Slip additives are used in polymer films to reduce the coefficient of friction (COF) and enhance either processing, performance in fabrication or downstream packaging equipment, or the end-use performance of polymers. These additives alter the properties and performance of polymers by migrating to the surface of the polyolefin films and reducing the COF. The effectiveness of slip additives is normally determined by the COF they allow. Slip additives also reduce film-to-film and film-to-metal surface friction, offering resistance to interference in the downstream process, and provide thermal stability, thereby, minimizing adhesion, aiding separation, improving efficiency, and reducing processing costs. These characteristics have led to the use of slip additives in plastics and polymer manufacturing.
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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The global slip additives market has been segmented based on type, carrier resin, application, and region.
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.
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.
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.
The global slip additives market has been analyzed across five regions—Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa.
Asia-Pacific dominated the global slip additives market in 2017. This can be attributed to the growth of the packaging industry in the region. The region is expected to be the largest and fastest-growing market during the forecast period.
The North American market held the second-largest share of the global slip additives market in 2017 due to the widespread use of packaging in food & beverage, healthcare, and other industrial applications. The regional market is expected to showcase remarkable growth during the forecast period.
The growth of the product market in Europe can be attributed to the presence of a few major players in this region. The established packaging industry is another factor for the growth of the European slip additives market.
The Latin American market is expected to showcase steady growth in the coming years owing to the moderate growth of the packaging industry.
The market in the Middle East & Africa is projected to grow at a sluggish rate due to the slow growth of the healthcare, food & beverage, and agriculture industries in the region.
- Manufacturers and producers of slip additives
- Traders and distributors of slip additives
- Raw material suppliers for slip additives
- Research and development organizations
- Nationalized laboratories
- Potential investors
LIST OF TABLES
Table 1 Global Slip Additives Market, By Region, 2016−2023
Table 2 North America: Slip Additives Market, By Country, 2016−2023
Table 3 Europe: Slip Additives Market, By Country, 2016−2023
Table 4 Asia-Pacific: Slip Additives Market, By Country, 2016−2023
Table 5 Middle East & Africa: Slip Additives Market, By Country, 2016−2023
Table 6 Latin America: Slip Additives Market, By Country, 2016−2023
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