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NEW YORK, May 20, 2021 /PRNewswire/ Fact Mr s study has predicted the global ethylene bis-stearamide (EBS) to rise at 5% CAGR through 2031. Extensive use of ethylene bis-stearamide in wide range of applications such as plastic manufacturing, adhesives, inks & coatings and others will create growth opportunities for ethylene bis-stearamide manufacturers during the forecast period of 2021 and 2031.
Some of the leading manufacturers are focusing on single-use plastic due to the sustainability concerns associated with their subsequent disposal. As plastic pollution problems are on the rise, manufacturers are actively conducting research & development activities for developing eco-friendly solutions. Hence, burgeoning demand for EBS within plastic manufacturing is bolstering the market growth.