Scienza e Tecnologia
Ethylene Bis-stearamide (EBS) Sales Accelerating as Application in Plastic Manufacturing & Powder Metallurgy Rises: Fact.MR
Demand for EBS have substantially increased with the rising application across automotive, rubber production and building & construction. EBS works as a dispersing agent and as an internal lubricant in plastic application and for deployment across powder metallurgy respectively. Furthermore, increased plastic production and automotive manufacturing is accelerating the market growth.
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According to Fact.MR, the global ethylene bis-stearamide market is expected to be valued at over US$ 500 million through 2031. Growth is expected to accelerate across countries such as China , India , the U.S. and the U.K., which are offering expansion opportunities spurred by growing demand from building & construction industry.
Key players profiled by Fact.MR operating in ethylene bis-stearamide market include Croda International PLC, BassTech International, Deurex AG, Tarak Chemicals Ltd., GreenTech Plastics, Sinwon Chemicals, KLK Oleo, PMC Biogenix, Kao Chemicals Global, Guangzhou Cardlo Biochemical Technology Technology co. Ltd., Valtris Specialty Chemicals Inc., and Shandong Chuangying Chemical Co. Ltd. among others. Key manufacturers are focusing on developing sustainable products adhering to government requirement for eco-friendly system. Also, the key players are reliant on strategic mergers and collaborations to maintain their position in the industry.
For instance, in March 2021 , Novomer Inc. announced the breakthrough for the demonstration of a low-cost polymerization process to make compostable polymers that satisfy brand owner requirements. The polymer, Rinnovo, has been developed by the use of EBS and other PET material for sustainable packaging for commercial applications.
Also, GreenTech Plastics, a leading manufacturer and part of the wider Green Group Family, became the world's first recycling company in Europe to be endorsed by the Gold Standard for issuing carbon credits for polyethylene terephthalate recycling activity.
Furthermore, Kao Chemicals Global, in February 2021 , developed an asphalt modified, NEWTLAC 5000, made from discarded PET materials to offer enhanced durability and minimum micro plastic generation.
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Fact.MR has published a recent report on global ethylene bis-stearamide market for the forecast period of 2021 and 2031. The study gives an exhaustive analysis on the trends, challenges and drivers of the market expected to prevail in the upcoming years. In order to gain a better understanding, the market is classified on the basis of form (beads, powder, and fine powder), application (plastic manufacturing, inks & coatings, adhesives & tapes, rubber manufacturing, asphalt & potting compounds, power metallurgy, and others), across key geographies such as North America , Latin America , Europe , Asia Pacific and Middle East & Africa .
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