Global Slip Additives Research Size By Product, By Application, By End Use, By Geographic Scope, By Competitive Landscape and Forecast
The global slip additives market has been segmented, based on
application, into packaging and non-packaging. The packing application segment
is expected to be the larger market for slip additives. Moreover, it is
projected to grow at a higher rate owing to the growing demand in food &
beverage, consumer goods, electrical appliances, automotive applications, among
others. This growth in demand for packaging can be attributed to the increasing
awareness of safe packaging.
By carrier resin, the global slip additives market has been
classified as LDPE, LLDPE, HDPE, and PP. The choice of carrier resin depends
entirely on the crystallinity and morphology of the polymer or polyolefin
surface. LLDPE offers flexibility, toughness, and excellent transparency to the
surface. It also offers lower COF to the surface of packaging films. These
factors are expected to result in the segment showcasing remarkable growth
during the forecast period.
Based on type, the global slip additives market has been
divided into fatty amides and waxes and polysiloxanes. The fatty amides segment
has been further segregated into erucamide, oleamide, stearamide, and
behenamide. It is expected to be the largest slip additives market, by type,
during the forecast period owing to the widespread use of these organic slip
additives in packaging applications. The versatility and environmentally
friendly nature of fatty amides is expected to further drive product demand.
Regional Analysis
The market in Asia-Pacific is expected to the largest and
fastest-growing slip additives market during the forecast period owing to rapid
industrialization and the growth of the food & beverage industry in the
region. The North American and European markets are expected to grow at
significant rates in the coming years owing to the growing demand for organic
slip agents in the consumer goods and healthcare industries. Moreover, rapid
industrialization in Latin America has resulted in the rising demand for slip
additives. Hence, the regional market is projected to showcase steady growth in
the near future. However, the market in the Middle East & Africa is
expected to grow at a slow rate during the forecast period.
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Competitive Analysis:
Fine Organics (India), Croda International PLC (UK), PMC Group
Inc. (US), the Lubrizol Corporation (US), Afron (US), BASF SE (Germany), Emery
Oleochemicals (Malaysia), Honeywell International Inc. (US), Evonik Industries
AG (Germany), Altana (Germany), and Lonza (Switzerland) are some of the major
players in the global slip additives market.
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