openPR Logo
Press release

Global Soy-Based Chemicals Industry Outlook: Growing Alertness Regarding the Advantages of Bio-Based Products to Drive the Market Growth

04-30-2018 12:12 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Variant Market Research

Variant Market Research

Variant Market Research

According to the latest report published by Variant Market Research, the global soy-based chemicals market size is projected to reach $22.8 Billion by 2024 from $12.4 Billion in 2016. In this report, soy-based chemicals market forecast says that the global market is growing at 7.9% CAGR from 2016 to 2024.

Click Here to Request a Free Sample PDF of This Report @ https://www.variantmarketresearch.com/report-categories/chemicals-materials/soy-based-chemicals-market/sample-request

High demand for bio-degradable plastics from soy-based materials to fuel the global market
The global soy-based chemicals market trend comprises growing alertness regarding the advantages of bio-based products, stringent ecological rules, and high demand for bio-degradable plastics from soy-based materials. However, deficit of raw material essential for this product might limit the soy-based chemicals market growth. Furthermore, mounting demand for usage of soy-based chemicals in food & beverage industry would offer an opportunity for players of market.
Market Segmentations
The global soy-based chemicals market is classified into type, application and geography. Type segment includes soy-oil, polyols, fatty acids, soy wax, isoflavones, methyl soyate, and other types. Further, the market is classified on basis of application into food & beverages, plastic & polymers, biodiesel, paper & pulp, cosmetic, and other applications. North America (U.S., Mexico, and Canada), Europe (France, Italy, Germany, UK, and Rest of Europe), Asia-Pacific (Japan, China, India, South Korea, and Rest of Asia-Pacific) and RoW (Middle East, South America, and Africa) are the key geographical regions included in this market.
Get Table of Content (TOC) @ https://www.variantmarketresearch.com/report-categories/chemicals-materials/soy-based-chemicals-market/toc
Soy-oil, by type dominated the global market in 2016
In 2016, soy-oil in the type dominated the global soy-based chemicals market with maximum market share and expected to continue its dominance over the forecast period, 2016– 2024. The growth of this segment is driven by high usage of soy-oil in food & beverages industry.
Biodiesel accounted for the largest share in the application segment in 2016
In the application segment, biodiesel held the major market shares in 2016. It is a renewable fuel and has increasing use in many end-use industries such as transportation, industrial, agricultural, and commercial, which is the driving factor for the growth of this segment.
North America was the highest revenue generating region in 2016
North America was leading region with major market share of 34.6% in 2016 and anticipated to continue its dominance over the forecast period, 2016– 2024, due to huge demand for bio-based chemicals & products as well as advanced agriculture industry in this region.
To browse the complete report, visit at https://www.variantmarketresearch.com/report-categories/chemicals-materials/soy-based-chemicals-market
Competitive Landscape
Key players are offering innovative products and services to increase their soy-based chemicals market share. Major players of the market are VertecBioSolvents Inc., The Dow Chemical Company, BioBased Technologies LLC,Archer Daniels Midland Company,Elevance Renewable Sciences Inc., Soy Technologies LLC, Cara Plastics Inc., Cargill Inc., Soyaworld Inc., and Bunge Ltd, among others.
Scope of the Global Soy-Based Chemicals Market
Type Segments
• Soy-Oil
• Polyols
• Fatty Acids
• Soy-Wax
• Isoflavones
• Methyl Soyate
• Other Types
Application Segments
• Food and Beverage
• Plastic and Polymers
• Biodiesel
• Paper and Pulp
• Cosmetics
• Other Applications
Geographical Segments
• North America
o U.S.
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Italy
o Rest of Europe
• Asia-Pacific
o India
o China
o Japan
o South Korea
o Rest of Asia-Pacific
• RoW
o South America
o Middle East
o Africa

About Variant Market Research
Variant Market Research offers syndicated and customized reports to fulfill clients' objectives. We also provide customized data pack proposing market sizing in an Excel/PDF/PowerPoint or Word format as per the requirement of clients. We cover several industry domains, namely Semiconductor & Electronics, Consumer Electronics, Information and Communication Technology, Automotive, Consumer Goods, Food & Beverages, Pharmaceuticals, Medical Devices, Chemicals, Industrial, Mining Equipment, Automation, Manufacturing, Construction, Energy & Power, Defense & Aerospace and Banking, Financial services and Insurance (BFSI). Our expertise are data triangulation, competitor benchmarking, parent market benchmarking, estimating market size and forecast of the market from 2016 to 2024.
For further information, visithttps://www.variantmarketresearch.com
You can connect with us on LinkedIn here @https://www.linkedin.com/company/variant-market-research

