PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1838351
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1838351
Epoxidized Soybean Oil Market Introduction and Overview
According to SPER market research, 'Global Epoxidized Soybean Oil Market Size- By Raw Material, By Application, By End-Use Application - Regional Outlook, Competitive Strategies and Segment Forecast to 2034' state that the Global Epoxidized Soybean Oil Market is predicted to reach 921.35 million by 2034 with a CAGR of 5.83%.
One of the most popular vegetable oils used as a substitute in the oleo-chemical industry is epoxidised soybean oil because of its greater production capacity and cheaper price. By epoxidising soybean oil with hydrogen peroxide and an acid catalyst, epoxidised soybean oil is produced on a wide scale. This oil is typically utilised in the industry as a lubricant, plasticiser, polymer stabiliser, and in items that resemble rubber.
Restraints: The market for epoxidised soybean oil faces certain unique problems. Synthetic chemicals are being phased out as consumer preferences move to natural and organic products. Epoxidised soybean oil must compete with other natural options. Furthermore, soybean price changes affect the raw material costs connected with epoxidised soybean oil. Regulation changes also have an impact on how epoxidised soybean oil is used in a variety of applications.
Scope of the report:
Report Metric Details
Market size available for years 2021-2034
Base year considered 2024
Forecast period 2025-2034
Segments covered By Raw Material, By Application, By End-Use Application
Regions covered North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa
Companies Covered CHS Inc, Adera Corporation, Valtris, Hairma Chemicals (GZ) Ltd, Guangzhou Xinjinlong Chemical Additives Co. Ltd, Nan Ya Plastics Corporation, Cargill, Galata Chemicals LLC, Shandong Longkou Longda Chemical Industry Co. Ltd, Inbra IndA0strias QuA-micas Ltd.
Global Epoxidized Soybean Oil Market Segmentation:
By Raw Material: Based on the Raw Material, Global Epoxidized Soybean Oil Market is segmented as; Soybean Oil, Hydrogen Peroxide.
By Application: Based on the Application, Global Epoxidized Soybean Oil Market is segmented as; Plasticizers, UV Cure Applications, Fuel Additives.
By End-Use Application: Based on the End-Use Application, Global Soybean Oil Market is segmented as; Foods & Beverages, Adhesives & Sealants, Automotives.
By Region: This research also includes data for North America, Latin America, Asia-Pacific, Europe, Middle East & Africa.