  • Steramide
  • Others (Behenamide and Secondary Amides)
• Waxes & Polysiloxanes
• Others (Esters and Salts)

Segmentation by carrier resin:

• Low-density polyethylene (LDPE)
• Linear low-density polyethylene (LLDPE)
• High-density polyethylene (HDPE)
• Polypropylene (PP)
• Others (PET, EVA, Polystyrene, and Acrylics)

Segmentation by application:

• Packaging
  • Food & Beverages
  • Consumer Goods
  • Healthcare
  • Others (Industrial and Agricultural)
• Non-packaging

 Segmentation by region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa