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Sebacic Acid Market Trends - Industry Share, Size Report 2024 | Top Key Industry Players: Arkema, BASF, Wilmar International, Santa Cruz Biotechnology (SCBT), TCI - Tokyo Chemical Industry, Shandong Xinhua Pharmaceutical Company Limited

Sebacic Acid Market

Sebacic Acid Market

Sebacic Acid Market to exceed USD 480 million at the end of 2024; according to a new research report by Global Market Insights, Inc. Increasing application outlook in lubricants, plasticizers, adhesives, and solvents should drive sebacic acid market size. It is naturally occurring dicarboxylic acid which is found either in powdered or white flakes form. In addition, it is used as an intermediate for antiseptics, painting materials, and aromatics. Supportive government policies owing to non-hazardous properties under REACH regulations is likely to have a positive impact on industry growth.

Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/294

Sebacic acid market size from lubricant applications is poised to surpass 30 kilo tons by 2024. It is used as a key feedstock to produce sebacate diesters which are preferably used in complexed lubricants and greases. Diesters are used as base oil for high performance lubricants including aerospace turbines, industrial hydraulics, automotive and compressor systems.

Major raw material which includes castor oil is widely used for its manufacturing process with production facilities in China. Volatile castor seed cost is likely to have an impact on demand supply gap and affect sebacic acid market price trend. Increasing environmental concerns along with need for bio-based products to replace synthetic feedstocks should boost product demand.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

1. Arkema
2. Hengshui Jinghua Chemical Co., Ltd.
3. Sebacic India Limited
4. Hokoku Corporation
5. Santa Cruz Biotechnology (SCBT)
6. KGN Enterprises
7. Hangzhou Hope Chemical Co., Ltd
8. Zhengzhou Yibang Industry Flavors & Fragrances
9. Shipra Agrichem Pvt. Ltd.
10. Tianxing Biotechnology Co., Ltd.
11. TCI - Tokyo Chemical Industry
12. Tongliao Xinghe Biotechnology Co., Ltd.
13. Shandong Xinhua Pharmaceutical Company Limited
14. Triveni Global Private Limited India
15. Swarnajyothi Agrotech & Power Ltd
16. BASF
17. Wilmar International
18. Jiangsu Zhongzheng Biochemical Co., Ltd.
19. Shanxi Zhengang Chemical Co., Ltd. Sebacic acid

Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/294

U.S. sebacic acid market size should witness significant growth at over 4%. It is used to manufacture various polyester resins which may stimulate industry growth in the region. Growing automotive sales along with stringent government regulations to reduce vehicle weight and curb carbon emission should fuel product demand.

France sebacic acid market size from solvents application should exceed USD 4 million by end of 2024. Shift in trend towards less hazardous solvents to reduce toxicity and emission should drive industry growth. Strong application scope in cosmetic and personal care products as hair & skin conditioning, masking agent and emollient should boost industry growth.

Sebacic Acid Market By Application
• Platicizers
• Lubricants
• Solvents
• Adhesives
• Chemical Intermediates
• Others

Browse key industry insights spread across 150 pages with 100 market data tables & 9 figures & charts from the report, “Sebacic Acid Market” in detail along with the table of contents:

https://www.gminsights.com/industry-analysis/sebacic-acid-market

Global sebacic acid market share is competitive and moderately consolidated. Hengshui Jinghua Chemical, Casda Biomaterials, Sebacic India, Hokoku Corp, and Shandong Siqiang Chemical are some industrial participants operating in the industry. Companies are engaged in focusing towards forming strategies and product innovation to gain competitive advantage, thereby promoting industry growth.

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com

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