Press release
Sebacic Acid Market By Application (Plastisizers, Lubricants, Solvents, Adhesives, Chemical Intermediates), Industry Analysis Report, 2017-2024.
“Sebacic Acid Market may surpass USD 480 million by 2024; according to a new research report.”
Sebacic acid finds application as synthesis intermediate in manufacturing sebacates esters such as dihexyl sebacate, di-isopropyl sebacate, and diethyl sebacate which are extensively used in cosmetic formulations. It acts as pH corrector, emollient, plasticizer, film forming and masking agent in skin or hair care products. Consumer adoption towards personal care and hygiene care products owing to increasing living standards should favor industry growth.
Rise in use of bio based lubricants in automobiles trucks and aircraft vehicles owing to reduce environmental impact by increasing fuel efficiency and minimizing carbon emission which should drive industry growth. Sebacic acid is used to derive disodium sebacate which is a corrosion inhibitor and coolant in automotive as well as aircraft industry.
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Sebacic acid market from lubricants application is anticipated to grow over 4.5% in the end of 2024. It is used to produce chemical derivative sebacate diesters which has wide application scope in grease and complexed lubricants. These lubricants offer high performance, high heat resistance and fuel efficiency.
Essential feedstock for production is castor oil. Fluctuating castor oil seeds costs may challenge industry profitability and impact sebacic acid market price trend. However, increasing popularity of bio based polymers derived from renewable and natural sources such as castor oil over petroleum based polymer may act as major contributing factor towards sebacic acid market growth.
Asia Pacific, led by China and India, sebacic acid market size, should surpass USD 180 million by 2024. Positive indicator in automotive sales accompanied with flourishing numerous end-use industries including, pharmaceuticals, textile, cosmetics owing to availability of low wage labor and raw materials may boost product demand in this region.
Browse key industry insights from the report, “Sebacic acid market” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/sebacic-acid-market
Sebacic acid from plasticizers application may witness strong gains at end of forecast timeframe. It is used as major raw material in polyamide manufacturing with addition properties including better ductility, flexibility, and hydrophobicity. Dibuty sebacate is approved in plastic used for pharmaceutical, medical device and food packaging thereby promoting industry growth.
North America sebacic acid market may grow significantly over 4%. Growing use of nylon mainly in U.S. textile industry along with increasing demand in cosmetic formulation including hair & skin conditioning, sunscreens and masks due to low toxicity should drive regional growth. Castor oil derivative manufacturers in this region are engaged in capacity expansion along with entry of new players in this sector may act as another contributing factor towards industry growth.
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Global sebacic acid market share is consolidated and competitive. Hokoku Corp, Casda Biomaterials, Hengshui Jinghua and Shandong Siqiang Chemicals are some of the major companies present in this industry.
