Europe Ethylene Bis Stearamide Market is expected to reach US$ 139.76 Million by 2031

Germany Dominated Europe Ethylene Bis Stearamide Market in 2023

According to our latest market study on “Europe Ethylene Bis Stearamide Market Forecast to 2031 – Country Analysis – by Type, Application, and End-Use Industry,” the market was valued at US$ 95.03 million in 2023 and is projected to reach US$ 139.76 million by 2031; it is anticipated to record a CAGR of 4.9% from 2023 to 2031. The report includes growth prospects owing to the current Europe ethylene bis stearamide market trends and their foreseeable impact during the forecast period.

In 2023, France had a significant Europe ethylene bis stearamide market share. The demand for ethylene bis stearamide (EBS) is growing due to its broad range of applications and the evolving needs of several key industries in France. The need for such high-performance additives is increasing as France continues to be a prominent player in the automotive, consumer goods, and packaging industries. According to the OICA, France's automotive production grew by 11% to 1.5 million in 2023 from 1.4 million in 2022. The demand for EBS is growing within the automotive industry in France due to its numerous benefits and the growing demands of modern automotive manufacturing. EBS plays a significant role as an effective lubricant and dispersing agent in the production of plastics and rubber components. As the automotive industry increasingly relies on advanced polymer materials to produce lightweight, durable, and efficient vehicles, EBS enhances these polymers' flow and mold release properties, resulting in smoother production processes and higher-quality components. In addition, there is a rising demand for personal care products such as lotions, creams, and shampoos. EBS acts as a thickening and stabilizing agent in these products.

The growth in the demand for ethylene bis stearamide from various industries is another significant factor fueling the Europe ethylene bis stearamide market growth in Germany. EBS is widely used as a lubricant or dispersing agent to manufacture plastic products, and such applications impart the final products with better processing and surface quality. As high-performance plastics have gained prominence in areas such as the automotive, packaging, and construction sectors, the use of these plastics for high-end applications has fueled the demand for EBS.

Europe Ethylene Bis Stearamide Market

In terms of revenue, France accounted for the significant Europe ethylene bis stearamide market share. The demand for ethylene bis stearamide (EBS) is growing due to its broad range of applications and the evolving needs of several key industries in France. The need for such high-performance additives is increasing as France continues to be a prominent player in the automotive, consumer goods, and packaging industries. According to the OICA, France's automotive production grew by 11% to 1.5 million in 2023 from 1.4 million in 2022. The demand for EBS is growing within the automotive industry in France due to its numerous benefits and the growing demands of modern automotive manufacturing. EBS plays a significant role as an effective lubricant and dispersing agent in the production of plastics and rubber components. As the automotive industry increasingly relies on advanced polymer materials to produce lightweight, durable, and efficient vehicles, EBS enhances these polymers' flow and mold release properties, resulting in smoother production processes and higher-quality components. This efficiency is crucial in an industry that reduces costs and improves production timelines. Furthermore, the construction and packaging sectors in France are driving the demand for EBS. All these properties of ethylene bis stearamide play a major role in contributing to the Europe ethylene bis stearamide market growth in the country.

Spain held the third-largest share of the market in 2023. Ethylene bis stearamide, a multifunctional additive known for its lubricating, anti-sticking, and dispersing properties, is becoming increasingly vital in various manufacturing sectors in Spain. The automotive sector in Spain, one of the largest in Europe, significantly contributes to the rising demand for EBS. The industry relies heavily on advanced materials and additives to improve the performance, durability, and aesthetics of components. EBS is used in the production of various automotive parts to enhance their surface finish, reduce friction, and ensure uniform pigment distribution. According to the ICEX España Exportación e Inversiones, Spain is the second-largest automaker in Europe and the ninth-largest worldwide. Spain has a wide presence of nine multinational brands with 17 plants. The automotive industry (including vehicles and auto parts) in Spain has a turnover of 10% of the country’s GDP and 18% of total exports. According to the OICA, automotive production in Spain grew from 2.2 million units in 2022 to 2.5 million units in 2023, with a growth of 15%. As Spain continues to be a hub for automotive manufacturing and innovation, the use of EBS in this sector continues to expand to meet the high standards of quality and efficiency required.

Europe Ethylene Bis Stearamide Market: Trends

Industries across Europe are increasingly prioritizing sustainability, leading to a strong shift toward using additives and materials that are effective and environmentally benign, such as ethylene bis stearamide (EBS). It shows low toxicity and minimal environmental impact compared to other chemical additives. Its biodegradability and compatibility with green formulations make EBS an attractive choice for manufacturers looking to comply with strict environmental regulations and meet consumer demand for sustainable products. In the paints & coatings industry, which is under pressure to reduce volatile organic compounds (VOCs) and other harmful emissions, EBS offers a valuable solution. Its properties as a dispersing agent and lubricant enhance the performance of eco-friendly coatings, helping manufacturers create products that meet high environmental standards without compromising on quality. Moreover, the plastics industry is also experiencing a shift toward more sustainable practices, with a growing emphasis on recyclable and biodegradable materials. Thus, the growing focus on sustainable and environment-friendly materials is likely to promote the growth of the Europe ethylene bis stearamide market size in the near future.

Kao Corporation; ATAMAN Kimya AS; SINWON INDUSTRIAL CO., LTD; DEUREX AG; Kuala Lumpur Kepong Bhd; Azelis Group NV; Guangzhou Cardlo Biotechnology Co., LTD; Basstech International; PMC Group, Inc; and Hoganas AB  are among the key players profiled in the Europe ethylene bis stearamide market report.

Europe Ethylene Bis Stearamide Market Breakdown – by Country

The Europe ethylene bis stearamide market involves the segmentation of the market based on:

The Europe ethylene bis stearamide market analysis is based on membrane type, application, end-use industry, and geography. Based on type, the Europe ethylene bis stearamide market is segmented into beads, powder, and others. Based on application, the market is segmented into dispersing agent, release agent, antistatic agent, pigment stabilizer, and others. Based on end-use industry, the market is segmented into plastic; rubber; electrical & electronics; paints, inks, and coatings; textile; adhesives & sealants; and others . The scope of the Europe ethylene bis stearamide market report focuses on North America (the US, Canada, and Mexico), Europe (Germany, France, the UK, Italy, Russia, and the Rest of Europe), Asia Pacific (China, India, Japan, Australia, and the Rest of Asia Pacific), Middle East & Africa (South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa), and South & Central America (Brazil, Argentina, and the Rest of South & Central America).

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