Ethylene Bis Stearamide Market | Global Industry Report, 2030

Manufacturers Focus on Environmentally Sound Management of Plastics Items during COVID-19 Outbreak

The onset of the coronavirus pandemic has led to an increase in the consumption of single use plastics. Although these plastics are found to be the most sanitary choice in diverse applications, increasing volume of plastic waste is creating environmental, recycling, and disposal challenges. Companies in the ethylene bis stearamide market have been capitalizing on the demand for single use plastics in groceries and food service applications. However, manufacturers need to address the growing plastic waste to reduce environmental, recycling, and disposing burden during the ongoing COVID-19 pandemic.

Individuals are becoming aware that organizations is the U.S. are deliberately pushing their plastic agenda. Plastic manufacturers are scrambling to make a comeback by building fear in the minds of individuals and promoting the benefits of single use plastics. However, plastic manufacturers in the global ethylene bis stearamide market and other industries need to take cue from organizations such as the India Environment Ministry’s guidelines about Extended Producer’s Responsibility (EPR). Plastic manufacturers need to be accountable for environmentally sound management of plastic products until the end of its life.

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Additive R&D Helps to Produce Low Cost Rubber Compounds

The ethylene bis stearamide market is predicted to reach the value of ~US$ 530 Mn by the end of 2030. Rubber, one of the key applications of ethylene bis stearamide, is virtually found in almost all end markets. However, selecting the right performance additives for rubber compounding can be potentially challenging for manufacturers. The demanding applications of rubber have stressed on the importance of rigorous R&D in order to gain a competitive edge over other market players.

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Companies in the ethylene bis stearamide market are adopting cost efficient methods to produce powders and additives that translate into low cost rubber compounds.

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Textile and Paint Manufacturing Applications Bolster Market Growth

Apart from plastic and rubber manufacturing, companies in the ethylene bis stearamide market are unlocking growth opportunities in ink, paint, and textile applications. 18C by Acme-Hardesty— the U.S.-based distributor of oleochemicals, is expanding its product portfolio of dispersing agents and flow enhancers such as ethylene bis stearamide that play a key role in textile, paint manufacturing, and ink applications.

Metalworking and construction are proving to be stable revenue streams for companies in the ethylene bis stearamide market. Ethylene bis stearamide plays an important role as a lubricant that reduces friction in wire drawing applications. In painting and printing, ethylene bis stearamide is being extensively used as a leveling and anti-sticking agent.

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Non-toxic Ethylene Bis Stearamide Gains Prominence in Manufacturing of Powder Coating Additives

The eCommerce sector is emerging as a key platform in boosting the uptake of ethylene bis stearamide materials. Manufacturers are investing in online stores to boost product uptake. Companies in the ethylene bis stearamide market are increasing the availability of non-toxic ethylene bis stearamide, which is soluble in chlorinated and aromatic solvents. High temperature lubrication and surface smoothing properties of ethylene bis stearamide are being highly publicized in the ethylene bis stearamide market.

Ethylene bis stearamide is gaining prominence as a powder coating additive and pigment stabilizer. Paper manufacturing has triggered the demand for anti-foaming and anti-static agents. As such, plastic manufacturing is estimated to hold the highest share in terms of revenue among all applications in the market of ethylene bis stearamide. This is evident since there is a steady surge in the demand for internal and external lubricants and dispersants for plastic manufacturing.

Adoption of Technical Solutions Enhance Credibility of Suppliers

The ever-evolving building and construction sector is creating business opportunities for manufacturers in the ethylene bis stearamide market.  Sainuo—a lubrication & dispersion system product supplier in China is increasing its product portfolio in ethylene bis stearamide and polyethylene wax to help end users accelerate production of hot melt adhesives. Manufacturers in the ethylene bis stearamide market are increasing the availability of products that are tailored and optimized as per specific and unique client requirements. Companies in China are establishing robust supply chains with end users in Korea, the U.S., Russia, Germany, and Turkey, among others.

Beaded forms of ethylene bis stearamide are gaining prominence in hot melt adhesives. Manufacturers are increasing awareness about the compatibility of ethylene bis stearamide with other products to boost product uptake. Access to reliable information and technical solutions is helping build credibility of suppliers and manufacturers.

Natural and Synthetic Amide Waxes Being Preferred in Powder Metallurgy and Cosmetics

Companies in the ethylene bis stearamide market are boosting their output capacities in natural and synthetic amide waxes. TER Nordic— a chemical wholesaler in Odense, Denmark, is offering amide waxes in powder, micro powder, and granule forms. It has been found that amide waxes are in high demand for manufacturing lubricants meant for developing inks and coatings. As such, manufacturers are tapping into incremental opportunities in powder metallurgy, cosmetics, and packaging applications.

In order to boost credibility credentials, manufacturers are establishing long-term partnerships to ensure the quality in products. They are setting their collaboration wheels in motion to forge new partnerships to maximize profitability. Ethylene bis stearamide is being used to improve the main effects of wet spray. This has led to the popularity of ethylene bis stearamide as a dispersant in pigment masterbatch production.

Moreover, to produce rubber and elastomers, manufacturers in the ethylene bis stearamide market are boosting their output capacities to develop anti-adhesive agents, release agents, and dispersants. Ethylene bis stearamide helps to increase the melt index of the resin, resulting in enhancement of the fluidity of materials. On the other hand, ethylene bis stearamide is being highly publicized as a stabilizer and slip agent in PVC rigid film calendering.

Analysts’ Viewpoint

The increasing consumption of single use plastics has led to the formation of mandates for waste collection systems involving local authorities during the COVID-19 pandemic. The ethylene bis stearamide market is projected to clock a modest CAGR of ~5% throughout the assessment period, as manufacturers are facing difficulty in adhering to stringent regulations and making selection of right additives for producing rubber compounds. In order to tide over these issues, manufacturers should adopt cost efficient methods of manufacturing high performance additives involving ethylene bis stearamide to excel in rubber production. They should work closely with plant chemists and operators to clearly define performance improvements in additives. Thus, to comply with regulations, manufacturers are educating clients about disposal, packaging, and shelf life of ethylene bis stearamide.