Report Content
Chapter 5 Sebacic Acid Market, By Region
5.1 Sebacic acid by regional market share, 2016 & 2024
5.2 North America
5.2.1 Market estimates & forecast, 2013-2024, (Kilo tons) (USD Million)
5.2.2 Market estimates & forecast, by application, 2013-2024, (Kilo tons) (USD Million)
5.2.3 U.S.
5.2.3.1 Market estimates & forecast, 2013-2024, (Kilo tons) (USD Million)
5.2.3.2 Market estimates & forecast, by application, 2013-2024, (Kilo tons) (USD Million)
5.2.4 Canada
5.2.4.1 Market estimates & forecast, 2013-2024, (Kilo tons) (USD Million)
5.2.4.2 Market estimates & forecast, by application, 2013-2024, (Kilo tons) (USD Million)
5.2.5 Mexico
5.2.5.1 Market estimates & forecast, 2013-2024, (Kilo tons) (USD Million)
5.2.5.2 Market estimates & forecast, by application, 2013-2024, (Kilo tons) (USD Million)
5.3 Europe
5.3.1 Market estimates & forecast, 2013-2024, (Kilo tons) (USD Million)
5.3.2 Market estimates & forecast, by application, 2013-2024, (Kilo tons) (USD Million)
5.3.3 Germany
5.3.3.1 Market estimates & forecast, 2013-2024, (Kilo tons) (USD Million)
5.3.3.2 Market estimates & forecast, by application, 2013-2024, (Kilo tons) (USD Million)
5.3.4 UK
5.3.4.1 Market estimates & forecast, 2013-2024, (Kilo tons) (USD Million)
5.3.4.2 Market estimates & forecast, by application, 2013-2024, (Kilo tons) (USD Million)
5.3.5 France
5.3.5.1 Market estimates & forecast, 2013-2024, (Kilo tons) (USD Million)
5.3.5.2 Market estimates & forecast, by application, 2013-2024, (Kilo tons) (USD Million)
5.3.6 Italy
5.3.6.1 Market estimates & forecast, 2013-2024, (Kilo tons) (USD Million)
5.3.6.2 Market estimates & forecast, by application, 2013-2024, (Kilo tons) (USD Million)
5.3.7 Russia
5.3.7.1 Market estimates & forecast, 2013-2024, (Kilo tons) (USD Million)
5.3.7.2 Market estimates & forecast, by application, 2013-2024, (Kilo tons) (USD Million)
5.4 Asia Pacific
5.4.1 Market estimates & forecast, 2013-2024, (Kilo tons) (USD Million)
5.4.2 Market estimates & forecast, by application, 2013-2024, (Kilo tons) (USD Million)
5.4.3 China
5.4.3.1 Market estimates & forecast, 2013-2024, (Kilo tons) (USD Million)
5.4.3.2 Market estimates & forecast, by application, 2013-2024, (Kilo tons) (USD Million)
5.4.4 India
5.4.4.1 Market estimates & forecast, 2013-2024, (Kilo tons) (USD Million)
5.4.4.2 Market estimates & forecast, by application, 2013-2024, (Kilo tons) (USD Million)
5.4.5 Japan
5.4.5.1 Market estimates & forecast, 2013-2024, (Kilo tons) (USD Million)
5.4.5.2 Market estimates & forecast, by application, 2013-2024, (Kilo tons) (USD Million)
5.4.6 South Korea
5.4.6.1 Market estimates & forecast, 2013-2024, (Kilo tons) (USD Million)
5.4.6.2 Market estimates & forecast, by application, 2013-2024, (Kilo tons) (USD Million)
5.4.7 Australia
5.4.7.1 Market estimates & forecast, 2013-2024, (Kilo tons) (USD Million)
5.4.7.2 Market estimates & forecast, by application, 2013-2024, (Kilo tons) (USD Million)
5.4.8 Thailand
5.4.8.1 Market estimates & forecast, 2013-2024, (Kilo tons) (USD Million)
5.4.8.2 Market estimates & forecast, by application, 2013-2024, (Kilo tons) (USD Million)
5.4.9 Malaysia
5.4.9.1 Market estimates & forecast, 2013-2024, (Kilo tons) (USD Million)
5.4.9.2 Market estimates & forecast, by application, 2013-2024, (Kilo tons) (USD Million)
5.4.10 Indonesia
5.4.10.1 Market estimates & forecast, 2013-2024, (Kilo tons) (USD Million)
5.4.10.2 Market estimates & forecast, by application, 2013-2024, (Kilo tons) (USD Million)
5.5 Latin America (LATAM)
5.5.1 Market estimates & forecast, 2013-2024, (Kilo tons) (USD Million)