Contact Us

John Dave,
Head - Sales
Variant Market Research
649 Mission St, 5th Floor, San Francisco, CA 94105, United States.
Tel: +1-415-680-2785
Fax: +1-415-680-2786
Email: john.dave@variantmarketresearch.com
Email: help@variantmarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Soy-Based Chemicals Industry Outlook: Growing Alertness Regarding the Advantages of Bio-Based Products to Drive the Market Growth here

News-ID: 1034585 • Views: 216

More Releases from Variant Market Research

Global SCADA Market is Expected to Reach $48 Billion by 2024, Says Variant Marke …
Global SCADA Market Report, published by Variant Market Research, forecast that the global market is expected to reach $48 billion by 2024 from $31 billion in 2016; growing at a CAGR of 5.7% from 2016 to 2024. By geography, Rest of the World (RoW) and Asia Pacific are expected to grow at a CAGR of 6.6% and 6.4%, respectively, during the forecast period. "SCADA Market (By Component: Programmable Logic Control, Human
Global Baby Diapers Industry Outlook: Growth in Per Capita Income to Drive the M …
SAN FRANCISCO, Jun 06, 2018 According to the latest report published by Variant Market Research, the global baby diapers market size is projected to reach $72 Billion by 2024 from $48 Billion in 2016. In this report, baby diapers market forecast says that the global market is growing at 5.1% CAGR from 2016 to 2024.Geographically; Asia Pacific and RoW are expected to grow at a CAGR of 6.8% and 5.8%,
High adoption in End-User Industries Drives Global Corrugated Packaging Market
SAN FRANCISCO, Jun 06, 2018 According to the latest report published by Variant Market Research, the global corrugated packaging market size is projected to reach $218 million by 2024 from $158 million in 2016. In this report, corrugated packaging market forecast says that the global market is growing at 4.1% CAGR from 2016 to 2024. Click Here to Request a Free Sample PDF of This Report @ https://www.variantmarketresearch.com/report-categories/consumer-goods/corrugated-packaging-market/sample-request
Cold Pain Therapy Market is boosted due to increased sports activities
According to a new report published by Variant Market Research, the global cold pain therapy market size is forecasted to reach $1,185 Million by 2024 from $824 Million in 2016, growing at a CAGR of 4.6% from 2016 to 2024. Geographically, Asia-Pacific and Europe are expected to grow at a CAGR of 6.3% and 4.4%, respectively, during the forecast period says the report. Click Here to Request a Free Sample PDF

All 5 Releases


More Releases for Soy

Global Soy Sauce Market 2018 - Bluegrass Soy Sauce, Okonomi, Maggi
Accord Market, recently published a detailed market research study focused on the “Soy Sauce Market” across the global, regional and country level. The report provides 360° analysis of “Soy Sauce Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of Soy Sauce on the
Soy Milk Processing Unit
MBSPL has launched Business Feasibility Study Report + Business Model + Business Plan and Project Report – Soy Milk Processing Unit, helps entrepreneurs in getting started. According to MBSP’s latest report, Indian Soy based processed food products (SBPFP) industry is growing at a CAGR of 5.6% from past 5 years, and will grow at a CAGR of 6% from 2017 to 2022. This growth is driven by increasing demand of
Soy Protein Market Research Reports 2016
Global Soy Protein Market: Overview The report covers the analysis and forecast of the soy protein market on a global and regional level. The study provides historic data of 2015 along with the forecast for the period between 2016 and 2024 based on revenue (US$ Mn) and volume (Kilo tons). The study provides a detailed view of the soy protein market by segmenting it based on product, form, application, function, and regional
Demand of Organic Soy Protein Market 2025
Few of the market players accounting over organic soy protein market includes Burcon NutraScience, Harvest Innovations, Armor Proteins, World Food Processing, George Weston Foods, ADM, Devansoy Inc., Kellogg Company, The Scoular Company, Omega Protein Corporation, SunOpta Inc., MGP Ingredients, Dupont, Bunge Alimentos SA. Currently soya protein market is experiencing unique beneficiaries of success, hence competition in this market is increasing intensely, and this attract many new entities to enter this
Global Soy Protein Isolate Industry Report 2016
Qyresearchreports include new market research report “Global Soy Protein Isolate Industry Report 2016″ to its huge collection of research reports. A new intelligence study presents a comprehensive overview of the global Soy Protein Isolate market, offering insights into the key growth factors and lucrative opportunities. In addition, the key regional segments, product segmentation, and the primary applications have been discussed at length in the scope of the research report. The research
Soy Food Market: By Type (Fermented, Non Fermented, Soy additives/Ingredient, & …
Soy food and beverage products are made out of soybean. Soybeans has high protein, amino acid, and fiber content with complete absence of cholesterol, and hence are substitute for meat products, and are best suited for vegan diets. Soy has a number of health benefits such as increasing bone density, reduces the risk of heart failure, increasing the hair growth, and others. The major producers in the soy market are