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    Slip Additives Market Report

    Slip Additives Market Report
    Report code - SR2584 Delivery - 2 Weeks
    Slip Additives Market Size, Share, Trend, Forecast, Competitive Analysis, and Growth Oppor See more...

    Market Insights

    Slip Additives are a type of chemical additive used in the plastics industry to lower the coefficient of friction between surfaces. They are mostly used to increase the plastic materials' slide or lubricity, which makes them simpler to handle, process, and utilize in a variety of applications. 

    Slip Additives, a sizeable market, could not escape from such trends and witnessed a colossal decline amid the pandemic. However, the industry is gradually rebounding in the year 2021 with the ramp-up in consumer confidence. Furthermore, increasing demand for packaging materials, advancements in polymer technology, and regulatory compliance and sustainability are likely to give impetus to the demand for profile seals. Overall, the slip additives market is likely to rebound at a promising CAGR of 5.1% in 2028. 

    Segment Analysis

    Segmentations

    List of Sub-Segments

    Dominant and Fastest-Growing Segments

    Type Analysis

    Fatty Amides (Erucamide, Oleamide, Stearamide), Waxes & Polysiloxanes

    Fatty amide is anticipated to remain the biggest demand generator for slip additives in the years to come.

    Carrier Resin-Type Analysis

    LDPE, LLDPE, HDPE, PP

    LDPE is expected to be the dominant carrier resin throughout the study period

    Application-Type Analysis

    Packaging, and Non-Packaging

    Packaging application is expected to be the dominant as well as fastest-growing application of slip additives.

    Regional Analysis

    North America, Europe, Asia-Pacific, and The Rest of the World

    Asia-Pacific is expected to remain the largest as well as fastest-growing region for slip additives.

     

    By Type

    The slip additives market is segmented into fatty amides (erucamide, oleamide, stearamide), waxes & polysiloxanes. Fatty amides are expected to remain the largest and fastest-growing slip additive type in the market during the forecast period as they are widely used as slip agents in various plastic applications, including films, sheets, and molded parts. The fatty acid derivatives erucamide, oleamide, and stearamide are renowned for having exceptional slide qualities. They lessen the coefficient of friction between the surfaces of the plastic, enabling easier processing, better mould release, and better surface quality.

    Carrier Resin Trends

    The market is segmented into LDPE, LLDPE, HDPE, and PP. LDPE is expected to remain the dominant carrier resin type in the market during the forecast period. Low density, exceptional flexibility, and superb slip characteristics are all attributes of LDPE. It is extensively utilized in many packaging applications, such as the creation of a film for bags, wraps, and pouches. Because of its widespread usage and popularity in the packaging sector, LDPE is frequently the main form of carrier resin connected to slip additives.

    Application Trends

    The market is segmented into packaging and non-packaging applications. Packaging slip additive is expected to remain the dominant as well as the fastest-growing application type in the market during the forecast period. The expansion is linked to the rise in packaging demand for food and beverages. Plastic packaging increases product shelf life and decreases product leakage. Due to its mobility and simplicity, plastic is often used to package food goods. Food and beverage packaging's main purposes are to decrease food loss and lengthen the shelf life of food goods. Reducing the quantity of packaging, largely non-recyclable, without sacrificing the food items' safety and hygienic standards, is one of the significant changes in the food and beverage business.

    Regional Analysis

    Asia-Pacific is expected to remain the largest market for Slip Additives during the forecast period. The market for slip additives in the region is anticipated to grow rapidly as a result of increasing industrialization in emerging economies like China and India. The packaging sector is anticipated to be driven by rising disposable income, changing lifestyles, expanding middle-class population, and increased packaged-goods consumption, which will likely promote the expansion of the slip additives market. In China, there is a rising demand for convenience foods, processed foods, and ready-to-eat foods. 

    The slip additives market is segmented into the following categories:

    By Type

    • Passenger Car (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Light Commercial Vehicle (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Medium- & Heavy-Duty Vehicle (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    By Carrier Resin Type

    • Fatty Amides (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
      • Erucamide (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
      • Oleamide (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
      • Stearamide (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Waxes & Polysiloxanes (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    By Application Type

    • Packaging (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Non-Packaging (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    By Region

    • North America (Country Analysis: The USA, Canada, and Mexico)
    • Europe (Country Analysis: Germany, France, The UK, Russia, and Rest of Europe)
    • Asia-Pacific (Country Analysis: Japan, China, India, and the Rest of Asia-Pacific)
    • Rest of the World (Country Analysis: Brazil, Argentina, and Others)

    Key Players

    The market is highly populated with the presence of several local, regional, and global players. Most of the major players compete on some of the governing factors including price, product offerings, regional presence, etc. The following are the key players in the slip additives market. Most of the major players are providing complete profile systems including profile seals.

    • Fine Organics
    • Croda International Inc.
    • PMC Biogenix Inc.
    • Honeywell International Inc.
    • Lubrizol Corporation
    • BASF SE
    • Emery Oleochemicals
    • BYK Additives
    • Lonza Group
    • Evonik Industries AG

    Research Methodology

    This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s slip additives market realities and future market possibilities for the forecast period. The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market.

    The vital data/information provided in the report can play a crucial role for market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate growth strategies to expedite their growth process.

    This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.

    More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis.
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
    • Market trend and forecast analysis.
    • Market segment trend and forecast.
    • Competitive landscape and dynamics: Market share, Product portfolio, New Product Launches, etc.
    • COVID-19 impact and its recovery curve.
    • Attractive market segments and associated growth opportunities.
    • Emerging trends.
    • Strategic growth opportunities for existing and new players.
    • Key success factors.

    Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to three players)
    • SWOT analysis of key players (up to three players)

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com

    Frequently Asked Questions (FAQ)

    The slip additives market is estimated to grow at a CAGR of 5.1% by 2028, driven by the packaging industry, automotive industry, industrial applications, and advancements in polymer technology.

    Fine Organics, Croda International Inc., PMC Biogenix Inc., Honeywell International Inc., Lubrizol Corporation, BASF SE, Emery Oleochemicals, BYK Additives, Lonza Group, and Evonik Industries AG are the leading players in the Slip Additives market.

    Asia Pacific is estimated to remain dominant in the slip additives market in foreseeable future. The key economies driving the regions demand for automotive seals are China, India, and South Korea.

    Asia-Pacific is estimated to remain the fastest-growing market for slip additives in the foreseeable future due to increasing demand from the packaging industry.

    Packaging applications are estimated to be dominant in the slip additives market in the coming years. The main uses for slip additives are packaging materials including films, bags, wraps, and pouches. To enhance the surface characteristics and functionality of packaging materials, these additives are widely utilised in the packaging sector.

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