Press release
What’s promoting the Linoleic Acid Market growth? Key Vendors - Merck Millipore, BASF, Cayman Chemical, Eastman Chemical Company
Linoleic Acid Market
Rising health awareness and shifting trends for high quality organic products and sustainability will drive linoleic acid market. LA provides essential nutrients which cannot be synthesized naturally by human body and reduces the risk of developing various chronic diseases. It is rich in omega-6 fatty acid which is required by humans for normal body functioning.
Changing trends for using bio-based products in paints & coatings, adhesives & sealants may favor product demand. Linoleic acid is highly resistant to heat and light which makes it suitable for use in protective coatings. Development of radiation and UV cure technology in paints & coatings will promote product demand in this sector, which is likely to favor linoleic acid market.
Key Profiles:
• Eastman Chemical Company
• BASF
• Merck Millipore
• Acme Synthetic
• Cayman Chemical
• Penta Manufacturing
• Caila & Pares
• Univar, Inc.
• Beijing Lys Chemicals
• Synerzine
• S A Pharmachem Pvt. Ltd.
• Sisco Research Laboratories Pvt. Ltd.
• Avantor
Changes in dietary intake owing to busy lifestyle is likely to increase supplements market due to high nutritional content and easy availability. Growing awareness towards weight management among young generation due to extensive brand campaigns by supplement product industry players and is anticipated to have substantial impact on LA usage in this application, thereby promoting linoleic acid market growth.
Germany linoleic acid market from food & beverage application is anticipated to exceed USD 105 million by 2024. Increasing usage in processed food, supplements, milk products and fats production owing to its functional benefits to treat obesity, heart diseases, and cancer will drive regional product demand. Rising focus on food fortification to increase consumer adoption may act as another contributing factor towards regional industry growth.
Growth Drivers:
- Asia Pacific
• Rise in demand for linoleic acid-based supplements
- Europe
• Supportive regulations pertaining to linoleic acid nutritional claims
- Global
• Increasing consumer adoption of linoleic acid in the diet
Raw material procurement risk and scarcity owing to dependency on seasonality for production may challenge industry profitability, thereby negatively impacting linoleic acid market price trend. R&D initiatives by various companies to expand LA product offering will enhance its industry growth.
India linoleic acid market from paints & coatings application is observed to surpass USD 70 million in the estimated timeframe. Rising awareness towards negative environmental impacts of conventional coatings will drive linoleic acid usage in automotive, powder and coil coating. Environment conscious consumers inclination for bio-based and organic products supported by increasing demand in construction, automotive sectors, and marine sectors will propel industry growth.
- Linoleic Acid Market, By Application
• Cosmetics
• Paint & Coatings
• Food & Beverages
• Adhesives
Linoleic acid market from cosmetics application may witness strong gains owing to rise in consumer adoption for organic ingredients in their skincare products. They perceive them to be healthier and safer on their skin than petrochemical derived alternatives. It is extensively used in lotions, shampoos, lipstick, along with therapeutic skin formulations for treating eczema, and dryness, thus driving industry growth.
Commercial production is highly dependent on raw materials price fluctuations. Sourcing of raw materials, transportation and risk of procurement due to seasonality may hamper industry profitability, thereby affecting linoleic acid market price trend. However, increasing R&D investments, infrastructural capabilities will lead to expansion of LA based product portfolio and application scope propelling 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.
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Corporate Sales, USA
Global Market Insights, Inc.
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