Data Bridge Market Research analyses that the fatty acid diethanolamide market will witness a CAGR of 5.20% for the forecast period of 2022-2029 and is likely to reach at USD 3,471.87 million by 2029.
Diethanolamides are common components used in cosmetics to act as a frothing agents or as emulsifiers. Chemically, they are amides moulded from diethanolamine and carboxylic acids, typically fatty acids.
The rise in the innovative production technologies and requirement for essential fatty acids in foods and beverages are the major factor accelerating the growth of the fatty acid diethanolamide market in the forecast period of 2022-2029. Furthermore, rise in the demand for functional food, dietary supplements and increase in the number of chronic diseases are also expected to drive the growth of the fatty acid diethanolamide market in the forecast period of 2022-2029. However, variations in the costs of raw materials and genetic effects because of the deficiency of fatty acids like the stroke, inflammation restrains the growth of fatty acid diethanolamide market in the forecast period of 2022-2029, whereas, rising incidence of coronary artery disease and high blood pressure will challenge market growth in the above mentioned forecast period.
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Some of the major players operating in the fatty acid diethanolamide market are Akzo Nobel N.V., Wujiang Jinyu Lanolin Co. Ltd, BASF SE, Vantage Specialty Chemicals, Arizona Chemicals, Colgate-Palmolive Company, Godrej Industries Limited, Eastman Chemical Company, Croda International Plc, Oleon N.V., FMC Corporation, Dow, Enzymotec Ltd., Omega Protein Corporation, AKER BIOMARINE ANTARCTIC AS, Polaris, Cargil Incorporated., GOLDEN OMEGA, Acasti Pharma Inc., Stepan Company, Maruha Nichiro Corporation, Sinomega Biotech Engineering Co., Ltd, Nippon Suisan Kaisha Ltd., GC Rieber Oils AS, and sSOLUTEX among others.
Scope of the Fatty Acid Diethanolamide Market Report:
The fatty acid diethanolamide market is segmented on the basis of type 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 market.
- On the basis of type, the fatty acid diethanolamide market is segmented into industrial grade and cosmetic grade.
- On the basis of application, the fatty acid diethanolamide market is segmented into shampoo manufacturing, detergent manufacturing, cosmetic manufacturing and others.
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Fatty Acid Diethanolamide Market Regional Analysis/Insights
The Fatty Acid Diethanolamide market is analyzed and market size insights and trends are provided by country, material type, end user and application as referenced above.
The countries covered in the Fatty Acid Diethanolamide market report are 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 (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period of 2022-2029. The market growth over this region is attributed to the high demand for fiber cement Fatty Acid Diethanolamide within the region. Asia-Pacific on the other hand, is estimated to show lucrative growth over the forecast period of 2022-2029, due to the prominent presence of fiber cement Fatty Acid Diethanolamide market players within the region. Moreover, the high requirement for the residential and commercial building construction also boosts the regional demand.
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