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Epoxidized soybean oil market is anticipated to achieve a CAGR of 13.5% by the end of 2024

Epoxidized soybean oil market is anticipated to achieve a CAGR of 13.5% by the end of 2024

The Global Epoxidized Soybean Oil Market accounted for USD 395.7 million in 2016 and projected to grow at a CAGR of 13.5% during the forecast period of 2017 to 2024.

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Market Definition

Epoxidized soybean oil is non-toxic oil. ESO is mostly available due to its low cost, it is industrially available with the low cost at great quantity.

Due to its low cost, ESO is replacing dioctyl phthalate in some of the applications. It has its wide application in foods & beverages, personal & healthcare, adhesives & sealants, automotive & transportation, and others.

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Easy availability of ESBO in large volume and at low price may act as the major driver in the growth of epoxidized soybean oil market. On the other side, health hazards due to excess usage of ESBO in foods & beverages industry may hamper the market.

Global Epoxidized Soybean Oil Market accounted for USD 395.7 million in 2016 and projected to grow at a CAGR of 13.5% during the forecast period of 2017 to 2024. This Report contains no of pages is 350, 220 tables and 60 figures.

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Years considered for this report:

  • Historical Years: 2014-2015
  • Base Year: 2016
  • Estimated Year: 2017
  • Forecast Period: 2017–2024

Global Epoxidized Soybean Oil Market By Raw Material (Soybean Oil, Hydrogen Peroxide); Application (Revenue Pocket Matrix, Plasticizers, Pigment Dispersion Agents, Flavors & Fragrances, Functional Fluids, UV Cure Applications, Fuel Additives); End Use Application; Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024

Top Market Competitors

Arkema group, The Dow Chemical Company, CHS Inc., Ferro Corporation, Galata Chemicals, Guangzhou Xinjinlong Chemical Additives Co. Ltd., Makwell Plastisizers Private Limited, The Chemical Company, Shandong Longkou Longda Chemical Industry Co.,Ltd, ANHUI TIANYI ENVIRONMENTAL PROTECTION TECH.

CO.,LTD, American Chemical Service, Inc., Hallstar, ADEKA CORPORATION, Zhejiang Jiaao Enprotech Stock Co., Ltd, FuJian ZhiShang Biomass Materials Co., Ltd., Chang Chun Group, NAN YA PLASTICS CORPORATION, and others.

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Report Segmentation

The global epoxidized soybean oil market is segmented on the basis of raw material into soybean oil, hydrogen peroxide, and others.

On the basis of application, the global epoxidized soybean oil market is segmented into revenue pocket matrix, plasticizers, pigment dispersion agents, flavors & fragrances, functional fluids, UV cure applications, fuel additives, and others.

On the basis of end-use application, the global epoxidized soybean oil market is segmented into foods & beverages, personal & healthcare, adhesives & sealants, and automotive & transportation, and others.

On the basis of geography, the global epoxidized soybean oil market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.

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