Press release
Global Sebacic Acid Market to Witness a Pronounce Growth During 2023
Sebacic acid is a naturally occurring di-carboxylic acid primarily derived from castor oil with the structure (HOOC) (CH2)8 (COOH). It is a white flake or powdered crystal and resolved in ethanol, ether and soluble slightly in water.
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Global Sebacic Acid Market: Forecast by Type / Application / Region
Sebacic Acid is mainly manufactured by splitting of Castor oil followed by fusion with Caustic. It can be used in a number of fields: it can be used to produce engineering plastics, antifreeze plasticizers, solvents, softeners and additives, etc. Moreover, it can also be used as the material of high-temperature lubricants, synthetic lubricant greases, artificial flavors and medical aspects.
China is the largest consumption and export country of sebacic acid in the world in the past few years and it will keep the same position in the next few years. The Chinese market took up about 40% the global market in 2015 while more than 80% of the global export volume is from China. India is another key supplier all around the world. EU, USA and Japan is the key importers at present.
The sebacic acid market is developing rapidly on the basis of special and high performance nylon resins growth in 21 century. China relatively owns low-price and mature technology advantages over the world now, but the vast majority of high quality castor oil is from India. India may be the new growing region in the future.
Over the next five years, LPI(LP Information) projects that Sebacic Acid will register a 4.4% CAGR in terms of revenue, reach US$ 870 million by 2023, from US$ 670 million in 2017.
Global Sebacic Acid Market: Key Players
Arkema
Sebacic India Limited
Hokoku
OPW Ingredients
Hengshui Jinghua Chemical
Tongliao Xinghe Chemical
Tianxing Biotechnology
Verdezyne
Shipra Agrichem Pvt Ltd
Jiangsu Zhongzheng
Siqiang
Cap chem
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Related Information:
United States Sebacic Acid Market Research Report 2018
Europe Sebacic Acid Market Research Report 2018
North America Sebacic Acid Market Research Report 2018
Asia-Pacific Sebacic Acid Market Research Report 2018
China Sebacic Acid Market Research Report 2018
EMEA Sebacic Acid Market Research Report 2018
Global Sebacic Acid Market Research Report 2018
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Introduction:
Sebacic acid is a white, crystalline dicarboxylic acid commonly derived from castor oil through a chemical process. It is used in the production of nylon, plasticizers, lubricants, and personal care products due to its flexibility, low toxicity, and biodegradability. Its applications span various industries, including automotive, cosmetics, and manufacturing.
Setting up a sebacic acid manufacturing plant requires access to raw materials like castor oil, chemical processing units for cracking and purification,…
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The latest study released on the Global Sebacic Acid Market by USD Analytics Market evaluates market size, trend, and forecast to 2032. The Sebacic Acid market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.
Key Players…
Sebacic acid Prices, Trends & Forecasts | Provided by Procurement Resource
Sebacic acid is a dicarboxylic acid that appears to be a white crystalline powder. The acid is made using Castor oil or adipic acid and has many uses, such as functioning as a lubricant, plasticiser, and corrosion inhibitor in the manufacturing of polymers, plastics and lubricants.
Request for Real-Time Sebacic acid Prices: https://www.procurementresource.com/resource-center/sebacic-acid-price-trends/pricerequest
In addition, it is typically used as a starting material for making several compounds like sulfonates, sebacates, and esters.…
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The global Sebacic Acid market is valued at 670 million US$ in 2017 and will reach 950 million US$ by the end of 2025, growing at a CAGR of 4.3% during 2018-2025.
Sebacic acid is a naturally occurring di-carboxylic acid primarily derived from castor oil with the structure (HOOC) (CH2)8…
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Sebacic acid derived from castor oil is an exceptional concoction with a wide variety of applications and benefits. It is utilized in the manufacturing bio-polyamides, conferring critical properties such as adaptability, solidness, hydrophobicity, and lower dissolving temperatures. In addition, it is utilized as polyesters, as its flexibility, chemical resistance, and strength supports the dibasic acid nature of sebacic acid. These polyesters are used in various coating applications such as coils,…
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