Blown Oil Market is expected to reach $3,343.02 Million by 2028 : Cognitive Market Research

Market Overview:
- Blown oil also refer as oxidized oil and oxidatively polymerized oils. Blown oil is obtained through a physical process of thermal oxypolymerization, have been developed over many years and include a diverse group of products archived from castor oil, soyabean oil and other. In simple terms, during oils have been modified using the oxidative process to produce blown oils. It is manufactured under temperature (generally 70 to 120 °C (158 to 248 °F)) or pressure-controlled conditions in the presence of air. Oxidative and crosslink polymerization will take place at the double bonds and hydroxyl groups. This will result in increased viscosity, specific gravity and reactivity. There are many benefits of blown oil include better lubricity, biodegradability, low toxicity, relatively high flash point, thickening, etc. Due to the superior properties, blown oil serves number of applications such as metalworking and rolling oils, cutting fluids, drilling muds, personal care products, greases, wire drawing among others

Market Insights:
• As per Cognitive Market Research's latest published report, the Global Blown Oil market size will be $3,343.02 Million by 2028. Blown Oil Industry's Compound Annual Growth Rate will be 4.17% from 2021 to 2028.
• Asia Pacific Blown Oil market size is projected USD 1,230.90 Million in 2028

"To know more The Blown Oil Market Insights click here: https://www.cognitivemarketresearch.com/blown-oil-market-report

Market Drivers:
• Increasing demand from end-use applications
- Blown oils is a drying oil which has been modified through an oxidative process. Considering the superior properties of blown oil such as better lubricity, biodegradability, low toxicity, relatively high flash point, thickening, among others, blown oil serves numerous amounts of applications. For instance, blown castor oil is a derivative that has a higher viscosity and specific gravity compared to natural castor oil. These nom-drying castor polymers i.e., blown castor oil increasing viscosities resulting from oxidative and crosslink polymerization. These blown castor oil products increased viscosities and decreasing solubility in aliphatic solvents, increasing compatibility with various resins and improved ability to wet and disperse pigments while imparting solvent and abrasion resistance to lacquer systems. The blown oill are used to plasticize a variety of resins in adhesive and sealant systems, ink and hot melts.
• Growing demand for cosmetics
- Growing awareness regarding skincare and growth in consciousness about external beauty are the key factors driving the demand of cosmetics. Now a days, not only women but the demand of cosmetic products, oils, and personal care products is extremely high from men in their daily routine. Change in lifestyle coupled with growing individual income is expected to increase the overall demand of cosmetic industry. Consumers are more health and wellness-conscious than ever before. New breaking trends like Ayurvedic herbs, natural dental care, unplugging devices, developing personal rituals and gratitude are just a few of the emerging ways that significant segments of consumers are starting to develop a deeper relationship with their wellness. Many cosmetic manufacturers are replacing use of synthetic ingredients with natural variants.
• Market Restraint
- High price of blown oil and availability of alternative
• Market Opportunity
- Increasing consumer spending coupled with rising residential construction

Market Segmentation:
Type
• Blown Castor
- There ae many derivatives of castor oil. Blown Castor oil is also known as oxidized Castor oil. Blown oil (in general) consist of triglyceride molecules with oxygen linkages to form oxidized polymers. Blown Castor oil is a derivative that has a higher viscosity and specific gravity compared to natural castor oil. These properties are induced by bubbling air thorough it at elevated temperatures. Its main use is as a plasticizer for inks, lacquers and adhesives.
• Blown Mustard
- Mustard oil is used widely in food processing in many economically developing countries. Blown or blown mustard oil is majorly used as a lubricant.
• Blown Soybean
• Blown Rapeseed
• Others

Application
• Food Chemicals
• Cosmetics & Personal Care
• Resin & Coating
• Others

Get free sample pages of latest published Blown Oil Report:
https://www.cognitivemarketresearch.com/blown-oil-market-report/report_enquiry/4

Competitive Analysis for Blown Oil Market:
Kerawalla Group, Ambuja Solvex, ARVALLI CASTOR DERIVATIVES, Alnor Oil, VANDEPUTTE GROUP, Croda Lubricants, Girnar Industries, COFCO, Shangdong Luhua Group, Wilmar International, Vertellus

Vertellus
Founded in 1857, Vertellus is a privately held company headquartered in Indiana, U.S. Recently in 2021, Pritzker Private Capital ("PPC"), has acquired the Vertellus group of companies. Vertellus is a manufacturer of ingredients used in pharmaceuticals, personal care, nutrition, agriculture. Vertellus manufactures more than 700 products. The company serves customers across the globe from 10 manufacturing facilities located in the United States, United Kingdom, India and China.

News:
January 5, 2021
- Pritzker Private Capital ("PPC"), a leader in family direct investing, announced that it has acquired the Vertellus group of companies ("Vertellus" or "Company"), a specialty chemicals manufacturer.

June 1, 2021
- Vertellus has announce that it has signed a definitive agreement to acquire ESIM Chemicals' intermediates and specialties division ("IM Chemicals"), a leading provider of specialty chemical products serving the pharmaceutical, coatings, and fuel & lubricant markets.

Related Report:
• Blown Castor Oil Market - https://www.cognitivemarketresearch.com/blown-castor-oil-market-report
• Blown Rapeseed Oil Market - https://www.cognitivemarketresearch.com/blown-rapeseed-oil-market-report
• Blown Film Coolers Market - https://www.cognitivemarketresearch.com/blown-film-coolers-market-report

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
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About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.

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