5.5.2 Market estimates & forecast, by application, 2013-2024, (Kilo tons) (USD Million)
5.5.3 Brazil
5.5.3.1 Market estimates & forecast, 2013-2024, (Kilo tons) (USD Million)
5.5.3.2 Market estimates & forecast, by application, 2013-2024, (Kilo tons) (USD Million)
5.6 Middle East & Africa (MEA)
5.6.1 Market estimates & forecast, 2013-2024, (Kilo tons) (USD Million)
5.6.2 Market estimates & forecast, by application, 2013-2024, (Kilo tons) (USD Million)
5.6.3 South Africa
5.6.3.1 Market estimates & forecast, 2013-2024, (Kilo tons) (USD Million)
5.6.3.2 Market estimates & forecast, by application, 2013-2024, (Kilo tons) (USD Million)
5.6.4 Saudi Arabia
5.6.4.1 Market estimates & forecast, 2013-2024, (Kilo tons) (USD Million)
5.6.4.2 Market estimates & forecast, by application, 2013-2024, (Kilo tons) (USD Million)
5.6.5 UAE
5.6.5.1 Market estimates & forecast, 2013-2024, (Kilo tons) (USD Million)
5.6.5.2 Market estimates & forecast, by application, 2013-2024, (Kilo tons) (USD Million)
Chapter 6 Company Profiles
6.1 Arkema
6.1.1 Business Overview
6.1.2 Financial Data
6.1.3 Product Landscape
6.1.4 SWOT Analysis
6.1.5 Strategic Outlook
6.2 Hengshui Jinghua Chemical Co., Ltd.
6.2.1 Business Overview
6.2.2 Financial Data
6.2.3 Product Landscape
6.2.4 SWOT Analysis
6.3 Sebacic India Limited
6.3.1 Business Overview
6.3.2 Financial Data
6.3.3 Product Landscape
6.3.4 SWOT Analysis
6.4 Hokoku Corporation
6.4.1 Business Overview
6.4.2 Financial Data
6.4.3 Product Landscape
6.4.4 SWOT Analysis
6.5 Santa Cruz Biotechnology, Inc.
6.5.1 Business Overview
6.5.2 Financial Data
6.5.3 Product Landscape
6.5.4 SWOT Analysis
6.6 KGN Enterprises Ltd.
6.6.1 Business Overview
6.6.2 Financial Data
6.6.3 Product Landscape
6.6.4 SWOT Analysis
6.7 Hope Chemical Co., Ltd.
6.7.1 Business Overview
6.7.2 Financial Data
6.7.3 Product Landscape
6.7.4 SWOT Analysis
6.8 Zhengzhou Yibang Industry & Commerce Co., Ltd.
6.8.1 Business Overview
6.8.2 Financial Data
6.8.3 Product Landscape
6.8.4 SWOT Analysis
6.9 Shipra Agrichem Pvt. Ltd.
6.9.1 Business Overview
6.9.2 Financial Data
6.9.3 Product Landscape
6.9.4 SWOT Analysis
6.9.5 Strategic Outlook
6.10 Tianxing Biotechnology Co., Ltd.
6.10.1 Business Overview
6.10.2 Financial Data
6.10.3 Product Landscape
6.10.4 SWOT Analysis
6.11 Tokyo Chemical Industry Co., Ltd.
6.11.1 Business Overview
6.11.2 Financial Data
6.11.3 Product Landscape
6.11.4 SWOT Analysis
6.12 Tongliao Xinghe Biotechnology Co., Ltd.
6.12.1 Business Overview
6.12.2 Financial Data
6.12.3 Product Landscape
6.12.4 SWOT Analysis
6.13 Shandong Siqiang Chemical Group Co., Ltd.
6.13.1 Business Overview
6.13.2 Financial Data
6.13.3 Product Landscape
6.13.4 SWOT Analysis
6.14 Triveni Chemicals
6.14.1 Business Overview
6.14.2 Financial Data
6.14.3 Product Landscape
6.14.4 SWOT Analysis
6.15 Swarnajyothi Agrotech & Power Ltd.
6.15.1 Business Overview
6.15.2 Financial Data
6.15.3 Product Landscape
6.15.4 SWOT Analysis
6.16 BASF SE
6.16.1 Business Overview
6.16.2 Financial Data
6.16.3 Product Landscape
6.16.4 SWOT analysis
6.16.5 Strategic Outlook
6.17 Wilmar (China) Oleo Co., Ltd. (Wilmar International)
6.17.1 Business Overview
6.17.2 Financial Data
6.17.3 Product Landscape
6.17.4 SWOT Analysis
6.18 Jiangsu Zhongzheng Biochemical Co., Ltd.
6.18.1 Business Overview
6.18.2 Financial Data
6.18.3 Product Landscape
6.18.4 SWOT Analysis
6.19 Shanxi Zhengang Chemical Co., Ltd.
6.19.1 Business Overview
6.19.2 Financial Data
6.19.3 Product Landscape
6.19.4 SWOT Analysis
Browse full Table of Content @ https://www.gminsights.com/toc/detail/sebacic-acid-market
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